Japan, Australia Inject $11 Billion to Combat Rising Money Market Rates

Even with Japan's banks largely on the sidelines in the international housing bubble (US subprime exposure is a mere $8 billion) ... at ICAP Australia Ltd., part of the world's largest inter-bank broker. ``We've been living ... sheets as share and commodity prices plunge after governments in Europe and the U.S. arranged rescues [more...]

Date: 2008-10-07 03:24:42

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