1. G-7 finance chiefs will hold talks with private-sector bankers data: 10.04.08
They will meet in Washington on Friday to discuss a common response to the financial crisis.
2. Microsoft warns Yahoo board to act on merger offer data: 07.04.08
Microsoft has warned the board of Yahoo that if a merger agreement is not completed within three weeks, Microsoft would make its offer directly to Yahoo shareholders, probably at a lower price.
3. Credit crisis could cost nearly $1 trillion, IMF predicts data: 10.04.08
Total losses from market meltdown, including the securities tied to commercial real estate and loans to consumers and companies, may reach $945 billion, the International Monetary Fund said Tuesday.
4. Oasis Hong Kong Airlines goes bankrupt data: 10.04.08
The long-haul budget carrier, which tried to offer premium service and spacious seats at low prices, suddenly went into liquidation Wednesday, canceling all flights.
5. U.S. home prices continued to plunge in January data: 27.03.08
The fresh evidence of deterioration in the U.S. housing market came as a measure of consumer confidence reached a five-year low.
6. Americans begin to face the pain of an overvalued house data: 27.03.08
Homeowners sometimes lose sight of the fact that their home is only a house to most buyers, especially when prices are falling.
7. Asian stocks rise on strength of commodities data: 07.04.08
But concerns about the impact of the credit crisis on the financial system lingered, driving banking shares lower.
8. Ford closes sale of Jaguar and Land Rover to Tata of India data: 27.03.08
Tata Motors said Wednesday it would buy the luxury brands Jaguar and Land Rover from Ford Motor for about $2.3 billion in cash, less than half the price that Ford paid for the two companies.
9. U.S. equity loans are next round in credit crisis data: 27.03.08
Lulled by good times, millions of Americans borrowed â sometimes heavily â against the roofs over their heads. Now the bill is coming due.
10. U.S. Senate panels to investigate Bear Stearns deal data: 27.03.08
Treasury Secretary Henry Paulson Jr. defended the takeover even as he called for more transparency on the part of Wall Street.
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