Posts Tagged ‘ Monday ’

Asian stocks end up on Wall Street lead

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HONG KONG – Asian markets rose on Monday, following a positive lead from Wall Street as dealers look ahead to the release of key economic data and European elections over the next week. (more here…) Related items Asian stocks plunge on first day of trading after U.S. downgrade Asian stocks dip after U.S. credit...

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Shanghai rebar hits 6-week low, demand woes weigh

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SINGAPORE: Shanghai steel futures dropped to their weakest level in more than six weeks on Monday, pressured by concerns over slow demand in top market China, which has stalled prices of raw material iron ore after recent gains. (read on…) Related items Shanghai steel at weakest level Yao Ming joins Shanghai committee Shanghai Noir:...

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Copper rises after China data, Shanghai shut

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London copper futures opened higher on Monday, the first trading day of the second quarter, spurred by upbeat Chinese manufacturing data that helped calm fears about a sharp slowdown in the world's top … (read the story…) Related items Copper falls on Chinese selling; Shanghai firm Solutia Demonstrates Advanced Architectural and Automotive Glazing Technologies...

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$77 million embezzled from Beijing-Shanghai high-speed rail project

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Beijing, March 19 (IANS) China's auditing authorities Monday said 491 million yuan ($77.84 million) has been embezzled from the Beijing-Shanghai high-speed railway project. (more here…) Related items Australia's Fortescue becomes member of China's ore platform Apple, Proview trade barbs during Shanghai trial Indian traders in China to begin legal battle to clear their names...

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Hong Kong shares led higher by China Mobile, Shanghai weak

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HONG KONG (Reuters) – Hong Kong shares reversed early losses to end higher on Monday, powered by a surge in China Mobile, but gains were capped by chart resistance ahead of a slew of corporate earnings this week. China Mobile surged to its highest since August 2009, after HSBC upgraded the Hong Kong-listed shares...

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China shares end lower as property stocks hit by central bank comments

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China shares ended 0.2 percent lower on Monday, led by property developers, after the head of the Chinese central bank said that the government was not using bank reserve requirement ratio cuts to help … (more here…) Related items GE to Buy 15% Stake in XD Electric for $536 Million China to construct more...

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