MPH 2008

Asia plans summit on global financial crisis

Chilled by memories of their own financial meltdown ten years ago, Asian governments discuss strategies to avoid crisis

Soco shares defy market after bid rumours

Suspicion of interest from Chinese state-controlled oil and petrochemicals group pushes stock 40 per cent higher

China won't save the world

The miracle cure that western governments might hope for will not come from Beijing while Chinese consumers continue to save

Asian stocks rebound on Australian rate cut

Investors across Asia take heart after Australia makes biggest reduction to interest rates in 16 years. Watch video

London plunges as banks pump in billions

Leading shares in London and Asia plummet, euro and pound fall and bank rescues in Europe continue, despite US bailout

Marks & Spencer opens Shanghai store

Curious shoppers massed in their thousands as M&S opened its first store in China, triggering a rush for jam and biscuits

Fortis shares up after asset sales scrapped

The rescued Belgian finance giant has dropped plans to sell more than £3bn of assets to China and Deutsche Bank

Cadbury hit by tainted milk scandal

British confectionery giant withdraws chocolate Eclairs and Dairy Milk from Asian and Australian markets after scare

Rumours trigger two-day run on Bank of East Asia

Public confidence in BEA remains fragile as Hong Kong’s banking community fight to subdue fears of a liquidity crisis

Run on bank prompts $500m Hong Kong cash injection

Li Ka-shing buys shares to restore confidence in Bank of East Asia, whose branches attracted thousands to withdraw money

Asia markets rebound on US crisis fix hopes

US Treasury Secretary pledges to help clean up toxic banks but some fear today's rally in Asia is a 'dead cat bounce'

China stocks surge as government shores up shares

The steps the government has taken to help its people reveals the anxiety it feels at the turmoil in global markets

Bank of China buys into Rothschild

The Chinese bank agrees to acquire 20% of French merchant bank La Compagnie Financiere Edmond de Rothschild