World Financial Crisis
Deepening US Financial Crisis> Photo
Bank Meltdown
Housing Woes
Economy in Trouble
Govt Reaction
Global Aftermath
Markets Responses
ASEM7 Beijing
Impact on China
Opinion
Backgrounder
News
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  • Doors close at about 200 Woolworths in Britain
  • World financial crisis
  • Wall Street sinks below 8,000
  • China announces new policies to expand consumption
  • World leaders attend financial markets, world economy summit
  • Lee departs for G20, APEC summits
  • US backing away from buying bad mortgage assets
  • Soros on the financial market turmoil
  • Wall Street witnesses 5-year lows
  • PBOC: China can weather crisis
  • ASEM7 urges efforts against financial turmoil
  • Dow finishes below 10,000 for first time since '04
  • US lawmakers pass historic bailout bill
  • Protesters rally in New York against bailout
  • FBI investigating companies at heart of meltdown
  • Morgan Stanley to sell 20% stake in itself
  • With Wall Street in turmoil, some turn to religion
  • Lehman Brothers files for Chapter 11 protection
  • Paulson says prepared to act to ensure stability
  • Bush: Takeover of housing giants 'critical'
  • White House, lawmakers push for economy plan
  • Tax rebates urged to rescue economy
  • Home foreclosure rates spiking
  • Foreclosures spur crime
  • Bank of America sees $3 billion write-Off: official
  • Open season for foreclosed houses
  • Barclays writes down $2.7 billion on mortgage losses
  • HSBC takes $3.4 billion charge
  • European banks face bigger risks from subprime meltdown: ECB
  • Bear Stearns slashes subprime exposure
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Markets Responses
Asian markets show signs of life after global rout
  • Street enters '09 with merciful '08 end
  • Stocks surge after Fed cuts rates to record lows
  • World markets plunge as US auto bailout fails
  • Asia stocks drop as Senate rejects US auto bailout
Impact on China
Nation 'can cope with downturn'
  • China to promote graduates' employment
  • GM China sales growth slows to 6% in '08
  • Chinese youths get thrifty in gloomy economy
  • Chery holds high hopes for US market