Global Economy, Stock Market | featured news

China's campaign to cut a huge backlog of initial public offerings has failed to deliver. Now there are signs that the authorities could be preparing to reopen the IPO floodgates.

Gold headed for its biggest two-day drop in 30 years on Monday as funds accelerated their exits from the market, and investors also cut exposure to oil, copper and grain after underwhelming Chinese growth data.

Japan's stock market is experiencing a rally unmatched since bulls ruled in the 1980s, as a weak yen and expectations of much bolder steps by the central bank draws investors into the long-dormant market.

A weaker forecast of economic growth in Asia is sending stocks lower in early trading on Wall Street. The Dow Jones industrial average is down 47 points at 13,563 shortly after the opening bell Monday morning. The Standard & Poor's 500 index fell seven points to 1,454 and the Nasdaq composite gave up 22 points to 3,113.

Stocks are opening lower on Wall Street after some gloomy economic data from Europe. Just after the opening bell, the Dow Jones industrial average is down 53 points at 13,526. The Standard & Poor's 500 index is down seven at 1,453, and the Nasdaq composite index is off 28 at 3,152.

Stocks closed Friday higher even as a raft of weak data from China signaled a slowing global economy.

Stocks are opening lower on Wall Street, deflated by signs that the global economic meltdown is being felt across Asia... China reported sharply lower growth in its exports. The so-called fiscal cliff, when U.S. government spending cuts and higher taxes kick in on Jan. 1, looms larger now that the distraction of earnings season is over.

World stock markets rebounded Friday on anticipation that central banks will act to keep any political instability in Greece following weekend elections from destabilizing the global economy.

Concerns over a slowdown in the world's biggest economies hit world markets on Friday, with weak indicators out of China and Europe's financial turmoil unsettling investors ahead of a crucial U.S. jobs report.

Investors nervous about the changing political winds in Europe initially drove down the euro and sent stock markets falling across the region Monday morning, though markets were bouncing back later in the day following renewed signs of strength in the German economy.