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Posted by admin on September 6, 2008 under News | 
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Global shares slide on economy fears (AFP)
AFP – World stock markets tumbled Friday on a weak outlook for the global economy following further disappointing US and European data, dealers said.
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Battered US markets in intensive care
U.S. stocks weren't going anywhere Friday, after Thursday's brutal sell-off which saw the Dow lose 345 points.
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US stocks fall on poor retail sales figures (FT.com)
FT.com – A battered financial sector led Wall Street into bear market territory on Thursday, as Bill Gross, manager of the bond fund Pimco, warned that a “financial tsunami” could ensue if the government failed to support markets.
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India copper slides on stocks, dollar weighs
MUMBAI : Indian copper futures fell on Friday after a huge rise in inventories coupled with demand concerns weighed on investor sentiment, analysts said.
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European shares mostly lower before interest rate calls (AFP)
AFP – Share prices fell sharply in Frankfurt and Paris on Thursday ahead of European Central Bank president Jean-Claude Trichet’s press conference due after the central bank’s latest call on interest rates.
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SanDisk a rare tech gainer as sector stumbles early
SAN FRANCISCO (MarketWatch) — Technology stocks were mostly in the red Friday as the sector continued with its week-long decline, but memory chipmaker SanDisk Corp. bucked the losing trend following …
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US stocks fall on poor retail sales figures (FT.com)
FT.com – A battered financial sector led Wall Street into bear market territory on Thursday, as Bill Gross, manager of the bond fund Pimco, warned that a “financial tsunami” could ensue if the government failed to support markets.
Posted by admin on September 5, 2008 under News | Be the First to Comment
Global stocks pressured as economic gloom mounts
global demand helped push crude oil down to a fresh five-month low and hammered industrial metals after a hefty rise in copper inventories triggered a sell-off. Copper and aluminium both tumbled to…
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GE may face civil action on securities violations (AP)
AP – General Electric Co. says it has been informed that the Securities and Exchange Commission may recommend fines and other action for possible violations of securities law related to accounting changes the company made.
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Tokyo stocks plunge over 2% as global economic worries mount+
TOKYO, Sept. 5 (AP) – (Kyodo)(EDS: ADDING DETAILS AND PRICES) Tokyo stocks plunged over 2 percent Friday, with key indexes falling to their lowest levels since mid-March, on mounting worries abo…
