Concerns about prospects for the global economy sent Asian shares falling, reversing gains made after Barack Obama became the U.S. president-elect. Markets in South Korea, Hong Kong and Japan all fell, although in Australia, a senior member of the g...
Top Indian intelligence and security officials were summoned by the Home Minister for an emergency meeting following another fatal bomb blast in the Indian capital. Police say one child died and at least 18 other people were injured in the Saturday...
Europe waits nervously as lawmakers in Washington continue to wrangle over a $700 billion rescue package for U.S. financial institutions. Talks between the Bush administration and congressional negotiators continue Friday after reportedly contentiou...
Members of Congress are demanding more taxpayer protections and congressional oversight in the $700 billion bailout plan lawmakers are expected to debate this week to rescue failing U.S. financial institutions. As VOA's Dan Robinson reports from Cap...
Financial markets in Asia have rebounded after massive central bank intervention and moves by the United States authorities to assist troubled financial firms. But as Ron Corben reports from Bangkok, while Asia's economic growth prospects are expect...
Leading central banks have rushed to add more cash to the world's financial system in an effort to calm nervous international markets. As Ron Corben in Bangkok reports, most Asian stock markets fell again Thursday, as investors continued to react to...
Equity markets in Europe and the Americas declined sharply on Wednesday as investors worried that the overnight decision by U.S. authorities to take over the troubled insurer American International Group, or AIG, may not be enough to stem the financ...
Major European stock indexes dropped for a second day amid worries about the fallout of the Lehman Brothers investment bank collapse in the United States. For VOA, Tom Rivers in London reports. A man reaches out for a copy of an evening newspaper wi...
Indian stock markets have plunged sharply as worries about the global financial systems rock the world. Anjana Pasricha reports from New Delhi, the Indian market was among the hardest hit in Asia. An onlooker reacts as he watches stock prices on a s...
Asian stock markets dropped sharply Monday after one of the world's biggest investment banks declared bankruptcy and another was taken over. Stock markets in Australia, Taiwan and Singapore dropped three-to-four percent on fears that the credit mark...