NZ share market ends flat
New Zealand shares ignored a strong day across the Tasman Sea, closing nearly flat after a mixed session on Monday, with the NZSX-50 benchmark index closed up just 3.6 points, or 0.09 percent, to 3,711.73 on a robust turnover of 114 millio ... english.people.com.cn |
IBM Unveils Energy-Efficient Mainframe
IBM Corp. rolled out a new mainframe computer boasting a 50 percent performance boost and dramatically lower energy costs than its predecessor. IBM says mainframe revenue is growing, rising in 5 out of the last 7 quarters. feeds.cbsnews.com |
Nomura group to buy failed bank for $2.8 billion
TOKYO (Reuters) - A group of investors led by broker Nomura Holdings is buying a failed Japanese lender, Ashikaga Bank, for about 280 billion yen ($2.8 billion), a government agency said, after a near-two-year bidding war. feeds.reuters.com |
Bernanke: Fed had little choice but to rescue Bear
WASHINGTON (Reuters) - The U.S. Federal Reserve saw no choice but to orchestrate a dramatic rescue of Bear Stearns last month after the investment bank warned bankruptcy was imminent, Fed Chairman Ben Bernanke said on Wednesday. feeds.reuters.com |
Californians' confidence in U.S. economy drops to record low
Confidence among Californians in the American economy has dropped to a record-low level, according to a tracking survey released on Saturday. The poll, conducted by Harris Interactive, showed that only 45.4 percent of California wor ... english.people.com.cn |