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04 Dec

Standard Chartered to raise $2.66 billion in rights issue

SINGAPORE (AFP) - British-based Standard Chartered bank said Monday it plans to raise 1.78 billion pounds (2.66 billion US dollars) in a rights issue to better position itself during the global financial turmoil. ...

0 Comments Bury Afp November 24

US promises to protect Citigroup from 'large losses'

WASHINGTON (AFP) - The US government has vowed to protect struggling banking giant Citigroup against "unusually large losses" and give it 20 billion dollars from a massive financial rescue package approved by Congress. ...

0 Comments Bury Afp November 24

Thai anti-govt protesters paralyse parliament

BANGKOK (AFP) - Thousands of Thai protesters marched on parliament and other key buildings Monday in what they called a final battle against the government, forcing lawmakers to cancel an important sitting. ...

0 Comments Bury Afp November 24

US government promises to protect Citigroup from 'large losses'

WASHINGTON (AFP) - The US government is promising to protect struggling banking giant Citigroup against large losses by issuing a 306-billion-dollar guarantee for its capital and purchasing a 20-billion-dollar stake in the company using a financial rescue package approved by Congress. ...

Bury Afp November 24

Standard Chartered to raise $2.66 bln in rights issue

SINGAPORE (AFP) - British-based Standard Chartered bank said Monday it plans to raise 1.78 billion pounds (2.66 billion US dollars) in a rights issue to better position itself during the global financial turmoil. ...

Bury Afp November 24

Thai protesters descend on parliament for 'final battle'

BANGKOK (AFP) - Thousands of Thai protesters surrounded parliament on Monday, which they aim to seal off in a "final battle" to topple the government, protest leaders and witnesses said. ...

0 Comments Bury Afp November 24

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