Overview: US recession worries hit Asia and Europe
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European and Asian stock markets saw further heavy falls on Monday as worries about a US recession continued to erode investor confidence.
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Asian and European stock markets plunged Monday following declines on Wall Street last week amid investor pessimism over the US government's stimulus plan to prevent a recession
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Fears of a US slowdown amid mortgage market woes prompt a share slump in Europe and Asia and jitters on Wall Street.
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Stock markets fell sharply across most of Asia again today and continued declining in Europe, as investors worried about the drop on Tuesday in American stock indices and a Commerce Department report.
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New problems in America and Europe, wrought by the faltering U.S. mortgage sector, jolted financial markets on Wednesday as investors looked for a rapid central bank response.
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Turbulence roiled world stock markets again Tuesday, with Asian stocks down for a second day on fears of recession in the US. European stocks fell at the opening but then pared their losses in voaltile trading.
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Asian shares are hit amid the growing belief that the US - the region's key export market - is sliding into recession.
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Asian and European shares take another hit from the credit crisis after big dips in New York.
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The latest economic data from South Korea and Singapore suggests the US slowdown is hitting East Asia.
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European and Asian markets fell again Monday, extending their slide into a second week as investors worried about a possible global slowdown and dumped stocks that had surged in recent weeks. U.S. stocks fell after trying to steady themselves.
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Asian and European stock markets fell sharply once more on Monday as investors worried about possible recession and a forthcoming interest rate call in the United States, analysts said.
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European equities struggled in the face of weakening global stock markets on Tuesday, as losses in Asia followed comments about a possible US recession from former Federal Reserve chairman Alan Greenspan.
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European and Asian stock markets plunged Monday following declines on Wall Street last week amid investor pessimism over the U.S. government's stimulus plan to prevent a recession.
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European equity markets were volatile on Wednesday in the face of deepening US recession fears, which dragged Wall Street and Asian indices sharply lower.
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Asian markets plunged Wednesday on growing speculation the U.S. economy Â a vital export market Â is sliding into a recession that could lead to a global slowdown.
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Shares in Asia fell on Monday, with Japan down around 2.5 percent and Hong Kong down more than 3 percent, as concerns over the health of the U.S. economy returned.
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European equities fell on Tuesday after losses in US and Asian stock markets, prompted by renewed fears of credit market weakness.