(Corrects third paragraph to show Bank of Canada issued a statement) (Updates to late morning) By Ellis Mnyandu NEW YORK, Aug 9 (Reuters) - U.S. stocks fell on Thursday as renewed concerns about losses in the U.S. subprime mortgage sector sparked a sell-off, causing investors to flee riskier assets for
ICBC Shares Up By 10% Limit in Shanghai, Record Gain
Aug. 8 (Bloomberg) -- Shares of Industrial & Commercial Bank of China Ltd. rose by a record 10 percent in Shanghai, as investors grabbed a stock trading at a discount to its peers, catapulting the company to the world's fourth-largest by value. Link to original articleTattersall's shares debut at big premium
Shares in gaming giant Tattersall's Ltd have debuted on the Australian Stock Exchange at a significant premium to their issue price, handing lucky investors quick profits.
Oil drops sharply on stronger dollar, sends stocks zooming
Oil fell as low as $115.75 Friday in line with declines across commodities as weaker demand and a stronger U.S. dollar outweighed any supply concerns. The sharp drop in oil helped stocks rebound Friday from a sell-off a day earlier.
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