LONDON (Reuters) - World stocks and oil fell on Wednesday while government bonds and the yen gained as U.S. automakers begged for a bailout from Washington, adding to evidence that the credit crisis is crippling the real economy.
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LONDON (Reuters) - China has told police to ensure stability as its economy slows, Japan’s No.3 bank sought to beef up its depleted capital on Wednesday and markets fretted about the stricken U.S. car industry.
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LOS ANGELES (Reuters) - Thousands of Southern Californians returned home to find their houses burned to the ground, or miraculously intact on Monday, after a wind-whipped weekend firestorm swept through bone-dry canyons and hillsides.
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LONDON (Reuters) - Japan became the latest major economy to fall into recession Monday with France close behind, and the IMF said it needed at least $100 billion to fight the billowing economic crisis enveloping the world.
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