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271. Saudi Arabia mulls marriage ban for girls under 18
Saudi Arabia may ban marriage for girls below 18, a government minister said after a case of an eight-year old girl marrying a man more than 40 years her senior drew international criticism and embarrassed the kingdom.
05 May 2009
272. World stocks hit 4-month high, banks buoyant
World stocks hit a fresh four-month high on Tuesday while government bonds steadied after signs of improvement in the U.S. housing sector and increasing optimism about banks triggered a rally on Wall Street.
05 May 2009
273. Chrysler bankruptcy has dealers on "razor's edge"
Chrysler's car dealership network is on the verge of collapse, a U.S. bankruptcy court heard on Monday, as hundreds of dealerships have closed their doors this year and uncertainty about the company's future is driving consumers away.
05 May 2009
274. Optimistic central bank comments boost stocks
Asian stocks rose to fresh seven-month highs on Tuesday as optimistic comments from central bankers bolstered confidence that the worst of the global economic downturn may have passed, offsetting anxiety about U.S. banks and their capital needs.
05 May 2009
275. Bank caution supports U.S. dollar, tempers stocks
The U.S. dollar edged up from a six-week low on Tuesday after news the U.S. Treasury will instruct about 10 banks to raise more capital injected caution into markets and capped gains in Asian stocks.
05 May 2009
276. About 10 U.S. stress test banks to need more capital
About 10 of the 19 largest U.S. banks being stress tested will be instructed by regulators to raise more capital, according to a source familiar with official talks.
05 May 2009
277. About 10 U.S. stress test banks need capital: source
U.S. regulators have deemed that about 10 of the 19 U.S. banks being stress tested will need to raise more capital, according to a source familiar with official talks.
05 May 2009
278. Tense talks as U.S. bank stress tests near completion
The largest U.S. banks made the case to regulators on Monday that they have the financial firepower to withstand a deeper recession, as Bank of America denied a report it was trying to raise capital of $10 billion.
05 May 2009
279. Wall St rallies on banks, data; S&P positive for '09
U.S. stocks rallied on Monday, driving the S&P 500 into positive territory for the year as investors bet banks' capital shortfalls may be manageable and housing data fueled hopes the recession is easing.
05 May 2009
280. S&P turns positive for '09 on bank hopes, data
U.S. stocks rallied on Monday, driving the S&P 500 into positive territory for the year as investors bet banks' capital shortfalls may be manageable and housing data fueled hopes the recession is easing.
05 May 2009
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