Wednesday, March 4, 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:
(Mobile World Congress) BlackBerry unveils mid-market Leap phone (03-03 19:22)
European development bank takes Greece to heart (03-03 19:18)
Glencore takes US$1b hit on falling commodity prices (03-03 18:43)
China Unicom reports 15b yuan profit, gains 18m mobile subscribers (03-03 17:58)
Hang Seng, Shanghai down at close (03-03 16:23)
European stocks open higher (03-03 16:11)
Barclays bank slides into annual net loss (03-03 15:41)
Solid rise for German retail sales in January (03-03 15:12)
Macau January gambling revenues slump 48pc (03-03 14:30)
Losses mount at Socam (03-03 14:26)

More breaking news >>

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