20 - Feb -2008 : Another bad day in offing

US markets closed in negative and Asian markets following the trend today morning

EconomicTimes

Budget-bound market stays afloat
Online volumes plunge as net traders log off
Realty sector to see a jump of 25% in 2008 salary
Populist budget amid inflation: Religare
IT revival seen in 6 months: Everest Group

Sify

Airlines see dip in growth in January
Crude oil import bill jumps over 29%
Rupee drops to 5-month low on dollar shortage
India manufacturing capacity down in some sectors: FICCI
Gold rises further on strong global cues

The Financial Express

REC IPO: gone in no time
Citigroup sells Japan HQ to Morgan Stanley
Credit Suisse reveals $2.85 bn writedown
Barclays raises its writedown to $3.1 bn
Re declines on speculation, bonds fall for third day

New York Times

Toshiba Quits HD DVD Business

CNN Money

Wall Street at risk for $30B in bond insurer crisis

Reuters

Oil hits record over $100 on OPEC supply concerns
Tax rebates to boost U.S. growth: Gutierrez
Fed's Stern says rate cuts should protect economy

ChannelNewsAsia

Survey predicts Australian growth to slow in late 2008
Wall Street rally slips on oil record

RK
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