Friday, November 27, 2015   

Hang Seng dips by break
(01-09 12:20)

Hong Kong shares fell 0.12 percent in the morning session Thursday following losses on Wall Street after US Federal Reserve meeting minutes showed policymakers believed the economy could withstand reduced monetary stimulus.
The benchmark Hang Seng Index lost 26.72 points to 22,969.87 on turnover worth HK$35.75 billion, AFP reports.
The minutes of the Fed's December 17-18 policy meeting showed that "most'' policymakers "had become more confident'' that labour market conditions would continue to improve if the Fed cut its monetary stimulus.
The minutes documented the discussion that preceded the Fed's December 18 announcement that it was trimming asset purchases by US$10 billion to US$75 billion a month beginning in January.   
Other Business breaking news:
CITIC Securities confirms China regulator’s investigation (11-26 20:04)
Average US rate on 30-year mortgage slides to 3.95pc (11-26 18:52)
British bank Barclays fined US$108m over financial crimes risk (11-26 18:08)
Hang Seng gives up gains at close (11-26 16:39)
Alibaba Group makes move on SCMP, insider says (11-26 14:28)
HK, China stocks rally (11-26 13:50)
Deere & Co posts profit, but sales of tractors, bulldozers drop (11-26 13:33)
US state demands fixes for 16,000 more Volkswagen, Audi, and Porsche diesels (11-26 13:11)
Volkswagen fined US$12.3 over dirty Tiguan diesels in Korea (11-26 12:39)
Osborne abandons UK tax credits (11-25 21:32)

More breaking news >>

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