Archive for December, 2008
Asian shares rally on hopes for government actions
Wednesday, December 10th, 2008
Asian stocks rallied 3 percent to a one-month high on Wednesday amid hopes governments worldwide will bail out ailing industries and increase spending as they fight back against a deepening economic crisis. The White House and U.S. Congressional Democrats reached a tentative agreement on a bailout for beleaguered U.S. auto makers, while in Asia, hopes [...]
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