December 12, 1985
Pan Electric Industries' chief shareholder signed an agreement enabling the debt-laden firm to resume normal trading for the first time since a dramatic collapse that forced the Singapore and Malaysian stock exchanges to suspend trading for three days. Millionaire businessman Tan Koon Swan signed the agreement giving the company $20 million in new funds.
August 5, 1986 |
The United States and the Soviet Union today announced the signing of 13 exchange agreements that officials said could restore cultural, health and educational contacts between the two nations to the levels of the 1970s. Under the agreements, worked out during a one-week visit by a Soviet delegation, Soviet and American art exhibits will be exchanged, more students will study in each other's countries, and joint research and programs will be undertaken.
CALIFORNIA | LOCAL
May 14, 1988
Administrators from the University of Tokyo and UC San Diego signed an agreement Friday for scientific, educational and cultural exchanges between the two institutions. The agreement calls for joint research, exchange of faculty and graduate students, sharing of information in fields of mutual interest, and sponsorship of visiting scholars for lectures and conferences.
March 25, 2009 |
Chief executives from four U.S. stock exchanges sent a joint letter to the Securities and Exchange Commission seeking to have new rules instituted to restrict short selling. In a letter to SEC Chairwoman Mary Schapiro, the heads of NYSE Euronext, Nasdaq OMX Group Inc. and two smaller exchanges proposed a rule that would curb "abusive" short selling, which "destroys the overall confidence in our capital markets." The new rules would go beyond the previous "uptick" rule curbing short selling, which had been in place since the 1930s until being rescinded in 2007.
January 18, 1987 |
More than 50 years ago, as Congress breathed life into a new watchdog agency called the Securities and Exchange Commission, the necessity of equal shareholder voting rights in corporate America was clearly understood. "Fair corporate suffrage is an important right that should attach to every equity security bought on a public exchange," the House Commerce Committee reported to Congress in 1934. "Management should not be permitted to perpetuate themselves by the misuse of corporate proxies."
September 30, 2013 |
State insurance-buying exchanges - one of the centerpieces of President Obama's controversial 2010 healthcare law - begin their first open enrollment period Tuesday, an event that both supporters and opponents have been eagerly anticipating practically since the legislation was signed 3 1/2 years ago. For the first time, low- and moderate-income Americans who don't have health benefits at work will be able to sign up for comprehensive coverage at...
October 14, 2013 |
NEW YORK - As Twitter Inc. shops for a home on Wall Street, the Nasdaq Stock Market and New York Stock Exchange are cranking up the charm - just like they've done with other tech stars. As real estate listings website Zillow Inc. was going public two years ago, Nasdaq dispatched Chief Executive Robert Greifeld to personally make a pitch over breakfast in Seattle. The NYSE deployed Larry Leibowitz, its chief operating officer. In the end, Nasdaq won. The exchange dangled generous use of its electronic billboard towering seven stories over Times Square.
May 6, 1989 |
A day after government agents swooped down with subpoenas on New York's biggest futures markets, sources familiar with the inner workings of the exchanges said Friday that small cliques of traders, exploiting inadequate government scrutiny, have long engaged in various illegal practices defrauding both investors and other traders. "Insiders have advantages in terms of trading. That's the source of (long-standing) complaints. These markets are not fair, open markets operated for the benefit of the public," said Martin R. Gold, whose law firm, Gold, Farrell & Marks, handles securities litigation.
July 17, 2012 |
Congressional Republicans are so obsessed with the idea of repealing any or all of "Obamacare," they don't seem to care about the potential harm that might inflict on their constituents. The latest example comes from Tennessee Republican Reps. Phil Roe and Scott DesJarlais (both of them physicians), who introduced a resolution aimed at denying lower-income Americans in more than two dozen states, including their own, the subsidies the bill provides for health insurance. The Patient Protection and Affordable Care Act requires virtually all adult Americans to obtain coverage, starting in 2014.
April 11, 1989
Starting today, The Times will publish the previous day's financial indexes, currency rates, interest rates and leading stocks in a single large table called Market Watch. The new format will make it easier to compare the activity of various exchanges. Page 10.