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Posted by admin on September 18, 2008 under News | 
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Stock markets plunge as global crisis deepens (AFP)
AFP – Asian stocks plunged Thursday as the global financial crisis deepened, with investors fleeing on fears that more banks will go under in the worst turmoil on world markets in decades.
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Russian stock markets suspended amid market turmoil
Trading on Russia's major stock markets has been suspended for a second consecutive day due to the ongoing turmoil in the financial markets around the world. The suspension took place due to an order…
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Russia suspends stock trading to stop market meltdown (AFP)
AFP – Russia suspended trading on its two main stock markets for a second day Wednesday as shares nosedived and officials pledged 44 billion dollars to fight collapsing investor confidence.
Posted by admin on September 17, 2008 under News | Be the First to Comment
Wall Street Turmoil Ripples Through Tech and Data Vendors
As enterprises enable remote workers, promote collaborative tools and increase interdependence on global business partners, security challenges grow. Get up to speed on effective strategies, best prac…
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Will AIG plan cost taxpayers money, or just sleep? (AP)
AP – American taxpayers awoke Wednesday to learn they may end up owning one of the world’s largest insurers. They might now lose some sleep wondering whether the government’s $85 billion loan to American International Group was a wise investment.
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IT spending falls, computer stocks drop
(AXcess News) Reno – Shares of computer maker Dell Inc. fell more than 11 percent to a seven-year low Tuesday after the company said a slowdown in consumer technology spending was affecting sales. De…
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SEC issues rules against abusive short sales (Reuters)
Reuters – New rules aimed against abusive naked short selling of stock in all publicly traded companies were issued by the U.S. Securities and Exchange Commission on Wednesday.
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McCain blames Wall Street; Biden blames GOP
NEW: John McCain's camp: Barack Obama not "respecting the strength" of workers Obama: McCain's policies will throw economy "further out of balance" McCain says he'll put an end to …
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London stocks open higher after AIG rescue (AFP)
AFP – The London stock market climbed 0.25 percent in opening trading on Wednesday, after the US Federal Reserve announced a rescue package for American insurance giant AIG.
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Fed Focuses On Stanching Wall Street
September 16, 2008 · Federal Reserve officials meet Tuesday to decide whether to lower a key interest rate in an effort to assuage the financial system. Meanwhile, the Fed has pumped $120 billi…
