Leading Wednesday's corporations and securities law news, the SEC has approved the extenstion of the "trade-through" rule to electronic exchanges which will subject the vast majority of stock transactions to guidelines designed to give investors the best stock price. Chairman William Donaldson cast the deciding vote in a rule widely opposed by companies including Nasdaq [...]

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Hong Kong's Acting Chief Executive Donald Tsang said Wednesday that it is "accurate and necessary" to ask China's National People's Congress to interpret Hong Kong's Basic Law in order to settle a constitutional dispute over the term length of Hong Kong's next chief executive. After Tung Chee-hwa resigned as chief executive last month, Beijing decided [...]

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The Vatican announced Wednesday that the College of Cardinals has set April 18 as the beginning of its secret conclave to elect a successor to Pope John Paul II, who died Saturday . The conclave will begin that afternoon, and according to the governing apostolic constitution on papal succession , one ballot will be held [...]

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The National Human Rights Commission of South Korea issued a non-binding recommendation Wednesday that the country's death penalty be abolished. Eight of the nine officials on the Commission approved the resolution, which will be forwarded to the National Assembly . The Legislation & Judiciary Committee of the National Assembly is currently considering an abolition bill [...]

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Morgan Tsvangirai , president of the Zimbabwean opposition party Movement for Democratic Change , announced Wednesday that the MDC had proof of "serious and unaccountable gaps" between the totals of reported votes and tallied votes in one quarter of the 120 open seats at stake in last week's Zimbabwe parliamentary elections. MDC officials said that [...]

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