Greenspan fears China market fall
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Chinese shares fall after Alan Greenspan said its stock markets were due for a "dramatic contraction".
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WASHINGTON - Stock markets in the United States dropped sharply Friday after Federal Reserve Board Chairman Alan Greenspan warned about the risks to the economy posed by continued high US trade deficits.
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While in Frankfurt, Germany yesterday, US Federal Reserve (Fed) Chairman Alan Greenspan warned that the US foreign trade deficit could negatively effect the country&#39;s economy.
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Federal Reserve Chairman Alan Greenspan on Friday said he was "deeply concerned" Congress would try to thwart efforts by the Financial Accounting Standards Board to require expensing of stock options.
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MELBOURNE (Dow Jones)--China&#39;s economy could be running into some serious turbulence, with the possibility of some associated panic in offshore equities markets for raw materials suppliers, Smith Barney, a unit of Citigroup Global Markets, warned Thursday
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Stock futures fell on Monday, with  investors showing some concern about another big drop in  Chinese stocks, but the resilience of other global equities may  limit the downward pressure.
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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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Wall Street stocks traded sharply lower Friday after Federal Reserve Chairman Alan Greenspan gave a warning over the nation&#39;s spiraling trade deficit.
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Federal Reserve Chairman Alan Greenspan yesterday urged the federal government to reduce its budget deficit and to encourage greater personal saving, warning that foreign investors will not
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Federal Reserve Chairman Alan  Greenspan on Friday said he was very worried Congress would try  to thwart efforts by the Financial Accounting Standards Board  to require expensing of stock options.
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Current financial turmoil is similar to that seen in earlier stock market crashes, former Federal Reserve boss Alan Greenspan warns.
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Stock futures fell on Monday after another sharp fall in Chinese stocks raised concern, but the resilience of other global equities and a steady stream of deal-making may limit losses.
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Federal Reserve Chairman Alan  Greenspan on Friday said he was "deeply concerned" Congress  would try to thwart efforts by the Financial Accounting  Standards Board to require expensing of stock options.
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Federal Reserve Chairman Alan Greenspan delivered a blunt warning Friday that foreign investors might get sick of subsidizing the nation&#39;s widening trade and budget deficits, remarks that caused US financial markets to tremble.
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Former Federal Reserve Chairman Alan Greenspan said his successors at the U.S. central bank should act cautiously in lowering interest rates because of inflation risks, according to an interview published on Sunday.
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Fear is still affecting world financial markets, former Federal Reserve Chairman Alan Greenspan said in an interview released on Sunday in which he also backed France's candidate to head the IMF.
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The value of the dollar fell sharply yesterday, as did the stock market, after the Chinese government signaled that it might slow its purchases of U.S. assets.