World Stocks Tumble
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US Fed Cuts Key Interest Rate By 0.25%, Sending Stocks Tumbling
Policymakers voted 11-to-1 to lower the central bank's key lending rate to between 4.25 percent and 4.50 percent as expected, the Fed announced in a statement.
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Trump's 'Day 1' Promise To Shut Clean Energy Projects Sends Stocks Tumbling
Donald Trump's pledge to stop renewable energy projects on "day one" of his potential presidency has sent shockwaves through the industry, causing renewable energy shares to plummet.
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Global Markets Hit Hard By Silicon Valley Bank's Collapse
Wall Street's top indices had managed to peek into the green before regulators closed the troubled Silicon Valley Bank, sending stocks tumbling into the red again.
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Silicon Valley Bank Urges Clients To "Stay Calm" After 60% Stock Tumble
The immediate risk for many banks may not be existential, according to analysts, but it could still be painful.
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Stocks Struggle To Advance As Surprise China Rate Cut Sends Oil Tumbling
Global shares struggled to advance on Monday while investors digested news of an unexpected cut in Chinese interest rates as data pointed to faltering growth in the world's second largest economy, sending oil prices nearly 2 per cent lower.
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Is A Global Recession Coming? Financial Markets' Moves Suggest So
The latest financial markets' moves underscore recession risks.
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Tencent Is World's Worst Stock Bet With $170 Billion Wipeout
The Chinese Internet giant had tumbled 23% in July as of Wednesday, set for its worst month ever after erasing about $170 billion of market value.
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Gautam Adani Lost More Money This Week Than Anyone Else in the World
Gautam Adani's personal fortune tumbling by about $13.2 billion to $63.5 billion after a media report raising questions about some offshore investors triggered a rout in his conglomerate's six listed stocks
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Founder Of Truck Maker Nikola Resigns After Fraud Allegations
The founder and executive chairman of embattled zero-emission truck maker Nikola has resigned, the company announced Sunday, after allegations of fraud which sparked a stock tumble and a regulatory investigation.
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Nifty Logs Worst Day In 6 Weeks After Government Extends COVID-19 Lockdown: 10 Things To Know
Domestic stock markets registered sharp losses on Monday after the government extended the world's biggest lockdown to curb the spread of the coronavirus (COVID-19) pandemic until May 17 with few relaxations. The S&P BSE Sensex index tumbled as much as 6.19 per cent - or 2,085.6 points - to hit 31,632.02 during the session, having started the day d...
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As US Stocks Tumble, Coronavirus Amplifies Worries About Global Recession
Wall Street stocks sunk deep into the red Thursday afternoon as the economic toll from the coronavirus mounts, amplifying worries about a global recession.
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Asia Stocks Sink After US Bans Europe Travel Over Coronavirus
Stock markets tumbled Thursday after US President Donald Trump announced a 30-day ban on travel to the United States from Europe over the coronavirus.
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US Trade War Upends China's Economic Balancing Act
China's government is facing a multi-front battle to defend its economy, fighting to reduce its debt mountain while the yuan and local stock markets tumble in the face of a US trade conflict.
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Facebook In Tight Spot After Alleged Data Breach: 5 Things To Know
The world's-largest social media company Facebook suffered the biggest one-day drop of its stocks by seven per cent on Wall Street late on Monday in four years following reported data leakage of its 50 million users for alleged political purposes, said a report by news agency Indo-Asian News Service (IANS) report. Facebook shares closed down nearly...
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Stocks Tumble As US President Donald Trump Sparks Global Trade War Fears
Stock markets in Asia on Friday extended a Wall Street rout, as investors were spooked by the spectre of a global trade war after President Donald Trump announced the United States would impose hefty tariffs on steel and aluminium imports.
-
US Fed Cuts Key Interest Rate By 0.25%, Sending Stocks Tumbling
Policymakers voted 11-to-1 to lower the central bank's key lending rate to between 4.25 percent and 4.50 percent as expected, the Fed announced in a statement.
-
Trump's 'Day 1' Promise To Shut Clean Energy Projects Sends Stocks Tumbling
Donald Trump's pledge to stop renewable energy projects on "day one" of his potential presidency has sent shockwaves through the industry, causing renewable energy shares to plummet.
-
Global Markets Hit Hard By Silicon Valley Bank's Collapse
Wall Street's top indices had managed to peek into the green before regulators closed the troubled Silicon Valley Bank, sending stocks tumbling into the red again.
-
Silicon Valley Bank Urges Clients To "Stay Calm" After 60% Stock Tumble
The immediate risk for many banks may not be existential, according to analysts, but it could still be painful.
-
Stocks Struggle To Advance As Surprise China Rate Cut Sends Oil Tumbling
Global shares struggled to advance on Monday while investors digested news of an unexpected cut in Chinese interest rates as data pointed to faltering growth in the world's second largest economy, sending oil prices nearly 2 per cent lower.
-
Is A Global Recession Coming? Financial Markets' Moves Suggest So
The latest financial markets' moves underscore recession risks.
-
Tencent Is World's Worst Stock Bet With $170 Billion Wipeout
The Chinese Internet giant had tumbled 23% in July as of Wednesday, set for its worst month ever after erasing about $170 billion of market value.
-
Gautam Adani Lost More Money This Week Than Anyone Else in the World
Gautam Adani's personal fortune tumbling by about $13.2 billion to $63.5 billion after a media report raising questions about some offshore investors triggered a rout in his conglomerate's six listed stocks
-
Founder Of Truck Maker Nikola Resigns After Fraud Allegations
The founder and executive chairman of embattled zero-emission truck maker Nikola has resigned, the company announced Sunday, after allegations of fraud which sparked a stock tumble and a regulatory investigation.
-
Nifty Logs Worst Day In 6 Weeks After Government Extends COVID-19 Lockdown: 10 Things To Know
Domestic stock markets registered sharp losses on Monday after the government extended the world's biggest lockdown to curb the spread of the coronavirus (COVID-19) pandemic until May 17 with few relaxations. The S&P BSE Sensex index tumbled as much as 6.19 per cent - or 2,085.6 points - to hit 31,632.02 during the session, having started the day d...
-
As US Stocks Tumble, Coronavirus Amplifies Worries About Global Recession
Wall Street stocks sunk deep into the red Thursday afternoon as the economic toll from the coronavirus mounts, amplifying worries about a global recession.
-
Asia Stocks Sink After US Bans Europe Travel Over Coronavirus
Stock markets tumbled Thursday after US President Donald Trump announced a 30-day ban on travel to the United States from Europe over the coronavirus.
-
US Trade War Upends China's Economic Balancing Act
China's government is facing a multi-front battle to defend its economy, fighting to reduce its debt mountain while the yuan and local stock markets tumble in the face of a US trade conflict.
-
Facebook In Tight Spot After Alleged Data Breach: 5 Things To Know
The world's-largest social media company Facebook suffered the biggest one-day drop of its stocks by seven per cent on Wall Street late on Monday in four years following reported data leakage of its 50 million users for alleged political purposes, said a report by news agency Indo-Asian News Service (IANS) report. Facebook shares closed down nearly...
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Stocks Tumble As US President Donald Trump Sparks Global Trade War Fears
Stock markets in Asia on Friday extended a Wall Street rout, as investors were spooked by the spectre of a global trade war after President Donald Trump announced the United States would impose hefty tariffs on steel and aluminium imports.
