Tumbling markets spook economic forum
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Avalanching global markets were expected to come crashing onto the agenda in the Swiss ski resort of Davos this week as world leaders and big business names gathered for the annual meeting of the World Economic Forum.
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Anyone hoping for an answer to when the weak dollar or the size of U.S. deficits will stabilize is likely to be disappointed at this year's World Economic Forum.
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Subprime jitters grab market in the absence of other economic data.
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US stock markets tumbled heavily in the week to Friday, giving Wall Street a fresh battering, despite Congress granting a green light to a giant economic stimulus package sought by the White House.
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Economic turmoil overshadows the annual meeting of the world's movers and shakers in Davos.
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The obscure market for insurance securities will be put to the test as a looming economic downturn strains companiesâ finances.
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Investors, frightened by the prospect of a new subprime mortgage crisis that could dwarf the write-downs of the last few months, sent markets lower.
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Europe&#39;s main stock markets fell Thursday, with global investors rattled after former US Federal Reserve chairman Alan Greenspan warned of a possible &quot;dramatic contraction&quot; in Chinese share prices.
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Stocks tumbled on Thursday as data showing a plunge in regional factory activity and news of a hefty loss by brokerage Merrill Lynch fanned worries about the economy.
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The relentlessly sinking dollar is Topic A at the World Economic Forum, and anyone hoping for an answer to when it will stop dropping is likely to be disappointed.
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Share prices in Tokyo and Hong Kong fall more than 2% as  anxiety continues over world economic prospects.
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China's plunge and Greenspan's gloomy words spooked investors. But views on the economy's future are divided
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The worst housing slump in 16 years and upheaval in financial markets have cast a shadow on the economy, leading lawmakers to question federal regulators about the path ahead for anxious consumers.
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Markets in London, Paris and Frankfurt plunge on fears that China's stellar growth could slow.
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As world leaders gather for the World Economic Forum in Switzerland, economic turmoil is on top of their agenda.
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Stocks got battered on Tuesday after the minutes from the last Federal Reserve policy meeting failed to reassure investors worried about weak housing, consumer confidence reports and ongoing credit and mortgage market woes.
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HONG KONG/SINGAPORE  - Asian financial markets were roiled on Wednesday by the widening damage caused by the U.S. subprime mortgage sector meltdown, with investors fearing more negative surprises will emerge in the region.