Thursday, November 8, 2012

Asian Stocks Market Retreat on Heels of Wall Street’s Tumble, France and Belgium Pump €5.5 bn into Dexia

Respons Eurozone's economic outlook, US futures and European stocks stabilise, Asian markets retreat on heels of Wall Street's tumble, with mood further darkened by fresh concerns about Europe's outlook

FTSE stocks update, Defensives drive cautious FTSE rebound, Aviva neared the top of the London benchmark index as it made its way back to more than 5,800 points, but an air of caution lingers

Pension fund news, Cult of equity killed off by pension funds, Managers have been slowly switching back to bonds to beat volatility of stock markets and receive guaranteed income to meet payments

One of top 10 stocks in US, Apple shares down 20 per cent from peak, Investor sentiment around the technology company has changed since the launch of the iPhone 5 as the group's stock closes at a five-month low

Meanwhile, France and Belgium pump €5.5bn into Dexia, France and Belgium inject another €5.5bn into lender after it reports losses of €2.4bn due to the sale of several parts of its operations

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