SE demutualisation: Government to withdraw stamp duty relaxation
The government has decided to withdraw the stamp duty relaxation available to stock exchanges on demutualisation to put pressure on the ones that have not yet done so.
Read more on The Economic Times

Shengtai Pharmaceutical Reports Third Quarter Fiscal 2011 Financial Results
WEIFANG, China, May. 16, 2011 /PRNewswire-Asia-FirstCall/ — Shengtai Pharmaceutical, Inc. (OTC Bulletin Board: SGTI) (“Shengtai” or “the Company”), a leading manufacturer and distributor of high-quality, pharmaceutical grade glucose products in China, and a manufacturer and distributor in China of starch products, today reported financial results for the third quarter of fiscal 2011 ended March …
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Renault Twizy Electric Car Unveiled and Priced at 2011 Barcelona Motor Show
The final versions of Twizy model, Renault‘s electric car with lithium ion batteries, have been unveiled at the 2011 Barcelona Motor Show, several automobile news sites reported on Sunday. The Twizy model is available with two engines to choose from and its price starts at €6,990 for the Renault Twizy 45, reports said. The Renault […]
Read more on Batangas Today

With gas costs high, Obama to speed oil production
Amid growing public unhappiness over gas prices, President Barack Obama is directing his administration to ramp up U.S. oil production by extending existing leases in the Gulf of Mexico and off Alaska’s coast and holding more frequent lease sales in a federal petroleum reserve in Alaska. But the moves won’t calm spiraling prices at the pump any time soon.
Read more on AP via Yahoo! News