Asian markets rise in cautious trade, but banking fears linger after Morgan Stanley reportHONG KONG — Asian stock markets advanced Thursday, but trade was cautious amid gnawing worries about banks after Morgan Stanley reported worse-than-expected results. Gold prices inch higher as worries about banks send investors in search of safetyNEW YORK — Gold prices closed slightly higher Wednesday, as worries about banks sent investors in search of safety. A look at economic developments and activity in stock markets around the world Wednesday
A look at economic developments around the globe US dollar mostly down, gold lower in European afternoon tradingLONDON — The U.S. dollar was mostly lower against other major currencies in European trading Wednesday afternoon. Gold fell. AP Executive Morning BriefingThe top business news from The Associated Press for the morning of Thursday, July 2, 2009: US dollar mixed, gold lower in European morning tradingLONDON — The U.S. dollar was mixed against other major currencies in European trading Tuesday morning. Gold fell. Asia stocks mostly higher after Geithner says banks have enough capital, but fears remainHONG KONG — Asian stock markets stabilized Wednesday after the U.S. Treasury secretary said most of the country’s hard-hit banks have enough capital to weather the global financial crisis. Gold prices dip as remarks from Treasury Secretary Geithner spur buying on Wall StreetNEW YORK — Gold prices are slightly lower as stocks gain ground. Oil prices are flat, while grain prices are up. Asian stock markets tumble as worries about banking industry flare; HK off 3.7 pctHONG KONG — Asian stock markets tumbled Tuesday, with benchmarks in Tokyo and Hong Kong down 2-3 percent, after news of mounting bad loans at Bank of America rekindled worries about the financial system and halted Wall Street’s six-week rally. European markets traded higher. |
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