Wrap-up for April 8, 2011
FRIDAY, April 8, 2011 * SGX $8.3bil takeover bid for ASX rejected. Australia federal treasurer says the merger would not be in the nation’s interest. The proposal, announced in October 2010, would have created one of Asia’s leading stock markets. * The FBM KLCI closed lower by 4.44 points, or 0.28%, at 1,557.49, amid profit … Read more
Wrap-up for April 7, 2011
Thursday, April 7, 2011 Global equities fell after a strong aftershock rocked Japan and the euro retreated against the dollar as the European Central Bank raised rates but signaled it was not necessarily the start of a round of hikes. U.S. and European stocks fell after the earthquake measuring 7.4 shook northeast and eastern Japan. … Read more
