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World Stock Markets News

  • Citigroup Shares Drop Sharply Thursday, November 20, 2008 @ 3:44PM
  • Treasury Yields Drop to Record Lows as Recession Concern Rises Thursday, November 20, 2008 @ 3:44PMNov. 20 (Bloomberg) -- Treasury yields declined to record lows , with two-year notes dropping below 1 percent for the first time, as global stocks slumped and a deepening recession drove investors to the safest assets.
  • Congress votes to extend jobless benefits to unemployed Thursday, November 20, 2008 @ 3:44PMWASHINGTON (AP) - Jarred by new jobless alarms, Congress hurriedly approved legislation Thursday to keep unemployment checks flowing through the December holidays and into the new year for a million or
  • NEWSMAKER: JERRY YANG Thursday, November 20, 2008 @ 3:44PMIt’s a move that Yahoo! shareholders like Carl Icahn ardently desired. “In my opinion, you might have to get rid of Jerry and part of the board to bring back Microsoft...,” was what Icahn told New York Times after Yahoo! CEO Jerry Yang turned down Microsoft’s 2008 buyout offer of $33 a share.
  • Economic crisis needs bigger response, says Shourie Thursday, November 20, 2008 @ 3:43PMNEW DELHI: India needs to restore economic confidence hit by the global credit crisis by helping struggling industries, boosting infrastructure spending and dramatically improving governance, a senior opposition politician said.
  • Citigroup Shares Fall as Profit Outlook Deteriorates (Update1) Thursday, November 20, 2008 @ 3:41PMNov. 20 (Bloomberg) -- Citigroup Inc. fell 26 percent in New York trading, after losing almost a quarter of its value yesterday, as concern intensified that the U.S. recession will generate losses and weaken demand for financial services.
  • Congress rushes to extend jobless benefits Thursday, November 20, 2008 @ 3:40PM Jarred by new jobless alarms, Congress raced to approve legislation Thursday to keep unemployment checks flowing through the December holidays and into the new year for a million or more laid-off Americans whose benefits are running out.
  • Are Value Funds Broken? Thursday, November 20, 2008 @ 7:12AMTo the surprise of some investors, this historically sturdy strategy is getting pummeled.
  • SKorean stocks fall sharply after Wall Street drop Thursday, November 20, 2008 @ 7:11AMSEOUL, South Korea -- South Korean stocks fell for an eighth straight session Thursday, and the won dropped against the U.S. dollar to levels not seen in more than a decade, as a sell-off on Wall Street and worries about the world economy shook investors.
  • (AFX UK Focus) 2008-11-20 12:45 UPDATE 2-Crisis will not sink Russian economy - Putin Thursday, November 20, 2008 @ 7:06AMBy Gleb Bryanski and Denis Dyomkin
  • (AFX UK Focus) 2008-11-18 01:30 HK shares seen lower on global economic worries Monday, November 17, 2008 @ 7:53PMHONG KONG, Nov 18 (Reuters) - Hong Kong shares are expected to open lower on Tuesday, as investors fret over a protracted global economic downturn that could further hurt shares in export-oriented companies.
  • Decline Expected For Hong Kong Market Monday, November 17, 2008 @ 7:49PM(RTTNews) - After halting on Friday the three-day losing streak that had cost it more than 1,500 points or 10 percent, the Hong Kong stock market turned right back to the downside again on Monday - albeit barely.
  • (AFX UK Focus) 2008-11-18 01:30 JGB futures edge up, supported by economy worries Monday, November 17, 2008 @ 7:37PMBy Masayuki Kitano
  • Goldman, Morgan Stanley Squeeze Exchanges With New Platforms Monday, November 17, 2008 @ 7:22PMNov. 18 (Bloomberg) -- Goldman Sachs Group Inc. , Morgan Stanley and investment banks in Europe are using the early success of new trading platforms they have backed to push exchange fees lower.
  • Bank of America to Pay $7 Billion for China Construction Stake Monday, November 17, 2008 @ 7:12PMNov. 18 (Bloomberg) -- Bank of America Corp. will pay about $7 billion to almost double its three-year-old stake in China Construction Bank Corp. , three weeks after being awarded $15 billion from the U.S. government to thaw frozen credit markets.
  • Stocks’ wild ride should continue this week Sunday, November 16, 2008 @ 4:31PMThe stock market is trying to form a bottom, but the economic landscape keeps changing.
  • S.C.’s largest bank says it will get $347 million Friday, November 14, 2008 @ 11:12PMThe largest bank based in South Carolina said Friday it’s in line to receive $347 million from the federal bailout fund, a move criticized by the governor. Granted preliminary approval, the taxpayer-funded infusion would help The South Financial Group make up the $249 million it has lost this year. Like a number of banks nationwide, the parent of Carolina First is struggling because of bad real ...
  • Perini Corporation Announces $100 Million Share Repurchase Program Thursday, November 13, 2008 @ 4:31PMPerini Corporation (NYSE: PCR), a leading building, civil construction and construction management
  • CF Industries Completes $500 Million Stock Repurchase Program Thursday, November 13, 2008 @ 4:26PM DEERFIELD, Ill.----CF Industries Holdings, Inc. today reported today that it has completed its program to repurchase $500 million of the company’s common stock. The company had announced the repurchase authorization on October 27, 2008.
  • (AFX UK Focus) 2008-11-13 22:01 Big hedge funds say US bank bailout a "sweet deal" Thursday, November 13, 2008 @ 4:24PMBy Karey Wutkowski
  • HL:Business staffing plans for Thursday, Nov. 14, 2008@ Thursday, November 13, 2008 @ 4:19PMBUSINESS EDITORS:@ Here are Canadian Press Business staffing plans as of 5 p.m. ET. Plans may change as circumstances warrant. Queries should be addressed to business editor John Valorzi at 416-507-2146 or Dave Paddon on the business desk at 416-507-2138 or Craig Wong at 613-231-8631.
  • TSX moves up five per cent, Dow nearly seven per cent in afternoon surge Thursday, November 13, 2008 @ 4:19PMTORONTO - North American markets ended Thursday with an enthusiastic surge in the final hours of trading as investors snapped up deals and tested whether the market has priced in its share of bad economic news.
  • Perini Corporation Announces $100 Million Share Repurchase Program Thursday, November 13, 2008 @ 4:18PM FRAMINGHAM, Mass.----Perini Corporation , a leading building, civil construction and construction management company, today announced that its Board of Directors has authorized a program to repurchase up to $100 million of the Company’s common stock over the next 12 months.
  • JapanToday: Japan News and Discussion ジャパントゥデイ:日本のニュースを英語で読む Thursday, November 13, 2008 @ 4:16PMU.S. President George W Bush asserted Thursday that the global financial crisis is “not a failure of the free market” and urged world leaders to adopt modest financial reforms that stop short of the tighter regulations Europeans favor.
  • Washington Finance Summit Seeks Ways to Combat Economic Slowdown Thursday, November 13, 2008 @ 9:51AMAmid a dramatic global economic slowdown, leaders of 20 developing and industrialized economies are holding an emergency summit in Washington Saturday, November 15. VOA economics correspondent Barry Wood reports on what may result from a meeting whose formal discussions will last only five hours.
  • Europe Stocks Fall on Economy Concern; Barclays, BHP, DSG Drop Thursday, November 13, 2008 @ 9:50AMNov. 13 (Bloomberg) -- European stocks fell for a third day, led by banks and commodity producers, as Germany sank into recession and the OECD forecast a global slump.
  • US, European markets steady after latest sell-off Thursday, November 13, 2008 @ 9:49AM(AP:LONDON) European and U.S. stock markets were little changed Thursday, taking a breather after hefty losses this week despite further woeful U.S. jobs news. Asian shares closely sharply lower.
  • Hedge-Fund Assets Shrink by $100 Billion Last Month (Correct) Thursday, November 13, 2008 @ 9:47AM(Corrects to remove reference to Man Group redemptions in first paragraph, adds breakdown for asset drop in sixth.) Nov. 13 (Bloomberg) -- The global hedge-fund industry lost $100 billion of assets in October, according to an estimate from Eurekahedge Pte , as firms including Sparx Group Co. were hammered by investor withdrawals.
  • U.S. Stocks Advance as Energy Producers Rally on Valuations Thursday, November 13, 2008 @ 9:47AMNov. 13 (Bloomberg) -- U.S. stocks gained for the first time this week as investors snapped up energy shares trading at their cheapest valuation on record, overshadowing a jump in jobless claims and a worsening outlook for technology companies.
  • More good news at the pump Thursday, November 13, 2008 @ 9:44AMKnoxville area consumers battered by the struggling economy got another dose of good news at the gas pump on Thursday as the average price for a gallon of regular unleaded plunged 3.3 cents on Thursday to $2.091, according to AAA East Tennessee. Oil prices slid to near $55 a barrel.
  • Australia, New Zealand Shares Advance on Global Stimulus Plans Sunday, November 9, 2008 @ 6:01PMNov. 10 (Bloomberg) -- Australia and New Zealand shares rose for the first time in three days after China pledged a stimulus package and Taiwan cut interest rates, joining global efforts to revive economic growth.
  • China Unveils 4 Trillion Yuan Spending as World Faces Recession Sunday, November 9, 2008 @ 5:44PMNov. 10 (Bloomberg) -- China pledged a 4 trillion yuan ($586 billion) stimulus plan to prop up growth in the fourth-largest economy as the world heads toward a recession.
  • ○ Falling BIS ratio and rising loan delinquencies Sunday, November 9, 2008 @ 5:37PMThe soundness of Korean banks is worsening, and though the situation is not as serious as in the financial crisis of 1997-98, the worsening financial health of banks will undermine foreign investor trust in the Korean market.
  • KOSPI May Trade Higher On Monday Sunday, November 9, 2008 @ 5:33PM(RTTNews) - After halting on Thursday the five-day winning streak that saw the market collect nearly 200 points and more than 20 percent, the Sough Korean stock market turned right back to the upside again on Friday.
  • AOC, Casio, Kubota, Resona, Takeda: Japanese Equity Preview Sunday, November 9, 2008 @ 5:31PMNov. 10 (Bloomberg) -- The following companies may have unusual price changes in Japanese trading today. Stock symbols are in parentheses, and share prices are from the previous close. The information in each item was released after markets shut, unless stated otherwise.
  • History of finance: Wall Street corners mark it Sunday, November 9, 2008 @ 4:48PMNEW YORK -- The enduring symbols of Wall Street’s fabled, turbulent history are inescapable on this walk through the epicenter of American capitalism.
  • Economic crisis is top priority, says Obama Friday, November 7, 2008 @ 7:04PM Barack Obama said he would put plans to create jobs and re-energise the US economy at the top of his agenda and pledged to work in a "spirit of bipartisanship" with George Bush during the long handover of power.
  • Cattle Market Notes: Light Slaughter Numbers, Calf Prices Up Friday, November 7, 2008 @ 6:34PMLast week, cash fed cattle prices ranged from $90 to $92 in most regions. Corn Belt prices were a bit lower at mostly $88 by the end of the week on clean-up sales. Last week’s strong showing on the Live Cattle futures market established expectations of improving prices this week.
  • World stocks lower despite European rate cuts Thursday, November 6, 2008 @ 9:55AM World stock markets fell Thursday despite interest rate cuts across in Europe, including a much bigger than anticipated reduction from the Bank of England, as investors continued to fret about the outlook for the global economy.
  • Oil tumbles below $62 on recession fears Thursday, November 6, 2008 @ 9:53AM Oil prices tumbled below $62 a barrel Thursday with more evidence that a long and painful recession may be on the way.
  • Oil tumbles below $62 on recession fears Thursday, November 6, 2008 @ 9:53AM Oil prices tumbled below $62 a barrel Thursday with more evidence that a long and painful recession may be on the way. The number of Americans continuing to draw unemployment benefits surged to a 25-year high, the Labor Department said.
  • America’s 10 healthiest supermarkets Thursday, November 6, 2008 @ 9:48AM Health magazine asked six prominent experts to help pick the top 10 healthiest grocery stores out of the nation’s major chains. And surprise: Many are traditional — and affordable — grocers likely to be close to your home.
  • U.S. Elections And The Stock Market Thursday, November 6, 2008 @ 9:46AMPre-election campaign promises often create some euphoria among voters and investors alike.
  • Oil extends loss below $65 Thursday, November 6, 2008 @ 1:13AM Oil fell below $65 a barrel on Thursday, extending a 7 percent overnight drop, weighed down by a strengthening dollar and as dismal economic data in the United States sharpened fears of a deep and lasting global recession.
  • 06.11.2008 - DJ euro adhoc: adidas AG / Financial Figures/Balance Sheet / Currency-neutral Group sales grow 11% in the ... Thursday, November 6, 2008 @ 1:09AM=------------------------------------------------------------------------------- Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
  • With Obama, US leads by example Wednesday, November 5, 2008 @ 8:45PMCongratulations from around the world are due to Senator Barack Obama, whose triumph as the 44th president and the first African-American president of the United States is shared by many countries, communities and individuals.
  • Cisco sales growth slowest in 3 years Wednesday, November 5, 2008 @ 8:02PMn Profit remains stable but outlook sours with the economy
  • Clamour grows for radical base rate cut by the Bank of England Sunday, November 2, 2008 @ 6:30PMThe Bank of England is under intense pressure to cut interest rates this week, with one prominent economist adding his voice to calls for borrowing costs to be lowered by a full percentage point.
  • Taiwan Shares May Open Higher Sunday, November 2, 2008 @ 6:30PM(RTTNews) - The Taiwan stock market has finished higher now in four straight sessions, collecting more than 500 points or 10 percent in the process after a tough four-day losing streak that took it to a five-year closing low.