December 2, 2008
Wheat Market Triggers Trading Limits
It has been a wild month in the wheat market amid a stampede of foreign buying and speculative investment, forcing the Chicago Board of Trade to play stop-and-go with traders to curb volatility.
Japan Stocks Rise; Nikkei Posts Biggest 3-Day Rally in 38 Years
Oct. 30 (Bloomberg) -- Japan stocks soared, sending the Nikkei 225 Stock Average to its sharpest three-day advance in at least 38 years, as a gain in commodity prices and a weaker yen boosted the profit prospects for resource companies and carmakers. Read more hereElusive forces drive Chinese stock boom
If there is a symbol of China's stock market boom, it is the novice retail investors who have rapidly developed a passion for equities. Brokerage offices that were almost empty a year ago are now packed with young and old would-be speculators. In recent weeks, the Chinese have been opening about 300,000 new stock trading accounts every day, taking the total number of accounts to more than 80m.
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