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Financial market News

Study Says Global Financial Market Losses Reach $50 Trillion

The global financial crisis slashed the value of financial assets worldwide by a massive $50 trillion last year, with developing Asia suffering more..

In the Media by Bob Ewing - 1 comment

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Could gold have a role in calming financial markets?

Can the precious metal calm financial markets?

Hollande talks tough on markets

French presidential candidate Francois Hollande says he intends to take a no-nonsense approach to financial markets and tackle speculation.

Watch: JP Morgan Chase's $2 Billion Loss

Bank's announcement of huge losses roils financial markets.

US financial strains 'have eased'

The US central bank made no change to interest rates at its regular meeting, saying financial market strains had eased.

JPMorgan $2B Loss Roils Markets

JP Morgan Chase & Co. is rocking the financial markets with the disclosure that its in-house trading operating lost $2 billion in the past six weeks, raising new questions about whether the big banks that caused the financial meltdown have sufficiently changed their ways.