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Article: Hong Kong: Hong Kong shares close listless trade lower on U.S. economic woes.
- Article from:
- TendersInfo
- Article date:
- July 29, 2008
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Byline: prashant03
Hong Kong shares finished a listless session down for a third day on Monday on worries this weeks key economic data may affirm views that the U.S. economy is still reeling from the credit crisis.
The United States is the worlds top destination of electronic goods, oil and other exports from Asia, Europe and the Middle East and slower growth may damp demand for these products, dragging other economies down.
Washington this week will release preliminary estimates for the second-quarter economic performance, Julys unemployment rate, consumer sentiment, manufacturing index and a string of earnings disclosures from companies ...