Wednesday October 8, 2008
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Latest Northern Europe Stock Markets News

  • Asian stocks dive after Dow hits 5-year low 8 Oct 2008 06:29 GMT
    ... British banks were battered Tuesday with the Royal ... the continent's financial industry in turmoil as Iceland seized control of its second largest bank Tuesday ... shares fell sharply, despite strong gains on stock markets in London, Paris and Frankfurt. Lagarde said ...

  • Boom goes bust as credit crunch spoils the party 8 Oct 2008 05:39 GMT
    ... Boom goes bust as credit crunch spoils the party ... 4:00AM Wednesday Oct 08, 2008 Tracey McVeigh Iceland's economy is in danger of going under ... and sweep up international credit. Britain and Denmark were favourite shopping haunts, and in 2004 ...

  • Britain to unveil major bank rescue 8 Oct 2008 05:34 GMT
    ... By Sumeet Desai and Frank Prenesti of Reuters LONDON ... lost nearly half their value on the stock market amid investor fears they could collapse if ... the plan. Governments around the globe, from Iceland to South Korea, are fighting to unfreeze lending ...

  • EU ministers agree to boost deposit insurance 8 Oct 2008 05:34 GMT
    ... European consensus on rescue plan is elusive EU finance ... follow suit by countries including Greece, Germany, Sweden and Denmark. In addition, Spanish leaders have complained of ...

  • Oil Rebounds to $89 8 Oct 2008 05:30 GMT
    ... Light, sweet crude for November delivery was up $2.05 ... the country's second-biggest commercial property lender. Ireland, Iceland, Denmark and Greece moved quickly to guarantee bank ...

  • Tokyo Exchange Eager to Trade CO2, Awaits Policy 8 Oct 2008 05:30 GMT
    ... TOKYO - The world's second-largest stock market is poised to invest hundreds of millions ... target. Negotiations reach a climax in Copenhagen, Denmark, at the end of next year aimed at ...

  • Editorial: Pandemonium in the markets 8 Oct 2008 04:57 GMT
    ... Those US Republicans who questioned the wisdom of the ... in Washington, on Wall Street and in stock exchanges around the world as the US House ... to keep businesses up and running. In Iceland such is the scale of the crisis that the ...

  • EU nations step up protection of private savings 8 Oct 2008 04:56 GMT
    ... LUXEMBOURG -- The European Union's 27 governments agreed ... a second day in a row. European stock markets rose after the U.S. Federal Reserve made ... billion pounds ($87 billion) into the institutions. Iceland nationalized its second-largest bank and the central bank ...

  • Fed invokes Depression-era emergency... 8 Oct 2008 04:56 GMT
    ... Tuesday, October 07, 2008 | 6:53 PM Specialist ... at a post on the New York Stock Exchange floor, Tuesday Oct. 7, 2008. (AP Photo/Richard ... higher, but Germany's DAX slipped 1.1 percent. Iceland is facing the prospect of bankruptcy, according to the ...

  • Credit crunch and bank bail out: What will happen to our cash now? 8 Oct 2008 04:56 GMT
    ... Credit crunch and bank bail out: What will happen ... different provider. Q I see that the Icelandic bank Icesave is in trouble. Is it ... before next year. Q How will the stock market slump affect investment plans? A The stock ...

  • VIDEO / Surprise rate cut lifts TASE; real estate stocks jump 20 percent 8 Oct 2008 04:54 GMT
    ... "It's a good thing that the governor lowered the ... tune at the Bank of Israel. As Iceland's leaders contemplate national bankruptcy and U.S. Federal Reserve ... of Israel's leading bankers. The Tel Aviv Stock Exchange will be closed until next Sunday, but ...

  • Fed Considers Buying Commercial Paper 8 Oct 2008 04:54 GMT
    ... A man looks at an electronic board displaying the sharp ... Fed chief was speaking Tuesday afternoon, the stock market took a more than 333-point drive to ... told NPR's Ari Shapiro Tuesday morning. "The Icelandic prime minister said overnight that it is ...

  • US to buy up corporate debt 8 Oct 2008 04:50 GMT
    ... THE US opened up a major new front today in ... a day after a meltdown in most stock markets. A rebound on Wall Street faded and ... a record 19 per cent slide yesterday. Iceland, where the economy is imperiled by debt and ...

  • HP and TANDBERG Unveil New Managed Service Offering and Expanded Reseller Agreement 8 Oct 2008 04:50 GMT
    ... with dual headquarters in New York and Norway. TANDBERG designs, develops and markets systems and software ... TANDBERG is publicly traded on the Oslo Stock Exchange under the ticker TAA.OL. More information about TANDBERG ...

  • With leaders divided, EU nations fend for themselves 8 Oct 2008 04:49 GMT
    ... — One day after being buffeted by record stock market losses, European leaders embraced an incremental approach ... an economist with France's Natixis Bank. As Iceland's leader warned that his nation was on ...


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"Politicians in Europe are going crazy. We didn't live through 40 years of real socialism only to return to it on the soil of the European Union."
— Czech Finance Minister Miroslav Kalousek

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