Most Asian and European markets fell for the second consecutive day Wednesday, while stocks in China and the U.S. made a recovery following a massive selloff a day earlier that pummeled stocks and sent shock waves through the investment world. Tuesday's rout -- which started in China and snowballed into Europe and Wall Street -- slowed slightly as investors bought up stocks at the lower prices and many analysts called for calm. Stocks dipped in and out of negative territory in New York, but made the modest recovery following comments Wednesday by U.S. Federal Reserve Chairman Ben Bernanke who said no single trigger was behind Tuesday's selloff. By midday Eastern Time, U.S. stocks were in positive territory...
http://www.cnn.com
censor News |
Editor - 09:31:00 02-28-07
|
 Airbus announces 10,000 jobs to go |
| Airbus confirmed Wednesday that it will cut 10,000 jobs across its European operations as it struggled against a weak dollar and costly delays to its flagship A30 superjumbo. The European plane maker said it wi.. full News |
Editor - 09:29:00 02-28-07
|
| Pakistan denies bin Laden is regrouping there U.S. has not backed up claim with evidence, interior minister says |
| Pakistan on Wednesday rejected a claim by the U.S. intelligence chief that Osama bin Laden and his deputy were hiding in northwestern Pakistan, and that al-Qaida was setting up camps near the Afghan border. Int.. full News |
Editor - 09:26:00 02-28-07
|
| Iraq's Neighbors, Including Iran and Syria, Agree to Baghdad Summit With U.S., British Envoys |
| Iraq's neighbors, including Iran and Syria, have agreed to join U.S. and British representatives at a regional conference here on the Iraqi security crisis, government officials said Wednesday. Deputy Foreign M.. full News |
Editor - 09:18:00 02-28-07
|
| Church's bankruptcy filing derails priest abuse trial |
| The Roman Catholic Diocese of San Diego filed for Chapter 11 bankruptcy protection a few hours before it was to go to trial Wednesday in the first of more than 140 lawsuits accusing priests of sexual abuse. The.. full News |
Editor - 09:16:00 02-28-07
|
| US accused on 'missing' prisoners |
| Thirty eight people believed to have been held in secret CIA prisons - or black sites - are missing, according to a report by a US human rights group. The Human Rights Watch (HRW) report also details allegation.. full News |
Editor - 09:14:00 02-28-07
|
|
| post The Good, The Bad and The Ugly |
|
|
