Reuters - China's main stock index tumbled 7.73 percent on Tuesday, its biggest drop since June last year, after the central bank announced a harsher-than-expected tightening of monetary policy to fight inflation.

AFP - Asian stocks fell sharply Tuesday, with Shanghai suffering its worst slump in a year on worries that soaring oil prices will stoke inflation and force central banks to tighten credit.

AP - Asian stock markets fell Monday, tracking Wall Street's losses amid alarm over soaring oil prices and sluggishness in the U.S. economy.

AFP - European markets held steady on Monday despite a slump in Asia, after a breathtaking surge in oil prices and shock jump in US unemployment sent Wall Street spinning and fanned fears of a US recession.

AFP - Leading shares closed lower Monday as banking stocks extended their losses after worrying news from Lehman Brothers, while a rally on Wall Street wasn't enough to push the FTSE 100 into positive territory.

Reuters - The Dow briefly turned negative on Monday as shares of financial services companies, including JPMorgan Chase & Co , extended losses amid concerns about further fallout from the credit crisis.

AP - Wall Street traded mostly lower Monday on top of last week's hefty losses, with investors doubtful that a pullback in oil prices from record levels would last.

AP - That economic rebound in the second half of the year so many experts have predicted — including Federal Reserve Chairman Ben Bernanke himself — is starting to look dicey.

AP - Wall Street tumbled Friday, taking the Dow Jones industrials down nearly 400 points, on a pair of alarming economic developments: oil prices that shot up by more than $11 a barrel and approached $140 for the first time, and the biggest gain in the government's unemployment reading in more than 20 years.

Reuters - Stocks plunged on Friday, marking the Dow's worst day in 15 months, after the government said the May unemployment rate jumped the most in 22 years and oil prices shot to another record, renewing fears that the U.S. economy faces 1970s-style stagflation.

AFP - Europe's main stock markets rallied Friday as energy companies garnered support from surging crude oil prices which boost their profits, analysts said.

AFP - Leading shares closed sharply lower, near the session low, as Wall Street plunged after the government reported a larger-than-expected jump in unemployment and the price of oil shot higher.

Reuters - U.S. stocks slid on Friday on renewed fears the U.S. economy faces 1970s-style stagflation after government data showed the unemployment rate jumped the most in 22 years in May and the price of oil hit a record.

AP - Wall Street plunged Friday on two troubling economic developments: oil prices that surged more than $10 a barrel to a fresh record and a jump in unemployment that was much larger than the market anticipated. The Dow Jones industrial average fell more than 300 points.

Reuters - U.S. stocks rose the most in more than a month on Thursday after Wal-Mart and other retailers posted stronger-than-expected May sales and data showed a surprising fall in weekly jobless claims, spurring optimism about the economy's health.