| Volvo to recall 1,502 S40 sedans Swedish automaker Volvo will recall1,502 S40 sedans imported into China because of an electronic component rust problem, according to China's top quality watchdog. The General Administration of Quality Supervision, Inspection and Qu ... english.people.com.cn |
Bernanke Signals Another Rate Cut WASHINGTON (AP) -- Federal Reserve Chairman Ben Bernanke warned Congress that the nation is in for a period of sluggish business growth and sent a fresh signal Wednesday that interest rates will again be lowered to steady the teetering economy.... hosted.ap.org |
Tokyo stocks slump Tokyo stocks plunged to a fresh two year and seven months low Friday. The 225-issue Nikkei Stock Average lost 191.84 points, or 1.54 percent, to close at 12,241.40, the lowest level since Aug. 10, 2005. The broader Topix ind ... english.people.com.cn |
HBOS sees 2008 margin pressure, could improve after LONDON (Reuters) - Britain's biggest mortgage lender HBOSPlc said its retail margins are likely to remain undermodest pressure this year but could improve after that ashigher funding costs are passed on to customers. feeds.reuters.com |
A Way Charges Stay Off Bottom Line Outsize losses reported by Citigroup and Merrill Lynch could have been a lot worse except for a quirk in the way companies account for different types of securities. online.wsj.com |