Olympus does not want to be delisted

Note: This section contains information in English only.
Source: BBC
© Scanpix/AFP
Olympus, Japanese camera maker, may be delisted from the Tokyo Stock Exchange because of hiding losses. It will be delisted in case it fails to provide truthful financial data till December 14.  However, even if the company succeeds in financial reporting till due date, the authorities can delist the company taken the scale of malpractice or in case some connection with Japanese criminal authorities is found.
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Fri, 25 Nov 2011 09:35:33 GMT

Europe stocks opened from flat to slightly higher

European stock markets started Friday's trading from flat to slightly higher. The Stoxx Europe 600 index was flat at 219.78, the German DAX index increased by 0.3% to 5,443.39 and the French CAC index was up by 0.3% to 2,834.93. The FTSE 100 index decreased by 0.2% to 55,118.72.

Fri, 25 Nov 2011 10:01:40 GMT

Russia leaves benchmark rate unchanged

Russia has decided to leave benchmark interest rate untouched for a second consecutive month. According to Bank Rossii statement released today it will keep borrowing rate at 8.25%. Russia is trying to restrict inflation to 7% - the lowest since the collapse of Soviet Union in 1991. However, depreciation of ruble may boost inflation next month as export power is increasing.

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