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March 5, 2010

Philippine stock trading extended by 1 hour

MANILA, March 5 (Reuters) - The Philippine Stock Exchange (PSE) has extended trading on Friday by an hour to 1 p.m. (0500 GMT) after the market open was delayed by server problems that affected data feeds and the electronic trading system.

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China’s revised tax forms target stocks, property

The Chinese tax administration has allayed fears the new format of next year's tax form for high-income earners with incomes of more than yuan120,000 (₤7891) a year signalled a new tax on stock trading gains.

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'V' Is for SEC In Eyes of Hedge Funds

No one in the hedge fund community would risk saying it publicly, but some hedge fund money managers are claiming the Securities and Exchange Commission is on a vendetta against the $1.2 trillion industry. In the past few weeks, the SEC has launched three stock trading investigations that until now have gone unreported. Also, the commission has increased its scrutiny of... more...

Schwab Boosts Dividend 13.6 Percent

Stock brokerage Charles Schwab Corp. on Thursday raised its quarterly dividend by 13.6 percent to 2.5 cents. The dividend is payable Nov. 23 to shareholders of record Nov. 9.

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