The United States has failed to comply with a ruling that it illegally restricts Internet gambling sites based overseas, the World Trade Organization ruled. The WTO ruling has fueled the speculations of possible commercial sanctions unless...
Archive - March 2007
Ascending
Descending
Blackstone Group has finally to some extent lifted the curtain on its secretive investment partnership. In its filing with the U.S. Securities and Exchange Commission for its public share offering revealed that it earned more than $6 billion over...
CBOT Holdings Inc., the parent of the Chicago Board of Trade, has ended its silence that it was maintaining since last week saying its board had authorized talks with InterContinental Exchange, the Atlanta-based company that made a surprise bid for...
Mobile phone service provider Hutchison Telecommunications (Australia) Ltd has revealed that it is planning to raise about A$2.85 billion ($2.26 billion) in equity to pay debt and speed up its efforts to increase profitability. The company seeks to...
Intercontinental Exchange Inc., which handles 45 percent of global oil futures trading, surprised financial markets by making an unsolicited $10 billion bid for the Chicago Board of Trade to prevent a $25 billion purchase by Chicago Mercantile...
Bank of America Corp. has to pay $26 million to settle charges that its securities unit published fraudulent research reports on companies and failed to check leaks of reports that were used for improper trading, federal regulators said yesterday....
Marc Faber who predicted the U.S stock market crash of 1987 states that the Asian real estate market still offers a better investment option as compared to property stocks since the equity markets of the region is still vulnerable.
Marc Faber...
The US authorities have charged three Indian nationals for a highly structured pump-and-dump scam that used hijacked brokerage accounts to manipulate the prices of 14 securities including Sun Microsystems and Google. The men were charged in a...
The Securities and Exchange Commission has charged former Chief Executive Frank Dunn and three other former executives of Nortel Networks Corp. for engaging in an accounting fraud from which the telecommunications-equipment supplier has not...
Japan's current account surplus expanded more than projected in January as exports swelled considerably, boosting growth in the world's second-largest economy. The current account surplus grew 49.8 percent from a year earlier in January, the...
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