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Asia stocks fall as financial crisis rolls on
August 25, 2008 on 10:51 pm | In Business News | No CommentsHONG KONG (Reuters) - Asian stocks fell more than 1 percent on Tuesday, after more trouble in the U.S. financial sector, including a ninth bank failure, reminded investors of the frail state of the global economy.
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Asia stocks fall as financial crisis rolls on
BHP shuts Australia iron ore mine after fatality
August 25, 2008 on 9:47 pm | In Business News | No CommentsSYDNEY (Reuters) - BHP Billiton Ltd has shut its Yandi iron ore mine in Australia after a man was killed in an industrial accident, a BHP spokeswoman said on Tuesday.
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BHP shuts Australia iron ore mine after fatality
Reed took re-bids for magazine unit
August 25, 2008 on 9:36 pm | In Business News | No CommentsNEW YORK (Reuters) - Bidders for Anglo-Dutch publisher Reed Elsevier’s trade magazine unit were allowed to re-bid last week, and bids came in slightly lower than the first round, sources briefed on the matter said.
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Reed took re-bids for magazine unit
U.S. stocks slide sharply
August 25, 2008 on 4:29 pm | In Business News | No CommentsNEW YORK (Reuters) - U.S. stocks fell sharply on Monday as persistent credit and global growth concerns pulled equities down and led investors into safe-haven investments like bonds.
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U.S. stocks slide sharply
Oil extends slide on demand concerns
August 25, 2008 on 2:39 pm | In Business News | No CommentsNEW YORK (Reuters) - Oil prices slipped on Monday as demand worries due to surging fuel costs outweighed supply concerns caused by a tropical depression in the Caribbean.
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Oil extends slide on demand concerns
Hopes for Korean investment in Lehman take a hit
August 25, 2008 on 1:44 pm | In Business News | No CommentsSEOUL (Reuters) - A top regulator on Monday voiced concern about state-run Korea Development Bank’s (KDB) interest in buying a global bank such as Lehman Brothers Holdings , saying KDB should be just a “cheerleader” and let local private banks take the lead in any such purchase.
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Hopes for Korean investment in Lehman take a hit
Financials drag European stocks
August 25, 2008 on 1:02 pm | In Business News | No CommentsFRANKFURT (Reuters) - European shares fell on Monday with banks such as Spain’s Santander hit by ongoing worries about the health of the sector and with lower oil prices denting energy heavyweights Shell and Total.
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Financials drag European stocks
Financials pull European stocks lower
August 25, 2008 on 12:50 pm | In Business News | No CommentsFRANKFURT (Reuters) - European shares fell on Monday with banks such as Spain’s Santander hit by ongoing worries about the health of the sector and with lower oil prices denting energy heavyweights Shell and Total.
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Financials pull European stocks lower
Source says IMF cuts world growth outlook
August 25, 2008 on 12:39 pm | In Business News | No Comments(Reuters) - The International Monetary Fund has trimmed its forecasts for 2008 and 2009 world economic growth, largely due to a marked worsening in the outlook for the euro zone, a G20 finance official told Reuters on Monday.
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Source says IMF cuts world growth outlook
Oil falls to $114
August 25, 2008 on 10:58 am | In Business News | No CommentsLONDON (Reuters) - Oil fell to $114 a barrel on Monday, extending the previous session’s steep losses that were prompted by …
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Oil falls to $114
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