Europe banks extend rally on state aid, US plan

European markets have opened higher after a strong performance by Asian exchanges. The major European markets have opened up 4 percent or mote, and are still rising. The rise is probably partly due to the dramatic...

Indian stock Markets firm on strong global cues

Indian Equities witnessed across the board buying activity as sentiments turned bullish after governments across the world tried to keep financial systems running by injecting  fresh liquidity. "The...

Wall Street rises on bank rescues, Morgan

" NEW YORK (Reuters) - Stocks rose on Monday as a push by governments around the world to pump money into the clogged banking system sparked relief among investors and credit markets showed signs of loosening up. The Dow Jones industrial average .DJI was up 404.29 points,...

Most Asian stocks rise

Stock Investors in Asia seemed encouraged by governments measures to free up liquidity, including easing regulations for share buybacks and corporate financial reserve limits in different countries. Indian stock market started with positive note and sustained...

Obama maintains a 4-11% point lead Over McCain. Weekly Poll Roundup

Senator Barack Obama still holds a commanding lead following the Town Hall Debate.  Many are contributing Obamas lead based on current economic conditions.  Others atttribute McCains 4-11% deficiet due...

Asia stocks Markets hit new lows as crisis deepens

All the efforts by several governments - including  the mother of all bail out plan the establishment of a US$700 billion (S$1 trillion) rescue fund is not yielding any results and have failed to revive the investors confidence. Many Asian and European governments have...

Early London rally wiped out, European market volatile

Stock markets across Asia-Pacific bounced back after huge losses for last many days in early trading. Several governments took desperate economic measures to survive the crisis. Indian government had cut down...

Dow Drops 369.88 Points, Below 10000, Lowest level in 4 years, down 3.5%

"Oct. 6 (Bloomberg) -- Stocks tumbled around the world, the euro fell the most against the yen since its debut and oil dropped below $90 a barrel as the yearlong credit market seizure caused bank bailouts to...

Dow falls 300Points, Now Under 10,000-- Market Report - Oct. 6, 2008

" Stocks tumbled Monday, with the Dow Jones industrial average falling below 10,000 for the first time in nearly four years, as European governments' rush to prop up failing financial firms underscored the...

European, Asian markets slide on banking worries

Overnight, Asian markets dropped and the big European markets plummeting just minutes after opening.  The drops were widely expected following a weekend where European leaders met to stem the growing, global...

Indian shares fall more than 2 pct in early trade

Indian stock markets have opened on monday sharply lower following weak global cues. Selling pressure is seen in metal, realty, telecom, power, capital goods, oil & gas and banking stocks. Nifty is trading at lowest level since March 20, 2007."Indian shares fell more than...

France to announce new bank measures by end of week

Anticipating bank failures in the coming weeks, French president Nicolas Sarkozy will institute measures to guarantee savings in French banks. Since France holds the EU presidency, he is also hoping to lead by...

Stocks Fall in Asia after US Bailout Failure

Japan's Nikkei stock index fell almost 5% today in early trading, just hours after the US House of Representatives voted down the $700 billion Wall Street bailout plan and the DJI fell a record-breaking 777 points."It came after a day of turmoil in the US and Europe, with...

So Much for 'Decoupling from US Dollar'

Decoupling from the U.S. dollar has been bandied about since 2002, by our socialist friends to the north -- Canada.  Well, get used to folks... we're all in this mess together, as the saying goes "when the U.S. sneezes the world gets a...

Google Launches Audio Indexing

Google has a new app in beta called GAudi, which is going to crawl political youtube vids and make transcripts searchable."As the Web becomes more sophisticated and audio and video becomes a more important part of our online lives, we need something that will help us sift...

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