Posted by admin on October 26, 2008 under News |
The Dow Jones industrials
How far the Dow Jones industrial average has fallen or advanced each trading day since Lehman Brothers Holdings Inc. filed for Chapter 11 bankruptcy protection on Sept. 15. After Lehman's fall, the cr…
Posted by admin on under News |
World leaders pledge financial reform as gloom deepens (AFP)
AFP – World leaders vowed Saturday to overhaul the global financial system in the face of recession fears, but US President George W. Bush urged nations to “recommit” to free markets despite economic turmoil.
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Wall Street wives had the richer, now they
Reporting from Edison, N.J. — Mona Mond had a plan — and it didn't include Wall Street going haywire and giving up a three-bedroom house with a half-acre yard for a small apartment.She'd married a …
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FTSE crashes 5% (AFP)
AFP – The FTSE 100 index lost 5 percent Friday to trade at 3883.36 after preliminary data showed the British economy shrank 0.5 percent in the third quarter.
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Battered Wall St facing more tests
BRUISED and battered Wall Street faces another test in the coming week with more data to highlight dire economic conditions and a Federal Reserve meeting expected to offer a fresh rate cut.
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Markets in tailspin (Reuters)
Reuters – Wall Street joined a global market rout on Friday that kicked off in Japan, led Russia to suspend trading and sent oil and other commodities tumbling on fears of a deep worldwide recession.
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Bourse in Terrific Form
Motlanthe, who replaced Thabo Mbeki, as head of Pretoria's administration, said the international community will not move in to assist Zimbabwe with an economic recovery plan if there is no government…
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Canada’s stock market plunges more than 7 pct at open (AFP)
AFP – The Toronto stock market plunged more than seven percent at the market open Friday amid a global market rout on recession fears and financial turmoil.
Posted by admin on October 25, 2008 under News |
Treasurys Fall Under Pressure Of Stocks, Supply
in five-year Treasury Inflation Protected Securities. Many analysts expected the government to increase the size of the offerings to begin consolidating some of the bills with very short maturitie…
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Emerging market strains remove props for global markets (AFP)
AFP – Emerging market countries, their once vibrant economies now under increased strain in the global finance crisis, can no longer be counted on help prop up world stock markets.