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Wall Street set to follow global sell-off Monday, October 6, 2008 @ 6:22AM(AP:NEW YORK) Financial markets around the world had a rocky start Monday after European governments took steps to limit the damage from the growing global financial crisis. U.S. stocks looked to have a steep drop at the opening, and the credit markets remained under strain.
Rand continues downward spiral Monday, October 6, 2008 @ 6:21AMThe rand continues to trade at fresh 5½ year worst levels against the dollar amid falling equities and rising risk aversion.
European Turmoil Hits U.S. Stock Futures Monday, October 6, 2008 @ 6:19AMStocks were aiming for a nasty start to the week, after the credit crisis that had plagued U.S. financial markets for the past month moved quickly to consume Europe.
Nifty breaches 3600; Sensex down 700 points Monday, October 6, 2008 @ 6:19AMTraders were helplessly gawking at their trading terminals on the Dalal Street as equities plunged sharply after funds took exit route from Indian market.
Bruised: BSE Sensex falls to under 12,000 pts Monday, October 6, 2008 @ 6:18AM Global scramble is on to contain turmoil in financial markets.
(AFX UK Focus) 2008-10-06 11:49 STOCKS NEWS EMERGING EUROPE-Warsaw, Prague at new multi-yr lows Monday, October 6, 2008 @ 6:17AMBusiness finance and city news online from Interactive Investor, a leading financial news service. Information on currency market news and financial headlines
Start planning for your own financial rescue Sunday, October 5, 2008 @ 11:35AMStart planning for your own financial rescue
(AFX UK Focus) 2008-10-05 17:16 RPT-IPO VIEW-Fourth quarter off to dismal start Sunday, October 5, 2008 @ 11:30AMNEW YORK, Oct 5 (Reuters) - After concluding its most dismal quarter in nearly six years, the market for initial public offerings looks set to continue its losing streak. The fourth quarter began with an inauspicious start.
Netherlands Widens Ban on Short-Selling of Financial Stocks Sunday, October 5, 2008 @ 11:24AMOct. 5 (Bloomberg) -- The Netherlands widened its ban on short-selling in the stocks of financial companies, seeking to defend banks from trading blamed for pushing down share prices and worsening the market crisis.
Experts explain impact of Wall Street’s struggle Sunday, October 5, 2008 @ 11:22AMLawmakers work in Washington to fix the financial debacle while Wall Street traders hold their breath in anticipation of a bail out that will save their precious stocks, and most likely their jobs.
Globe, Meralco stocks lead week"s top gainers Sunday, October 5, 2008 @ 11:19AMSTOCKS OF utilities Globe Telecom, Inc. and Manila Electric Co. (Meralco) led last week"s top 30 gainers, seemingly unaffected by market apprehension about a US-led global economic downtrend.
Market"s roller-coaster ride to continue Sunday, October 5, 2008 @ 11:18AMTHE LOCAL market is due for another roller-coaster ride this week, analysts said, as investors await details on how the $700-billion rescue plan for distressed US financial firms would be implemented.
Compromise needed in bailout plan Sunday, October 5, 2008 @ 2:48AMThe U.S. government and financial system have been breaking all the wrong kinds of records lately.
Amlak, Arabtec, Deyaar, Emaar, Tamweel: Gulf Equity Preview Sunday, October 5, 2008 @ 2:45AMOct. 5 (Bloomberg) -- The following stocks may rise or fall in Persian Gulf markets. Stock symbols are in parentheses and prices are from the last close.
Check credit market to see if bailout works Sunday, October 5, 2008 @ 2:40AMNow that Congress has passed the bailout bill, how and when will we know if it is working? Before we can answer those questions, first we have to answer this: What problem was this bailout trying to solve? Although lawmakers tried to rebrand it an "economic...
House passes $700 billion financial bailout Friday, October 3, 2008 @ 1:58PMNEW YORK/WASHINGTON (Reuters) - The House of Representatives approved a $700 billion bailout package for U.S. banks, under pressure from all sides as the effort to head off a spreading financial crisis hung in the balance.
Illinois investments hit by financial meltdown Friday, October 3, 2008 @ 1:58PMThe financial turmoil on Wall Street is costing Illinois money. State finance officials predict less money coming in because of a drop in interest income, and they say some pension investments took a hit.
Feedback: House Approves Financial Industry Bailout Friday, October 3, 2008 @ 1:57PMThe $700 billion government bailout of the financial industry is headed to President Bush for his signature. The House, which on Monday rejected an earlier version of the bill and sent stocks tumbling, approved it this time by a vote of 263-to-171. Senate approval came Wednesday night.
Oil falls as demand concerns outweigh bailout vote Friday, October 3, 2008 @ 1:56PMNEW YORK - Oil fell on Friday, dragged down as demand concerns outweighed optimism following the passage of the U.S. financial sector rescue bill in the U.S. House of Representatives.
House Votes to Approve Historic Financial Bailout Plan Friday, October 3, 2008 @ 1:56PMLawmakers gave final approval to a $700 billion bailout plan Friday. The final vote, 263-171 in the House, capped weeks of tumult in Congress and on Wall Street.
Congress OKs historic bailout bill by big margin Posted on Oct. 3 Friday, October 3, 2008 @ 1:56PMWASHINGTON - With the economy on the brink and elections looming, Congress approved an unprecedented $700 billion government bailout of the battered financial industry on Friday and sent it to President Bush for his certain signature.
Scientists Find new migratory patterns for Mediterranean and Western Atlantic bluefin tuna Thursday, October 2, 2008 @ 1:18PM( University of Maryland Center for Environmental Science ) New research into the life cycle of Atlantic bluefin tuna shows, for the first time, that Mediterranean and North American bluefin mix substantially as juveniles, but return to their place of birth to spawn. These new research findings, which appear in the Oct. 3 edition of Science Express, have critical implications for how bluefin ...
Researchers find that tuna swim across Atlantic Thursday, October 2, 2008 @ 1:17PMBluefin tuna from both sides of the Atlantic get together as juveniles, a discovery that could affect how the tuna fishery is managed.
Mixed fortunes for bank stocks Thursday, October 2, 2008 @ 1:10PMBank stocks have enjoyed mixed fortunes as Prime Minister Gordon Brown prepares for an emergency weekend summit with EU leaders to discuss the global financial crisis.
European Stocks Fall on Credit, Economy Concerns; Siemens Drops Thursday, October 2, 2008 @ 1:10PMOct. 2 (Bloomberg) -- European stocks fell for the first time in three days after a record decline in short-term borrowing by companies and a jump in U.S. jobless claims heightened concern that the credit crisis is spilling over into the broader economy.
(AFX UK Focus) 2008-10-01 16:07 TABLE-API weekly US oil stocks and output by PADD Wednesday, October 1, 2008 @ 10:49AMNEW YORK (Thomson Financial) - Oct 1 (Reuters) - The American Petroleum Institute issued
(AFX UK Focus) 2008-10-01 16:15 US crude stocks up; gasoline rises unexpectedly Wednesday, October 1, 2008 @ 10:48AMNEW YORK, Oct 1 (Reuters) - U.S crude oil supplies rose more than expected last week as imports rebounded following hurricane-related disruptions, while gasoline stocks unexpectedly increased, according to government data issued on Wednesday. The Energy Information Administration (EIA) said domestic commercial supplies of crude rose 4.3 million barrels to 294.5 million barrels in the week to ...
Oil down after surprise jump in US crude supplies Wednesday, October 1, 2008 @ 10:45AM Associated Press - October 1, 2008 11:44 AM ET NEW YORK (AP) - Oil prices are falling after the government reported a surprise jump in U.S. crude supplies.
Examine the Possibilities of Algae as a Source of Fuel as Oil Stocks Continue to Fall with This Essential Report Tuesday, September 30, 2008 @ 6:15AMResearch and Markets (http://www.researchandmarkets.com/research/cbf208/analyzing_algae_as) has announced the addition of the "Analyzing Algae as a Source of Fuel" report to their offering.
Global stocks rebound after plunge on bailout failure Tuesday, September 30, 2008 @ 6:14AMLONDON (AFP) - Bargain-hunting helped lift the London, Paris and Hong Kong stock markets Tuesday after investors worldwide had dumped shares following the unexpected rejection of a US financial bailout package.
Global stocks rebound after plunge on bailout failure Tuesday, September 30, 2008 @ 6:14AMLONDON (AFP) - Bargain-hunting helped lift the London, Paris and Hong Kong stock markets Tuesday after investors worldwide had dumped shares following the unexpected rejection of a US financial bailout package.
Roar players overpaid: Bleiberg Tuesday, September 30, 2008 @ 6:14AMFormer Queensland coach Miron Bleiberg has launched another stunning attack on his former employers by claiming Roar players are overpaid because the club are scared of them getting poached by the Gold Coast.
Roar players overpaid: Bleiberg Tuesday, September 30, 2008 @ 6:14AMFormer Queensland coach Miron Bleiberg has launched another stunning attack on his former employers by claiming Roar players are overpaid because the club are scared of them getting poached by the Gold Coast.
Citigroup buys Wachovia :Government brokers deal guaranteed by taxpayers. Tuesday, September 30, 2008 @ 6:13AMWASHINGTON -- Citigroup agreed to buy Wachovia bank in a deal backstopped by taxpayers and brokered by the Federal Deposit Insurance Corp. to avoid another major corporate failure in the midst of the ongoing financial crisis.
Citigroup buys Wachovia :Government brokers deal guaranteed by taxpayers. Tuesday, September 30, 2008 @ 6:13AMWASHINGTON -- Citigroup agreed to buy Wachovia bank in a deal backstopped by taxpayers and brokered by the Federal Deposit Insurance Corp. to avoid another major corporate failure in the midst of the ongoing financial crisis.
US stock futures point to partial rebound Tuesday, September 30, 2008 @ 6:12AMU.S. stocks headed for a partial rebound Tuesday, a day after stocks logged their steepest losses in years when the House voted down a proposed $700 billion rescue plan for the financial sector.
US stock futures point to partial rebound Tuesday, September 30, 2008 @ 6:12AMU.S. stocks headed for a partial rebound Tuesday, a day after stocks logged their steepest losses in years when the House voted down a proposed $700 billion rescue plan for the financial sector.
Asian governments act to prop up stocks, currencies Tuesday, September 30, 2008 @ 6:12AMHONG KONG (Reuters) - Asian governments from South Korea to Indonesia stepped in swiftly Tuesday to try to prop up markets reeling from an overnight plunge in the United States after U.S. lawmakers rejected a $700 billion plan rescue plan for the financial industry.
Asian governments act to prop up stocks, currencies Tuesday, September 30, 2008 @ 6:12AMHONG KONG (Reuters) - Asian governments from South Korea to Indonesia stepped in swiftly Tuesday to try to prop up markets reeling from an overnight plunge in the United States after U.S. lawmakers rejected a $700 billion plan rescue plan for the financial industry.
Irish Financials Jump as Government Guarantees Debt (Update2) Tuesday, September 30, 2008 @ 6:10AMSept. 30 (Bloomberg) -- Anglo Irish Bank Corp. Plc led a surge in Irish financial stocks after the government guaranteed the deposits and borrowings of six lenders to calm investors after banks lost a quarter of their value yesterday.
Irish Financials Jump as Government Guarantees Debt (Update2) Tuesday, September 30, 2008 @ 6:10AMSept. 30 (Bloomberg) -- Anglo Irish Bank Corp. Plc led a surge in Irish financial stocks after the government guaranteed the deposits and borrowings of six lenders to calm investors after banks lost a quarter of their value yesterday.
Pound Rises Versus Euro; Stocks Gain on Rescue-Plan Speculation Tuesday, September 30, 2008 @ 6:10AMSept. 30 (Bloomberg) -- The pound gained against the euro as U.K. stocks advanced after U.S. lawmakers said they will to salvage the $700 billion bank-bailout package.
Asian stock markets plunge on Tuesday Monday, September 29, 2008 @ 10:53PMTOKYO — The historic carnage on Wall Street reverberated across Asia Tuesday, with stock markets in the region plunging after U.S. lawmakers rejected a $700 billion bank rescue plan aimed at stabilizing the U.S. financial system.
Taiwan stocks plunge 6 percent in early trade despite government support Monday, September 29, 2008 @ 10:53PMawmakers to pass a financial bailout plan. The weighted price index of the Taiwan Stock market fell 364.34 points, or 6.14 percent, to 5565.29 points shortly after trading began.
Asian stocks plunge after U.S. lawmakers reject bailout Monday, September 29, 2008 @ 10:53PMlunging after U.S. lawmakers rejected a US$700 billion bank rescue plan aimed at stabilizing the U.S. financial system. All major stock markets in the region tumbled sharply across the board, succumbing to heightened fears of a broader global financial crisis.
US House rejects Wall Street bailout, stocks crash Monday, September 29, 2008 @ 10:53PMWASHINGTON (AFP) - The US House of Representatives dramatically rejected a 700-billion-dollar Wall Street bailout, sending stocks crashing to one of their worst single day losses ever and deepening the US financial crisis.
Thwarted bailout hammers Asia stocks; yen up Monday, September 29, 2008 @ 10:52PMHONG KONG -- Asian stocks tumbled, putting them on course for the biggest monthly decline in more than a decade, and the yen hit a four-month high on Tuesday after US lawmakers rejected a $700-billion plan to end financial panic and stave off recession.
Asian stocks plunge after rejection of bailout Monday, September 29, 2008 @ 10:52PMTOKYO -- The historic carnage on Wall Street reverberated across Asia Tuesday, with stock markets in the region plunging after U.S. lawmakers rejected a US$700 billion bank rescue plan aimed at stabilizing the U.S. financial system.
Wall Street collapse hits Hawaii investors Monday, September 29, 2008 @ 10:50PMDOWNTOWN HONOLULU (KHNL) - Wall Street suffers a historic fall, furthering widespread concern about our economy. The Dow Jones industrial average plummeted almost 780 points Monday, its biggest one day point drop ever.
U.S. stock investors to mull rescue accord, WaMu seizure Sunday, September 28, 2008 @ 3:02AM U.S. stocks are headed to an uncertain Monday, as U.S. policy makers announced that they had reached a tentative agreement on a rescue plan for Wall Street and as another major bank failure fueled worries of more collapses to come.