Hong Kong stocks lost early gains Monday to close down 0.31 per cent despite a Chinese move to loosen bank lending and hopes that Greece's second bail-out would be resolved. The benchmark Hang Seng Index slipped 66.83 points to 21,424.79 on turnover of HK$70.54 billion (Dh33.4 billion). China's central bank on Saturday announced a cut in commercial banks' reserve requirement ratio by 0.50 percentage points from Friday to ease restrictions on lending and boost slowing growth. But investors took profits after early gains following the index's seven consecutive-week rise.
GMT 15:13 2018 Saturday ,20 January
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No more bonuses for Carillion bosses after UK collapseGMT 17:20 2018 Wednesday ,17 January
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Citigroup reports steep Q4 losses tied to US tax reformGMT 17:11 2018 Wednesday ,17 January
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Iran jetliner deal could take longer to complete, Airbus saysGMT 17:44 2018 Monday ,15 January
EU to remove Panama, Korea, UAE, 5 others from tax haven blacklist
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