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Posted by admin on September 3, 2008 under News | 
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TSX battered by weak resource issues (Reuters)
Reuters – The Toronto Stock Exchange’s main index was hammered by a selloff in resources on Tuesday, plunging more than 3 percent as commodity prices fell, marking its worst day in more than seven months.
Posted by admin on September 2, 2008 under News | Be the First to Comment
MSCI pan-Asia stocks index at two-year low
Asian stocks fell to a 2-year low yesterday, led by sharp losses in Japanese stocks, where confusion reigned about the country's leadership. European stocks opened weaker.Deteriorating economic growth…
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Oil’s retreat not enough to sustain stock rally (AP)
AP – Wall Street succumbed to its ongoing angst Tuesday, giving up a sharp advance and turning moderately lower after falling oil prices failed to calm the market’s nervousness about the economy and the financial sector.
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China Investment Corp to start investing in Japan stocks
Sovereign wealth fund China Investment Corp (CIC) will begin to invest in the Japanese stock market, the Mainichi Shimbun reported, citing sources familiar with the matter. The CIC has entered the …
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SEC proposes international accounting plan (AP)
AP – Federal regulators on Wednesday proposed a plan to allow public companies to begin using international accounting standards for reporting financial results in two years, and may require them to do so starting in 2014.
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Australia stocks dip 0.6 pct; Atlas Mining jumps
Atlas Mining) MELBOURNE, Sept 1 (Reuters) – Australian shares fell 0.6 percent on Monday, tracking losses on Wall Street last week, with top miners lower on weaker base metals prices. By 0054 GM…
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Hedge fund Atticus loses more than $5 billion: source (Reuters)
Reuters – U.S. activist hedge fund Atticus Capital has lost more than $5 billion this year, a source familiar with the matter told Reuters, after its funds were hit by heavy falls in financial stocks.
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Gustav fears ease; sterling and stocks fall
By Jeremy Gaunt, European Investment CorrespondentLONDON (Reuters) – Financial markets began the month in a volatile mood on Monday with economic fear driving equities lower and gloom about Britain's …
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Asia stock markets tumble on worries about slump (AP)
AP – Stocks fell around the world Monday, led by Asian exchanges as concerns about a slowing global economy weighed heavily on the markets. Oil prices declined sharply as Hurricane Gustav weakened, but investors were still waiting to see how much damage the storm might do to Gulf Coast oil operations.
Posted by admin on September 1, 2008 under News | Be the First to Comment
Thai stocks, baht suffer as unrest scares investors
BANGKOK, Thailand — Thai stocks neared a one-month low and the baht weakened on Monday as investors worried about anti-government protests, and the trend is likely to continue as no immediate end to …
