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Last updated: 18:52:40 Wednesday Oct 1, 2008


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  • World markets fall as US bailout seen taking time
    TOKYO - World stock markets tumbled Monday as investors reacted coolly to Washington's $700 billion bank bailout deal, recognizing that cleaning up the bad debt mess will take a long time and likely drag on global economic growth for the foreseeable future.   Nations:Netherlands Luxembourg India Germany Japan France   People:George W. Bush   Activities:2008 U.S. Financial Rescue Hong Kong Markets   Source:(AP)   2008-09-29

    Global markets tumble
    Global markets plunged Monday on news that JPMorgan Chase, backed by the U.S. government, had to rescue troubled Bear Stearns, with investors struggling to gauge how much worse financial markets could get.   Nations:Switzerland Philippines   Activities:Bear Stearns Collapse Hong Kong Markets Japanese Markets European Markets   2008-03-17

    World markets up on central bank actions
    Asian and European stocks rose Wednesday as central banks from the United States to Britain and Europe moved in concert to ease pressure on the world's credit markets.   Activities:2007 Global Credit Crunch Hong Kong Markets European Markets   2008-03-12

    China's Wen cautions about Hong Kong investment plan
    Chinese Premier Wen Jiabao urged caution on the eagerly-awaited plan allowing mainlanders to invest in Hong Kong stocks and set conditions for the implementation of the scheme, a report said Sunday.   Nations:Uzbekistan China   People:Wen Jiabao   Activities:China Hu Jintao Admin. Hong Kong Markets   2007-11-04

    Bank of China's subprime exposure rattles Asia
    Three Asian banks' heavy exposure to the limping U.S. home loan sector reinforced global credit wobbles on Friday but Germany, France and Italy saw no signs of new problems.   Nations:Singapore   Activities:2007 Global Credit Crunch Hong Kong Markets   2007-08-24

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