Asia-Pacific stocks took dives Thursday amid bearish sentiment triggered by Wall Street's sharp overnight losses as well as a dismal global and regional economic outlook. The market in the region's largest economy, Japan, also dipped as a stronger yen dimmed sales prospects among the country's export-oriented manufacturers. The Nikkei 225 Stock Average fell 2.46 percent to close at 8,460.98. The benchmark index recovered significant ground after losing more than seven percent in morning tra

US stocks closed mixed on Thursday, with the blue chip shares managing decent gains while the technology space came under pressure amid mounting worries over corporate earnings growth going ahead.

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Agency Brings Second-Highest Number of Actions Ever; Significant Increase in Insider Trading and Market Manipulation Cases FOR IMMEDIATE RELEASE 2008-254 Washington, D.C., Oct. 22, 2008 — The Securities and Exchange Commission today announced that the second-highest number of enforcement actions in agency history took place in fiscal year 2008. For the second year in a row, the SEC also returned more than $1 billion to harmed investors through Fair Fund distributions. “The SEC’s role in po

IF THERE'S ONE THING we can take from our present economic crisis, it's that every cloud has a silver lining -- even when it's a funnel cloud. I fully admit this optimism may seem a bit misplaced in our current situation, when the equity markets are in free fall, real-estate values have plummeted, our credit markets are logjammed and it seems as if no one will be able to retire until they're 90. But panic does no one any good; instead, it is important to seek out opportunities for profit where