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December 31, 2008

Asia’s bull run ends in 2008 with record falls

From Tokyo to Mumbai, Asian stocks plunged by record amounts this year as the region’s powerhouse economies lost steam and foreign investors pulled billions of dollars from its once-booming markets.

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Lithia Motors Inc. moves to protect executives

With its stock trading near all-time lows, Lithia Motors Inc. on Tuesday filed its first change-of-control plan, which maps out the salary its top executives would receive in the event of a takeover. Chief Executive and Chairman Sid DeBoer, whose

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Tet bonus: banks, securities companies gloomy and sad

VietNamNet Bridge – Banks’ and securities companies’ staffs now understand that they should not expect Tet bonuses as large as the ones they got last year, as the banking system and the stock market have experienced a hard year full of ups and downs.

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Footsie suffers worst year

London’s leading stocks are on course for their worst annual falls in at least 23 years on Wednesday, while in Asia some markets ended the year on Tuesday by notching up their worst performance since records began.

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Asia stock markets hit by 40% losses

Stocks in Japan and South Korea ended the last trading day of the year on Tuesday by notching up annual falls of more than 40 per cent, their worst yearly result since records began.

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