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2012-01-02 09:10:00

While Some Asian Markets Dipped, USAPaydayForever.com Reports Record Applications For Payday Loan Advances. They Fear Economic Fallout. (PRWEB) January 02, 2012 Recently, a financial news article at Yahoo news reported that while most Asian stock markets were closed Kospi fell. The article also reports that other Asian markets that were open also saw some falls. The article says, “South Korea's Kospi, which lost 11 percent of its value last year, was marginally lower at 1,825.37....

2009-08-28 07:58:47

Winding down policies designed to prop up an ailing economy may need to be followed by dismantling some of its success stories, top U.S. regulators said. Success may have different looks to different folks, but the rescue of banks deemed too-big-to-fail to prevent a systemic disaster in the financial system appears to have been a success. With billions of government dollars poured into large banks, the government leveraged its options with the help of other large banks, turning chaos into...

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2009-07-27 06:19:19

The corporate reporting season, a trudge through Wall Street's second quarter results, has been met with vigorous approval, it seems, in Asian markets. While U.S. markets turned in a mixed day Friday, Asian markets continued to post positive numbers Monday with the Nikkei 225 in Japan rising for the ninth straight session and closing above the 10,000-point mark for the first time since mid-June. The Nikkei index added 144.11 or 1.45 percent, to 10,088.66, while the Shanghai composite index...

2009-07-13 08:43:02

Asian markets were sharply lower Monday, on a day marked by merger news in the airline and food industries in China and Japan. China Eastern Airlines said it was prepared to purchase Shanghai Airlines in a share swap worth $1.3 billion, The New York Times reported. In Japan, Suntory Holdings said it was in talks to merge with Kirin Holdings, which would form a giant food group by any measure. Last year, the two companies combined to sell $41 billion worth of food and beverages. On Monday,...

2009-06-12 06:52:41

Asian markets climbed higher Friday, following U.S. reports the jobless claims had decreased and retail sales had made gains. As a symbolic improvement, Japan's Nikkei average closed above 10,000 points for the first time since October. The Nikkei closed at 10,135.82, up 1.55 percent, while the Hang Seng index in Hong Kong climbed 0.5 percent to 18,889.68. The Kospi index in South Korea climbed 0.7 percent to 1,428.59, while the S&P/ASX in Australia rose 0.4 percent to 4,062.20. In China,...

2009-06-09 06:54:14

The strength of the U.S. economic recovery is showing signs of strain this week with rising unemployment undermining improvements. Although U.S. markets have made monthly gains March, April and May, the U.S. Department of Labor said unemployment rose to 9.4 percent last month. With 7 million jobs lost since December 2007, it is a figure that haunts every corner of the marketplace. Not a month after the U.S. Treasury released results of stress tests it conducted for 19 of the country's largest...

2009-06-05 14:49:00

TSX: MAI NASD-OTCBB: MNEAF SPOKANE, WA, June 5 /PRNewswire-FirstCall/ - Minera Andes Inc. (TSX: MAI and US OTC: MNEAF) announces the results of a NI 43-101 Technical Report that comprises an independent review of the mineral resources and reserves as of June 2008 at the San Jose mine in Santa Cruz province, southern Argentina. The San Jose mine is operated by Minera Santa Cruz S.A. ("MSC") (owned 51% by Hochschild Mining plc ("Hochschild") (HOC.L Reuters, HOC.LN Bloomberg, London...

2009-04-30 14:03:09

Asian and European markets rose Thursday, a day after a gain in U.S. markets that shrugged off a dismal first-quarter report. The U.S. government said the gross domestic product fell 6.1 percent in the first quarter. In spite of that, the Dow Jones industrial average on Wednesday gained 168.78 points or 2.11 percent to 8,185.73. The Standard & Poor's 500 and the Nasdaq composite index also rose. On Thursday, the Nikkei 225 in Tokyo gained 3.94 percent, 334.49 points, to 8,828.26. The...

2009-04-27 06:09:24

The bounce in U.S. markets slowed last week after pushing ahead for six weeks with gains that began in advance of a bumpy corporate earnings season. The Dow Jones industrial average clawed back some of the losses from last Monday's free-fall, but ended 55 points lower for the week, or 0.68 percent, ending a month and a half of advances. The Nasdaq composite index pushed its streak to the seventh week, gaining 1.27 percent, 21.22 points, to 1,694.29 by Friday. The S&P dropped 0.39 percent,...

2009-04-14 05:59:48

New York financial giant Goldman Sachs said its fortunes had turned and it was ready to take the bold step of wriggling out from under the government's thumb. In the first major surprise of the corporate reporting season, Goldman said its quarter-to-quarter turnaround was strong enough to contemplate paying back the government the $10 billion it has received in from the Troubled Asset Relief Program, plus warrants that must be valued by an independent firm, The New York Times reported...


Word of the Day
drawcansir
  • A blustering, bullying fellow; a pot-valiant braggart; a bully.
This word is named for Draw-Can-Sir, a character in George Villiers' 17th century play The Rehearsal.
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