>> ASIAONE / NEWS / LATEST NEWS / BUSINESS
BoJ pumps $14.4b into mkts
Part of efforts by the world's central banks to ensure a flow of cash vital to the financial system. -AFP
Panic sweeps Europe
EU battles to restore confidence in banking system. -AFP
STI opens lower
STI dropped 37.43, or 1.76 pct. -ST
Chinese port city raises tax rebates for exporters
Tax rebates for exporters increased by US$832.3m to help them better survive economic downturn. -Reuters
Govts provoking bank runs
Each move by one govt to insure deposits from risk raises pressure on others to do likewise. -AFP
2-day cooling off period
Suitors Wells Fargo and Citigroup agreed to a two-day 'standstill' on litigation actions over Wachovia. -AFP
Replace G7: Zoellick
It should be replaced by a group that includes emerging economic powers like China and India. -Reuters
Lehman's Fuld: Where was our bailout?
Disgraced head of Lehman Brothers wonders why the US govt did not rescue the 158-year-old Wall Street firm. -Reuters
  Dow dives below 10,000 on credit, recession fears
Fears the global economy was hurtling into recession despite government efforts to contain the fast-spreading financial crisis. -Reuters
I'll stick to fixed deposits
An $80,000 investment in a 'capital protected' fund didn't turn out too well. 		 
  The day I almost lost my head
Swayed by the crowd, I nearly gave up my eight AIA policies but good sense prevailed.
She's one cool customer
Market dips don't scare Savills director who believes in long-term investments. 		 
  Bull or bear market, you can make money
STI Futures give retail investors a chance to profit even from a falling stock market.
London's City boys lived it up while it lasted
They had it coming, so do not shed tears for them. 		 
  Will they have to give these up?
Seven-figure bonuses are now history - so bankers are tightening their Gucci belts and downscaling lifestyles.
US stocks slide at opening
Dow plummeted below 10,000 points for the first time in four years. -AFP
Fed to pay interest on reserves
It will also expand bank refinancing operations to US$900b by year-end. -AFP
Pope on financial turmoil
Global crisis shows that faith in God trumps a lifetime spent pursuing material wealth, he said. -Reuters
Panic grips world stock markets
Investors doubt whether a Wall Street bailout package would stem the global financial crisis. -AFP
ECB renews one-day loans
This in an effort to keep cash pumping through tight interbank money markets. -AFP
 
We welcome contributions, comments and tips.
a1admin@sph.com.sg
9180 1253 (SMS)
6319 8177

READERS' POSTINGS
"This is great to keep overseas Singaporeans connected to home news and affairs."

"My favourite was "The Aftermath for Malaysia Election" - (in my opinion), this was a very well crafted world standard image, it is even suitable for a Time magazine cover!"
Read more
   

Search: