The US dollar bounced on an overnight rout in the Dow Jones Industrial Average and S&P 500, but an incredible reversal in the Dow actually left the dollar lower through late New York currency trading. The Dow seemed headed for another sharply negative stock trading session, with Dow futures down as much as 300 points in pre-open trade. Yet a later reversal provided much-needed relief to
Trading on ATN shares suspended
MANILA, Philippines—The Philippine Stock Exchange (PSE) has suspended trading on shares of ATN Holdings Inc. for a month starting Oct. 7 in view of undisclosed stock trading deals by three of the company’s directors from Jan. 7 to June 30 in what may be insider trading.
ANZ Bank Ltd has agreed to acquire a 10 per cent stake in Vietnam-based Saigon Securities Incorporation for $US88 million ($102 million). Saigon Securities, an investment bank established in 2000, is listed on the Hanoi Stock Trading Centre.
Stocks rebounded on Tuesday on higher-than-expected profit at Wal-Mart Stores Inc , a drop in oil prices below $92 and sharp gains by tech bellwether Apple Inc .
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