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<title>EIN News: Hong Kong Economy News</title>
<link>http://www.einnews.com/hongkong/newsfeed-hong-kong-economy</link><description>Constantly updated news and information about world affairs.</description><item>
<title>1:01 p.m.: Snowballing sell-off spreads worldwide</title>
<link>http://www.einnews.com/news.php?wid=192507862</link>
<pubDate>10 Oct 2008 17:51 GMT</pubDate>
<description>
...  percent in India and 7.2 percent in Hong Kong. European stocks slumped by midday with key  ...  cash that is the lifeblood of the economy. In normal times, this would be out  ...
</description>
</item><item>
<title>Asian markets plunge after huge Wall Street losses</title>
<link>http://www.einnews.com/news.php?wid=192505936</link>
<pubDate>10 Oct 2008 17:50 GMT</pubDate>
<description>
...  &quot;Investors were gripped by fear.&quot; Markets in Hong Kong, Australia, South Korea, Thailand and the Philippines  ...  first real-estate investment trust to fail. Japanese Economy Minister Kaoru Yosano sought to reassure the  ...
</description>
</item><item>
<title>Diwali without gold shopping</title>
<link>http://www.einnews.com/news.php?wid=192504968</link>
<pubDate>10 Oct 2008 17:31 GMT</pubDate>
<description>
...  8% early yesterday. Japan is down 10%, Hong Kong, 8% and Australia down 8%. Every day  ...  up no matter what the news. Our inflation rate has dipped and Chidamabaram has been  ...
</description>
</item><item>
<title>World stocks slump again</title>
<link>http://www.einnews.com/news.php?wid=192503715</link>
<pubDate>10 Oct 2008 17:30 GMT</pubDate>
<description>
...  day of losses over fears the global economy is set for a protracted recession. Asian  ...  calling it &apos;&apos;Black Friday.&apos;&apos; Key indexes in Hong Kong, Singapore, the Philippines and India were all  ...
</description>
</item><item>
<title>Snowballing stock sell-off spreads worldwide</title>
<link>http://www.einnews.com/news.php?wid=192503218</link>
<pubDate>10 Oct 2008 17:29 GMT</pubDate>
<description>
...  percent in India and 7.2 percent in Hong Kong. European stocks slumped by midday with key  ...  cash that is the lifeblood of the economy. &quot;In normal times, this would be out  ...
</description>
</item><item>
<title>Dow dives 679 points to lowest level in 5 years</title>
<link>http://www.einnews.com/news.php?wid=192502943</link>
<pubDate>10 Oct 2008 17:29 GMT</pubDate>
<description>
...  499.20. A wave of fear about the economy sent stocks lower in the final two  ...  Japan&apos;s Nikkei 225 closed down 0.50 percent; Hong Kong&apos;s Hang Seng added 3.31 percent. In Europe,  ...
</description>
</item><item>
<title>Bloodbath as Panic Selling Tramples World Markets</title>
<link>http://www.einnews.com/news.php?wid=192502316</link>
<pubDate>10 Oct 2008 17:29 GMT</pubDate>
<description>
...  all benchmarks sharply lower. Key indices in Hong Kong, Singapore, the Philippines and India were all  ...  first real-estate investment trust to fail. Japanese Economy Minister Kaoru Yosano sought to reassure the  ...
</description>
</item><item>
<title>Stock Sell Offs Snowballing</title>
<link>http://www.einnews.com/news.php?wid=192500272</link>
<pubDate>10 Oct 2008 17:27 GMT</pubDate>
<description>
...  percent in India and 7.2 percent in Hong Kong. European stocks slumped by midday with key  ...  cash that is the lifeblood of the economy. &quot;In normal times, this would be out  ...
</description>
</item><item>
<title>TSX sheds 300 points as loonie plummets</title>
<link>http://www.einnews.com/news.php?wid=192500095</link>
<pubDate>10 Oct 2008 17:27 GMT</pubDate>
<description>
...  the lowest closing level since May 2003. Hong Kong&apos;s Hang Seng index fell more than 8  ...  need a leadership that can pull the economy together. We need change and need to  ...
</description>
</item><item>
<title>World markets plunge; Nikkei sinks nearly 10 pct</title>
<link>http://www.einnews.com/news.php?wid=192500084</link>
<pubDate>10 Oct 2008 17:27 GMT</pubDate>
<description>
...  AMRO Morgans in Sydney. Key indices in Hong Kong, India and Singapore were all down about  ...  are at the core of problem. Japanese Economy Minister Kaoru Yosano sought to reassure the  ...
</description>
</item><item>
<title>Bush Remains Confident About Financial Rescue Plan</title>
<link>http://www.einnews.com/news.php?wid=192499140</link>
<pubDate>10 Oct 2008 17:25 GMT</pubDate>
<description>
...  George W. Bush makes statement on the economy at the White House, 10 Oct 2008  ...  1987. It was a similar story in Hong Kong, where the Hang Seng plunged 7 percent,  ...
</description>
</item><item>
<title>Dow drops below 9,000 as market unravels</title>
<link>http://www.einnews.com/news.php?wid=192497215</link>
<pubDate>10 Oct 2008 16:50 GMT</pubDate>
<description>
...  Bush will make a statement on the economy today in the Rose Garden. Bush is  ...  225 index shed more than 10 percent, Hong Kong&apos;s Hang Seng index lost more than 8  ...
</description>
</item><item>
<title>* Global rout in stocks continues</title>
<link>http://www.einnews.com/news.php?wid=192495627</link>
<pubDate>10 Oct 2008 16:50 GMT</pubDate>
<description>
...  spooked by the sheer pressure that the credit crunch is putting on the global economy, he said. Hong Kong share prices closed down 7.2 percent, Singapore shares ended 7.34 percent lower and Japans  ...
</description>
</item><item>
<title>MALAYSIA SECOND LARGEST FOREIGN INVESTOR IN PAKISTAN</title>
<link>http://www.einnews.com/news.php?wid=192494838</link>
<pubDate>10 Oct 2008 16:31 GMT</pubDate>
<description>
...  $ 50.2 million, UK $ 44.4 million, Hong Kong $ 33.9 million and other making up  ...  confidence reposed by foreign investors in Pakistan&apos;s economy and lucrative investment regime of the country.  ...
</description>
</item><item>
<title>Credit crisis sparks another selloff; TSX hard hit by energy stocks</title>
<link>http://www.einnews.com/news.php?wid=192493893</link>
<pubDate>10 Oct 2008 16:30 GMT</pubDate>
<description>
...  jobs - was in part-time work. The unemployment rate held steady at 6.1 per cent.  ...  the Nikkei 225 fell 9.6 per cent. Hong Kong&apos;s main index fell 7.2 per cent. London&apos;s  ...
</description>
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