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Market falls to 14-month low

Business | Securities
2011-9-13

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

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Late rally pushes stocks higher; 2nd gain in Sept.

Business | Securities
2011-9-13

A late afternoon rally pushed the US stock market higher for only the second day this month. Major indexes spent most of yesterday lower as investors worried that Greece could be edging closer to default. The yield...

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US stocks plunge as worries about Europe intensify

Business | Securities
2011-9-10

THE problems that weighed down stocks all summer show no sign of letting up. US stocks plunged yesterday, erasing the week's gains, amid rising fears about fallout from Europe's debt crisis. Seeking safer investments,...

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Index ends lower for 2nd week in a row

Business | Securities
2011-9-10

SHANGHAI stock market yesterday fell, dragging the benchmark index to a second weekly decline, with investors still uncertain whether China will ease its monetary tightening following a slowing, but still high, inflation. ...

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Stocks end week down despite promising CPI data

Business | Securities
2011-9-9

SHANGHAI stock market erased morning gains and ended slightly lower today with investors remaining uncertain whether China will ease its monetary tightening following slowing but still high inflation. Meanwhile,...

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Shares edge up on positive CPI data

Business | Securities
2011-9-9

SHARES in Shanghai broke a weekly drop in the morning session today after China announced slower inflation growth in August while investor confidence over the US economy improved following President Obama's US$447...

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Stocks slide after Bernanke offers no new stimulus

Business | Securities
2011-9-9

STOCKS closed sharply lower yesterday after Federal Reserve Chairman Ben Bernanke offered no specific plans to prop up the economy. In a speech closely watched by investors, Bernanke said the Fed will consider...

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Yuan QFII trials soon

Business | Securities
2011-9-9

THE People's Bank of China, the central bank, may start yuan QFII trials soon, allowing yuan funds raised in Hong Kong to be invested in the mainland's securities market, a senior official said yesterday. QFII,...

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More debt sold

Business | Securities
2011-9-9

CHINA sold more Japanese debt than it bought for a ninth month, according to a statement from Japan's Ministry of Finance released in Tokyo yesterday. China sold a net 348.7 billion yen (US$4.5 billion) in money-market...

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Investors cautious over economic data

Business | Securities
2011-9-9

SHARES in Shanghai fell yesterday as investors sat on the sidelines worried that China's economic data, which are due today, may turn worse than expected. The Shanghai Composite Index, which has tumbled 11 percent...

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Stocks close down from opening highs

Business | Securities
2011-9-8

THE Shanghai stock market retreated from a high opening and closed lower today, with cement-maker blue chips sinking in the thin trading session. The Shanghai Composite Index was down 0.68 percent to 2,498.94....

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Cement makers drag down stocks

Business | Securities
2011-9-8

THE Shanghai stock market retreated from a high opening and closed lower by the midday break, with cement-maker blue chips sinking in the thin trading session. The Shanghai Composite Index was down 0.14 percent...

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Stocks surge after Germany upholds bailout plan

Business | Securities
2011-9-8

A broad rally broke a three-day losing streak in the stock market yesterday as fears about Europe's debt crisis ebbed. Stocks rose sharply after a German court backed the country's role in bailing out other European...

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Key index climbs the most in 2 weeks

Business | Securities
2011-9-8

SHARES in Shanghai yesterday snapped a four-day losing streak and rose the most in two weeks, with financial counters leading gainers on expectations that China might ease its monetary tightening. The Shanghai...

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Stock break four-day losing streak

Business | Securities
2011-9-7

SHARES in Shanghai snapped out of a four-day losing streak and rose the most in nine trading days today, with financials leading blue chips higher on expectations that China might ease its monetary tightening. The...