US stocks suffered their worst one-day fall since the 1987 crash on Monday, after the House of Representatives shocked investors by voting to reject the Bush administration’s US$700b bail-out plan.
The dollar rose as President George W. Bush and Congressional leaders agreed on a US$700b plan to revive credit markets by purchasing banks’ distressed debt.
Lehman Brothers (Lehman), once a respected investment bank caused many investors to lose millions of dollars.
9月25日,中金黄金公告称,以4.5亿元并购中国黄金集团旗下4座金矿资产的议案已顺利通过股东大会。
On that day, the Shanghai index fell to 1,800 points while the Hang Seng Index threatened to break 16,000 only for both to stage a very strong rebound – a V-shaped rebound.
Equities rose strongly on Thursday as members of Congress decided in principle to pass a US$700b Treasury plan to bail out the banking system.
For the not-so-young group of readers, this tune should sound familiar to all for it used to – and still does – occupy airwaves.
Rickmers Maritime (RMT) recently accepted delivery of its 12th vessel, MOL Dedication, the second of 13 additional vessels RMT is contracted to buy over 2008-2010.
It was an earth-shaking and event-moving fortnight to say the least. Indeed, 2008 may be known as the year when the financial landscape of Wall Street changed forever.
My parents used to keep telling me how important an education was for our future.