Continuing concerns over the depth and breadth of the economic meltdown rippled through world markets Friday, pushing U.S. stocks to extend deep losses and sending overseas markets tumbling.
Hanesbrands underwear company has closed 30 plants in North and South America, putting thousands out of work, while relocating its factories to Asian countries. Jeffrey Kaye of KCET-Los Angeles reports.
With car sales plummeting, giant automaker Toyota Motor Corp., posted its first operating loss in 71 years. Economic analysts examine what impact the company's massive losses will have on the global economy.
Asian and European stocks rose Monday on news of China's $586 billion stimulus plan that aims to restore investors' confidence and shore up markets over the next two years, while sending a message of resolve and financial stability to foreign…
Stock markets fell Wednesday on news of weak corporate earnings and continued fears of a global recession. Economic analysts and reporters discuss the market's fall and the worldwide impact of the financial crisis.
For centuries Turkey has been known as a bridge between the East and West due to its strategic location. Now the predominantly Muslim nation must find a balance between its 80 years of separation between religion and state and new…
President Bush began an eight-day trip to Asia Thursday to attend the annual Asia-Pacific Economic Cooperation summit in Vietnam. Analysts discuss the politics of free trade and the possible results of the trip.
By PBS NewsHour
Millions of commuters in India's financial capital Mumbai (formerly Bombay) returned to the train system Wednesday, a day after coordinated bombs killed at least 200 people and injured 700 others on trains and at stations around the city.
Landmines in northern Sri Lanka ripped through a crowded bus Thursday morning, killing 64 people, including 15 school children, and wounding 78.
By PBS NewsHour
The most powerful earthquake in 40 years struck deep beneath the Indian Ocean near the Indonesian island of Sumatra Sunday morning, triggering tsunamis that devastated villages and resorts, killing thousands and leaving hundreds missing.
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