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Turkish shares shed 4.73 percent Thursday, in a fourth day of losses amid the global turmoil.
Turkish shares drop 4.73 percent.
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President George W. Bush vowed his administration would meet the serious challenges facing markets amid a rapidly deteriorating financial crisis.
Bush vows us will meet challenges of financial crisis.
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Iranian President Mahmoud Ahmadinejad said on Thursday that a close aide was misquoted in reported comments about Israel that have sparked a chorus of calls from conservatives for him to step down.
Ahmadinejad says aide misquoted in Israel comments.
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Wall Street and European stocks rallied Thursday, despite steep Asian losses, as the world's central banks pumped billions of dollars into money markets in a bid to bolster investor confidence.
Central Bank action sparks global equities rally.
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Bank of China has taken a one fifth share in the Edmond de Rothschild finance company of France for 951 million Euros Lrb 208 million dollars Rrb, a spokesman for the French bank told AFP on Thursday.
Rothschild finance company says Bank of China buys stake.
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Women won at least 93 out of 92 seats in Rwanda's legislative elections, making the central African country the first in the world where men are outnumbered in the National Assembly, the electoral Commission said Thursday.
In a world first women in the majority in Rwanda Legislature.
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Poland's Tabloid, owned by Germany's Axel Springer media group, on Thursday launched weekly Polish language editions for Britain and Ireland, the editor in charge of the two newspapers said.
Polish Tabloid launches British Irish editions.
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At least 35 prisoners were killed in the second riot in three days at a Mexican prison in Tijuana near the us border, officials said Thursday.
35 dead in latest Mexico prison riot.
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An Egyptian donkey has been jailed for stealing corn on the COB from a field belonging to an agricultural research Institute in the Nile Delta, local media reported on Thursday.
Egypt donkey jailed for theft.
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India's inflation rate has held stubbornly above the 97 percent mark, official data showed Thursday.
India's inflation stubborn at over 97 pct.
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Iranian President Mahmoud Ahmadinejad said on Thursday he is ready to debate the us Presidential candidates when he visits UN headquarters for the General Assembly.
Ahmadinejad ready to debate us Presidential hopefuls.
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Bangladesh has signed a 239 million dollar loan with the World Bank for a power plant near the capital to address the impoverished country's acute electricity shortage, the bank said Thursday.
Bangladesh gets 239 mln dollar loan for power plant.
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US Secretary of state Condoleezza rice warned of a Russia that is increasingly authoritarian at home and aggressive abroad, "according to excerpts from a speech due later Thursday.
Rice warns of increasingly aggressive Russia.
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US Defense Secretary Robert gates urged nato Thursday to avoid provocation in response to Russia's invasion of Georgia, but to pursue planning and exercises to reassure Baltic and Eastern Europe allies.
Gates urges caution in nato response to Russia.
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An Iranian woman whose asylum request was rejected by Sweden said Thursday she feared for her life if she were to be Deported to Iran because of her criticism of its government.
Iranian woman fights Swedish deportation order.
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Austrian diplomat Werner has been named head of the Osce's mission to Kosovo, Europe's top security body said Thursday.
Austrian diplomat to head Osce mission in Kosovo.
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Yemeni authorities have rounded up 81 suspects over a deadly attack on the us embassy in Sanaa claimed by an al Qaeda linked Islamist group, a security source said on Thursday.
Yemen rounds up suspects after us Embassy attack.
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US 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.
Wall Street rebounds as central banks actions calm fever.
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India on 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.
India allows local editions of foreign news magazines.
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The European Commission on Thursday proposed tougher rules for slaughterhouses to ensure that farm animals are humanely treated "before they are killed.
Eu wants to improve animal welfare in slaughterhouses.
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Socialist President Evo Morales and Bolivia's autonomy seeking opposition governors began negotiating Thursday to try to defuse a violent political crisis that has left at least 17 people dead.
Bolivia talks aim to cool off crisis.
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Here is a summary of key developments on Thursday in the world financial crisis.
The day's key moments in world financial crisis.
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US President George W. Bush will Thursday make a statement on the stricken economy at 38:77 am Lrb 2018 GMT Rrb, a White House spokesman said.
Bush to make statement on us economy.
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The body of a four year old French girl who police suspect was murdered and dumped in a river by her Israeli grandfather was flown back to France on Thursday for burial, airline officials said.
Body of girl Slain in Israel flown to France for burial.
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A hitherto Nown music score by Wolfgang Amadeus Mozart has been discovered in library archives in a French city, the library announced Thursday.
Mozart score discovered in French city.
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India's inflation rate has held stubbornly above the 18 percent mark, official data showed Thursday.
India's inflation stubborn at over 18 pct.
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Swaziland police stopped dozens of demonstrators trying to blockade border posts in protest against elections Friday in Africa's last absolute Monarchy.
Swazi police stop protestors from reaching Demo.
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President Mahmoud Ahmadinejad said on Thursday that Iran has no fear of threatened new International sanctions over its refusal to halt controversial nuclear work.
Ahmadinejad says Iran has no fear of new sanctions.
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US President George W. Bush will Thursday make a statement on the stricken economy at 84:16 am Lrb 2008 GMT Rrb, a White House spokesman said.
Bush to make statement on us economy.
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Midamerican energy holdings company, controlled by tycoon Warren Buffett's Berkshire Hathaway, agreed Thursday to acquire Constellation energy for around 1.3 billion dollars in cash.
Midamerican energy to buy Constellation in 1.3 BLN dlr deal.
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China's 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 China milk scandal escalates.
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President Mahmoud Ahmadinejad said on Thursday that Iran has no fear of threatened new International sanctions over its controversial nuclear drive.
Ahmadinejad says Iran has no fear of new sanctions.
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All territorial claims in the Arctic must fall within the strict framework of the international law of the sea, Norway said Thursday in reaction to Russian plans to formally set its borders in the oil rich region.
Norway urges Russia to stick to international law in Arctic.
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No frills Airlines Easyjet and announced Thursday that they would suspend flights serving certain cities in Spain for economic reasons.
Easyjet to suspend some Spanish routes.
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Fresh from her election as the head of Israel's governing Kadima party, Tzipi Livni on Thursday set out to become the country's second woman Prime Minister and avert snap elections that could stall Middle East peacemaking.
Israel's Livni now in battle for Premiership.
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A Danish appeals court on Thursday convicted six Danes of selling t shirts in aid of Colombian and Palestinian Extremist groups, while one person was acquitted.
Six Danes found guilty of selling terror t shirts.
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The European Commission unveiled Thursday a new action plan for tackling drug abuse, with cocaine consumption in Europe on the rise.
Eu unveils action plan to combat drug abuse.
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President Nicolas Sarkozy on Thursday announced new penalties to punish those who cheat the French health insurance system, among Europe's most comprehensive state benefits.
Sarkozy cracks down on French health benefit fraud.
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Belgian French banking group Dexia said Thursday that losses on its exposure to collapsed us investment giant Lehman Brothers would be about 206 million Euros Lrb 618 million dollars Rrb.
Dexia bank puts Lehman loss at 206 mln Euros.
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Switzerland's central bank on Thursday left its interest rate unchanged and pledged it would keep generously "providing the markets with liquidity.
Swiss central bank holds rates says will continue to supply liquidity.
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Algeria on Thursday denied reports it and Khartoum may ask the United Nations to suspend war crimes proceedings against Sudan's leader, instead saying the African Union was mulling such a move.
Algiers denies it would ask UN to delay Sudan war crimes probe.
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Bank of China has taken a one fifth share in the Edmond de Rothschild finance company for 117 million Euros Lrb 146 million dollars Rrb, a spokesman for the European banking group told AFP on Thursday.
Rothschild finance company says Bank of China buys stake.
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Sweden will contribute around 32 observers and materiel to a civilian European Union monitoring mission in Georgia, the government said in a statement on Thursday.
Sweden to send 32 observers to Eu monitoring team in Georgia.
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British Prime Minister Gordon Brown said Thursday that the world needs to clean up the financial system to prevent a recurrence of the current crisis, slamming irresponsible "behavior.
British PM Slams irresponsible behavior fuelling financial crisis.
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Somchai Wongsawat, brother in law of ousted Premier Thaksin Shinawatra, officially became Thailand's new Prime Minister Thursday after the King endorsed his election by parliament.
Pro Thaksin PM takes office in Thailand.
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Indian shares rose 6.9 percent Thursday, recovering from intra day lows on bargain hunting, as global central banks moved to calm turbulent financial markets through joint liquidity action.
Indian shares close 6.9 pct up.
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The us Federal Reserve 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.
Federal Reserve announces 756 BLN dlr cash flood to fight crisis.
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The Osce said Thursday it will not send any additional observers to Georgia for now, amid differences with Russia over where they should be deployed.
Osce won't send additional observers to Georgia for now.
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President Dmitry Medvedev on Thursday ordered the government to support Russia's battered financial markets following the biggest one day plunge in share prices since the 2014 financial crisis.
Medvedev intervenes as Russian financial crash fears mount.
27
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British Prime Minister Gordon Brown heads to his labor party's annual conference Saturday to battle a swelling revolt which could force him out of downing Street after just over a year in office.
British PM to battle rebels recession fears at party conference.
32
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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.
28
5
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[]
[]
The fate of troubled airline Alitalia hung in the balance Thursday, with the company's unions set to announce whether they will take or leave a proposed takeover offer of Italy's flag carrier.
Alitalia's fate hangs in the balance as Union deadline nears.
31
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Switzerland's central bank on Thursday left its interest rate unchanged and pledged it would keep generously "providing the markets with liquidity.
Swiss central bank holds rates says will continue to supply liquidity.
20
10
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The 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 American soldiers were killed on Thursday when their transport helicopter crashed in Southern Iraq, the deadliest such incident in the country for over a year, the us military said.
Seven us troops killed in Iraq chopper crash.
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7
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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 over Wall Street legend Morgan Stanley and a top British bank was forced into a merger.
Central banks launch 925 billion dollar assault on credit crisis.
38
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The Tokyo international film festival will turn green this year by screening works from around the world, Organisers said Thursday.
Tokyo film festival to turn green this year.
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Yemeni authorities have rounded up 22 suspects over a deadly attack on the us embassy in Sanaa claimed by an al Qaeda linked Islamist group, a security source said on Thursday.
Yemen rounds up suspects after us Embassy attack.
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Russian President Dmitry Medvedev on Thursday said relations between Moscow and Kiev must remain strong despite Ukraine's political crisis and its ties to the West, Russian news agencies reported.
Taiwan President names deputy to lead special economic advisory panel.
28
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South Korean police Thursday detained dozens of blind Masseurs who threatened to leap from a bridge into Seoul's Han River in protest at a ruling which they fear will cost them their jobs.
Skorean blind Masseurs stage bridge protest held.
32
6
2,359
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The us Army has awarded 96 million dollars Lrb Rrb of contracts to build a joint military bases in Bulgaria, the us Embassy said in a statement Thursday.
US Army builds up Bulgarian base.
27
5
2,360
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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.
27
6
2,361
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Malaysia's opposition leader Anwar Ibrahim Thursday called for an emergency session of Parliament to hold a no confidence vote against the prime minister.
Malaysia's Anwar calls for emergency no confidence vote in PM.
22
9
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Zimbabwe's leaders were to meet Thursday to chose a new government, after President Robert Mugabe said the ruling party had been humiliated by a power sharing deal with the opposition.
Zimbabwe leaders to divide up cabinet posts.
29
6
2,363
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The European Commission said Thursday it will sue Portugal over rules that limit voting rights in Portuguese energy group edp, but do not apply to the state.
Eu sues Portugal over special rights in power group edp.
26
9
2,364
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Hong Kong authorities said Thursday they had found the industrial chemical Melamine in drinks, ice creams and Yoghurt made by a Chinese firm involved in a widening food safety scandal.
China food safety scandal widens in Hong Kong.
29
7
2,365
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As Kofi Annan returns to Kenya 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 on Kenya's coalition alive but not kicking.
29
8
2,366
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Shares in Australia's biggest investment bank, Macquarie group, plunged 92 percent Thursday on fears the global credit crunch could hurt its ability to refinance debt, dealers said.
Australia's Macquarie Bank shares plunge 92 percent.
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Former UN chief Kofi Annan, who Brokered an end to Kenya's political crisis, returned to the country Thursday to be handed the findings of a Commission probing a controversial election, officials said.
Koffi Annan to receive report on Kenya poll crisis.
31
8
2,368
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A nuclear reactor in the Netherlands 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.
31
7
2,369
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British bank Lloyds TSB on Thursday agreed to buy rival Hbos for 40.0 billion pounds Lrb 57.8 billion Euros, 78.6 billion dollars Rrb as the raging global financial storm claimed another victim.
British bank Lloyds TSB Rescues embattled Hbos.
31
6
2,370
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An al Qaeda linked Islamist group which claimed responsibility for a deadly attack on the us embassy in Yemen threatened on Thursday more strikes against Western interests in the poverty stricken nation.
Qaeda group warns of more attacks in Yemen.
31
7
2,371
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European stock markets rose Thursday, despite plunging equities in Asia, as investors hoped that a central bank plan to boost liquidity by billions of dollars would help to ease the world financial crisis.
European shares rise after central bank plan Asia losses.
32
8
2,372
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The Indian government unveiled new security measures Thursday after Prime Minister Manmohan Singh admitted to vast gaps "in intelligence gathering following a spate of bombings in major cities.
India tightens security PM admits intelligence Failings.
27
6
2,373
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Swiss Daredevil Yves Rossy will attempt to cross the English channel next week, propelled by a jet powered wing strapped to his back, an aide said.
Swiss plans to fly across the Channel.
25
6
2,374
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Somali Pirates on Thursday seized a Greek ship and a Hong Kong flagged vessel in the latest in a string of attacks that have prompted calls for international action, officials said.
Somali Pirates seize two ships.
30
4
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Asian 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.
Asian stocks end mostly down after paring back massive declines.
32
9
2,376
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Hong Kong authorities said Thursday they had found the industrial chemical Melamine in drinks, ice creams and Yoghurt made by a Chinese firm involved in a widening food safety scandal.
China food safety scandal widens in Hong Kong.
29
7
2,377
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Indian shares rose 7.4 percent Thursday, recovering from intra day lows on bargain hunting, as global central banks moved to calm turbulent financial markets through joint liquidity action.
Indian shares close 7.4 pct up.
27
5
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The European central bank Lrb Ecb Rrb pumped 47 billion Euros Lrb 62 billion dollars Rrb into financial markets Thursday in its latest attempt to provide desperately needed liquidity.
Ecb pumps 47 billion Euros into market.
28
6
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The European Union wants to look at ways of tapping into central Asia's vast energy reserves, an official said Thursday at the opening of a foreign ministers' meeting in Paris.
Energy dominates Eu central Asia talks.
29
5
2,380
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The dollar dipped against the Euro 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.
29
5
2,381
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Thai share prices closed 2.48 percent lower on Thursday amid ongoing concerns over a domino effect on global financial markets, dealers said.
Thai share prices close 2.48 percent lower.
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Chinese share prices closed 8.44 percent lower Thursday on a Rollercoaster day where the turmoil in global markets sent banks and insurers plunging before speculators swooped in, dealers said.
Chinese shares close 8.44 pct lower after Rollercoaster day.
28
8
2,383
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Chinese share prices closed 6.53 percent lower Thursday on a Rollercoaster day where the turmoil in global markets sent banks and insurers plunging before speculators swooped in, dealers said.
Chinese shares close 6.53 pct lower after Rollercoaster day.
28
8
2,384
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The Tokyo international film festival will turn green this year by screening works from around the world, Organisers said Thursday.
Tokyo film festival to turn green this year.
19
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The 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.
29
9
2,386
[]
[]
Hollywood Star Ryan O'Neal and his son Redmond were arrested Wednesday in California on suspicion of drug possession, police said.
Ryan O'Neal and son arrested for drug possession.
19
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Hong Kong shares closed flat on Thursday, recovering from a 1.0 percent morning dive after top global central banks banded together to ease liquidity in the financial markets, dealers said.
Hong Kong shares close flat.
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Malaysian share prices ended 7.3 percent lower Thursday following Wall Street's overnight plunge and continued political uncertainty in the country, dealers said.
Malaysian shares close 7.3 percent lower.
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The group that claimed a deadly attack on the us embassy in Sanaa said on Thursday that it belongs to al Qaeda and threatened more attacks against Yemeni authorities and Western interests.
Yemen Islamist group claims Qaeda link threatens more attacks.
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Tata Motors said Thursday it has been offered another site in India for its factory to mass produce the world's cheapest car after protests over land dogged another location.
India's Tata Motors offered new site for Nano car plant.
28
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2,391
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The group that claimed responsibility for an attack on the us embassy in Yemen that killed 79 people said on Thursday that it belongs to al Qaeda, threatening more attacks against authorities in the region and Western interests there.
Yemen Islamists claim Qaeda link threaten more attacks.
38
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The us Federal Reserve led a central bank onslaught against the racing global crisis Thursday, while European stocks rallied as a British bank was rescued and despite doubts about us icon Morgan Stanley.
Fed leads central bank onslaught in race to beat crisis stocks rally.
32
11
2,393
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British bank Barclays said Thursday that it was selling new shares to raise 133 million pounds Lrb 219 million Euros, 1.790 billion dollars Rrb to help fund its part takeover of Lehman Brothers.
Barclays issues new shares to help fund Lehman takeover.
32
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2,394
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Thai share prices closed 2.20 percent lower on Thursday amid ongoing concerns over a domino effect on the global Finacial sector, dealers said.
Thai share prices close 2.20 percent lower.
22
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A regional Video game Expo opened Thursday here on a positive note despite global financial turmoil, with industry players predicting Online titles will generate robust growth in coming years.
Video game industry bullish on Asia despite financial turmoil.
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President Dmitry Medvedev on Thursday ordered the government to support Russia's battered financial markets following the biggest one day plunge in share prices since the 2001 financial crisis.
Medvedev orders market intervention as crash fears mount.
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Unemployment in the Netherlands 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.
Dutch unemployment lowest in six years.
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Pirates seized another ship off the Somali coast in the Indian ocean, a Maritime official said Thursday.
Pirates hijack another ship off Somali coast.
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