Post Tagged with: "markets"

China and Hong Kong stocks maintain gains ahead of economic data release and trade talks resumption

China and Hong Kong stocks maintain gains ahead of economic data release and trade talks resumption

Chinese and Hong Kong stocks rose on Friday, with both benchmarks capping weekly gains, as investors keep an eye out on preliminary January economic data and high-stakes US-China trade talks due next week. The Shanghai Composite Index added 0.4 per cent to 2,601.72 at the close, and the Hang Seng […]

Neither fat finger nor manipulation responsible for US$41 billion flash crash, says Singapore Exchange

Neither fat finger nor manipulation responsible for US$41 billion flash crash, says Singapore Exchange

What was shaping up to be a ho-hum market open in Singapore suddenly became the most dramatic session in years, with a haphazard spree of sell orders?causing a US$41 billion crash in the city?s biggest stock on Thursday. Jardine Matheson Holdings, the flagship investment firm of a 186-year-old conglomerate that […]

Hong Kong developers finished building 21,000 new homes last year, most in 14 years and ahead of official target

Hong Kong developers finished building 21,000 new homes last year, most in 14 years and ahead of official target

The number of private homes built in Hong Kong last year beat the government?s target and hit a 14-year high, helping to bring a 28-month bull run in the city?s property market to a halt. Figures released by the Transport and Housing Bureau on Friday showed that construction of 21,000 […]

Head of China?s securities watchdog Liu Shiyu replaced by top banker

Head of China?s securities watchdog Liu Shiyu replaced by top banker

The chairman of the China Securities Regulatory Commission, Liu Shiyu, has been replaced by the boss of Industrial and Commercial Bank of China (ICBC), state media reported on Saturday. Liu has been given a new position as deputy party secretary of the All-China Federation of Supply and Marketing Cooperatives, Xinhua […]

Sensex falls 169 points to close at 36,026

Sensex falls 169 points to close at 36,026

MUMBAI: The BSE benchmark Sensex gave up initial gains Friday and closed 169 points lower at 36,025.54 as shares of Maruti Suzuki cracked after weak Q3 earnings, offsetting gains in Yes Bank, HDFC, ITC and TCS. After surging over 250 points during the day to touch an intraday high of […]