Indonesian stock market drops 4.7 per cent
Indonesian stock market plunged by 4.7 per cent Monday, sparked by falls of regional and international markets due to concerns about the US financial sector. The Indonesia Composite Index closed at 1,719.254 points, or down 84.808 points, or 4.7 per cent. Dealers said the sharp decrease was triggered by fells of the regional...

Indonesian stock market drops 4.7 per cent

Tokyo stocks end higher on US market's overnight gains
 Tokyo stocks rebounded Friday after overnight gains on Wall Street, ending a three-day losing streak. The benchmark Nikkei 225 Stock Average gained 112.26 points, or 0.93 per cent, to close at 12,214.76. The broader Topix index of all first-section issues was also up 14.48 points, or 1.25 per cent, to 1,177.2. Investors in...

Tokyo stocks end higher on US market's overnight gains

Vietnam shares drop on concerns over new listings
Vietnam's stock market dropped Tuesday for a third straight day as local investors dumped shares on concerns that a large number of new companies will list before the end of the year and dilute prices, a securities analyst said. The VN-Index fell 7.22 points, or 1.36 per cent, to close at 525.49, the lowest level in two...

Vietnam shares drop on concerns over new listings

Netherlands computer gaming sales leap
Sales of computer game consoles and other gaming hardware in the Netherlands have jumped dramatically in 2008, the umbrella organisation for the Dutch entertainment industry for audio, video and interactive products NVPI said on Monday. Releasing its 6-month results, the NVPI said the sale of game consoles increased by 39 per cent in...

Netherlands computer gaming sales leap

Fannie, Freddie affair not expected to directly impact Arab markets
The financial problems facing the US real estate mortgage giants Fannie Mae and Freddie Mac are not expected to have a "direct" impact on Arab markets, financial analysts said Monday. "I don't think the difficulties suffered by the two US firms could have a direct impact on the Jordanian and other stock markets,"...

Fannie, Freddie affair not expected to directly impact Arab markets

Dutch stocks rise sharply after US mortgage lender bailout
The main index of the Dutch stock exchange AEX rose sharply on Monday following the US government's bail-out of American largest mortgage banks Fannie Mae and Freddie Mac on Sunday. By 10:23 am (8:23 AM GMT) the AEX had risen by 3.89 per cent, with the financial funds gaining most. Belgian-Dutch bank and insurance company Fortis...

Dutch stocks rise sharply after US mortgage lender bailout

Hong Kong stocks slump 2.3 per cent on concerns over earnings
Hong Kong stocks slumped nearly 2.3 per cent Thursday as pessimism gripped the market amid concerns over the earnings outlook of some big companies. The Hang Seng Index lost 492.43 points to end the day at 20,972.29 points, down 2.29 per cent on Wednesday's close. Turnover was a relatively light 66.7 billion Hong Kong dollars. The...

Hong Kong stocks slump 2.3 per cent on concerns over earnings

Pakistan's stocks suffer largest loss of year on coalition collapse
Pakistan stocks suffered the biggest setback of the year Tuesday, plunging by 4 per cent amid mounting political uncertainty deepened by the break-up of the ruling coalition, traders said. Traders said the collapse of the alliance in the parliament and conflicting statements from other small, but key partners of the coalition raised...

Pakistan's stocks suffer largest loss of year on coalition collapse

Investors bet on German bank shakeout
Germany could be on the brink of a major shakeout in its fragmented banking industry with investors betting Monday on an announcement this week of an 8-billion-euro (12 billion-dollar) merger between two of the nation's leading banks. Indeed, shares in Allianz SE jumped more than 1.0 per cent in early trading Monday on speculation...

Investors bet on German bank shakeout

Hong Kong market jumps 3.5 per cent in biggest rally in five months
Hong Kong stocks jumped by 3.5 per cent Monday, spurred on by a resurgent Wall Street to stage their biggest one-day rally in five months. The Hang Seng Index closed up 712.23 points at 21,104.79 points, 3.5 per cent higher than Friday's close. Turnover was 55.6 billion Hong Kong dollars (7.1 billion US dollars). The strong...

Hong Kong market jumps 3.5 per cent in biggest rally in five months

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New BMW-6 Series Coupe and convertibleNew BMW-6 Series Coupe and convertible
   BMW has launched a convertible and new coupe of the 6-Series featuring several advanced drive technologies and driver assistance safety systems. Both the coupe...

New BMW-6 Series Coupe and convertible