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News of the 11/21/2008

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Asian, American leaders push free trade against crisis
'Why Tax Cuts Won't Do The Trick'
Talks continue to save Woolworths
    

Asia stocks bounce back from 5-year low

  
Asian stock markets rebounded from a five-year low on Friday as a variety of rumors such as China cutting interest rates later in the day prompted investors to cover short positions before the weekend.
    From Boston Globe | Add a commentary | Report abuse
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Witness recalls last messages in MySpace hoax case

  
Upon hearing about the suicide of a 13-year-old neighbor, a Missouri woman ordered her business assistant and daughter to delete the Internet account they are accused of using to harass the girl, the assistant testified Thursday.
    From Boston Globe | Add a commentary | Report abuse
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More People Losing Their Homes

  
Figures out today are expected to show an increase in the number of people who lost their homes during the third quarter of the year.
    From Sky News | Add a commentary | Report abuse
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Darling Has Banks In His Sights

  
Alistair Darling has become "exasperated" at the banks' apparent unwillingness to help small businesses and families, Sky News understands.
    From Sky News | Add a commentary | Report abuse
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Democrats demand U.S. Big 3 offer survival plan

  
Democratic congressional leaders, seeking to salvage a bailout of the Big Three automakers, demanded executives provide a business survival plan in exchange for their support of up to $25 billion in loans.
    From Boston Globe | Add a commentary | Report abuse
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RI unemployment rate hits 9.3 percent

  
Victoria Gaspar left her job at a bank's telephone call center more than a year ago with dreams of starting her own private cleaning business.
    From Boston Globe | Add a commentary | Report abuse
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The financial market crisis, uncertainty and policy responses

  
Speech by José Manuel González-Páramo, Member of the Executive Board of the ECB
IE Business School Annual Alumni Conference
Madrid, 21 November 2008
1. Introduction
Ladies and Gentlemen,
It is a great pleasure for me to participate in the Annual Al
    From EduBourse | Add a commentary | Report abuse
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Fear overtakes the markets

  
The fear is back. The fear in capital markets is different from the near panic experienced in September and October, before governments around the world began organizing plans to deal with a global credit freeze. The cause is different this time, and many of the symptoms vary. But this fear may be more serious, and it's driving markets even further ...
    From Boston Globe | Add a commentary | Report abuse
 

Small-business loans still flowing

  
Even as consumer loans become harder to get, many small businesses in Massachusetts report they are still able to borrow money.
    From Boston Globe | Add a commentary | Report abuse
 

Asia Rises On China Rate Cut Tip

  
Speculation of a weekend rate cut in China has helped lift regional Asian markets with Japanese, Taiwanese and Hong Kong shares all showing solid gains.
    From Sky News | Add a commentary | Report abuse
 

Google to shut down virtual world website

  
(Reuters) - Google Inc said it would shut down its three-dimensional virtual experience website by year end to focus more on its core search, advertisements and applications business.
    From Reuters | Add a commentary | Report abuse
 

Asia rallies on bargain-hunting

  
Nov 21 - Asian shares shook off a host of economic and company woes, rallying on mild bargain-hunting and a slightly weaker yen.
    From Reuters | Add a commentary | Report abuse
 

Macau's luck on the wane

  
Nov 21 - After a golden streak since 2002, which saw Macau transformed from a sleepy former Portuguese colonial backwater into a Las Vegas-style gambling paradise, Macau's fortunes may be about to change.
    From Reuters | Add a commentary | Report abuse
 

Closing Time Soon For 1 In 8 Pubs

  
One in eight pubs will have to close in the next four years due to "irresponsible" supermarket competition and the economic downturn, a leading beer group says.
    From Sky News | Add a commentary | Report abuse
 

Electronics Giant In Prices Shock

  
UK retailers may be slashing their prices right now - but electronics giant Sony is doing the opposite.
    From Sky News | Add a commentary | Report abuse
 

Pump Price War: More Shots Fired

  
The petrol price war has intensified after one of the UK's biggest supermarkets took unleaded below the 90p a litre mark.
    From Sky News | Add a commentary | Report abuse
 

Car Broker Says Bogof To Slowdown

  
An online car broker has hit upon a novel way of steering customers towards a good bargain: a two for one offer.
    From Sky News | Add a commentary | Report abuse
 

Retirees hit by "longevity risk"

  
MIAMI (Reuters) - Like many other elderly Americans, Edie Stark has been hard hit by the meltdown in U.S. financial markets. She is 84 and has been worried a lot lately about outliving her savings.
    From Reuters | Add a commentary | Report abuse
 

Profits to blame - former IMF head

  
Nov 21 - Speaking at a banking congress in Frankfurt, German President and former IMF President Horst Koehler said profits caused banks to turn a blind eye or knowingly ignore risks.
    From Reuters | Add a commentary | Report abuse
 

Oil experts discuss demand

  
American Petroleum Institute President Jack Gerard and Chief Economist John Felmy discuss the numbers behind this year's five percent drop in petroleum consumption and the future of U.S. oil demand with Energy Editor Matthew Robinson.
    From Reuters | Add a commentary | Report abuse
 
    
    
    





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