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    Stock Markets Headlines
    Britain unveils $437 bln bank rescue as markets panic (AFP)

    Taiwanese investors monitor share prices at a stock trading house in Taipei. Britain unveiled a 437 billion dollar bank rescue Wednesday as markets around the world bombed over fears that the worst financial crisis in decades has still not been mastered.(AFP/Patrick Lin)AFP - Britain unveiled a 437 billion dollar bank rescue Wednesday as markets around the world bombed over fears that the worst financial crisis in decades has still not been mastered.


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    Wed, 08 Oct 2008 08:29:02 GMT - Yahoo! News: Stock Markets News
    Asian stocks plunge on fears of global recession (AP)

    A passerby looks at the electronic stock board in front of a Tokyo brokerage Wednesday, Oct. 8, 2008 as Japan's stock market plummeted 9.4 percent — its biggest one-day drop in 21 years. The benchmark Nikkei 225 index nose-dived 952.58 points to 9,203.32, a five-year low. (AP Photo/Katsumi Kasahara)AP - A meltdown in confidence strangled Asian stock markets Wednesday on accelerating fears that the widening financial crisis could spawn a global recession.


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    Wed, 08 Oct 2008 08:13:41 GMT - Yahoo! News: Stock Markets News
    Global stocks markets dive as crisis fears spread (Reuters)

    People walk past a video display showing financial information in Tokyo, October 8, 2008. (Michael Caronna/Reuters)Reuters - Stock markets across the world plunged on Wednesday as concerns about the worst financial crisis in nearly 80 years and fears of a global recession gripped investors despite government efforts to intervene.


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    Wed, 08 Oct 2008 08:15:15 GMT - Yahoo! News: Stock Markets News
    Japan's Nikkei plunges 9.4 percent on crisis fears (AP)
    AP - Japan's stock market plummeted 9.4 percent — its biggest one-day drop in 21 years — Wednesday as investors rushed for the exits on deepening fears over the global financial crisis. -- read full article
    Wed, 08 Oct 2008 08:17:08 GMT - Yahoo! News: Stock Markets News
    London stock market dives 7% (AFP)

    People walk past an electronic sign showing the progress of the FTSE 100 share index in London. London's FTSE 100 index of top shares has plunged more than seven percent in early trading after the government announced the part-nationalisation of eight major banks amid a sell-off worldwide.(AFP/File/Carl de Souza)AFP - London's FTSE 100 index of top shares briefly plunged by more than seven percent early on Wednesday after the government announced the part-nationalisation of eight banks and amid a sell-off worldwide.


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    Wed, 08 Oct 2008 08:18:02 GMT - Yahoo! News: Stock Markets News
    Nikkei plunges 9.4 percent, biggest one-day fall since '87 (Reuters)

    A trader works on the trading floor of Daiwa Securities SMBC Co. in Tokyo, October 7, 2008. (Yuriko Nakao/Reuters)Reuters - The Nikkei average plunged 9.4 percent on Wednesday, wiping out $250 billion in market value in its biggest drop since the 1987 stock market crash, on growing fears of a global recession and a spike in the yen.


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    Wed, 08 Oct 2008 08:35:03 GMT - Yahoo! News: Stock Markets News
    Oil rebounds to more than $90 (AFP)

    A motorist holds a fuel pump at a service station. Crude oil prices have rebounded to more than 90 dollars a barrel in Asia but dealers said the underlying trend is lower after deepening global financial turmoil and falling stocks further raised fears of slowing energy demand.(AFP/DDP/File/Norbert Millauer)AFP - Crude oil prices rebounded to more than 90 dollars a barrel in Asia Tuesday but dealers said the underlying trend is lower after deepening global financial turmoil and falling stocks further raised fears of slowing energy demand.


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    Tue, 07 Oct 2008 09:07:18 GMT - Yahoo! News: Stock Markets News
    World stocks tick higher; Iceland pegs FX (Reuters)

    A dealer looks at monitors at a foreign exchange brokerage in Tokyo October 7, 2008. (Toru Hanai/Reuters)Reuters - World stocks ticked higher on Tuesday, a day after falling six percent to three-year lows, as Australia's surprisingly large interest rate cut raised speculation other countries may follow suit.


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    Tue, 07 Oct 2008 12:00:44 GMT - Yahoo! News: Stock Markets News
    Egypt key stock index falls 16.4% (AFP)

    An Egyptian trader at the Cairo Stock Exchange. Egypt's key CASE-30 stock index has plunged to its lowest level in two years on amid fresh concerns about the global financial crisis.(AFP/Khaled Desouki)AFP - Egypt's key CASE-30 stock index plunged to its lowest level in two years on Tuesday amid fresh concerns about the global financial crisis.


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    Tue, 07 Oct 2008 10:15:54 GMT - Yahoo! News: Stock Markets News
    London shares ease 0.28% (AFP)

    The London stock market eased 0.28 percent in volatile late morning trade on Tuesday a day after it slumped by 7.8 percent in a global markets rout.(AFP/File/Shaun Curry)AFP - The London stock market eased 0.28 percent in volatile late morning trade on Tuesday a day after it slumped by 7.8 percent in a global markets rout.


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    Tue, 07 Oct 2008 10:27:46 GMT - Yahoo! News: Stock Markets News
    US takes on corporate debt as Europe reels with new rescues (AFP/Getty Images)

    Passers-by protect themselves from the rain as they walk on the right side of the Sao Paulo Stock Exchange (Bovespa) building, in downtown Sao Paulo, Brazil. The United States opened up a major new front in the battle against financial turmoil Tuesday, sucking up huge amounts of corporate debt as European governments staged new rescues and nationalisations.(AFP/Mauricio Lima)AFP/Getty Images - The United States opened up a major new front in the battle against financial turmoil Tuesday, sucking up huge amounts of corporate debt as European governments staged new rescues and nationalisations.


    -- read full article
    Tue, 07 Oct 2008 17:29:59 GMT - Yahoo! News: Stock Markets News
    British banks lead Europe markets lower (AP)

    A woman passes the London Stock Exchange building in London, Tuesday, Oct. 7, 2008, as European governments struggled to find a coordinated response to the crisis sweeping financial markets.  The FTSE 100 Index today looked set to open higher after yesterday's stock market panic wiped around 93 billion from the value of London's leading shares. (AP Photo/Kirsty Wigglesworth)AP - European stocks shed early gains Tuesday as ongoing fears about the health of the banking system, particularly in Britain, offset hopes that the world's leading central banks will follow Australia's lead and cut interest rates aggressively.


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    Tue, 07 Oct 2008 10:54:53 GMT - Yahoo! News: Stock Markets News
    Fed move boosts European stocks (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 - World stock markets on Tuesday recovered some of their hefty losses from the previous day, helped by a steady opening on Wall Street after the U.S. Federal Reserve announced that it would buy massive amounts of short-term debts in an attempt to ease tight credit markets.


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    Tue, 07 Oct 2008 15:51:40 GMT - Yahoo! News: Stock Markets News
    US, European stock markets struggle after Monday's plunge (AFP)

    A trader sits in front of a board displaying the chart of Germany's share index DAX at the stock exchange in Frankfurt/M. US and European stock markets lost steam in volatile trading Tuesday, giving up early gains on persistent anxiety over the health of the banking sector and despite fresh central bank support.(AFP/DDP/Thomas Lohnes)AFP - US and European stock markets lost steam in volatile trading Tuesday, giving up early gains on persistent anxiety over the health of the banking sector and despite fresh central bank support.


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    Tue, 07 Oct 2008 17:14:45 GMT - Yahoo! News: Stock Markets News
    Medvedev pledges $36B more for banks (AP)
    AP - Efforts by the Russian government to prop up the country's troubled banking sector with fresh cash injections did little to lift stock markets a day after they suffered their worst-ever day of trading. -- read full article
    Tue, 07 Oct 2008 17:22:35 GMT - Yahoo! News: Stock Markets News
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