The Nigerian Stock Exchange is seeking to have rules on pension-fund investing relaxed to attract funds and boost Africa’s third-best performing gauge this year, Chief Executive Officer Oscar Onyema said.
Bank bondholders that are forced to take losses under European Union plans to prevent the need for taxpayer bailouts may get the chance to recoup some of their investment in failed lenders, an EU official said.
Two years after the frightening spring day when the Dow Jones Industrial Average lost and regained about 600 points in a matter of minutes, we still don’t really know why. This is a problem, because it means something similar -- or worse -- could happen again.
The U.S. Securities and Exchange Commission took a step toward improving its oversight of equity and options markets, contracting for a system that collects quote and trade data sold mainly to private users.