|
|
|
|
news.yahoo.com
--
2 hours, 36 minutes ago FRANKFURT (Reuters) - The financial crisis will probably not end until next year or even 2010, Germany's Handelsblatt newspaper quoted Morgan Stanley (MS.N) co-President Walid Chammah as saying in a preview of its Monday edition...
Read More
|
|
|
news.yahoo.com
--
By Alan Wheatley, China Economics Editor 41 minutes ago TOYAKO, Japan (Reuters) - It is hard to know how far the global financial crisis still has to run, with the extent of further credit losses hinging on what happens to the U.S. housing sector, IMF c..
Read More
|
|
|
news.yahoo.com
--
Sun Jun 29, 5:01 AM ET MILAN (Reuters) - The worst of the financial crisis is over and markets should start settling from the second half of this year, the head of France's biggest listed bank, BNP Paribas, told Italy's La Repubblica newspaper.
"The wo..
Read More
|
|
|
news.yahoo.com
--
Sun Jun 15, 1:22 AM ET KUALA LUMPUR (Reuters) - The global subprime crisis has yet to run its course, the chairman of British bank Barclays Plc (BARC.L) said on Sunday, amid concerns that big lenders will unveil more credit-related losses in coming week..
Read More
|
|
|
news.yahoo.com
--
1 hour, 51 minutes ago MADRID (AFP) - Spain's Economy Minister Pedro Solbes said Friday the country's once-buoyant economy was experiencing an "abrupt adjustment" but denied it was in "crisis."
The minister noted the "huge impact" of the slowdown, evid..
Read More
|
|
|
news.yahoo.com
--
By JEANNETTE NEUMANN, Associated Press Writer Sun Jun 8, 8:27 PM ET BUENOS AIRES, Argentina - Argentina, one of the world's biggest breadbaskets, should be rolling in cash as world food prices soar.
Instead, soy, wheat and corn have sat for weeks in si..
Read More
|
|
|
news.yahoo.com
--
1 hour, 25 minutes ago BERLIN (Reuters) - The economic downturn in the United States may not be as steep as feared but the crisis in global financial markets will hit bank earnings, Germany's Deputy Finance Minister Thomas Mirow said on Sunday.
In an a..
Read More
|
|
|
news.yahoo.com
--
Sun May 25, 6:21 AM ET MADRID (Reuters) - Blame for the sub-prime crisis lies at the feet of banks who took too many risks in mortgage lending, U.S. billionaire investor Warren Buffett told newspaper El Pais in an interview published on Sunday.
"The ba..
Read More
|
|
|
news.yahoo.com
--
1 hour, 30 minutes ago NEW YORK (Reuters) - Former American International Group CEO Maurice "Hank" Greenberg has said the insurer is in "crisis" and urged a delay in its annual general meeting scheduled for Wednesday, according to a letter he sent to th..
Read More
|
|
|
news.yahoo.com
--
2 hours, 24 minutes ago NEW YORK (Reuters) - Former Federal Reserve Chairman Alan Greenspan said on Thursday that the worst of the credit crisis is over, according to sources who attended a speech he delivered in New York.
Greenspan also said house pri..
Read More
|
|
|
news.yahoo.com
--
10 minutes ago BERLIN (AFP) - Results from two German banks on Wednesday showed that the knock-on effects of the US subprime home loan crisis are still being felt around the world.
Commerzbank, Germany's second biggest private bank, warned after announ..
Read More
|
|
|
news.yahoo.com
--
Tue May 6, 11:49 AM ET ZURICH (AFP) - Swiss banking giant UBS said on Tuesday it could cut up to 5,500 more jobs within the next year as it struggles to recover after wracking up huge losses in the US subprime home loan crisis.
UBS, the worst-hit bank..
Read More
|
|
|
news.yahoo.com
--
By Thomas Atkins 1 hour, 11 minutes ago ZURICH (Reuters) - UBS (UBSN.VX) axed 5,500 jobs and sold billions of dollars of ailing assets on Tuesday in a bid to break free from the subprime crisis, but its shares dropped as investors feared its earning pow..
Read More
|
|
|
news.yahoo.com
--
Sat May 3, 11:52 AM ET FRANKFURT (Reuters) - JPMorgan Chase & Co (JPM.N) does not expect the U.S. financial crisis to end soon and will remain very cautious, its top executive said in comments published by a German weekly on Saturday.
"We can only spec..
Read More
|
|
|
news.yahoo.com
--
Tue Apr 29, 3:59 AM ET FRANKFURT (AFP) - German insurer Allianz said Tuesday that its first quarter net profit will slump to a third of what it was in the year-earlier period due the ongoing financial crisis and weak stock markets.
The Munich-based gro..
Read More
|
|
|
news.yahoo.com
--
by Virginie Montet 2 hours, 52 minutes ago WASHINGTON, (AFP) - Two major US bulk retailers are rationing the sale of large bags of rice to consumers amid a growing global food crisis marked by skyrocketing prices and heavy pressure on demand.
Sam's Clu..
Read More
|
|
|
news.yahoo.com
--
By MATT MOORE, AP Business Writer 2 hours, 17 minutes ago FRANKFURT, Germany - The International Monetary Fund said Monday that the global credit crisis and persistent gloom over the U.S. economy have dampened the outlook for European economic growth...
Read More
|
|
|
news.yahoo.com
--
By Richard Barley 1 hour, 13 minutes ago LONDON (Reuters) - The financial crisis will affect market structure and pricing for at least a decade and lead to greater regulatory powers for central banks in areas at the centre of the turmoil, analysts at JP..
Read More
|
|
|
news.yahoo.com
--
By Emily Kaiser Sun Apr 13, 2:50 PM ET WASHINGTON (Reuters) - World finance leaders concluded a whirlwind weekend with a new plan to clean up banks and fresh resolve to rein in foreign exchange markets, but little hope that the credit crisis was nearing..
Read More
|
|
|
news.yahoo.com
--
BY HARRY DUNPHY, Associated Press Writer 2 hours, 19 minutes ago WASHINGTON - International finance leaders are working on plans to deal with the economic crisis that has roiled nations and sent food and energy prices soaring.
The World Bank's policy-s..
Read More
|
|
