Bad Paper

TOKYO (Reuters) – Asian share markets struggled to hold firmer ground on Tuesday but won some respite from recent losses, while the euro rose tentatively as investors took a break from selling it off over fiscal concerns in the euro zone.

TOKYO/DETROIT (Reuters) – Toyota Motor Corp said it is recalling nearly half a million of its flagship Prius and other hybrid cars for braking problems as it seeks to address criticism over the handling of its worst safety crisis.

NEW YORK (Reuters) – The Dow industrials closed below 10,000 for the first time since November on Monday as investors sold bank shares due to heightened concerns about the euro zone’s sovereign debt troubles.

TOKYO/DETROIT (Reuters) – Toyota Motor Corp was preparing a global recall of its new Prius model on Monday, further damaging its reputation for quality and reliability on the heels of two other massive recalls.

NEW YORK (Reuters) – The Dow industrials closed below 10,000 for the first time since November on Monday as investors sold bank shares due to heightened concerns about the euro zone’s sovereign debt troubles.

NEW YORK (Reuters) – CIT Group Inc said its new Chief Executive John Thain will get an annual base salary of $6 million, most of which is in stock, and a bonus of up to another $1.5 million, in a nod to compensation practices popularized by the Obama administration’s pay czar.

Data from the Chicago Mercantile Exchange show net short positions against the single currency rising from 39,500 contracts to 43,700 contracts, equivalent to $7.6bn

Global Markets Overview: Fears over the possible fall-out from the Greek debt crisis weigh, as worries over eurozone periphery curtail appetite for risk

The US launched a renewed push to rally support for sanctions against Iran after President Mahmoud Ahmadi-Nejad pledged to enrich uranium closer to the level needed for nuclear weapons

Xstrata fuelled renewed talk of a merger with Glencore, the privately held commodities trader, with the chief executive of the miner suggesting that a union could create value

NEW YORK (Reuters) – The Nasdaq turned negative in choppy trade on Monday, and the Dow and S&P 500 indexes extended losses, as caution about potential fallout from Europe’s sovereign debt problems weighed on sentiment.

Global Markets Overview: Fears over the possible fall-out from the Greek debt crisis weigh, as worries over eurozone periphery curtail appetite for risk

NEW YORK (Reuters) – Stocks opened lower on Monday on continued worries about euro zone sovereign debt, while Home Depot Inc helped limit losses after a brokerage upgrade.

TOKYO (Reuters) – Toyota Motor Corp is preparing a recall of its new Prius hybrid car in Japan as early as Tuesday, followed by similar steps in the United States, Europe and other markets, a source familiar with its plans said.

NEW YORK (Reuters) – U.S. stocks face more turbulence that could send indexes spiraling through key levels this week as doubts about the global recovery’s pace persist and fears linger over Europe’s sovereign debt woes.

addthis_url = ‘http%3A%2F%2Fobsoletecertainty.com%2Frecovery-debt-woes-to-hound%2F’;
addthis_title = ‘Recovery%2C+debt+woes+to+hound’;
addthis_pub [...]