TOKYO — A former employee of Ernst & Young ShinNihon, the largest auditing firm in Japan, is under investigation by the government’s Securities and Exchange Surveillance Commission for alleged insider stock trading, Ernst & Young officials said Monday.
As Dow Plummets, A Trader Urges Calm
The Dow Jones industrial average has plummeted, closing below 10,000 points for the first time in four years. Ted Weisberg, a floor trader at the New York Stock Exchange, says much of stock trading is driven by human emotion and the decision-making process is being driven by fear and concern.
Japan's Topix Climbs; Consumer Lenders Jump on Goldman Upgrade
Nov. 6 (Bloomberg) -- Japanese stocks climbed for the first time in three days after Goldman, Sachs & Co. boosted its recommendations on consumer lenders Acom Co. and Takefuji Corp. Link to original articleFailed Bid Is Setback for Growth at Nasdaq
The Nasdaq Stock Market faces the task of rebuilding its foreign expansion strategy after the emphatic rejection this weekend of its second unwelcome bid to acquire the London Stock Exchange.
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