Market Sense

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...

The Securities and Exchange Commission has taken action against alleged stock promoters and hackers thought to have broken into trading accounts. The SEC had suspended trading on Thursday in the securities of 35 companies, which were allegedly...

The U.S. stock prices today staged their biggest rebound since the major worldwide sell-off that began last week. The Dow Jones industrials jumped 157.18 points, or 1.3 percent, to close at 12,207.59, and broader market indexes also were up sharply...

Chinese shares have ended the week somewhat up, restricting a week of steep falls with instability still affecting global stock markets. Fortunately, the Chinese market rebounded and the New York market stabilized considerably after some...

The U.S. Securities and Exchange Commission has charged 14 defendants in a blatant insider trading scheme that gathered more than $15 million in illegal insider trading profits on thousands of trades. According to the reports the scheme was...

A still buoyant Wall Street closed moderately lower yesterday, having scratch its way back from an early-session nose-dive after positive manufacturing data dispelled fears of flagging US economy. The Dow Jones industrials average closed 34 points...