Updated : Mon, 05 Jan 2009 23:53:01 GMT
AFP - World stock markets rose on Monday, with Tokyo hitting the highest level for almost two months as investors hoped that the US economy would start to recover this year after a dire 2008.
Publ.Date : Mon, 05 Jan 2009 11:43:16 GMT
Reuters - Legislation designed to stem foreclosures by allowing bankruptcy judges to erase some mortgage debt will be introduced by Congressional Democrats on Tuesday, and hopes are high that it will pass after a similar plan failed last year.
Publ.Date : Mon, 05 Jan 2009 23:53:01 GMT
Reuters - General Electric Co's finance arm on Monday launched a $10 billion sale of FDIC-backed debt, the largest sale under the government guarantee program since its inception last November.
Publ.Date : Mon, 05 Jan 2009 21:53:18 GMT
AFP - More than 40 Hong Kong toy makers who say they lost 10 million US dollars following the collapse of US retailer KB Toys said Monday they would be seeking compensation from trading firm Li & Fung.
Publ.Date : Mon, 05 Jan 2009 12:12:03 GMT
Reuters - Stocks fell on Monday as investors booked profits after last week's run-up, while concerns about slowing cell phone sales hit shares of the biggest telecommunications companies.
Publ.Date : Mon, 05 Jan 2009 21:34:12 GMT
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