Article List
- 2008-10-09 08:04:45 EU leaders move swiftly to bolster market confidence
After a raft of unprecendented rescue measures across Europe and the US, the focus in the world of finance has switched to building up confidence.
- 2008-10-08 08:36:41 US Federal Reserve hints at interest rate cut
US Federal Reserve Chairman Ben Bernanke has signalled that he is ready to lower interest rates.
- 2008-10-07 11:12:26
- 2008-10-02 11:54:55
- 2008-10-01 08:08:46 Global markets rally ahead of Senate bail-out vote
The Dow Jones was up five percent at the close of trading on Wall Street last night, a reflection of fresh hope over the planned financial bail out bid.
- 2008-09-30 08:09:59 Back to the drawing board in the US
Analysts say without a bail-out plan, banks will be left to handle their own bad mortgage debt, putting more of them at risk of going to the wall and bringing the country closer to economic collapse.
- 2008-09-29 00:00:01 Dollar's Future Muddled By Financial Crisis, Expected Fed Cuts, NFPs
...First and foremost, fundamental greenback traders’ main concern in the days ahead will be the progress of the proposed bailout plan...
- 2008-09-25 09:59:18 Bush warns the entire US economy is “in danger”
The government’s top economic experts warn that, without immediate action by Congress, America could slip into a financial panic.
- 2008-09-24 08:41:35 Uncertainties over Paulson’s bank bailout plan
Under the Paulson plan up to 700 million dollars – around 475 billion euros – will be diverted from the public coffers to buy bad mortgage debt, the famous ‘toxic assets’.
- 2008-09-23 10:50:59 End of an era in investment banking
The worst financial crisis since the Great Depression has created 500 billion euros of toxic – that is potentially worthless – investments.
