Markets calm after China rate rise
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HONG KONG Mainland Chinese stock markets dropped less than 2 percent on Friday as most Asian financial markets reacted with surprising calm to the Chinese central bank&#39;s announcement late on Thursday of its first increase in interest rates in nine years.
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BEIJING (Dow Jones)--China raised interest rates Thursday for the first time in more than nine years, escalating its battle to tame feverish economic growth but immediately
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BEIJING: China sought yesterday to soothe concerns over a surprise interest rate rise, its first in nearly a decade and one which is expected to start a series of increases to cool growth in the world&#39;s seventh-biggest economy.
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U.S. stocks trimmed gains on Wednesday   after the Federal Reserve kept interest rates unchanged.
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U.S. stocks opened flat on Tuesday as  investors took another pause after last week's big rally, with  the Fed expected to raise interest rates a quarter point on  Wednesday.
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U.S. stocks rose on Wednesday after  the Federal Reserve reassured by indicating that further  interest-rate rises were likely to remain at a "measured" pace,  as it increased rates by a quarter point.
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China's central bank on Thursday raised interest rates for the first time in nearly a decade in its boldest move yet to guide its heated economy to a path of slower growth.
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China's surprise interest rate rise weighed down Asian stocks on Friday as investors sold shares of miners, shippers and other firms whose fortunes have been closely linked to the country's rapid growth.
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China raised interest rates on Friday in the latest of a series of tightening steps aimed at keeping inflation in check and preventing the world's fourth-largest economy from overheating.
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China released figures suggesting the economy is not decelerating as much as feared, easing concerns the government might have stepped too hard on the brakes.
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Calm is restored on financial markets, with East Asian shares rising after an overnight recovery in the US.
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Asian stocks eased on Monday, taking a breather after four straight weeks of gains, with expectations of a U.S. interest rate cut this week offset by renewed worries about a global credit squeeze.
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European stock markets mostly fell as investors digested a move by China to hike interest rates for the first time in almost a decade to rein in the country's strong economic growth.
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Stocks finished moderately higher in an uneven session as optimism about the economy helped investors overcome some of their apprehension about the Federal Reserveâs impending decision on interest rates.
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Asia stock exchanges close up as investors respond to yesterday's Federal Reserve interest rate cut.
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China has raised its core interest rates for the first time in nine years, as the country&#39;s central bank moves to rein in the booming economy.
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U.S. stocks rose modestly on Thursday  as another slip in oil prices offset a decision by China's  central bank to raise interest rates.