|
|
| Central banks intervene in forex markets |
At least six major central banks pumped billions of dollars of extra credit into financial markets Thursday amid fears that this week's crisis was drying up liquidity.
The European Central Bank (ECB) in Frankfurt said its dollar funding operations would more than double from the existing 50 billion dollars to 110 billion dollars.
The Bank of... |
 |
|
|
|
| |
| |
 |
|
The Vietnamese stock market rebounded sharply Friday following Thursday's rebound in the US stock market.
The volatile VN-Index ended up 4.7 per cent, to close at 439.06.
Market volume totaled 25.5 million shares, valued at 850 billion dong (51 million dollars), up from 457 billion dong (27 million dollars) on Thursday.
Phan...
|
|
|
At least six major central banks pumped billions of dollars of extra credit into financial markets Thursday amid fears that this week's crisis was drying up liquidity.
The European Central Bank (ECB) in Frankfurt said its dollar funding operations would more than double from the existing 50 billion dollars to 110 billion...
|
|
|
Taiwan stocks plunged 2.73 per cent Thursday amid heavy selling triggered by US financial turmoil and Wall Street's sharp fall overnight, dealers said.
The Weighted Price Index of Taiwan Stock Exchange opened down 4.19 per cent as jittery investors dumped their holdings, but government funds soon moved in to buy heavily to ease the...
|
|
|
US stocks were poised for a massive sell-off Monday after embattled investment bank Lehman Brothers Holdings filed for bankruptcy - one of many financial firms in turmoil amid a significant broadening of the US credit crisis.
News of the venerable Lehman Brothers' failure came hours after financial services firm Merrill Lynch & Co...
|
|
|
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...
|
|
|
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...
|
|
|
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...
|
|
|
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...
|
|
|
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,"...
|
|
|
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...
|
|
|
|
 |
| Currency |
USD |
EUR |
GBP |
YEN |
| USD |
------ |
0.736 |
0.573 |
101.833 |
| EUR |
1.359 |
------ |
0.778 |
138.365 |
| GBP |
1.745 |
1.285 |
------ |
177.748 |
| YEN |
0.010 |
0.007 |
0.006 |
------ |
|
| |
|
|
| Symbol | Last | Change | | Dow | 14,047.31 |  40.24 (0.29%) | | Nasdaq | 2,747.11 |  6.12 (0.22%) | | S&P 500 | 1,546.63 | 0.41 (0.03%) | | 10-Yr Bond | 4.529%
| 0.028 | | NYSE Volume | 3,112,411,000 | | Nasdaq Volume | 1,795,889,000 |
|
| |
|
|
 New 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...
|
|
|
|
| |
|
