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July 16, 2007

Oracle may pick up 7% stake in Empower

Mumbai, July 15Software multinational Oracle Corporation is understood to be in talks for picking up a 7 per cent stake in Empower Industries, which is developing software for mobile stock trading.

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Bombay Exchange May Scrap Nasdaq OMX Trading System

Oct. 1 (Bloomberg) -- The Bombay Stock Exchange Ltd., Asia's oldest bourse, may cancel plans to develop a new trading platform with Nasdaq OMX Group Inc., hampering efforts to narrow the gap with larger rival National Stock Exchange Ltd. Link to original article

◆ TSE halts all stock trading due to soaring orders

Tokyo Stock Exchange President Taizo Nishimuro tells an urgently convened news conference The Tokyo Stock Exchange suspended trading in all listed shares at 2:40 p.m. Wednesday for the rest of the day as soaring orders from investors have reached its computer system's processing capacity.

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Japan stocks seen moving little, output data awaited

TOKYO, May 30 (Reuters) - Japanese stocks are expected to move little on Tuesday, with the market lacking new trading factors following holidays in the United States and Britain.

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