Mexico stocks sink 3 pct on global economy woes
MEXICO CITY, June 22 (Reuters) - Mexican stocks sank on Monday as investors questioned the potential strength of a global economic recovery, hammering stock markets, commodity prices and emerging market assets around the world.
Mexico's IPC stock index .MXX lost 3.03 percent to 23,538, hit by losses at mobile phone operator America Movil (AMXL.MX: Quote, Profile, Research) and miners Grupo Mexico (GMEXICOB.MX: Quote, Profile, Research) and Penoles (PENOLES.MX: Quote, Profile, Research). (Reporting by Michael O'Boyle; Editing by James Dalgleish)
© Thomson Reuters 2009 All rights reserved
Dubai Debt Fears
Banks outside the Gulf played down their exposure to Dubai debt, after fears the emirate could default and even derail world economic recovery prompted a sell-off in global markets. Full Article | Slideshow
India Investment Summit 2009
Top executives and bankers discuss their own plans and the broader opportunities and challenges for India. Full Coverage
India
US
UK
