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/ 22 September 2008
A world equities rally mostly stalled on Monday as investors questioned whether the much-vaunted US rescue plan would resolve a global crisis.
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/ 22 September 2008
US negotiators are making ”good headway” on legislation to provide an unprecedented -billion bailout of financial markets.
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/ 19 September 2008
A US government promise to rescue Wall Street from its debt crisis and global central bank intervention spurred a mass market rally on Friday.
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/ 19 September 2008
The US said on Thursday it was putting together a rescue plan to clear away the bad debt that has caused the worst financial crisis in decades.
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/ 18 September 2008
Global central banks clubbed together on Thursday to add extra dollar funds to global money markets in a bid to bring down high market interest rates.
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/ 18 September 2008
Morgan Stanley became the next great Wall Street name in peril on Thursday with reports it was in talks to be bought by Wachovia Corporation.
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/ 17 September 2008
The US government sought to raise -billion on Wednesday to help its central bank finance a rescue plan for insurance giant AIG.
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/ 17 September 2008
SA financial markets have not been shielded from a global market crisis, but will weather the storm, Treasury Director General Lesetja Kganyago says.
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/ 16 September 2008
Barclays said on Tuesday it was in discussions with Lehman Brothers about buying certain assets of the stricken United States investment bank.
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/ 15 September 2008
Fallout from the global financial crisis is not over and more consolidation could occur in the financial sector, the IMF said on Monday.
Restoring financial market stability is a top priority for the United States Federal Reserve, Fed chairperson Ben Bernanke said on Tuesday.
SA can weather the storm on global financial markets, although domestic growth is likely to be slower as a result, ANC president Jacob Zuma says.
Investors have concerns about South Africa, former Federal Reserve chairperson Alan Greenspan told a conference in Sandton on Tuesday.
Russia’s President Dmitry Medvedev said on Saturday the United States was not strong enough to solve the world financial crisis alone.