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RPT-UPDATE 1-India watching rupee, capital flows-finmin official - Reuters India
NEW DELHI, Oct 23 (Reuters) - A senior Indian finance ministry official said on Thursday that capital inflows needed to be increased and steps would be taken as necessary, a day after the central bank raised the limit on firms overseas borrowings ...
Hot Small Caps: JJB Sports slumps on Sports Direct outlook - International Herald Tribune
Shares in JJB Sports slide as much as 16.8 percent to a low of 27.25 pence after rival sporting goods retailer Sports Direct International , which last week purchased a 5 percent stake in JJB, says it is battling the toughest trading conditions it ...
Despite cheaper oil and looser credit, stocks fall as investors worry ... - Dallas Morning News
The malaise on Wall Street simply will not lift. Despite cheaper oil and looser credit, stock investors on Wednesday could not shake their fears about the consequences of an economy that many believe is already in a recession. RICHARD DREW/The ...
First Commonwealth Announces Third Quarter 2008 Financial Results - MSN MoneyCentral
INDIANA , Pa., Oct. 23 /PRNewswire-FirstCall/ -- First Commonwealth Financial Corporation FCF , the holding company for First Commonwealth Bank, announced today financial results for the third quarter of 2008. First Commonwealth reported third ...
India's Rupee Declines to Record Low After Stocks Extend Slump - Bloomberg
Oct. 23 (Bloomberg) -- India's rupee weakened to a record low against the dollar as stocks slumped, heightening concern overseas funds will sell more local equities. The currency fell for a seventh day on speculation the government's decision to ...
Libor's Drop Slows as Lending Concern Intensifies Amid Squeeze - Bloomberg
Oct. 23 (Bloomberg) -- The cost of borrowing in dollars for three months in London fell by the smallest margin in eight days as concern about lending intensified even as central banks pour cash into money markets. The London interbank offered rate ...
Eaton Vance, Deerfield Sell Loans, Leverage Unwind Saps Credit - Bloomberg
Oct. 23 (Bloomberg) -- Eaton Vance Corp., Deerfield Capital Corp. and Babson Capital Management LLC are being forced to dump their loan investments as prices tumble, sparking even more selling and causing borrowing costs to rise. Investors sold a ...
Out of Thin Air: How Money is Really Made - Yahoo News
Making money in 2008 looks like a grim proposition, but not because U.S. government printing presses can't create enough dollar bills . The U.S. Bureau of Engraving and Printing (whose web site name perhaps says it all: moneyfactory.gov ) churns out ...
S.Korea says economy hurting, unveils more measures - Reuters
SEOUL (Reuters) - South Korea warned on Thursday that Asia's fourth-biggest economy was already showing significant weakness as authorities added to a raft of measures to protect it from a severe global downturn. President Lee Myung-bak was set to ...
China, an Engine of Growth, Faces a Global Slump - The Ledger
BEIJING — For three decades, China has fueled its remarkable economic rise by becoming the world’s workshop and unleashing a flood of low-priced exports. But faced with a possible global recession and weakening demand for Chinese exports, the ...
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