Archive for October 26th, 2008

Japan to take fresh crisis action (Reuters)

 Japan to take fresh crisis action 
    (Reuters)Reuters - Japan pledged fresh measures on Monday to try to shield the world's second-biggest economy from the global financial crisis and said the Group of Seven would issue a joint statement on the yen.

Original post by Reuters and software by Elliott Back

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More weak data, hedge-fund selling seen this week (AP)

 More weak data, hedge fund selling seen this week 
    (AP)AP - In a typical recession, stocks start recovering about six months before the economy does. The crisis we're in right now, however, is anything but typical: Lending is frozen, hedge-fund selling is happening on a massive scale, and economic troubles have spread all over the globe.

Original post by AP and software by Elliott Back

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S&P futures start week up in early Asian trade (Reuters)

 S&P futures start week up in early Asian trade 
    (Reuters)Reuters - Standard & Poor's 500 index futures opened the week on a slightly firmer footing after Wall Street's latest drubbing on Friday, edging about 2 points higher as trading got underway in Asia's Monday morning session.

Original post by Reuters and software by Elliott Back

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Recession fears haunt markets (Reuters)

 Recession fears haunt markets 
    (Reuters)Reuters - Investors anxiously awaited Monday's reopening of Asian markets after last week's dramatic worldwide slide in stock prices and currency collapses on increasing fears of a deep global recession.


Original post by Reuters and software by Elliott Back

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