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Chinese stocks are up as yuan rate strengthens  Chinese shares rose on Friday as the central bank set the reference rate for the yuan slightly stronger. Bank shares rally on rescue hopes  European bank shares have risen as investors react to the latest attempts to stabilise the eurozone debt crisis Banks lead global share declines  Sharp falls in US and European banking shares have led stock markets lower as concerns continue about the strength of the world economy   Four EU nations ban short-selling  France, Italy, Spain and Belgium have banned short-selling on the shares of banks and other financial companies Asian markets fall on China rate hike
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Bad Economic News Main Event: Asian markets ...
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1. 2017-02-20 HSBC shares down as full year profit falls 62% London
C. 2015-12-16 Asia's investors cheer the Fed's move to raise rates Japan
D. 2015-08-13 Chinese stocks are up as yuan rate strengthens Shanghai
E. 2011-09-26 Bank shares rally on rescue hopes European Union
5. 2011-09-09 Banks lead global share declines New York
G. 2011-08-11 Four EU nations ban short-selling France
2010-10-19 Asian markets fall on China rate hike Hong Kong
8. 2010-04-27 Asian stocks slide amid Greek debt crisis Tokyo
J. 2009-10-15 US banks' profits beat forecasts New York

  Asia's investors cheer the Fed's move to raise rates
HSBC shares down as full year profit falls 62%
Feb.20   London
  The $7.1bn (5.7bn) pre-tax profit is 62% lower than the $18.9bn reported a year earlier. HSBC attributed the fall to a string of one-off charges


year 2015 Top ^

Dec.16   Japan
  Shares in Asia were all in positive territory on Thursday on news the US Federal Reserve had raised its rates for the first time since June 2006
Aug.13   Shanghai


year 2011 Top ^

Sep.26   European Union
Sep.9   New York
Aug.11   France


year 2010 Top ^

Oct.19   Hong Kong
  Asian markets are following the reaction of U.S. and European markets to China's decision to raise its benchmark interest rates by a 0.25%
Apr.27   Tokyo   Asian stocks slide amid Greek debt crisis  Asian stock markets have suffered big falls amid further signs that the Greek debt crisis is intensifying. Tokyo down 2.6%. Hong Kong's 1.3%

year 2009 Top ^

Oct.15   New York US banks' profits beat forecasts
  Goldman Sachs and Citigroup have reported better-than-expected profits between July and September
Mar.10   New York Banking stocks lead markets surge
  US stocks have enjoyed their best day in more than 3 months as Citigroup announced a profit for the first two months of 2009 Jan.20   New York US finance stocks decline sharply  Leading indexes saw their biggest 1-day fall in nearly 2 months, with banking shares falling sharply amid concerns over the sector's outlook

year 2008 Top ^

Nov.21   New York Uncertainty sends Citigroup lower  Shares in one of the biggest banks in the US fell sharply amid ongoing uncertainty over the company's future in advance of a board meeting Oct.7   New York Wall Street flat as Fed unveils new plan
  The Federal Reserve announced plans earlier to buy-up short-term debt, a.k.a. commercial paper, directly from companies Sep.18   Global Central banks moves cheer markets
  Markets regained some poise in trading, cheered by news that 6 of the world's top central banks have taken steps to calm credit markets
Mar.19   United Kingdom Bank shares plunge in market turmoil  Britain's biggest mortgage lender Halifax Bank of Scotland saw shares dive nearly 20% before recovering

year 2004 Top ^

May.10   New York Rate fears batter global markets
  Dow Jones tumbling below the 10,000-point mark in early trade

year 2002 Top ^

Oct.2   New York Bank in $4bn clerical error  The US investment bank Bear Stearns entered an order to sell $4bn worth of stocks by accident in late trade

year 2001 Top ^

Mar.20   Washington Fed cuts rates half a point  The Federal Reserve cut short-term interest rates by 0.5% in an effort to avoid the recession



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