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Financial News Stories

August’s toll on stocks: TSX down 4.2%, China and Europe more than 10%

August is shaping up to be the cruellest month in stock markets this year, with stocks in Europe and Asia down more than 10 per cent since the beginning of the month. That’s a full correction – usually defined as … Continue reading

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August’s toll on stocks: TSX down 4.2%, China and Europe more than 10%

August is shaping up to be the cruellest month in stock markets this year, with stocks in Europe and Asia down more than 10 per cent since the beginning of the month. That’s a full correction – usually defined as … Continue reading

Filed under Stock Market News | Tagged , , , , , |

China state media announce confessions in stock market investigations

SHANGHAI (Reuters) – Chinese state media announced a slew of confessions on Monday following investigations into dramatic stock market fluctuations, including from a reporter who said he had spread false information that had caused “panic and disorder”. An official from … Continue reading

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China state media announce confessions in stock market investigations

SHANGHAI (Reuters) – Chinese state media announced a slew of confessions on Monday following investigations into dramatic stock market fluctuations, including from a reporter who said he had spread false information that had caused “panic and disorder”. An official from … Continue reading

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Investors are fleeing once-popular emerging markets

NEW YORK (AP) — If you think investors in U.S. stocks have had it rough, consider the hapless folks who followed Wall Street’s advice to buy emerging-market stocks. The MSCI Emerging Markets index has lost 25 percent over the past … Continue reading

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Investors are fleeing once-popular emerging markets

NEW YORK (AP) — If you think investors in U.S. stocks have had it rough, consider the hapless folks who followed Wall Street’s advice to buy emerging-market stocks. The MSCI Emerging Markets index has lost 25 percent over the past … Continue reading

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Nerves on edge as Chinese authorities probe market mayhem

By Paul Carsten and Nishant Kumar BEIJING/LONDON (Reuters) – The head of hedge fund manager Man Group Plc’s EMG.L China business has been taken into custody to help authorities in a probe into recent market volatility, Bloomberg reported on Monday, … Continue reading

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Nerves on edge as Chinese authorities probe market mayhem

By Paul Carsten and Nishant Kumar BEIJING/LONDON (Reuters) – The head of hedge fund manager Man Group Plc’s EMG.L China business has been taken into custody to help authorities in a probe into recent market volatility, Bloomberg reported on Monday, … Continue reading

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Wal-Mart cuts some workers’ hours after raises boosts costs

Wal-Mart Stores Inc., in the midst of spending $1 billion to raise employees’ wages and give them extra training, has been cutting the number of hours some of them work in a bid to keep costs in check. Regional executives … Continue reading

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Wal-Mart cuts some workers’ hours after raises boosts costs

Wal-Mart Stores Inc., in the midst of spending $1 billion to raise employees’ wages and give them extra training, has been cutting the number of hours some of them work in a bid to keep costs in check. Regional executives … Continue reading

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Financial News

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