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Shares shed 473 percent thursday, in a fourth day of losses amid the global turmoil.
Shares drop 473 percent.
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President vowed his administration would meet the serious challenges facing markets amid a rapidly deteriorating financial crisis.
Vows us will meet challenges of financial crisis.
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President said on thursday that a close aide was misquoted in reported comments about that have sparked a chorus of calls from conservatives for him to step down.
Says aide misquoted comments.
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Stocks rallied thursday, despite steep losses, as the world's central banks pumped billions of dollars into money markets in a bid to bolster investor confidence.
Action sparks global equities rally.
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Has taken a one fifth share in the finance company of for 951 million euros lrb 208 million dollars rrb, a spokesman for the bank told on thursday.
Finance company says buys stake.
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Women won at least 93 out of 92 seats legislative elections, making the central country the first in the world where men are outnumbered in the the said thursday.
World first women in the majority.
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Owned media group, on thursday launched weekly language editions and the editor in charge of the two newspapers said.
Launches editions.
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Least 35 prisoners were killed in the second riot in three days at a prison near the us border, officials said thursday.
35 dead in latest prison riot.
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Donkey has been jailed for stealing corn on the from a field belonging to an agricultural research institute in the local media reported on thursday.
Donkey jailed for theft.
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Inflation rate has held stubbornly above the 97 percent mark, official data showed thursday.
Inflation stubborn at over 97 pct.
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President said on thursday he is ready to debate the us presidential candidates when he visits headquarters for.
Ready to debate us presidential hopefuls.
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Has signed a 239 million dollar loan with the for a power plant near the capital to address the impoverished country's acute electricity shortage, the bank said thursday.
Gets 239 mln dollar loan for power plant.
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Secretary of state warned of a that is increasingly authoritarian at home and aggressive abroad, "according to excerpts from a speech due later thursday.
Warns of increasingly aggressive.
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Defense secretary urged nato thursday to avoid provocation in response invasion of but to pursue planning and exercises to reassure and allies.
Urges caution in nato response.
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Woman whose asylum request was rejected said thursday she feared for her life if she were to be deported because of her criticism of its government.
Woman fights deportation order.
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Diplomat has been named head of the mission top security body said thursday.
Diplomat to head mission.
2,315
Authorities have rounded up 81 suspects over a deadly attack on the us embassy claimed by an linked group, a security source said on thursday.
Rounds up suspects after us embassy attack.
2,316
Stocks rebounded at the open thursday as a massive liquidity effort by global central banks appeared to calm markets a day after a feverish rush to safe haven assets.
Rebounds as central banks actions calm fever.
2,317
Thursday lifted a decades old ban on local editions of foreign news magazines, but put a cap of 97 percent on overseas equity in such joint ventures.
Allows local editions of foreign news magazines.
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On thursday proposed tougher rules for slaughterhouses to ensure that farm animals are humanely treated "before they are killed.
Wants to improve animal welfare in slaughterhouses.
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Socialist president and autonomy seeking opposition governors began negotiating thursday to try to defuse a violent political crisis that has left at least 17 people dead.
Talks aim to cool off crisis.
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Here is a summary of key developments on thursday in the world financial crisis.
Day's key moments in world financial crisis.
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President will thursday make a statement on the stricken economy at 38:77 am lrb 2018 rrb, a spokesman said.
Make statement on us economy.
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Body of a four year old girl who police suspect was murdered and dumped in a river by her grandfather was flown back on thursday for burial, airline officials said.
Body of girl flown for burial.
2,323
Hitherto nown music score has been discovered in library archives in a city, the library announced thursday.
Score discovered city.
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Inflation rate has held stubbornly above the 18 percent mark, official data showed thursday.
Inflation stubborn at over 18 pct.
2,325
Police stopped dozens of demonstrators trying to blockade border posts in protest against elections friday last absolute.
Police stop protestors from reaching.
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President said on thursday that has no fear of threatened new sanctions over its refusal to halt controversial nuclear work.
Says has no fear of new sanctions.
2,327
President will thursday make a statement on the stricken economy at 84:16 am lrb 2008 rrb, a spokesman said.
Make statement on us economy.
2,328
Energy holdings company, controlled by tycoon agreed thursday to acquire energy for around 13 billion dollars in cash.
Energy to buy in 13 bln dlr deal.
2,329
Milk scandal escalated dramatically on thursday as it emerged the illegal chemical blamed for killing four babies had been detected in a wide range of dairy products, leading to mass recalls.
Death toll rises to four as milk scandal escalates.
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President said on thursday that has no fear of threatened new sanctions over its controversial nuclear drive.
Says has no fear of new sanctions.
2,331
All territorial claims in the must fall within the strict framework of the international law of the sea, said thursday in reaction plans to formally set its borders in the oil rich region.
Urges to stick to international law.
2,332
F and announced thursday that they would suspend flights serving certain cities for economic reasons.
Suspend some routes.
2,333
Fresh from her election as the head of governing party, on thursday set out to become the country's second woman prime minister and avert snap elections that could stall peacemaking.
Now in battle for premiership.
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Appeals court on thursday convicted six of selling t shirts in aid of and groups, while one person was acquitted.
Six found guilty of selling terror t shirts.
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Unveiled thursday a new action plan for tackling drug abuse, with cocaine consumption on the rise.
Unveils action plan to combat drug abuse.
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President on thursday announced new penalties to punish those who cheat the health insurance system, among most comprehensive state benefits.
Cracks down health benefit fraud.
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Banking group said thursday that losses on its exposure to collapsed us investment giant would be about 206 million lrb 618 million dollars rrb.
Bank puts loss at 206 mln.
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Central bank on thursday left its interest rate unchanged and pledged it would keep generously "providing the markets with liquidity.
Central bank holds rates says will continue to supply liquidity.
2,339
Thursday denied reports it and may ask the to suspend war crimes proceedings against leader, instead saying the was mulling such a move.
Denies it would ask to delay war crimes probe.
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Has taken a one fifth share in the finance company for 117 million lrb 146 million dollars rrb, a spokesman for the banking group told on thursday.
Finance company says buys stake.
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Will contribute around 32 observers and materiel to a civilian monitoring mission the government said in a statement on thursday.
Send 32 observers monitoring team.
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Prime minister said thursday that the world needs to clean up the financial system to prevent a recurrence of the current crisis, slamming irresponsible "behavior.
Pm slams irresponsible behavior fuelling financial crisis.
2,343
Brother in law of ousted premier officially became new prime minister thursday after the king endorsed his election by parliament.
Pm takes office.
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Shares rose 69 percent thursday, recovering from intra day lows on bargain hunting, as global central banks moved to calm turbulent financial markets through joint liquidity action.
Shares close 69 pct up.
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Us announced a 756 billion dollar liquidity line to fight the racing fires of global financial crisis thursday and said it was ready to do more.
Announces 756 bln dlr cash flood to fight crisis.
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Said thursday it will not send any additional observers for now, amid differences over where they should be deployed.
Won't send additional observers for now.
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President on thursday ordered the government to support battered financial markets following the biggest one day plunge in share prices since the 2014 financial crisis.
Intervenes as financial crash fears mount.
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Prime minister heads to his labor party's annual conference saturday to battle a swelling revolt which could force him out of after just over a year in office.
Pm to battle rebels recession fears at party conference.
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Oil prices rose sharply for a second day running thursday, bouncing above 761 dollars, as the us currency fell after major central banks further boosted liquidity on financial markets.
Oil prices rally beyond 761 dollars.
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Fate of troubled airline hung in the balance thursday, with the company's unions set to announce whether they will take or leave a proposed takeover offer of flag carrier.
Fate hangs in the balance as deadline nears.
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Central bank on thursday left its interest rate unchanged and pledged it would keep generously "providing the markets with liquidity.
Central bank holds rates says will continue to supply liquidity.
2,352
World's top central banks announced a huge operation thursday to boost the volume of dollars available to strangled money markets as global financial turmoil ripped deeper into confidence.
World central banks launch onslaught to hold back global crisis.
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Seven soldiers were killed on thursday when their transport helicopter crashed the deadliest such incident in the country for over a year, the us military said.
Seven us troops killed chopper crash.
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Central banks around the world on thursday threw more than 925 billion dollars into the fight against the credit crisis as speculation grew legend and a top bank was forced into a merger.
Central banks launch 925 billion dollar assault on credit crisis.
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International film festival will turn green this year by screening works from around the world, organisers said thursday.
Film festival to turn green this year.
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Authorities have rounded up 22 suspects over a deadly attack on the us embassy claimed by an linked group, a security source said on thursday.
Rounds up suspects after us embassy attack.
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President on thursday said relations and must remain strong despite political crisis and its ties to the news agencies reported.
President names deputy to lead special economic advisory panel.
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Police thursday detained dozens of blind masseurs who threatened to leap from a bridge in protest at a ruling which they fear will cost them their jobs.
Blind masseurs stage bridge protest held.
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Us has awarded 96 million dollars lrb rrb of contracts to build a joint military bases the us said in a statement thursday.
Builds up base.
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Oil prices extended gains on thursday as the dollar fell following a coordinated plan by major central banks around the world to boost liquidity amid a credit crunch.
Oil prices rise further as dollar drops.
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Opposition leader thursday called for an emergency session of to hold a no confidence vote against the prime minister.
Calls for emergency no confidence vote in pm.
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Leaders were to meet thursday to chose a new government, after president said the ruling party had been humiliated by a power sharing deal with the opposition.
Leaders to divide up cabinet posts.
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Said thursday it will sue over rules that limit voting rights energy group but do not apply to the state.
Sues over special rights in power group edp.
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Authorities said thursday they had found the industrial chemical in drinks, ice creams and made by a firm involved in a widening food safety scandal.
Food safety scandal widens.
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As returns six months after brokering a landmark power sharing deal, the governing coalition is still holding but has little else to boast about, analysts say.
Six months coalition alive but not kicking.
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Shares biggest investment bank, group, plunged 92 percent thursday on fears the global credit crunch could hurt its ability to refinance debt, dealers said.
Shares plunge 92 percent.
2,367
Former chief who brokered an end political crisis, returned to the country thursday to be handed the findings of a probing a controversial election, officials said.
Receive report poll crisis.
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Nuclear reactor in the closed for safety reasons, causing cancer patients to face longer waits for diagnoses, is unlikely to be back in operation before late november, its owners said.
Cancer diagnoses delayed as nuclear reactor remains shut.
2,369
Bank on thursday agreed to buy rival for 400 billion pounds lrb 578 billion 786 billion dollars rrb as the raging global financial storm claimed another victim.
Bank rescues embattled.
2,370
Linked group which claimed responsibility for a deadly attack on the us embassy threatened on thursday more strikes against interests in the poverty stricken nation.
Group warns of more attacks.
2,371
Stock markets rose thursday, despite plunging equities as investors hoped that a central bank plan to boost liquidity by billions of dollars would help to ease the world financial crisis.
Shares rise after central bank plan losses.
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Government unveiled new security measures thursday after prime minister admitted to vast gaps "in intelligence gathering following a spate of bombings in major cities.
Tightens security pm admits intelligence failings.
2,373
Dare will attempt to cross the next week, propelled by a jet powered wing strapped to his back, an aide said.
Plans to fly across.
2,374
Pirates on thursday seized a ship and a flagged vessel in the latest in a string of attacks that have prompted calls for international action, officials said.
Pirates seize two ships.
2,375
Stocks fell again thursday but pared back early losses after the world's leading central banks joined together to flood the market with cash to put the brakes on the global financial crisis.
Stocks end mostly down after paring back massive declines.
2,376
Authorities said thursday they had found the industrial chemical in drinks, ice creams and made by a firm involved in a widening food safety scandal.
Food safety scandal widens.
2,377
Shares rose 74 percent thursday, recovering from intra day lows on bargain hunting, as global central banks moved to calm turbulent financial markets through joint liquidity action.
Shares close 74 pct up.
2,378
Central bank pumped 47 billion lrb 62 billion dollars rrb into financial markets thursday in its latest attempt to provide desperately needed liquidity.
Pumps 47 billion into market.
2,379
Wants to look at ways of tapping into central vast energy reserves, an official said thursday at the opening of a foreign ministers' meeting.
Energy dominates central talks.
2,380
Dollar dipped against the and yen on thursday after a brief rally in the wake of a move by major central banks around the world to boost liquidity.
Dollar heads lower after brief rally.
2,381
Share prices closed 248 percent lower on thursday amid ongoing concerns over a domino effect on global financial markets, dealers said.
Share prices close 248 percent lower.
2,382
Share prices closed 844 percent lower thursday on a day where the turmoil in global markets sent banks and insurers plunging before speculators swooped in, dealers said.
Shares close 844 pct lower day.
2,383
Share prices closed 653 percent lower thursday on a day where the turmoil in global markets sent banks and insurers plunging before speculators swooped in, dealers said.
Shares close 653 pct lower day.
2,384
International film festival will turn green this year by screening works from around the world, organisers said thursday.
Film festival to turn green this year.
2,385
World's top central banks announced a huge onslaught to boost the volume of dollars available to strangled money markets on thursday, as global financial turmoil ripped deeper into confidence.
World central banks launch onslaught to hold back global crisis.
2,386
Star and his son were arrested wednesday on suspicion of drug possession, police said.
Son arrested for drug possession.
2,387
Shares closed flat on thursday, recovering from a 10 percent morning dive after top global central banks banded together to ease liquidity in the financial markets, dealers said.
Shares close flat.
2,388
Share prices ended 73 percent lower thursday following overnight plunge and continued political uncertainty in the country, dealers said.
Shares close 73 percent lower.
2,389
Group that claimed a deadly attack on the us embassy said on thursday that it belongs and threatened more attacks against authorities and interests.
Group claims link threatens more attacks.
2,390
Said thursday it has been offered another site for its factory to mass produce the world's cheapest car after protests over land dogged another location.
Offered new site car plant.
2,391
Group that claimed responsibility for an attack on the us embassy that killed 79 people said on thursday that it belongs threatening more attacks against authorities in the region and interests there.
Claim link threaten more attacks.
2,392
Us led a central bank onslaught against the racing global crisis thursday, while stocks rallied as a bank was rescued and despite doubts about us icon.
Leads central bank onslaught in race to beat crisis stocks rally.
2,393
Bank said thursday that it was selling new shares to raise 133 million pounds lrb 219 million 1790 billion dollars rrb to help fund its part takeover.
Issues new shares to help fund takeover.
2,394
Share prices closed 220 percent lower on thursday amid ongoing concerns over a domino effect on the global finacial sector, dealers said.
Share prices close 220 percent lower.
2,395
Regional opened thursday here on a positive note despite global financial turmoil, with industry players predicting titles will generate robust growth in coming years.
Video game industry bullish despite financial turmoil.
2,396
President on thursday ordered the government to support battered financial markets following the biggest one day plunge in share prices since the 2001 financial crisis.
Orders market intervention as crash fears mount.
2,397
Unemployment in the has dipped to its lowest level in six years even as other indicators such as economic growth and inflation come under pressure from global financial turmoil.
Unemployment lowest in six years.
2,398
Pirates seized another ship off the coast in the a maritime official said thursday.
Pirates hijack another ship off coast.
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