Tuesday, March 31, 2015   

Hang Seng tumbles on rates rise hint
(03-20 09:49)

Stocks in Hong Kong fell 1 percent in the first few minutes of trade, after the head of the US Federal Reserve hinted that interest rates could go up in the early part of next year.
The benchmark Hang Seng Index slipped 216.20 points to 21,352.49.
In Shanghai, shares were down slightly in morning trade, tracking overnight losses in US stocks, dealers said.
The benchmark Shanghai Composite Index slipped 0.11 percent, or 2.30 points, to 2,019.43. The Shenzhen Composite Index, which tracks stocks on China's second exchange, edged down 0.04 percent, or 0.44 points, to 1,094.00.—AFP

   
Other Business breaking news:
Central bank cuts downpayment rate in China to 40pc (03-30 19:20)
Ex-Fed chair Bernanke becomes Brookings blogger (03-30 18:36)
Yuan loses ground in global transactions (03-30 17:33)
Billionaire Soros seeks rich pickings in Ukraine (03-30 17:11)
Wing On profits shrink, Tai Koo store to close (03-30 16:40)
Hang Seng bounces 1.5pc (03-30 16:10)
Nikkei up at close (03-30 16:02)
Positive start for Europe equities (03-30 16:01)
Shanghai, Shenzhen bull run continues (03-30 15:45)
Hang Seng, Shanghai rally (03-30 14:04)

More breaking news >>

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