HONG KONG, Aug 9 — Hong Kong stocks closed with gains today following a strong US jobs report though the data stoked concerns that the Federal Reserve will have to tighten monetary policy sooner rather than later to prevent
the economy from overheating.The Shanghai Composite Index jumped 1.05 per cent, or 36.41 points, to 3,494.63, while the Shenzhen Composite Index on China’s second exchange rose 0.81 per cent, or 19.78 points, to 2,462.84. — AFP
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Media: Virgin Atlantic plans to list on London stock market | Malay MailLONDON, Aug 7 — The British airline Virgin Atlantic is planning to list on the London Stock Exchange in the coming months, UK media reported on Saturday. According to broadcaster Sky News, which cited sources in the City of London, the carrier has been consulting with investors with a likely...
Source: malaymail - 🏆 1. / 86 Read more »
Asia stocks spooked by sudden slide in gold | Malay MailSYDNEY, Aug 9 — Asian shares wobbled today amid sharp losses in gold and oil prices, while the dollar held near four-month highs after an upbeat US jobs report lifted bond yields. Sentiment was shaken by a sudden dive in gold as a break of US$1,750 (RM7,396.37) triggered stop loss sales taking it...
Source: malaymail - 🏆 1. / 86 Read more »