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Lenders, energy stocks lead market up

Business | Securities
2011-9-16

LENDERS and energy issues led the Shanghai stock market higher today after China's August foreign direct investment showed businesses were still turning to the country. The report also said China was studying...

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Shares rise in early trade on positive FDI

Business | Securities
2011-9-16

SHANGHAI stock market rose in the morning session, as blue chips jumped after China's August foreign direct investment showed businesses were still turning to the country. Confidence among investors also enhanced...

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Stocks rally on support plan for European banks

Business | Securities
2011-9-16

A joint effort by five major central banks to support Europe's financial system set off a rally in US stocks yesterday. Gold plunged and Treasury yields rose as traders sold the safest investments. Markets in Europe...

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HK Fines Oasis And CIO For Stock Trade

Business | Securities
2011-9-16

HONG Kong's securities regulator fined hedge fund Oasis Management (Hong Kong) LLC, which helped manage more than US$3 billion at its peak, and its chief investment officer for 2006 trades of Japan Airlines Corp ...

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Confidence dip, high prices hit key index

Business | Securities
2011-9-16

SHANGHAI shares edged down yesterday after the Chinese central bank revealed that an index showed bankers' confidence in China's economy has dipped, and consumers complained about high inflation. The Shanghai...

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Shares fall on low banker confidence

Business | Securities
2011-9-15

SHANGHAI'S key stock index fell after the central bank revealed lower confidence among bankers on China's economy and increasing complaints among the public over high consumer and home prices. The benchmark Shanghai...

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Shares dip slightly in morning trade

Business | Securities
2011-9-15

SHANGHAI'S key stock index was almost unchanged in the morning session after the central bank said bankers' confidence for the economy in the third quarter fell. The benchmark Shanghai Composite Index dipped...

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Stocks jump on hopes for progress on Greece's debt

Business | Securities
2011-9-15

A promise by European leaders to help Greece avoid default sent US stocks sharply higher yesterday for the third straight day. The leaders of Greece, France and Germany agreed in a teleconference that Greece was...

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Fallout from scandal hits Chinese stock overseas

Business | Securities
2011-9-15

IT seems that all overseas-listed Chinese stocks are now being affected by the accounting concerns surrounding just a few plays. Many companies that insist they have done nothing wrong have been tarred with the same...

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Stocks end a three-day decline

Business | Securities
2011-9-15

SHANGHAI'S key stock index rose yesterday, ending a three-day decline, after Premier Wen Jiabao pledged confidence in China and in Europe's economy. The Shanghai Composite Index rose 0.6 percent to 2,484.83 points,...

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Shares rebound as Premier 'confident' on China, EU growth

Business | Securities
2011-9-14

SHANGHAI'S key stock index erased early losses to close up today as Premier Wen Jiabao expressed his confidence in China and Europe's economies. The benchmark Shanghai Composite Index rose 0.55 percent to 2,484.83...

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Shares fall as Premier maintains prudent monetary stance

Business | Securities
2011-9-14

SHANGHAI'S key stock index fell in the morning session on fear for more monetary tightening measures. The benchmark Shanghai Composite Index fell 0.52 percent in the morning session to 2,458.42 points. Turnover...

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Bets on euro zone progress boost shares

Business | Securities
2011-9-14

US stocks gained yesterday as investors bought shares beaten down in recent weeks and bet European leaders would take action soon to ease the Greek debt crisis. Worries the euro zone crisis could tip the global...

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Price a priority as shares drop

Business | Securities
2011-9-14

SHANGHAI'S key stock index yesterday fell to a one-week low as concerns continued over the debt crisis in Europe and tighter monetary policies in China. The Shanghai Composite Index dropped 1.1 percent to 2,471.31...

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Stocks touch 14-month low on rate hike risk

Business | Securities
2011-9-13

SHANGHAI'S key stock index fell to the lowest in 14 months today on concerns over the worsening debt crisis in Europe and that tightening policies may continue in China after new lending in August increased. The...