Gap Articles
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1. Singapore investors decry losses from Lehman bonds
Hundreds of distraught Singaporean investors flooded a park to express their anguish at losses from structured notes issued by Lehman Brothers Holdings Inc. that they say were sold to them by banks as safe investments.
12 Oct 2008
2. Singapore Q3 GDP shrinks 0.5 percent on exports
Singapore's economy contracted in the third quarter as falling consumer demand from the U.S. and Europe hurt manufacturing exports and pushed the city-state to the brink of recession, the Trade and Industry Ministry said Friday.
10 Oct 2008
3. Asia faces 'rough ride,' Singapore's leader says
Asian economies face a "rough ride" for at least the next year as weakening consumer demand from developed countries hurt the region's exports, Singapore Prime Minister Lee Hsien Loong said Friday.
10 Oct 2008
4. GM, IBM, Gap, Morgan Stanley among big movers
Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market: NYSE
09 Oct 2008
5. Tax experts suggest ways to close $300 billion gap
Getting people to pay the taxes they owe could be one significant way of coping with dizzying increases in the federal deficit and the potential $700 billion pricetag for the just-enacted financial rescue plan, tax experts said Thursday.
09 Oct 2008
6. Gap September same-store sales fall 11 percent
Apparel retailer Gap Inc. said Thursday that same-stores sales fell 11 percent in September, a wider gap than analysts expected, hurt by a 24 percent drop at the company's Old Navy chain.
09 Oct 2008
7. WHO warns of mental health gap in poor countries
The U.N. health agency says at least three in four mental health patients in developing countries receive no treatment. The World Health Organization wants governments to spend more money on mental health care. It says most countries allocate less than 2 percent of their health budget to mental disorders.
09 Oct 2008
8. Singapore's Temasek to sell electricity generator
Singapore's state-owned investment company Temasek Holdings Pte. Ltd. said Tuesday it plans to sell electricity generator PowerSeraya Ltd, the third power plant the sovereign wealth fund will spin off this year.
07 Oct 2008
9. Satisfaction gap with home, car insurance widens
Consumers are growing more satisfied with their auto insurance, but not so with their homeowners insurance, a survey by J.D. Powers and Associates shows.
06 Oct 2008
10. Grocers fall amid Wall Street sell-off
Shares of the nation's largest grocery chains tumbled Friday amid a global markets sell-off and on worries that food spending might fall. Despite bailout efforts by the U.S. and other governments, investors fled the market on fears that economic instability will persist. And grocers face the added challenge of consumers cutting back not just on big purchases but on day-to-day necessities such as food.
06 Oct 2008
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