China's shares slip most in 3 weeks as JPMorgan cuts China

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Source: Bloomberg
© Scanpix/RS
China's equities dropped on Wednesday falling by the most in three weeks as Shanghai's free trade zone companies slipped amid speculation of excessive valuations and as JPMorgan Chase & Co. recommended reducing holdings amid economic slowdown of the nation. The Shanghai Composite Index fell 1.6% to 2,198.90 as of 1:12 p.m. and was set to record its largest fall since September 26.

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Wed, 16 Oct 2013 09:30:05 GMT

Gold falls first time in 3 days before U.S. debt limit deadline

Gold declined on Wednesday falling for the first time in a three-day period amid speculation that an agreement will be reached in debt limit talks avoiding the country's technical default before tomorrow's deadline. Bullion for delivery in October dropped 0.6% to $1,274.51 an ounce and it was traded at $1,279.84 as of 11:37 a.m. Singapore time.

Wed, 16 Oct 2013 09:08:24 GMT

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