December 2, 2008
The Chinese stock market is in the doldrums. Having tumbled 56 per cent in 9 months since October, it's fast losing its primary function as a source of funds to finance the growth of the corporate sector.
Market unsurprised by Yulia’s return
The PFTS, Ukraine’s largest stock trading platform, reacted with no surprise to Yulia Tymoshenko’s return to government as prime minister on Dec. 18. The PFTS Index grew by nearly 1 percentage point on the exchange, which has seen over $1 billion traded in the first nine months of the year.
French banks terminate Euronext shareholder pact
Four leading French banks and the state banking group Caisse des Depots (CDC) have decided to abolish their shareholder pact within the stock market operator Euronext ahead of schedule to recover their voting independence, they said.
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