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Archive for July, 2008

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• Finance News

  • Murdoch: Global economy is still not out of turmoil
    NEW YORK (Reuters) - News Corp Chief Executive Rupert Murdoch said the global economy is still in an uncertain state and the media industry is going through a fundamental transformation that is unpredictable […]
  • GM's new boss woos autoworkers in first staff memo
    DETROIT (Reuters) - General Motors' new boss Dan Akerson sent his first letter to staff on Thursday, saying he valued the role of organized labor in the company's success as GM heads into negotiations with its union-represented U.S. workers next year. […]
  • The final countdown for Lehman Brothers
    Lehman Brothers, the bankrupt investment bank, needs at least $550m to keep its two bank units going as it prepares to sell or shut them down. […]
  • "Quote stuffing" a focus in flash - crash probe
    WASHINGTON/NEW YORK (Reuters) - U.S. regulators probing the May flash crash are focusing on a trading practice known as "quote stuffing" in which large numbers of rapid-fire orders to buy or sell stocks are placed and canceled almost immediately. […]
  • Pending home sales rise 5.2 percent in July
    WASHINGTON (Reuters) - Pending sales of previously owned U.S. homes rose unexpectedly in July, an industry group said on Thursday, suggesting a tax credit-related housing market decline was close to bottoming. […]
  • Bernanke says govt must follow through on new law
    WASHINGTON (Reuters) - Tough government follow-through on a freshly minted U.S. financial law will be crucial to ensure no bank or firm grows so large that its collapse could jeopardize the entire economy, Federal Reserve Chairman Ben Bernanke said on Thursday. […]

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  • General Counsel vote their best lawyers - Ron Pol, Managing Director of Team Factors and Chris Merritt, Legal Affairs Editor for The Australian - THE AUSTRALIAN - LEGAL AFFAIRS
  • CTP Announce New Oil Priorities - CENTRAL PETROLEUM LIMITED
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  • European shares slip ahead of ECB decision
  • Wall St jumps on data in best day in 8 weeks
  • Asia stocks rise, US data soothes fears
  • Wall St ends dismal month on flat note, semis slide
  • Asia stocks gain on China; yen near 15-yr high

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• India Stock market

  • Baer Capital eyes new PE fund, plans first exit
  • Markets end 0.1% up on financial gains
  • Markets rise 0.4%; banks, autos climb
  • Domestic, external demand divergent
  • On the path to recovery
  • Markets start Sep on front foot; techs lead