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US loses its AAA credit rating
06/08/2011 - UNITED STATES

US loses its AAA credit rating

Credit rating agency Standard and Poor's has downgraded the US' credit rating for the first time in the history of the ratings, knocking its AAA rating down a notch. A White House source said the analysis contained "deep and fundamental flaws".
Recession fears grip market in worst week since 2008
07/08/2011 - FINANCIAL CRISIS

Recession fears grip market in worst week since 2008

The US stock exchange closed up 0.54 percent on Friday in a tumultuous day marked by wild swings in share prices as markets were gripped by fears on the handling of the euro zone debt crisis and double-dip recession concerns.
Europe closes down amid stock market turmoil
05/08/2011 - FINANCIAL CRISIS

Europe closes down amid stock market turmoil

European shares took another beating Friday with major stock exchanges closing down amid a global sell-off that shaved $2.5 trillion off the value of world stocks in a week, raising the spectre of a double-dip recession after the 2008 crisis.
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Strong US jobs data fails to stem global stock decline
07/08/2011 - FINANCIAL CRISIS

Strong US jobs data fails to stem global stock decline

World stocks rallied briefly on Friday following stronger-than-expected US jobs data, before sinking back into negative territory as confidence in the European Union’s handling of the debt crisis continued to plummet.
Global markets dive on debt, slowdown fears
04/08/2011 - FINANCE

Global markets dive on debt, slowdown fears

World stocks took a beating Thursday, hitting fresh 2011 lows, after the latest spate of economic data pointed to a worsening global slowdown. Europe’s main stock markets also took a plunge, closing down more than 3% on eurozone debt fears.
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Nikkei closes higher after plunge
16/03/2011 - FINANCE

Nikkei closes higher after plunge

Tokyo shares rebounded Wednesday to close 5.68 percent higher after reaching a 24-year low on the back of the country's worst disaster since World War II.
Wall Street slips on Japan nuclear threat
15/03/2011 - FINANCE

Wall Street slips on Japan nuclear threat

Concern over Japan’s nuclear crisis sent US stock markets into a nosedive Tuesday. The Dow Jones was down 1.8 percent by midday, mirroring similar losses in Asian and European markets.
European stocks fall under weight of Japan's crisis
15/03/2011 - FINANCE

European stocks fall under weight of Japan's crisis

European shares tumbled under the weight of Japan's nuclear power plant crisis in Tuesday, sliding to their lowest point in 14 weeks.
Stock market tumbles over investor worries
14/03/2011 - JAPAN

Stock market tumbles over investor worries

Japan's stock market plunged on opening Monday as investors struggled to asses the impact of the 8.9-magnitude earthquake and tsunami that struck the country Friday. It is the biggest dip in the Nikkei-225 since 2008.
NYSE Euronext and Deutsche Boerse announce merger deal
15/02/2011 - FINANCE

NYSE Euronext and Deutsche Boerse announce merger deal

The parent company of the New York Stock Exchange and the operator of the Frankfurt stock exchange on Tuesday said the two entities would merge to create the world's largest financial markets company.
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