HONG KONG (XFN-ASIA) - Shares across the Asia-Pacific region closed mostly lower after a sharp fall on Wall Street overnight, although China A-shares rose after the government scotched rumors of a capital gains tax on stock trading profits, dealers said.
Daiwa Securities Posts Highest Profit in Four Years
April 27 (Bloomberg) -- Daiwa Securities Group Inc., Japan's second-largest brokerage, said quarterly earnings rose to a four- year high after it boosted trading profit by helping Fuji Television Network Inc. fund a takeover bid for an affiliate. Click here for more infoEx-Biogen counsel agrees to SEC settlement
Biogen Idec Inc.'s former general counsel reportedly will pay $3 million to settle an investigation into allegations leveled by the Securities and Exchange Commission concerning insider stock trading.
Gold, bonds rise on Bhutto killing, stocks fall
Gold and government bond prices rose and U.S. stocks slid on Thursday as fears of regional instability following the assassination of Pakistani opposition leader Benazir Bhutto triggered demand for safe-haven assets.
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