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Chinese shares fell sharply Tuesday on profit-taking and worries about a slowing economy after advancing for four trading days. The benchmark Shanghai Composite Index sank 6.31 percent, or 128.5 points, to close at 1902.43. The...
Bank profits tumble around the world as are jobs slashed and bonuses cut A trader arranges his glasses at the Philippine Stock Exchange in the financial district of Makati on Tuesday. Asian stock markets sank Tuesday after Wall...
By Jeremy Gaunt, European Investment Correspondent LONDON (Reuters) - Global shares fell again on Tuesday, battered by growing prospects of a deep global recession and one of the biggest job cut plans in history at Citigroup....
Hong Kong's main stock index tumbled 4.5 percent Tuesday as another wave of bank layoffs spurred selling in financial shares. The blue-chip Hang Seng Index shed 613.64 points to close at 13,131.23. Citigroup Inc. overnight...
