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Friday
Jul 30th
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News & Insight
Bank of Canada injects funds into banking system PDF Print E-mail
Friday, 10 August 2007
OTTAWA (AFP) - The Bank of Canada pumped around 1.5 billion Canadian dollars (1.
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Fed pumps 38 bln dlrs into market in biggest move since 9/11 PDF Print E-mail
Friday, 10 August 2007
WASHINGTON (AFP) - The Federal Reserve pumped 38 billion dollars into the banking system Friday, marking its biggest operation since the week of the 9/11 terror attacks, as it vied to shore up the US financial system.
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Fed pumps 35 bln dlrs into US banking system, ready to do more PDF Print E-mail
Friday, 10 August 2007
WASHINGTON (AFP) - The Federal Reserve pumped a total 35 billion dollars into the US banking system Friday and said it was ready to inject more money if necessary amid sharp downtowns on US and global stock markets.
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Washington Mutual warns on subprime pressures PDF Print E-mail
Friday, 10 August 2007
WASHINGTON (AFP) - US bank Washington Mutual warned that the subprime mortgage sector crisis is threatening its operations, in a document filed late Thursday with the Securities and Exchange Commission.
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Global stock markets extend plunge PDF Print E-mail
Friday, 10 August 2007
LONDON (AFP) - World stock markets dived for a second day running on Friday with investors worldwide dumping shares on fears of a widening economic crisis caused by a global credit crunch.
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Dow drops 200 points amid credit crunch scare PDF Print E-mail
Friday, 10 August 2007
NEW YORK (AFP) - US shares extended heavy losses Friday amid fears of a credit crunch in the US subprime mortgage sector, with the Dow Jones Industrial Average plunging 210.62 points around 1445 GMT.
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