| Ping An Debilitated By Fortis Stake The Chinese insurer will write off $2.3 billion in the third quarter on its 5% holding in the failed Belgian-Dutch firm, revealing that the impairment would have material impact on earnings. Author : Vivan Wai-yin Kwok Publ.Date : Mon, 06 Oct 2008 11:57:00 GMT South Korea Is Looking Like East Asia's Weakest Link The country's financial system has functioned much more on credit than its neighbors, and now the global credit crisis has made borrowing from abroad far more expensive. Author : Tina Wang Publ.Date : Mon, 06 Oct 2008 10:22:00 GMT BNP Goes Belgian With Fortis Buy The French bank strengthens across the border with a major acquisition. Author : Lionel Laurent Publ.Date : Mon, 06 Oct 2008 10:45:00 GMT Wells Wins Rounds In Fight For Wachovia New York appeals court overturns order extending exclusive period for Citigroup to seal deal with ailing bank. Author : Liz Moyer Publ.Date : Mon, 06 Oct 2008 03:24:49 GMT Wall Street Prepares For Earnings Data Next week, investors will shift their focus from Capitol Hill to corporate profits. Author : Carl Gutierrez Publ.Date : Sun, 05 Oct 2008 16:00:00 GMT Europe Redoubles Efforts To Restore Confidence Germany arranges bailout of Hypo; Belgium, Luxembourg sell control of Fortis units to BNP Paribas. Author : Tina Wang Publ.Date : Mon, 06 Oct 2008 03:55:00 GMT Euro Banks Still Leery Money markets refuse to loosen up as European governments race to shore up faltering banks without concrete plans. Author : Parmy Olson Publ.Date : Mon, 06 Oct 2008 10:01:18 GMT Europe's Governments Do It Their Way As their banks teeter, Britain, Spain and Iceland look at individual solutions as Germany and Belgium go it alone. Author : Lionel Laurent and Tina Wang Publ.Date : Mon, 06 Oct 2008 12:15:00 GMT |