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Main Page  »  News  »  Finance
View Article  European stocks plunge
European stocks continue to tumble on Friday, mirroring a tailspin
in Asian shares, as investors were rattled by fear of prolonged recession in
Britain.

*British economy shrinks in third quarter
*European companies issue profit warnings
...   more »
View Article  Internet retail investors rough ride the wild market fluctuations in Japan
Wild market fluctuations have meant a surprising surge in retail investors
seeking a quick buck off stock trading on the internet in Japan.

(ASIA) TOKYO, JAPAN (OCTOBER 24, 2008) REUTERS -
In Japan, when the ...   more »
View Article  Greenspan "shocked" by breakdown
Former Federal Reserve Chairman Greenspan said he was "shocked" by
the breakdown in the credit system and told Congress the crisis was once in a
century.

Greenspan was hailed as one of the most accomplished ...   more »
View Article  U.S. stocks drop as recession fear mounts and job cuts are announced
U.S. stocks fall on Thursday following a spate of disappointing corporate
profits and outlooks as well as job cut announcements.

NEW YORK CITY, NEW YORK, UNITED STATES (OCTOBER 23, 2008) NYSE -

U.S. stocks fell ...   more »
View Article  European stocks fall and flirt with 5-year lows
European stocks fall for a third day in a row, hot on the heel of losses in
Asia and the United States.

PARIS, FRANCE (OCTOBER 23, 2008) REUTERS -
European stocks sank nearly three percent ...   more »
View Article  Derivatives: scapegoats of the crisis?
Complex, opaque, shadowy - the largely unregulated world of credit
derivatives has come to embody all that needs fixing in the broken financial
system.

Concern over banks' exposure to the debt of others through such
...   more »
View Article  Economy experts slam U.S. government for current crisis
Economy experts attack the Bush government's disastrous fiscal management
and agree that it will take some time before there is an upturn in the
economy.


NEW YORK CITY, NEW YORK, UNITED STATES (OCTOBER 20, 2008) ...   more »
View Article  Stocks rise on promise of increased government spending
U.S. stocks rally after more government spending is promised to help boost
the U.S. economy.

NEW YORK, NEW YORK, UNITED STATES (OCTOBER 20, 2008) NYSE -
U.S. stocks rallied on Monday (October 20) after the ...   more »