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Facebook shares have fallen to 19 US dollars a share overnight. It follows the expiry of a ban that has prevented some investors1 from dumping millions of shares in the social networking leader. The fall marks another low point in the continuing run of bad news since its high-touted stock market debut2 in May. Facebook has lost about half its value since going public.
Australian Federal Police are investigating 25 million dollars in fraudulent transaction racked up with stolen credit card numbers. The AFP says multiple companies have had their computer systems compromised and half a million card numbers have been stolen. It says it's part of an international investigation3.
Natural disasters in China destroyed 88,000 houses and damaged more than two million hectares of farmland. The three consecutive4 typhoons have hit China's coastal5 areas in the past two weeks. The economic impact is estimated to be around 10 billion dollars. Fruit and vegetables and aquacultural farms were heavily hit.
When Euro(a slip of the tongue)....European markets closed, London's FTSE was up 18 points. The DAX in Germany up 45. And a good day, all up in Europe, as it was in the US to finish the trading with the Dow finishing up 25 points. The S&P 500 and the Nasdaq also rising.
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1 investors | |
n.投资者,出资者( investor的名词复数 ) | |
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2 debut | |
n.首次演出,初次露面 | |
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3 investigation | |
n.调查,调查研究 | |
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4 consecutive | |
adj.连续的,联贯的,始终一贯的 | |
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5 coastal | |
adj.海岸的,沿海的,沿岸的 | |
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