Wall Street saw its biggest one-day-surge on Monday after eight days of deep losses that took the Dow down nearly 2.400 points. 14 Oct 2008
NEW YORK, USA: The Dow Jones Industrial Average dipped more than 7% on Thursday as panic sell-off dominated markets. 10 Oct 2008
The current global economic turmoil has been cited as one of the reasons Reserve Bank Governor Tito Mboweni has left the repo rate unchanged at 12%. 10 Oct 2008
Treasury moves to inject trust, as well as liquidity, into the UK banking system. 9 Oct 2008
In the midst of the global economic crisis, South Africa's markets are faring better than most other developing nations, having dropped 7% on Monday compared to developing nations sliding 10%. 9 Oct 2008
The primary consequence of the credit crunch for non-financial companies is the loss of access to cheap debt. 9 Oct 2008
European Union (EU) finance ministers agreed on Tuesday to coordinate their responses to the escalating global financial crisis. 8 Oct 2008
Among people with internet access intending to acquire a financial product in the next year, there is an 87% chance they will research their products of interest online beforehand. 7 Oct 2008
According to the results of a recent survey, WesBank remains the best large company to work for in South Africa. 7 Oct 2008
WASHINGTON: The US Senate on Wednesday approved a revised $700 billion bailout plan, which will authorise the US government the largest financial intervention since the Great Depression. 2 Oct 2008
Pigheadedness and politicking cost American taxpayers $1.1 trillion from their savings and retirement funds yesterday and the cost to the world's economies will be much greater than it need be if a package isn't passed soon - without watering down. 1 Oct 2008
The current global economic environment is cause for concern for all of us, according to North West Premier Edna Molewa, who says South Africans are in for a tough time. She said while it was expected that the value of houses in South Africa would decline, the high cost of living was making it difficult for owners to make their monthly bond payments. 30 Sep 2008
For much of the last decade, AIG was the shining star in the insurance industry. Last week this all changed, when a liquidity crisis at the company forced the US government to intervene. 26 Sep 2008
Markets plunged almost immediately following the news of the resignation of cabinet members on Tuesday, including Finance Minister Trevor Manuel and his deputy Jabu Moleketi, with the All Share dropping 4% and the rand giving up 25 cents to the dollar. 23 Sep 2008
Markets remain calm and almost unperturbed by the announcement of the resignation of President Thabo Mbeki delivered in a televised address on Sunday evening, say economists. 22 Sep 2008
USA: In a week that has cleaved once-mighty Wall Street institutions asunder, no market is safe from panic-induced losses, and that includes the technology sector. 19 Sep 2008
For all the hundreds of millions of dollars US short-term insurance companies spend on advertising their car insurance policies, they're not getting a very high conversion rate. 18 Sep 2008
The US Federal Reserve announced on Wednesday that the Federal Reserve Bank of New York will lend an 85 billion dollar-bridge-loan to American International Group Inc. (AIG) to save the country's biggest insurer from bankruptcy. 17 Sep 2008
The dramatic downward spiral of events in New York have continued to reshape the global financial system. 16 Sep 2008
Retail banks can see the benefits of technologies that enable a new, more customisable and interactive internet experience could bring to their online offerings, but fret about their security implications. 11 Sep 2008
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