AP – Asian stock markets fell Monday as investors grew increasingly convinced that Greece would default on its debts, an event that economists say has the potential to spark a global downturn.
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AP – Asian stocks slumped early Monday amid a muddled U.S. economic picture and fears that Europe will not be able to come up with a plan to prevent Greece from defaulting on its debts.
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AP – Stocks are closing higher for the third day in a row after European leaders renewed pledges to help Greece avoid defaulting on its debts.
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AP – A promise from Italy to fast-track austerity measures nudged stock indexes slightly higher Tuesday. Investors are still worried that Italy might become the next European country to need help managing its debts.
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AP – Global stocks were steady Wednesday ahead of a raft of U.S. economic figures which will culminate in the key monthly jobs data at the end of the week, while the euro held on to recent gains on hopes Greece will get more help with its debts.
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AP – New hopes that a deal would prevent Greece from defaulting on its debts led the stock market to end a down month on an up note.
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AP – European stocks rose Tuesday on hopes that a new aid deal for Greece would keep the country from defaulting on its debts, and as falling unemployment in Germany underlined the strength of the eurozone’s largest economy.
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Read More »AP – EUROPE’S DEBTS: European finance ministers approved $110 billion in rescue loans to Portugal on Monday, but have yet to decide on a second rescue package for Greece. The arrest of the head of the IMF is expected to make solving Greece’s problems more difficult.
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