Europe's major stock markets are well into positive territory for a second consecutive day.
Frankfurt's DAX index is up by more than five percent. In London, the FTSE 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, which had been closed on Monday, 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 Nikkei follows easing of Wall St blues ...
European stock markets slip back into the red ...
Deutsche Bank to buy 30 percent of Postbank ...
China and UK issue joint stamps to mark Olympics handover ...
European Economic Confidence Posts Biggest Fall Since 9/11 ... 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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