Florida Mortgage Lender Exits Turbulent Market

Aegis Mortgage Corp., a Houston-based subprime lender, filed for bankruptcy Monday, adding to the growing list of companies hit by investors' unwillingness to fund home loans for borrowers with poor repayment ...more

Symantec: Use of instant messaging in workplaces a plus

By DAVID DIZON abs-cbnNEWS.com Companies that ban the use of instant messaging systems such as Yahoo Messenger, MSN Messenger and Google Talk risk limiting the productivity of their employees, an official of ...more

Asian Financial Stocks Fall on Debt-Market Concern; Mitsubishi UFJ Drops

Asian financial stocks fell after Australian mortgage lender Rams Home Loans Group Ltd.
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Renewed risk aversion hurts global stocks

Signs of risk aversion re-emerged on European markets on Tuesday, weighing on stocks and boosting government bonds, even after several days of cash injections from some of the world's major central banks.