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(AFX UK Focus) 2008-12-02 05:12 CORRECTED-Nikkei drops 5 pct as yen, grim global economy bite

Published December 1, 2008, 9:35 pm, Interactive Investor

TOKYO, Dec 2 (Reuters) - Japan's Nikkei average slid 5 percent on Tuesday, dragged down by exporters such as Honda Motor Co on a stronger yen as fears deepened about the global economy in the wake of dismal data worldwide. Mitsubishi Corp and other trading houses took a beating after oil prices fell to around a 3-½ year low amid the grim global economy and after producer group OPEC decided to ...

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Neutral Zone Wrap: Week 9

Published December 1, 2008, 9:12 pm, RotoWire via Yahoo! Sports

Getting ready for Week 9 includes a look at players who have disappointed us through the season's first two months.

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(AFX UK Focus) 2008-12-02 04:56 Nikkei drops 5 pct as yen, grim global economy bite

Published December 1, 2008, 9:03 pm, Interactive Investor

TOKYO, Dec 2 (Reuters) - Japan's Nikkei average slid 5 percent on Tuesday, dragged down by exporters such as Honda Motor Co on a stronger yen as fears deepened about the global economy in the wake of dismal data worldwide.

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CORRECTED - CORRECTED-Nikkei drops 5 pct as yen, grim global economy bite

Published December 1, 2008, 8:57 pm, Reuters via Yahoo! Philippines News

(Corrects name of firm to Daiwa SB Investments in paragraph 4) (Updates to midafternoon)

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AC to offer combined classroom, online classes

Published December 1, 2008, 8:27 pm, The Lufkin Daily News

AC News Service

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(AFX UK Focus) 2008-12-02 03:53 Glance-PRESS DIGEST - Financial Times - Dec 2

Published December 1, 2008, 8:19 pm, Interactive Investor

The luxury car manufacturer Aston Martin announced on Monday that it is to lay off around 300 of its permanent staff and a similar number of temporary workers. The credit squeeze has pushed the volume of UK sales down by a quarter in the year to October.

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With thinning of enquiry for Indian black pepper from its largest overseas markets in the US and Europe, the spice ...

Published December 1, 2008, 8:13 pm, India Infoline

Squeeze in the purchasing power in the US and Europe in the aftermath of downturn in their economy, has come as a boon to black pepper consumers in India.

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(AFX UK Focus) 2008-12-02 03:03 Nikkei tumbles on yen, darkening economic view

Published December 1, 2008, 7:34 pm, Interactive Investor

By Elaine Lies

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U.S. automakers rush to finish plans for Congress

Published December 1, 2008, 7:12 pm, The Globe and Mail

DETROIT/WASHINGTON (Reuters) - U.S. automakers led by General Motors Corp on Monday rushed to finish restructuring plans demanded by Congress before lawmakers reopen the debate this week on the $25 billion in emergency funding the industry says it needs to survive.

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Interest rate cuts to squeeze bank margins

Published December 1, 2008, 6:35 pm, People's Daily

Profitability of Chinese banks are likely to come under pressure next year after the steep reduction in lending rates, according to bankers and economists. The central bank while announcing the measures last week had also cut the reserve money requirements for banks and removed curbs on lending. These moves will squeeze interest spread of banks, but at the same time boost the total lending ...

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