Hong Kong shares plunge 6 per cent in early trading Thursday
Submitted by Marina Dimova on Thu, 11/06/2008 - 09:07.
Hong Kong shares plunged by more than 6 per cent in early trading Thursday following heavy losses overnight on Wall Street.
The blue-chip Hang Seng Index lost 912.59 points, or 6.15 per cent, in the first 15 minutes of trading Thursday, slipping below the 14,000 point barrier to 13,927.57 points.
Shares in Hong Kong surged by more than 3 per cent Wednesday, buoyed by international optimism over Barack Obama's US presidential election victory. The overnight losses on Wall Street darkened investors' moods.
Shares fell 2.1 per cent Friday on the Seoul stock exchange on general recession fears. South Korea's won dropped against the dollar.
When the Spirit rover landed on Mars five years ago, no one expected it or its sister rover Opportunity to make it to their first birthdays, let alone their fifth.
Amelie Mauresmo fell victim to a leg injury after less than half an hour on court Friday to hand over a 4-0 victory which put French compatriot Marion Bartoli into the final of the Brisbane International.
Mumbai-based movie Slumdog Millionaire won five prizes Thursday night at the Critics Choice Awards, cementing its position as a surprise favourite just as the Oscar season moves into high gear.
After the Taipei Zoo received two giant pandas from China, another Taiwan zoo said Friday it is seeking to receive a pair of pandas from China.