Wednesday, September 2, 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:
London stocks deep in the red (09-01 21:17)
(Fashion) LVMH picks Apple exec for digital foray (09-01 20:57)
Canada slips into recession (09-01 20:54)
Yahoo CEO Mayer expecting twins at 40 (09-01 19:56)
Kevin Kelley named chief operating officer at Galaxy (09-01 19:16)
IMF chief warns emerging economies to brace for spillover from China slowdown (09-01 18:36)
(Technology) Curtail Windows 10 from tracking personal data (09-01 18:15)
China services sector activity slows (09-01 17:50)
Eurozone jobless rate drops below 11pc (09-01 17:17)
(Market turmoil) European sell-off worsens (09-01 17:09)

More breaking news >>

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