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Posted by admin on September 19, 2008 under News | 
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SEC bans financials short sales (Reuters)
Reuters – U.S. market regulators issued an emergency ban on the short-selling of financial stocks on Friday, igniting big rallies in the sector that has been targeted by sellers as the credit crisis gathered pace.
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Wall St rallies on hopes of crisis solution
NEW YORK (Reuters) – Wall Street had its best day in six years on Thursday as a furious rally late in the day was sparked by news that the government is considering a more comprehensive solution to th…
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Asia keeps cash flowing to markets despite rally (Reuters)
Reuters – Asia-Pacific nations kept up efforts on Friday to shield the region from the fallout of Wall Street upheaval even as stock and currencies rallied in response to emergency action from the world’s top financial authorities.
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GeoEye resolves trouble with Nasdaq over restatements
GeoEye Inc. is back in good standing with the Nasdaq Global Market. Since filing restated earnings reports with the Securities and Exchange Commission on Sept. 8, the Dulles-based geospatial imaging …
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Kremlin moves to stem Russian financial crisis (AFP)
AFP – President Dmitry Medvedev on Thursday moved to prop up Russia’s battered financial markets following the biggest one-day plunge in share prices since the 1998 financial crisis.
Posted by admin on September 18, 2008 under News | Be the First to Comment
IEA Still Determining Strategic Oil Stocks Release
The International Energy Agency (IEA) is still assessing the impact of Hurricane Ike on U.S. oil and gas production and has yet to decide whether it needs to release strategic oil stocks, the agency s…
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Toronto stocks up 1.6 pct on boost from financials (Reuters)
Reuters – The Toronto Stock Exchange’s main index rallied nearly 200 points on Thursday after the world’s top central banks injected billions of dollars into markets and on optimism about a possible plan to resolve the U.S. financial crisis.
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As gold and silver price surges resource stocks remain down billions
Gold and silver stocks surge on bullion price rallies, but listed resources stocks generally have surrendered hundreds of billions of dollars worth of market value.
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London shares close sharply lower (AFP)
AFP – London shares closed sharply lower on Wednesday, giving up early gains sparked by the overnight rescue of US insurance giant AIG and amid news of takeover talks between Lloyds TSB and struggling mortgage lender HBOS.
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Wall Street takes second 400+ point lo…
Wall Street plunged again in a crisis of confidence Wednesday as anxieties about the financial system still ran high after the government's bailout of insurer American International Group Inc. …
