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Sensex in red as oil & gas, IT, banks trip Indian stock market was rangebound on Wednesday as benchmarks moved in and out of positive territory as traders booked profits in oil&gas and banking stocks along with IT stocks. The Times Of IndiaCredit Suisse to get Aberdeen stake Credit Suisse is poised to own 25 per cent of Aberdeen Asset Management after the Swiss bank agreed to sell the UK manager its traditional fund management business in a share-based deal worth about £200m FT.comFannie and Freddie Pumped Up By Fed The central bank will buy $500 billion in mortgage-backed securities beginning in January, as part of a program announced in November. ForbesVienna poised to take control of Bank Medici The Austrian government is preparing to take management control of Bank Medici after it revealed clients had lost money in funds it ran which invested with disgraced New York financier Bernard Madoff FT.comFed says it will start buying mortgage securities in January The Federal Reserve says it will start buying mortgage-backed securities in early January in the central bank's latest effort to stabilize housing markets and resuscitate the U.S. economy. Market WatchGetting ahead of the curve A widespread lack of confidence is at the core of the world financial crisis, and threatens to make matters worse if not reversed. Bank of Canada Governor Mark Carney's unpredictability has not helped The Globe and MailBlackRock Vote Set-Up to Change Once Bank of America completes its purchase of Merrill Lynch, it will retain Merrill's 49.5% ownership stake in BlackRock but control fewer voting shares than Merrill traditionally held. Wall Street JournalEuropean Banks Gird for a `Year of Reckoning` European banks are bracing for a difficult 2009 as a rising tide of corporate bankruptcies adds to their problems with bad mortgage and credit-card loans. Wall Street JournalReport: Malaysia may spend more to boost economy Malaysia's central bank chief indicated the government may need to spend more to prevent the country from slipping into recession if the global economic crisis worsens next year, a report said Wednesday. Malaysia has cut its 2009 growth target to 3.5 percent... San Francisco ChronicleFed to start buying mortgage securities in early January SAN FRANCISCO (MarketWatch) -- The Federal Reserve said late Tuesday it will begin buying mortgage securities backed by Fannie Mae , Freddie Mac , and Ginnie Mae in early January. The Fed said it 'has selected private investment managers to act as its agents in implementing the program,' which is 'separate and distinct from the U.S. Treasury's program.' The purchases will be financed through the creation of additional bank reserves, the Fed said.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news. MarketWatch.com1 2 3 4 5 |
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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]