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07 Oct

Japanese shares plummet, extend losses

TOKYO (AFP) - Japanese stocks plunged more than five percent within the first 30 minutes of the Tuesday session amid the global financial crisis that has sent major markets plummeting. ...

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New genetic fetus test reduces miscarriage risk: study

WASHINGTON (AFP) - A new prenatal test to detect genetic disorders such as Down's Syndrome could render current riskier procedures "obsolete," according to new research published Monday. ...

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Oil stays below 90 dollars

SINGAPORE (AFP) - Crude oil prices remained below 90 dollars a barrel in Asia on Tuesday as deepening global financial turmoil and plunging stock markets raised fears about slowing demand for energy, dealers said. ...

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EU moves to restore confidence in banking system

LUXEMBOURG (AFP) - European finance ministers were set Tuesday to begin preparing their first joint measure to reassure savers unnerved by the financial crisis by ramping up minimum bank deposit guarantees. ...

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Panic grips world stock markets

LONDON (AFP) - World stock markets plummeted on Monday, striking four-year lows, as panic-stricken investors doubted whether a Wall Street bailout package would stem the global financial crisis. ...

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Nomura to buy Lehman's Indian IT operations

TOKYO (AFP) - Japan's top broker Nomura Holdings said Monday that it had agreed to acquire Lehman Brothers' IT support operations in India, giving jobs to 3,000 more workers from the bankrupt Wall Street giant. ...

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