Stock market gains propel luxury spending in China
Dai Yunping has never traveled very far from his home here. But next month, the baby-faced 27-year-old will indulge in a weeklong tour of Southeast Asia to the tune of $6,500. Upon his return, Dai plans to move out of his parents’ home and buy his own apartment in the old French Concession area.
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Sensex tumbles on Reliance Power's debut
MUMBAI: Equities remained under pressure with investors selling stocks across the board triggered by weak global cues and the dismal listing of ADAG's Reliance Power.
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Japan Stocks Slump Most in Two Months, Led by Banks, Insurance
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Content preview: May 21 (Bloomberg) -- Japan's stocks fell, set for the biggest
drop in two...
more...Philadelphia exchange considering sale or IPO
The Philadelphia Stock Exchange Thursday said it has hired Greenhill & Co. to help it find a buyer or arrange an initial public offering, formalizing a months-long effort by the exchange's owners to sell their stakes.
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