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Thursday, July 24, 2008
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Hang Seng up 2.5pc at 5-week high
5:01pm Hong Kong shares closed up 2.5 per cent, with the main index above the 23,000 mark for the first time in nearly five weeks, as lower oil prices eased concern over the impact of high ...
Shanghai down 0.3pc, airlines up on M&A hope
5:04pm Most mainland shares fell on Wednesday, led by coal and non-ferrous metals producers, but airline stocks were strong, partly because of speculation about merger activity in the ...
Nikkei rises 1pc as property firms jump
4:14pm Japan’s Nikkei stock average climbed 1 per cent, rising for a second day on Wednesday with property firms Mitsubishi Estate Co Ltd and Mitsui Fudosan jumping after JPMorgan began ...
Latin America taps into biofuels
Latin America is emerging as a key global producer of biofuels as nations across the region seek to use competitive advantages such as fertile land and tropical weather to tap into ...

MORE MARKETS
Blue chips end flat amid profit taking
Hong Kong blue chips swung in and out of negative territory yesterday before closing slightly lower, as investors locked in gains from a four-session rally after oil prices rose.
 
Greenback climbs as officials hint at rate rise to curb inflation
The US dollar rallied yesterday, after a Federal Reserve official suggested that US interest rates might have to be raised to stem inflation and a top treasury official repeated that a strong ...

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