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Shanghai drops to 52-week low before Olympics
Banks, shipping shares down sharply; Toyota up along with Japan exporters
By V. Phani Kumar, MarketWatch
Last Update: 8/8/2008 6:28:00 AM
HONG KONG (MarketWatch) — Chinese stocks in Shanghai and Shenzhen slumped
Friday, finding little support ahead of the Beijing Olympics opening ceremony, as
concerns about a slowing economy weighed down property developers and [...]

In Asian currency trading, the U.S. dollar bought 103.38 yen. In New York, the dollar changed hands for 103.46 yen late Wednesday and 102.96 yen late Tuesday.
HONG KONG (MarketWatch) — Chinese stocks soared in Shanghai Thursday after the government slashed a tax on share transactions, a move aimed at bolstering a stock market that [...]