Asian Stocks Rise for Third Day as Greece Votes for Austerity

Asian stocks rose, with the regional benchmark index headed for its highest close in a month, as concern about a banking crisis eased after Greece passed austerity measures and German financial institutions pushed toward an agreement to roll over Greek debt holdings.

See Full Article

Source: BusinessWeek

U.S. stocks sink on debt fears; gold, dollar gain
SAN FRANCISCO (MarketWatch) -- U.S. stocks closed with broad losses Monday as investors transferred holdings into safe-havens such as the dollar and gold on concerns over U.S. debt levels and European...
US close: Stocks fight back
LONDON (SHARECAST) - Stocks finished in positive territory heading into the weekend, winning back some of the losses incurred earlier in the week. The Dow Jones closed up 42 at 12,479, the S&P 500 finished...
Italy backs £42bn austerity bill as minister admits that 'like Titanic' not even rich will be spare
The package was being rushed through to stop growing fears that Italy - the third largest Eurozone economy - was sliding into the same financial abyss as Greece.
Arab stocks suffer from Greek and Italian debt debacle
AMMAN: Arab stock markets lost ground last week as investors came under negative impact from global recovery worries, Europe's debt ordeal and the persistent political turmoil in the Middle East, financial...
US stocks dip on debt worries
US stocks fell on Thursday as the market worried about a possible US debt default if Congress fails to act soon to raise the borrowing limit. The Dow Jones Industrial Average dropped 54.49 points (0.44...
U.S. Stocks Pare Advance on Concern Debt-Ceiling Deal Will Fail
U.S. stocks pared gains, almost erasing a 164-point rally in the Dow Jones Industrial Average, after the Associated Press reported that House Speaker John Boehner said it’s a “crapshoot” whether...
Avoid China Banking Stocks Over Short Term
July 14 (Bloomberg) -- Louis Wong, a director at Phillip Securities HK Ltd., talks about China's banking industry and the debt levels of the country's municipal governments.