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Tag

//stock market
off

China stocks tumble on weak factory activity

Korea’s benchmark Kospi index is up 0.32 percent at 1,970 points.
Posted On Sep 23 2015
, By David Lee
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Mainland stocks sink in late trade with volatility at 18-year high

The gauge gained 0.4 per cent to 3,098.29 at the 11:30 a.m. local- time break in volumes 47 per cent below the 30-day average.
Posted On Sep 19 2015
, By David Lee
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Hong Kong shares rise 2 pct on mainland China market surge

The CSI 300 Index of the biggest companies traded in Shanghai and Shenzhen rose 4.98 percent or 157.02 points to end at 3,309.25 points.
Posted On Sep 17 2015
, By Brain Carroll
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United States stocks open higher; Energy sector leads the gains

The use of position limits may be expanded to other contracts if upcoming legislation requires them, the exchange added in a statement. So the Fed needs other tools to influence rates. Markets are also split on what a rate move might mean for markets. He says that the outlook for...
Posted On Sep 16 2015
, By David Lee
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Will the Fed raise interest rates — Economic Daily News

While analysts, economists and investors are eagerly waiting to see whether the Federal Reserve raises interest rates after its meeting later this week, Appelbaum drove into the mechanics of how such a rate hike would work in this weekend’s paper.
Posted On Sep 15 2015
, By David Lee
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Central bank imposes new capital controls to staunch outflows

During the last week in August, the People’s Bank of China drew the attention of traders worldwide by cutting the benchmark lending rate 0.25 percentage point to 4.6%.
Posted On Sep 03 2015
, By Brain Carroll
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Federal Reserve Vice Chairman Fischer Hints Inflation is Likely to Rebound

While Yao Yudong, head of the People’s Bank of China Research Institute of Finance and Banking, last week blamed the Fed for the market turmoil and said a US hike should be delayed, most central bankers from emerging markets contacted by Reuters said it will be better if...
Posted On Sep 03 2015
, By David Lee
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Toronto, US stock markets continue to recover from big declines, loonie rises

North American stock markets seesawed once again on Wednesday as investors couldn’t decide whether to be encouraged by China’s recent move to stimulate its economy or anxious that Beijing thinks it needs stimulus in the first place.
Posted On Aug 27 2015
, By Jennifer Miller
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Dow up 200 points as calm returns to US stocks

Stocks jumped on Wednesday as global markets showed tentative signs of regaining their footing after an extended rout fueled by growth concerns.
Posted On Aug 27 2015
, By David Lee
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US markets surge after China cuts rates

China’s central bank cut interest rates and lowered the amount of reserves banks must hold for the second time in two months on Tuesday, ratcheting up support for a stuttering economy and a plunging stock market that has sent shockwaves around the globe. The Nasdaq...
Posted On Aug 27 2015
, By David Lee
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US stocks surrender some of early surge after 6-day losing streak

U.S. stocks rebounded in afternoon trading Wednesday after slumping for six straight days on concern that growth in China was slowing more quickly than previously thought.
Posted On Aug 26 2015
, By David Lee
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China Gives Bank of England Rate-Setters Food for Thought

The People’s Bank of China reformed the exchange rate formation system on August 11 to better reflect market development in the exchange rate of the Chinese yuan against the US dollar.
Posted On Aug 26 2015
, By David Lee
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US markets trade lower on China concerns

The last market correction was four years ago.
Posted On Aug 26 2015
, By David Lee
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US stocks end volatile session with steepest losses in 4 years

The pan-European FTSEurofirst 300 was last down 5 percent at 1,355 points, wiping around 400 billion euros ($460.16 billion) off the index and taking its losses for the month to more than 1 trillion euros. The Nasdaq composite declined 19.76 points, or 0.4 percent, to 4,506.49....
Posted On Aug 26 2015
, By David Lee
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China Cuts Rates For Fifth Time Since November, Injects Fresh Stimulus After

China’s central bank today (Aug 25) cut interest rates and lowered the amount of reserves the country’s banks must hold, cranking up support for a stuttering economy and a plummeting stock market that has sent shockwaves around the globe.
Posted On Aug 26 2015
, By David Lee
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