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| 1587 |
| | | Mary Queen of Scots, implicated in the Babington plot, is beheaded in Fotheringay castle | |
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| 1587 |
| | | Marlowe's first play, Tamburlaine the Great, introduces the swaggering blank verse of Elizabethan and Jacobean drama | |
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| 1587 |
| | | Venice opens the first modern bank (the Banco della Piazza di Rialto) for safe deposits and credit transfers | |
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| 1587 |
| | | A new group of English settlers arrives at Roanoke Island and makes a second attempt at a settlement | |
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| 1587 |
| | | Virginia Dare becomes the first English child to be born in America, on Roanoke Island | |
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| 1587 |
| | | Francis Drake sails into a crowded Cadiz harbour and destroys some thirty Spanish ships | |
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| 1587 |
| | | Nicholas Hilliard paints the delightful miniature known simply as Young Man among Roses | |
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| 1587 |
| | | 16-year-old Abbas I, subsequently one of the greatest of shahs, inherits the throne of Persia | |
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| 1588 |
| | | The House of Orange becomes the leading family of the new Dutch republic | |
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| 1588 |
| | | The shogun's Tea Master awards a gold seal with the one word raku ('felicity') to a beautiful bowl, thus naming Japan's most famous ware | |
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