Archive for the 'Uncategorized' Category

13 Apr

China Has Scope to Raise Interest Rates, Zhou Says

By Luo Jun, Zhao Yidi and Klaus Wille

April 14 (Bloomberg) — China’s central bank chief, who raised interest rates six times last year, said there’s still room for the country’s lending and deposit rates to increase to help cap the fastest inflation in more than a decade.
“The anti-inflation policy is a combination of both […]

23 Jan

Stocks Recover After Fed Rate Cut

Wednesday January 23, 6:49 pm ET
By Madlen Read, AP Business Writer

Wall Street Whiplash: Stocks Plunge, Then Post Big Gains on Day After Fed Rate Cut
NEW YORK (AP)– It started with another stomach-turning drop at the open, and a loss of more than 300 points by midday. Then stocks changed course, raced higher and closed […]

22 Jan

Asian Markets Tumble on US Worries

Tuesday January 22, 4:08 am ET
By Yuri Kageyama, AP Business Writer

TOKYO (AP) — Global stock markets extended their shakeout into a second day Tuesday, plunging amid fears that a possible U.S. recession will cause a worldwide economic slowdown.
The dramatic declines in Asia and Europe were expected to spread to Wall Street, where stock index […]

18 Jan

Stocks Extend Plunge; Dow Falls 306

Thursday January 17, 6:14 pm ET
By Tim Paradis, AP Business Writer

Stocks Extend Plunge As Manufacturing Index Falls; Bond Insurers Fall Amid Fears of Losses
NEW YORK (AP) – Wall Street extended its 2008 plunge Thursday, sending the Dow Jones industrials down 306 points and to their lowest level since last March after a regional Federal […]

19 Sep

The history of the world: Without the boring bits

The story of mankind is one long tale of greed, lust, debauchery and murder – if only you know where to look. Ian Crofton trawls through the annals of history to find all the juicy bits
4004bc
‘The Day of Creation’
The date of Creation, according to James Ussher, Protestant Archbishop of Armagh, in his 1650 work Annales […]