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FT.com - Financial Markets News Eastern Europe fears hit bank stocks Feb 17 2009 13:20 European shares fell for the fifth time in six sessions as banks with exposure to ailing central and eastern European economies came under heavy selling pressure Read more »
Eastern European outlook undermines euro Feb 17 2009 10:46 The euro dropped to a two-month low against the dollar on Tuesday on heightened concerns over eurozone banks' exposure to the worsening conditions in eastern Europe. Read more »
Banks drive Wall St to new low for year Feb 17 2009 15:20 A sharp banks-led retreat pushed US stocks to a fresh low for the year as concerns heightened that both the global economic and financial crises were deepening Read more »
Gold hits $970 amid strong Asian demand Feb 17 2009 15:11 Gold prices surged to a fresh seven month high, trading above $970 a troy ounce and hitting record highs denominated in euros and sterling, boosted by strong buying by Japanese and Chinese investors. Read more »
S Korea leads fall in Asian share markets Feb 17 2009 10:22 South Korean shares dropped 4.1 per cent to lead a broad retreat by stock markets across Asia Pacific as fears deepened about the effect of the global economic slowdown on the region, especially its finance companies Read more »
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