World stock markets dropped Thursday as mostly positive economic news in the U.S. failed to inspire investors and the dollar tumbled to its lowest point against the Japanese yen in more than 14 years.

Japan's finance minister raised the prospect of a Group of Seven joint statement on currencies to cool the yen's rally as the dollar tumbled to a 14-year low against the yen on Friday.

Mumbai The Bombay Stock Exchange benchmark Sensex on Thursday sharply declined by 344 points on heavy selling by funds on expiry of current month contracts in the derivatives segment amid weak global cues.

Dubai struggles to ease default fears Rising high among the towers in Business Bay, Burj Dubai, the world tallest tower, which is still under construction, is scheduled to be open in Jan., 2010 in Dubai.

London Stock Exchange said technical problems mean all FTSE 100 and "order-driven" shares have been placed in an auction period, meaning trades won't be executed.

Debt problems in Dubai hit global stocks, helped lift bonds and took the dollar away from a 14-year low against the yen on Thursday.

Markets are usually relatively quiet when Wall Street is closed for a holiday, as it is Thursday for Thanksgiving Day a ' not so today.

Asian stock markets dropped Thursday as mostly positive economic news in the U.S. failed to inspire investors and the dollar tumbled to a 14-year low against the Japanese yen.

Nov. 25 -- Randy Bateman, chief investment officer for Huntington Bancshares Inc., talks with Bloomberg's Matt Miller about the performance of U.S. stocks and Federal Reserve monetary policy.

Treasury prices mainly rose Wednesday after a strong auction for seven-year notes.

The dollar slid to a 15-month low against the euro Wednesday as investors fled the safe haven currency on upbeat U.S. economic reports, while markets absorbed the U.S. Federal Reserve's indication that interest rates will remain at super-low levels for a while yet and that it was not overly concerned by the U.S. currency's decline.

The New Zealand sharemarket edged up in early trading today, even as Mainfreight shares tumbled nearly 2 per cent.

U.S. stocks were directionless Tuesday after third quarter GDP was confirmed at an annualised 2.80% for the third quarter.

Lower profits from U.S. fuel sales caused convenience store operator Alimentation Couche-Tard's profits to fall nearly 10 per cent during its fiscal second quarter.

Nov. 24 -- Bloomberg's Sheila Dharmarajan reports on the stock market and stocks with poor analyst ratings that outperformed those with higher decile rank.

Daniel Wagner Washington - Published on Tuesday, Nov. 24, 2009 1:41PM EST Last updated on Tuesday, Nov.

European and U.S. stock markets fell Tuesday after the U.S. government said the U.S. economy did not grow as fast in the third quarter as previously estimated, stoking fears that the recovery in the world's largest economy will be slow.

Asian stock markets retreated Tuesday as China's warning to banks to control their lavish lending underlined the risks to an economic recovery driven by easy credit.

Gold hit a record high at $1,167.45 an ounce on Monday as dollar weakness pushed the metal through key technical resistance levels, fueling momentum buying after the metal's sharp run higher earlier this month.

World markets rose sharply Monday amid further hopeful signs about the economic recovery.