AFP - World stock markets sank heavily on Tuesday as investors shunned risky assets amid renewed fears over the United States economy, while Tokyo also dived on concern over the soaring yen, dealers said.
Business
Global equities rocked by US economic fears (AFP)
World stocks fall on economic worries (Reuters)
Reuters - World stocks fell on Tuesday in markets dominated by concerns the U.S. economy is sliding back into recession, prompting further flows into safe-haven assets.
Stock futures point to Wall Street extending decline (Reuters)
Reuters - Stock index futures pointed to a lower open for Wall Street on Tuesday, extending a sharp decline in the previous session, on worries about the strength of the global economic recovery.
Bertelsmann makes 1st-half profit, raises outlook (AP)
AP - Improving European advertising markets and cost-cutting efforts helped Bertelsmann AG to a net profit in the first half, prompting the media group to raise its full-year forecast on Tuesday.
India's economy grew 8.8 percent in June quarter (AP)
AP - India's economy grew 8.8 percent in the June quarter, its fastest pace in over two years, as good farm and manufacturing output lifted growth back to its pre-crisis trajectory.
World stocks retreat as Nikkei slides 3.6 percent (AP)
AP - World markets sank Tuesday as a strong yen pummeled Japanese shares to a 16-month low and pessimism about the U.S. economy intensified.
European stocks plunge; London down 1.14 percent (AFP)
AFP - Europe's main stock markets dived at the start of trading on Tuesday, following heavy overnight losses in New York and then in Asia as investors worried about weak US data and the strength of the yen.
Nikkei slides 3.6 percent to hit 16-month closing low (Reuters)
Reuters - Tokyo stocks fell 3.6 percent to a 16-month closing low on Tuesday, with disheartened investors bailing out of the market after the Bank of Japan's emergency moves the day before failed to curb the yen's strength.
Japan factory output rises 0.3 percent in July (AP)
AP - Japan's factory output unexpectedly rose in July for the first time in two months as companies bolstered production of machinery, chemicals and paper despite signs of a slowing global economy.
Page 1 of 86