- Asian Market Losses Deepen – NYTimes.com
Asian stock markets headed into another day of steep falls on Thursday, led by the Nikkei 225 index, which plunged more than 7 percent in morning trading.
- African free trade zone is agreed
The leaders of three African trading blocs agree to create a free trade zone of 26 countries with a GDP of $624bn (£382.9bn).
- T-Mobile G1 now available
$179.99’s the price on two-year contract, and if they do sell out online, don’t sweat it just yet — sweep your local stores today.
- Eye-Fi Explore
The Eye-Fi Explore SD card lets you transfer your photos wirelessly to your PC and/or popular photo-sharing sites via Wi-Fi, and it also geotags your images.
- Low-Cost Laptops in the Spotlight
And now for something completely different: a bit of bright economic news. Several laptops with reasonably robust specs are available for $500 to $700.
- Bold and confident v shy and retiring: Michelle and Cindy square up
In the battle of the would-be first ladies, the contrast could not be more profound. Michelle Obama and Cindy McCain have little in common in their backgrounds or style, and the gulf is likely to be reflected in the approach adopted by whichever one takes
- Bailout seen hitting Obama, McCain health plans
- RNC shells out $150K for Palin fashion
The expenditures immediately raise questions about their legality, but the campaign says purchases for the VP nominee will eventually go to charity.
- McCain ‘amazed’ by Palin treatment
John McCain called out fellow Republicans who have questioned running mate Sarah Palin’s credentials Tuesday. “She is a governor, the most popular governor in America,” McCain said.
- Merck to chop 12% of workforce
Merck & Co. will cut 7,200 jobs, or 12% of its workforce, as the third-largest U.S. drugmaker faces generic competition and falling sales of its Zetia and Vytorin cholesterol pills.
- Canadian dollar falls to three-year low
Canada’s currency dropped to the lowest since June 2005 as commodities including crude oil fell and on speculation the country’s central bank would extend interest-rate cuts in the face of slowing economic growth.
- Pound tumbles to a five-year low
The pound drops by almost 3% against the U.S. dollar, falling to its lowest level in five years, on recession fears.
- Hungary raises rates to bolster currency
Hungary’s central bank raised its base interest rate 300 basis points to 11.5 per cent on Wednesday after the forint sell-off that has been in train since Monday showed no signs of abating.
- ConocoPhillips quarterly profit up 41 percent
HOUSTON (Reuters) – ConocoPhillips (COP.N: Quote, Profile, Research, Stock Buzz), the third-largest U.S. oil company, said on Wednesday its quarterly earnings rose 41 percent on higher oil prices and topped Wall Street estimates even as storms in the…
- Wachovia reports $23.9 billion loss – Reuters
NEW YORK (Reuters) – Wachovia Corp on Wednesday posted a $23.9 billion third-quarter loss, a record for any U.S. lender in the global credit crisis, underscoring the challenges Wells Fargo & Co will face after it acquires the big lender. The…
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