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    Stock Markets Headlines
    Report questions impartiality of SEC: report (Reuters)
    Reuters - A federal inquiry has concluded that the U.S. Securities and Exchange Commission should consider disciplining its director of enforcement and two supervisors for their role in handling an insider trading investigation, The New York Times said citing an obtained report. -- read full article
    Tue, 07 Oct 2008 04:46:29 GMT - Yahoo! News: Stock Markets News
    London shares gain 1.50% at open (AFP)

    London's FTSE 100 index of top shares has risen 1.50 percent at the start of trading, one day after plunging 7.86 percent on growing fears about the global financial crisis.(AFP/File/Shaun Curry)AFP - London's FTSE 100 index of top shares rose 1.50 percent at the start of trading on Tuesday, one day after plunging 7.86 percent on growing fears about the global financial crisis.


    -- read full article
    Tue, 07 Oct 2008 07:23:07 GMT - Yahoo! News: Stock Markets News
    Ailing world markets fight back (AFP)

    A pedestrian passes a foreign exchange bank sign in Seoul October 7. Battered world markets shook off some of their recent gloom Tuesday as European stocks rallied and Asian bourses pulled back from the brink on hopes of cuts to global interest rates.(AFP/Jung Yeon-Je)AFP - Battered world markets shook off some of their recent gloom Tuesday as European stocks rallied and Asian bourses pulled back from the brink on hopes of cuts to global interest rates.


    -- read full article
    Tue, 07 Oct 2008 07:48:08 GMT - Yahoo! News: Stock Markets News
    Market slump takes toll on China rich list (Reuters)

    High fashion boutiques are seen inside the shopping arcade of the Four Seasons Hotel Macao, which opened in Macau August 28, 2008. (Bobby Yip/Reuters)Reuters - Many of China's richest people grew a bit poorer this year as stock and property markets tumbled, but the country's wealthy are riding out the downturn better than many of their foreign counterparts, a survey showed on Tuesday.


    -- read full article
    Tue, 07 Oct 2008 08:02:19 GMT - Yahoo! News: Stock Markets News
    London shares slide back into the red (AFP)

    The London stock market has sunk back into the red, wiping out earlier gains with heavy falls among the troubled banking sector, dealers have said.(AFP/File/Shaun Curry)AFP - The London stock market sank back into the red on Tuesday, wiping out earlier gains with heavy falls among the troubled banking sector, dealers said.


    -- read full article
    Tue, 07 Oct 2008 08:33:15 GMT - Yahoo! News: Stock Markets News
    UK bank funding talk hits stocks, sterling (Reuters)

    A man passes an electronic board displaying financial data outside a brokerage in Tokyo, October 7, 2008. (Yuriko Nakao/Reuters)Reuters - World stocks fell again on Tuesday and sterling hit a 2-1/2 year low after talk of government funding hit UK banks, erasing gains in the benchmark index made after Australia's surprisingly large interest rate cut.


    -- read full article
    Tue, 07 Oct 2008 08:46:00 GMT - Yahoo! News: Stock Markets News
    Asian markets mixed after Australia's big rate cut (AP)

    Pedestrians wait to cross a street in front of a Tokyo brokerage Tuesday, Oct. 7, 2008 as Japanese shares dropped to the lowest in almost five years. The benchmark Nikkei 225 index lost 317.90 points, or 3.03 percent, to close at 10,155.90 — its lowest finish since December 2003 as selling spread across the board amid growing fears over the widening financial crisis. (AP Photo/Koji Sasahara)AP - Asian stocks were mixed Tuesday as a big interest rate cut in Australia helped spur recoveries in several regional markets, sparking hopes that other central banks will lower rates to help loosen the global credit crunch.


    -- read full article
    Tue, 07 Oct 2008 08:55:34 GMT - Yahoo! News: Stock Markets News
    Global stocks plunge, yen leaps as crisis escalates (Reuters)

    Trader Dirk Mueller reacts as he stands in front of the German share price index DAX board on the trading floor of the Frankfurt Stock Exchange October 6, 2008. (Kai Pfaffenbach/Reuters)Reuters - World stocks plunged to three-year lows on Monday as investors fled to government bonds, gold and the low-yielding yen, fearing policymakers' efforts to contain the credit crisis might not be enough to prevent a recession.


    -- read full article
    Mon, 06 Oct 2008 12:18:18 GMT - Yahoo! News: Stock Markets News
    Citi, Wachovia off on deal uncertainty (Reuters)

    Pedestrians walk past the Wachovia Corporation headquarters in Charlotte, North Carolina September 29, 2008. (Jason Miczek/Reuters)Reuters - Shares of Citigroup Inc dropped 6 percent to $17.25 on Monday on uncertainty about plans to take over embattled Wachovia Corp .


    -- read full article
    Mon, 06 Oct 2008 12:06:21 GMT - Yahoo! News: Stock Markets News
    European, Asian markets plunge on crisis fears (AP)

    An investor reacts as he watches a display showing stock prices at a brokerage firm  in Hong Kong Monday, Oct. 6, 2008.  Hong Kong's benchmark index tumbled in early trade Monday as rescue plans by the U.S. and Europe to bailout the financial sector failed to lift investors' sentiments. At midday, the blue chip Hang Seng Index dropped 592.83 points, or 3.35 percent, to 17,089.57.(AP Photo/Vincent Yu)AP - Asian and European stock markets plunged Monday as government bank bailouts in the U.S. and Europe failed to alleviate fears that the global financial crisis would depress world economic growth.


    -- read full article
    Mon, 06 Oct 2008 14:05:18 GMT - Yahoo! News: Stock Markets News
    Toronto Stock Exchange plunges 10% (AFP)

    The Toronto Stock Exchange plunged more than ten percent at the opening, amid US-led worlwide financial woes and the prediction of a Canadian recession.(AFP/DDP/File/Martin Oeser)AFP - The Toronto Stock Exchange plunged more than 10 percent at its opening Monday, amid fears of deepening US-led worldwide economic woes and predictions of a recession in Canada.


    -- read full article
    Mon, 06 Oct 2008 15:31:59 GMT - Yahoo! News: Stock Markets News
    Fed, Treasury take steps to confront financial crisis (AFP)

    The US Federal Reserve building in Washington. The Federal Reserve has said it would start to pay interest on bank deposits for the first time and expand bank refinancing operations to 900 billion dollars by year-end in a bid to increase liquidity.(AFP/File/Karen Bleier)AFP - The Federal Reserve and the US Treasury announced measures Monday to confront a rapidly escalating financial crisis under new emergency powers as panicked investors fled stock markets.


    -- read full article
    Mon, 06 Oct 2008 15:44:47 GMT - Yahoo! News: Stock Markets News
    London stocks hit four-year low (AFP)

    The London stock market nosedived 7.85 percent, hitting a four-year trough on investor concerns about the spreading global financial crisis.(AFP/File/Shaun Curry)AFP - The London stock market nosedived 7.85 percent on Monday, hitting a four-year trough on investor concerns about the spreading global financial crisis, dealers said.


    -- read full article
    Mon, 06 Oct 2008 16:36:37 GMT - Yahoo! News: Stock Markets News
    Panicked global markets reel, Wall Street plunges below 10,000 pts (AFP)

    A stock trader looks at his screens showing the evolution of the German Dax index of leading shares at Frankfurt's stock exchange. Global stock markets reeled Monday, shaken by massive sell-offs by panicked investors who fear a much-vaunted US finance sector bailout will fail to end a crippling credit crisis.(AFP/DDP/Martin Oeser)AFP - Global stock markets reeled Monday, shaken by massive sell-offs by panicked investors who fear a much-vaunted US finance sector bailout will fail to end a crippling credit crisis.


    -- read full article
    Mon, 06 Oct 2008 16:39:09 GMT - Yahoo! News: Stock Markets News
    Commodities prices drop as credit crisis spreads (AP)
    AP - Commodities prices tumbled broadly Monday on growing expectations that the financial crisis pummeling world markets will dramatically reduce global demand for energy and raw materials. Gold prices shot up as investors' faith in stock markets dimmed further, touching off a desperate dash for safe alternative investments. -- read full article
    Mon, 06 Oct 2008 17:24:07 GMT - Yahoo! News: Stock Markets News
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