Global stocks fell, the euro hit a two-year low against the dollar and oil slumped more than 3 per cent on Friday after disappointing U.S. jobs growth reinforced worries the American economy was mired

The U.S. Federal Reserve on Wednesday delivered another round of monetary stimulus and said it was ready to do even more to help an increasingly fragile U.S. economic recovery.

The central bank expan

Brent crude oil hit an 18-month low of $91 per barrel on Thursday as the outlook for economic growth darkened, pointing to lower-than-expected energy consumption worldwide.

China's factory sector shr

A sharp rally in gold at the end of last week prompted a wave of scrap selling in India and elsewhere in Asia as market participants took advantage of higher prices, while fresh buying was sluggish on

Europe's debt crisis has frayed nerves around the world for months. Now signs of weakness in the U.S. jobs market and in Chinese factory output give policymakers even more reason to be afraid.

A dark

Several Federal Reserve policymakers last month thought the U.S. central bank might need to do more to support the economy if the recovery stumbles, but there was almost no support for extending its '

Federal Reserve chairman Ben Bernanke on Wednesday said U.S. monetary policy was 'more or less in the right place' even though the central bank would not hesitate to launch another round of bond purch

Asian markets rose Thursday following a cautiously upbeat assessment of the US economy by the Federal Reserve and comments from its chairman that he would provide more support if necessary.

Foreign e

The U.S. economy is in a better position to deal with high gasoline prices, Treasury Secretary Timothy Geithner said on Sunday, adding that unseasonably warm winter had lowered overall energy costs fo

Asian shares fell on Monday as a sharp slowdown in U.S. jobs growth raised concerns about the strength of the world's largest economy, prompting investors to curb risk exposure ahead of more U.S. data