Recession fears stalk world markets
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World stocks dive as recession fears soar
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Oil dives below 60 dollars per barrel in New York
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Wall Street slides amid global rout
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p A trader works on the floor after the morning bell at the New York Stock Exchange. Global stock markets plunged Thursday as a jump in US jobless figures and fresh rounds of job cuts worldwide deepened fears of recession and sent investors fleeing for cover. /p
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Snapshots Previous | Back to Gallery | Next Economic indicators ... traders work the floor on the New York Stock Exchange. Stocks fell on April 20 due to inflation fears after a jump in consumer prices. Photo: AFP Previous
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p Kuwaiti traders follow the market' movement at the Stock Exchange in Kuwait City. /p
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p Traders work on the floor of the New York Stock Exchange (NYSE) on November 10, 2008 in New York City. US stocks plunged Wednesday as global markets were rattled by further signs of recession in Europe and a shift in the US financial bailout strategy. /p
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p A share prices board indicating sliding values in Tokyo on November 11. Britain and the European Union have called for strong joint action to hold off the recession which is threatening leading economies as more grim economic and corporate news continued to batter stock markets worldwide. /p
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World stocks tumble on recession fears
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p Chart showing performance of selected world stock markets at the close in Europe on Tuesday. Britain and the European Union have called for strong joint action to hold off the recession which is threatening leading economies as more grim economic and corporate news continued to batter stock markets worldwide. /p
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p Britain' Prime Minister Gordon Brown is seen at his monthly press conference inside 10 Downing Street, London. Britain and the EU called for strong joint action to hold off the recession threatening leading economies as more grim economic and corporate news battered world stock markets on Tuesday. /p
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Got news tips? Text to 0414 BTIMES or email Defamation fears ... the new book on Tom Cruise, pictured with wife Katie Holmes, won't be stocked here.Photo: Getty Images
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(photo: AP / Kin Cheung)
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p Brokers work on the floor during trading at Jakarta Stock Exchange on November 18, 2008. Automakers worldwide warned of more perils from the global economic meltdown as the latest US data on Wednesday added to growing fears of huge job losses and a long, painful recession ahead. /p
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p Stock traders negotiate in the iBovespa future index pit at the Mercantile and Futures Exchange (BM ), in Sao Paulo, Brazil, on November 18, 2008. Automakers worldwide warned of more perils from the global economic meltdown as the latest US data on Wednesday added to growing fears of huge job losses and a long, painful recession ahead. /p
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