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May 23, 2006

NYSE boosts Euronext bid to $10.2 bil

The New York Stock Exchange ratcheted up its fight to become the world’s first trans-Atlantic stock trading center Monday, making a $10.2 billion cash-and-stock bid for European exchange operator Euronext NV. Euronext called it the best offer on the table.

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Online trading clicks big with investors

MORE Indian investors are logging on to the Internet to put through their stock market trades. The number of investors registered for online stock trading has risen three-fold, to 13 lakh, over the past two years.

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Bank of America buys stake in China bank

JUN. 17 6:31 A.M. ET Bank of America signed an agreement Friday to buy a 9 percent stake in state-owned China Construction Bank for $3 billion, the largest single purchase of stock in a Chinese bank by a foreign financial institution.

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