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Forex Information and Trading News (GeoFeed.net)

Thu, 20 Nov 2008 03:17:31 +0100

Isuzu, Mazda to cut 2,700 seasonal workers in Japan

Isuzu Motors Ltd. and Mazda Motor Corp. announce layoffs Thursday, amounting to a combined 2,700 seasonal workers as the automakers curtails production amid weaker demand, according to a media report.

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Mobile banking?s prospects looking better in Asia

Polillo, a remote island in the northeastern Philippines with poor road infrastructure and no public transport, is set to get a taste of mobile banking long before the developed world does.

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Asia Markets: Nikkei sinks below 8,000; Kospi and Hang Seng dive

Markets across Asian posted sharp losses Thursday, as stocks were swept away after Wall Street's sell-off and amid concern about rising deflation risks.

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Europe Markets: Europe stocks face fresh round of selling

European stocks see a fresh round of selling on Thursday on concerns of a lingering global recession that few firms will be able to escape.

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Earnings Watch: Updates, advisories and surprises

A roundup of the latest corporate earnings reports and what companies are saying about future quarters.

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Peter Brimelow: Bears? glass half-empty or half-full?

The Dow is down below 8,000 again. Is the bear market half-empty or half-full?

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Therese Poletti?s Tech Tales: Battle lines forming in nascent robotics field

Microsoft Corp. has very clearly set its sights on what could be the next big field of technology ? robots. But the software titan will have to compete with open-source developers who are also making a big push in the field.

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Special Report: The future of financials: Lower profits, increased rules

When the incoming administration of President-elect Barack Obama looks at the financial services industry, there will be one thought above all others: to make sure the sector survives.

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Latin American Markets: Benchmarks fall 2% as resources, recession worries take hold

Major Latin American stock markets each dropped 2% Wednesday, strained by a slump in prices for natural resources and by gloomy expectations from U.S. central bankers that the world?s largest economy may languish in recession for at least a year.

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McCain declared winner in Missouri

Geographical References: Missouri

Fifteen days after the Nov. 4 presidential election, Republican John McCain has been declared the winner of Missouri?s popular vote and of its 11 electoral votes, according to media reports Wednesday.

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