EU"s Rehn: Big depositors could suffer in future bank bailouts under new law

European Economic and Monetary Affairs Commissioner Olli Rehn holds a news conference after a Eurogroup meeting in Brussels March 16, 2013.

Credit: Reuters/Eric Vidal

Reuters: Business News

EU"s Rehn: Big depositors could suffer in future bank bailouts under new law

China shares suffer worst loss in over a week on fundraising fears

HONG KONG, March 26 | Tue Mar 26, 2013 3:09am EDT

HONG KONG, March 26 (Reuters) – China shares suffered their worst loss in more than a week on Tuesday after Everbright Securities won approval for a private share placement, stoking fears of a new wave of stock-offerings by brokerages.

The CSI300 of the leading Shanghai and Shenzhen A-share listings closed down 1.5 percent at 2,575.1, while the Shanghai Composite Index sank 1.3 percent. For both, it was their heaviest one-day loss since March 18. (Reporting by Clement Tan; Editing by Eric Meijer)

Reuters: Financial Services and Real Estate

China shares suffer worst loss in over a week on fundraising fears

Sequester: Federal R&D to suffer long-term effects

The $ 85 billion in mandatory, across-the-board spending cuts known as the sequestration take effect today. The cuts could have immediate implications for federal workers, the unemployed, and federal aviation personnel. 

But what about the long-term effects of the reductions? Marketplace economics correspondent Chris Farrell joins Morning Report host Jeremy Hobson to discuss the sequestration’s lasting impact on federally-funded scientific research.

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Sequester: Federal R&D to suffer long-term effects