US Senate backs new bail-out bill

Asian shares rise on US deal hope
Asians shares post strong gains after the news US senators will vote later on Wednesday on a revamped financial rescue plan.

US failure hits European shares
European shares are up and down in volatile trading after the US financial rescue plan was rejected by lawmakers.

US pledges financial rescue plan
US officials say they will hammer out a "comprehensive" plan to try to ease what has become a global financial crisis.

US pledges financial rescue plan
US officials say they will hammer out a "comprehensive" plan to tackle what has become a global financial crisis.

US Senate approves housing bill
The US Senate passes a rescue bill designed to prop up America's battered housing market.