Asia stocks fall amid skepticism over US bank plan (AP)

Posted by admin on February 11, 2009 under News | Read the First Comment

Asia stocks fall amid skepticism over US bank plan (AP)

Traders on the floor of the New York Stock Exchange. Financial markets greeted the Geithner plan to rescue the troubled banking system Tuesday with a resounding thud, as analysts bemoaned a startling lack of detail to achieve its aims.(AFP/Stan Honda)AP – Asian stock markets dropped Wednesday, following a steep sell-off on Wall Street overnight, as investors reacted with skepticism to the U.S. government’s latest plan to rescue the ailing financial industry with as much as $2 trillion in commitments.


Why Diversification Still Matters

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Why Diversification Still Matters
At Morningstar, we've long been advocates of diversification in investing. A diversified portfolio is less risky than one that's concentrated in one area of the market, because different parts of the …

London stocks lose 2.19% (AFP)

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London stocks lose 2.19% (AFP)

London stocks finished down sharply as traders came to terms with the US Treasury's bank-rescue announcement and waited for the US Senate's vote on the 800-billion-dollar economic stimulus package.(AFP/File/Ben Stansall)AFP – London stocks finished down sharply on Tuesday as traders came to terms with the US Treasury’s bank-rescue announcement and waited for the US Senate’s vote on the 800-billion-dollar economic stimulus package.


Sell stocks or stay put

Posted by admin on February 10, 2009 under News | Be the First to Comment

Sell stocks or stay put
NEW YORK (Money) — Question: I've been sticking with my investments in the hopes that the market will recover, but I'm tired of seeing the value of my portfolio continue to drop. Should I just sell e…

SEC’s top enforcer to leave agency (Reuters)

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SEC’s top enforcer to leave agency (Reuters)

Mary Schapiro, U.S. President-elect Barack Obama's choice to head the Securities and Exchange Commission, speaks after being introduced during a news conference in Chicago December 18, 2008. (Jeff Haynes/Reuters)Reuters – The Securities and Exchange Commission’s top enforcement official, Linda Thomsen, will resign, the agency said on Monday, less than a week after a congressional panel chastised her for failing to follow up tips that might have uncovered Bernard Madoff’s alleged $50 billion fraud.


Depa gains, DP World loses

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Depa gains, DP World loses
Shares of UAE interior designer DEPA Ltd. gained 3.23%. Dubai Ports World lost five percent. No other shares were traded at Dubai's international exchange (former DIFX).

SEC enforcement chief steps down under Madoff cloud (AFP)

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SEC enforcement chief steps down under Madoff cloud (AFP)

The US Securities and Exchange Commission said Monday its enforcement chief has quit, following criticism over apparent failure to uncover the alleged 50 billion dollar investment scam run by mastermind Bernard Madoff, pictured in January 2009.(AFP/File/Timothy A. Clary)AFP – The US Securities and Exchange Commission said Monday its enforcement chief has quit, following criticism over apparent failure to uncover the alleged 50 billion dollar investment scam run by mastermind Bernard Madoff.


Trading on UAE stock markets closes amid mixed sentiment

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Trading on UAE stock markets closes amid mixed sentiment
Dubai: UAE stock markets ended mixed on Monday with the Dubai benchmark declining, dragged down by banking and real estate stocks, and Abu Dhabi index closing up. The Dubai Financial Market General In…

Madoff settles civil fraud case with SEC (AFP)

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Madoff settles civil fraud case with SEC (AFP)

Alleged Wall Street investment scam artist Bernard Madoff, seen here on January 14, 2009, reached a partial settlement on a civil fraud case, regulators said Monday.(AFP/File/Timothy A. Clary)AFP – Alleged Wall Street investment scam mastermind Bernard Madoff reached a partial settlement on a civil fraud case, regulators said Monday.


Glance-STOCKS NEWS EUROPE-JJB soars on fitness club sale hopes

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Glance-STOCKS NEWS EUROPE-JJB soars on fitness club sale hopes
STOCKS NEWS Reuters Results diary Stocks on the move Real-time Equity News 13:21GMT 09Feb2009-JJB soars on fitness clubs disposal hopes ———————————————————— Sha…