Stocks close higher

Posted by Financial Market News on August 12th, 2008

THE Australian share market closed moderately stronger driven by an improvement in financial stocks and a positive lead from Wall Street but with weaker mining stocks limiting overall gains.

Federal Budget Deficit Hits $102B In July

Posted by Financial Service News on August 12th, 2008

Aug 12, 2008 6:50 pm US/Eastern The federal budget deficit soared in July, pushed higher by economic stimulus payments and $15 billion in outlays to protect depositors at failed banks.

Former Thai PM Thaksin skip…

Posted by Financial Market News on August 12th, 2008

Ousted Thai Prime Minister Thaksin Shinawatra and his wife Potjaman leaving the criminal court in Bangkok on July 31.

Stocks mostly lower amid financial sector concerns

Posted by Financial Service News on August 12th, 2008

Jeffrey Vasquez, right, and fellow traders work on the floor of the New York Stock Exchange after the Federal Reserve interest rate decision, Tuesday Aug.

Stocks mostly lower amid financial sector concerns

Posted by Financial Service News on August 12th, 2008

Jeffrey Vasquez, right, and fellow traders work on the floor of the New York Stock Exchange after the Federal Reserve interest rate decision, Tuesday Aug.

Recession? Eat, drink, smoke and be merry

Posted by Financial Market News on August 12th, 2008

As a global recession looms, what better way to cope than to eat, drink and be merry? Even as consumers face soaring energy costs, rising food prices and higher mortgages or rent, it seems clear they're not ...

Recession? Eat, drink, smoke and be merry

Posted by Financial Market News on August 12th, 2008

As a global recession looms, what better way to cope than to eat, drink and be merry? Even as consumers face soaring energy costs, rising food prices and higher mortgages or rent, it seems clear they're not ...

Recession? Eat, drink, smoke and be merry

Posted by Financial Market News on August 12th, 2008

As a global recession looms, what better way to cope than to eat, drink and be merry? Even as consumers face soaring energy costs, rising food prices and higher mortgages or rent, it seems clear they're not ...

Recession? Eat, drink, smoke and be merry

Posted by Financial Market News on August 12th, 2008

As a global recession looms, what better way to cope than to eat, drink and be merry? Even as consumers face soaring energy costs, rising food prices and higher mortgages or rent, it seems clear they're not ...

Swiss Bank Unveils More Losses

Posted by Financial Service News on August 12th, 2008

Swiss banking giant UBS is to reorganise itself into three units after posting further losses due to the sub-prime mortgage crisis in the US.


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