Europe's major stock markets are well into positive territory for a second consecutive day.
Frankfurt's DAX index was up by more than five percent in early trading. In London, the FTSE Germany delays rail flotation in stock turmoil ...
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Australia fears Asian arms race ... 100 and the CAC 40 in Paris have posted similar gains. They've been following a trend set by stocks in Asia and the United States. Tokyo's Nikkei index had its biggest ever one-day gain, closing trading up by 14 percent. In New York on Monday, the Dow Jones Industrial average closed up by 11 percent. The markets have been boosted by a series of government schemes designed to help the financial markets out of their worst crisis since the Great Depression of the 1930s. US President George W. Bush is to make a statement later in the day, in which he is expected to provide details about Washington's plan to take a stake in troubled banks.
(Deutsche Welle)
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