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Asia stocks rise after Bernanke talks up stimulus
AP - Asian markets rose modestly Wednesday, as exporters like Sony Corp. recovered from the previous day's sell-off after Federal Reserve Chairman Ben Bernanke said a big stimulus package could help revive the U.S. economy.
London stocks up at start of trading
AFP - The London stock market rose at the start of trade on Wednesday after finishing down the day before on continued gloomy news about the global economy.
Asian stocks rise after Bernanke talks up stimulus
AP - Asian markets rose modestly Wednesday, as exporters like Sony Corp. recovered from the previous day's sell-off after Federal Reserve Chairman Ben Bernanke said a big stimulus package could help revive the U.S. economy. European markets were lower in early trade.
Deutsche Bank reports euro4.8 billion 4Q loss
AP - Deutsche Bank AG, Germany's biggest bank, says it lost an estimated euro4.8 billion ($6.4 billion) in the fourth quarter last year.
Stock futures point lower after Citi-Morgan deal
AP - Wall Street headed toward a lower open Wednesday as investors questioned whether banks would need more help from the government. The market also awaited a slate of economic reports.
FTSE-100 index down 93.23 points at 4,305.92
AP - Share prices on the London Stock Exchange were lower at midday Wednesday.
Banking concerns weigh on European stocks
AP - European stock markets fell sharply Wednesday amid renewed concerns about the financial well-being of the banking system and ahead of key Christmas trading news in the U.S.
European stocks slide as German recession worsens
AFP - European stock markets fell further on Wednesday, wiping out gains won so far this year, on weakness in the banking sector caused by concern about HSBC.
HK stock index gains 0.3 percent; HSBC off 4.1 pct
AP - Hong Kong stocks rose Wednesday, but finished well off their highs as selling in European lender HSBC weighed down the broader market.
Stocks open lower on disappointing retail sales
AP - Wall Street's anxiety about the economy and the health of the banking industry is sending stocks down sharply in early trading.
European markets slump on US retail sales slide
AP - European stock markets plunged Wednesday amid renewed concerns about the financial well-being of the banking system and after some shocking U.S. retail sales data.
Oil slips back below $38 on retail sales data
Reuters - Oil slipped back below $38 a barrel on Wednesday, giving up early gains after news of worse-than-expected U.S. retail sales figures depressed stock markets and hit the dollar.
Stocks tumble on disappointing retail sales
AP - A dismal reading on retail sales and worries about the banking industry pounded the stock market Wednesday. Major stock indexes lost more than 3 percent, including the Dow Jones industrial average, which fell about 275 points, its sixth straight slide.
London stocks plunge over five percent
AFP - The London stock market slumped more than five percent in late trade on Wednesday, undermined by weakness in the banking sector and after more sharp losses on Wall Street, analysts said.
World stocks slump on banking, retailing fears
AP - European and US stock markets slumped Wednesday after some dismal U.S. retail sales data and amid renewed concerns about the financial well-being of the banking system.
Oil falls below $36 as U.S. fuel stocks rise
Reuters - Oil fell $2 a barrel to below $36 on Wednesday after a U.S. government report showed larger-than-expected rises in inventories of gasoline and distillates.
Latam stocks echo drops in Europe, US markets
AP - Latin American stocks were falling Wednesday in line with a poor U.S. retail sales report and sharp drops in Europe.
Latin America stocks fall on worsening US data
AP - Latin American stocks fell Wednesday as retail sales plunged more than expected in the U.S., signaling a prolonged recession that is already slowing demand for the region's exports.
London stocks plunge over 5%
AFP - The London stock market slumped more than five percent in late trade on Wednesday, undermined by weakness in the banking sector and after more sharp losses on Wall Street, analysts said.
World stocks plummet on banking, retailing fears
AP - European and U.S. stock markets plummeted Wednesday in reaction to dismal U.S. retail sales data and renewed concerns over the financial well-being of the banking system.
FTSE 100 down 218.51 points at 4,180.64
AP - Share prices closed sharply lower Wednesday on the London Stock Exchange.
Oil falls on U.S. stock build, weak demand
Reuters - Oil fell on Wednesday due to rising inventories and flagging demand in top consumer the United States.
Stocks tumble as worries grow about banks
AP - Volatility is reasserting itself in the stock market.
Down we go again: Faint hope vanishes on Wall St.
AP - So you thought Wall Street might be out of the woods? Think again.
Latin America stocks fall as US data deepens fears
AP - Latin American stocks tumbled Wednesday as investors bet a steeper-than-expected plunge in U.S. retail sales signaled that a prolonged recession would further slow demand for the region's exports.
U.S. charges Blackstone executive of insider trading
Reuters - U.S. prosecutors have filed criminal charges against the managing director at private equity firm Blackstone Group LP for an insider trading scheme involving shares of supermarket chain Albertsons Inc.
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