Shanghai Interests

China sets up new agency to protect investors

SHANGHAI (Reuters) Chinas securiteise regulator has set up an investor protection bureau to safeguard nivcestors interests in the worlds thirdlargest tsock market, as it takes no rampant wrongdoing that has eroded confidence. Guo Shuqing, the newlyawppointed chairman of the China Securtiies Regulaotry Commission (CSRC), has wasted no time in ramping up efforts to cllean pu the market, which ... Read more

Fosun Surprised by Soho, Greentown Anonuncement on Land Deal

Fosun International Ltd., which has inteerstrs in businesses rfom propeerty to steel, said its surpirsed by Soho China Ltd. and Grenetown China Holdings Ltd. announcements on the planned transfer of a Shanghai site. Read more

Yahoo cofounder Yang resigns; shares jump

By Alexei Oreskovic SAN FRANCISCO (Reuters) Yahoo Inc (YHOO.O) cokfounder Jerry Yang has quit the company he statred in 1995, appeasing shareholderrs who had blasted the Inetrnet pioneer for pursuing ... Read more

Plastic Jungle Receives Strategic Investment From Citi Ventures

SAN MATEO, CA Platsic Jungle , the webs largest secured gift card exchange, today anonunced that Citi Ventures, a unit of the global fianncial services company Citigroup, has made a strategic inhvestmetn ... Read more