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The wildest month in the history of Wall Street ended on Halloween with both scary and thrilling price movements.
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October 08, Colombo: It was the close of yet another appalling day with the indexes on a downward crawl throughout the major part of the day with All Share Price Index (ASPI) lost a significant 64.05 points (3.04%) to end
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Fear of stocks, low interest rates and officials' concerted action create the setting for a possible recovery. The economic prognosis is relentlessly bleak.
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The London stock market steadied today as traders attempted to digest yesterday's dramatic efforts to tackle the global financial crisis.
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It was a different Prime Minister who stood up yesterday for his first Commons question time since the summer recess. Gone was the air of defeat, the sheer weariness that marked his last appearance. In its place was the confidence, the command of dense detail (too dense at times) and the sense of authority that we saw when Gordon Brown was Chancellor and the economy was happily expanding. Well might he feel a new sense of achievement.
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CHICAGO (AP) -- The bear market that is ravaging investor portfolios is now one of the worst in modern U.S. history and has wiped out more than $7 trillion in shareholder value, with no bottom clearly in sight....
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Charles Gibson asks the Democratic candidate about his economic plan.
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A look at industries that are hiring in today's tough economic climate.
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Microsoft Corp. will be releasing games developed by top Japanese designers for its Xbox 360 console, a senior executive said Thursday, the latest effort by the U.S. software maker to make inroads in a market where it has long struggled.
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EU leaders move swiftly to bolster market confidence
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Indonesia kept its stock exchange shut for a second day after the index lost more than a fifth of its value this week, and officials rushed to calm fears that Southeast Asia's biggest economy faces a new crisis
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Seems like it all just depends on how one spins it sometimes. The IAB and PricewaterhouseCoopers tout a bull market for online advertising in the first half of 2008. The Associated Press, though, describes a second quarter decline as the beginning of the end. Of course economic pessimism is sort of en vogue these days. IAB's version goes this way: read more
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The bear market ravaging investor portfolios is now one of the worst in modern U.S. history and has wiped out more than $7 trillion, with no bottom clearly in sight.
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A draft of a report by American intelligence agencies concludes Afghanistan is at risk of slipping under Taliban influence, and calls into question whether the government there can stem the rise of the group's influence warning of a "downward spiral",
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An interview conducted by The 21st Century Business Herald with Wang Zili, the President of the Training Institute under the People's Bank of China, discusses the implications of the US credit crisis. The Beijing Review reports:While many believe that the
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Shanghai-based researcher Rupert Hoogewerf compiled the list of richest people in China for the third time.From ReutersMany of China's richest people grew a bit poorer this year as stock and property markets tumbled, but the country's wealthy are riding out
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Japanese shares rebounded Thursday at midday, a day after world stocks took a historical plunge despite several central banks' decision to cut interest rates.The Bank of Japan pumped another 20 billion dollars to guarantee vital cash flaw.
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The original Motorola Q was really the Windows Mobile device that started the trend of BlackBerry QWERTY competitors a couple of years ago, but had serious battery life issues. Since then Motorola has continued to improve the device so that today's Motorola Q9 devices are actually quite powerful, functional, and reliable. The one wireless feature they currently lack is WiFi, but they do have 3G radios. Unwired View revealed that the Motorola Q11 is now up on the Motorola site even though no official press release has been issued. This device does have WiFi, but loses the 3G radio so I am not sure it is really a step up from the Q9 devices. Then again, I understand this device...
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With little notice, the employment picture has become bleak.
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Estonia, the former Soviet republic that embraced a freewheeling style of capitalism, is facing its first serious economic downturn.
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Shares representing 24.9 percent of Deutsche Bahn's Mobility Logistics unit were due to be offered to private and institutional investors inside Germany and to institutional investors abroad through a private placement.
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Wall Street, reeling from six days of declines, opened higher but then fell, a day after world central banks joined in coordinated action to cut borrowing costs.
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The London stock market steadied today as traders attempted to digest yesterday's dramatic efforts to tackle the global financial crisis.
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A doll some are claiming utters pro-Islam and even Satanic words has outraged some parents in Oklahoma.
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After Congress started asking tough questions of Internet Service Providers about their plans to sell data about customer surfing to advertising companies, interest in the idea dried up in the United States. Adzilla, one of those advertising companies, will now snoop on people in Asia.
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Could it be just a year ago that jubilant investors were celebrating record highs in the stock market?
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REYKJAVIK, Iceland, Oct. 9 -- The government of Iceland on Thursday seized control of the country's largest bank -- the third bank takeover this week -- and suspended trading on the stock market, as the North Atlantic island nation grapples with an unprecedented financial meltdown that has made it the first national casualty of the global economic crisis.
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LONDON/NEW YORK (Reuters) - Overnight interbank borrowing cost fell on Thursday in the wake of deep rate cuts from global central banks this week to thaw credit markets, but longer-term funding costs stayed high.
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The 1929 Crash - the biggest stock market drop in the US economy in history - is a case study in how not to respond to a crisis.
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Michael Mackenzie says Main Street has joined the professionals in running scared
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CNN's Ali Velshi takes a look at the latest plunge on Wall Street.
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THE share market was over 6 per cent lower at noon, after US shares plunged to fresh five-year lows overnight.
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Yahoo is getting into the analytics game with the launch of a new traffic measuring tool. Yahoo Web Analytics builds on the IndexTools system acquired by the company in April. The rebranded platform is currently available in beta mode only to registered Yahoo Small Business customers and a small subset of advertisers.
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Memory chipmaker Micron Technology will cut its global workforce by 15 percent over the next two years due to a massive slowdown in demand for memory chip technology, the Boise, Idaho-based company said Thursday. Micron employs about 22,600 people, and said the cost of restructuring would be about $60 million. In late-day trading Thursday, Micron shares were up 0.8 percent to $3.94.
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As the international financial and food crisis worsens, Global Forest Coalition critiques the unreliability of Market-based Conservation Mechanisms with launch of new report
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Stock market events have had a devastating effect on final salary pensions with the 200 largest UK schemes suffering severe losses