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Asia-Pacific markets extend the rally Asia stocks pushed up to a two-month peak on Tuesday while higher-yielding currencies jumped against the battered yen as Washington's plan to relieve banks of toxic debt spurred investors to pick up riskier assets Financial TimesHow the Dow Jones industrials fared Monday Wall Street got the news it wanted on the economy's biggest problems - banks and housing - and celebrated by hurtling the Dow Jones industrials up nearly 500 points. Investors added rocket fuel Monday... bignewsnetwork.comTreasury`s Bank Plan Sparks a Broad Rally Stock markets staged a massive rally yesterday, soaring as much as 7 percent after the Treasury Department unveiled a plan to help banks purge their balance sheets of toxic assets and home sales made a surprising rebound. Washington PostUS Dollar Follows Familiar Pattern, Declines as Asian Stocks Rise on US Bank Plan (Euro Open) The US Dollar returned to a familiar pattern in overnight trading, falling in tandem with rising stock prices as the US bank rescue plan boosted risk appetite.... Daily FXBarack Obama`s plan is `light at end of the tunnel` President Obama yesterday unveiled a plan to purge banks of up to $1 trillion ($£686 billion) of toxic assets and justified it on the ground that it would help to save taxpayers' money. Times OnlineCalifornia Public Pension Funds Seek to Lead Bank of America Class Actions (Business Wire) SACRAMENTO, Calif.----The nation's two largest state public pension funds filed a joint motion today with the U.S. District Court, Southern District of New York, to be designated lead plaintiff in class actions against Bank of America stemming from its merger with Merrill Lynch. yahoo.comStocks Notch Huge Advance, But Volume DeclinesInvestors.com U.S. Seeks Expanded Power to Seize Firms The Obama administration is considering asking Congress to give the Treasury secretary unprecedented powers to initiate the seizure of non-bank financial companies, such as large insurers, investment firms and hedge funds, whose collapse would damage the broader economy, according to an... Washington PostBank rally lifts Buffett`s Goldman bet WARREN Buffett's $7 billion Goldman Sach's play is looking increasingly better as the investment bank's shares rally. The AustralianSenate Will Delay Action on Punitive Tax on Bonuses Jarred by a cool reception from the White House and fears of unintended consequences across the financial world, Senate leaders are likely to delay until late next month legislation to punitively tax bonuses at banks and investment firms that receive federal aid. Washington Post1 2 |
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Feedzilla is a news aggregator which categorizes news stories by topic. It is a platform where webmasters and bloggers can find an unmatched selection of easy to use, automatically updating and professional news widgets for their sites. Feedzilla supports the building of widgets in various formats, as well as allowing the addition of news widgets to different blogging platforms and social networks.
Feedzilla manually aggregates news summaries found in RSS feeds, and redistributes them in either RSS format or as a news widget. Content is collected 24 hours a day, 7 days a week from an ever-growing list of providers.
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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]