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Stocks plunge after US hiring dries up in August

Business | Securities
2011-9-3

A dismal jobs report caused stocks to plunge yesterday. The Dow Jones industrial average dropped 253 points, or 2.2 percent, wiping out its gains for the week. All 30 stocks in the average fell. No jobs were...

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Index falls on worries over tight liquidity

Business | Securities
2011-9-3

SHANGHAI'S key stock index yesterday fell, capping its biggest weekly loss in three months, on concerns that monetary policies will remain tight despite a possible easing in inflationary pressure in August. The...

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Stocks end week down as money controls likely to stay

Business | Securities
2011-9-2

SHANGHAI'S key stock index dropped today on concerns that monetary policies will remain tight despite a possible ease in inflationary pressures in August. The benchmark Shanghai Composite Index fell 1.09 percent...

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Policy worries cost market 1.3% in morning

Business | Securities
2011-9-2

SHANGHAI'S key stock index dropped in the morning session on concerns that monetary policies will remain tight despite possible ease of inflationary pressure in August. The benchmark Shanghai Composite Index fell...

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Banks stocks lead market lower, ending 4-day rally

Business | Securities
2011-9-2

A four-day rally on the stock market ended yesterday with a slump led by banks. Many investors also sold stocks ahead of the government's monthly jobs report Friday, fearful that it might revive worries that the US...

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Lowest IPO listings in 2 years

Business | Securities
2011-9-2

THE number of initial public offerings by Chinese companies fell to the lowest in two years in August as financial institutions have grown lukewarm toward IPOs while declines in global markets over the debt crisis...

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Index dips after PMI rebounds slightly

Business | Securities
2011-9-2

SHANGHAI'S key stock index yesterday fell to the lowest level in a week after China's industrial data revealed a slow expansion in manufacturing. The Shanghai Composite Index fell 0.4 percent to 2,556.04 points,...

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Tide turns on Chinese IPOs

Business | Securities
2011-9-1

THE scale of Chinese company initial public offerings has slumped to the lowest in two years in August as distrust over China-concepts lingers and overseas markets are driven down by debt fears, China Venture reported...

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Sluggish PMI, inflation bear down on stocks

Business | Securities
2011-9-1

SHANGHAI'S key stock index dipped after China's industrial data showed slow manufacturing expansion and Premier Wen Jiabao pledged to control inflation. The benchmark Shanghai Composite Index fell 0.44 percent...

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Shanghai shares down on weak industrial data

Business | Securities
2011-9-1

SHANGHAI'S key stock index dipped in the morning session after China's industrial data showed slow expansion of manufacturing activities, but the growth of export, domestic consumption, and investment may all fell...

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Dow up for a fourth day, turns positive for 2011

Business | Securities
2011-9-1

IT'S a quiet end to a wild month for financial markets. Stocks edged higher yesterday on a report that factory orders surged in July. The Dow Jones industrial average turned higher for the year. The Dow's four-day...

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Revenue, Profit Growth Slows At Mainland-listed Firms

Business | Securities
2011-9-1

REVENUE and net profit at Chinese mainland-listed firms grew at a slower pace in the first half of this year, according to data compiled by Securities Times. A total of 2,209 firms listed in the mainland markets...

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Shares close flat as investors cautious

Business | Securities
2011-9-1

SHANGHAI'S stock market closed flat yesterday as it saw the worst month since May, amid investor caution ahead of the release of China's macro-economic data. The Shanghai Composite Index edged up 0.03 percent...

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Stocks end flat in worst month since May

Business | Securities
2011-8-31

SHANGHAI'S stock market was flat today, ending the worst month since May as investors remained cautious ahead of an official industrial data release. The benchmark Shanghai Composite Index edged up 0.03 percent...

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Market keeps sliding in morning

Business | Securities
2011-8-31

SHANGHAI'S key stock index continues to fall as market sentiment remained low amid tightening measures. The benchmark Shanghai Composite Index fell 0.72 percent to 2,548.19 points. Turnover fell to 33.8 billion...