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Hong Kong (AFP) - Asian stocks mostly fell Monday after Greek voters rejected more austerity demands from creditors, fuelling fears the country will crash out of the eurozone, but the euro recovered from initial losses as dealers wait for European leaders' next move.
Shanghai stocks rose more than three percent on Monday morning after the government unveiled its biggest package of measures so far to shore up the slumping market, but an initial surge was pared as analysts questioned their effect. The Shenzhen Composite Index, which tracks stocks on China's second exchange, rose 1.40 percent, or 29.32 points, to 2,127.80. On Sunday, the government said the central bank would provide liquidity through the state-backed China Securities Finance Co., which manages margin trading, to "protect the stability of the securities market", according to the stock market watchdog.
VANCOUVER, British Columbia (AP) — Abby Wambach lifted American coach Jill Ellis after the final whistle. She ran to the stands for a hug from her wife. And then along with Christie Rampone, she became the first American to lift the Women's World Cup championship trophy in 16 years.