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World stocks steady above 11-mth lows

Last Updated: Monday, August 22, 2011, 18:50

World stocks held above a recent 11-month low on Monday while oil prices slipped as investors concerned about a global economic downturn stayed away from buying risky assets.

Some $4 trillion wiped off world stocks in 2 weeks

Last Updated: Thursday, August 11, 2011, 19:37

Some USD 4 trillion has been wiped off the value of world stocks this month on concerns the euro zone debt crisis is spreading to Italy and Spain and hurting Europe's banking system, and the global economy is falling into recession.