International Business News - Market http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif John C. "Jack" Bogle, founder of The Vanguard Group Inc., is 79, and has seen 10 bear markets in more than five decades in the investment business. So is he questioning his fundamental beliefs amid a U.S. recession that was officially declared Monday, and has erased trillions of dollars in stock market value? Hardly. http://www.ibtimes.com/articles/20081201/2009-outlook-vanguards-bogle-sees-long-recession.htm Mon, 01 Dec 2008 16:29:26 EST The Saudi stock market has soared 9.51 percent after the king described the economy as stable in the face of the global market meltdown. The Tadawul All-Share Index (TASI) closed Saturday at 4,845.1 points. The rise was led by the banking and petrochemical sectors. http://www.ibtimes.com/articles/20081129/saudi-index-soars-after-kings-comments-on-economy.htm Sat, 29 Nov 2008 08:29:57 EST Although Wall Street rallied smartly after the federal bailout of Citigroup Inc., investors burned during a 15-month market plunge probably don't expect this advance to be sustained any more than the upward blips that followed other government rescues of financial companies. http://www.ibtimes.com/articles/20081124/big-rally-doesnt-signal-end-to-market-turbulence.htm Mon, 24 Nov 2008 17:51:25 EST In all the finger-pointing about the credit crisis, there's one unusual suspect: an accounting standard. Critics say the standard called "mark to market," or "fair value," is one cause of the nation's financial woes. Others contend that has nothing to do with banks' troubles. http://www.ibtimes.com/articles/20081121/meltdown-101-what-is-mark-to-market-accounting.htm Fri, 21 Nov 2008 18:56:50 EST Stock exchange officials called off trading briefly at the Tel Aviv market after stock prices plunged 11 percent. The huge drop triggered an automatic suspension. When trading resumed after 45 minutes, an extra hour was added to make up for the suspension. http://www.ibtimes.com/articles/20081120/israeli-stock-market-stopped-after-11-percent-drop.htm Thu, 20 Nov 2008 12:35:09 EST The EU's top labor affairs official said Tuesday there is no further need for Germany, Austria, Belgium and Denmark to keep in place job restrictions on citizens of new member states. http://www.ibtimes.com/articles/20081118/eu-says-limits-on-labor-from-new-states-should-go.htm Tue, 18 Nov 2008 10:55:34 EST Whole Foods Market Inc. said Wednesday that its profit plunged in the fourth quarter largely on costs related to its acquisition of Wild Oats Markets Inc. The Austin, Texas-based grocer also cut its earning forecast for the year as sales continued to slow. http://www.ibtimes.com/articles/20081105/whole-foods-4q-profit-plunges-on-wild-oats-costs.htm Wed, 05 Nov 2008 20:09:26 EST Historically, in the ten days following presidential elections, the market has gained an average of 1.1 percent, according to figures dating back to 1896. http://www.ibtimes.com/articles/20081105/ahead-of-the-bell-stocks-after-elections.htm Wed, 05 Nov 2008 06:25:21 EST India's benchmark Sensex index plunged 4.8 percent as investors took profits after five days of gains. The Sensex fell 511.11 points to close at 10,120.01. http://www.ibtimes.com/articles/20081105/indian-stock-index-plunges-4-8-percent.htm Wed, 05 Nov 2008 09:15:54 EST The number of newly registered cars hitting German roads sank 8 percent in October as the financial crisis prompted customers to hold off major purchases, the country's main auto industry group said Tuesday. http://www.ibtimes.com/articles/20081104/german-car-sales-sink-in-october.htm Tue, 04 Nov 2008 09:17:10 EST Whole Foods Market Inc. reports earnings for the fourth fiscal quarter and full year on Wednesday. The following is a summary of key developments and analyst opinion related to the period. http://www.ibtimes.com/articles/20081103/earnings-preview-whole-foods-market-inc.htm Mon, 03 Nov 2008 17:07:19 EST Here is a look at factors that may propel the market higher, as well as some that argue for another dive lower: BULLISH FACTORS: http://www.ibtimes.com/articles/20081103/factors-that-may-send-market-either-up-or-down.htm Mon, 03 Nov 2008 15:10:29 EST India's benchmark stock index rose 5.6 percent Monday, as investors digested the central bank's weekend decision to cut the nation's key interest rate by half a point. http://www.ibtimes.com/articles/20081103/indian-stock-index-up-4-6-pct-in-early-trade.htm Mon, 03 Nov 2008 08:52:12 EST Wall Street prefers Republicans, McCain supporters argue. But stocks have done better under Democratic presidents, Obama supporters fire back. When it comes to the stock market--especially this turbulent market--does it really matter who is elected president? http://www.ibtimes.com/data/articleimgs/165733-october-markets.jpg http://www.ibtimes.com/articles/20081102/stocks-likely-to-recover-no-matter-whos-president.htm http://www.ibtimes.com/articles/20081102/stocks-likely-to-recover-no-matter-whos-president.htm Sun, 02 Nov 2008 16:56:36 EST India's benchmark Sensex index fell to its lowest in nearly three years on Monday amid fears that the worst of the financial crisis is not yet over. The Sensex was down more than 6 percent in midday trading before closing down 191.51 points, or 2.20 percent, at 8509.56, its lowest since Nov. 2005. http://www.ibtimes.com/articles/20081027/indian-stock-index-falls-2-2-percent.htm Mon, 27 Oct 2008 07:15:29 EDT Shares on the Athens Stock Exchange were close to 12 percent down in midday trading Friday, one day after hitting a five-year low. The Athens Composite Index, Greece's main stock market benchmark, was 11.88 percent down at 3:16 p.m (1216 GMT), reaching 1,686.93 points as foreign institutional investors liquidated their positions. http://www.ibtimes.com/articles/20081024/athens-shares-down-nearly-12-percent.htm Fri, 24 Oct 2008 10:40:26 EDT Stocks on India's benchmark Sensex dove Friday in their second-largest fall ever, after the nation's central bank said economic growth could slow to 7.5 percent this year. Investors hoping for a further interest rate cut at the bank's quarterly policy review meeting were disappointed. http://www.ibtimes.com/articles/20081024/indian-stock-index-falls-to-lowest-since-late-2005.htm Fri, 24 Oct 2008 08:31:56 EDT A Kuwaiti stock broker on Thursday lost a court bid to force the temporary closure of the country's stock exchange, while scores of traders stormed out of the bourse demanding the government act to halt the near-daily losses that have accrued amid fallout from the global financial crisis. http://www.ibtimes.com/data/articleimgs/158231-kuwait-stock-market.jpg http://www.ibtimes.com/articles/20081023/kuwaiti-traders-protest-bourses-losses.htm http://www.ibtimes.com/articles/20081023/kuwaiti-traders-protest-bourses-losses.htm Thu, 23 Oct 2008 16:40:05 EDT The younger of Dubai's two stock markets says it will begin offering futures and let companies list their shares in local dirhams instead of U.S. dollars. http://www.ibtimes.com/articles/20081022/dubai-stock-market-looks-to-expand-offerings.htm Wed, 22 Oct 2008 19:47:08 EDT The arid landscape of a furniture industry in a slump has found one of its few oases by targeting customers too young to buy. One of the industry's most promising niches are children under 18, said insiders gathering this week at the twice-yearly furniture trade show in High Point, N.C. The younger generation is seen as an underdeveloped market for bedroom furniture, even though consumers are worried about their jobs, loans are hard to get and falling home sales mean fewer families are buying furnishings. http://www.ibtimes.com/data/articleimgs/157419-furniture-market-generations.jpg http://www.ibtimes.com/articles/20081022/childrens-furniture-sales-a-bright-spot.htm http://www.ibtimes.com/articles/20081022/childrens-furniture-sales-a-bright-spot.htm Wed, 22 Oct 2008 15:25:47 EDT