Bank of Japan sees global damage if U.S. debt ceiling is not raised

MATSUE: Global stocks could plunge and long-term interest rates rise, dealing a severe blow to the global economy, if U.S. politicians do not reach a deal to raise their debt ceiling by mid-month, Bank of Japan Deputy Governor Hiroshi Nakaso said on Wednesday.

Stocks, Commodities Advance on Europe Outlook, U.S. Retail Sales

Nov. 28 (Bloomberg) -- Global stocks rose for the first time in 11 days and commodities and the euro advanced as European leaders drafted a framework for the region’s bail-out fund and America’s Thanksgiving retail sales jumped to a record. Treasuries declined.

Stocks flat, euro slips on economic worries

NEW YORK: Global stocks were little changed and the euro fell on Thursday as worries over worsening economic conditions in Europe and the United States clamped down appetite for riskier investments.

Nervous investors piled back into gold, German and US government bonds and other assets perceived as safe havens.