Asian shares edge up (Reuters) Reuters - Asian shares edged higher on Friday following record rate cuts by central banks in Europe, though plenty of caution remained, lifting the dollar ahead of what is expected to be dismal U.S. employment data. Publ.Date : Fri, 05 Dec 2008 07:34:35 GMT
Big U.S. job losses likely to spur more rate cuts (Reuters) Reuters - A report on Friday expected to show the biggest monthly U.S. jobs loss in 26 years is set to pile more pressure on the Federal Reserve to slash rates again and add urgency to an automaker bailout as the global economic crisis deepens. Publ.Date : Fri, 05 Dec 2008 05:23:35 GMT
Senators grill auto CEOs, GM-Chrysler deal eyed (Reuters) Reuters - The chief executives of General Motors Corp and Chrysler LLC said they would consider restarting merger talks if needed to win their slice of up to $34 billion in emergency U.S. government aid. Publ.Date : Fri, 05 Dec 2008 04:07:54 GMT