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August 14, 2008

Vietnam Widens Daily Stock Trading Band To 5% From 3% Monday

HANOI -(Dow Jones)- Vietnam’s State Securities Commission has decided to widen the daily trading band for share prices on the Ho Chi Minh bourse to plus or minus 5% from 3% effective Monday, in an effort to boost liquidity in the stock market, a SSC official said Thursday.

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Tech optimism lifts indices

U.S. stocks rose on Wednesday as investors bet that technology shares would lead gains this year, led by a rally in shares of Apple Inc., and as Alcoa Inc.'s stronger-than-expected profit lifted optimism about fourth-quarter earnings.

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Indonesia to Cut Reserve Ratio, Resume Stock Trading

Oct. 9 (Bloomberg) -- Indonesia will allow banks to set aside smaller reserves, ease accounting rules and encourage companies to buy back shares to bolster the economy and restore confidence after the worst stock-market slump in two decades. More...

Eagle Broadband Announces that California Court has Ordered Lawsuit to Proceed Against Internet Posters

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