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Credit Crunch

No image available
Article
/ 25 November 2011

Coming to a bank near you: Credit Crunch II

The rand is being sucked into the eurozone maelstrom as investors exit emerging markets.

By Sharda Naidoo
Credit crunch bites in Britain
Article
/ 13 August 2010

Credit crunch bites in Britain

House buyers, savers and pensioners are feeling the pinch of fiscal measures.

By Patrick Collinson
No image available
Article
/ 2 December 2008

November new vehicle sales down 28,3%

SA new vehicle sales declined by 28,3% in November compared to the same month last year, in another sign that interest rates are taking their toll.

By Staff Reporter
No image available
Article
/ 25 October 2008

Alarms ring as panicked markets dive

Leaders closed ranks on Saturday to try to bolster the confidence of investors fearful that the credit crunch is mutating into a worldwide recession.

By Alan Wheatley
No image available
Article
/ 20 September 2008

US judge approves Lehman’s asset sale to Barclays

A US bankruptcy judge has approved a revised version of British bank Barclays’s deal to purchase the core US business of Lehman Brothers.

By Emily Chasan
US credit crunch widens to 117 banks
Article
/ 30 August 2008

US credit crunch widens to 117 banks

An official "watch list" of potentially troubled US banks has lengthened from 90 to 117 as the credit crunch wreaks havoc.

By Andrew Clark
No image available
Article
/ 25 August 2008

Global financial downturn ‘to drag on’

The Bank of England’s new deputy governor warned on Monday that the global financial slowdown could "drag on for some considerable time".

By Staff Reporter
No image available
Article
/ 23 August 2008

Bernanke’s inflation optimism boosts shares

Ben Bernanke has boosted shares on both sides of the Atlantic when he said the fight against inflation was being aided by falling commodity prices.

By Staff Reporter
No image available
Article
/ 9 August 2008

Fannie sounds a warning after $2,3bn loss

Fannie Mae slumped to a quarterly loss of ,3-billion after the housing market came down ”fast and hard”, prompting huge liabilities.

By Staff Reporter
No image available
Article
/ 14 July 2008

UK on brink of recession as firms cut back

A survey of 5 000 businesses reveals less investment and more job cuts, write Kathryn Hopkins and David Gow in London.

By Kathryn Hopkins and David Gow
No image available
Article
/ 20 June 2008

Dotcom crash, credit crunch … oil bubble?

The dotcom bust shook the world almost a decade ago, last year the credit crunch seized up markets, and now an oil price bubble may cause more havoc.

By Jane Merriman

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