United Kingdom | Wednesday, 15 October 2008

Market Articles

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1. Mired mortgage market to pick up slowly
Gloom in the housing market, where data showed confidence at a record low on Tuesday, is not expected to lift in the short term, as it will take time for the government's plan to bail out banks to feed through.
15 Oct 2008
2. Marks & Spencer to expand into household power market
Retailer Marks & Spencer said on Wednesday it is preparing to expand into the household gas and electricity supply market following a partnership with utility Scottish & Southern Energy.
15 Oct 2008
3. Global crisis plans should thaw markets
Last-ditch efforts to unclog credit markets and halt a record slide in stock markets from Tokyo to Wall Street should ease serious strains in the global financial system, but the devil will be in the details.
14 Oct 2008
4. Markets nervous on return of short sellers
For nearly three weeks, investors who bet on falling stock prices have been prohibited from short selling more than 950 companies under an experiment by securities regulators to restore equilibrium to a fragile financial system.
10 Oct 2008
5. U.S. toxic-debt plan boosts markets
The U.S. government curbed short-selling and guaranteed money-market mutual funds on Friday as it worked on a sweeping bailout to mop up hundreds of billions of dollars in toxic mortgage debt, sending global stock markets soaring.
20 Sep 2008
6. Darling says central banks must help markets
Chancellor Alistair Darling said on Tuesday that the world's central banks must act together to give stability to the financial system while market turmoil persists.
16 Sep 2008
7. World equities at 2-yr low
Worries about the global financial sector drove world equities to their lowest in more than two years for a second day on Thursday, while the U.S. dollar struck a one-year high against the euro.
11 Sep 2008
8. Morrison sees more market share gains
Wm Morrison Supermarkets met forecasts with a 19 percent rise in first-half profit and said it was well placed to continue taking market share as cash-strapped Britons flock to its budget-focused stores.
11 Sep 2008
9. Dollar recovery spurs emerging markets rethink
A resurgent U.S. dollar has thrust emerging assets into the forefront of a global markets selldown, just months after they were being touted as the least exposed of investments in the credit crunch.
10 Sep 2008
10. Housing slide hits Barratt profit
A slide in the housing market led builder Barratt Developments to cancel its final dividend on Wednesday after underlying annual profit fell 13 percent and it warned that the market remained difficult.
10 Sep 2008
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