European stocks head for a fourth straight weekly drop

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Source: Bloomberg news
European stock markets traded firmly in red for a second straight day, with the benchmark gauge approaching its biggest monthly plunge in one month tracking losses in American and Asian stock markets. The Stoxx Europe 600 slumped 0.9% to 330.57 points by 8:28 a.m. in London to post a weekly decline of 2.5%.
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Fri, 11 Apr 2014 09:05:07 GMT

Asian shares drop as Topix has worst week since June

Asia's regional benchmark shares index slid from the highest level in approximately three months on a renewed technology stocks selloff and as Yen's appreciation pushed Japan's Topix index lower. The MSCI Asia Pacific Index retreated 1.1% to 137.72 at 2:10 p.m. Hong Kong time, while Japan's Topix slipped 1.3% to the lowest level in seven months.

Fri, 11 Apr 2014 08:43:05 GMT

MICEX keeps falling as U.S. warns Russia on more sanctions

The Russian benchmark MICEX Index fell as much as 1% at 10:27 a.m. in Moscow, as the U.S. threatened Putin to impose more sanctions over Russia's invasion in Ukraine. The benchmark gauge has lost 10% so far this year. Today the standoff between U.S., European Union and Russia will be discussed in the G20's spring meeting.

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