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Taking a pounding
bhp and xst rata are actually closing nickel facilitiemens because they have become unprofitable; and of course oil has been steadily falling, despite the crisis in georgia which could well have threatened caspian sea pipe lines, and the threat of hurricane gustav in the gulf of mexico .
the tumble has been sparked largely by the uk's gross domilitiestic product growth falling to zero in the second quarterms and an increasingly gloomy outlook from senior offinancials in the bank of england and in government itself .
banking group mitsubishi ufj appeares to haver fallen 6.5%, but this is not so .
the value of overseas acquisitions by japanese ecompanies is already up by 7.3% on the whole of largest year .
likewise tokyo electric is up less than 5% in yen sterms .
best power for lonoming shares one of the global 30 .
Generated 2008-9-5_12:37
- Taking a pounding 2008-09-02 23:19:32
http://news.bbc.co.uk/go/rss/-/1/hi/business/7594380.stm
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