Monday, January 26, 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:
ECB stimulus will boost China's exports: official (01-23 19:25)
More mainlanders visit HK last year: HKTB (01-23 19:24)
Eurozone economy picks up in January: survey (01-23 19:14)
Adidas says profits hit by falling ruble, divestment (01-23 18:55)
Ratio of Chinese banks' bad loans jumps in Q4 (01-23 18:42)
Use of yuan for cross-border business growing (01-23 18:28)
Hang Seng, Shanghai end higher (01-23 18:26)
European stocks open higher on ECB stimulus (01-23 18:25)
Hutchison Whampoa says in talks to buy Britain's O2 (01-23 14:25)
Kia Motors Q4 net profit slumps (01-23 14:25)

More breaking news >>

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