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'US slowdown to decline world economy growth' (Business Standard India)
The global economy is expected to sharply decelerate to 1.5 per cent next year from 2.9 per cent in the current year due to the worsening downturn caused largely by the financial crisis in the United States, the United Nations agency for trade and development said on Wednesday.
Overview: Concerns over global economy hurts markets (Financial Times)
Financial markets suffered a day of extreme turmoil amid mounting concerns about the prospects for the global economy and the health of the financial sector.
Growing economy to boost Indias banking system: RBI (Express India)
Raising the issue of capital convertibility, the RBI, in its report on currency and finance 2006-08, has said that as the economy gets increasingly integrated with the global economy, the Indian banking system would also get progressively integrated with the rest of the world.
Global econ fears send Asian stocks to 2-year lows (Reuters via Yahoo! News)
Asian shares fell to new two-year lows on Thursday as further signs of a slowing global economy -- from the United States to the euro zone -- hit export-dependent sectors such as technology.
S Korea in global bond sale (Financial Times)
South Korea will launch a global roadshow next week for the sale of sovereign bonds worth $1bn in a test of investor confidence in Asia?s fourth-largest economy.
(AFX UK Focus) 2008-09-05 01:30 Australia stocks tumble on economy worries (Interactive Investor)
SYDNEY, Sept 5 (Reuters) - Australian shares fell 2.5 percent on Friday as weak economic data in the United States raised worries about the health of the global economy, while falling commodities prices pulled down index heavyweight BHP Billiton Ltd .
HK shares to fall on US data, global economy fears (Reuters via Yahoo! Singapore News)
HONG KONG, Sept 5 (Reuters) - Hong Kong shares are expected to fall on Friday, with the main index seen below support at 20,000 points, after worse-than-expected U.S. jobless claims data dampened confidence in a global economic revival.
Small caps sink as investors fret about economy (SmallCapInvestor.com via Yahoo! Finance)
Small-cap stocks went into freefall mode through midday trading as investors fretted about the state of the U.S. economy and even the global picture ahead of Friday?s key employment report.
(AFX UK Focus) 2008-09-05 03:14 Yosano: Japan recovery depends on global economy (Interactive Investor)
TOKYO, Sept 5 (Reuters) - Japan's Economy Minister Kaoru Yosano said on Friday Japan's economy will only recover once overseas economic conditions improve.
Global economy contracts for third month-JP Morgan (Reuters via Yahoo! Malaysia News)
LONDON, Sept 4 (Reuters) - The global economy contracted for the third consecutive month in August, and while the pace of contraction was slower than July, the outlook remained gloomy, a survey showed on Thursday.