Brokers go about their business at the Stock Exchange in Madrid, ...
Nov 15th, 2011
(AP) - Brokers go about their business at the Stock Exchange in Madrid, Tuesday Nov. 15, 2011 as Spain's borrowing costs shot up Tuesday in an auction of short-term debt. Investors are growing more wary of holding the country's debts amid fears that the eurozone's debt crisis is spreading but the government blamed Tuesday's bad numbers on financial jitters around Europe and ruled out a rescue for the eurozone's fourth largest economy. (AP Photo/Paul White) -
(Reuters) - Sony Corp is considering evaluating a proposal from top shareholder Third Point LLC to spin off part of its movie and music business, Japanese daily Nikkei reported. Sony's U.S. listed shares rose 9 percent on Tuesday on the New York Stock Exchange. Billionaire hedge fund investor Daniel Loeb last week called on the company to spin... [Full Article]
BANGKOK (AP) - Japanese stocks plummeted Thursday after a spike in government bond yields and unexpectedly weak Chinese manufacturing spooked investors sitting atop months of massive gains in share prices. The Nikkei 225 in Tokyo nosedived 7.3 percent to close at 14,483.98, its worst drop since the 2011 tsunami. (Source: Associated Press)... [Full Article]