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FTSE sinks on China data, U.S. stimulus concern
LONDON, May 23 (Reuters) – Britain’s top shares fell sharply on Thursday as weak Chinese economic data and worry the U.S. Federal Reserve could soon taper its stimulus programme led to profit-taking…
Hong Kong shares to start down 0.2 pct, Belle sinks after earnings
HONG KONG, March 26 (Reuters) – Hong Kong shares were set to start weaker on Tuesday, dragged down by a 2.2 percent slide for Belle International after China’s top footwear retailer by market value…
Wall Street sinks after election as “fiscal cliff” eyed
NEW YORK (Reuters) – The Dow industrials lost more than 300 points in a sell-off on Wednesday that drove all major stock indexes down over 2 percent in the wake of the presidential election as investors’ focus shifted to the … Continue reading
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Questcor sinks after Aetna cuts reimbursement coverage
(Reuters) – America’s third-largest health insurer, Aetna Inc , said it would no longer reimburse Questcor Pharmaceutical’s sole drug for most diseases, wiping off more than $ 1 billion of the…
Hong Kong shares to open down 0.5 pct, Li & Fung sinks further
HONG KONG, Sept 5 (Reuters) – Hong Kong shares were poised to start lower on Wednesday, dragged down by a 2.7 percent loss for global supply chain manager Li & Fung after more disappointing U.S. data.
Walmex stock sinks on likely money laundering probe
MEXICO CITY (Reuters) – Wal-Mart de Mexico shares fell more than 5 percent on Wednesday after two U.S. congressmen investigating bribery allegations at Mexico’s top retailer said they had evidence…
Stock markets fall as evidence of economic slowdown sinks in
Stocks fell more than 2 percent on Thursday, as mounting evidence of a global economic slowdown seemed to sink in for investors. After several days of shrugging off a string of bad news, confidence in the strength of the global economy … Continue reading
June consumer sentiment sinks to six-month low
NEW YORK (Reuters) – Consumer sentiment fell in early June to a six-month low on worries about deterioration in the jobs market and Europe’s festering debt crisis, a survey released on Friday showed.
Wall Street sinks on jobs data, Dow negative for 2012
NEW YORK (Reuters) – Stocks fell more than 2 percent on Friday, dragging the Dow into negative territory for the year after a dismal U.S. jobs report added to fears that Europe’s spiraling debt crisis was dragging down the world … Continue reading
GasLog sinks on debut, rising LNG demand offers hope
(Reuters) – Shares of liquefied natural gas (LNG) carrier operator GasLog Ltd fell 12 percent in their market debut but rising LNG exports make the company a good bet.