Daily Archives: October 15, 2008

Media Digest 10/15/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

NewspaperAccording to Reuters, economic attention has now turned to the recession.

Reuters reports that a new survey shows that half of all workers are worried about their jobs

Reuters reports that unions are worried about a possible GM (GM) merger with Chrysler.

Reuters reports that many Asia nations are also considering bailing out their banks.

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Asia Markets And Europe Open 10/15/2008

ChinaMany markets in Asia were lower.

But, the Nikkei rose 1.1% to 9,547.

The Hang Seng fell 2.4% to 16,438. ICBC fell 2.7%. CNOOC waa off 3.8%. PetroChina (PTR) moved down almost 4%.

The Shanghai Composite fell 1.1% to 1,995.

The FTSE upened down .7% at 4,362. The DAX fell .3% to 5,183. The CAC 40 was off .3% to 3,608.

Data from Reuters

Douglas A. McIntyre