Thursday, October 23, 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:
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Takata shares drop on report of US air bag probe (37 mins ago)
China manufacturing sector grows faster in October: survey (40 mins ago)
Sk Hynix logs all-time high Q3 earnings (41 mins ago)
Apple computer sells for record US$905K in NY: Bonhams (41 mins ago)
Heineken Q3 sales dip, but toasts 2014 outlook (10-22 18:38)
Boeing and Chinese firm to turn 'gutter oil' into jet fuel (10-22 18:37)
EU's Juncker promises careful look at US trade deal (10-22 18:25)
Apple chief meets Chinese official amid iCloud hacking row (10-22 17:25)
Shaky Japanese economy hit by growing trade deficit (10-22 17:19)

More breaking news >>

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