Hong Kong shares open lower on weak Wall St; HSBC, Hang Seng Bank in focus

Posted by admin on August 4, 2008 under News | Be the First to Comment

Hong Kong shares open lower on weak Wall St; HSBC, Hang Seng Bank in focus
HONG KONG (XFN-ASIA) – Share prices opened lower on Wall Street's weakness last Friday following the release of a fresh batch of negative US economic data. The Labor Department said jobs fell for the …

Citigroup to be charged by Cuomo, faces SEC probe (Reuters)

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Citigroup to be charged by Cuomo, faces SEC probe (Reuters)

Reuters – New York Attorney General Andrew Cuomo plans to imminently charge Citigroup Inc , accusing it of fraudulently marketing and selling auction-rate securities, and destroying documents that had been subpoenaed.

Stocks in focus for Monday

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Stocks in focus for Monday
Become a better trader with technical analysis of the market's trading ranges, exit and entry points, breakout signals and more — including five stocks poised to move in each issue.

Global stocks, euro shrug off inflation, U.S. GDP eyed (Reuters)

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Global stocks, euro shrug off inflation, U.S. GDP eyed (Reuters)

Reuters – Global stocks ticked higher on Thursday in the afterglow of a concerted central bank move to boost liquidity but a rebound in oil and disappointing results from some major companies capped gains.

Airline stocks rise with falling oil prices

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Airline stocks rise with falling oil prices
) rose 1.3% to 21.35 points with nine of its 14 components trading up. Oil prices for the September contract were off $1.38 to $123.72 a barrel. Network carriers were leading the way skyward, with U…

Financials, Goldcorp help lift TSX (Reuters)

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Financials, Goldcorp help lift TSX (Reuters)

Reuters – The Toronto Stock Exchange’s main index regained early losses to move slightly higher on Thursday morning, pulled up by stronger financials and merger news in the gold mining sector.