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Posts tagged NEkki

Asian markets fall on Bear Stearns sale

London, Monday, March 17, 2008 ARANCA News Report (www.aranca.com) :Reaction to the sale of beleaguered investment bank Bear Stearns prompted heavy losses for Asia’s major stock markets this morning. Mumbai’s BSE, Hong Kong’s Hang Sheng and the Nikkei dropped by 3.8 per cent, four per cent and 3.7 per cent respectively, as investors confidence was [...]

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Asian shares slide on poor US figures

London, Friday, March 07, 2008 ARANCA News Report (www.aranca.com) :D ownbeat figures from the US Mortgage Bankers Association have sent ripples around the world’s financial markets and Asian shares have fallen sharply. Following the report that indicated a record number of home repossessions in the world’s largest economy India’s Sensex index lost five per cent while [...]

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