Hong Kong stocks slide over three percent

Posted by admin on December 24, 2008 under News | Be the First to Comment

Hong Kong stocks slide over three percent
Hong Kong, Dec 23 (Xinhua) Hong Kong's benchmark Hang Seng Index went down 461.71 points or 3.16 percent to 14,160.68 during Tuesday's morning session.

Dow falls for 5th straight session on grim data (AP)

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Dow falls for 5th straight session on grim data (AP)

A person walks on Wall Street near the New York Stock Exchange (NYSE) during a during a snow storm in New York City, December 19, 2008. Global stocks have mainly fallen, despite a multi-billion-dollar US government lifeline for the American auto industry, as analysts warned of volatile trading in the run-up to Christmas.(AFP/Getty Images/File/Ramin Talaie)AP – Wall Street pulled back again Tuesday in muted trading ahead of the holiday, as another round of reports showed further deterioration in the housing market and broader economy.


Hong Kong stocks slide over three percent

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Hong Kong stocks slide over three percent
Hong Kong, Dec 23 (Xinhua) Hong Kong's benchmark Hang Seng Index went down 461.71 points or 3.16 percent to 14,160.68 during Tuesday's morning session.

SEC has been slow to react to fraud claims (AP)

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SEC has been slow to react to fraud claims (AP)
AP – Before his downfall in an alleged fraud that may end up costing investors $50 billion, Wall Street money manager Bernard L. Madoff circulated a promotional message extolling his service to clients.

Australian stocks end down; miners lead losses

Posted by admin on December 23, 2008 under News | Be the First to Comment

Australian stocks end down; miners lead losses
AXJO ended down 26 points at 3,531.4 points. BHP fell 3.9 percent. New Zealand's benchmark NZX 50 index .NZ50 fell 0.67 percent to 2,661.7 points. (Reporting by

Philippine stock index tumbles 3.3 percent (AP)

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Philippine stock index tumbles 3.3 percent (AP)
AP – Philippine shares tumbled Monday as investors pocketed profits ahead of a long Christmas break.

Australian stocks end down as miners drag

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Australian stocks end down as miners drag
Russell Investment Group . The benchmark S&P/ASX 200 index .AXJO ended down 26 points at 3,531.4 points. The Australian market will stop trading on Wednesday at 0310 GMT ahead of the Christmas…

Madoff investor seeks relief from SEC: report (Reuters)

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Madoff investor seeks relief from SEC: report (Reuters)

The offices of Bernard Madoff, who confessed to defrauding investors of 50 billion dollars, are seen on 885 Third Avenue in New York December 15, 2008. An investor who lost nearly $2 million investing with Bernard Madoff has filed a claim against the U.S. Securities and Exchange Commission (SEC) alleging the agency was negligent in failing to detect an alleged decades-long fraud, the Wall Street Journal said. (Chip East/Reuters)Reuters – An investor who lost nearly $2 million investing with Bernard Madoff has filed a claim against the U.S. Securities and Exchange Commission (SEC) alleging the agency was negligent in failing to detect an alleged decades-long fraud, the Wall Street Journal said.


U.S. Stocks Decline After Walgreen

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U.S. Stocks Decline After Walgreen
Ford Motor Co. (F) sliding 11.5% and the U.S.-listed shares of Japanese giant Toyota (TM) declining 5.1%. Toyota forecast an operating loss for the current year, which would be a first for the Jap…

China shares fall on bleak outlook (AP)

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China shares fall on bleak outlook (AP)
AP – Chinese stocks snapped a six-day winning streak on Monday as investors unloaded shares to cash in on recent gains amid mounting worries over earnings prospects.