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The subprime mortgage crisis and its potential impact on US economic growth has raised concerns whether growth in India — which averaged over 9% in the last three years — will be adversely affected. The Indian economy showed signs of overheating in...
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There is a tendency in the Philippines to ape what US authorities are doing with their financial markets. The tendency is to pattern the Philippine financial system to...
made popular 23 min ago
Living in Chile, I have seen the US economic crisis in a number of ways. The closest I have been to it is in the community I live in, Puerto Natales, Chile. Puerto...
made popular 31 min ago
Foreign investments in the Philippines bounced back in July but total capital from abroad remained thin compared to inflows last year due to the global economic...
made popular 2 hr. ago
Philippine share prices on Friday fell by triple digits as nervous investors dumped stocks in favor of cash amid the global uncertainty, analysts said. The property...
made popular 2 hr. ago
Philippine President Gloria Macapagal Arroyo said her government will spend more to stimulate the economy and protect growth as the world braces for the worst financial...
made popular 2 hr. ago
The Philippine stock market will still be reeling from the effects of the global financial crisis next week, unless some major development occurs over the weekend,...
made popular 2 hr. ago
AP, Denver
Qwest Communications International Inc. says it has reached a tentative agreement for a four-year contract with a union representing about 20,000 employees.
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AP, Washington
Financial officials from the world’s wealthiest industrial countries are pledging decisive action to deal with the biggest upheavals to hit the global financial...
made popular 4 hr. ago
Julie McCarthy’s description of a 100,000 acre soy farm in Brazil seems to symbolize peace, progress, and economic development: trends for a new Latin America. From...
made popular 5 hr. ago
AP, Detroit
Published reports say General Motors Corp. and Chrysler LLC have held preliminary talks about a merger or an acquisition of Chrysler by GM.
made popular 7 hr. ago
AP, Washington
The Federal Communications Commission has sided with the National Football League in a long-running programming dispute with Comcast Corp., ruling that Comcast should...
made popular 8 hr. ago
AP,
Selected quotes on actions taken by the Group of Seven major industrial countries on Friday to combat the worldwide financial crisis:
made popular 10 hr. ago
AP, Washington
Finance officials from the world’s top economic powers endorsed a plan Friday to stem the worst financial crisis in more than a half-century.
made popular 10 hr. ago
AP,
Text of G-7 finance ministers and central bank governors’ plan of action, as provided by the Treasury Department:
made popular 12 hr. ago
AP, New York
Gold and silver plummeted Friday after Wall Street posted another big loss and forced investors to dump holdings in precious metals to raise badly needed cash.
made popular 12 hr. ago
AP, New York
Wall Street capped one of its worst weeks ever with a wild session Friday that saw the Dow Jones industrials rocket within a 1,000 point range before closing with a...
made popular 12 hr. ago
AP, New York
“There’s nothing that’s come anywhere near this.”
made popular 12 hr. ago
AP, Washington
Finance officials from the world’s top economic powers endorsed a sweeping plan Friday to stem the worst financial crisis in more than a half-century.
made popular 12 hr. ago
AP, Washington
Developing countries warned on Friday that the global financial crisis could dampen their growth prospects and recommended an international response to prevent...
made popular 12 hr. ago
AP, San Francisco
With its iconic stagecoach, Wells Fargo & Co. has evoked images of the wild West throughout its 156-year history.
made popular 12 hr. ago
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The strengthening value of Indian currency against US dollar forced the Reserve Bank of India to intervene to restrict the continuous Rupees rising in domestic money...
made popular Sep 22 2007
On the pattern of Grameen Bank of Bangladesh, Maharashtra is all set to launch a micro-credit program in the name of Grameen Trust. Grameen Trust would open its office...
made popular Jan 31 2007
The Reserve Bank of India has made it confirm that the Indian economy is poised to keep the robust growth momentum for the rest of the financial year 2006-07.
The...
made popular Jan 30 2007
The Reserve Bank of India has opted to recycle, old, soiled currency notes into various useful products. A week-long exhibition on handmade paper handmade paper...
made popular Dec 11 2006
United Western Bank (UWB) has failed to maintain Reserve bank of India norms and regulations and RBI had imposed a moratorium on last Saturday on it’s operations...
made popular Sep 5 2006
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