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June 5, 2007

China stocks rebound in wild fluctuation

Chinese stocks rebounded in wild fluctuations on Tuesday, erasing part of the losses incurred since the hike of the stamp tax on stock trading.

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China Lets Brokers Manage Individual Assets 1st Time

Jan. 29 (Bloomberg) -- China's brokerages will be allowed to manage assets for individual clients for the first time as securities companies aim to be less reliant on trading income in a stock market that dropped by a fifth from its October record. Link to original article

Reports: Nasdaq to buy exchange

NEW YORK - The Nasdaq Stock Market Inc. has agreed to buy the Philadelphia Stock Exchange for about $650 million, moving it into the fast-growing US options market, people familiar with the matter said yesterday.

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Nothing But Treble

As for Tweeter, with its stock trading at a quarter of where it was three years ago, perhaps it was time for a change

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