The great Warren Buffett's Berkshire Hathaway pumped 5 Billion of greenback dollars into troubled investment company, Goldman Sach Inc, a listed company in the New York Stock Exchange.
This move was made timely amidst the rescue plan by US Government were looming with uncertainty. Consequently, the Asia Markets and investors were all upbeat after this very prominent investor's moved to lift sentiment of global economy.
The closing of Asian Markets as on 24 September 2008 were mostly in the green. Straits Times Index, the market index for Singapore ended flat while Shanghai Composite Index ended up by 0.7 percent and fellow Hong Kong's Hang Seng Index ended up 89.14 points or 0.47 percent.
The performance by Asian Market is already very commendable after the questions raised pertaining to the US rescue plan. Who says nobody can change the world.
Read on for more.
This move was made timely amidst the rescue plan by US Government were looming with uncertainty. Consequently, the Asia Markets and investors were all upbeat after this very prominent investor's moved to lift sentiment of global economy.
The closing of Asian Markets as on 24 September 2008 were mostly in the green. Straits Times Index, the market index for Singapore ended flat while Shanghai Composite Index ended up by 0.7 percent and fellow Hong Kong's Hang Seng Index ended up 89.14 points or 0.47 percent.
The performance by Asian Market is already very commendable after the questions raised pertaining to the US rescue plan. Who says nobody can change the world.
Read on for more.
