Overnight Market News – May 8, 2009
- US “Stress Tests” Show 10 of 19 Largest Banks to Need USD 74.6B Cushion to Withstand a Deeper Recession
- Toyota Motor Corp Posts Net Loss of USD 6.9B for Q04 2008/2009 through March, Cuts Dividend
- American Express Co Requests Permission to Repay USD 3.4B in Troubled Asset Relief Programme (TARP) Funds After Stress Tests
- Royal Bank of Scotland (RBS) Posts First Quarter Loss of GBP 44mm, Compared with GBP 479mm Profit Yoy
- Chairman of the Federal Reserve Bank of New York Resigns After Controversy Arises About Involvement with His Former Firm, Goldman Sachs Group Inc
- Australia’s Central Bank Says Economy to Contract 1.25% in Year Through June before Recovering Gradually
- Crude Oil Stands at USD 57.99 per Barrel
- Ethanol Stands at USD 1.75 per Gallon
- Natural Gas Stands at USD 4.18 per British Thermal Unit (Btu)
- Dow Jones Industrial Average Falls 102.43 Points (-1.20%)
- London FTSE Index Rises 2.19 Points (0.05%)
- Japan Nikkei Index Rises 47.13 Points (0.50%)
- Hong Kong Hang Seng Index Falls 110.15 Points (-0.64%)
- Brazil Bovespa Index Falls 1,441.42 Points (-2.80%)
Post a Comment