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Scotiabank Reports Fourth Quarter and Full Year Results

Published December 2, 2008, 8:49 am, PR Newswire via Yahoo! Finance

Earnings per share of $3.05 versus $4.01, includes $0.82

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FACTBOX-How Russian authorities are dealing with crisis

Published December 2, 2008, 7:04 am, Reuters via Yahoo! Philippines News

MOSCOW, Dec 2 (Reuters) - Russia has pledged over $200 billion from budget funds and its oil wealth cash pile to help cushion the economy from a sharp slowdown and to kick-start its financial markets.

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The Federal Reserve`s strategy for dealing with the financial crisis and its economic consequences has had three ...

Published December 1, 2008, 11:28 pm, India Infoline

As you know, this extraordinary period of financial turbulence is now well into its second year.

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Pimco, Franklin, GM Bondholders May Lose 75% for Aid (Update3)

Published November 26, 2008, 2:36 pm, Bloomberg

Nov. 26 (Bloomberg) -- General Motors Corp. may ask unsecured debt holders Franklin Resources Inc. and Pimco Advisors LP to accept as much as two-thirds less than the face value of their bonds as the automaker cuts debt in a bid to win U.S. government aid.

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UPDATE 2-Brazil Oct primary surplus less than forecast

Published November 26, 2008, 9:45 am, The Forex Market

BRASILIA, Nov 26 (Reuters) - Brazil's consolidated primary budget surplus fell in October compared to a year ago as state companies posted record deficits for the month but lower interest payments kept the nominal budget at a healthy surplus.

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Pimco, Franklin GM Debt May Lose 75% of Value in U.S. Aid Deal

Published November 26, 2008, 3:56 am, Bloomberg

Nov. 26 (Bloomberg) -- General Motors Corp. may ask unsecured debt holders Franklin Resources Inc. and Pimco Advisors LP to accept as much as two-third less than the face value of their bonds as the automaker cuts debt in a bid to win U.S. government aid.

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