Oct. 22 (Bloomberg) — Bear Stearns Cos., reeling from mortgage-related losses, agreed to sell a stake to China’s Citic Securities Co. and invest $1 billion in the government-controlled company to gain a foothold in the world’s best-performing stock market.
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China shares retreat after higher opening
SHANGHAI, June 6 (Reuters) - China's main stock index opened higher but soon fell on Wednesday as many individual investors continued to dump shares after a hike in the stock trading tax last week.
Stocks little changed; oil, rate fears persist
U.S. stocks barely budged in light trading on Monday as concerns about higher oil prices and interest rates offset investor optimism spurred by a burst of merger and acquisition activity.
BenQ Executives Arrested in Taiwan
Just when BenQ Corp. thought the worst of its mobile phone woes were behind it, Taiwanese prosecutors raided its offices and hauled away three executives for questioning over alleged insider stock trading related to when it revealed losses incurred from BenQ Mobile GmbH & Co. OHG.
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