This article is from the source 'bbc' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at http://www.bbc.co.uk/news/business-34241606
The article has changed 7 times. There is an RSS feed of changes available.
| Version 4 | Version 5 |
|---|---|
| Chinese shares fall sharply as economic data undermines mood | Chinese shares fall sharply as economic data undermines mood |
| (35 minutes later) | |
| Mainland Chinese shares fell on Monday after economic data released on Sunday underlined fears growth is slackening. | Mainland Chinese shares fell on Monday after economic data released on Sunday underlined fears growth is slackening. |
| Growth in both fixed-asset investment, up 10.9% in August from a year ago, and factory output, at 6.1%, came in below expectations. | Growth in both fixed-asset investment, up 10.9% in August from a year ago, and factory output, at 6.1%, came in below expectations. |
| The Shanghai Composite index closed down 2.67% at 3,114.80, while Hong Kong's Hang Seng was flat, up just 0.16% at 21,538.97. | |
| The Shanghai index has lost nearly 40% since its peak in mid-June. | |
| Shares of four of China's largest brokerages tumbled as much as 7% following news of fines and penalties from the securities regulator for failing to conduct proper checks on clients. | |
| The four were fined 178.5m yuan ($28m; £18m) and had 62.4m yuan of profits confiscated, according to the securities filings by the companies. | The four were fined 178.5m yuan ($28m; £18m) and had 62.4m yuan of profits confiscated, according to the securities filings by the companies. |
| Regulators have been cracking down on trading firms to stem the volatility that has rocked the markets for the past few months. | Regulators have been cracking down on trading firms to stem the volatility that has rocked the markets for the past few months. |
| US rates | US rates |
| The rest of Asian shares traded mixed, despite Friday's positive finish on Wall Street, with investors cautious in advance of the Federal Reserve meeting this week. | The rest of Asian shares traded mixed, despite Friday's positive finish on Wall Street, with investors cautious in advance of the Federal Reserve meeting this week. |
| All eyes are on the US policy meeting, which ends with a decision on Thursday on whether to raise interest rates for the first time in almost a decade. | All eyes are on the US policy meeting, which ends with a decision on Thursday on whether to raise interest rates for the first time in almost a decade. |
| Economists are split on whether the long-awaited move will happen. | Economists are split on whether the long-awaited move will happen. |
| Japan's benchmark Nikkei 225 index finished down 1.6% to 17,965.70 points. | Japan's benchmark Nikkei 225 index finished down 1.6% to 17,965.70 points. |
| Japanese investors are also looking ahead to the conclusion of the Bank of Japan's two-day policy meeting on Tuesday, where they are expected to maintain their easing programme. | Japanese investors are also looking ahead to the conclusion of the Bank of Japan's two-day policy meeting on Tuesday, where they are expected to maintain their easing programme. |
| In Australia, the benchmark S&P/ASX 200 closed up 0.6% to 5,102.30. | In Australia, the benchmark S&P/ASX 200 closed up 0.6% to 5,102.30. |
| Shares in Oil Search reversed earlier losses to close up 0.2% after it rejected an $8bn (£5.2bn) takeover proposal from Australia's biggest energy firm Woodside Petroleum, saying the offer was too cheap. | Shares in Oil Search reversed earlier losses to close up 0.2% after it rejected an $8bn (£5.2bn) takeover proposal from Australia's biggest energy firm Woodside Petroleum, saying the offer was too cheap. |
| South Korea's benchmark Kospi ended down 0.5% to 1,931.46. | South Korea's benchmark Kospi ended down 0.5% to 1,931.46. |