Daily finance news on Stock market

Here is a collection of financal news about stock market, futures, options & reviews. Also includes some RSS feeds about other news source for your reference. The news is in english. You can check the chinese finance news from yahoo.

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Stocks tumble ahead of jobs report
Stocks tumbled Thursday as a rash of job cuts at major companies added to jitters ahead of the November jobs report.

No Merrill honeymoon for BofA
Bank of America CEO Ken Lewis has no shortage of distractions nowadays.

Credit Suisse axes 5,300 jobs

Investors drain $12B from mutual funds
Money flowed out of mutual funds last week, erasing a spike in deposits from the week before, as market volatility continued to undermine investors' confidence.

Bank-to-bank lending eases
Bank-to-bank lending rates continued to march lower, as a trio of European central banks slashed their key interest rates, a move that markets had largely expected.

Why you should be buying stocks now
When new clients come to me, I ask them a few questions about risk. One is "What would you do if the value of your stocks fell by 50%?"

Credit markets ease slightly
The credit markets showed slightly improved confidence Wednesday, as lending rates fell ahead of expected interest rate cuts by Europe's central banks.

Oil under $44 as global economy falters
Oil prices fell to nearly a 4-year low Thursday, dipping below the $44-a-barrel mark, as concern about the economies of Europe and the United States continued to weigh on energy demand.

Dollar rises against euro, pound
The U.S. dollar gained against most major currencies Wednesday, ahead of expected interest rate cuts by European central banks this week and amid volatile global equity markets.

Nightmare on Wall Street continues
The hits just keep on coming for Wall Street.

Gas prices fall near the $1.80 mark
Gas prices have been in decline for the past 77 days as the slowing economy has driven down the price crude oil, according to a daily survey released Wednesday.

Dollar falls as stocks rally
The dollar fell against major currencies Tuesday as stocks rallied and investors awaited the expected rate cuts of European central banks.

Credit market pressure eases
The credit market showed modest signs of improvement Tuesday as lending rates eased and investors anticipate European central banks will lower key lending rates this week, making borrowing cheaper in that region.

Goldman may post $2 billion loss - report
Wall Street firm Goldman Sachs may report a quarterly net loss of as much as $2 billion, according to a report in the Wall Street Journal.

Buy American? Betting on a Big 3 bounce
The fate of General Motors and the rest of the Big Three may soon be decided in Washington.


Useful links for finance news


Yahoo! Finance RSS Feed (Chinese)
Provides news feeds for all major newspaper in HK, including 東方日報, 明報, 星島日報, 太陽報...etc. This is the article source of the above news.

CNN / Money: RSS
Provides finance related news feeds from money.cnn.com. I would recommend you to subscribe the "Markets" feed.




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