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Asia’s Markets are Mixed, But Europe Rises as Traders Watch Out for Fed’s Interest Rate Guidance

Jonathan Marino
Jonathan Braude
9/17/14 7:58 AM EDT
Sony reports $2.1 billion loss, withholds dividend for first time. But in China, news of a massive injection of liquidity raises hopes of further stimulus measures. Europe is waiting for the Fed, while the Bank of England still has interest rates on hold even as unemployment falls. Chinese tycoon buys 30 Rolls Royce Phantoms for his Macau casino development and will pay $20 million. Daily Mail plummets as its figures disappoint. Activist investor Edward Bramson promises to boost Electra Private Equity with strategic review. Sky Deutschland tells minority investors to reject an offer from its U.K. sister British Sky Broadcasting, because the price is too low.
Stock quotes in this video: BMW, DMGT, ELTA, BSY, SKYD

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