Financial

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Financial

Asian Shares Tank on Economic Worries

Mounting concerns about the global economic landscape sent Asian shares on a nosedive Tuesday, mirroring a negative trend on Wall Street.

Wall Street traders sent retail stocks reeling in morning trading.

Cheap Oil, Global Economic Concerns Weaken Dow, Retail Stocks Sink

The S&P Retailing Industry Index fared worse, and staggered to the finish with a 2.3 percent drop to 1,067.

A trader on the floor of the New York Stock Exchange.

Bank, Oil Fears Tear Down U.S. Stocks

Worries over European banks and oil companies sent stocks diving on Monday.

Asian Clients Lift Longchamp to Record Sales

The French accessories specialist saw revenues climb 14 percent to 566 million euros, or $628.5 million.

Traders at the New York Stock Exchange.

European Bank Worry Pulls Down U.S. Stocks

European banks tumbled overseas dragging down stocks in the U.S. market.

European Stock Markets Fall in Midmorning Trading

Retail and luxury stocks mostly lose ground.

Tokyo Shares Gain

Japanese stocks fared relatively well on Monday, while many of Asia’s other markets were closed for the holiday.

King of Prussia mall Simon Simon Malls PA

January Retail Traffic Falls, But Transaction Values Stayed in the Green

Average transaction values (ATVs) eked out a 0.1 percent gain for the month.

A trader on the floor of the New York Stock Exchange.

Retail Stocks Suffer Steep Declines on Profit Reports

LinkedIn disappointed investors causing the stock to sell down dramatically, pulling the broader market down with it.