Subprime woes spark fears of spreading troubles in global markets
Subprime woes spark fears of spreading troublesAs the subprime-mortgage industry declines at a rapid pace, many are concerned with the sector's influence on the markets. The situation has prompted calls for action from lawmakers, and some in the mortgage industry say investors are causing a liquidity crisis.
The full storyWhat's really at stake in the subprime mortgage market?
Read this to report.stock market, bonds, mortgages, mortgage backed securities, mbs, subprimeLabels: bonds, MBS, mortgage backed securities, mortgages, stock market, subprime
China Markets: Hong Kong, Shanghai need joint trading system
Hong Kong, Shanghai need joint trading system, official saysA senior Chinese official suggested that the Hong Kong and Shanghai exchanges should establish a system for joint trading of dual-listed securities. Fang Xinghai, deputy director of the Shanghai government's Financial Services office, said such a plan would ensure that Shanghai prices reflected international markets, and would put pressure on the mainland to improve corporate governance.
full articleelectronic exchange, trading system, markets, STP, China, stock marketLabels: china, electronic exchange, markets, stock market, STP, trading system