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Chinese officials, investors hope new support steps will stave off stock crash

By Pete Sweeney SHANGHAI (Reuters) – China’s stock markets may be facing a make-or-break week after officials rolled out an unprecedented series of steps at the weekend to prevent a full-blown stock market crash that could threaten the world’s second-largest … Continue reading

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Malaysia’s opposition demands emergency debate on PM after graft allegations

By Praveen Menon and Trinna Leong KUALA LUMPUR (Reuters) – Two of Malaysia’s main opposition parties on Sunday demanded an emergency sitting of parliament to discuss Prime Minister Najib Razak’s future as tensions mounted over a report that linked him … Continue reading

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China stock regulator says it will continue vetting IPOs

SHANGHAI (Reuters) – China’s securities regulator said it will not stop vetting news initial public offerings, it said on Sunday, after share sales were postponed by 28 companies on Saturday because of recent market volatility. The Wall Street Journal reported … Continue reading

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69 Chinese mutual funds will support effort to stabilize stock market

BEIJING (Reuters) – More Chinese mutual funds said on Sunday that they will invest to stabilize China’s stock market, following a statement by the China Mutual Fund Association on Saturday, in which 25 fund companies committed to buying shares. As … Continue reading

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25 Chinese mutual fund houses seek to speed up application and issuance of equity funds

BEIJING (Reuters) – Leaders of 25 major Chinese mutual fund houses on Saturday promised to subscribe to their companies’ equity funds, the latest effort to stem a stock market slide of nearly 30 percent since mid-June. The firms also would … Continue reading

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China to create $19B fund to support plunging stock market

BEIJING (AP) — More than two dozen companies in China are postponing initial public offerings and security companies are pledging more than $19 billion for a fund to stabilize the country’s free-falling stock market. The 28 companies, which had obtained … Continue reading

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China arrests man for suicide ‘rumors’ amid stock market rout: state TV

BEIJING (Reuters) – Chinese authorities have arrested a man who allegedly spread rumors about people in Beijing jumping off buildings in response to a stock market crash, state television reported on Sunday. The 29-year-old man, surnamed Tian, was detained for … Continue reading

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China arrests man for suicide "rumours" amid stock market rout

BEIJING (Reuters) – Chinese authorities have arrested a man who allegedly spread rumours about people in Beijing jumping off buildings in response to a stock market crash, state television reported on Sunday. The 29-year-old man, surnamed Tian, was detained for … Continue reading

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Leighton To Cook Up Wagamama Flotation

One of Britain’s best-known businessmen is to take the helm at Wagamama, the Asian dining chain, ahead of a review that could see it float on the London stock market. Sky News understands that Allan Leighton, the former boss of … Continue reading

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China to suspend new IPOs to stabilise stock markets

SHANGHAI (Reuters) – China has suspended new initial public offerings (IPOs) in effort to stabilise falling stock markets, the Wall Street Journal reported on Saturday, citing unidentified sources. The decision was made at a meeting held earlier in the day … Continue reading

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