Valuations of broking companies have halved since January 2008. Patient investors can start accumulating selective stocks with a long-term perspective.

NEW YORK (AP) — Stock markets around the world plummeted today and oil prices plunged to their lowest in more than a year on growing fears that governments, central banks and finance ministers could be powerless to stop a global downturn that will slam

The Toronto Stock Exchange's main index tumbled on Tuesday morning as commodity-related stocks took a beating from worries over slowing economic growth.

Stocks headed for a flat open on Tuesday after Federal Reserve Chairman Ben Bernanke said the central bank may extend emergency lending for big Wall Street investment banks, easing worries about the financial services sector.

May 21 (Bloomberg) -- Pakistan's credit rating was cut for the first time in nine years by Moody's Investors Service, which cited ``growing economic imbalances and renewed political difficulties.'' Stocks fell.