PARIS (Reuters) - The equity sell-off of recent days is not comparable to the market collapses of 2001 and 1987, a top official at the NYSE-Euronext exchange operator said on Tuesday.
"It is fundamentally a credit crisis and the share markets are reacting to its consequences. It is not a stock market crisis such as we saw in 2001 and 1987," deputy CEO Jean-Francois Theodore said at the launch of a new product.
(Reporting by Wiliam Emmanuel)
KABUL (Reuters) - Insurgents intensified their campaign against military targets and U.S.-led forces in Afghanistan, killing eight U.S. CIA agents at a base and four Canadian servicemen on patrol and a journalist accompanying them.
Hong Kong is poised to accept Beijing's accounting standards. That's good. The system, though, is prone to scandal. That's bad. Full Article
Boycotting "too big to fail" banks is a great idea -- so long as investors remember that banks aren't the only ones responsible for the crisis. Full Article
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.
