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<title>Ghana Stock Exchange set to automate trading</title>
<link>http://www.proshareng.com/myproshare/portal_news.php?id=4629</link>
<description>The Accra-based bourse will use a $2m grant from the World Bank to build a computerised platform able to settle trades on the same day by September 2008, its General Manager Ekow Afedzie, has said in an interview on July 25.</description>
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<title>CAMAC, US firm, seeks listing on African exchange market</title>
<link>http://www.proshareng.com/myproshare/portal_news.php?id=4617</link>
<description>CAMAC, a United-States based Nigerian-owned company is being touted to become one of the first fully African-owned oil company to be publicly listed in an African stock exchange market, Empowered Newswire reported on Saturday.</description>
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<title>JSE: Bonds gain, stocks extend losing streak</title>
<link>http://www.proshareng.com/myproshare/portal_news.php?id=4483</link>
<description>The rand and government bonds added to recent gains on Friday but local stocks notched up a fourth straight day of losses, tracking global market sentiment.</description>
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<title>IPOs plunge by 50% as global slowdown curbs investor zeal</title>
<link>http://www.proshareng.com/myproshare/portal_news.php?id=4459</link>
<description>New York - Initial public offerings (IPOs) came to market in the first half of the year at the slowest pace since 2003, and few investors expect a rebound as economic growth tapers off and loan losses mount.</description>
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<title>Oil surges to new high - $141 a barrel</title>
<link>http://www.proshareng.com/myproshare/portal_news.php?id=4439</link>
<description>Oil hit yet another new high above $141 a barrel this morning, as shares continued to fall in Europe and Asia following last night\'s heavy losses on Wall Street.</description>
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<title>Global stocks slide into the red</title>
<link>http://www.proshareng.com/myproshare/portal_news.php?id=4437</link>
<description>Global markets have suffered heavy falls after a raft of bad news including a fresh record for the price of oil. Traders digested news that oil traded at more than $140 a barrel in New York and reacted to signs that the global credit crunch was far from o</description>
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<title>Oil hits $140 for the first time</title>
<link>http://www.proshareng.com/myproshare/portal_news.php?id=4430</link>
<description>Oil reached $140 a barrel for the first time ever Thursday following reports that Libya may cut production and an OPEC official said crude could hit $170 a barrel this summer.</description>
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<title>Barclays plans £4.5bn fundraising</title>
<link>http://www.proshareng.com/myproshare/portal_news.php?id=4419</link>
<description>Barclays has said it is planning to raise £4.5bn ($8.8bn) in a share issue to bolster its balance sheet. The firm is to sell shares to new investors, such as the Qatar Investment Authority, and existing shareholders including China Development Bank.</description>
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<title>Lehman posts $2.8-billion loss</title>
<link>http://www.proshareng.com/myproshare/portal_news.php?id=4373</link>
<description>NEW YORK — Investment bank Lehman Brothers Holdings Inc. posted a quarterly loss of $2.8-billion (U.S.) on Monday, matching its forecast, after recording massive trading and hedging losses.</description>
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<title>Insurer AIG ousts chief executive</title>
<link>http://www.proshareng.com/myproshare/portal_news.php?id=4370</link>
<description>American International Group (AIG), which has suffered record losses from the sub-prime crisis, has fired its chief executive Martin Sullivan.</description>
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<title>Barclays considers new share sale</title>
<link>http://www.proshareng.com/myproshare/portal_news.php?id=4369</link>
<description>Barclays has said it is considering selling shares to new and existing investors to raise cash.</description>
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<title>FSA cracks down on short selling</title>
<link>http://www.proshareng.com/myproshare/portal_news.php?id=4364</link>
<description>The United Kingdom’s financial watchdog, the FSA, has turned its attention to “short selling”, the stock trading technique blamed for an HBOS share price slump.</description>
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