NY Stock Exchange, Nasdaq suspend trade
EW YORK: The New York Stock Exchange and Nasdaq will be closed completely Monday and possibly even Tuesday due to the imminent arrival of Hurricane Sandy, its operator said.
"In consultation with other exchanges and market participants, NYSE Euronext (NYX) will close its markets on Monday, October 29, 2012 and pending confirmation on Tuesday, October 30, 2012," the operator said in a statement.
Earlier, the NYSE planned to suspend only floor operations, but continue electronic trading.
"We support the consensus of the markets and the regulatory community that the dangerous conditions developing as a result of Hurricane Sandy will make it extremely difficult to ensure the safety of our people and communities, and safety must be our first priority," NYSE Euronext pointed out, after revising its earlier decision.
"We will work with the industry to determine the next steps in restoring trading as soon as the situation permits," it added.
The operator of the Nasdaq stock exchange issued a similar statement.
World's biggest economy and NY stocks exchange and Nasdaq suspended from trading .
Nothing much to do liao for the financial business centre ............
Mega US storm causes turbulence in global air travel
BERLIN: International air travel from Europe and Asia was hit Monday by flight cancellations as much of the United States' eastern region battened down for the threatened impact of Hurricane Sandy.
Even before the hurricane crashed ashore the US after barrelling across parts of the Caribbean with fatal consequences, it had already whipped up a maelstrom of disruption on land and in the air.
After thousands of flights were axed from eastern US hubs and bus and train services suspended, safety fears over the monster storm also caused disruption as far afield as Hong Kong and France.
Air France cancelled all flights to Washington and New York, a company spokeswoman said, adding the airline was "closely monitoring the situation" of what is being dubbed "Frankenstorm".
In Britain, holiday-makers bound for the US for this week's school holidays were left stranded after British Airways and Virgin Atlantic were among the airlines to scrap all connections the US east coast, including New York and Washington.
"We understand that customers may be disappointed. However their safety is our highest priority," British Airways, which cancelled around 20 return flights, said in a statement.
Elsewhere in Europe, cancellations also hit Amsterdam's Schiphol airport as well as Rome-Fiumicino, Frankfurt Airport, which is Germany's busiest hub, and Geneva and Zurich airports in Switzerland.
However Zurich airport seemed to have been spared "mass passenger layovers" as some cancellations had been announced the day before, press officer Jasmin Bodmer told AFP adding it was unclear if the disruption would go into Tuesday.
The European Organisation for the Safety of Air Navigation, Eurocontrol, said 300 of the usual around 500 flights between Europe and the US had been cancelled with more expected later Monday.
In Asia, Hong Kong flag carrier Cathay Pacific announced it was scrapping a total of eight direct flights between the southern Chinese city and New York on Monday and Tuesday.
"We are responding to the recommendation of the airport authority of the John F. Kennedy International Airport in cancelling our flights and it is possible that we may face further disruption," the airline said.
Air India said it had scrubbed both of its daily flights to the US.
"We are waiting for the US authorities to issue alerts once the weather changes and it is safe to fly," K. Swaminathan, Air India's corporate communications manager told AFP.
Flights from Japan were not immune either.
The flight information centre of Tokyo's Narita airport said one Japan Airlines flight to New York and one All Nippon Airways flight each to New York and Washington had been cancelled.
In the US, more than 7,400 flights out of east coast hubs were grounded while Amtrak suspended all bus and train services up and down the coast.
Subway services, buses and commuter trains were also shut down in New York, Philadelphia and Washington.
knn liao ..... Asia, Europe and USA flight most cancelled due to hurricane
Meaning AP will be slowed down ....
Lucky Tuesday i off .... but i wouldnt be spared on Wednesday .
F lar............ OBK also muz drive .................
OMG, another day.
This month I already Kena 3~4 OBK, Tonight again OBK.
Like that this month how to make 7000 Dollars .
No, No, No is 7000 Ringgit.
Dec Next mth obk time.. US company i working at ..plant going to shut down due to low production in SG for a week.. Force to take leave.. OBK time...
Tuesday obk?
i thought now is everyday obk except throw rental day...
6am to 7am... zero collection...
haiz...
Aiyo .... u guys better go Loyang Tua Pek Kong temple n take the flowers go home shower la ....
Surely after that will HUAT Liao
toto this thursday 3 million. quickly go and buy. last place kena toto is Tiong baru plaza NTUC outlet. Huat ahhhhhh.
No work? Stock market close?
Good mah...all will go clubbing and party tonight.
Just now back from CCK Stadum ....
Normally 3+ , will have most interview me .....
Some to AMK , some Toa Payoh , Some Jurong , mostly Jurong side took me .
Today first taxi i flag stopped swee swee no ask .
Originally posted by komade:F lar............ OBK also muz drive .................
knn... phone ring... disposal 6 hours from 6pm. OBK... not enough sleep... just came back from disposal... now have to go out again.... CHIAM.
Chain reactions lah members .
If AP no good .... those see situation no good , will run !!! to CBP
Then CBP sekali many taxis roaming .
Those see so many taxis , search for prospect at HDB area ..... this made HDB area even more taxis !
Run again ......... then chiong down town .
If 20,000 cabs all chiong town ... jiak lat .
Worst it's town financial centre all quiet .... taxi stand all long long Q of taxis , haiz.
i will not Q at T3 tonight for United Airlines from Washing DC and Chicago .
Crazy ....
Your this type is worth the OBK, ours is knn, here bo lang, there bo lang..drive until obk.
Maybe all American coming into asia, I think the rich ones will take a break at asia, especially singapore being their first destination, like this good mah.
Our airport is also the best transit airport in the world, so you still can expect people coming, in news, more and more million to billionaires are staying in Singapore, bought houses and live here, naturally, they will still move about around the region, we still can expect their relatives, friends and business associate to visit them or come here for holiday or to evade some natural diseaster in their own country.
Singapore provide one of the safest place for million to billionaires to live in.
Maybe all American coming into asia, I think the rich ones will take a break at asia, especially singapore being their first destination, like this good mah.
Our airport is also the best transit airport in the world, so you still can expect people coming, in news, more and more million to billionaires are staying in Singapore, bought houses and live here, naturally, they will still move about around the region, we still can expect their relatives, friends and business associate to visit them or come here for holiday or to evade some natural diseaster in their own country.
Singapore provide one of the safest place for million to billionaires to live in.
Originally posted by bowah:Your this type is worth the OBK, ours is knn, here bo lang, there bo lang..drive until obk.
Ok.... can meet for kopi later... i buy....
bro komade knows my walky number + mobiles.
Mai lah, if really bo lang on the road, I can still go chai si lang..
Originally posted by Just_do_it_lah:Ok.... can meet for kopi later... i buy....
bro komade knows my walky number + mobiles.
wa piang...
here bo lang dare to meet bowah...
Originally posted by Red5xx:wa piang...
here bo lang dare to meet bowah...
I asked....
he rejected.....