Archive for October 28th, 2008

Japan may follow Fed in rate cuts; Hungary in bailout (Reuters)

 Japan may follow Fed in rate cuts; Hungary in bailout 
    (Reuters)Reuters - Japan signaled on Wednesday it could follow the United States in cutting interest rates this week to protect the world's two largest economies from the global financial crisis.

Original post by Reuters and software by Elliott Back

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Fed poised to fight crisis with another rate cut (Reuters)

 Fed poised to fight crisis with another rate cut 
    (Reuters)Reuters - The Federal Reserve is widely expected to cut interest rates by at least a half-percentage point on Wednesday in yet another move to turn around the credit crisis that is threatening the United States with a deep and prolonged recession.

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Stocks up on rate cut hopes but outlook cloudy (Reuters)

 Stocks up on rate cut hopes but outlook cloudy 
    (Reuters)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.

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Consumer group opposes Google, Yahoo partnership (Reuters)

Reuters - US Public Interest Group, a consumer organization, is opposing Google's plan to share advertising with rival Yahoo , saying it could harm consumer privacy, according to a letter sent to the U.S. attorney general, a copy of which was given to Reuters.

Original post by Reuters and software by Elliott Back

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