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Posted by admin on October 23, 2008 under News | 
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Emerging market, economy fears hammer Europe stocks
LONDON, Oct 22 (Reuters) – European shares slumped 5.4 percent on Wednesday, led by bank and energy stocks as investors added emerging markets ructions and waning commodity demand to their list of wor…
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Gulf stocks fall on global fears (AFP)
AFP – Gulf stock markets edged lower on Wednesday following two days of gains, tracking losses on other global markets on fears of economic recession.
Posted by admin on October 22, 2008 under News | 2 Comments to Read
Nikkei plunges nearly 7 per cent on grim earnings outlook – Summary
Tokyo – Tokyo stocks plunged Wednesday as investors worried about the grim outlook for Japanese firms' earnings. The Nikkei 225 Stock Average tumbled 631.56 points, or 6.79 per cent, to end 8,674.69. …
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Wall St. roars over slight credit thaw, US stimulus hopes (AFP)
AFP – US stocks roared higher Monday on signs that governments’ massive actions to get credit flowing again were beginning to work and growing momentum behind a second US economic stimulus package.
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Stocks in focus for Tuesday
WIT ] Wipro second-quarter revenue rises 36% on-year','Jiangxi Copper shares drop 2.7% in Hong Kong early trading','Jiangxi Copper shares drop on third-quarter profit decline','Citic Pacific extends d…
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Global stocks slide anew, dollar sets 2-year high (Reuters)
Reuters – Stock markets around the world fell sharply again on Wednesday after concerns about economic recession and falling commodity prices were fueled by a fresh spate of gloomy corporate earnings.
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Genaera gets extra time to meet NASDAQ rule
said Tuesday it has received a non-compliance notice from NASDAQ, but the exchange — citing “extraordinary market conditions” — is giving the company extra time to regain compl…
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SEC head calls for transparency on credit default swap (Reuters)
Reuters – SEC Chairman Christopher Cox has called on Congress to pass legislation that would make so-called credit default swaps more transparent, including requiring that dealers in over-the-counter swaps publicly report their trades and the trades’ value.
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US stocks surge on talk of stimulus
Wall Street stocks rose sharply Monday amid indications that a second fiscal stimulus package could be on the way to boost the faltering US economy.
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Wall St. roars over slight credit thaw, US stimulus hopes (AFP)
AFP – US stocks roared higher Monday on signs that governments’ massive actions to get credit flowing again were beginning to work and growing momentum behind a second US economic stimulus package.
