Last month, lawmakers from the ruling Democratic Party of Japan announced they will convene a panel to figure out how to stop an insider-trading problem they have been working on since 2006. Traders, operating on inside information, have been short selling shares of companies just before new equity sales are announced, which often causes the company’s share price to fall, then covering their short position by buying shares back at the new, lower price.
The New York Giants rushed into the second round of the playoffs behind a season-best performance from the National Football League’s worst running attack. It began with a scramble by quarterback Eli Manning.
The New England Patriots and New York Jets won road games to remain tied for the National Football League’s best record, while Dallas beat the New York Giants in Jason Garrett ’s debut as Cowboys coach.