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7/18/11

Murdoch Stocks Continue Down?

Rupert Murdoch - World Economic Forum Annual M...Image via Wikipedia

Author: Anastasia Joice Erlangga DjumenaSYDNEY, $ MAKE MONEY BLOG - phone hacking scandal byRupert Murdoch-owned tabloid the mainstream. Australian stock exchange share price of News Corporation that houses the mediaMurdoch weakened to five percent in early trading Monday (7/18/2011).

Its stock price on the Australian Stock Exchange fell 5.69 cents, orRp 51,500 to 13.93 Australian dollars, or about Rp 126,000.

In one week ago, News Corporation stock has weakened by 11percent. Melorotnya shares of News Corporation is closely linked to the scandal of the media empire owned by Murdoch.

Rebekah Brooks, a former high-ranking Detention tabloid News of the New World seemed to be the pinnacle of the riot. Brookquestioned for 12 hours on charges of conspiracy to pave thetelephone conversation and pay the police to get news. At thesame time, the police chief of the British withdrew becausespeculation association with the Murdoch-owned media faster.

source; kompas.com
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