European shares fell sharply on Wednesday and looked poised for further jitters amid signs Spain's economic and banking crisis was deepening and on renewed concerns Greece may fall out of the euro zone.
Spain's Ibex 35 index fell 2.6 percent to fresh 9-year low as investors worried that soaring borrowing costs may force the country, engaged in an expensive recapitalisation of its banking sector, to seek an international bailout. .
The European Commission offered Madrid more time to reduce its budget deficit and direct aid to recapitalise distressed banks, two measures that had so far been opposed by Europe's paymaster, Germany.
Gold price is still not stabilized in India like everywhere else. After going down, the g
Gold price opens lower in Hong Kong
The gold price in Hong Kong went down 180 HK dollars to open at 12,720 HK dollars per tael on Thursday, according to the Chinese Gold and Silver Exchange Society.
The price is equivalent
Market Cap Indices Turn Red at Qatar Exchange
The QE index spending almost the entire session below the break even line witnessed a bearish trend on Thursday 23rd May 2013. The index dropping 37.28 points or 0.41 percent reached at 9,048.62 leve
Small Cap and Large Cap Push ADX Index Lower
The ADX General Index sustained its downward march and finished the session with a decline of 1.23 percent on Thursday 23rd May 2013 . The index dropped 43.02 points, closing at 3,460.36.
M
WEF to focus on challenges
Leaders from the Middle East and North Africa in business, economics and politics will focus on the aftermath of the Arab Spring as they gather for the World Economic Forum in Jordan this weekend.