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Top news - Business latest news



Bernanke says U.S. plan will help restore markets: report
SINGAPORE (Reuters) - Federal reserve Chairman Ben Bernanke said new U.S. measures to shore up the financial system would help restore normality to markets.
Reuters Tuesday, October 14, 2008

U.S. Forces Nine Major Banks To Accept Partial Nationalization
The U.S. government is dramatically escalating its response to the financial crisis by planning to invest $250 billion in the country's banks, forcing nine of the largest to accept a Treasury stake in what amounts to a partial nationalization.
The Washington Post Tuesday, October 14, 2008

Poor Countries Face a Different Kind of Crisis
The west has a rescue plan for its financial system, but struggling emerging economies may have to go it alone
Time Tuesday, October 14, 2008

The Dems' Plan C For the Economy
Democrats see quick infusions of cash to working and middle-class families as key to restoring Main Street's vitality and confidence in the U.S. economy
Time Tuesday, October 14, 2008

Asian Markets Show 2nd Day Of Gains
Asian markets have soared for a second day, led by a stunning 13 percent jump in Tokyo, after Wall Street rallied from its worst week ever on optimism that government rescue efforts will heal the crippled global financial system.
CBS News Tuesday, October 14, 2008

ML APNewsAlert
Syria's president issues decree establishing diplomatic relations with...
San Francisco Chronicle Tuesday, October 14, 2008

Japan offers money for troubled global financials
Japan stands ready to offer money to any needed effort to inject capital into crumbling financial institutions around the world, the finance minister said Tuesday. The comments from Finance Minister Shoichi Nakagawa comes at a time when worries are growing...
San Francisco Chronicle Tuesday, October 14, 2008

Market ends on a high
THE Australian share market has ended almost four per cent higher after the biggest point gain ever on Wall Street and government action.
The Courier Mail Tuesday, October 14, 2008

Petters case triggers two more Chapter 11s
High-profile Twin Cities businessmen among creditors.
Startribune.com Tuesday, October 14, 2008

Dow up 936 in historic rally
Global efforts to shore up banks spurred the Dow's biggest one-day point gain in history.
Startribune.com Tuesday, October 14, 2008

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