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...this week wound down, observers of both markets and wider economies seemed uncertain whether to applaud or cry. Following dismal sessions Wednesday and Thursday, activity on Asian indices Friday was mixed, with Toyko's Nikkei up 2.2% aside more modest gains in Singapore and China. Hong Kong's Hang Seng remained flat, however, while South Korea and Australia slightly slumped. Inspired by that trend - as well as Wall Street's rebound from early losses Thursday to finish 4.7% up - European markets began Friday higher with London's FTSE 100, Frankfurt's DAX, and Paris' CAC 40 all by more than...

Author: /time Magazine | Title: Global Markets: Is Volatile the New Normal? | 10/17/2008 | See Source »

...Thursday brought dreaded confirmation that markets look set to remain in tank mode until they find reason for taking heart anew. In addition to the 11.4% slump of Nikkei - its biggest single-day drop since the October, 1987 crash - trading Thursday elsewhere in Asia pushed Hong Kong's Hang Seng down 4.8%, South Korea's down 9.44%, and Singapore Straights Times Index down 5.5%. Europe faired no better, with London's FTSE 100 and Paris' CAC 40 indices reflecting mid-morning declines of nearing 2.5%, and Frankfurt's Dax off 1.3%. Market commentators warned that trading could see-saw throughout...

Author: /time Magazine | Title: Recession Fears Drive World Markets Starkly Downward | 10/16/2008 | See Source »

...casual exchanges with faculty can broaden kids' academic and social perspectives. As dean of the Commons, Frank Wcislo has films and forums in his living room, a.k.a. Wcislo's Salon. The 10 profs who live in the Commons' dorms host similar extracurriculars, and 55 others have agreed to come hang out with frosh. But amid all this bonding with authority figures, there's a risk that some students won't learn independence. "A very small percentage of students see me as a father figure, but I try to discourage that," says sociologist Tony Brown, who opens his dorm apartment...

Author: /time Magazine | Title: A Frosh New Start | 10/16/2008 | See Source »

Coleman: [Ike] had this reputation of being hands-off, that he wasn't interested in getting his hands dirty into policy, the standoffish meetings. And then once the papers come out in the '80s, you start to realize, Hang on--this guy knew what was going...

Author: /time Magazine | Title: What Kind of Temperament Is Best? | 10/16/2008 | See Source »

Stone is familiar with the complaints levied at Harvard a cappella singers. “It’s always, ‘Why are you talking about a cappella all the time, it takes over your whole life, I never see you, you only hang out with your a cappella group,’” she says. Stone mentions that these are the same objections one hears to varsity sports, except “it somehow seems less legitimate because you just bop your knees and sing ooh-wah-ooh?...

Author: By Jessica R. Henderson, CRIMSON STAFF WRITER | Title: La Famiglia A Capella | 10/16/2008 | See Source »

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