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| | | ... lowest level in 18 months, led by financial stocks, on signs of a deepening in the global credit crisis. The US Federal Reserve cut its lending rate to financial institutions on Sunday to increase the cash available to the banking system, and JPMorgan ... |
| | | | ... to 5288.5. NEW YORK - US stocks tumbled on Friday as an emergency rescue of Bear Stearns orchestrated by the US Federal Reserve revived fears about a deepening global credit crunch, triggering a massive sell-off in shares across the board. Bear Stearns ... |
| | | | Australian shares had surged by almost four per cent at noon led by banking stocks after the US Federal Reserve announced a $US200 billion liquidity injection into the financial sector overnight. At 1200 AEDT, the benchmark S&P/ASX200 index had gained ... |
| | | | Several of the world's most prominent central banks, led by the US Federal Reserve, overnight announced details of the latest scheme - basically looser lending, by them, to select counterparties - that they hope will help revive liquidity in interbank ... |
| | | | ... 2,255.76. LONDON - UK stocks rose more than one per cent as investors welcomed news of a liquidity injection by the US Federal Reserve supported by big European central banks. The FTSE 100 added 61.3 points, or 1.09 per cent, to 5690.4. FRANKFURT - The ... |
| | | | ... doing OK but on the whole it's really the banks that are leading the way down," he said. Mr Knight said the US Federal Reserve chairman Ben Bernanke's warning that the troubled housing sector could cause small-bank failures was affecting local finance ... |
| | | | ... economy. "But I think they will do what they have to do to get the economy going," she said. Minutes from the US Federal Reserve's latest policy-setting meeting revived optimism last night that it would cut rates again to stave off a recession, helping ... |
| | | | ... gains after unexpectedly strong profits from computer and printer maker Hewlett-Packard Co. Hopes that the US Federal Reserve will keep cutting interest rates also buoyed sentiment. The Dow Jones industrial average was up 123.66 points, or 1.00 per cent ... |
| | | | ... 56 cents, or 2.29 per cent, to $23.88. US stocks fell 1.39 per cent overnight ending a three-day rally after US Federal Reserve chief Ben Bernanke said he saw sluggish economic growth ahead. The Dow Jones industrial average fell 175.09 points, or 1.39 ... |
| | | | ... All Ordinaries added 132.9 points or 2.37 per cent to 5,748.2. NEW YORK - US stocks fell 1.2 per cent after US Federal Reserve chief Ben Bernanke said he saw sluggish economic growth ahead and unfavorable brokerage reports on two semiconductor makers ... |
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