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March 4, 2008

Ex-Ernst & Young CPA investigated for insider trading

A former employee of Ernst & Young ShinNihon, Japan’s largest auditing firm, is under investigation by the Securities and Exchange Surveillance Commission for alleged insider stock trading, company Read more

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Nigeria: Saraki Commissions Ilorin Stock Exchange

Kwara state Governor, Dr. Bukola Saraki yesterday officially commissioned multi million naira Nigeria Stock Exchange (NSE), Ilorin branch with the state government disclosing that its is collaborating with some commercial banks in the state to provide N5billion loans to the teachers.

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Thain Failure to Rescue Merrill Shareholders Messes Mr. Fixit

Dec. 22 (Bloomberg) -- On John A. Thain ’s first day running Merrill Lynch & Co. last year, he pledged to live up to his reputation as “Mr. Fixit,” a nickname earned during his prior job rescuing the New York Stock Exchange. Read more here

Glitch keeps Tokyo market shut

TOKYO, Japan (Reuters) -- The Tokyo Stock Exchange, Asia's biggest bourse, said on Tuesday it is still unsure when it will be able to resume stock trading, which was suspended before the opening due to problems with trading systems. More...

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