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Asia stocks sink

HONG KONG (Reuters) - Asian stocks slumped on Thursday on signs of further deterioration in the U.S. economy, fresh record highs for oil prices and fears that stagflation will continue to damage company earnings and consumer spending.

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Asia stocks sink

Nikkei slides as carmakers and exporters sold

TOKYO (Reuters) - Japan’s Nikkei stock average slid 0.8 percent on Thursday, taking aim at an 11th straight day of losses — the longest losing streak since 1953 — as growing economic uncertainty clouded the picture for exporters such as Sony Corp Toyota Motor Corp and other carmakers slid after Merrill Lynch downgraded General Motors saying the automaker will need $15 billion (7.5 billion pounds) to shore up liquidity and sending the company’s shares tumbling, while trading houses also …

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Nikkei slides as carmakers and exporters sold

Oil hits record over $144 on U.S. inventory drop

NEW YORK (Reuters) - Oil prices shot to a record high over $144 a barrel on Wednesday after a drop in U.S. crude inventories stoked supply concerns.

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Oil hits record over $144 on U.S. inventory drop

FTSE down as miners and M&S fall

LONDON (Reuters) - The top share index shed 1 percent on Wednesday, extending the previous session’s sharp losses as miners fell on weaker coal prices and Marks & Spencer slumped after a profit warning, though drugmakers rose.

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FTSE down as miners and M&S fall

FTSE down as miners and M&S fall

LONDON (Reuters) - The top share index shed 1 percent on Wednesday, extending the previous session’s sharp losses as miners fell on weaker coal prices and Marks & Spencer slumped after a profit warning, though drugmakers rose.

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FTSE down as miners and M&S fall

FTSE down as miners and M&S fall

LONDON (Reuters) - The top share index shed 1 percent on Wednesday, extending the previous session’s sharp losses as miners fell on weaker coal prices and Marks & Spencer slumped after a profit warning, though drugmakers rose.

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FTSE down as miners and M&S fall

FTSE down as miners and M&S fall

LONDON (Reuters) - The top share index shed 1 percent on Wednesday, extending the previous session’s sharp losses as miners fell on weaker coal prices and Marks & Spencer slumped after a profit warning, though drugmakers rose.

…

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FTSE down as miners and M&S fall

FTSE down as miners and M&S fall

LONDON (Reuters) - The top share index shed 1 percent on Wednesday, extending the previous session’s sharp losses as miners fell on weaker coal prices and Marks & Spencer slumped after a profit warning, though drugmakers rose.

See the original post here:
FTSE down as miners and M&S fall

FTSE down as miners and M&S fall

LONDON (Reuters) - The top share index shed 1 percent on Wednesday, extending the previous session’s sharp losses as miners fell on weaker coal prices and Marks & Spencer slumped after a profit warning, though drugmakers rose.

See the original post:
FTSE down as miners and M&S fall

FTSE down as miners and M&S fall

LONDON (Reuters) - The top share index shed 1 percent on Wednesday, extending the previous session’s sharp losses as miners fell on weaker coal prices and Marks & Spencer slumped after a profit warning, though drugmakers rose.

Go here to see the original:
FTSE down as miners and M&S fall