World markets slide as investors worry about US economy and brace for key jobs report
Asian markets fall sharply after Wall Street tumble on weak economic data; Tokyo off 2.5 pctHONG KONG — Asian markets fell sharply Friday as weaker-than-expected reports about U.S. jobs and manufacturing heightened worries about an anemic recovery in the world’s largest economy. Asian markets fell sharply after Wall Street tumble on weak economic data; Tokoy off 2.5 pctHONG KONG — Asian markets fell sharply Friday as weaker-than-expected reports about U.S. jobs and manufacturing heightened worries about an anemic recovery in the world’s largest economy. Global recession has boosted jobless lines worldwide, but data shows marked differencesPARIS — Unemployment is rising around the world as the recession leaves few corners untouched — but sharp differences remain between companies directly hit by financial or housing-market collapses and those that have deliberately protected jobs with expensive measures — including subsidizing shorter working weeks. Friend: Woman felt trapped when she took kids to Japan, where husband tried to get them backFRANKLIN, Tenn. — A friend says Noriko Savoie felt trapped — she was a Japanese citizen new to the U.S. whose American husband had just served her divorce papers. US dad jailed in Japan: Ex-wife who took kids had worried about them losing Japanese identityFRANKLIN, Tenn. — An American father arrested in Japan for snatching his children from his ex-wife there had previously urged a Tennessee judge to keep them from leaving the United States after his ex-wife expressed concern about the two children losing their Japanese identity. European, Asian stock markets mostly down on weak data, despite IMF growth forecast upgradeLONDON — World stocks were mostly lower and Wall Street was expected to slide on the open Thursday as weak economic data overshadowed higher growth forecasts from the International Monetary Fund. Asian stock markets slip while European shares advance as IMF upgrades US outlookHONG KONG — Asian markets were mostly lower Thursday after Wall Street fell and a Japanese survey showed manufacturers still think they have too many workers. European shares edged up after the IMF raised its world growth forecasts. Citigroup completes sale of Japanese brokerage in $8.7 billion dealTOKYO — Citigroup Inc. has completed the sale of its Japanese brokerage to Sumitomo Mitsui Banking Corp. in a $8.7 billion deal that advances the U.S. bank’s efforts to restructure after big losses on risky investments. Business confidence in Japan up for second quarter, though weakness persistsTOKYO — Japanese companies are feeling more confident about business for the second straight quarter. They just don’t want to build new factories or hire more workers yet. Honda president bemoans weak dollar ‘danger zone’, revving up hybrids for growthTOKYO — Honda’s chief executive said Thursday the dollar’s recent plunge was sending the automaker into a “danger zone,” threatening efforts to keep Japan’s manufacturing strong. Father’s arrest for trying to snatch kids in Japan highlights country’s preference to mothersFRANKLIN, Tenn. — The case of an American father arrested in Japan for snatching his children underscores long-standing disputes over Japan’s traditional favoritism toward mothers in custody battles. IMF raises 2010 global growth forecast to 3.1 percent but warns that recovery will be slowISTANBUL — The International Monetary Fund said the global economy is recovering faster than expected — but that governments should not be hasty in withdrawing the added spending and low interest rates that have helped restore growth. Asian stock markets slip on weak US manufacturing data; Nikkei down nearly 2 percentHONG KONG — Asian stocks fell Thursday after a weak economic reading in the U.S. weighed on Wall Street and as a Japanese survey showed manufacturers still think they have too many workers. Asian stock markets slip after tankan, weak US manufacturing data; Nikkei down nearly 2 pctHONG KONG — Asian stocks fell Thursday after a weak economic reading in the U.S. weighed on Wall Street and as a Japanese survey showed manufacturers still think they have too many workers. American father arrested for trying to snatch kids in Japan had sought help from court in USFRANKLIN, Tenn. — An American father arrested in Japan for snatching his children had tried for a year to persuade a judge in Tennessee that his ex-wife was likely to flee the U.S. with them, divorce records said. American arrested in Japan for taking his kids from ex-wife as int’l custody battles intensifyTOKYO — An American father was arrested in Japan after snatching his children from his ex-wife, who had taken the kids to her native country without telling him. World stocks fall as weak US economic data undermines recovery hopes; strong yen hits TokyoSEOUL, South Korea — World stocks sank Monday after disappointing data from the U.S. undermined hopes of a fast economic recovery and a strong yen whacked Tokyo’s market. Japan issues tsunami warning for broad coastal area after Samoa earthquakeTOKYO — Japan’s Meteorological Agency has issued a tsunami warning all along its eastern coast after a strong earthquake hit Samoa in the Pacific Ocean. Asian stocks rebound on yen fall, big takeover deals in US; Europe opens lowerTOKYO — Asian stocks bounced back Tuesday as big corporate takeovers in the U.S. gave investors a new shot of confidence and the yen retreated from a nine-month high against the dollar. Small tsunami reach Japan after Samoa earthquakeTOKYO — Small tsunami waves caused by a powerful earthquake that hit Samoa in the Pacific Ocean reached Japan on Wednesday, officials said. Japan’s transport minister says Japan Airlines won’t be forced into bankruptcyTOKYO — Japan’s transport minister said Sunday he will not force the struggling Japan Airlines, Asia’s biggest airline, into bankruptcy. Japan core consumer price index falls by record 2.4 percent in AugustTOKYO — The government says prices in Japan tumbled at a record pace in August amid growing worries about jobs and wages. World stocks retreat as US economic data undermines recovery hopes; G-20 pledges fail to helpLONDON — World stocks fell Monday after disappointing data from the U.S. undermined hopes of a fast economic recovery and a sharp strengthening in Asian currencies hurt confidence among the region’s exporters. Asian stocks fall on weak US data, strengthening Japanese yenSEOUL, South Korea — Asian stock markets sank Monday as the yen surged to a nine-month high and disappointing data from the United States undermined hopes of a fast economic recovery. NKorea’s state media says Chinese Premier Wen to visit NKorea next weekSEOUL, South Korea — Chinese Premier Wen Jiabao will travel to North Korea next week, Pyongyang’s state media said Monday, amid a flurry of international efforts to convince the reclusive regime to return to stalled nuclear disarmament talks. Police say American arrested in Japan for allegedly kidnapping his own childrenTOKYO — An American father on a mission to reclaim his young children in Japan was arrested over their alleged abduction while they were walking to school with his ex-wife, officials said Wednesday. US says its climate bill unlikely to pass before global conference on cutting greenhouse gasesBANGKOK — The fate of U.S. legislation capping carbon emissions weighed heavily on delegates at U.N. climate talks starting Monday in Bangkok, with the Americans saying delays in passing the bill could deter commitments from other nations. The race to host the 2016 Olympics to come down to close finish at IOC vote in CopenhagenLONDON — Close your eyes and imagine the possible scenarios in 2016. SKorea president says world must stand firm on NKorea, despite North’s softening tonePITTSBURGH — South Korean President Lee Myung-bak said Friday the world must take a strong stand against North Korea’s nuclear ambitions, despite recent conciliatory gestures from Pyongyang. |
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World markets slide ahead of key US jobs report
