Investor mood worsens on housing turmoil: UBS
4361
Investor confidence in the economy deteriorated in August to its lowest level in a year, as the growing housing turmoil compounded worries over high energy prices, a survey showed on Monday.
306657
European equities fell in early trade after UBS posted an additional $4 billion in write-downs.
64758
As UBS warned investors that it was vulnerable to further weakness in mortgages, Bear Stearns cut 300 more jobs, also in response to the credit turmoil that has swept Wall Street.
406673
Business & money: Heavy losses on stock market as investors worry that combination of rising interest rates and falling house prices will have damaging impact.
85729
German consumer sentiment was shaken this month by the turmoil on financial markets caused by the US subprime crisis, a poll showed on Wednesday, reflecting fears that the country&#39;s economic honeymoon may end.
326051
Licking their wounds after stiff losses, jittery investors will be looking for relief next week in the form of reassurance that the U.S. economy will keep growing at a moderate pace.
401385
The pound was sharply lower after the IMF released a negative report on the UK, denting sentiment yet further after the release of more gloomy news on the UK housing market.
28719
European stocks lost steam on Wednesday ahead of a US interest rate decision with banks and oil stocks leading the slide after Swiss investment banking giant UBS (NYSE:UBS) shocked investors with a $4bn writedown.
718285
Swiss bank UBSâs string of stinging financial disclosures is symptomatic of how the subprime drama has unfolded in Europe and is stoking fears of more shocks to come.
723003
CONCERNS for the housing market grew today as influential reports from three lending bodies revealed a slump in demand for mortgage borrowing.
653187
Fresh troubles in the subprime segment of the US housing market have ignited fears of contagion that could affect the financial sector and possibly the broader economy, analysts say.
352990
Investor confidence in the economy  deteriorated in August to its lowest level in a year, as the  growing housing turmoil compounded worries over high energy  prices, a survey showed on Monday.
263067
Wall Street turned mixed today as investors awaited speeches from Federal Reserve officials following a dismal employment report Friday.
732506
Although several of the nationâs biggest banks reported some of their best results ever this week, investors are worried about tougher times ahead.
65294
Concern over subprime mortgages extended the stock marketâs worst weekly decline since March.
634738
Stocks fell broadly and sharply after a report on mortgage defaults indicated that the troubled housing market will weaken further.
734139
Investors were cautious after a series of negative reports from companies that are considered barometers for the economy.