The worst period of the financial crisis is over, according to Tao Dong, chief economist for Asia at Credit Suisse First Boston, in an article in Securities Market Weekly.
June 24 - Banks, insurers and asset managers worldwide have announced 384,661 job cuts since August 2007 when the credit crisis began to intensify. Following is a list of the deepest job cuts at major...
June 16 - Banks, insurers and asset managers worldwide have announced 383,661 job cuts since August 2007, when the credit crisis began to intensify. Following is a list of the deepest job cuts at major...
LONDON, June 5 - The world's financial policymakers appear to have steered a course through the worst of the credit crisis, but signs of recovery may now undermine their fragile consensus on policy. When finance...
SAO PAULO, June 3 - The financial crisis that dried up credit everywhere hit the global biofuel industry hard but the fuel-versus-food debate last year did even more damage to the European ethanol sector, the...
WASHINGTON, May 11 - The International Monetary Fund's executive board said on Monday it approved a $10.5 billion flexible credit line for Colombia as the Andean country seeks to fend off the global financial crisis....
* Koor, Qatar say Swiss bank will be winner in crisis * Outgoing chairman Kielholz also upbeat * AGM elects new chairman, OKs possible capital hike ZURICH, April 24 - Credit Suisse's main shareholders gave...
* Koor, Qatar say Swiss bank will be winner in crisis * Outgoing chairman Kielholz also upbeat ZURICH, April 24 - Credit Suisse's largest shareholder gave the Swiss bank clear backing on Friday, saying it...
Italy's fashion industry is calling for government help as the global crisis cuts into demand for designer clothes and accessories and the sector's first credit crunch casualty goes into special administration.
WASHINGTON, April 15 - Top U.S. securities regulators questioned Wall Street's reliance on credit ratings and weighed changes for the industry, which has been blamed for contributing to the financial crisis. At a day-long meeting...