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Asian stocks drop on dark global outlook
October 22, 2008 on 10:58 pm | In Business News | No CommentsHONG KONG (Reuters) - Asian stocks dropped to a four-year low for a second day on Thursday, with exporters especially hard hit, on growing fears that a severe global downturn would depress corporate earnings further.
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Asian stocks drop on dark global outlook
Rio Tinto takes biggest tumble since 1987 crash
October 22, 2008 on 10:16 pm | In Business News | No CommentsSYDNEY (Reuters) - Shares in global miner Rio Tinto suffered their heaviest fall since the 1987 stock-market crash on Thursday, after it dismissed rumours it was warming to a $62 billion (38 billion pound) takeover by …
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Rio Tinto takes biggest tumble since 1987 crash
Asia stocks drop on dark global outlook
October 22, 2008 on 9:36 pm | In Business News | No CommentsHONG KONG (Reuters) - Asian stocks dropped to a four-year low for a second day on Thursday, with exporters especially hard hit, on growing fears that a severe global …
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Asia stocks drop on dark global outlook
Retail spending set to fall in holiday run-up
October 22, 2008 on 9:33 pm | In Business News | No CommentsLONDON (Reuters) - Spending on non-food items on the high street is set to fall in the run up to Christmas for the first time in more than a decade, research forecast on Thursday.
Financial crisis summit set for November 15
October 22, 2008 on 4:43 pm | In Business News | No CommentsWASHINGTON (Reuters) - U.S. President George W. Bush will host world leaders on November 15 to discuss the financial crisis and brainstorm on how to reform the system to prevent another meltdown, the White House said on Wednesday.
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Financial crisis summit set for November 15
Commodities hit as credit crisis spreads
October 22, 2008 on 4:38 pm | In Business News | No CommentsNEW YORK (Reuters) - The crisis that has stalked U.S. and European financial markets for a year slammed the developing world on Wednesday, knocking stock and commodity prices to multi-year lows and igniting greater fears of a global recession.
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Commodities hit as credit crisis spreads
Global stocks and commodities fall
October 22, 2008 on 2:24 pm | In Business News | No CommentsNEW YORK (Reuters) - Global stock markets and commodities prices slid again on Wednesday as a plunge in emerging market assets, warnings of a British recession and widespread deleveraging fed investors’ fears.
FTSE closes 4.5 percent lower
October 22, 2008 on 12:56 pm | In Business News | No CommentsLONDON (Reuters) - The leading share index ended 4.5 percent lower on Wednesday, with mounting recession fears further undermining sentiment on ailing banks and demand worries knocking commodity stocks.
Bank gives few rate cut clues
October 22, 2008 on 12:36 pm | In Business News | No CommentsLONDON (Reuters) - Bank of England policymakers unanimously backed this month’s emergency interest rate cut, minutes showed on Wednesday, but analysts said they shed little light on how far borrowing costs would ultimately fall.
Retail sales likely to show sharp fall in September
October 22, 2008 on 12:33 pm | In Business News | No CommentsLONDON (Reuters) - Most analysts reckon retail sales fell sharply in September as economic woes weighed on consumers, but it’s far from certain whether official data on Thursday will reflect that view.
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