December 2, 2008
Rita's Slowing Heartens Investors
Stocks finish mostly higher as the hurricane loses strength. Treasury bond yields rise. The stock market managed to finish mostly higher Friday, capping off the week with some optimism amid hopes that Hurricane Rita's effect on Gulf Coast refineries wouldn't be as bad as initially feared.
Tokyo, Seoul bourses mull cross-border trading
TOKYO, Aug 31 (Reuters) - The Tokyo Stock Exchange (TSE), Asia's biggest, said it has agreed with South Korean bourse operator Korea Exchange (KRS) to work towards the cross-border trading of stocks as it aims to boost trading volume and raise its profile among global exchanges.
India's proposed investor curbs could have bite
MUMBAI (Reuters) - A plan by India to restrict an avenue that allows foreigners to invest anonymously in India's soaring stock market may prove effective at moderating the unwanted side-effects of an unprecedented inflow of capital.
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