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| | | ... volatile month in which markets were rattled by the debt-ceiling mess in Washington, Standard & Poor's downgrade of the United States, fears of a new recession and Europe's sovereign debt crisis. "It was a very bad month, you want to forget it as quickly ... |
| | | | ... insurers' balance sheets. Airlines soared. American Airlines rose 8.6 per cent, Delta Air Lines was up 5.3 per cent and United Continental gained 3.7 per cent. Bond prices slumped. The yield on the 10-year Treasury note grew to 2.27 per cent from 2.19 ... |
| | | | ... and choppiness we saw last week." Wall Street lost four per cent overnight on new worries about a second recession in the United States and Europe, prompted by an investment bank report and poor economic data from the US. Fears about the liquidity of ... |
| | | | ... market had forecast. Mr Jukes said a report by Morgan Stanley had only fuelled worries about a second recession in the United States and Europe, sending US stocks into a tailspin. The report said the US and Europe were dangerously close to recession ... |
| | | | ... total exports in FY2010/11; Japan, 19.1%; South Korea, 9.2%; India, 6.4%; Taiwan, 3.7%. During the past fiscal year, the United States accounted for only 3.7% of Australia's total export shipments - almost half of what it was only five years ago. Exports ... |
| | | | ... Sarkozy promised new measures to slash France's public deficit amid fears that France could be the next country after the United States to suffer a top credit-rating downgrade. "There's certainly going to be negative sentiment and we're likely to be ... |
| | | | ... 5.1%; France's CAC-40 index gave up 5.4%; Italy's MIB index plunged 6.7%. And across the North Sea, the (literally) burning United Kingdom saw its FTSE-100 down 3.1%. The boo - France is about to burn. Never mind the more than 20% dive in Societe Generale's ... |
| | | | ... than five per cent on Monday, with the Dow Jones Industrial Average losing 634 points, after Standard & Poor's dealt the United States an unprecedented downgrade. The Dow was down 5.6 per cent to finish at 10,809.85, its lowest close since last October. ... |
| | | | The Australian share market had clawed back some losses at noon after Standard and Poor's downgraded the United States credit rating for the first time in history over the weekend. After plunging four per cent on Friday, the local bourse was down more ... |
| | | | ... currency after the downgrade. "China, the largest creditor of the world's sole superpower, has every right now to demand the United States address its structural debt problems and ensure the safety of China's dollar assets," China's official Xinhua news ... |
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