Global stocks in turmoil as panic spreads
News.com.au (Free subscription) | 6 hours ago
GLOBAL share markets went into freefall overnight, although Wall Street managed to stem the losses.
Business
+Vote!
+Vote!
Buy into banks, govts told
Courrier Mail (Free subscription) | 9 hours ago
THE G7 group of countries wants governments to buy shares in failing banks to increase shareholder confidence after a horror week on world markets.
- add comment
- send to a friend
- Explore : Government
+Vote!
$7 trillion wiped off share markets
The Australian (Free subscription) | 10 hours ago
A FRENZIED day of panic selling across the world capped a week of extraordinary mayhem in which $7 trillion was wiped off markets.
18Vote!
Oil slicks to year low
Courrier Mail (Free subscription) | yesterday
OIL prices dipped below $79 US a barrel on Friday, dropping to the lowest level in nearly 13 months as investors grow more pessimistic.
+Vote!
Iron alarm after Mt Gibson shipping shock
News.com.au (Free subscription) | yesterday
INVESTORS have been warned off the junior and mid-cap pure-play iron ore miners, as further bad news from China is anticipated.
+Vote!
For some, gloom is good as gold
News.com.au (Free subscription) | yesterday
GOLD bullion dealers report spectacular sales as investors flock from traditional investments into the havens of gold and silver.
+Vote!
Slow growth to hit economy
The Australian (Free subscription) | yesterday
THE Australian economy will not be protected from the worsening global financial crisis, with forecasts of 300,000 job losses as sectors of the economy plunge into recession.
+Vote!
Banks not immune to woes
The Australian (Free subscription) | yesterday
AUSTRALIAN banks are different, right?
+Vote!
Resources to suffer as woes deepen
The Australian (Free subscription) | yesterday
THE bloodletting in resources could be set to continue.
- add comment
- send to a friend
- Explore : Goldman Sachs Group
+Vote!
Sub-prime: capitalist dream turns sour
The Australian (Free subscription) | yesterday
THIS time last year, few people outside the US had heard the phrase "sub-prime".
+Vote!
$230b wiped off in a week
Courrier Mail (Free subscription) | yesterday
AUSTRALIAN shares lost $230 billion in a horror week that saw investors bet against world leaders to solve the worst financial crisis in seven decades.
- add comment
- send to a friend
- Explore : Mortgages
+Vote!
European effort far from united
The Australian (Free subscription) | yesterday
LATE last month, German Finance Minister Peer Steinbruck was not quite gloating when he pointed the finger of blame at free marketeers in New York and London.
- add comment
- send to a friend
- Explore : Bradford, Cities and Towns, New York, New York City
+Vote!
Bear run grips market
Courrier Mail (Free subscription) | yesterday
THE Australian sharemarket is caught in one of the most vicious bear markets in its history, with the All Ordinaries falling through 4000 points.
+Vote!
Sub-prime tsunami finally swamps Asia
The Australian (Free subscription) | yesterday
THIS was the week the credit crisis touched down in east Asia.
- add comment
- send to a friend
- Explore : Asia, Tsunami
+Vote!
Margin calls soar as stocks collapse
The Australian (Free subscription) | yesterday
ANOTHER hellish day on the Australian share market saw several major banks issue near-record numbers of margin calls to clients yesterday.
