One year after the bankruptcy of Lehman Brothers, which sparked widespread financial crisis, U.S. President Barack Obama, Monday (14 / 8), will explain to the people on Wall Street about its policies to rescue the U.S. economy is now to be rebuilt. In a speech at the symbols of the Federal Hall, New York, Obama [...]
Stock prices in Japan opened weaker on Monday (14 / 9), with the Nikkei benchmark index, 225 fell 87.37 points, or 0.84 percent, to 10,356.96 in the first few minutes of trade, following a decline on Wall Street weekend. Wall Street falls on a weekend, as the market consolidated after the rally despite a five-day [...]
Rally or long rise on Wall Street got fresh momentum on Wednesday (16 / 9) local time, because of data showing strong growth in U.S. industrial production increase in sentiment and pushed the main index to a new high in 11-months. The Dow Jones Industrial Average jumped 107.54 points (1.11 percent) to 9790.95 at the [...]
More and more Indian businessmen doing business in Indonesia, one of Bhupendra Kumar Modi. Billionaires from India is planning to invest funds worth 100 million U.S. dollars to buy the resort in Batam and Bintan. Modi is the Chairman of Spice Global, a company engaged in various businesses, ranging from telecommunications to financial. Modi admitted [...]
President Barack Obama in a speech in New York, warned that the financial leaders on Wall Street did not use the U.S. economic recovery as an opportunity to do more carelessness resulting in a new crisis. Obama also stressed the need for financial regulation is more stringent. The speech coincided issued bankruptcy one year’s fourth-largest [...]