Tuesday, March 31, 2015   

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:
Nikkei falls on last day of Japanese financial year (11 mins ago)
German dairies invest despite ending of EU milk quotas (1 hr 48 mins ago)
Oil prices tumble in Asia (2 hrs 10 mins ago)
Hang Seng, Shanghai climb (2 hrs 13 mins ago)
Asian equities rally (03-31 10:36)
Fuyao Glass gains on debut (03-31 10:35)
Developer Kaisa delays filing of annual results, trading suspended (03-31 10:30)
Hang Seng, Shanghai open higher (03-31 09:50)
European stocks close higher (03-31 09:49)
Swiss bank BSI fined US$211m for US tax dodging schemes (03-31 09:45)

More breaking news >>

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