Fifty securities firms, including UBS and Lehman Brothers, will give up over 20 billion yen in profits gained from a trading error, donating the gains to a fund for strengthening Japan’s stock trading system, company officials said.
FATC lists on TSE; details DRAM backend capacity expansion plan
Following listing on the Taiwan Stock Exchange (TSE), Formosa Advanced Technologies Company (FATC), which has already guided an optimistic DRAM backend demand outlook, updated its expansion plan for the near term.
Ultratech down; VP exit spurs concern
NEW YORK - Ultratech Inc. stock fell Monday after the maker of chip.m.anufacturing equipment fired an executive, prompting concerns about the future of the company's laser business.
Mexico peso firms to 6-year high; stocks tumble
Mexico's peso firmed to a six-year high on Monday as lower oil prices eased fears about the global economic impact of high fuel costs and investors bet the country's central bank will further hike interest rates.
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