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Friday, May 24, 2013

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European bourses steady in early trade
12-23 16:24
European stocks steadied in opening deals, with many investors away for extended Christmas holidays. London's FTSE 100 index of leading shares rose 0....

Gas cartel fears mount as Moscow meeting starts
12-23 16:14
Ministers from gas-exporting countries are meeting in Moscow to put the finishing touches to their new club amid Western fears it may act as the gas equivalent o...

Shaw shares soar at buyout offer
12-23 15:47
Shaw Brothers (Hong Kong) shares rose by a record 56 percent after its largest stockholder made a HK$1.33 billion offer to buy out the company. Shaw ...

800b won cash relief for Hynix
12-23 15:32
Creditor banks have agreed to inject 800 billion won (HK$4.65 billion) into South Korea's Hynix Semiconductor, the world's second largest memory chipmaker, t...

Sina buys Focus assets in US$1.4b deal
12-23 13:03
Mainland web portal operator Sina Corp has agreed to buy a large part of advertising giant Focus Media for US$1.4 billion (HK$10.92 billion) in stock. ...

Crisis may cost up to 25m jobs, warns OECD chief
12-23 12:14
Two global industrial giants warned of deeper troubles next year and a key economic official said the crisis could cost up to 25 million jobs. US heavy eq...

Seoul leads regional bourses to lower ground
12-23 10:42
South Korean shares closed 3 percent lower on concerns about the economy and company earnings. The KOSPI index ended down 35.30 points at 1,144.31. ...

Mainland shares end in slump on rates disappointment
12-23 10:32
Mainland shares closed down 4.55 percent as a smaller-than-expected interest rate cut from the central bank overnight failed to boost market sentiment, dealers sai...

Wall Street retreats in face of earnings worries
12-23 10:30
US stocks fell, erasing last week's advance, as a deteriorating outlook for earnings and property offset expectations that government efforts to revive the econom...

Hang Seng ends 2.8pc lower on mainland stocks, profit-taking
12-23 10:23
Hong Kong shares closed 2.8 percent lower, as mainland stocks suffered after a smaller-than-expected interest rate cut by Beijing. The Hang Seng closed...

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