UBS, data weigh on world stocks (Reuters)
Posted by admin on April 16, 2009 under News | 
Be the First to Comment
UBS, data weigh on world stocks (Reuters)
Reuters – World stocks were steady to weaker on Wednesday, trading off the previous session’s 3-month high, while government bonds firmed as news of job cuts at Swiss bank UBS and weak data fanned economic concerns. UBS warned of a first-quarter loss of nearly 2 billion Swiss francs and said it would cut a further 8,700 jobs, weighing on other banking shares.
Add A Comment