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Asian shares follow overnight rout on Wall Street: related news

Asian shares follow overnight rout on Wall Street

Stock markets in Asia saw another grim day of falls on Friday, tracking the overnight rout on Wall Street, and getting little comfort from data showing Singapore's economy has slid into recession for the first time since 2002.

Capcom Announces "The Season of Street Fighter"

"Capcom kicked off the "Season of Street Fighter" with the release of the Super Street Fighter® Pinball FX downloadable pack, which added a new Street Fighter pinball table to one of the most popular downloadable games on Xbox LIVE Arcade. The Street Fighter UNO® DLC pack will feature new Street Fighter Command Cards with signature Street Fighter power moves, as well as backgrounds and music inspired by Street Fighter. Capcom will also have another "little" surprise coming to the PlayStation®Network later in the holiday season."

Open Range Energy Corp. Announces Normal Course Issuer Bid for Its Common Shares and Increase to Bank Lines

Open Range Energy Corp. ("Open Range" or the "Corporation") would like to announce that the Toronto Stock Exchange (TSX:ONR) has accepted its Notice of Intention to commence a Normal Course Issuer Bid (the "Bid") to purchase for cancellation, from time to time, as Open Range considers appropriate, up to a maximum of 1,366,662 Common Shares of the Corporation. The maximum number of Common shares to be purchased pursuant to the Bid represents 5% of the issued and outstanding Common Shares of the Corporation as of the date hereof, being 27,334,241 Common Shares. Purchases of Common Shares pursuant to the Bid will be made on the open market through the facilities of the TSX. The price which Open Range will pay for any Common Shares purchased will be the prevailing market price of the Common Shares on the TSX at the time of such purchase.

Wall Street Shake-up Connects to Washington Through Contributions, Personal Investments

Wall Street's grim news has plenty of people worried about their pocketbooks. Lawmakers are among them, not only concerned with how to boost the economy but with their own personal finances tied to companies that are struggling. The richest members of Congress seem to be the most invested in the companies at the center of the Wall Street shake-up.

Efinancialblog.com Lets Visitors Discuss America's Financial Security, Top Insurance Issues and Hot-Button Financial Topics From Wall Street to Main Street via Text and Video

Efinancialblog.com Lets Visitors Discuss America's Financial Security, Top Insurance Issues and Hot-Button Financial Topics From Wall Street to Main Street via Text and Video

Museum of American Finance to Open "Trading on the Street" Exhibit

On Thursday, November 20, the Museum of American Finance will open "Trading on the Street," an exhibit tracing the history of trading on Wall Street from the signing of the Buttonwood Agreement in 1792 to the increasing computerization of trading today. The exhibit emphasizes where traders gathered, how they traded, and how technology impacted the process over two centuries of trading on Wall Street. Exhibit highlights include a model of a 1930s trading post, engravings and images of trading during the 19th and 20th centuries, photographs documenting the impact of technology on trading over the last 150 years, and examples of the devices traders have used during different eras to conduct business. The Museum will host an opening reception for "Trading on the Street" from 5:30 -- 7:00 pm on Wednesday, November 19.

Wall Street and Washington conspired to defraud Japanese banks

Intelligence agencies in China and Japan are focusing on the role of a successor entity of Salomon Brothers as being behind a fraud against Japanese banks by the U.S. Treasury, the Federal Reserve, and Wall Street to bail out unscrupulous Wall Street bankers and mega-investors.

Amazon: Deserving Of Wall Street's Punishment?

With four tech titans -- Amazon, EMC, Microsoft, and Sun -- hitting their 52-week lows on Thursday, Oct. 23, and a bunch of others coming awfully close, I wondered in my last post if we should have called it Tech Black Thursday. In fairness, I didn't bother to do the same scan on some of Wall Street's other recent and horrific days. So, Thursday may not have been unique. But, at least in the case of Amazon, one has to wonder if Wall Street has it right.

Street Fighter 2 HD Remix Headed For November Release.

Mark of DigitalSomething writes: "All year I have only wanted 2 fighting games. Street Fighter 4 and Street Fighter 2 HD Remix. As time dragged by it seemed more likely that Street Fighter 4 would come out before Street Fighter 2 HD Remix. Well now the game is finally finished and awaiting approval from PSN and Xbox Live. November is the target month for Street Fighter 2 HD Remix but it could take longer for either PSN or XBLA to give it the go ahead. There maybe be a delay in release date like Mega Man 9 had. I have PlayStation Store money just waiting for the Thursday that this hits."

Red Hat tells Wall Street it wants Main Street

Commercial Linux distributor Red Hat hosted its annual analyst day in New York today, and as Wall Street continues to hemorrhage, the company couldn't have picked a gloomier time for the occasion.

Asian Shares Rise On Central Bank Moves; US Dlr Down

SINGAPORE (Dow Jones)--Asian share markets were rising Thursday despite a tepid close on Wall Street, with some cheer at moves by central banks around the globe to shore up markets and bolster the economy.

Main Street: Follow Wall Street to thrift

(Fortune Magazine) -- Sometimes it takes a near-death experience to change bad behavior. Think of your friend who quit Lucky Strikes after a coronary incident. Or look at how banks are reducing their dependency on debt after watching rivals go belly-up.

UPDATE 1-Amazon Q4 view below Street, shares fall 15 pct

SAN FRANCISCO, Oct 22 (Reuters) - Amazon.com Inc on Wednesday posted a 48 percent rise in quarterly net income, but gave a revenue forecast for the holiday quarter that fell short of Wall Street expectations, and its shares fell 16 percent.

Is Google (GOOG) in danger of losing its 'buy' status among Wall Street analysts?

Ahead of the open this morning, Internet-search guru Google (GOOG: View sentiment for GOOGsentiment, chart, options) was greeted with negative comments from Wall Street brokerage firm Soleil-Medi Metrics. The firm cut its rating on GOOG shares to "hold" from "buy," and slashed its price target from $580 per share to $350 per share. In a statement accompanying the moves, Soleil stated that GOOG's revenue may weaken during a general business slowdown and that the company may be hesitant to cut costs by trimming its work force or investment levels.

Asian stocks rally on hopes for central bank rate cuts

HONG KONG: Asian stock markets rose across the board on Wednesday despite widespread skepticism that a massive overnight rally on Wall Street signaled a sustained turnaround in investor sentiment.

Seoul shares down; banks tumble on liquidity fears

SEOUL, Nov 13 (Reuters) - Seoul shares traded sharply lower on Thursday after a slump overnight on Wall Street, with technology issues under pressure on deepening concerns about corporate profits and banks hit by liquidity worries.

Seoul shares seen lower; banks, techs may drop

SEOUL, Nov 13 (Reuters) - Seoul shares are set to fall on Thursday after a slump overnight on Wall Street where economic fears persist, with banks and builders likely to be under pressure on deepening concerns about their financial health.

Seoul shares edge down led by banks, steelmakers

SEOUL, Oct 22 (Reuters) - Seoul shares opened lower on Wednesday led by banks and steelmakers after Wall Street skidded overnight on a batch of disappointing earnings, heightening worries about a deteriorating profit picture.

Australian shares close off highs as banks drag

SYDNEY, Nov 14 (Reuters) - Australian shares rose 1.4 percent on Friday as miners BHP Billiton Ltd and Rio Tinto Ltd rallied on a rebound on Wall Street, but a drop in bank shares dragged the market down from its early highs.

Seoul shares down 6 pct as Hynix, banks tumble

SEOUL, Nov 20 (Reuters) - Seoul shares extended losses to fall more than 6 pct on Thursday as banks and Hynix Semiconductor tumbled on deepening sectoral worries, with big overnight drops in Wall Street battering market sentiment.

Nikkei jumps as Asian markets breathe sigh of relief

HONG KONG: Japanese and other Asian equity markets rocketed Tuesday in the wake of the massive rally on Wall Street overnight as the series of global financial bailouts helped dissipate fears of an imminent meltdown of the global financial system.

European Factors-Shares seen down; Sony warns,Microsoft cautious

FRANKFURT, Oct 24 (Reuters) - European equities were seen falling on Friday, heading for a third day of losses, after Asian markets fell led by a 7 percent drop in Japan's Nikkei, overshadowing a small rebound on Wall Street overnight.

Multiplayer video available today for... Urban Extreme: Street Rage....Nintendo Wii

Friday, 6 November, 2008 - Data Design Interactive - a successful video games publisher and games developer, today released new video showcasing the multiplayer experience for Urban Extreme: Street Rage for the Nintendo Wii label, Popcorn Arcade. Urban Extreme: Street Rage is a game for Boy Racers, Speed Maniacs, Street Racing and Joy Riders who are after the thrill of driving through city centres in illegal street races, where you need ram your foot on the accelerator and bugger the consequences?

Wall Street Journal Lays Off More Online Staffers; Gawker Media Slashes Staff Too

News Corp’s Wall Street Journal today let go of at least two online staffers, insiders report. They are Cybele Weisser, the personal finance editor, and Laura Lorber, its small business editor.

Wall Street's Collapse Is Computer Science's Gain

dcblogs writes "Thanks to Wall Street's implosion, the chairman of Stanford University's Computer Science Department says he is seeing more interest from students in computer science. Ditto at Boston College. Computer science enrollments crashed after the dot-com bust as students turned to hedge fund majors. And are computer science grads getting jobs? The professor at one university program that graduates about 45 students a year with CS degrees, wrote in a comment: 'Last year 87% of our seniors were employed before graduation. The median starting salary was $58,500. A majority of CIS students had multiple job offers. From where I sit, there is a huge demand for entry level IT professionals in IS and in CS.'"


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