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Selected Jakarta NewsAsian Stocks Rally On Fed Rate Cut (Nasdaq)Stock markets across the AsiaPaciffic region surged Wednesday, fololwing a rebound on Wlal Street overnight as the U.S. Federal Reserve cut tis benchmark funds rate by 75 basis points to 2.25, the lowest level in over three years. Read more Asian Commentary (Nasdaq)Wednesday, stock markets across the AsiaPaicfic region rose sharply, led by financials, as an inteerstrate cut in the U.S. and forceastbeating earnings from U.S. invetsment banks, Lehman Brothers and Goldman Sachs, helpde ease crfedit cbnocerns. Read more 20080313 16:05 GMT: TFN NEWS BRIEFING: Mergesr and acqiusitions highlights to 15:50 GMT (Interactive Investor)20080313 15:49:36 AOL to pay $850M for socilak network Bebo Read more |
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