General Motors Corp. and Chrysler LLC have held preliminary talks about a merger or an acquisition of Chrysler by GM, according to published reports Saturday. Americas |
The Russian government will start buying stocks next week, spending billions to help prop up stricken markets, Prime Minister Vladimir Putin said as parliament approved measures designed to get cash moving quickly into the troubled banking sector. Europe |
What is left in the U.S. government’s economic tool kit?
The commitment of US$700 billion did not impress markets here or around the world. Neither did fresh interest rate cuts. Stocks plunged yet again on Thursday. Global Markets |
 | Stock markets were in turmoil Friday after Wall opened with sharp losses before limping into positive territory, only to plunge again on comments from U.S. President George W. Bush. Global Markets |
The way the current financial crisis spread around the world like a brush fire, outracing all efforts to contain it, underscored a painful reality: We have a global economy, but nothing close to a global system for managing it. Global Markets |
Global finance chiefs gathered in Washington for crisis talks Friday in search of a solution to a growing financial firestorm as panic spread in global markets. Global Markets |
As harrowing as the stock market’s plunges have been in recent days, they still haven’t been enough to trigger the “circuit breaker” mechanisms that result in an automatic timeout in trading. Global Markets |
President George W. Bush said Friday that the U.S. government’s financial rescue plan was aggressive enough and big enough to work, but would take time to fully kick in. Global Markets |  |
It’s official! The bank bailout has not worked.
Global stock prices are in a panic rush to the bottom.
The bailout cannot fulfill its primary mission to restore investor confidence, because it does only half the job. Global Markets |
The credit markets might not be quite as squeezed as they have been recently, thanks to the Federal Reserve’s interest rate cut. But they’re hardly back to normal. Global Markets |
