Recession fears grew and investors raced for safe havens after U.S. lawmakers' shock rejection of a $700 billion rescue plan for the financial industry, with Asian stocks skidding after Wall Street's biggest
Markets getting hammered as bailout plan unexpectedly rejected Charis Charilaou Chief Dealer History usually repeats itself and after US lawmakers chose to reject the US Treasury’s $700 billion bail out plan, one
Panic gripped markets after U.S. lawmakers unexpectedly rejected a $700 billion bailout plan for the financial industry, with Asian stocks opening sharply lower after Wall Street's biggest fall since the crash of
U.S. President George W. Bush said on Monday the $700 billion financial bailout package addresses the root cause of the financial crisis and will help it from spreading throughout the economy. In
European shares were down sharply by midday as nationalisations in Belgium and the UK and liquidity worries hurt bank stocks, more than offsetting optimism generated by prospects of approval for the United
Mortgage lending barely rose at all in Britain in August, with the increase shrivelling to two percent of what it went up by a year ago. Other Bank of England data on
A security hole in Adobe Systems Inc software, used to distribute movies and TV shows over the Internet, is giving users free access to record and copy from Amazon.com Inc's video streaming
The FTSE 100 slid 2.8 percent early on Monday as the part nationalisation of Bradford & Bingley dealt another blow to a reeling banking sector, ahead of a U.S. lawmaker vote on
Approvals for new home loans in Britain fell to a series low in August while net mortgage lending slowed to a near standstill, figures from the Bank of England showed on Monday.
U.S. lawmakers prepared to vote on Monday on a $700 billion government fund to buy bad debt as the global financial crisis kept markets on tenterhooks by forcing European authorities to rescue
