*India opening a mine a month, to double coal output by 2020. *China, Indonesia, India burn 71 pct of world's newly dug coal. MAGADH, India, Oct 6- Deep in the thickly forested hills in its east, India last month started production at what it hopes will in five years be Asia's biggest coal mine.» Read More
Global stocks were mixed Wednesday after the previous day's big Citigroup-led rally, but worries over the banking sector reared their head when UBS said its loss for 2008 would be bigger than initially expected and warned that its earnings would be at risk for some time.
Global stocks were predominately higher Tuesday, led by banks, while the pound took a beating because of new data confirming the weakness on the British economy. But some experts told CNBC that, paradoxically, quantitative easing might be what turns the pound’s fate around.
Global stocks began the week in the red Monday, weighed down by autos and banks as concerns over the staying power of General Motors and US banks dragged Japan's Nikkei 225 Average to hit a 26-year low. Experts tell CNBC where the best places are to invest.
Hold you hats, Dr. Doom is forecasting a (small) boom!
Global stocks spent the last day of the week in the green but investors fretted that the US February jobs report would be worse than previously forecast. Economists polled by Reuters see 648,000 jobs lost in the US. As markets continue their volatile streak, experts tell CNBC how to invest.
Global stocks were back in the red on Thursday after China failed to announce further measures to its stimulus plan and ahead of the European Central Bank and Bank of England's interest-rate decisions.
Global stocks rebounded Wednesday from sharp lows hit earlier this week, as 19 months after the financial crisis broke globally, volatility still rules the markets. Experts give CNBC their various investment tips to ride out the crisis.
Asian stocks hit new lows Tuesday on renewed concerns over the global financial sector. European stocks managed to climb higher after Monday's major selloff. Experts tell CNBC where to invest during market volatility.
Safe haven plays like gold and the dollar were down again Tuesday, despite the fall in global stocks, as concerns grew about the financial system, scaring investors off. Experts expect the precious metal's rally to continue past the record $1,030.80 it hit last March.
Global stocks were mixed Wednesday, a day after US President Barack Obama signed off on the $787 stimulus bill. Experts on CNBC said that although defensives were hot property last year, they are too pricey this year.
Global stocks fell again Tuesday, with Japan's Nikkei index closing near a 4-month low and European markets trading at 2-week lows, as investors fled for safety from the deteriorating global economic conditions and volatile banks. Experts tell CNBC where to find good places to invest.
As global markets began another week in the red Monday, investors remain skittish and hesitant to fully get back into stocks. Experts tell CNBC where the investment opportunities are.
Friday the 13th proved lucky for global stocks as the spent the day in the green. Financials lead the gains on news of a US subsidy plan for mortgage payments. The improved mood among investors comes ahead of this weekend's G7 meeting of financial leaders.
The Chinese stock market is leaving its Western counterparts in the dust as it emerges from the ongoing bear market first, Puru Saxena, chief executive from Puru Saxena Wealth Management, told CNBC.
Global governments, like Japan, Sweden and possibly Russia, are stepping up aid to support ailing financial companies in order to re-instill economic growth.
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Sterling has taken a beating against many currencies recently, most notably versus the dollar, where it fell to a 23-year low of $1.35 last week.
As dominant global stock markets continued to decline Friday, are emerging markets better places for investors to put their money? Experts interviewed on CNBC believe so.
Global stocks bounced back from 7-week lows Thursday, following an overnight recovery in the US stock market on the back of strong earnings reports from Apple and IBM. Experts tell CNBC they see investment potential in the energy and tech sectors, as well as in various parts of Asia.
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