Author

 
Mike Peacock

Mike Peacock

    Job losses prompt action
    Job losses prompt action
    Policymakers facing mounting job losses prepared new measures to ease the pain on Monday and a gathering of top central bankers said the world's...
    Japanese banks, US carmakers seek funds
    Japanese banks, US carmakers seek funds
    Japan's number three bank sought to beef up its capital on Wednesday, markets fretted over the stricken United States car industry and Britain's...
    Companies suffer, China says outlook 'grim'
    Companies suffer, China says outlook 'grim'
    China's president said on Friday the economic outlook was grim and companies from Japan to France were punished as a downturn born of the worst...
    Crisis inflicts fresh wounds, UBS cut deepest
    Crisis inflicts fresh wounds, UBS cut deepest
    Fresh write-offs at big European and Japanese banks on Wednesday drove investors' attention firmly back onto the credit crunch after days gazing at...
    Bush, Bernanke to launch twin subprime assault
    Bush, Bernanke to launch twin subprime assault
    United States President George Bush will outline reforms on Friday to help struggling subprime mortgage borrowers and his central bank chief will...