1. Accounting firm under fire in collapse of subprime lender data: 27.03.08
A sweeping investigation found that KPMG enabled New Century Financial's "improper and imprudent practices."
2. Major banks promise new guidelines to try to head off further regulation data: 10.04.08
The Institute for International Finance, a banking group, said new strictures are priorities for industry action, not government fiat.
3. U.S. equity loans are next round in credit crisis data: 27.03.08
Lulled by good times, millions of Americans borrowed â sometimes heavily â against the roofs over their heads. Now the bill is coming due.
4. Record oil price drags down U.S. stocks data: 10.04.08
Oil prices surged to a fresh record high, piercing $112 a barrel at one point, on Wednesday as a new spate of recession fears and a bleak corporate profit outlook pulled down U.S. stocks.
5. U.S. home prices continued to plunge in January data: 27.03.08
The fresh evidence of deterioration in the U.S. housing market came as a measure of consumer confidence reached a five-year low.
6. Asian stocks drop on fears about U.S. economy data: 10.04.08
Companies like United Parcel Service, considered a bellwether of U.S. economic activity, have cut their earnings forecasts this week, highlighting the threat from a slowing U.S. economy.
7. Ford closes sale of Jaguar and Land Rover to Tata of India data: 27.03.08
Tata Motors said Wednesday it would buy the luxury brands Jaguar and Land Rover from Ford Motor for about $2.3 billion in cash, less than half the price that Ford paid for the two companies.
8. Bank crisis puts New York office market on precipice data: 27.03.08
The New York office market can withstand the fire sale of Bear Stearns, but if other financial firms disintegrate, the market could face a sharp decline.
9. EADS insiders knew of threats to profits before selling stock, regulator says data: 10.04.08
A report from the French market regulator details meetings in which senior executives learned about threats to profits.
10. 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.
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