21. Gold rose for a second day as investors bought the metal to protect themselves from plunging global equity markets. 22. Gold rose for a second day as plunging global equity markets increased demand for the precious metal as a haven from financial turmoil. 23. Global equities also continued to dive as the prospect of a long protracted war and continued economic weakness rattled investors. 24. Global equity markets surged as South Korea agreed to seek a financial bailout from the International Monetary Fund. 25. Global equities tumbled Friday after comments by U.S. Federal Reserve Chairman Alan Greenspan were interpreted as a hint the Fed might boost rates. 26. Global equity markets had been unsettled in recent weeks by concerns that slowing Asian economies could have a knock-on effect on the rest of the world. 27. Global equity markets rallied as South Korea agreed to seek a financial bailout from the International Monetary Fund, indicating that Asian financial markets could stabilize. 28. Gorman, a former CS First Boston head of global equity, joined Schwab last month. 29. He also secured an agreement with Iscor Ltd., an iron and steel company, to manage part of its pension fund in a global equity portfolio. 30. He will report to Jeremy Isaacs, managing director and chief of global equity derivatives. |