Monday, September 1, 2014   

Hang Seng slumps, Shanghai gains
(04-30 16:41)

Hong Kong shares sank 1.42 percent Wednesday as investors braced for the US Federal Reserve to announce a possible further cut in its multi-billion-dollar asset purchase scheme.
The benchmark Hang Seng Index ended down 319.92 points at 22,133.97 on turnover of HK$67.15 billion.
Chinese stocks closed up on the last trading day of the week before a public holiday, but gains were capped by tepid interest, dealers said.
The benchmark Shanghai Composite Index rose 0.30 percent, or 6.02 points, to 2,026.36 on turnover of 57.7 billion yuan. The index slid 0.50 percent for the week.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 0.76 percent, or 7.74 points, to 1,027.58 on turnover of 60.3 billion yuan. It fell 0.88 percent over the week. --AFP   
Other Business breaking news:
Macau gaming revenue down in August (9 mins ago)
Germany runs up surplus in first half (30 mins ago)
CaixaBank to buy Barclays Spain operations (47 mins ago)
Nikkei ends higher (1 hr 10 mins ago)
Hang Seng flat by break (09-01 12:13)
China manufacturing growth slows in August: surveys (09-01 11:53)
Samsung to merge shipbuilding, engineering units (09-01 11:52)
Nikkei up at midday (09-01 11:52)
Eurozone inflation falls in August (08-29 17:39)
Hang Seng finishes flat (08-29 17:02)

More breaking news >>

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