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May 30, 2007

FOREX-Euro falls vs yen after China raises stamp duty

NEW YORK, May 29 (Reuters) - The euro fell versus the Japanese yen on Tuesday after China said it will raise a stamp duty on stock trading, in an attempt to curb speculation in the equity markets.

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More Volatility in Sight for China's Markets

FP Trading Desk submits: Remember those stories you read earlier this month about China's stock market melting down? Well, forget about them. The market is on the threshold of making a full recovery after its recent bout of volatility.

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Jitters before the Fed

There's a lot of focus on the language,' said Tim Heekin, head of stock trading at Thomas Weisel Partners

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Chinese stocks soar on stimulus hopes

SHANGHAI: China’s main stock index soared more than 7% yesterday because of hopes the government would introduce a stimulus package to boost the slowing economy and aid the stock and property markets.

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