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Policymakers facing mounting job losses prepared new measures to ease the pain on Monday.
Japan’s number three bank sought to beef up its capital on Wednesday, markets fretted over the stricken United States car industry.
Evidence of a weakening Chinese economy and poor data from Japan and UK reinforced fears on Tuesday of a prolonged recession.
China’s president said on Friday the economic outlook was grim and companies from Japan to France were punished.
Fresh write-offs at big European and Japanese banks on Wednesday drove investors’ attention firmly back onto the credit crunch after days gazing at Société Générale’s stunning…
United States President George Bush will outline reforms on Friday to help struggling subprime mortgage borrowers and his central bank chief will deliver a speech which will be…