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Showing 2241 - 2250 of 3113 results for "Hong"

Patience is a virtue

BENJAMIN ONG  |  FRIDAY, 10 OCT 2008
Another day, another record on Wall Street - a record fall that is - as a new day brings fresh news that financial Armageddon is nigh. Yesterday's concerted action by 6 of the world's major central banks - plus the Peoples Bank of China - on top of ...

Market Wrap - Morning

AAP  |  FRIDAY, 10 OCT 2008
... Korea and Taiwan, reduced borrowing costs. The Nikkei 225 Average tumbled 45.83 points, or 0.50 per cent, to 9,157.49 points. HONG KONG - The Hang Seng surged 3.3 per cent after it joined South Korea and Taiwan in reducing borrowing costs on Thursday. ...

The global recession we have to have

BENJAMIN ONG  |  THURSDAY, 9 OCT 2008
Central banks threw in the kitchen sink. In a coordinated move, six major world central banks each cut their benchmark target interest rate by 50 basis points in efforts to stem the global panic. The US Federal Reserve lowered the fed funds rate to ...

Market Wrap - Morning

AAP  |  THURSDAY, 9 OCT 2008
... the most to close down 952.5 points, or 9.38 per cent, to 9,203.32, the biggest one-day drop since the 1987 market crash. HONG KONG - Hong Kong ended down 8.17 per cent at its lowest level in more than two years. The benchmark Hang Seng index fell 1,372.03 ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 8 OCT 2008
... and threatened to worsen the economic slowdown. The benchmark Nikkei shed 317.19 points, or 3.03 per cent, to 10,155.90. HONG KONG - Financial markets in Hong Kong were closed on Tuesday for a public holiday. On Monday, the benchmark Hang Seng index ...

Market Wrap - Morning

AAP  |  TUESDAY, 7 OCT 2008
... signs of growing global economic gloom, dumped shares across the board. The benchmark Nikkei shed 465.05 points to 10,473.09. HONG KONG - The benchmark Hang Seng index fell 878.64 points, or 4.97 per cent, to 16,803.76. WELLINGTON - The New Zealand sharemarket ...

Market Wrap - Morning

AAP  |  FRIDAY, 3 OCT 2008
... mortgage debt bailout. The Tokyo Stock Exchange's benchmark Nikkei 225 index shed 213.5 points, or 1.88 per cent, to 11,154.76. HONG KONG - The benchmark Hang Seng index fared better, lifting 194.9 points, or 1.08 per cent, to 18,211.11. WELLINGTON - ...

Market Wrap - Morning

AAP  |  THURSDAY, 2 OCT 2008
... back to life. The Tokyo Stock Exchange's benchmark Nikkei 225 index put on 108.4 points, or 0.96 per cent, to 11,368.26. HONG KONG - The Hong Kong-based market was closed for a public holiday. WELLINGTON - New Zealand shares clawed back the previous ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 1 OCT 2008
... benchmark Nikkei 225 index lost 483.75 points, or 4.12 per cent, to end at 11,259.86, its lowest point since June 9, 2005. HONG KONG - Hong Kong-based shares closed close to one per cent higher on Tuesday after a rollercoaster day saw the bourse fall ...

Market Wrap - Morning

AAP  |  TUESDAY, 30 SEP 2008
... a huge Wall Street bailout package. The benchmark Nikkei 225 fell 149.55 points, or 1.26 per cent, to close at 11,743.61. HONG KONG - The benchmark Hang Seng Index plummeted 801.41 points, or 4.29 per cent, to 17,880.68. WELLINGTON - In New Zealand ...