PAKISTAN BACK TO BEGGING under ‘DEMOCRACY’!

Pakistan’s foreign currency reserves are falling fast and if forward liabilities are included, the real reserves may go down to $3 billion. This cannot meet the import bill of one whole month. Out of total reserves of $8.467 billion, the reserves held by the commercial...

South Korea unveils stimulus as markets eye more rate cuts

" SINGAPORE (Reuters) - South Korea unveiled an economic stimulus plan on Monday and markets geared for more interest rate cuts in Europe and Australia in a frantic campaign to keep the financial crisis from...

Election and jobs to set tone for stocks

This is the voice of the street after 4th november it wil be diffrent picture of the markets.." NEW YORK (Reuters) - Wall Street hopes to turn a new page as it heads into November, but next week is littered with...

Asian stocks soar on rate cut hopes

The buying spree led US sharing soaring on Tuesday and Wall Street had  the second-largest point gain in history for blue chips. The fresh hope in the market came with expectation of  a rate cut and...

British law to force companies to reveal pollution levels

A new law being proposed in the UK would identify the companies which pollute the most, and which companies are the cleanest. The goal is to allow consumers to make well-informed decisions about where they shop and purchase products, as well as to allow the government to...

Asian markets extend losses

The impact of the US financial crisis continues to strike some markets across Asia today. "Japan's Nikkei fell more than two per cent on Tuesday to drop below the 7,000 point mark for the first time since...

Asian stocks struggle amid recession worries

Led by the Tokyo stock exchange, Asian shares fell sharply in Monday's trading. Investors are bracing for more volatility after last week's massive sell-off. The Nikkei index today hit its lowest intraday level...

Update: Islamic Financing video, Saudi stocks tank on oil's fall, recession f...

10% down, Dubai stock market double hit by low oil price and world crisis, no safe haven in the Arab world, the many skyscrapers are not Innovators, they produce no added value, just cost money for Air condition. ...

Roubini: Panic may shut markets

Everyone is starting to listen to Nouriel Roubini.  His predictions have been remarkably accurate and his latest is his most stark."Oct. 23 (Bloomberg) -- Hundreds of hedge funds will fail and policy makers...

Asian markets plunge after Wall Street slide

Taking cue from US stocks market of  Wednesday,  Asian stocks tumbled Thursday as fears that the world's biggest economies are shrinking sparked fresh panic, despite continued efforts by several governments to ease the financial crisis and bail out packages. The...

volatility rule.

"Huge stock market swings around the world this week have been triggered by conflicting signs of a thawing of the credit freeze against the inexorable onslaught of recession in the Group of Seven top economies. The frenetic trading has catapulted key volatility indices to...

Analyst fired for saying greed is bad in south korea

Some times relity really bites, this story about firing of an analyst proves teh point.He just tried to comment on the greedy behaviour of excessive money making, which resulted in losing his own bread and  butter. "   Han Sang-choon, deputy head of Mirae Asset...

The Real Debate: Crony Socialism or Economic Sovereignty?

Ellen Brown, author of "Web of Debt" about the monetary system, comments here on the Wall Street Bailout, the economy and the monetary, and presents options for making it work for the public interest, instead of only for crony capitalist corporate socialist bankers....

Indian stock market Sensex plunges 600 points

Indian Stocks had a bleak opening on Thursday with deepening worries over a prolonged global economic recession. The absence of confidence spurred a huge sell off across global markets. " Stocks opened almost 600 points down on Thursday with deepening worries over a prolonged...

DOW Plunges 733 as new data points to recession

More volatility in the stock market........" NEW YORK (AP) -- Investors agonizing over a faltering economy sent the stock market plunging all over again Wednesday after two disheartening reports convinced...

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