HK stocks decline, Bank of East Asia plunges to 2-year low

Posted by admin on August 5, 2008 under News | Be the First to Comment

HK stocks decline, Bank of East Asia plunges to 2-year low
(2 hrs 44 mins ago) Hong Kong stocks fell, dragging the benchmark index to its worst drop in three weeks, after Bank of East Asia (0023) and HSBC Holdings (0005) said earnings declined on losses rel…

Citigroup faces charges by Cuomo, SEC probe (AP)

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Citigroup faces charges by Cuomo, SEC probe (AP)
AP – New York Attorney General Andrew Cuomo on Friday said he is prepared to charge Citigroup Inc. with fraudulent sales of auction-rate securities and with the destruction of key documents.

Can the Market Predict a President

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Can the Market Predict a President
Should John McCain and Barack Obama be keeping a close eye on the stock market? Recently, a friend told me that the price performance of the Standard & Poor's 500-stock index during the three cale…

Foreign Currency ETFs Have A Good Month (Investor’s Business Daily)

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Foreign Currency ETFs Have A Good Month (Investor’s Business Daily)
Investor’s Business Daily – Foreign bond and currency ETFs were a good bet in July, even as the U.S. stock markets and the dollar have rallied.

Aussie stocks nosedive, led by the US market

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Aussie stocks nosedive, led by the US market
The Australian share market opened lower today led by the resources sector and after US equities fell overnight on worries about accelerating inflation. At 8.15am, the benchmark S&P/ASX200 index …

London shares close higher (AFP)

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London shares close higher (AFP)

Blue chips closed higher as Wall Street remained firmer, with Rexam, Admiral and Aviva all continuing to gain after positive earnings news.(AFP/File/Ben Stansall)AFP – Blue chips closed higher as Wall Street remained firmer, with Rexam, Admiral and Aviva all continuing to gain after positive earnings news.


Motorola surprises Wall Street

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Motorola surprises Wall Street
CNET News.com Staff Read about the latest earnings reports from technology's leading players. This page is updated as new reports are filed.

SEC extends restrictions on short-selling (AP)

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SEC extends restrictions on short-selling (AP)

In this May 2, 2007 file photo, the Fannie Mae building in Washington is seen. Rescue legislation sailed through the House Wednesday, July 23, 2008, aimed at helping 400,000 strapped homeowners avoid foreclosure and to prevent troubled mortgage giants Fannie Mae and Freddie Mac from collapsing. (AP Photo/Manuel Balce Ceneta, file)AP – Federal regulators on Tuesday extended through mid-August a temporary order banning a certain kind of short-selling of the stocks of mortgage finance companies Fannie Mae, Freddie Mac and 17 large investment banks.


SA rand, bonds shrug off CPI data, stocks jump

Posted by admin on August 4, 2008 under News | Be the First to Comment

SA rand, bonds shrug off CPI data, stocks jump
July 30, 2008 South Africa's rand weakened against the dollar on Wednesday and bonds gained, shrugging off worse-than-expected consumer inflation data, while local stocks followed global equities high…

Citigroup to be charged by Cuomo, faces SEC probe (Reuters)

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Citigroup to be charged by Cuomo, faces SEC probe (Reuters)

Pedestrians walk past a Citibank branch in San Francisco, California June 23, 2008. (Robert Galbraith/Reuters)Reuters – New York Attorney General Andrew Cuomo plans to imminently charge Citigroup Inc , accusing it of fraudulently marketing and selling auction-rate securities, and destroying documents that had been subpoenaed.