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  1. Business - Money - SHARES

    Cyprus bank levy spooks Hong Kong investors

    Posted Mar 19th 2013, 12:00am by Jeanny Yu

    ... slipping 0.3 per cent in the US, while European stocks retreated for a second day. The Stoxx 600 fell 0.5 per cent in London. Bart Oosterveld, managing director of sovereign risk at Moody's ... Nikkei index lost 2.7 per cent, and the Shanghai Composite Index fell 1.7 per cent. Mainland banks were hammered after Moody's pointed to a greater default risk as regulators said 20 per ...

    http://www.scmp.com/business/money/markets-investing/article/1194017/cyprus-bank-levy-spooks-hong-kong-investors

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