_ Taiwan President Chen Shui-bian’s son-in-law was detained by prosecutors Thursday on suspicion of involvement in an insider stock-trading scandal that has evolved into a political storm.
Merrill Lynch to cut jobs to prepare for recession
Merrill Lynch & Co., the biggest U.S. brokerage, plans to cut about 500 jobs in its trading division as it shrinks the workforce to gird for a recession.
NYSE to Merge With Archipelago, Be Public, For-Profit Company
U.S. April 20 (Bloomberg) -- The New York Stock Exchange, the world's largest stock market, agreed to merge with Archipelago Holdings Inc. and make the 212-year-old institution a public, for- profit company. Read more hereChina shares stall, volume modest after record hit
SHANGHAI, July 26 (Reuters) - China's stock market hit a record high on Thursday but came well off its peak by midday, as many investors remained wary of pushing prices up sharply because of concern about high valuations and government policy.
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