WORLD NEWS|APRIL 8, 2011
Europe's Rate Rise Signals End of Cheap-Money Era
By BRIAN BLACKSTONE and DAVID WESSEL
The European Central Bank on Thursday became the first monetary authority in a major developed economy to raise interest rates since the global financial crisis struck—a sign that the long period of extraordinarily easy credit is beginning to come to a close.
Showing posts with label World. Show all posts
Showing posts with label World. Show all posts
Friday, April 8, 2011
Monday, February 28, 2011
WSJ: High Oil Prices Rattle Asian Markets
ASIA MARKETS|FEBRUARY 28, 2011, 1:54 A.M. ET
High Oil Prices Rattle Asian Markets
By SHRI NAVARATNAM And GA-WOON PHILIP VAHN
SINGAPORE—Asian stock markets were mixed Monday as a surge in oil prices amid continued worries over the turmoil in the Middle East hit airline stocks and dampened sentiment.
The Seoul market lost ground on fears that an ongoing military drill could provoke fresh aggression from North Korea.
High Oil Prices Rattle Asian Markets
By SHRI NAVARATNAM And GA-WOON PHILIP VAHN
SINGAPORE—Asian stock markets were mixed Monday as a surge in oil prices amid continued worries over the turmoil in the Middle East hit airline stocks and dampened sentiment.
The Seoul market lost ground on fears that an ongoing military drill could provoke fresh aggression from North Korea.
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