Daily FNArena News - FYI

With the US recession bound and Asian growth slowing, ANZ suggests Australian industry will not be immune to a slowdown.

The financial and economic collapse of Iceland in recent weeks has seen Danske Bank compile a list of those nations most at risk.

Rescue plans have been announced and implemented the world over, but with the local AGM season beginning and bank reporting season ending, attention may turn back to local affairs.

Telecom New Zealand has again cut it earnings guidance and has lifted capex for a new mobile network.

Last week ended with a hopeful rally on Wall Street, but will the G7’s laundry list of good intentions turn into action?

The G7 has announced a coordinated effort which it believes is sufficiently comprehensive to halt the global financial market crash.

The British prime minister has ordered part nationalisation of the UK banking system.

The world’s economies are toppling like dominoes as each responds to its own immediate problems.

Could a rescue of Wall Street come down to simple accounting?

It’s been more than a week and world markets are still just beginning to come to grips with the bans on short-selling.