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| | | ... rate reduction by the central banks of South Korea and Taiwan. These failed to calm investors' nerves. Government authorities in the US and Europe announced more measures to contain the panic. These failed. More measures are coming for sure. The G20 ... |
| | | | ... sending the Dow Jones industrials below 9,000 for the first time since 2003, as investors worried that recent moves by authorities worldwide to thaw frozen credit markets might not be enough to avert global recession. The Dow Jones Industrial Average ... |
| | | | ... curve' and are primarily affecting medium- and long-term debt, from two-year notes through 30-year bonds. National authorities in several countries have announced various plans over the past few weeks seeking to untangle the liquidity squeeze to prevent ... |
| | | | ... arrangement, the Fed will begin repurchasing three-month unsecured commercial paper issued by corporations and municipal authorities. Quoting the US Federal Reserve statement, the New York Times reported that, "This facility should encourage investors ... |
| | | | ... expressed his views on the US economy, which many interpreted as implying that the Fed is ready to cut rates next week. US authorities are throwing everything but the kitchen sink on Wall Street - all to no avail. The Fed is likely to throw the kitchen ... |
| | | | ... portion set aside for a federal housing authority. The US Treasury secretary will coordinate with foreign financial authorities and central banks about establishing similar rescue programs. Limits excessive compensation and bonuses for executives at ... |
| | | | ... corporations and households are again able to access credit and, because of the optimism over the success of the US authorities' Troubled Asset Recovery Plan (TARP), have begun to raise the level of their borrowings. This time, however, these economic ... |
| | | | ... reforms in the past year, said Mark Makepeace, FTSE Group chief executive. "We will continue working with the Taiwan authorities and market participants through our engagement program and hope to achieve the remaining reforms required by international ... |
| | | | ... markets rebounded sharply at the end of last week's trading as America's administrative, fiscal, monetary and regulatory authorities combined to wrench the claws off the credit squeeze that, last week, threatened to strangle the US financial system to ... |
| | | | ... is capable of doing this by itself. There will certainly be more pain to come. But for all this doom and gloom, US authorities might still be able to pull a rabbit out of the hat and, two, three, five years later -- just like the 1987 crash, the Asian ... |
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