Japan's stock-market shutdown reveals cracks in trading system

Article Abstract:

Technological glitches at the Tokyo Stock Exchange of Japan caused a shut-down in trading yesterday afternoon preventing its computer systems from short circuiting. The emergency closure occurred after a series of technological problems recently, although it is the first in its history of 57 years of operation. The malfunctioning could impede Japan's economic recovery.

General services, Industry Overview, Economic aspects, Company systems management, Information management, Tokyo Stock Exchange

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Citigroup extends apology to Japan

Article Abstract:

Citigroup Inc. is closing its Cititrust and Banking Corp. unit in Japan due to compliance problems it uncovered at the subsidiary. Citigroup Chief Executive Officer Charles Prince bowed as he apologized at a news conference for violations at another Citigroup unit that has been ordered closed by Japanese regulators.

Foreign operations, Government regulation, Financial Services, Finance and Insurance, DEPOSITORY INSTITUTIONS, Executive changes & profiles, Public affairs, Parent-to-subsidiary activities, Subsidiary-to-parent activities, Officials and employees, Financial services industry, Discipline, Licensing, certification and accreditation, Public relations, Citigroup Inc., C, Company public relations, Foreign business enterprises, Subsidiaries, divisions and units, Prince, Charles, Citigroup Global Markets Inc.

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Dollar bears growl, end hibernation of 2004

Article Abstract:

Against the Euro, the United States dollar has fallen to an eight month low and against the Yen to a recent six month low.

Europe, Commodity & service prices, Analysis, Prices and rates, United States economic conditions, Euro (Currency), Dollar (United States), Yen (Japan), Company pricing policy, Euro currency transition

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