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GM wants to block public from tracking its corporate jets
11/28/2008 6:36:48 AM by adeal
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General Motors Corp. (NYSE: GM) just doesn't get it. After flying in a corporate jet to Washington last week with tin cup in hand, its executives have not wised up. Rather than flying on public airlines like the rest of us do, they want to keep flying those corporate jets. But they want to make sure ....(GetMarketNews)
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European stock markets track Asia higher
11/28/2008 6:35:39 AM by adeal
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European stock markets closed higher Thursday in the wake of earlier gains in Asia and Wall Street's fourth consecutive rise on Wednesday, ahead of the Thanksgiving holiday. Indian markets were closed after deadly attacks in the country's financial capital. The FTSE 100 index of leading British shar ....(GetMarketNews)
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Asian Markets Recover, and Europe Posts Modest Advances
11/21/2008 5:15:48 AM by adeal
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Asian stock markets rebounded from early declines Friday after Finance Minister Shoichi Nakagawa of Japan described recent turbulence in currency and equity markets as undesirable and said that governments should be prepared to take action. Although Mr. Nakagawa did not propose a specific response b ....(GetMarketNews)
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Asian markets fall on weak commodities, earnings
11/19/2008 3:55:50 AM by adeal
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Thailand — Most Asian markets slid into the red Wednesday as weak earnings from financial firms, lower commodity prices and concerns about ailing U.S. automakers reinforced pervasive gloom about the global economy. Japan's benchmark Nikkei 225 average fell 55 points, or 0.7 percent, to 8,273.22 as i ....(GetMarketNews)
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Asia stocks sink as layoffs add to global gloom
11/18/2008 2:37:40 AM by adeal
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Asian stock markets sank Tuesday after Wall Street retreated and global financial firms announced another round of massive layoffs, adding to gloom about the world economy. Tokyo's Nikkei 225 stock average fell 194.17 points, or 2.3 percent to 8,328.41, a day after confirmation Japan, the world's se ....(GetMarketNews)
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International markets still gloomy
10/28/2008 4:03:15 AM by adeal
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International financial markets have again recorded serious losses. In Japan, the Nikkei index lost 6.4 percent to close at its lowest level in 26 years. Hong Kong lost 12.7 percent in its biggest single-day drop since 1991. The East Asian economies are especially vulnerable because of their strong ....(GetMarketNews)
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International markets, Japan rallies 14%
10/14/2008 6:06:15 AM by adeal
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In an effort to make the US rally seem modest, the Japanese Nikkei rose 14.3% overnight. Some large exporters were up 17% or more. In Hong Kong, the Hang Seng was up 4.4% As Europe opened, the German DAX rose 3.5%. The FTSE rose 1.9% and the French CAC40 was up 2.1%.(GetMarketNews)
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Oil falls below $99 on low Ike damage
9/15/2008 3:46:13 AM by adeal
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Oil prices fell below $99 a barrel on Monday after Hurricane Ike inflicted minimal damage to oil installations on the Texas coast. Light, sweet crude for October delivery declined $2.28 to $98.90 a barrel in electronic trading on the New York Mercantile Exchange midafternoon in Singapore. The contra ....(GetMarketNews)
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World stock markets sink on Wall Street crisis
9/15/2008 3:40:24 AM by adeal
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Asian and European stock markets were down sharply Monday amid growing alarm over the world's financial system after a seismic shake-up on Wall Street, with Lehman Brothers saying it would file bankruptcy and Merrill Lynch being sold to Bank of America. In Europe, the FTSE index was down 2.72 percen ....(GetMarketNews)
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Oil prices slip even after US inventories shrink
9/11/2008 2:48:29 AM by adeal
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Oil prices closed slightly lower in jittery trading Wednesday, as the strengthening dollar and signs of a slowing economy outweighed inventory drops and word that OPEC would cut production. The Energy Department's Energy Information Administration said that crude inventories fell by 5.9 million barr ....(GetMarketNews)
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