Reuters
Judge says Enron's Skilling can seek new trial
HOUSTON (Reuters) - Former Enron Corp Chief Executive Jeffrey Skilling is reviving his quest for a new trial based on evidence his legal team received from prosecutors long after he was convicted of 19 counts of conspiracy, securities fraud, insider trading and lying to auditors.
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The Nation
KSE drifts lower
KARACHI - Karachi Stock Market closed lower as investors remained cautious ahead of federal budget announcements due next week.
At Karachi stock market benchmark KSE-100 share index shed 11.86 points or 0.09 percent to finish the day at 13,925.06 points as compared to the 13,936.92 points of the previous day.
Equity dealer at Topline Securities Samar Iqbal said market failed to close above ...
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APA-OTS
EANS-Voting Rights: CompuGroup Medical AG / Release according to article 26, section 1 WpHG (Securities Trading Act) with the aim of Europe-wide distribution
--------------------------------------------------------------------------------
Notification of voting rights transmitted by euro adhoc. The issuer is
responsible for the content of this …
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ElPais
Trading suspended in Bankia ahead of capital needs announcement
Spain's fourth-largest bank is expected to ask for additional 15 billion euros in state aid
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WSJ
Wells Hands Over Mortgage Records
Wells Fargo has handed over hundreds of emails and other documents to the SEC related to its mortgage-backed securities business after being taken to court.
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AllThingsDigital
With Stock Close to an All-Time High, AOL Tells Activist Shareholder to Go to -- Well -- You Know, Via Pretty Slides
Actually, it's "Go to H-E-double-toothpicks."
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politico
Whistleblowers wanted for mortgage fraud probe
President Obama's task forcing probing mortgage fraud is offering "substantial financial help" to whistleblowers who help them find the bad guys.
"We are particularly interested in information from corporate insiders – that is, people who worked with RMBS [Residential Mortgage-Backed Securities] in the financial industry and witnessed the misconduct," says a new website announced Thursday by th...
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TechCrunch
Crowdfunder Closes $400K Seed Round, Launches Public Beta
Crowdfunder, the Los Angeles-based startup creating an online platform for the "crowdfunding" of startups and small businesses, has launched the first public beta version of its site this week. The launch comes on the heels of Crowdfunder closing on $400,000 in seed funding from a group of angel investors earlier this month, CEO Chance Barnett tells me.
But: Since the crowdfunding portion of t...
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Reuters
UPDATE 1-CVC to further cut Formula One stake after IPO -sources
* Formula One to offer stapled securities with 4-4.5 pct
yield-sources
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Barrons
Facebook: Knight Capital Suffered $30-$35M Loss on IPO
Knight Capital Group (KCG) this afternoon reported in an 8K filing with the Securities & Exchange Commission that the fall in Facebook‘s (FB) stock price since its IPO last Friday has cost the firm from $30 million to $35 million. On May 18, 2012, Facebook, Inc. (“Facebook”) launched an initial public offering through The NASDAQ [...]
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National Post
Facebook, Zuckerberg sued by furious investors for 'hiding weak forecasts' before IPO
Market mayhem! Morgan Stanley, the lead underwriter, is subpoenaed, U.S. securities watchdogs are probing the offering, and a buyer of Facebook stock is suing Nasdaq over glitches in opening-day trading
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Mashable
Massachusetts Subpoenas Morgan Stanley Over Facebook IPO
The finger-pointing over Facebook’s disappointing IPO continued Tuesday night as Massachusetts Secretary of Commonwealth William Galvin su…
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Huffington Post
Dan Solin: Barton Biggs is 'Evolving'
Mr. Biggs has been "big" in the world of securities prognosticators for many years. He was the formerly the head strategist at Morgan Stanley where he was reportedly responsible for the formation of its investment management business.
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China Daily
Property curbs 'set to ease'
China will loosen property policies by the end of the year, Jiong Shao, head of China strategy at Macquarie Securities Ltd in Hong Kong, said.
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China Daily
Securities rules issued by top court
China's top court released new guidelines for judges trying criminal cases that involve insider trading and leaks of secret economic data.
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Times of India
We have info on participatory notes holders: Sebi
A day after the government cited participatory notes (PNs) and market manipulation as one of the sources for generation of black money, the Securities & Exchange Board of India (Sebi) has said that it has records for the past several months on the instrument but the finance ministry has not bothered to check these details.
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The Guardian
Facebook IPO: banks investigated for allegedly keeping negative news secret
Morgan Stanley, JP Morgan and Goldman Sachs are said to have shared with big investors while keeping public in the darkFinancial regulators are to investigate whether the banks in charge of Facebook's initial stock offering broke the rules by selectively releasing negative news about the company before shares went on sale.The financial industry regulatory authority (Finra) is looking into alleg...
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Reuters
Facebook drops again as SEC calls for review
(Reuters) - Facebook's shares fell again on Tuesday as questions mounted over the company's long-term prospects and the top U.S. securities regulator called for a review of the problems surrounding its initial public offering last week.
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Les Echos
La SEC veut un examen de l'entrée en Bourse de Facebook
[[401621]] La Securities and Exchange Commission (SEC), le gendarme américain des marchés financiers, a déclaré mardi que les problèmes entourant l'entrée en Bourse de Facebook devaient être examinés, tout en disant qu'ils ne devaient pas ébranler la confiance des investisseurs à l'égard des...
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Reuters
SEC head says Facebook IPO issues should be reviewed
WASHINGTON (Reuters) - The top securities regulator said on Tuesday that the problems surrounding Facebook's initial public offering should be reviewed, but those issues should not shake investor confidence in the markets.
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Los Angeles Times
Irvine lawyer sentenced in $20-million investment fraud
An Irvine securities lawyer who authorities said teamed with an insurance agent to bilk scores of investors out of more than $20 million has been sentenced to seven years in federal prison.
Jeanne Rowzee, 53, and 65-year-old James Halstead, who already is in prison, solicited tens of millions of dollars from individual investors who ran the gamut from wealthy developers to retirees on fixed inc...
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Times of India
RBI to infuse Rs 12, 000 crore into market this week
The RBI will pump in Rs 12,000 crore in the market later this week by buying government securities. The RBI had last week pumped in Rs 11,128 crore in the system.
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THE AUSTRALIAN
ASX plan to ease standards slammed
THE Financial Services Council has refused to support an Australian Securities Exchange proposal to change capital raising rules.
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THE GLOBE AND MAIL
Keep closer eye on financial risks, C.D. Howe urges
Report calls for committee with formal legislative power to monitor systemic risk in securities markets
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Huffington Post
Gupta Trial: Goldman Sachs Plays Big Role As Insider Trading Trial Begins
Goldman Sachs haunts the insider trading case against one of the Wall Street bank's former directors, Rajat K. Gupta. As Gupta's federal fraud trial opened to a packed New York courtroom Monday, his defense attorneys invoked Goldman almost immediately, arguing that others at that firm were responsible for feeding former hedge fund manager Raj Rajaratnam secrets that he illegally used for tradin...
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APA-OTS
Mitsubishi UFJ Securities Holdings ernennt Trent Hagland zum Präsidenten und CEO von MUSHK und Hideki Suruga zum Hauptgeschäftsführer und Vorstandsvorsitzenden von MUSSPR
Tokyo (ots/PRNewswire) -
Mitsubishi UFJ Securities Holdings Co., Ltd. (MUSHD) gab in Tokyo
bekannt, dass Trent Hagland - derzeit Leiter der Abteilung
Kredithandel und Verkauf bei Mitsubishi UFJ Securities International
(MUSI) - der neue Präsident und Chief Executive Officer von …
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The New Yorker
James Surowiecki: Facebook’s I.P.O. and dual-class share structures.
A couple of weeks ago, when Mark Zuckerberg wore his trademark hoodie to meetings with potential investors in Facebook’s I.P.O., not everyone was impressed. Michael Pachter, an analyst at Wedbush Securities, said that it was a “mark of immaturity” and Zuckerberg’s way of . . .
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FT
SEC move set to boost covered bonds in US
The US regulator is to allow Royal Bank of Canada to sell covered bonds into the US market as a normal public offering of securities
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Nikkei
Japan Official To Head Int'l Securities Regulator's New Board |
Washington Post
Securities and Exchange Commission faces heat from Democrats over settlements
The Securities and Exchange Commission, which polices corporations, can usually count on support from Democrats and a rougher reception from Republicans. But, on Thursday, the agency found an issue on which its traditional friends are its critics and its traditional critics are its friends.
Read full article >>
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White House
Message to the Senate from the President Regarding the Convention on the Law Applicable to Certain Rights in Respect of Securities Held with an Intermediary
Attached is a message from the President to the Senate regarding the Convention on the Law Applicable to Certain Rights in Respect of Securities Held with an Intermediary.
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Times LIVE
Oxfam sues over oil, mining payments to governments
Oxfam America is suing the US Securities and Exchange Commission to try to get the SEC to force oil, gas and mining companies to disclose how much they pay to foreign governments.
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Slashdot
Facebook Adds 96 Million Shares, Will Privacy Get Worse After IPO?
AlistairCharlton writes "Facebook has made yet another amendment to its S-1 filing, adding a further 96 million shares, pushing its initial public offering up to a potential maximum of $18.4bn (£11.5bn). In what is the eighth amendment to its S-1 filing with the Securities and Exchange Commission, Facebook has also increased the number of shares allowed for over allotment, up from 50.6 million ...
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Telegraph
Eurozone debt crisis hurting demand for London offices, says Land Securities
Land Securities says Europe 'weighs heavily' on business confidence.
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Irish Times
FBI opens investigation into JPMorgan losses
The FBI has opened an investigation into trading losses at JPMorgan Chase, stepping up pressure on the bank after the US Securities and Exchange Commission (SEC) and the Federal Reserve said they were also looking into the wrong-way bets that led to the losses.
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Les Echos
Enquête du FBI sur JPMorgan, l'AG soutient le PDG
[[398455]] Le Federal Bureau of Investigation (FBI) a ouvert une enquête sur la perte de trading subie JPMorgan Chase, accentuant la pression subie par la banque américaine, également dans l'oeil du viseur de la Securities & Exchange Commission (SEC) et de la Réserve fédérale. Dans le même temps,...Articles en rapportWendel boucle le rééchelonnement de la dette de MaterisLe FBI ouvre une en...
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Hindustan Times
Facebook hikes IPO range, valuation may cross $100 bn
Facebook has raised the price range in Silicon Valley's biggest-ever public issue to between $34 and $38 per share in view of strong demand. The company announced this in a filing with the US Securities and Exchange Commission on Tuesday.
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siliconindia
RBI to Pump in Rs.12,000 crore
The Reserve Bank of India (RBI) on announced it will pump in Rs. 12,000 crore in the market later in the week by buying government securities to ease the liquidity situation.
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The Nation
SBP invites applications for PIBs, TBs
KARACHI - The State Bank of Pakistan (SBP) has invited applications from interested financial institutions for appointment as Primary Dealers (PDs) of Government Securities i.e. Pakistan Investment Bonds (PIBs) and Market Treasury Bills (TBs) for the year 2012-13.Applications, addressed to the Director, Domestic Markets & Monetary Management Department, must reach the State Bank of Pakistan...
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The Nation
SBP invites applications for PIBs, TBs
KARACHI - The State Bank of Pakistan (SBP) has invited applications from interested financial institutions for appointment as Primary Dealers (PDs) of Government Securities i.e. Pakistan Investment Bonds (PIBs) and Market Treasury Bills (TBs) for the year 2012-13.Applications, addressed to the Director, Domestic Markets & Monetary Management Department, must reach the State Bank of Pakistan...
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The Nation
SBP invites applications for PIBs, TBs
KARACHI - The State Bank of Pakistan (SBP) has invited applications from interested financial institutions for appointment as Primary Dealers (PDs) of Government Securities i.e. Pakistan Investment Bonds (PIBs) and Market Treasury Bills (TBs) for the year 2012-13.Applications, addressed to the Director, Domestic Markets & Monetary Management Department, must reach the State Bank of Pakistan...
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USA Today
JPMorgan's $2B mistake aids those seeking stronger rules
JPMorgan's botched trade provides ammunition to pro-regulation Democratic lawmakers, economists, securities lawyers and money managers.
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Washington Post
Editorial Board: Mutual assurance
IN THE WORLD of finance, money market mutual funds are about as safe and boring as it gets. They invest customers’ money in a diversified portfolio of short-term, highly liquid securities and, in return, provide a modest rate of interest along with bank-like services and access to cash. No problem. Or so it seemed until the financial crisis of 2008 caused a run on money market funds — a sudde...
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Reuters
Avon cooperating with SEC in stock trading probe
May 11 (Reuters) - Cosmetics company Avon Products Inc
is cooperating with the Securities and Exchange
Commission, which was reported on Friday to be looking into
trading activity before fragrance...
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New York Times
DealBook: S.E.C. Opens Investigation Into JPMorgan's $2 Billion Loss
The Securities and Exchange Commission recently opened a preliminary investigation into JPMorgan's accounting practices and public disclosures about the trades.
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AP
SEC chief says regulators "focused" on JPMorgan
WASHINGTON (AP) -- The head of the Securities and Exchange Commission says the agency is focused on a surprise $2 billion trading loss by JPMorgan Chase....
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New York Times
S.E.C. Investigates Accounting of Deloitte Client in Shanghai
The Securities and Exchange Commission also filed an administrative action against Deloitte of Shanghai for refusing to provide audit work papers related to the client.
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New York Times
National Briefing | Midwest: Michigan: Ex-Mayor Is Accused in Scheme Involving Pension Fund
Federal securities regulators charged a former Detroit mayor and treasurer, along with the city’s public pension investment adviser, with devising a secret exchange of “lavish gifts” to influence the pension fund’s investments.
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WSJ
Schumer to SEC: Fix 'Maker-Taker' Fees
A lawmaker is urging the Securities and Exchange Commission to alter a payment system that has transformed the U.S. stock market in the past decade and cost some investors billions of dollars a year.
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WSJ
Hong Kong Investment Bankers Feel the Squeeze
It's remarkable what the prospect of a little jail time can do. In Hong Kong, tough new rules proposed by the city's securities regulator have normally fierce banking rivals pulling together behind closed doors to discuss lobbying efforts.
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THE GLOBE AND MAIL
Regulator warns investors to stay off Craigslist
B.C. Securities Commission alleges Vancouver man offered a double-your-money, totally secure, investment on popular ad site
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perez hilton
Facebook Stock Starts Between $28 And $35 Per Share
Want to own a piece of Facebook?
When the company goes public on May 18th, one share will cost you somewhere between $28 and $35.
We don't see the social network going away anytime soon, so it might not be a bad investment. However, analysts are predicting that the price of stock will only [...]
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Los Angeles Times
CBS outlines post-CEO production deal with Leslie Moonves
CBS and Moonves this week signed an agreement that sketches out Moonves' tentative producer agreement, according to a filing Friday with the Securities and Exchange Commission.
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Daily Mail
'Bad boy' of Wall Street sentenced to 12 years over $140M investment scam
Ross Mandell was sentenced following his conviction last summer on conspiracy and securities fraud charges in defrauding U.S. and European investors of $140 million, though escaping arguments for a life sentence.
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Fortune
Chesapeake faces SEC probe
Chesapeake Energy, which along with its embattled CEO Aubrey McClendon has been in the spotlight for a controversial compensation program, said Thursday that it was facing an investigation from the Securities and Exchange Commission.
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New York Times
Pfizer Settles B.Y.U. Lawsuit Over Development of Celebrex
Pfizer said in a regulatory filing with the Securities and Exchange Commission that it was taking a $450 million charge against first-quarter earnings to settle the case.
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Daily Mail
DAN ATKINSON: Bank takes from poor to help the rich
QE represents a huge transfer of wealth from the poor to the rich. The QE scheme involves the conjuring into existence of hundreds of billions of pounds, which are then used to buy securities from private owners other than banks.
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Elliotsblog
What Was The Deal With NQ.com?
I read a couple of SEC filings from publicly traded NetQin Mobile, Inc. that discusses the domain name NQ.com, although some of the language is a bit confusing to me and I don’t know the exact value of the deal or what type of transaction occurred. The company that reported the transaction, NetQin Mobile, trades on [...]
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Le Point
Wells Fargo rachète Merlin Securities, montant non divulgué
La banque américaine Wells Fargo a annoncé vendredi que sa filiale Wells...
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BBC
VIDEO: All eyes on Haitong listing
The first day of trading in Hong Kong of shares in China's second largest securities brokerage, Haitong, is being watched closely.
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New York Times
S.E.C. Asks if Hollywood Paid Bribes in China
The inquiry by the Securities and Exchange Commission is focused on at least three studios and creates a potential roadblock for the industry’s plans to expand in one of the world’s largest markets.
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Barrons
Janney Capital Takes a Mall Tour
The securities firm browses the racks at American Eagle, Abercrombie & Fitch, Gap, Hot Topic and other retailers.
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Los Angeles Times
Women sentenced in Disneyland milk sale fraud
Between June 2008 and August 2010, the two women, along with ringleader Eva Perez, 52, told victims they were investing in a contract with the Alta Dena Dairy to sell milk exclusively to Disneyland. More than 30 people invested between $2,000 to $100,000, and victims were promised “extraordinary” rates of return, according to the office.
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Wired
Stock-Picking Robot 'Marl' Is a Fraud, SEC Says
A pair of British twin brothers have swindled "unwitting investors" in the U.S. out of more than $1.2 million by promising riches via their stock-picking robot named "Marl," according to the Securities and Exchange Commission.
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BBC
Hong Kong fines IPO sponsor firm
Hong Kong's securities regulator fines a brokerage firm and revokes its corporate finance licence for failing to carry out its duties.
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WSJ
La china Haitong recaudó US$1.680 millones en la mayor salida a bolsa del mundo este año
Haitong Securities Co., segunda mayor corredora de China, recaudó US$1.680 millones en una oferta pública inicial de acciones en Hong Kong luego de fijar el valor de sus títulos en el extremo inferior del rango de precio indicativo, señalaron el viernes fuentes al tanto.
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Barrons
Apollo Tumbles On SEC Insider Trading Probe
Shares of Apollo (APOL), the nation’s largest for-profit educator were falling 1.7% in recent trading, on news that the Securities and Exchange Commission is investigating insider trading at the company. As Reuters is reporting, Apollo disclosed today that the SEC contacted the company seeking information about stock sales and a Feb. 28 regulatory filing. That filing, [...]
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chinatechnews
China's Youku.com Acquires Trade Lead For CNY112.9 Million
According to a 20-F form recently submitted to the U.S. Securities and Exchange commission by the Chinese video website Youku.com, the company has completed the acquisition of a 95% stake in the overseas copyright service provider Trade Lead for CNY112.9 million. Meanwhile, Youku.com gained the holding rights to Zhejiang Dongyang Tianshi Cultural Broadcasting Company via [...]
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FT
Haitong Securities: second time lucky?
China’s second-biggest brokerage by assets is preparing to price its Hong Kong shares on Friday after falling victim to market turmoil last year
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The Jerusalem Post
Israel Securities Authority to assess peers
ISA to evaluate performance of financial regulators from around the world.
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BBC
Burma to get new stock exchange
Burma is to get a new stock exchange, after the Tokyo Stock Exchange and Daiwa Securities Group agree a deal to set one up by 2015.
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Irish Times
NTMA 'ready' to return to markets
The National Treasury Management Agency has said it's "ready" to issue so-called annuity bonds, new securities aimed at domestic pension funds, in what would represent a return to credit markets after the 2010 EU-IMF bailout.
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NEWS.au.com
More agony at the bowser likely
MOTORISTS can expect more agony at the petrol bowser as the overseas benchmark price strikes a four-year high and the protection of a high dollar fades, Commonwealth Securities said.
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WSJ
Sino-Forest Gets Ontario Enforcement Notice
Chinese timber company Sino-Forest said it has received an "enforcement notice" from staff of the Ontario Securities Commission containing "allegations of a serious nature" and raising company-conduct issues.
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Mail & Guardian
Row over new securities tax
Analysts have claimed that billions are at stake and the derivatives market could be destroyed because of the new securities tax touted by government.
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Reuters
Telenor raises stakes in Vimpelcom
OSLO (Reuters) - Norwegian telecom firm Telenor has further raised its stake in Vimpelcom following a $715-million deal with JP Morgan Securities announced on Wednesday, giving it even more of a...
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news.com.au
New register makes life easier for business
THE Australian Securities and Investment Commission has announced a new streamlined name registration service for businesses, removing red tape from existing requirements across federal and state and territory jurisdictions.
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Reuters
Bank of NY Mellon must face lawsuit on Countrywide
(Reuters) - A federal judge rejected Bank of New York Mellon Corp's bid to dismiss a lawsuit by investors over its role as trustee for mortgage-backed securities that led to an $8.5 billion settlement by Bank of America Corp.
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lesoir
Le gendarme américain de la bourse place Groupon sous la loupe
Le gendarme américain de la bourse SEC (Securities and Exchange Commission) examine la révision par le site de bons de réduction Groupon des résultats du groupe la semaine derni...lire la suite
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lesoir
08:36 Le gendarme américain de la bourse place Groupon sous la loupe
Le gendarme américain de la bourse SEC (Securities and Exchange Commission) examine la révision par le site de bons de réduction Groupon des résultats du groupe la semaine derni...lire la suitehistoires liées07:05 Russie: 12 morts dans l’incendie d’un marché à Moscou07:42 14 kilomètres de file sur l’E19 vers Bruxelles à la suite de travaux08:17 L’Europe suspend la garantie du gouvernement aux c...
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Heise
US-Börsenaufsicht nimmt sich Groupon vor
Die Securities and Exchange Commission interessiert sich laut "Wall Street Journal" für die Bilanzierungsgepflogenheiten des Schnäppchenportals.
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TheDomains
Facebook Closes It Pre-IPO market at $44.10 A Share or $110 Billion Valuation
This week Facebook told the secondary market traders that they need to stop trading securities in Facebook.com in the run up to its May IPO
Today Sharespost.com just closed it last offering of Facebook shares and the selling price was $44.10 a share
At $44 a share the market cap of Facebook is around $110 Billion dollars which is I think more than the market cap expected by Facebook itself who ...
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THE GLOBE AND MAIL
Flaherty not giving up on national securities regulator
Federal budget indicates government is now consulting with provinces, territories about alternatives
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New York Times
Insider Trading Ban for Lawmakers Clears Congress
The Senate approved a bill prohibiting members of Congress from trading securities on the basis of confidential information they receive as lawmakers.
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BnAmericas
Banca - Regional - "Oportunidad real" para que empresas accedan a mercados de capitales de EEUU, según Dawson James Securities
Existe actualmente una oportunidad real para que las empresas de los mercados latinoamericanos en crecimiento, en especial Colombia y Brasil, puedan acceder a los mercados de capitales estadounidenses...
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MarketWatch
MarketWatch First Take: To avoid rules, Deutsche goes risk-on
The German bank is taking on risk by changing the legal structure of its subsidiary that plays in the securities markets. The upshot seems to be taxpayers won’t be on the hook, but who will?
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BnAmericas
Banking - Regional - "Real opportunity" for companies to gain access to US capital markets - Dawson James Securities
There is a real opportunity today for companies in Latin American growth markets, particularly Colombia and Brazil, to gain access to US capital markets, managing partner of investment banking at Daws...
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Fortune
Did Apple's cash finally burn a hole in its pocket?
We'll find out Monday, one half hour before the market opens
Tim Cook has scheduled a conference call for 9 a.m. EDT Monday to answer the question Wall Street has been asking -- repeatedly, and with increasing insistence -- for years: What does the company plan to do with its enormous stockpile of cash and marketable securities, worth just under $100 billion as of the last quarterly report.
Mr...
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BoingBoing
Former NYT CEO paid $23.7M exit package; company netted $3M over the past 4 years
Outgoing New York Times CEO Janet Robinson received an exit package worth $23.7 million after presiding over an eight year tenure that saw the company's share price fall by 80 percent. The company's net earnings over the past four years were $3 million. In addition to her exit package, Robinson earned a $1 million annual [...]
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Irish Times
Department defends new head after Sinn Féin attack
THE DEPARTMENT of Finance has rejected suggestions from Sinn Féin’s Pearse Doherty that its new secretary general, John Moran, was associated with improper trading practices that led to a censure from the US Securities and Exchange Commission (SEC).
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China Daily
It's time to clean up the stock 'casino'
The most encouraging remark about China's stock market I have heard recently came from Guo Shuqing, chairman of the China Securities Regulatory Commission.
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New York Times
Letter: New Bank Regulations
A securities industry group criticizes an editorial about financial reform.
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Daily Mail
Allen Stanford faces life behind bars after he's found guilty of $7bn Ponzi scheme
Stanford was found guilty on 13 counts of a 14-count criminal indictment, including fraud, conspiracy and obstructing an investigation by the U.S. Securities and Exchange Commission.
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Daily Mail
Disgraced financier Allen Stanford faces life behind bars after he is found guilty of $7billion Ponzi scheme
Stanford was found guilty on 13 counts of a 14-count criminal indictment, including fraud, conspiracy and obstructing an investigation by the U.S. Securities and Exchange Commission.
|
omg
Disney defends Iger role, pay
LOS ANGELES (Reuters) - Walt Disney Co defended its executive structure and pay on Thursday after the company said a shareholder governance group objected to Chief Executive Officer Bob Iger's compensation and added role of chairman. Disney, in filings with U.S. securities regulators, said a report by Institutional Shareholder Services was "deeply flawed and out of touch with shareholder intere...
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Washington Post
Franklin Raines surfaces...at jury duty
Ever wondered whatever became of Franklin Raines, the former head of Fannie Mae, who left the mortgage giant as the Securities and Exchange Commission was investigating the company for overstating earnings?
Read full article >>
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FOX
Regulator Unveils New Plan For Fannie, Freddie Exit
Housing agency releases plan to unify mortgage securities in effort to find endgame for housing-finance firmsWatchdog: Limit Fannie, Freddie Legal Fees More Consumer-Watchdog Agency Probes Overdraft Fees
|
FT
Mortgage plan calls for single securities platform
The plan by the Federal Housing Finance Agency sets out how it will shrink Fannie Mae and Freddie Mac over the next few years while trying to minimise foreclosures
|
AP
Santorum 'super' PAC returned big foreign donation
WASHINGTON (AP) -- A political action committee supporting Republican presidential candidate Rick Santorum says it has refunded a $50,000 donation from a London-based securities firm because the money came from a foreign source. Such contributions are illegal under U.S. law....
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Reuters
Bill Gates backs SEC's proposal for resource extraction cos
WASHINGTON (Reuters) - Microsoft Corp Chairman Bill Gates has thrown his support behind a controversial proposal by U.S. securities regulators to make oil, natural gas and mining companies disclose payments to governments.
|
News.co.au
Macquarie flags job cuts, lower profit
MACQUARIE Group is in the process of cutting around 10 per cent of jobs in its securities business.
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CNN
Why Apple will pay a dividend
FORTUNE -- The liquid securities alone on Apple's balance sheet, roughly $98 billion, would make it the 43rd most valuable company in the world. Apple's cash would rank it just behind McDonalds, an astounding and bizarre statement in the annals of modern cash management. No company in its right mind would keep $100 billion lying around. But then, as I've been arguing frequently of late, Apple i...
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THE GLOBE AND MAIL
Turf wars shouldnt block a national securities regulator
Even though the Supreme Court struck down the idea, a more rugged regulatory architecture is still needed
|
CNN
Senate passes insider-trading bill
Aiming to restore voters' faith in Congress, the Senate overwhelmingly approved a bill Thursday that makes clear it's illegal for members of Congress, their staffs and many executive-branch employees to trade stocks and other securities based on inside information learned on the job.
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AP
Congress exempt from some laws, but others apply
WASHINGTON (AP) -- The Senate is opening debate on legislation to ban insider financial trading by members of Congress, though the Securities and Exchange Commission says lawmakers already are subject to the same prohibitions as other investors. Congress, however, is exempt from provisions of several other federal laws. In 1995, the House and Senate passed the Congressional Accountability A...
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Gizmodo
Apple Sells 37 Million iPhones, 15 Million iPads in Monster Moneybags Quarter [Apple]
Apple just set company records for net income ($13.06 billion) and revenue ($46.33 billion), thanks in large part to selling as many iPhones as there are people in California. Oh, and nearly half as many iPads, too. All of which contributed nicely to the $97 billion of cash and securities the company's sitting on. I mean... wow. More »
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Pravda
Islamic banks never invest in pork, alcohol and tobacco
The Islamic system does not practice the use of the borrowing rate of interest. Nevertheless, Islamic banks make money as they receive some sort of a bonus from borrowers. However, Islamic banks are very scrupulous when it comes to choosing borrowers. Unlike in the rest of the world, Shariah financiers will not work with speculative securities
|
Times LIVE
JSE hit by technical problem
The Johannesburg Securities Exchange equity market was offline on Tuesday due to a technical problem, the bourse said.
|
THE AUSTRALIAN
CBA, ASIC agree to disagree over ad
CBA has rejected claims of misleading advertisng made against it by the Australian Securities & Investments Commission.
|
Les Echos
L'agence Chine nouvelle veut introduire son site internet en Bourse
[[346104]] SHANGHAI (Chine) (AFP) : Chine nouvelle, l'agence officielle d'information chinoise, prévoit d'introduire d'ici la fin de l'année son site internet à la Bourse de Shanghai, a rapporté mercredi le China Securities Journal. Cette annonce concernant Xinhuanet, le site web de l'agence...
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Daily Mail
Big Brother malls trigger privacy row after installing equipment to spy on shoppers via their mobiles
The technology has raised concerns after it emerged that shopping centre owner Land Securities has installed it at ten of Britain’s biggest malls, including Cabot Circus in Bristol and Princesshay in Exeter.
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Barrons
This Weekend's Barron's: Altria's Shares Threatened by Challenges; CEO Spotlight on Tim Solso of Cummins; Paccar Is Ready to Roll; The Gas Bubble; Convertible Securities -- Combination of Yield and Equity
This sneak preview offers highlights from this weekend's Barron's. Come back to Barrons.com on Saturday morning.
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New York Times
DealBook: Ahead of I.P.O., S.E.C. Pressed Groupon On Accounting, Disclosures
The Securities and Exchange Commission repeatedly pushed the daily deals giant to defend its business model and its accounting measures, according to comment letters recently disclosed.
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Les Echos
Le déficit budgétaire de la Chine devrait diminuer en 2012
[[340744]] Le déficit public de la Chine diminuera en 2012, écrit mardi le Shanghai Securities Journal, qui cite une source du ministère des Finances. Les dépenses budgétaires augmenteront de 11% à 11.100 milliards de yuans (1.750 milliards de dollars) en 2012, alors que les recettes augmenteront...
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Times of India
Chinese banks under pressure to raise cash next year: China Securities Journal
Citing analysts, the official paper said banks facing such pressure included Agricultural Bank of China , Industrial Bank Co Ltd and Bank of Communications .
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Times of India
Soon, CBSE to teach students stock market trade
Investment education will be a part of CBSE curriculum in the near future, said U K Sinha, chairman of stock market regulator Securities and Exchange Board of India.
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THE GLOBE AND MAIL
Supreme Courts securities regulator decision delivers stern reminder to PM
Government handed a major defeat in its bid to attain powers that could have profoundly altered the provinces control over their own economies
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Washington Post
Former NFL star Willie Gault charged with fraud
Willie Gault, a former pro football player who helped the Chicago Bears win the 1986 Super Bowl, was charged with fraud Tuesday for allegedly serving as a “celebrity figurehead” for a medical-device company involved in a stock scam.
The former wide receiver known for his speed held the title of “co-CEO for operations” at a company called Heart Tronics but “provided no meaningful oversight” whi...
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Reuters
Ex-NFL player Gault snagged in SEC fraud case
WASHINGTON (Reuters) - Willie Gault, a former Chicago Bears wide receiver, faces a civil lawsuit by U.S. securities regulators accusing the American football player and several others of engaging in an alleged scheme to inflate the price of stock in a heart-monitoring device company.
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USA Today
Ex-Bear Gault accused of stock fraud scheme
The Securities and Exchange Commission says Gault's company misled investors and announced false sales numbers.
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The Nation
Microfinancing lifts tsunami hit Japan firms
TOKYO (AFP) - The world's third largest economy might not seem the obvious place to find the need for microfinancing, but for businesses in tsunami-ravaged northeast Japan, it could be the key to revival.
Music Securities, a brokerage more used to raising cash for struggling musicians, has turned its expertise…
Visit: http://www.nation.com.pk for full story
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Al Jazhera
US charges ex-Fannie, Freddie CEOs with fraud
Securities and Exchange Commission has brought civil fraud charges against six former top executives at mortgage giants.
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Le Figaro
Vers des nationalisations bancaires en Europe ?
Richard Bove, de la maison de courtage Rochdale Securities, un des meilleurs analystes bancaire des États-Unis, vient de publier un rapport qui conclut à une nationalisation partielle inévitable de beaucoup de banques européennes. Commerzbank, la deuxième banque allemande, semble être une...
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Handelsblatt
Chinesischer Broker: Haitong Securities bläst Börsengang ab
Die schlechte Stimmung an den Märkten zwingt den chinesischen Aktienhändler Haitong Securities zur Absage seiner Neuemission. Noch ist kein neuer Termin im Blick.
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The Jerusalem Post
'US-listed firms told to reveal Syria, Iran links'
Several companies, including Sony, American Express instructed by US Securities and Exchange Commission to reveal business activities with countries deemed "state sponsors" of terror, the 'Financial Times' reports.
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Reuters
SEC is urged to sue over Stanford victims' claims
WASHINGTON (Reuters) - A senator is calling on federal securities regulators to take legal action against a brokerage industry-backed fund for failing to cover claims for the victims of Allen Stanford's alleged Ponzi scheme.
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BBC
BoA seeks mortgage settlement
Bank of America agrees to pay $315m (£196m) to investors who say they were misled about mortgage backed securities sold by the firm.
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SI
Tom Verducci: Marlins not done shopping yet
DALLAS -- Already the most fascinating team in baseball -- everybody from Albert Pujols to the Securities and Exchange Commission is checking them out -- the Marlins aren't done yet. Having added shortstop Jose Reyes and closer Heath Bell, the newly named, newly outfitted and newly relocated Miami Marlins are prepared to push their payroll past $100 million if it means adding Pujols, according ...
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USA Today
SEC probes financing of new Marlins stadium
The Securities and Exchange Commission is investigating the financing of the Miami Marlins' new downtown stadium.
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TMZ
Jason Taylor -- Investment Broker Ran Off With My Money!
Filed under: Jason Taylor, TMZ Sports, Celebrity Justice
Jason Taylor has made a living out of chasing down quarterbacks -- now the NFL star is trying to chase down the man he says bilked him out of more than a quarter of a million dollars!According to a lawsuit filed back in August, Taylor claims he gave $500,000 to a man named Eric Kim, who told Taylor...
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WirtschaftsWoche
Zusammenschluss: Börsen in Tokio und Osaka wollen fusionieren
Die japanischen Aktienmärkte in Tokio und Osaka wollen sich zur drittgrößten Börse der Welt zusammenschließen. Schon Anfang 2013 wollen die Tokyo Stocks Exchange Group Inc. und die Osaka Securities Exchange fusionieren.
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USA Today
SEC disciplines 8 for not stopping Madoff swindle
None of the Securities and Exchange Commission workers were fired, The Washington Post says. A ninth quit before a week-long suspension.
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Reuters
Olympus used inflated deposits to mask losses: Nikkei
(Reuters) - Investigations into scandal-hit Olympus Corp revealed an elaborate scheme for concealing losses on risky bets behind a facade of inflated bank deposits and securities holdings, The Nikkei reported.
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THE GLOBE AND MAIL
Internet scam spoofs state-level U.S. securities regulators
Fake organization calls itself SSC, urges investors who had suffered stock losses to file claims on Web site that asks for personal and financial information
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USA Today
Packers could begin new stock sale later this month
Team may begin selling shares in the team "on or around Nov. 15," according to a letter their attorneys sent to Utah securities regulators.
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CNN Money
While collar crook Rajaratnam fined record $92.8 million
The Securities and Exchange Commission fined Raj Rajaratnam, the former hedge fund manager recently convicted of insider trading, nearly $93 million on Monday.
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Fortune
Mark Cuban faces insider trading charges
By Scott Moritz
U.S. regulators on Monday charged Dallas Maverick owner and outspoken blogger Mark Cuban with using confidential information in 2004 to sell his stake in Mamma.com, a Montreal search engine now known as Copernic (CNIC). His sale of all 600,000 shares helped Cuban avoid a 10% dive in the stock, or about $750,000 in losses, the government contends.
The Securities and Exchange Comm...
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# |
Countries |
MIX |
| 1 | India | 21.335 |
| 2 | United States | 18.829 |
| 3 | China | 16.890 |
| 4 | Italy | 5.500 |
| 5 | Germany | 4.455 |
| 6 | Spain | 3.235 |
| 7 | Brazil | 3.135 |
| 8 | United Kingdom | 3.085 |
| 9 | Mexico | 2.860 |
| 10 | Korea South | 2.550 |
| 11 | Argentina | 2.310 |
| 12 | Poland | 1.620 |
| 13 | Colombia | 1.560 |
| 14 | Canada | 1.190 |
| 15 | Vietnam | 1.080 |
| 16 | France | 1.030 |
| 17 | Indonesia | 0.985 |
| 18 | Australia | 0.910 |
| 19 | Chile | 0.610 |
| 20 | Thailand | 0.600 |
| More Countries >> |
# |
Media |
MIX |
| 1 | NDTV | 10.000 |
| 2 | IBN live | 4.500 |
| 3 | Bild | 3.200 |
| 4 | Chutian Dushi Bao & Hubei Ri Bao | 2.800 |
| 5 | WALL STREET JOURNAL USA | 2.000 |
| 6 | Shenzen Economic Daily | 1.900 |
| 7 | Joong Ang Ilbo | 1.750 |
| 8 | People's Daily (Renmin Ri Bao) | 1.600 |
| 9 | Reuters | 1.600 |
| 10 | La repubblica.it | 1.600 |
| 11 | San Francisco Chronicle | 1.200 |
| 12 | corriere de la serra | 1.200 |
| 13 | CNN Editions (International) | 1.200 |
| 14 | USA Today | 1.100 |
| 15 | Dahe Ribao | 1.040 |
| 16 | El Pais | 1.000 |
| 17 | lance | 1.000 |
| 18 | Clarín | 1.000 |
| 19 | NDTV profit | 1.000 |
| 20 | CNN | 1.000 |
| More Media >> |
# |
Languages |
MIX |
| 1 | English | 48.549 |
| 2 | Chinese | 16.560 |
| 3 | Spanish | 11.410 |
| 4 | Italian | 5.500 |
| 5 | German | 4.890 |
| 6 | Portuguese | 3.595 |
| 7 | Polish | 1.620 |
| 8 | French | 1.130 |
| 9 | Vietnamese | 1.080 |
| 10 | Indonesian | 0.985 |
| 11 | Hindi | 0.910 |
| 12 | Korean | 0.800 |
| 13 | Greek | 0.567 |
| 14 | Dutch | 0.530 |
| 15 | Romanian | 0.520 |
| 16 | Finnish | 0.400 |
| 17 | Thai | 0.400 |
| 18 | Turkish | 0.345 |
| 19 | Swedish | 0.240 |
| 20 | Russian | 0.240 |
| More Languages >> |
# |
Lists |
| 1 | Stock exchange |