Security in an unsecure world

Markets

10.03.10: European Shares Trade in Tight Range
European stocks traded in a tight range, following Wall Street's modest rebound in the previous session.

10.03.10: Major Asian Markets Flat
The Nikkei, Hang Seng and Australia's S&P/ASX 200 all ended flat Wednesday as investors looked to cues later in the week. In Australia, Aurox Resources powered higher on news of a merger with Atlas Iron.

10.03.10: Swaps Are Under Fire
Momentum is building for stricter oversight of derivatives trading, as a top U.S. regulator recommended new limits on credit-default swaps and European leaders pushed for a ban on speculative bets against government debt.

10.03.10: Greece May Seek EU Aid
Greece may formally seek European Union financial aid if its borrowing costs don't fall sharply in coming weeks and, if that doesn't work, will seek a rescue from the IMF, government officials said.

10.03.10: China Mobile to Buy 20% of Pudong Bank
China Mobile said it agreed to buy a 20% stake in Shanghai Pudong Development Bank for $5.83 billion as the mobile operator seeks to expand into mobile payment services.