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Factories slash output and jobs around world (Tiscali)
BEIJING (Reuters) - Factories in China and India joined much of Europe in slashing output and jobs at a record pace in December, another sign the biggest emerging markets were wilting under the recession gripping industrialized nations.
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Stocks and dollar surge into 2009 (Reuters via Yahoo! UK & Ireland News)
Global stocks soared into the new year on Friday, with U.S. and European markets rallying as investors hoped aggressive government policies would steady a wobbly global economy.
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Stocks and dollar put best foot forward into 2009 (Reuters via Yahoo! UK & Ireland News)
World stock markets started the year on positive note on Friday, with U.S. and European markets racking up solid gains as investors hoped aggressive government policies would steady a wobbly global economy.
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Manufacturing outlook 'grim' (Daily Telegraph)
The manufacturing sector is trapped in the worst slump since the early 1990s economists warned.
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(AFX UK Focus) 2009-01-02 21:48 TOPWRAP 4-Factories slash output, New Year optimism in markets (Interactive Investor)
By Jason Subler and Claudia Parsons
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Factories slash output and jobs around world (Interactive Investor)
Fri 02 Jan, 2009 22:45
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(AFX UK Focus) 2009-01-02 21:32 GLOBAL MARKETS-Stocks, dollar surge into 2009 (Interactive Investor)
By Pedro Nicolaci da Costa
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Wall Street starts new year with strong rally (Reuters)
NEW YORK (Reuters) - U.S. stocks started the new year with a big jump on Friday as investors looked beyond yet another piece of grim economic data on hopes that a recovery is on the horizon after a disastrous 2008.
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(AFX UK Focus) 2009-01-02 12:38 TOPWRAP 2-Factories slash output, jobs around world (Interactive Investor)
By Jason Subler
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FTSE posts worst year EVER as share prices fall by a third (Daily Mail)
The stock market suffered its worst year in a quarter of a century in 2008 amid the unparalleled turmoil on the world's financial markets.
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