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Yahoo! Finance RSS Feed (Chinese)
Provides news feeds for all major newspaper in HK, including 東方日報, 明報, 星島日報, 太陽報...etc. This is the article source of the above news. |
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CNN / Money: RSS
Provides finance related news feeds from money.cnn.com. I would recommend you to subscribe the "Markets" feed. |
Daily Finance World News / Chinese finance news
Stocks tumbled Thursday as a rash of job cuts at major companies added to jitters ahead of the November jobs report.
Bank of America CEO Ken Lewis has no shortage of distractions nowadays.
Money flowed out of mutual funds last week, erasing a spike in deposits from the week before, as market volatility continued to undermine investors' confidence.
Bank-to-bank lending rates continued to march lower, as a trio of European central banks slashed their key interest rates, a move that markets had largely expected.
When new clients come to me, I ask them a few questions about risk. One is "What would you do if the value of your stocks fell by 50%?"
The credit markets showed slightly improved confidence Wednesday, as lending rates fell ahead of expected interest rate cuts by Europe's central banks.
Oil prices fell to nearly a 4-year low Thursday, dipping below the $44-a-barrel mark, as concern about the economies of Europe and the United States continued to weigh on energy demand.
The U.S. dollar gained against most major currencies Wednesday, ahead of expected interest rate cuts by European central banks this week and amid volatile global equity markets.
The hits just keep on coming for Wall Street.
Gas prices have been in decline for the past 77 days as the slowing economy has driven down the price crude oil, according to a daily survey released Wednesday.
The dollar fell against major currencies Tuesday as stocks rallied and investors awaited the expected rate cuts of European central banks.
The credit market showed modest signs of improvement Tuesday as lending rates eased and investors anticipate European central banks will lower key lending rates this week, making borrowing cheaper in that region.
Wall Street firm Goldman Sachs may report a quarterly net loss of as much as $2 billion, according to a report in the Wall Street Journal.
The fate of General Motors and the rest of the Big Three may soon be decided in Washington.
Useful links for finance news
Home of Hang Seng Index, Stocks, Gold price and Forex
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