UPDATE: China To Raise Stock-Trading Stamp Duty Wed
(Updates with market reactions and comments from analysts.)
May 30, 2007
China shares down 5.7 pct as panic mounts
SHANGHAI, June 5 (Reuters) - China's main stock index plunged 5.66 percent on Tuesday morning, bringing its losses since a hike in the stock trading tax last week to 20 percent.
Bear Stearns Net Rises to Record; Bond Revenue Drops
Sept. 15 (Bloomberg) -- Bear Stearns Cos. today reported record third-quarter profit, led by stock trading and securities underwriting. The shares fell as revenue from selling bonds, the company's biggest business, declined. More...SEC Chairman Comments on Exchange Mergers
The big mergers planned by the New York Stock Exchange and the Nasdaq Stock Market will give them dominance in stock trading but likely will not hurt competition, the government's top securities regulator said Thursday.
