Chile stocks drop to near 2-year intraday low, LATAM weighs

SANTIAGO Wed Aug 21, 2013 10:15am EDT

SANTIAGO Aug 21 (Reuters) - Chilean stocks dropped to a near two-year intraday low on Wednesday morning, pressured by slipping shares in LATAM Airlines a day after Latin America's largest carrier posted a steeper-than-expected quarterly loss.

Santiago's blue-chip IPSA stock index was down 0.73 percent at about 3660.44 points in early trade, its weakest intraday level since October 2011.


After wave of QE, onus shifts to leaders to boost economy

DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.