Bailout Ripples, Belgian Bank Buoy

Tue, 30 Sep 2008 21:59:21 -0800

NEWS AT A GLANCE

The remains of the bailout

Congressional and White House leaders returned to work on an economic rescue package, after the House's unexpected defeat of the measure sparked sharp sell-offs in U.S. and foreign markets. The House won't vote on a new measure until at least Thursday. (

Bailout Takes Shape, WaMu Speed-Dates

Thu, 25 Sep 2008 22:05:38 -0800

NEWS AT A GLANCE

Bailout plan comes into focus

Congressional leaders and the Bush administration are getting close to a deal on the massive Wall Street bailout plan, with the White House agreeing to restrictions on executive pay at participating firms. Sticking points include whether to phase in the $700 billion and if the government gets any equity in the firms it bails out. (

Singapore Wants More, The Bailout Cometh

Tue, 23 Sep 2008 22:09:29 -0800

NEWS AT A GLANCE

Singapore fund shifts to emerging markets

Singapore's $100 billion sovereign wealth fund, Government of Singapore Investment Corp., said it is shifting its assets toward emerging markets, hedge funds, and natural resources to boost returns. GIC, in its first-ever annual report, said it now has only 25 percent of its holdings in bonds, from 75 percent 25 years ago. (

Global Cash Flood, British Bank Wedding

Thu, 18 Sep 2008 22:05:35 -0800

NEWS AT A GLANCE

Central banks open their vaults

The world's top central banks said they will pump more than $180 billion in extra dollar funds into the financial markets today, in a coordinated effort to restore liquidity to the market. The participating banks are the U.S. Federal Reserve, the European Central Banks, and the central banks of England, Canada, Japan, Britain, and Switzerland. ...

Confidence Slides, AIG Slips Under

Wed, 17 Sep 2008 22:05:55 -0800

NEWS AT A GLANCE

Bloomberg index: global confidence drops

Confidence in the global economy fell this month, according to the Bloomberg Professional Global Confidence Index, which measures the sentiment of Bloomberg users on five continents. The index fell to 11.3, from 14.1 in August; in the U.S., confidence fell to 10.6, from 18.2. Any number below 50 indicates pessimism. ...

The Best of Today's Business

Bailout Ripples, Belgian Bank Buoy

Bailout Takes Shape, WaMu Speed-Dates

Singapore Wants More, The Bailout Cometh

Global Cash Flood, British Bank Wedding

Confidence Slides, AIG Slips Under