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Stocks end week down on bleak global outlook

Business | Securities
2011-9-23

SHANGHAI stock market extended yesterday's losses and fell to the lowest in more than 14 months following a brutal sell-off in overseas markets amid concerns over global economic prospects. The Shanghai Composite...

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Stocks down as investors take cue from US markets

Business | Securities
2011-9-23

THE Shanghai stock market extended yesterday's losses but managed to recover from sharply lower opening amid concerns over global economic prospects. The Shanghai Composite Index lost 0.91 percent to 2,420.94....

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Dow sinks 3.5% amid global rout

Business | Securities
2011-9-23

US stocks suffered a brutal sell-off yesterday fueled by the Federal Reserve's stark warning about the health of the US economy. The Dow Jones Industrial Average ended the day down 391.01 points (3.51 percent)...

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Dow falls 391 on worldwide fears about economy

Business | Securities
2011-9-23

INVESTORS began giving in to fears yesterday that a global recession is already under way, and stock markets shuddered around the world. Selling started in Asia, picked up speed in Europe and sent Wall Street near...

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Index falls as caution prevails

Business | Securities
2011-9-23

SHARES of financial institutions, real estate developers and commodity firms tumbled in Shanghai yesterday, pulling the key index down by the most in six weeks, as investors stayed cautious over prospects for China's...

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Stocks plunge as investors hold back capital

Business | Securities
2011-9-22

SHARES in Shanghai tumbled today with financials, developers and commodities weighing on the market as investors stayed cautious over the prospects of the country's growth while the Federal Reserve also warned "significant...

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Shares retreat on US downside risk

Business | Securities
2011-9-22

THE Shanghai stock market retreated from yesterday's rally, dragged down by developers and cement producers while investor confidence dampened after the Federal Reserve cautioned downside risks to the US economy. ...

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Stocks plunge after Fed announces stimulus steps

Business | Securities
2011-9-22

THE Federal Reserve did what investors expected yesterday - it said it would buy Treasury bonds to help the economy. But stocks fell anyway. The reason? The Fed made it clear that it thinks a full economic recovery...

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HK shares close at lowest in 2 years

Business | Securities
2011-9-22

HONG Kong stocks fell yesterday, dragging the Hang Seng Index to its lowest close in two years, after the International Monetary Fund cut its global economic growth forecast and predicted "severe" repercussions if...

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Index adds the most in 4 weeks

Business | Securities
2011-9-22

SHARES in Shanghai gained the most in four weeks yesterday, sending the key index 2.7 percent higher to end above 2,500 points with turnover almost doubling from that in each of the previous three sessions. The...

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'Technical rebound' sends stocks up again

Business | Securities
2011-9-21

SHARES in Shanghai posted the biggest gain in four weeks, sending the benchmark index back above the 2,500 points mark with turnover almost doubling from the previous three sessions. The Shanghai Composite Index...

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Rare stock rally on nuclear plans

Business | Securities
2011-9-21

SHANGHAI stock market posted a rare rally in the morning session with the benchmark index jumping more than 2 percent after a report stated that China would resume approvals for new nuclear power plants next year. ...

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Stocks end mixed as promise of Greek debt fix dims

Business | Securities
2011-9-21

INVESTOR optimism faded in a hurry yesterday after two days of conferences ended with no resolution to Greece's debt crisis. Stocks erased nearly all of their gains in the last hour of trading after rallying for...

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Financials lead hard climb from the depths

Business | Securities
2011-9-21

SHANGHAI stock market climbed out of a 14-month low in lackluster turnover yesterday, as rebounds in beaten-down financials countered losses in underperforming property plays. The Shanghai Composite Index edged...

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Conflicting signals over stance

Business | Securities
2011-9-21

CHINA may regulate a controversial corporate structure that enables domestic companies to lure foreign investment, the Ministry of Commerce said yesterday, adding to uncertainties over the government stance on the...