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Tuesday, October 07, 2008 |
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World markets
plummet |
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Investors doubt US bailout deal can stem crisis |
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LONDON: World stock markets
plummeted on Monday, striking four-year lows, as panic-stricken
investors doubted whether a Wall Street bailout package would stem
the global financial crisis.
London, Frankfurt and Paris all
tumbled more than 6 percent before pulling back slightly while a
15-percent dive in Moscow forced yet another halt to Russian
trading.
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O T H E R R E P O R T S
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10 companies vying
to acquire Philamlife
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Philippine-American Life and
General Insurance Co. (Philamlife) on Monday said that it would make
its potential buyers pass through the wringer.
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Preneed plan
holders spoil Yuchengco bid
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Planholders of Pacific Plan Inc.
are raising their voices against any moves by the Yuchengco Group of
Companies to acquire Philippine-American Life and General Insurance
Co. (Philamlife),..
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Govt to ask China
to pay up over tainted milk
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The Philippines would ask the
Chinese government to help Filipino milk businessmen recover their
losses supposedly caused by contaminated milk products that they had
imported from China,...
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Lakas draws
aspirants for Malacañang
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House Speaker Prospero Nograles
disclosed on Monday that presidential aspirants, including those
with the opposition, are courting the ruling party—but he did not
reveal their names.
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Democrat bet
accuses rival of sordid attacks
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ASHEVILLE, North Carolina: Barack
Obama hammered Republican White House rival John McCain for wanting
to “turn the page” on the US economic crisis and engage in
low-blow personal attacks a month from election day.
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Fur flies heading
into second debate in US
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ASHEVILLE, North Carolina:
Republican John McCain is threatening to take off the gloves in his
second presidential debate with Democrat Barack Obama, hoping to
pummel his way back into electoral contention.
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