Irish Gloom and Koreans on Brink of War Push Stock Markets into the Red

As if the rescue of Ireland’s collapsing economy and fears over Portugal and Spain in the debt-domino-debacle wasn’t enough, North and South-Korean fire exchange adds fuel to an already blazing fire sending shares across globe into the red on Tuesday. Market Watch reports that the Stoxx Europe 600 index (ST:STOXX600 265.99, -1.75, -0.65%) More...

by Andrea Sono | Published 5 years ago
By Ana Nivtova On Wednesday, May 19th, 2010

Euro collapses to record four-year low

As the European economy suffers from heavy financial burdens and Germany moved to ban naked short-selling of shares, the Euro has collapsed to a new four-year low against the US dollar in international currency More...

By Michael Walsh On Saturday, May 15th, 2010
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Cash for Wall Street Crash

Thursday 6th May, the New York Stock Exchange plummets 1,000 points; a historical first. By the Monday it recovers and a further 400 points are added. Spikes in graphs don’t get any sharper. In four days $3.7 More...

By Rajat Anand On Thursday, December 17th, 2009

Crisis in Dubai is over, says official

According to a report by Reuters, the United Arab Emirates’ foreign minister said on Thursday, “the economic crisis in Dubai is over”. Given the $10 billion bailout announced earlier this week More...

By Rajat Anand On Monday, October 19th, 2009

Crude Oil up to One-Year High as Dollar weakens

Crude oil prices touched $79.05 per barrel, rising about half a percent on the New York Mercantile Exchange. This is the highest level it has reached since October 15 last year. The rise is attributed to the confidence More...