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November 24, 2006

Ministry eyes compromise on stock tax breaks

Fearing a sharp drop in stock prices, Finance Minister Koji Omi is toying with plans to ease the fallout from a planned December 2007 cut-off in a tax break for capital gains on stock sales.

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Chinese investors get taste of down market

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Asian Chip Stocks Advance on Memory Prices; Utilities Retreat

Jan. 6 (Bloomberg) -- Asian chipmaker shares gained after benchmark memory prices rose, while the region’s utilities fell on concern higher oil prices will increase costs. Read more here

Credit Suisse starts stock trading services

GLOBAL investment bank Credit Suisse First Boston (CSFB) starts stock trading services today, followed by global financial services firm Union Bank of Switzerland (UBS) tomorrow, after both received foreign stockbroking licences to operate in Malaysia.

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