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Business with Reuters - International Herald Tribune

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Indexes are flat as a terrible month ends Affectez un tag à cette news
Wall Street was mixed Friday morning as it tried to finish a tumultuous month on a positive note. October is on track to go down as the worst month in the American stock market since 1987.Business with Reuters - International Herald Tribune, 2008-10-31 18:07:47

Investigation of credit crisis inspires a rare cooperation of prosecutors Affectez un tag à cette news
Michael Garcia, the U.S. attorney in Manhattan, and Andrew Cuomo, the New York State attorney general, will jointly investigate the shadowy world of credit-default swaps, the $55 trillion market in unregulated financial instruments at the center of the meltdown.Business with Reuters - International Herald Tribune, 2008-10-31 17:08:16

Hedge funds try to stop investors from leaving Affectez un tag à cette news
Managers argue that if they had to return investors' money exactly when investors demanded funds would have to unload securities at fire-sale prices and many clients who were not looking to get out would be hurt by those moves.Business with Reuters - International Herald Tribune, 2008-10-31 17:08:16

Investors return to gloomy ways Affectez un tag à cette news
Investors managed to record a positive session on Thursday despite a GDP report showing the first contraction in the economy in seven years. But concerns about corporate earnings and the holiday shopping season appeared to get the better of investors on Friday morning.Business with Reuters - International Herald Tribune, 2008-10-31 17:08:16

Japanese banks cut their earnings estimates Affectez un tag à cette news
Once thought to be relatively insulated from the global credit crisis, the largest banks in Japan are facing a sharp downturn in profit as domestic growth slows and holdings in clients' shares lose value.Business with Reuters - International Herald Tribune, 2008-10-31 17:08:16

Asian stocks mixed; European indexes slide Affectez un tag à cette news
Futures indexes in the United States were down, indicating that shares on Wall Street will open lower, a day after all three major exchanges rose more than 2 percent.Business with Reuters - International Herald Tribune, 2008-10-31 16:07:56

U.S. consumers retreat and brace for leaner times Affectez un tag à cette news
A Commerce Department report on Friday showed that consumer spending shrank by 0.3 percent in September and was flat in both August and July.Business with Reuters - International Herald Tribune, 2008-10-31 16:07:56

Financial crisis tests the mettle of South Korean leader Affectez un tag à cette news
When South Koreans blame LeeMan Brothers for their nation's economic woes, they are referring to Lee Myung Bak, the president, and Kang Man Soo, his finance minister.Business with Reuters - International Herald Tribune, 2008-10-31 15:07:53

Asian stocks mixed; European indexes slide Affectez un tag à cette news
Japan and Hong Kong lead declines as investors consolidated earlier gains, but other regional market gained.Business with Reuters - International Herald Tribune, 2008-10-31 15:07:53

French and Dutch bank rescue plans win EU approval Affectez un tag à cette news
French and Dutch programs to shore up the banking sector in the wake of financial turmoil won EU approval on Friday.Business with Reuters - International Herald Tribune, 2008-10-31 15:07:53