World Stocks Fall On European Contagion Concern

MILAN - World stock markets sank Thursday amid ominous signs that debt market turmoil roiling Spain is threatening Italy, which as the eurozone's third-largest economy is considered too big to bail out.

Topics:  milan    world   spain   italy   
ASK NEWS:
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    ... the rest of the world last few ... kind of contagion affect. Contagion ... to be the engine of european growth ... Most of that should ...
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YAHOO NEWS:
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    The Supreme Court ordered the Argentine government to pay $1.5 billion to investors who have not settled, but it refused. It argued that if it did so, it would be obliged to pay the same to the larger group of investors who have already accepted a deal worth about 33% of their investment, and it promptly pushed the case to the International Court of Justice in the Hague.
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  • Equities beating becalmed bonds
    One asset class in the news in the past month has been emerging market bonds, as the market nervously awaited developments in the stand-off between the Argentine government and investors in its $95 billion (£56 billion) bond default.
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    Today’s AM fix was USD 1,317.50, EUR 984.02 and GBP 784.23 per ounce. Yesterday’s AM fix was USD 1,302.00, EUR  973.53 and GBP 772.98 per ounce. Gold climbed $5.20 or 1.42% yesterday to $1,311.60/oz and silver fell $0.08 or 1.16% to $19.96/oz. Gold is up nearly 2% this week on safe haven buying, its best weekly performance since mid-June. Gold hit three week highs overnight at $1,322.60/oz ...
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BING NEWS:
  • World stocks fall on European contagion concern
    MILAN -- World stock markets sank Thursday amid ominous signs that debt market turmoil roiling Spain is threatening Italy, which as the eurozone's third-largest economy is considered too big to bail out. Spain's 10-year bond yield -- a key indicator of a ...
    06/14/2012 - 1:46 am | View Link
  • World stocks fall on European contagion concern
    MILAN (AP) — World stock markets sank Thursday amid ominous signs that debt market turmoil roiling Spain is threatening Italy, which as the eurozone's third-largest economy is considered too big to bail out. Spain's 10-year bond yield — a key indicator ...
    06/14/2012 - 12:53 am | View Link
  • World stocks fall into negative territory for year
    World stocks, as measured by the MSCI index, dropped 1.1 per cent and to a level below where they began the year, having given up all the first-quarter gains fuelled by the European Central ... worries about the euro zone contagion. US-listed shares ...
    05/18/2012 - 1:00 pm | View Link
  • World stocks plunge on Greek default risk
    World stocks slumped and the euro plunged on Tuesday after Greece announced a bailout referendum, renewing risks of a Greek default, debt contagion and recession ... "The wheels look set to fall off the European bailout effort as the Greek prime ...
    10/31/2011 - 1:00 pm | View Link
  • World Stocks, Crude Prices Fall After Europe Delays Greek Decision
    LONDON - (Dominic Lau) - World stocks, the euro and crude prices fell on Monday and ... the next tranche in last year's 110 billion euro bailout package extended by the European Union and the International Monetary Fund, to be paid by mid-July.
    08/19/2011 - 10:12 pm | View Link
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BING SEARCH:
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