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China stocks take a dive after broker probes announced

August, the Xinhua News Agency had said that 8 Citic employees as well as one current and former employee of this market regulator had been suspected of stock trading illegally. Even though the Shanghai Composite hardly flinched since 6th Nov. when a freeze was lifted from IPO’s margin requirements were …

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Holiday shopping doesn’t bring cheer to Wall Street

The shopping rush for the holidays had kicked off this Friday and it is unlikely that it is going to bring too much cheer to investors who are looking for a revival in their retail stocks. After months of sales growth that was uninspiring as well as the disappointment from …

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Pfizer-Allergan deal will close in second half of 2016

Donald Trump, the Republican front runner, who has called for a complete overhaul of corporate taxes, said that this deal was disgusting and that politicians need to be ashamed. Sen. Bernie Sanders, the chief rival of Hillary Clinton as far as the Democratic nomination is concerned said that the deal …

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