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Hong Kong, China shares tumble; HSBC hammered
(Updates to midday) * HSI dives 2.3 pct, CSI300 down 1.1 pct * Benchmark indices poised for 2nd straight weekly losses * Anta slammed after warning of decline in orders * China developers weak after April housing price data By Clement Tan HONG KONG, May 18 (Reuters) - Hong Kong shares on Friday looked poised to put in their worst week in eight months, as escalating political instability
(Updates to midday) * HSI dives 2.3 pct, CSI300 down 1.1 pct * Benchmark indices poised for 2nd straight weekly losses * Anta slammed after warning of decline in orders * China developers weak after April housing price data By Clement Tan HONG KONG, May 18 (Reuters) - Hong Kong shares on Friday looked poised to put in their worst week in eight months, as escalating political instability
Investors brace for Facebook debut on Wall Street
Investors are bracing for Facebook's Wall Street debut on Friday after the world's No.1 online social network raised about $16 billion in one of the biggest initial public offerings in U.S. history.
Investors are bracing for Facebook's Wall Street debut on Friday after the world's No.1 online social network raised about $16 billion in one of the biggest initial public offerings in U.S. history.
Moody's downgrades 16 Spanish banks
's Investors Service is downgrading the ratings of 16 Spanish banks because of the country's worsening financial picture.
's Investors Service is downgrading the ratings of 16 Spanish banks because of the country's worsening financial picture.
Wall Street extends loss
Wall Street extended losses Thursday, with the Dow Jones industrial average suffering its 11th loss in last 12 trading sessions, amid intensified fears about European banking systems.
Wall Street extended losses Thursday, with the Dow Jones industrial average suffering its 11th loss in last 12 trading sessions, amid intensified fears about European banking systems.
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