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China, Hong Kong Are the Biggest Losers as Stock Rout Spreads Benchmark indexes in the world's second- and fourth-largest stock markets have fallen faster than any of their major peers since the rout began late last month, with worries over a Chinese deleveraging campaign adding to global concerns about rising interest rates and stretched valuations. As losses ...
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| Global Markets: Asia hit by Wall Street's tumble, China stock indexes lose 6 percent TOKYO (Reuters) - Asian shares sank on Friday, with Chinese equities on track for their worst day in two years, as fears of higher U.S. interest rates shredded global investor confidence. There was limited immediate market reaction to the U.S. government staggering into another shutdown after ...
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| Here's how 'relatively small' this stock-market pullback really is, in one chart "Seen over a longer period, the correction in the stock [market] is relatively small and is likely to have no impact on the macro economy," wrote Torsten Sløk, chief international economist at Deutsche Bank. He noted that while a hefty $2 trillion was erased from equity market capitalization, it remains up $5 ...
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| As US Stock Market Crashes, Bitcoin's Value Strengthens Threats and actions from governments and bankers to crush Bitcoin and other cryptocurrencies intensify. However, displaying one its finest features, resiliency, Bitcoin's trajectory is once again retaking its ascending pattern, above $8,000 USD. Some experts believe that new technological developments ...
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