January 31, 2010
Job seekers attend an interview workshop in San Mateo, California The US$700-billion US government effort to rescue the financial system has failed to meet key goals such as sparking lending and curbing risky activities by banks, a special auditor said Sunday. The special inspector general for the Troubled Asset Relief Program said in a report [...]
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January 16, 2010
In this Nov. 14,2009, file photo, President Barack Obama delivers a speech in Tokyo President Barack Obama on Saturday slammed Wall Street’s “audacity” for fighting a bailout fee he wants to slap on financial firms and said his Republican opponents had sided with big banks. With Obama’s popularity hovering around 50 percent and congressional elections [...]
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October 19, 2009
Stocks soared on the HCM City Stock Exchange last week, with the VN-Index advancing 4.73 per cent on the week to close at 609.54, on very heavy trading. On the Ha Noi Stock Exchange, the HNX-Index accumulated an even more impressive 9.05 per cent over the previous Friday’s close to end the week at 206.82.Nguyen [...]
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October 13, 2009
LookAtVietnam – The State Bank (SBV) has announced that it will extend a subsidized-lending program to the end of 2010. SBV said on its Web site October 12 that the policy extension will support businesses and individuals requiring medium to long-term capital. The subsidized-lending program shaves four percentage points off interest rates on loans that [...]
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September 16, 2009
The Hamptons in New York State, on the eastern tip of Long Island, has long been the summer playground for Wall Street executives. Only a 90-minute drive from Manhattan, this small piece of heaven on earth along the Atlantic coastline is dotted with multi-million dollar summer homes for some of Wall Street’s best known names. [...]
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September 15, 2009
U.S. President Barack Obama, speaking one year after Lehman Brothers Holdings Inc.’s collapse, reiterated on Monday his plan to overhaul the financial regulation system. U.S. President Barack Obama, speaking one year after Lehman Brothers Holdings Inc.’s collapse, reiterated on Monday his plan to overhaul the financial regulation system and urged the Congress to pass the [...]
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August 18, 2009
Wall Street plunged on Monday amid global sell-off, as investors around the world feared the recent rally of equities had outpaced the prospects for economic growth. Stocks on overseas markets extended the heavy selling that began on Wall Street Friday, triggered by a weaker than expected reading on consumer confidence. The Shanghai composite index fell [...]
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July 24, 2009
Traders work on the trading floor in the New York Stock Exchange in New York July 23, 2009. Wall Street rallied on Thursday on better-than-expected earnings and data on home sales with all major indexes jumping more than 2 percent. The Dow Jones Industrial Average topped the 9,000 mark for the first time since January. [...]
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July 21, 2009
Traders work on the trading floor in New York Stocks Exchange, the United States, July 20, 2009. Wall Street rallied on Monday as CIT Group reached a deal with key bondholders while a reading of economic indicators topped estimates. The Dow Jones average rose 104.21, or 1.2 percent, to 8,848.15. The S&P 500 index rose [...]
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July 20, 2009
Traders work on the floor of the New York Stock Exchange in New York last Friday Earnings are set to take center stage again this week as more marquee US companies line up to report their quarterly scorecards and investors decide whether to keep pushing stocks higher. Investors will turn their attention to household names [...]
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