http://www.topix.nethttp://www.sanmateodailynews.com en-us Copyright 2008, Topix http://www.topix.net/ http://www.topix.net/pics/topix_homepage_logo2.png http://www.sanmateodailynews.com/article/hosted/2008/10/asian-markets-mixed-after-australias-big-rate-cut-2 Asian stocks were mixed Tuesday as a big interest rate cut in Australia helped spur recoveries in several regional markets, sparking hopes that other central banks will lower rates to help loosen the global ... San Mateo Daily News Tue, 07 Oct 2008 07:55:31 GMT http://www.sanmateodailynews.com/article/hosted/2008/10/eu-eyes-raising-guarantee-on-private-savings Ireland's finance minister says the European Union is mulling increasing government guarantees for private savings in banks across the 27-nation bloc. San Mateo Daily News Tue, 07 Oct 2008 07:54:26 GMT http://www.sanmateodailynews.com/article/hosted/2008/10/oil-rebounds-to-90-after-falling-to-8-month-low Oil prices rebounded to above $90 Tuesday in Asia after plunging to an 8-month low the previous day on concerns a significant slowdown in global economic growth will undermine demand for crude. San Mateo Daily News Tue, 07 Oct 2008 04:53:16 GMT http://www.sanmateodailynews.com/article/hosted/2008/10/japan-central-bank-maintains-key-interest-rate Japan's central bank left its key interest rate unchanged Tuesday amid heightened anxiety that the U.S. credit crisis was quickly spreading from Wall Street to Europe and beyond. San Mateo Daily News Tue, 07 Oct 2008 04:16:07 GMT http://www.sanmateodailynews.com/article/hosted/2008/10/australia-slashes-interest-rate-1-percentage-point Australia's central bank cut its official interest rate by a bigger-than-expected 1 percentage point Tuesday to ease credit concerns amid a global financial turmoil, cheering investors around the region and ... San Mateo Daily News Tue, 07 Oct 2008 04:12:40 GMT http://www.sanmateodailynews.com/article/hosted/2008/10/report-amd-to-spin-off-its-manufacturing-units Advanced Micro Devices Inc. will announce Tuesday it is spinning off its manufacturing operations as part of a sweeping plan to cut cuts, The Wall Street Journal reported. San Mateo Daily News Tue, 07 Oct 2008 04:00:02 GMT http://www.sanmateodailynews.com/article/hosted/2008/10/icelands-banks-falter Iceland's banks face a battle for survival Tuesday after government introduced emergency legislation to give itself sweeping new powers over its collapsing financial sector. San Mateo Daily News Tue, 07 Oct 2008 03:53:55 GMT http://www.sanmateodailynews.com/article/hosted/2008/10/fed-eyes-plan-to-fund-short-term-business-loans-2 The government is weighing a bold plan to buy massive amounts of unsecured short-term debts in a dramatic effort to break through a credit clog that is imperiling the economy. San Mateo Daily News Tue, 07 Oct 2008 03:36:35 GMT http://www.sanmateodailynews.com/article/hosted/2008/10/with-bailout-head-paulson-turns-to-goldman-again Treasury Secretary Henry Paulson turned to a familiar source when he picked a director for the government's $700 billion bailout program: his former Wall Street firm, Goldman Sachs. San Mateo Daily News Tue, 07 Oct 2008 03:15:13 GMT http://www.sanmateodailynews.com/article/hosted/2008/10/slow-economy-hits-state-sales-tax-revenue State tax revenue rose slightly in the second quarter, but revenue from sales tax, fuel tax and property tax all dropped compared to a year ago, according to a report released Tuesday. San Mateo Daily News Tue, 07 Oct 2008 03:02:14 GMT http://www.sanmateodailynews.com/article/hosted/2008/10/wall-street-set-to-follow-global-sell-off-4 Financial markets around the world had a rocky start Monday after European governments took steps to limit the damage from the growing global financial crisis. San Mateo Daily News Mon, 06 Oct 2008 10:47:25 GMT http://www.sanmateodailynews.com/article/hosted/2008/10/oil-falls-below-90-as-financial-turmoil-spreads-4 Oil prices fell to an eight-month low below $90 a barrel Monday on speculation that the spreading financial crisis will exacerbate a global economic slowdown and cut demand for crude oil. San Mateo Daily News Mon, 06 Oct 2008 10:13:03 GMT http://www.sanmateodailynews.com/article/hosted/2008/10/european-countries-ramp-up-deposit-protection Nordic countries Denmark and Sweden moved Monday to bolster protection of bank accounts as stock exchanges across Europe opened lower and central banks pumped more money to cash-starved banks. San Mateo Daily News Mon, 06 Oct 2008 10:08:58 GMT