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Friday, March 14, 2008
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Sensex crashes by 771 points
Contagion effect of U.S. recession continues
Dow dives by 200 points
NEW YORK: Stocks tumbled on Thursday as investors recoiled following a further decline in the dollar, spikes in gold and oil prices and a warning that a Carlyle Group fund is near collapse. The major indexes each lost more than one per cent; ...
European, Asian markets sink
LONDON: European and Asian markets fell on Thursday after Wall Street’s retreat from its biggest rally in five years, with investors worried by the sliding dollar and ongoing troubles in the U.S. economy. In Europe, the ...
Euro, yen soar as dollar is pounded
FRANKFURT: Widespread concern over the outlook for the U.S. economy pushed the euro to a new record and the yen to 12-year highs against the U.S. dollar on Thursday, while gold and oil prices also surged. The euro pushed to an all-time ...
Lenovo Group launches consumer PC brand
Plans to open more stores to increase retail presence
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