21.   To save that cost, some foreign brokers have bought shares in local brokerages, to merge their research teams with the sales force of the local firms.

22.   Until now, foreign brokers had to register with the SEC or work through a U.S. counterpart to make such contacts.

23.   Whether he is the right person to lead Nomura as it competes with the expanding foreign brokers is another question.

24.   Approved foreign broker status allows brokers to trade only in non-Singapore dollar denominated stocks.

25.   But one foreign broker said a perception that the hundreds of small Hong Kong brokerages were uncompetitive and resistant to change was still alive and well among foreign firms.

26.   Despite years of cooperation with WI Carr, Nava Finance and Securities Plc has welcomed a Singapore-based foreign broker as a partner in its securities business.

27.   However, sources in the industry said Phatra might not have embraced a foreign broker this quickly if the local securities business remained upbeat.

28.   Richter also submitted that it was foreign brokers who had asked Chua to sell shares through them.

29.   Rules announced Thursday level the playing field for foreign brokers licensed to trade in China.

30.   Shares of Suharto family-owned companies are under pressure on the Jakarta stock exchange as foreign brokers discard those stocks, the Post reported.