Posted by admin on October 24, 2008 under News |
STOCKS NEWS EUROPE-SocGen raises equity weighting, likes Europe
Oct 23 (Reuters) – STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News 13:20GMT 23Oct2008-Societe Generale raises equity weighting, likes Europe ——————————–…
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Argentine pension plan could postpone default (AP)
AP – Argentina’s surprise move to nationalize $30.1 billion in private pension funds amid the global fiscal crisis has driven the nation’s benchmark stock index down 20 percent in two days.
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Prices lower on Taipei bourse
Taipei, Oct. 22 (CNA) Taiwan's share prices closed lower, moving down 80.13 points, or 1.62 percent, Wednesday, with the weighted index, the market's key barometer, to close at 4,862.59. Suffering a d…
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Market battered by commodity slide (Reuters)
Reuters – The Toronto Stock Exchange’s main index closed nearly 6 percent lower on Wednesday as resource issues sank along with commodity prices on concerns that a global economic slowdown will slash demand.
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Bad day on Wall St – Dow down 5.6 pc
It's been a terrible day on Wall St. The Dow Jones Industrial Average has dropped 509.83 points or 5.64 per cent to 8,523.83 and the tech-heavy Nasdaq composite slid 80.93 points or 4.77 per cent to 1…
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Deep recession fears slam Wall Street (Reuters)
Reuters – Stocks tumbled to 5 year lows on Wednesday as investors grappled with an increasingly dire outlook for the global economy following a raft of disappointing profits and outlooks from major U.S. companies.