UK housebuilders shed staff
Jul 9 - As the British housing market continues to sink, two of the biggest house builders cut 40...
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Cocoa price piles on the pounds
Jul 10 - It's boom time in the cocoa market helping push up the price of chocolate in the shops.
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Market turmoil continues -Bernanke
Jul. 10 - The year-long disruption of financial markets sparked by the collapse of the subprime...
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Rescue or bailout?
Jul 14 - The US government offers a massive package to mortgage giants Fannie Mae and Freddie Mac...
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Will rescue plan lead to bailout?
Jul 14 - The US government offers a massive package to mortgage giants Fannie Mae and Freddie Mac...
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Toyota to cut sales - media
July 16 - World No. 1 Toyota will cut its global car sales target, because of a weak U.S....
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Anger at Pakistani market slump
Jul. 17 - Violence erupts at Stock Exchanges across Pakistan after shares continue their steep...
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House passes housing bill
Jul 23 - The House approved a major housing market rescue bill that would bolster Fannie Mae and...
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Samsung disappoints, Asia mkts dips
July 25 - Samsung earnings disappoint, while early week market optimism faded on Friday.
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Treasury uncovers mortgage fix
Jul 28 - U.S. Treasury Secretary Henry Paulson is pushing "covered bonds," which are...
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Merrill's fire sale
Jul 29 - Merrill Lynch is unloading risky debt, and is accepting a price well below market value.
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Disney Shanghai park
July 30 - Disney Shanghai park deal may give entertainment giant unrivaled China market access.
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ArcelorMittal posts strong result
Jul 30 - The world's number one steelmaker ArcelorMittal has posted record second quarter...
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Fed extends helping hand
Jul. 30 - The Federal Reserve extended a temporing funding facility through early 2009 in a bid...
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Merrill's fire sale
Jul 29 - Merrill Lynch is unloading risky debt, and is accepting
a price well below market...
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Economic jitters weigh on Asia
Growing economic pessimism weighed on Asian investor confidence Friday, but market players looked...
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Asia rebounds on bargain-hunting
A battered Asian share market saw investors return to bargain-hunt Monday, but a sustained rally...
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Crude oil rallies above $121
Crude oil sees its biggest percentage gain in more than two months.
The question of whether...
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China market firms on earnings
Beleaguered Chinese markets firmed ahead of a slate of company results, while much of Asia ran in...
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US economy shows muscle
The U.S. economy advanced in the second quarter much faster than government record keepers...
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The coffee bean bounces back
Uganda is Africa's second largest coffee producer after Ethiopia.
Many Ugandan farmers...
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China, India car sales slow
A sudden slowdown in Chinese and Indian car sales threatens to shrink the global market, meaning...
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Oil slips; Coke buys in China
Oil prices held below 110 dollars on Wednesday as the dollar neared a 10-1/2 month high, raising...
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Asia shares tumble
Stocks across Asia fell sharply on Friday with investors again worried about the outlook for the...
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Fannie and Freddie bailed out
America's biggest mortgage guarantors - Fannie Mae and Freddie Mac - are temporarily taken over...
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Asia shares jump
Asian shares jump after Washington took over Fannie Mae and Freddie Mac to save the U.S. housing...
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Home buyers' new hope
Mortgages may be easier to get for many Americans now that the US government has taken a radical...
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Hedge funds find plays in Russia
Foreign investors in Russia have been heading for the exit but hedge funds are finding...
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More trouble seen at Lehman
A new strategy for ailing U.S. investment bank Lehman Bros. did little to pacify growing concerns...
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Wall St. gyrates on AIG speculation
The Dow swung from a 174-point drop to a 100-point rally and back to modest declines as...
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Bank worries spread; stocks plunge
The government's bailout of American International Group was not enough to stop speculation on...
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Oil downside eyed
Oil steadied Thursday after crude's largest gain in three months, but some market watchers see...
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Analyzing market turmoil
Economic Cycle Research Institute economist Lakshman Achuthan comments on the recent turmoil in...
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Fridson: uncharted waters
High-yield bond veteran Martin Fridson says the U.S. is in "uncharted waters" and the...
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Uncertainty abounds on Wall Street
Without any movement towards an approved government rescue plan investors steered clear of big...
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U.S. no longer financial superpower?
Germany blames the Anglo-Saxon capitalist model for the global financial crisis and says the...
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Stocks rally as lawmakers near deal
Stocks strengthened throughout the first half of the trading day as lawmakers look likely to...
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BOJ cheers U.S. bailout
A top Bank of Japan official expressed hope Monday a $700 billion U.S. government bailout fund...
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Hypo's deal to avoid finance squeeze
German lender Hypo Real Estate secures 35 billion euros in credit guarantees from the German...
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Asia stocks dip before bailout vote
Japan's Nikkei fell on Monday as investors remained cautious ahead of a key vote by U.S....
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Dow sees historic 777 pt plunge
The Dow Jones Industrial average saw its biggest one-day fall ever as investors feared a failed...
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Wall St. reacts as market plunges
As stocks nosedived in their biggest selloff in 21 years, people on the street outside the New...
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UK Consumer confidence in turmoil
Consumer confidence in Britain is at historically low levels as falling house prices and market...
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Traders Optimistic on Market Rebound
Traders on Wall Street expressed optimism that the effects of
Monday's sell-off are behind them....
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Home Prices Tumble Again, but Decline Slowing
Home prices were down by 17 percent nationwide in July from last
year, the sharpest annual decline...
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Record drop for UK house prices
Investors speculate the figures increase the chance of an interest rate cut by the Bank of...
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Bush: US to recover from tough times
President Bush, trying to calm fears after steep stock market declines, said the U.S. economy...
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Asia shares dive in global slide
Asian shares plummeted Wednesday in Wall Street's wake as worries the credit crisis would further...
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Asia latest to cut interest rates
South Korea, Hong Kong and Taiwan become the latest countries to interest rates.
The move on...
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Dow down 35% from record
This is one anniversary investors are soon to forget.
Just one year after Wall Street set the...
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Iceland govt takes last bank
Iceland has seized control of its biggest bank Kaupthing, as it grapples to control the financial...
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Panic grips Asian investors
Asian shares plummeted Friday after a Wall Street nosedive, as investor panic reigned across the...
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Workers worried by financial crisis
As European stocks tumble once again, markets turmoil is spilling over into the economy of...
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Coldwell tries 10-day housing sale
A U.S. real estate brokerage firm asks its clients to cut their homes' listing price in the hopes...
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Iraq Stock Exchange Enjoying a Boom
The ISX index has soared 40 percent since September, boosted by
increasing confidence in security...
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Japan, Asian shares soar
Japanese and Asian shares soared Tuesday following a Wall Street rally, recouping some of the...
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Wealth managers shifting gears
The credit crisis and volatile stock market are taking a toll on the relationship between wealthy...
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Stocks mixed, market fears remain
Regional market gains were muted by investor concerns over a slowing global economy.
Asia...
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Germany moves to approve bailout
Germany's Bundestag lower house of parliament approves a 500 billion euro bank rescue package with...
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Markets cheered by banks lending
As European banks line up for government rescue money there are signs institutions are regaining...
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As the Economy Tanks, Car Dealerships Take a Hit
With an unrelenting credit crisis, breathtaking swings in the
stock market and mounting consumer...
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Cox calls for tighter regulation
Federal officials list lessons learned in testimony to Congress on the current financial...
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Japan bans naked short selling
Japan brings forward short selling restrictions in a bid to curb market turmoil.
The...
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Porsche bring relief to shortsellers
Shares in carmaker Volkswagen nearly halve after main shareholder Porsche takes steps to ease a...
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IMF announces emergency financing
The International Monetary Fund has approved short-term financing to help emerging market...
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Stocks Surge As Traders Anticipate Yearend Rally
Investors believing that Wall Street is on the verge of a yearend
rally piled into the market...
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Unemployment fears rise in China
The global economic slowdown is resulting in many migrant workers losing their jobs in China's...
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Asian shares ease
Asian shares eased for a second session Wednesday, as falling commodity and energy prices weighed...
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Spanish queue for cut-price housing
As the credit crisis deepens, a Spanish property developer is offering first time buyers a...
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Dark days in Scandinavia
The Nordic region, known for its buoyant labour market, is now feeling the effects of the global...
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New fear on Wall Street: Deflation
The U.S. financial system appeared to be suffering a relapse this week, while deflation was added...
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Citigroup's massive bailout
The government's huge bailout of Citigroup could fail to restore investor confidence, says a...
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Buyers rush in after Citi lifeline
Wall Street put the finishing touches on the biggest two-day rally in 21 years after a government...
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Wall St mixed;consumer gets lifeline
U.S. stocks ended mixed after new federal aid to get consumer lending back on its feet boosted...
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Moscow's construction crunch
The global financial crisis hits Russian construction market, resulting in the freezing of major...
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