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Market to rally if bailout hurdles US Senate PDF Print E-mail
Written by KRISTINE JANE R. LIU   
Thursday, 02 October 2008
A RALLY would likely ensue today after Wall Street rebounded from its largest point decline in history on expectation a revamped bailout plan would hurdle the US Senate.

Jonathan L. Ravelas, chief marketing strategist of Banco de Oro Unibank, Inc., said: "the market will remain sideways... but there might be a knee-jerk reaction [today] after the Dow’s gain."

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For Stocks, Worst Single-Day Drop in Two Decades PDF Print E-mail
Written by By VIKAS BAJAJ and MICHAEL M. GRYNBAUM   
Tuesday, 30 September 2008
Even before the opening bell, Monday looked ugly.

But by the time that bell sounded again on the New York Stock Exchange, seven and a half frantic hours later, $1.2 trillion had vanished from the United States stock market.
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House Rejects Bailout Package, 228-205; Stocks Plunge PDF Print E-mail
Written by CARL HULSE and DAVID M. HERSZENHORN   
Monday, 29 September 2008
WASHINGTON — In a moment of historic drama in the Capitol and on Wall Street, the House of Representatives voted on Monday to reject a $700 billion rescue of the financial industry.

The vote against the measure was 228 to 205. Supporters vowed to try to bring the rescue package up for consideration again as soon as possible.

Stock markets plunged sharply at midday as it appeared that the measure would go down to defeat.
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Australian Entrepreneurs Ripe For Angel Investment PDF Print E-mail
Written by Administrator   
Friday, 26 September 2008
It may be down to distance, but even nowadays, Australia is not usually known for producing big name start-up companies, even though it is a home for some of the greatest ideas. But as the web helps globalisation accelerate, ideas that develop in Australia can now mature there too.

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Last Updated ( Friday, 26 September 2008 )
 
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