Bank of Canada acts to boost market liquidity; U.S. government to buy banking shares
More policy actions are likely to combat credit crunch
Purchasing mortgage pools "a safe, efficient and economic way of facilitating credit markets"
Banks lower prime lending rate
The International Organization of Securities Commissions Emerging Markets Committee announced that it will study the implications of the financial crisis for emerging market countries in an effort to uncover the best ways for these jurisdictions to deal with such events.The group met in Marrakech this week and decided to launch an EMC chairman’s Task Force […]
IIFA conference wraps in Montreal
Economic downturn isn’t deep enough to warrant the massive erosion in energy and resource stock valuations
Central banks show leadership through co-ordinated action, economists say
Since the onset of the credit crisis market cap has plunged almost US$3 trillion
And there are some doubts about the U.S.’s rescue plan, partly because the conditions that caused the crisis remain
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