Saturday, December 20, 2014   

Hang Seng dives on back of US
(02-04 11:17)

Hong Kong shares have fallen more than 2 percent in opening trade, following huge losses on Wall Street that were fueled by weak US economic data.
The Hang Seng Index fell 473 points to 21,561 on opening. The Secretary for the Treasury, K C Chan, says the drop in US markets was down to two main factors -- economic data and the Fed's tapering of its bond-buying stimulus program, RTHK reports.
Speaking at the first session of the local stock exchange after the new year, he told reporters the US was still doing "generally okay".
   
Other Business breaking news:
Govt looks to provide 20k flats this year (12-19 17:21)
German consumer confidence on the rise (12-19 16:58)
BYD recovers partially after plunge (12-19 16:29)
Hang Seng finishes higher (12-19 16:28)
BOC Aviation adds two more Boeing jets to earlier order spree (12-19 14:46)
Nikkei finishes higher (12-19 14:24)
Hang Seng jumps at noon (12-19 13:02)
BoJ strikes more upbeat view on economy, holds off fresh measures (12-19 12:16)
China total GDP revised up 3.4% in 2013: govt (12-19 11:26)
Nikkei up by break (12-19 11:17)

More breaking news >>

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