Chinese Shares Slump After Stock Trading Tax Hike
China increased its tax on share trades, leading to a 6.5 percent drop in its main stock index and jitters throughout Asian markets. Joseph Popiolkowski reports from Hong Kong.
May 30, 2007
U.S. stocks fall, dollar rises after rate rise
NEW YORK, Sept 20 (Reuters) - U.S. stocks fell and the dollar rose on Tuesday after the Federal Reserve raised interest rates for the 11th straight time and signaled more increases to come.
Free Stock Picks in our Podcast Interviews
Don't forget that many of our observations are available as audio presentations that you can hear on your computer or download from Apple's iTunes Music Store to play on a portable device such as an iPod ( Read More )
Shanghai market falls after hike in stamp tax on stock trading
Shanghai- The Shanghai markets slid nearly 6 per cent on opening Wednesday after an announcement of a hike in stamp tax on stock trading. The Shanghai Composite index opened lower at 4,087.41 points, 247.51 points, or 5.78 per cent down from Tuesday'
