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Malaysia’s prime minister has said his ruling coalition made a blunder by underestimating the power of the Internet, which the opposition used extensively to win a record number of seats in recent elections.”In the last election, we certainly lost the...
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AP, London
Britain will inject around 37 billion pounds ($63 billion) of money into three of the country’s largest banks, the government said Monday, in a bid to save the...
made popular 8 hr. ago
AP, London
Three of the largest British banks have announced plans to take up to $63 billion of government money to boost their balance sheets.
made popular 12 hr. ago
AP, Norwalk
The standard-setting board for corporate accounting adopted new guidance on Friday that will give banks a break in the distressed market and could boost their balance...
made popular Oct 10 2008
AP, Washington
Bank of America Corp. has agreed to buy back up to $4.7 billion in auction-rate securities to settle charges it misled thousands of customers about the risky...
made popular Oct 8 2008
AP, Washington
Federal regulators say Bank of America Corp. has agreed to buy back as much as $4.7 billion in auction-rate securities to settle charges that it misled thousands of...
made popular Oct 8 2008
AP, London
European governments struggled Wednesday to contain the deepening world financial crisis, with Britain stepping in to help its hard-pressed banks and Russia shutting...
made popular Oct 8 2008
AP, Sydney
Australia’s largest bank, Commonwealth Bank of Australia Ltd., said Wednesday it had agreed to buy Bank of Western Australia Limited and St. Andrew’s...
made popular Oct 8 2008
AP, London
The Bank of England has surprised the market by cutting its base lending rate by half a point to 4.5 percent.
made popular Oct 8 2008
AP, London
The British government announced a 50 billion pounds ($87.5 billion) plan on Wednesday to partly nationalize major banks, with taxpayers taking stakes in a bid to shore...
made popular Oct 8 2008
AP, London
The British government announced a 50 billion pounds ($87.5 billion) plan on Wednesday to partly nationalize major banks, with taxpayers taking stakes in a bid to shore...
made popular Oct 8 2008
AP, London
The British government has announced an $87.5 billion plan to partially nationalize its major banks in a bid to restore economic stability.
made popular Oct 8 2008
AP, Tokyo
Japan’s central bank left its key interest rate unchanged Tuesday amid heightened anxiety that the U.S. credit crisis was quickly spreading from Wall Street to...
made popular Oct 7 2008
AP, New York
Bank of America Corp.’s third-quarter profit fell 68 percent and the bank says it’s selling stock and halving its dividend to boost capital.
made popular Oct 6 2008
AP, Washington
The Group of Seven industrialized countries is outmoded and should be replaced with a new entity that would include growing economies in Asia and Latin America, World...
made popular Oct 6 2008
AP, Springfield
Facing a lawsuit over deceptive mortgage practices, Bank of America Corp. is agreeing to pay more than $8 billion to modify hundreds of thousands of loans to keep...
made popular Oct 6 2008
AP, Frankfurt
The European Central Bank, the Bank of England and the Swiss National Bank offered more than $60 billion to markets Monday to try to keep the financial sector flush...
made popular Oct 6 2008
AP, Springfield
Facing a lawsuit over deceptive mortgage practices, Bank of America Corp. has agreed to modify tens of thousands of loans to keep people in 11 states from losing their...
made popular Oct 6 2008
AP, Berlin
The German Finance Ministry says government officials and private banks have agreed to a new 50 billion euro ($69 billion) deal to bail out Hypo Real Estate AG.
made popular Oct 5 2008
AP, Tokyo
Japan’s Norinchukin Bank said Friday it has acquired a 0.5 percent stake worth about about 30 billion yen, or $286 million, in France’s Credit Agricole SA,...
made popular Oct 3 2008
AP, Mexico City
Mexicans living in the U.S. sent home 12 percent less money in August, the largest drop on record since the Bank of Mexico began tracking remittances 12 years ago, the...
made popular Oct 1 2008
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AP, Moscow
Algeria has demanded that Moscow take back several MiG fighter jets supplied under a major arms deal because of quality concerns, dealing a painful blow to Russian...
made popular Feb 19 2008
Victoria Beckham, always seen picture perfect , was recently photographed looking disheveled and undone.
As she arrived for her lunch appointment, she was wearing a...
made popular Nov 4 2005
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