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Posted by admin on February 17, 2009 under News | 
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World stock markets slump amid financial fears (AP)
AP – Asian stock markets fell sharply Tuesday, with benchmarks in Hong Kong and South Korea down about 4 percent, as renewed financial fears sent banks across the region tumbling. European shares slid in early trade.
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Devil is in the details
NEW YORK (CNNMoney.com) — A lack of clear communication between the government and Wall Street last week left investors scratching their heads and dumping their stocks. The week ahead brings a chance…
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White House: Bailout wasn’t aimed at market reax (AP)
AP – The White House said Wednesday that the administration’s bailout plan that sent Wall Street tumbling a day earlier was not designed for a “one-day market reaction.”
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Nokia unveils media and application store, new ESeries models
BARCELONA, Spain (MarketWatch) – Nokia Corp., the world's largest maker of mobile phones, on Monday unveiled a series of high-end phones aimed at the business user and launched its own media and softw…
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U.S. companies eye worst quarter in a decade (Reuters)
Reuters – The last quarter of 2008 is set to rack up the steepest decline in earnings for U.S. companies in at least 10 years, as deep write-downs from banks mounted and companies across a wide swath of sectors slashed their outlooks.
Posted by admin on February 16, 2009 under News | 3 Comments to Read
China stocks surge 3% in massive turnover
China's main stock index surged 2.96 percent to a new five-month closing high in massive turnover on Monday as speculative money continued to pour into the market, hunting for steel and brokerage shar…
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Stocks fall as investors can’t shake economic woes (AP)
AP – Investors sent Washington a message this week: They won’t commit to stocks until the government commits to a plan.
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Realty stocks rise on Budget hopes; BSE Realty up 3%
MUMBAI: Most of the real estate stocks were trading firm Monday on expectations of another government stimulus package for the economy and amid hopes of rate cuts amidst fall in inflation.
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How the major market indexes fared Thursday (AP)
AP – The stock market made a late-day comeback Thursday, on hope that homeowners will get more help with their mortgages.
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Government may have to nationalize weakest banks, analysts say
SAN FRANCISCO (MarketWatch) — The U.S. government has tried several different ways to pump capital into the nation's ailing banks, revive lending and ease the recession. Now some analysts say it may …
