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		<description>eNews 2.0  All Rights Reserved - Business</description>
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			<item>
			<category>Markets</category>
			<title><![CDATA[Hong Kong stocks slump 2.3 per cent on concerns over earnings]]></title>
			<description><![CDATA[Hong Kong stocks slumped nearly 2.3 per cent Thursday as pessimism gripped the market amid concerns over the earnings outlook of some big companies.

The Hang Seng Index lost 492.43 points to end the day at 20,972.29 points, down 2.29 per cent on Wednesday s close. Turnover was a relatively light 66.7 billion Hong Kong dollars.

The fall in prices comes after a strong week and was led by heavyweight stocks Esprit Holdings, PetroChina and China Mobile which disappointed investors with their... ]]></description>
			<link>http://www.enews20.com/news_Hong_Kong_stocks_slump_23_per_cent_on_concerns_over_earnings_11037.html</link>
			
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			<category>Markets</category>
			<title><![CDATA[Pakistan s stocks suffer largest loss of year on coalition collapse]]></title>
			<description><![CDATA[Pakistan stocks suffered the biggest setback of the year Tuesday, plunging by 4 per cent amid mounting political uncertainty deepened by the break-up of the ruling coalition, traders said.

Traders said the collapse of the alliance in the parliament and conflicting statements from other small, but key partners of the coalition raised concerns about the fragile democratic system.

&amp;quot;There is an air of uncertainty hanging over the presidential elections,&amp;quot; said Ahsan Mehnti, chief... ]]></description>
			<link>http://www.enews20.com/news_Pakistans_stocks_suffer_largest_loss_of_year_on_coalition_collapse_10925.html</link>
			
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