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U.S. calls for united front as crisis wrecks markets

U.S. calls for united front as crisis wrecks markets
NEW YORK, (Reuters) - Governments and central banks around the world grasped at measures to contain the fast-spreading financial crisis on Monday but global stocks still plummeted as investors bet a recession was inevitable.  Full Story
Yesterday, 21:07

Governments struggle to stem crisis, markets shaken

LONDON/BERLIN (Reuters) - More European governments followed Germany's lead on Monday offering guarantees to savers in a frantic effort to calm fears among investors over the worst financial crisis in nearly 80 years.   Full Story  
Yesterday, 16:58 | Reuters

Oil falls below $90 a barrel, 8-month low

LONDON, Oct 6 (Reuters) - Oil fell below $90 a barrel on Monday to its lowest in eight months, pressured by expectations that the global credit crisis will bring a sharp fall in oil demand.   Full Story  
Yesterday, 15:36 | Reuters

Wall Steet tilts toward steep drop amid global credit worries

NEW YORK (AP) - Financial markets around the world had a rocky start Monday after European governments took steps to limit the damage from the growing global financial crisis. U.S. stocks appeared headed for a steep drop at the opening, and the credit markets remained under strain.   Full Story  
Yesterday, 14:50 | Reuters

Trading suspended on Russia's MICEX after 15 percent plunge

MOSCOW (AP) _ Trading has been suspended on Russia's leading stock exchange after shares plunged by more han 15 percent amid a backdrop of falling oil prices and fears over the global economy.   Full Story  
Yesterday, 12:57 | Associated Press

Oil falls below US$91 due to demand fears

SINGAPORE (AP) - Oil prices have fallen below US$91 a barrel in Asia on fears a U.S.-led financial crisis is spreading across the globe, exacerbating an economic slowdown that will cut crude demand.   Full Story   Yesterday, 11:13

Russia's benchmark stock index drops 7 percent in early trading

MOSCOW (AP) - Russia's stock markets have fallen sharply in early trading, with the benchmark index of the RTS exchange dropping more than 7 percent in the first 20 minutes of trading.   Full Story  
Yesterday, 10:24 | Associated Press

Regulators scramble to shore up banking system

BEIJING (Reuters) - Three more European governments offered blanket bank deposit guarantees before shell-shocked markets open on Monday, as regulators from Washington to Seoul scrambled to contain the deepest financial crisis in 80 years.   Full Story  
Yesterday, 09:23 | Reuters

Europe's summit no cure for bank crisis

PARIS (Reuters) - Pledges made by European leaders to tackle the global financial crisis at their Paris summit on Saturday are insufficient to stop the rot banks are fighting hour by hour, analysts say.   Full Story  
Yesterday, 08:40 | Reuters

Euro, Asian stocks tumble as financial crisis intensifies

HONG KONG, Oct 6 (Reuters) - Asian stocks fell 2-3 percent on Monday, led by shares of exporters, after a hectic weekend in Europe as the financial crisis gathered steam there, knocking the euro to the lowest in a year.   Full Story  
Yesterday, 08:22 | Reuters

European leaders vow to fight financial crisis

PARIS (Reuters) - European leaders vowed at the start of an emergency summit on Saturday to do what they could to fend off a financial crisis that snowballed out of Wall Street and is now hitting banks in Europe.   Full Story  
4 October, 21:21 | Reuters
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