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The actions were taken in concert with a decision to approve special financing to facilitate the purchase of ailing investment bank Bear Stearns by JPMorgan Chase & Co. Under the deal, the Fed agr... |
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The Queensland Nationals say discussions with the Liberals about their future together will start this week. The Liberals postponed consideration on the proposal to form a new conservative party in Q... |
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TOKYO, March 17 (Reuters) - Gold prices jumped more than 2 percent on Monday to hit new all-time highs as the dollar tumbled and news of the acquisition of Bear Stearns (BSC.N: |
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A JPMorgan executive said on a conference call that 200 employees scrutinized Bear Stearn's books over three days. JPMorgan announced earlier it would buy Bear Stearns for about $2 a share. (Repo... |
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BANGKOK, March 17 (Reuters) - These are some of the leading stories in Thai newspapers on Monday. Reuters has not verified these stories and does not vouch for their accuracy. |
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WASHINGTON (Reuters) - U.S. Treasury Secretary Henry Paulson said on Sunday he was pleased with the deal for J.P. Morgan Chase & Co. to buy Bear Stearns and with the Federal Reserve's latest actio... |
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Research ) said on Monday it will buy a 30 percent stake in Kazakhstan's No. 6 bank, CenterCredit CCBN.KZ for 621.3 billion won ($623.1 million). |
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WELLINGTON, March 17 (Reuters) - The euro jumped above $1.57 <EUR=> to record highs on Monday as the U.S. dollar came under pressure after Bear Stearns was forced to secure emergency financin... |
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WELLINGTON, March 17 - Air New Zealand's domestic, Tasman and Pacific Island fares are about to cost more as a result of high fuel prices. Group General Manager Short Haul Airlines Bruce Parton sa... |
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The low sale price, equal to about two-thirds the company's $30.85 closing share price on Friday, signals just how dire the situation is for the 85-year-old investment bank. |
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SOFIA, March 16 (Reuters) - Steel magnate Lakshmi Mittal, has expressed interest into buying Bulgaria's ailing steelmaker Kremikovtzi KMKV.BB, Bulgaria's economy and energy minister said on Sunday. |
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