Business News

Nikkei slips to new 5-year low despite rate cuts Posted: 09 Oct 2008 02:02 AM CDT By Elaine Lies

U.S. signals may consider buying bank stakes Posted: 09 Oct 2008 01:59 AM CDT By Jason Subler

GLOBAL MARKETS - Coordinated rate cuts nudge up Asia stocks Posted: 09 Oct 2008 01:57 AM CDT By Kevin Plumberg

Bank of Japan pumps record $40 bn into market Posted: 09 Oct 2008 01:53 AM CDT Tokyo, Oct 9 (DPA) The Bank of Japan injected a record 4 trillion yen ($39.8 billion) into the money markets Thursday amid escalating concerns over the global financial crisis.

Abu Dhabi to host energy conference in November Posted: 09 Oct 2008 01:52 AM CDT Abu Dhabi, Oct 9 (IANS) The Emirates Centre for Strategic Studies and Research (ECSSR) will host the 14th Annual Energy Conference here next month to evaluate the development of nuclear energy in the Gulf.

Venezuela's President Chavez mulls oil bank Posted: 09 Oct 2008 01:49 AM CDT Caracas, Oct 9 (Prensa Latina) Venezuelan President Hugo Chavez has suggested the creation of an international oil bank aimed at ensuring energy security in the face of uncertain and speculative oil prices.

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