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March 14, 2008

New govt to decide over CGT on stock trading: FBR Chairman

KARACHI: No decision is being made for the time being regarding imposition of Capital Gains Tax (CGT) on stock market and the new government will take a final decision in this connection.

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McDonald's Stock Trading at 4-Year High

McDonald's Corp. shares rose Monday to their highest point in four years after receiving an upgrade from Wall Street one day ahead of what investors hope will be a strong February same-store sales report from the fast-food behemoth.

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Stocks give up early gains; investors rattled by Freddie

Stocks pared their sharp gains Tuesday as investors grew more nervous about hefty losses at government-sponsored lender Freddie Mac (FRE) and increasingly cautious ahead of Federal Reserve's release of minutes from their last meeting.

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METI official accused of insider trading

Bid he obtained to pocket about 2.8 million yen through stock trading. It is the first time a fast-track bureaucrat

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