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Fears of deep global slowdown hit Asia stocks (Reuters via Yahoo! News)
Asian stocks fell as much as 9 percent and oil prices dropped to a one-year low on Thursday after downbeat U.S. economic data spread fears of a more protracted and sharp global slowdown than initially expected.
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World stocks drop on recession fears (AP via Yahoo! News)
World stocks tumbled Wednesday after poor U.S. retail sales data provided fresh evidence that global efforts to restore confidence in the financial system will not be enough to stave off a deep recession.
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Toronto stocks take a big hit as commodities fall (Reuters via Yahoo! News)
The Toronto Stock Exchange's main index plunged again on Wednesday as resource stocks were pressured by falling commodity prices on concerns global economic weakness would cut demand.
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Stocks plunge anew as retail sales show steep drop (AP via Yahoo! News)
Despair over the economy sent Wall Street plunging again Wednesday, propelling the Dow Jones industrials down 733 points to their second-largest point loss ever. Stocks fell on a combination of disheartening economic data, including a big drop in retail sales and a Federal Reserve report that said tight credit conditions are hurting businesses across the country.
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Stocks extend losses after Fed's Beige Book (Reuters via Yahoo! News)
Stocks extended losses in afternoon trading on Wednesday, after the Federal Reserve said economic activity weakened across the United States in September as businesses rethought capital investments, and consumers curtailed spending.
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Stocks plunge anew as Fed reports further weakness (AP via Yahoo! News)
Wall Street is plunging again, with the Dow Jones industrials down more than 500 points as investors agonize over the faltering economy. Stocks are down on a combination of disheartening economic data, including a big drop in retail sales and a Federal Reserve report that says tight credit conditions are hurting businesses across the country.
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U.S. newspaper stocks dive, analyst cuts estimates (Reuters via Yahoo! News)
U.S. newspaper stocks dove on Wednesday after an influential Goldman Sachs analyst cut his revenue forecasts for the business, saying it may take five years for online revenue to offset plunging print revenue.
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Japan Stocks Dive on U.S. Retail Sales; Sony, JFE Holdings Fall (Bloomberg)
Oct. 16 (Bloomberg) -- Japanese stocks plunged as a drop in U.S. retail sales pointed to a deepening recession and Prime Minister Taro Aso reinforced concern a bank bailout will fail to stem a rout in global markets.
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China's Stocks Drop to 22-Month Low; Air China, Citic Decline (Bloomberg)
Oct. 16 (Bloomberg) -- China's stocks fell, with the benchmark index set for a 22-month low, as concern deepened that the global economy is headed for a recession after U.S. retail sales fell.
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Japan Debt Little Changed as Recession Concerns Weigh on Stocks (Bloomberg)
Oct. 16 (Bloomberg) -- Japan's bonds were little changed after recession concerns set off the worst slump U.S. stocks since the crash of 1987, spurring investors to seek the relative safety of government debt.
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