Reuters - The Justice Department is investigating accounting irregularities at Chinese companies listed on U.S. stock exchanges, said an official with the Securities and Exchange Commission, suggesting criminal charges may be brought in addition to civil proceedings.
Reuters - The Singapore Exchange Ltd is tying up with London’s main bourse to make a joint bid for the London Metal Exchange, a source told Reuters on Friday, as the world’s largest metal market seeks a suitor in a deal that could be worth 1 billion pounds ($1.57 billion).
Europe shares set to mark worst quarter since 2008 (Reuters) - Comments Off
Reuters - World stocks fell on Friday with European shares on track to mark their biggest quarterly loss since the collapse of Lehman Bros three years ago as European economic readings compounded pessimism over global growth.
Stocks drop as investors prepare for quarter end (AP) - Comments Off
AP - Stocks fell on Friday as optimism over Germany’s approval for a beefed-up European rescue fund faded and investors closed trades ahead of the end of the fiscal quarter, which has seen the biggest losses since 2008, when the world was heading into its deepest recession since World War II.
Summary Box: Late-day rally sends stocks higher (AP) - Comments Off
AP - UP, DOWN, UP: It was another day of big swings in the stock market. The Dow Jones industrial average ended with a gain of 143 points Thursday. On its way there, it surged 260 points shortly after the opening bell, then turned mixed for much of the day. A burst of buying in the last half-hour of trading sent the Dow shooting higher again.
How the major stock indexes fared on Thursday (AP) - Comments Off
AP - It was another day of big swings in the stock market.
Reuters - The U.S. Justice Department is investigating accounting irregularities at Chinese companies listed on U.S. stock exchanges, said an official with the Securities and Exchange Commission, suggesting criminal charges may be brought in addition to civil proceedings.
SEC concedes challenges in credit-rating probes (Reuters) - Comments Off
Reuters - The Securities and Exchange Commission faces hurdles proving wrongdoing at credit-rating agencies, the agency’s enforcement chief said, pointing to the complexity of the cases and the industry’s strong legal defenses.
Reuters - The U.S. Standard & Poor’s 500 index is expected to finish the year down for the first time in three years as an escalating European debt crisis and stalling U.S. economy lead strategists to slash forecasts in the latest Reuters poll.
Recovery next year for world stocks: poll (Reuters) - Comments Off
Reuters - World stock markets will recover next year from a nightmarish 2011 that has wiped trillions of dollars off share prices, according to a Reuters poll that showed almost all major stock indexes ending 2011 in the red.








