Reuters - U.S.
securities regulators tightened rules on traders who profit
from stock declines as shares plummeted Wednesday on fears of a
global credit crunch.
AP - Asian stocks tumbled Thursday, tracking declines on Wall Street as investors feared more companies could succumb to the global financial crisis that forced the U.S. to bail out troubled insurer American International Group Inc.
AFP - Asian stocks plunged Thursday as the global financial crisis deepened, with investors fleeing on fears that more banks will go under in the worst turmoil on world markets in decades.
AFP - Trading on the Russian stock market was suspended for a third day on Thursday after the worst plunge in share prices since the 1998 financial crisis, a market spokesman told AFP.
AFP - London shares rose 0.17 percent in opening trade on Thursday, after news that bank Lloyds TSB has announced a takeover deal for rival group HBOS.
Reuters - Morgan Stanley topped the list
of major financial services firms scrambling to sell themselves
as fear gripped global credit and stock markets, with former
emerging markets darling Russia paralyzed.
AP - Asian stocks turned in a mixed performance Wednesday, giving up early gains as a U.S. plan to rescue troubled insurer AIG failed to persuade many investors that recent financial turmoil would soon ease.
AFP - Shares in the top home-loan lender HBOS swung wildly on Wednesday amid a report it might be taken over, spinning London stocks into volatile uncertainty after an overnight rescue for US insurer AIG.
AFP - London shares closed sharply lower on Wednesday, giving up early gains sparked by the overnight rescue of US insurance giant AIG and amid news of takeover talks between Lloyds TSB and struggling mortgage lender HBOS.
Reuters - New rules aimed against abusive
naked short selling of stock in all publicly traded companies
were issued by the U.S. Securities and Exchange Commission on
Wednesday.
Reuters - New rules aimed against abusive
naked short selling of stock in all publicly traded companies
were issued by the U.S. Securities and Exchange Commission on
Wednesday.
Reuters - U.S. gasoline stocks fell to a record
low last week, posting the lowest supply level since at least
1990, when the government began issuing weekly inventory data.
Reuters - The Toronto Stock Exchange's main index
retreated on Wednesday as investor fears over the health of the
U.S. financial system lingered and Nortel Networks Corp shares
plunged after it cut its revenue forecasts and said it was
looking to sell one of its businesses.