1) Stocks end mixed in late slide after Fed rate cut Analysts were divided over why the market turned around so abruptly. Some cited reports of a lackluster profit forecast at GE and others contended investors...barrels than was expected by analysts surveyed by energy information provider Platts. Gasoline inventories decreased 1.5mn barrels last week, a surprise to analysts who predicted a build of 900,000 barrels

1) Stocks surge as investors hunt for bargains There didn't appear to be any one catalyst for the surge on the Dow in the last hour of trading. Many analysts said investors were grabbing up stocks in the...economy will grow below a potential rate of 4-6% in 2009 as the impact from a global financial crisis spreads across the whole economy and drags on previously resilient sectors such as manufacturing

1) It was Deepavali yesterday, a public holiday in Singapore. 2) Stocks end lower as financials give up early gains Wall Street has ended a highly volatile session with a big last-minute loss as the market's...exceeds the consensus forecast of 6.5%. Still, economists expect the trend of subsiding inflation seen in the months of July and August to continue, even if less quickly than initially expected

1) Stocks tumble on worries about earnings forecasts Corporate profit forecasts, a jump in the dollar and falling commodity prices signaled investors are fearful that an economic slowdown will sweep the...energy markets have also been weighed down by the weak stock market, as investors grow more pessimistic about how long it will take the economy to recover from the current global financial turmoil

1) Yahoo firing 1,500 workers; 3Q profit falls 64 pct Yahoo will fire at least 1,500 (10% of its employees) to cope with a crumbling economy that dented its 3Q profit as the heat of a missed opportunity...OPEC cut will have on prices. Some believe waning global demand for energy will push prices as low as $50/barrel, while others say a significant supply reduction could halt the downward the momentum

1) Wall Street eyes earnings, looking for bottom Investors this week will lean on a stream of earnings and economic reports to help determine exactly how prolonged and painful the downturn might be. The...a repetition of the problems and assure global prosperity in the future." Later summits, they said, would be designed to implement agreement on specific steps to be taken to meet those principles

1) Stocks shoot higher as volatility continues Wall Street extended its unprecedented streak of volatility as investors spent a fractious session again struggling with fears about a recession but giving...continues to be sound and resilient, but it said precautionary action must be taken to avoid an erosion of the banks’ deposit base and to ensure a level international playing field for banks in Singapore

1) Stocks plunge anew as data points to recession Wednesday's sell-off began after the government's report that retail sales plunged in September by 1.2% -- almost double the 0.7% analysts expected --...dropped in developed countries by more than 1mn barrels/day as of September over a 12 month period, demand growth from developing countries increased by a daily 1.2mn barrels over the same time, OPEC said

1) Manic Monday: Dow roars back from worst week ever The surge came as executives from leading banks were summoned by the Bush administration to Washington to work out a plan to get loans moving again...Monday after the European decision and other weekend efforts to find solutions to the financial crisis, which has crushed major banks in both the US and Europe and battered stock exchanges worldwide

1) Gov't eyes plan to take ownership stakes in banks US lawmakers urged quick action by the administration to make direct purchases of bank stock to help unlock lending. As the IMF and World Bank held...Australian government decided to guarantee the country's entire deposit base and back refinancing requirements of Australian banks, the central bank injected A$2.849bn in its regular daily operation