Newsmeme!
Discover News you didn't know existed
SINGAPORE (Dow Jones)--Asian stock markets were declining Tuesday after Wall Street gave back a large part of its recent rise, with concerns about the outlook for the global economy heading into the end of the year.
The average price-earnings (P-E) ratio of listed Indian companies has fallen below 10 per cent from 33.49 on January 8 this year when the Bombay Stock Exchange Sensitive Index touched its all-time high. The average P-E is 9.61 now.
Latin American equity markets tumbled Monday, on pace with a disastrous day on Wall Street, as a series of poor economic reports underlined the effects of recession sweeping the globe.
Dec. 2 (Bloomberg) -- The yen extended gains to reach a five-week high against the dollar on speculation declines in global manufacturing and stocks will prompt investors to buy back Japan’s currency at the expense of higher-yielding assets.
Dec. 2 (Bloomberg) -- U.S. stocks fell the most in six weeks after a report showed the nation’s manufacturing contracted at the fastest pace in 26 years in November. Federal Reserve Chairman Ben S. Bernanke said the country’s economy will remain weak for a time.
SINGAPORE (Dow Jones)--Asian stock markets were set to decline Tuesday after Wall Street gave back a large part of its recent gains, with concerns about the outlook for the global economy heading into the end of the year.
Dec. 2 (Bloomberg) -- Australia’s central bank will probably cut borrowing costs to a six-year low, extending the biggest round of interest-rate reductions since a recession in 1991, amid signs the economy is close to stalling.
CHICAGO - Dec 1/08 - SNS -- Following is the currency futures comment from Alaron Trading Corp.
PGP Corporation, a global leader in enterprise data protection, today applauded Christopher Leach of Affiliated Computer Services, Inc., , a longtime PGP Corporation customer, as the winner of two Information Security Executive Awards.
Dec. 2 (Bloomberg) -- The yen may rise against the euro for a sixth day on speculation declines in global manufacturing and stocks will prompt investors to buy back Japan’s currency at the expense of higher-yielding assets.
Related News Resources:
> HGH News
|
Breaking News
and Top Stories |
Business
Earnings, Economy, Personal Finance, and Stock Markets |
Entertainment
Books, Celebrity, Fashion, Movies, Music, Television, and Theatre |
Health
Aging, Diseases, Medical Conditions, Medications, Sexual Health, and Weight Loss |
Politics
Congress, Supreme Court, and White House |
|
Science
Animals, Astronomy, Biotechnology, Space, and Weather |
Sports
Baseball, Basketball, Boxing, Football, Golf, Hockey, Motor Sports, Soccer, and Tennis |
Technology
Communications, Hardware, Internet, Personal Technology, and Software |
United States
and Crimes and Trials |
World
Africa, Antartica, Asia, Australia, Canada, Europe, Latin America, and Middle East |