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Oil price retreats on rising jobless claim,asics onitsuka tiger rotation 77
U.S. crude oil future price dropped below 90 U.S. dollars a barrel on Thursday after a rebound on Wednesday as jobless claim rose last week.
The U.S. Labor Department said on Thursday that the number of U. S. workers filing initial claims for jobless benefits rose last week by 18,Asics Mexico 66 Baja,000 to a total of 409,Onitsuka Tiger Mexico 66 Lauta,000.
Although the jobless figure remained lower from six month ago,asics shoes Australia, investors worried the economic recovery was not as good as expected.
Risk appetite rose in the markets as investors rushed into safe- haven investment. Dollar rose against a basket of currencies on Thursday which also helped pressured on oil prices.
Light,tiger shoes, sweet crude oil for February delivery fell 1.92 dollars to settle at 88.38 dollars a barrel.
Chinese equities closed lower for a second day Thursday amid speculation Ping An Insurance plans to raise 40 billion yuan.The benchmark Shanghai Composite Index fell 0.51 percent,Cheap Asics Mexico 66 Shoes, or 14.39 points,asics shoes shop,文章读取错误java.lang.ArrayIndexOutO onitsuka tige, to close at 2,asics shoes outlet,824.2 points.The Shenzhen Component Index lost 0.38 percent,discount asics running shoes, or 47.97 points,tiger shoes outlet, to close at 12,Asics Ultimate 81,599.66 points.
Combined turnover shrank to 206.2 billion yuan (31 billion U.S. dollars) from 243.02 billion yuan the previous trading day.Losers outnumbered gainers 503 to 369 in Shanghai and 717 to 409 in Shenzhen.Ping An Insurance (Group) Co.,asics shoes sale, China's second-largest insurance company,asics tiger shoes, dropped 4.14 percent to 52.59 yuan amid speculation the company might need to raise 30 to 40 billion yuan to replenish capital.However,asics shoes, Sheng Ruisheng,asics onitsuka tiger shoes, a spokesman for Ping An,cheap asics shoes, told Xinhua after the market closed he "had not heard of any fundraising plan."
China Minsheng Banking Corp. said Friday it plans to raise 21.48 billion yuan (3.25 billion U.S. dollars) in a private offering in Shanghai to replenish its capital.The mid-sized lender will sell 4.7 billion shares for 4.57 yuan each,Asics Gel Shoes,Electronic cigarettes, the company said in a statement filed with the Hong Kong Stock Exchange.The fundraising plan was revealed following speculation that the country' s banking regulator would tighten capital rules this year.
Minsheng's capital adequacy ratio stood at 10.77 percent by the end of June 2010,cheap Mexico 66, slightly above the minimum regulatory requirement of 10 percent.An unnamed executive of the bank said the fundraising plan would help boost the lender's core capital adequacy ratio and ensure the healthy development of its businesses.The bank raised 26.75 billion yuan in its initial public offering in Hong Kong in November 2009.