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March 23, 2007

State employee favored stock trading over regulation, audit finds

A state Department of Conservation employee has been placed on leave after an investigation revealed he owned stock in oil and gas companies he was supposed to be regulating, according to a state audit released Thursday.

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Goldman's '08 outlook, gains pierce shares

Goldman Sachs Group Inc. on Tuesday gave a cautious outlook for Wall Street in 2008 because of the ongoing credit crisis, even as the world's largest investment bank chalked up another record-breaking year. During the fiscal fourth quarter, Goldman's $3.17 billion profit was fueled by higher investment banking fees, one-time asset sales and surprisingly strong debt trading results. Though

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Indonesia Halts Stock Trading After 10 Percent Plunge

Oct. 8 (Bloomberg) -- Indonesia's stock exchange halted share-market trading for the first time in eight years after a 10 percent plunge in the benchmark index. Link to original article

Unicom Dn 0.7%;Revamp Premium Unjustified-KE

1533 [Dow Jones] STOCK CALL: China Unicom (0762.HK) off intraday peak of HK$7.10, now down 0.7% at HK$6.98, with volume tepid at HK$37.5 million.

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