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10/07/2008
Asian markets show signs of life after global rout (AP via Yahoo! News)
Asian stocks showed signs of life Tuesday after a global market sell-off, with several markets climbing into positive territory or paring losses after opening sharply lower.
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10/07/2008
Fashion labels fear psychological backlash of global crisis (AFP via Yahoo! News)
Top womenswear labels are bracing for the psychological impact of the global financial turmoil on consumers but hope to limit damage by shifting buying strategies and raising their profile, industry insiders told AFP.
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10/06/2008
Global markets battered, Dow slides below 10,000 (AFP via Yahoo! News)
Global stock markets reeled Monday, as panicked investors scurried for cover on fears that a much-vaunted US finance sector bailout will fail to end a crippling credit crisis.
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10/07/2008
Deepening finance crisis causes global market panic (AFP via Yahoo! News)
Desperate measures by governments in Europe and North America to steady the banking system failed to stem panic in global markets Monday amid deepening gloom at the scope of the financial crisis.
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10/06/2008
Oil prices fall as financial turmoil goes global (AP via Yahoo! News)
Oil prices plunged below $90 a barrel Monday, coming within reach of year-ago levels as a widening financial maelstrom spreads overseas and crimps global demand for energy.
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10/06/2008
Stocks plummet in global market rout (Reuters via Yahoo! News)
Stocks slid more than 6 percent on Monday, with the Dow diving to its lowest level in almost five years, on fears the global economy was hurtling into recession despite government efforts to contain the fast-spreading financial crisis.
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10/07/2008
Asian Stocks Fall, Extending Global Rout, on Economy Concern (Bloomberg)
Oct. 7 (Bloomberg) -- Asian stocks slumped, extending a global rout, as surging credit costs and slowing demand for the region's exports threatened to tip economies into recession.
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10/07/2008
Global turmoil could reverse prosperity (MSNBC)
Despite a $700B price tag, financial rescue plan is rapidly becoming dwarfed by size of global crisis.
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10/06/2008
Panicked global markets reel, Wall Street plunges below 10,000 pts (AFP via Yahoo! News)
Global stock markets reeled Monday, shaken by massive sell-offs by panicked investors who fear a much-vaunted US finance sector bailout will fail to end a crippling credit crisis.
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10/06/2008
Market meltdown: Global problem, global cure (CNN Money)
Global stock markets are in free fall Monday as European banks are starting to look like they may need their own bailout.
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