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  • Asian Markets Fall; Nikkei Down 3.1 Pct (Shanghai -5.7%, HK -3.5%)

    04/14/2008 2:09:33 AM PDT · by TigerLikesRooster · 10 replies · 65+ views
    AP ^ | 04/14/08
    Asian Markets Fall; Nikkei Down 3.1 Pct Monday April 14, 4:50 am ET Asian Markets Fall on Poor Wall Street Performance, Worries About US Economy BANGKOK, Thailand (AP) -- Asian markets fell Monday after Wall Street tumbled late last week on concerns over a slowdown in the U.S. economy and the outlook for corporate profits. Japan's Nikkei 225 index fell 3.1 percent to close at 12,917.5, while Hong Kong's Hang Seng index was down 3.5 percent at 23,797.4 in afternoon trading. The region's biggest declines came in China, where the Shanghai Composite Index plunged 5.7 percent by midafternoon to 3,294.0....
  • China: China's benchmark stock index tumbles 5.4 percent on declines in PetroChina

    03/27/2008 3:31:47 AM PDT · by TigerLikesRooster · 18 replies · 422+ views
    AP ^ | 03/27/08
    China's benchmark stock index tumbles 5.4 percent on declines in PetroChina AP - 56 minutes ago SHANGHAI, China - China's benchmark stock index tumbled 5.4 percent Thursday to its lowest level in 11 months, dragged down by dramatic declines in PetroChina and other large cap stocks. The main Shanghai Composite Index fell 195.36 points to close at 3,411.49 points, its lowest finish since April 9. The benchmark index on the smaller Shenzhen exchange shed 4.2 percent to 1,161.66. PetroChina, China's biggest oil producer, led the declines, dropping 8.3 percent to 16.99 yuan, slightly above its IPO price of 16.70. PetroChina...