Asia-Pacific Bond Risk Rises to Record on G-7's Loss Prediction (Bloomberg.com)
Feb. 11 (Bloomberg) — The risk of companies and governments in the Asia-Pacific region defaulting on their debt increased to a record after the Group of Seven said U.S. subprime-linked losses at banks will total $400 billion.
Stocks in Europe, Asia, U.S. Futures Drop; UBS, SocGen Fall (Bloomberg.com)
Feb. 11 (Bloomberg) — Stocks declined in Europe and Asia and U.S. index futures fell, on speculation profit growth will slow after Group of Seven officials said financial-market turmoil will hurt the economy.
Stocks Decline in Europe, Asia, U.S. Futures Drop; UBS Falls (Bloomberg.com)
Feb. 11 (Bloomberg) — Stocks fell in Europe and Asia after Group of Seven officials said further financial-market turmoil will hurt economic growth. U.S. index futures retreated.