Wednesday, March 12, 2008

Citic Securities Seeking Cooperative Deals With Foreign Investment Banks

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Asian Stocks Advance on Fed's Move


Asian stocks rose Wednesday as investors welcomed the move by the U.S. Federal Reserve and other central banks to ease pressure on the world's credit markets.Wall Street's big rally also boosted market ...more



The Fed's Swap Meet


The Fed's Swap Meet Stocks soared on Tuesday as Central Bankers "Pulled Out All The Stops" . Certainly the market was bleeding and some primary dealers, notably Bear Stearns and Lehman were getting pounded over ...more



Argus Comment: Economy victims


IT is a worrying sign of the times that the number of mortgage repossessions in Gwent is rising, in some cases at what appears to be a staggering rate.
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World markets up on central bank actions


An investor looks at the stock price monitor at a private security company Wednesday, March 12, 2008 in Shanghai, China.
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Citic Securities Seeking Cooperative Deals With Foreign Investment Banks


Citic Securities Co. , the Chinese partner of Bear Stearns Cos. , is in talks to cooperate with other international investment banks, said Kong Dan , chairman of the Beijing-based company's parent.

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