Stock Market News Page 6

China has barred access to the phrase "Shanghai Composite Index" on many of the nation’s most frequented microblogging sites. It occurred after the index fell by 64.89 points last Monday. The figures correspond to June 4 1989, or the date of the government crackdown on protesters at Tiananmen Square in Beijing. China sternly...

Stock markets have dropped after lower-than-expected employment data from the United States released on Friday sparked concerns over the global financial recovery. As Wall Street opened a little lower, Germany's Dax index fell by 1%. France's Cac 40 also started down prior to recovering during afternoon trading. Japan's Nikkei 225 finished...

Thomas Cook has witnessed its half-year losses rise sharply after some tumultuous six months, but is planning to take "decisive action" to fix its position. The travel group announced £713 million worth of pre-tax losses for the half year leading up to 31 March, a jump from last year’s £269 million loss. The firm has...

Amid reports that it will cut jobs to increase profits, Japanese chipmaker Renesas is seeing its shares drop to a record low. Newspaper reports and analysts say that Renesas will attempt to raise 100 billion yen (£828 millio; $1.3 billion), sell off some units and cut over 10,000 jobs. Renesas produces chips used in automobiles and is...

Shares trading of Spain's Bankia in Madrid has been suspended. Before a board meeting this afternoon, Bankia asked for its shares to be suspended in order to reformulate its 2011 accounts and write up a plan to support its finances. Bankia has now formally asked the Spanish government for a bailout package of 19 billionn euros ($24...

On Thursday, global stocks saw gains as the euro dropped on data suggesting that Europe's debt crisis was exacerbating a global economic slowdown, which added to investor woes about Greece's possible departure from the eurozone. It was a volatile session, as investors seeking for bargains first bought oil, gold, and equities, which were...

Stock markets have sharply dropped ahead of a European Union meeting, while concerns rise over Greece's potential exit from the euro. Shares dropped after a report cited ex Greek PM Lucas Papademos saying that Greece’s government might be preparing to leave the euro. Italian markets closed down by 3.7%, while Spanish markets dropped by...

Facebook's flotation has become more controversial amid reports of worries over the way advisers unveiled information to investors. While Facebook shares dropped another 9% last Tuesday, regulators said they may look over the disclosure process to find out if some investors were given favourable access. Regulatory body FINRA and the SEC...

Shares in Facebook finished below the price where they were floated, amid concerns that the newly-listed firm can truly live up to investor expectations. The shares first appeared on the Nasdaq exchange at $38 on Friday, but finished down by 11% on Monday. Some experts said that shares would have dropped on Friday if underwriters had not...

European markets experienced a jittery session last Friday as worries raged on over Spain and Greece. Spain's Ibex index was able to recover after losing over 2 percent early on, finishing the day a little higher. Investors transferred money into German bonds, seen as a low-risk move, while oil prices dropped, indicating global economic...