Emerging Markets Report: Russian stock markets remain on hold
Russia’s financial markets remain in flux Thursday as a halt in stock trading on the country’s major exchanges continues, according to published reports.
September 18, 2008
Investors could be left high and dry
Bankrupt Frontier Airlines' new financing package is good for the airline, but the math behind the deal suggests the company's unsecured creditors and stockholders will come out with little in the end.
Japan Daiwa Sec Jul-Sep Group Net Profit Y17.0 Billion Vs Y34.2 Billion
TOKYO -(Dow Jones)- Daiwa Securities Group Inc. (8601.TO) said Thursday its group net profit in the July-September quarter fell 50% from a year earlier, as stock trading profits shrank on the back of a weaker financial-market climate in Japan.
MANILA (Dow Jones)--A consultant for California Public Employees' Retirement System, or Calpers, is scheduled to arrive next month as part of the 2006 investment review of the largest pension fund in the U.S., the Philippine Daily Inquirer reports, citing Philippine Stock Exchange President Francis Lim. More...