S.Korea says economy hurting, takes more action - Reuters

SEOUL (Reuters) - South Korea warned on Thursday that Asia's fourth-biggest economy was already showing considerable weakness as authorities added to a raft of measures to protect it from a looming global recession. President Lee Myung-bak was set to ...

Global Stock Exchanges Fall on Recession Fears - FOX News

Europe's indexes could have been harder hit but for a late recovery in Asia, which helped the major indexes pare back a large chunk of their earlier losses. Britain's FTSE 100 index of leading shares was down 35.24 points, or 0.9 percent, at 4,005.65 ...

Stocks headed for a dip - CNN Money

NEW YORK (CNNMoney.com) -- U.S. stocks were poised for a lower start Thursday as investors, jittery about the economy, considered new corporate results and economic reports. At 7 a.m. ET, futures for the Dow Jones industrial average and S&P 500 were ...

Australia's ANZ Bank's profit drops 21 percent - MSN MoneyCentral

SYDNEY, Australia (AP) - Australia & New Zealand Banking Group Ltd. reported a 21 percent decline in annual profit Thursday as soaring charges for bad debts linked to the global credit crisis hit Australia's fourth-largest bank hard. It was the first ...

SunTrust's 3Q Net Drops 26%, Co Warns Of Charge-Offs - CNN Money

SunTrust Banks Inc. (STI) reported a 26% drop in third-quarter net income, with the decline stemmed by investment gains, as credit quality continued to deteriorate and credit-related expenses rose. Chairman and Chief Executive James M. Wells III ...

M'sians reject cash injection - Straits Times

The government earlier this week said it would double the size of state agency ValueCap Sdn. Bhd. to 10 billion ringgit (S$4.2 billion) to invest in stocks regarded as undervalued. -- PHOTO: AP KUALA LUMPUR - MALAYSIA'S largest labour union and ...

McCain targets 'Joe the Plumber' across Florida - Chicago Sun-Times

DAYTONA BEACH, Fla.---- Republican John McCain is trying to keep Florida from swinging to the Democrats with a cross-state bus tour and a series of ''Joe the Plumber'' events aimed at blue-collar workers. From Ormond Beach on the Atlantic Coast to ...

Credit Suisse makes $1.1 billion loss in 3Q - MSN MoneyCentral

ZURICH, Switzerland (AP) - Credit Suisse Group reported a 1.26 billion Swiss franc ($1.08 billion) loss during the third quarter Thursday, blaming bad investments and the global financial turmoil, and the bank said it was working to further cut its ...

We was robbed - Capital Journal

Today, most people on Main Street think Wall Street bankers stole their money. The truth is, they did. And they did it without breaking any laws. The amount of money that was stolen from hard-working, trusting folks from Main Street is staggering. No ...

Malaysians protest move to bolster stock market - International Herald Tribune

KUALA LUMPUR, Malaysia : Malaysia's largest labor union and opposition leaders Thursday denounced government plans to inject 5 billion ringgit (US$1.4 billion) into the stock market, saying they fear public funds could be misused to bail out ailing ...

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