PR-inside.com) HONG KONG (AP) - Asian stock markets advanced Monday, with South Korean shares gaining for the first time in four days as the government moved to shore up the country's banking system amid the global credit crisis.Japan's Nikkei 225

PR-inside.com) FRANKFURT, Germany (AP) - The euro rose against the dollar Monday, strengthened by reports from the U.S. showing a dearth of new housing construction and weak consumer confidence.The 15-nation euro bought US$1.3478 in European morning trading, up from US$1.3428

PR-inside.com) PARIS (AP) - The top three executives at France's Caisse d'Epargne have resigned under pressure from the government after the bank lost 600 million (US$810 million) trading derivatives amid the worldwide stock market collapse earlier this month.The auditing board

PR-inside.com) BASEL, Switzerland (AP) - Drug maker Novartis AG on Monday reported a 32-percent rise in net profit for the third quarter, thanks to strong sales and the weakness of the U.S. dollar.Net profit rose to US$2.08 billion in the

PR-inside.com) SEOUL, South Korea (AP) - South Korean share prices rose and the country's currency strengthened Monday after the government announced measures to shore up the country's financial system amid the global credit crisis.The Korea Composite Stock Price Index gained

PR-inside.com) HONG KONG (AP) - World markets advanced Monday, with South Korean shares gaining for the first time in four days after the government announced a US$130 billion plan to buttress the country's vulnerable banks amid the credit crisis.Japan's Nikkei

PR-inside.com) STOCKHOLM, Sweden (AP) - Wireless equipment maker LM Ericsson AB reported Monday that net profit fell 28 percent in the third quarter on heavy restructuring charges. The announcement, four days ahead of schedule, was better than expected and sent

PR-inside.com) SHANGHAI, China (AP) - Chinese shares rose Monday as lower third quarter inflation data and pledges of fresh government support for the economy buoyed buying sentiment. Developers, financial stocks and miners lead the advance.The benchmark Shanghai Composite Index gained

PR-inside.com) FRANKFURT, Germany (AP) - The German Cabinet on Monday approved the terms that banks will have to accept in order to benefit from its 480 billion (US$645 billion) bailout plan _ including a salary cap of 500,000 (US$670,200) for

PR-inside.com) STOCKHOLM, Sweden (AP) - Wireless equipment maker LM Ericsson AB reported Monday that net profit fell 28 percent in the third quarter on heavy restructuring charges. The announcement, four days ahead of schedule, was better than expected and sent

PR-inside.com) ALMATY, Kazakhstan (AP) - The Kazakh government plans to inject US$15 billion into the domestic economy by the end of the year to avoid fallout from the global economic crisis, the prime minister said Monday.Karim Massimov said the amount

PR-inside.com) STOCKHOLM, Sweden (AP) - Wireless equipment maker LM Ericsson AB says net profit fell by 28 percent in the third quarter, weighed down by restructuring charges. The company says earnings for the period fell to 2.8 billion kronor (US$378

PR-inside.com) TOKYO (AP) - Japanese stocks rose sharply Monday as hopes for better-than-expected corporate earnings lifted sentiment despite lingering concerns about a slowing global economy. The benchmark Nikkei 225 index rose 311.77 points, or 3.59 percent, to 9,005.59, climbing above

PR-inside.com) AMSTERDAM, Netherlands (AP) - Shares in ING Groep NV rebounded more than 20 percent at the start of trading Monday, after the Dutch government threw the bank and insurer a 10 billion (US$13.4 billion) lifeline to shore up its

PR-inside.com) PARIS (AP) - The top three executives at France's Caisse d'Epargne have resigned under pressure from the government after the bank lost 600 million (US$810 million) trading derivatives amid the worldwide stock market collapse earlier this month. The auditing

PR-inside.com) FRANKFURT, Germany (AP) - The German Cabinet on Monday approved the conditions banks will have to meet to benefit from its 480 billion (US$645 billion) bailout plan. The terms include a salary cap of 500,000 (US$670,200) for managers of

Bargain-hunting and earnings speculation bolsters Tokyo stocks; Seoul falls despite government financial rescue package.

What will its America look like?

THE government will meet bank chiefs to urge them to do more to help small businesses and homeowners, the country's newly- appointed Business Secretary Peter Mandelson sai

BANK of Japan board member Atsushi Mizuno said a downward revision to its economic forecast was inevitable as the financial crisis hits exports.