Stocks up on rate cut hopes

October 28, 2008 on 11:55 pm | In Business News | No Comments

HONG KONG (Reuters) - Asian stocks and government bonds rallied on Wednesday, on hopes the Bank of Japan and the Federal Reserve will cut interest rates this week to spur growth, while credit markets continued to show signs of recovery.

Go here to read the rest:
Stocks up on rate cut hopes

IMF and EU agree to rescue for Hungary

October 28, 2008 on 10:11 pm | In Business News | No Comments

WASHINGTON (Reuters) - The International Monetary Fund, the European Union and World Bank on Tuesday agreed to a $25.1 billion (15.66 billion pound) economic rescue package for Hungary to bolster confidence in its economy hit by the global financial crisis.

Read the rest here:
IMF and EU agree to rescue for Hungary

Stocks extend rally on hopes for rate cuts

October 28, 2008 on 9:33 pm | In Business News | No Comments

HONG KONG (Reuters) - Asian stocks and government bonds rallied on Wednesday, on hopes the Bank of Japan and the Federal Reserve will deliver interest rate cuts this …

View post:
Stocks extend rally on hopes for rate cuts

Watchdog warns on declining oilfield output

October 28, 2008 on 9:08 pm | In Business News | No Comments

LONDON (Reuters) - Output from the world’s oilfields is declining faster than previously thought, the Financial Times reported on Wednesday, quoting from a draft International Energy Agency report it had obtained.

More:
Watchdog warns on declining oilfield output

Financial crisis heralds era of “new seriousness”

October 28, 2008 on 9:05 pm | In Business News | No Comments

LONDON (Reuters) - Power tools roar as an army of workmen rushes to ensure Europe’s largest city-centre shopping mall opens on time, but marketing executives say the crisis in global financial markets has accelerated a trend among consumers to reject conspicuous consumption.

View original here:
Financial crisis heralds era of “new seriousness”

Darling says policies must adapt to crisis

October 28, 2008 on 8:33 pm | In Business News | No Comments

LONDON (Reuters) - Chancellor Alistair Darling said governments must adapt their economic policies to tackle the fallout from the financial crisis, as speculation grows Britain is preparing to abandon its fiscal rules limiting borrowing.

Excerpted from:
Darling says policies must adapt to crisis

Wall Street scores 2nd-best day ever on rate-cut hopes

October 28, 2008 on 6:20 pm | In Business News | No Comments

NEW YORK (Reuters) - Wall Street marked its second-best day ever on Tuesday as investors, convinced that central banks worldwide will cut rates even more, scooped up stocks that had been driven down to their lowest prices in more than five years.

Wall Street scores 2nd-best day ever on rate-cut hopes

VW hits No. 1 in market value amid short squeeze

October 28, 2008 on 5:37 pm | In Business News | No Comments

FRANKFURT/NEW YORK (Reuters) - Volkswagen briefly became the world’s largest company by market value on Tuesday as its share price almost doubled after …

View original post here:
VW hits No. 1 in market value amid short squeeze

U.S. stocks soar in late-day rally

October 28, 2008 on 5:13 pm | In Business News | No Comments

NEW YORK (Reuters) - U.S. stocks surged more than 10 percent on Tuesday, capping a worldwide rally in equity markets, as investors snapped up shares that had plunged during the worst October on record, and the yen posted its biggest decline against the dollar in more than 30 years.

See original here:
U.S. stocks soar in late-day rally

Oil dips below $63 on faltering demand

October 28, 2008 on 4:52 pm | In Business News | No Comments

NEW YORK (Reuters) - Oil prices dipped below $63 a barrel on Tuesday as concerns about faltering demand offset OPEC comments suggesting the producer group could throttle back output again to support prices.

Here is the original:
Oil dips below $63 on faltering demand

Next Page »

Entries and comments feeds. Valid XHTML and CSS

Copyright Galaxy Visions Group