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New Year's Eve celebrations around the world

As the celebrations kick off in New Zealand and Australia, there was an enthusiastic welcome to 2013 across Asia, with extravagant firework displays lighting up the skies in Hong Kong, Beijing and Shanghai.

New York sell orders in thin trade trigger Shanghai gold rout| Reuters

Jul 22, 2015    

NEW YORK In early Asian trading hours on Monday, when typically only tens of contracts of gold are traded, investors dumped more than $500 million worth of bullion in New York in four seconds, triggering the market's biggest rout in years.The sell-off began when one or more massive sell orders hit the price of gold on the CME Group's Comex futures in New York a tenth of a second after 9:29 a.m. in Shanghai, triggering turnover of almost 5,000 lots of gold in a blink of an eye. (For graphic, click reut.rs/1KjLJ7H)That equates to 13 tonnesof gold, more than typically trades in hours during this ...

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