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Archive for November, 2008

European Shares Follow Asia Upwards - Forbes

Sunday, November 30th, 2008


Militant violence in Mumbai failed to dent European markets on Thursday as the region’s leading shares were pushed higher through the day and into the close, tracking broadly positive trading in Asia. Europe’s Dow Jones EuroStoxx index of the region
Source: www.forbes.com

As mortgages went bad, executives cashed out - Chicago Tribune
The subprime lending industry was starting to buckle under the weight of bad loans in November 2006, when executives at Irvine-based New Century Financial Corp. held a conference call to release their latest earnings. Loan volume was down and
Source: www.chicagotribune.com

China home appliance king suspected of manipulation - Daily Times

Saturday, November 29th, 2008


BEIJING: China s securities watchdog revealed that the billionaire owner of a home appliance chain, who is being investigated by police, was suspected of manipulating shares, state media said Friday. Huang Guangyu, the 39-year-old founder of Gome
Source: www.dailytimes.com.pk

The ordeal continues in Mumbai - Economist.com

Friday, November 28th, 2008


THE basalt arch of the Gateway of India greets seaborne visitors to Mumbai, India s commercial capital. Built to commemorate the arrival of King George V, it now symbolises the departure of India s British rulers. On Wednesday November 26th
Source: www.economist.com

European stocks up as Dow eyes 5th day of gains - WTOP Radio
LONDON (AP) - European stock markets closed higher Friday after the Dow Jones index of leading U.S. shares advanced for the fifth consecutive day in a shortened trading session. Asian markets were higher despite the terrorist attacks in Mumbai . The
Source: www.wtopnews.com

Wall Street mixed after four-day rise - International Herald Tribune
NEW YORK : Investors held off making big moves in the stock market Friday following enormous gains earlier in the week, as Wall Street braced for what is expected to be a weak holiday showing from retailers. With the stock market closing three hours
Source: www.iht.com

 


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