US President George Bush will host world leaders on November 15
to discuss the financial crisis and brainstorm on how to reform the
system to prevent another meltdown
Nick Tuffley, ASB Bank chief economist, discusses the view
that the Reserve Bank will probably make one of the biggest single
cuts in the Official Cash Rate (OCR) today
AP - Shares of SanDisk Corp. sank to their lowest level in five years Wednesday, after Samsung Electronics Co. dropped a buyout bid for the maker of flash memory components.
CNET - Investors pushed shares of Yahoo up in morning trading Wednesday as analysts point to stronger profit margins due to cost cutting and a healthy increase in its search advertising revenues.