30 2008

Legg Mason supports money market funds hit by credit crisis

Tag: Markets, General @ 7:28 pm

SAN FRANCISCO (MarketWatch) — Legg Mason said late Monday that it will provide up to $240 million to support money-market funds that have been hit by the credit crunch.


30 2008

Small Business Report: Despite challenges, most small-business owners say it’s worth it

Tag: Markets, General @ 7:27 pm

SAN FRANCISCO (MarketWatch) — Even as they eye the U.S. economy worriedly and face tough challenges themselves, a majority of small-business owners said they’re content to stick to what they’re doing — even if offered more money to work for someone else, according to the latest Discover Small Business Watch.


30 2008

Rio wins big Asian iron price rise

Tag: ASX @ 7:23 pm

RIO Tinto has secured big price rises for its Australian iron ore with all its Asian customers, matching the Chinese deal last week.


30 2008

AWB named in Iraq law suit in US

Tag: ASX @ 7:23 pm

IRAQ has sued two Texas oilmen and dozens of companies, including AWB, for alleged corruption under the UN’s oil-for-food program.


30 2008

New home sales fall sharply: survey

Tag: ASX @ 7:23 pm

AUSTRALIAN new home sales tumbled in May further confirming a rapid slowdown in the housing sector so far in 2008, a survey shows.


30 2008

Beware short-sellers, Westpac warned

Tag: ASX @ 7:22 pm

Investors are concerned the bank’s sinking shares might jeopardise the St George merger


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