Market Currents
Shanghai falls 1% to its lowest level since March 2009, led by Maanshan Iron & Steel (a...
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Friday, August 24, 2012, 7:35 AM ETShanghai falls 1% to its lowest level since March 2009, led by Maanshan Iron & Steel (a 16-year low) and Shanxi Coal, which both reported steep drops in earnings. Also not helping is a report from Xinhua News Agency saying Beijing has ordered local governments not to relax property controls.
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