SHANGHAI, March 31 - China’s main stock index, hit by heavy new supplies of shares and slowing corporate profit growth, slid 3.00 percent on Monday to end the first quarter of this year with a loss of 34 percent, its biggest quarterly loss since 1992.
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.
Banks Not in Crisis over ‘Margin Loans’, Say CEOs
Chief Executive Officers (CEOs) of banks in the country yesterday dispelled speculations that following the recent steep fall in stock prices, banks had incurred monumental losses from share purchase loans granted investors.
Charles Pretzlik: LSE watch – shares near offer price
We are on LSE watch again today, the last trading day before Nasdaq’s offer closes. Shareholders have until lunchtime tomorrow to accept the £12.43 a share offer but with the stock trading above that this morning – down 13p at £12.69 – Nasdaq seems likely to lose.
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