News and Views: 13 August, 2008Asian markets were no different from their US and European counterparts in shedding gains yesterday |
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News and Views: 12 August, 2008Oil prices fell on Monday after drop in crude imports by China overshadowed rise in supply disruptions from the conflict between Russia and Georgia |
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News and Views: 11 August, 2008Dollar has been enjoying its rise thoroughly this past month, and it had no problems reaching a seven month high against the yen and a five month high against the euro on Friday |
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News and Views: 8 August, 2008US stocks hit a rough trading patch on Thursday, after AIG (American International Group, reported a second quarter loss of $5.36billion |
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News and Views: 7 August, 2008Shares in Europe continued their jubilant trading on Wednesday after strong results from BNP Paribas and Commerzbank took financials higher |
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News and Views: 5 August, 2008Banks and miners took the European markets lower on Monday after poor results from HSBC dented financial stocks and further decline in metal prices took mining stocks lower |
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News and Views: 4 August, 2008US stocks followed European stocks by falling on Friday, when General Motors released report of a $15.5 billion quarterly loss |
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News and Views: 1 August, 2008GDP released by the Commerce Department grew at an annual rate of 1.9% in the second quarter, very less than the expected rate of 2.4% |
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News and Views: 31 July, 2008Stocks in US continued to move upwards yesterday after 39 energy producers rose after crude oil fell further |
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News and Views: 30 July, 2008Unlike their US and European counterparts, Asian markets took a beating over Merrill Lynch's $5.7billion of write downs |
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