U.S. Senate panels to investigate Bear Stearns deal

Treasury Secretary Henry Paulson Jr. defended the takeover even as he called for more transparency on the part of Wall Street.

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1. U.S. Senate panels to investigate Bear Stearns deal data: 27.03.08
Treasury Secretary Henry Paulson Jr. defended the takeover even as he called for more transparency on the part of Wall Street.

2. Dow falls after downbeat reports data: 27.03.08
A pair of pessimistic reports on home sales and business spending reminded investors about the precarious state of the economy.

3. G-7 finance chiefs will hold talks with private-sector bankers data: 10.04.08
They will meet in Washington on Friday to discuss a common response to the financial crisis.

4. Credit crisis forces a German lender to close data: 10.04.08
Weserbank's chief executive blamed market turmoil for the demise of the bank, the first European banking fatality of the global financial crunch.

5. Americans begin to face the pain of an overvalued house data: 27.03.08
Homeowners sometimes lose sight of the fact that their home is only a house to most buyers, especially when prices are falling.

6. Asian businesses and workers suffer from dollar's weakness data: 27.03.08
The sliding value of the U.S. dollar against most global currencies is putting many businesses and workers under increasing financial pressure.

7. Microsoft warns Yahoo board to act on merger offer data: 07.04.08
Microsoft has warned the board of Yahoo that if a merger agreement is not completed within three weeks, Microsoft would make its offer directly to Yahoo shareholders, probably at a lower price.

8. Oasis Hong Kong Airlines goes bankrupt data: 10.04.08
The long-haul budget carrier, which tried to offer premium service and spacious seats at low prices, suddenly went into liquidation Wednesday, canceling all flights.

9. World food prices soar as Asia consumes more data: 07.04.08
Price rises are leading to protests and some governments are responding with controls on prices and exports.

10. New U.S. flight delays loom as safety reviews expand data: 10.04.08
Chaos at airports in the United States could go on for weeks as the U.S. Federal Aviation Administration and the airlines expand their scrutiny of passenger planes.


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