Claim or Create your Free Community Profile : Sign in / Sign up
Asian shares fall as Spain, contagion worries intensify
Jul 25th, 2012
TOKYO (Reuters) - Asian shares fell and the euro wobbled above multi-year lows against major currencies on Wednesday as soaring borrowing costs deepened worries that Spain might need a bailout, while Greece appeared unlikely to meet conditions of its aid package. European stocks were seen slipping and U.S. stock futures were down 0.2 percent, indicating a weak start on Wall Street after three consecutive losing sessions for the S&P 500 index. Financial spreadbetters called the main indexes in London, Paris and Frankfurt to open down as much as 0.7 percent. ... (Source: Reuters) -
By Ian Chua SYDNEY (Reuters) - Japanese stocks turned negative on Friday and the yen reversed early losses, keeping intact worries that the Nikkei's largest one-day drop in two years may be the start of a bigger rout. In a sign that many are still spooked by Thursday's eye-watering 7.3 percent Nikkei drop, share markets elsewhere in Asia ... [Full Article]
HONG KONG (Reuters) - Shares in Chinese personal computer maker Lenovo Group Ltd jumped more than 4 percent after it reported a forecast-beating 90 percent rise in quarterly profit, its fastest in seven quarters. The stock rose as much as 4.3 percent in afternoon trade to HK$7.49 after it posted net profit of $126.9 million in the quarter ended in ... [Full Article]
WASHINGTON (AP) - The number of Americans applying for unemployment benefits fell 23,000 last week to a seasonally adjusted 340,000, a level consistent with solid job growth. (Source: Associated Press)... [Full Article]
MADRID (Reuters) - Small investors in shares of in Spain's nationalised lender Bankia suffered new massive losses on Thursday as the stock plunged by more than 50 percent amid an abnormally high volume of trading which the stock market regulator said would be looked at closely. Tens of thousands of small savers, who were often missold preferen... [Full Article]
By Angela Moon NEW YORK (Reuters) - Stocks fell on Wednesday with the S&P 500 posting its biggest decline in three weeks, after minutes from the latest Federal Reserve meeting showed some officials were open to tapering large-scale asset purchases as early as at the June meeting. Trading was volatile - the Dow and the S&P indexes both rose ... [Full Article]
2Space PassportNewsCommunityMarketPlaceFree Tools
