Karachi stocks reflect relief

Posted by admin on August 20, 2008 under News | Be the First to Comment

Karachi stocks reflect relief
Pakistan's benchmark Karachi stock exchange index rose about 1.8 per cent on Tuesday and the rupee gained more than 2 per cent against the US dollar as investors welcomed the easing of political tensi…

Stocks rise as oil prices decline (AP)

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Stocks rise as oil prices decline (AP)

Traders work on the floor of the New York Stock Exchange August 8, 2008. (Joshua Lott/Reuters)AP – Stocks turned higher Wednesday as oil prices fell and financials pared their losses, allowing investors to focus on an upbeat profit report from Hewlett-Packard Co.


Oil stocks end higher as crude price snap three-day decline

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Oil stocks end higher as crude price snap three-day decline
SAN FRANCISCO (MarketWatch) — Oil stocks racked up solid gains Tuesday as crude-oil prices staged a sharp turnaround and bargain hunters returned to the sector following three straight days of losses…

China shares surge 7.63 pct on policy support hopes (AFP)

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China shares surge 7.63 pct on policy support hopes (AFP)

File photo shows a Chinese investor passing a stock price board at a private securities firm in Shanghai. Chinese share prices have surged to close 7.63 percent higher on Wednesday amid renewed hopes that Beijing will soon act to support the ailing stock market(AFP/File/Mark Ralston)AFP – Chinese share prices surged to close 7.63 percent higher on Wednesday amid renewed hopes that Beijing will soon act to support the ailing stock market, dealers said.


Tokyo stocks dive on Wall St. plunge due to renewed financial jitters+

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Tokyo stocks dive on Wall St. plunge due to renewed financial jitters+
jitters+ (AP) – TOKYO, Aug. 19 (Kyodo)—(EDS: ADDING DETAILS AND PRICES) Tokyo stocks closed sharply lower Tuesday, with the key Nikkei index shedding more than 300 points, as an overnight plunge …

US regulators, exchanges move to squeeze insider trading (AFP)

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US regulators, exchanges move to squeeze insider trading (AFP)

US Securities and Exchange Commission Chairman Christopher Cox is pictured in July 2008. US regulators and ten stock exchanges, including the New York Stock Exchange (NYSE), have forged a new alliance to clamp down on illegal insider trading, the Securities and Exchange Commission announced Wednesday.(AFP/Getty Images/File/Alex Wong)AFP – US regulators and ten stock exchanges, including the New York Stock Exchange (NYSE), have forged a new alliance to clamp down on illegal insider trading, the Securities and Exchange Commission announced Wednesday.


Stocks tumble on financial sector fears; Dow falls 180 points

Posted by admin on August 19, 2008 under News | Be the First to Comment

Stocks tumble on financial sector fears; Dow falls 180 points
NEW YORK — Stocks fell sharply Monday as investors once again questioned when the financial sector would be able to turn itself around. The Dow Jones industrial average lost 180 points.A blistering …

Casino shares drop on talk of Macau visa cutbacks (Reuters)

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Casino shares drop on talk of Macau visa cutbacks (Reuters)
Reuters – Shares of casino operators fell sharply on Tuesday amid concerns that the Chinese government may act to curtail visits by mainlanders to Macau, the only place in China where gambling is legal.

Tokyo Stocks Advance on Firm Dollar, Oil Price Fall

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Tokyo Stocks Advance on Firm Dollar, Oil Price Fall
Tokyo, Aug 18, 2008 (Jiji Press) – Stocks scored solid gains on the Tokyo Stock Exchange Monday, as the dollar's firm tone and crude oil prices' continued drop led investors to pick up bargains.The 22…

Stocks fall on inflation data, financial worries (AP)

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Stocks fall on inflation data, financial worries (AP)

Customers make purchases at a Home Depot story in Chicago, Friday, Aug. 8, 2008. The Home Depot Inc., the nation's largest home improvement retailer, reported a 24 percent drop in second-quarter profit Tuesday, Aug. 8, 2008, but beat Wall Street expectations. The company reiterated its downbeat outlook for the year amid a weak housing and home improvement market that shows no signs of recovery. (AP Photo/Charles Rex Arbogast)AP – Stocks fell sharply Tuesday after a hefty jump in wholesale inflation and a drop in new home construction gave investors more reasons to believe the economy won’t rebound anytime soon. The Dow Jones industrial average dropped by more than 100 points.