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June 28, 2006

BOJ likely to limit execs’ financial deals before policy decisions

_ The Bank of Japan may introduce a rule to strictly restrict senior BOJ policymakers’ stock and bond trading ahead of policy decisions at its Policy Board, officials said Wednesday.

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Futures fall on credit worry as data eyed

Stock index futures indicated a lower market open on Friday after the latest fallout from the U.S. mortgage sector cropped up in Europe and before indicators that may shed light on the strength of consumer spending.

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Typing error rocks Tokyo stock trading

TOKYO - Japan's government rebuked the Tokyo Stock Exchange and one of the country's biggest brokerage firms Friday after a typing error caused Mizuho Securities Co. to lose at least 27billion yen ($225 million) on a stock trade.

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Citigroup to launch electronic trading network: report

Citigroup Inc. , the largest U.S. bank, plans to launch its own electronic stock-trading network that could potentially divert trading volume away from the New York Stock Exchange and Nasdaq Stock Market Inc., the Wall Street Journal reported on Wednesday.

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