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  • BEIJING/ SHANGHAI, July 28- China Eastern Airlines plans to work with new investor Delta Air Lines to expand its global footprint beyond China-U.S. routes, an executive from the Shanghai- based carrier said. While the airlines will deepen their ties on trans-Pacific routes, there is scope to work in other regions such as Europe, James Wang, China Eastern's board...

  • KUALA LUMPUR, Malaysia— Long-haul budget carrier AirAsia X said Tuesday it expects to return to operational profit by the end of the year and is open to foreign investment. AirAsia X has suffered losses in the past two years and its share price has plunged to near record lows at around 0.20 ringgit, far below its IPO price of 1.25 ringgit. Malaysia- based AirAsia X has...

  • China's already-volatile benchmark stock index, with a combined market capitalisation of $4.6 trillion, has lost 10 percent in the last two days of trade. "Typically, equity markets do have a high correlation to quarterly GDP growth," Deutsche Bank strategist Michael Lewis said. Brent had fallen 78 cents to $52.69 a barrel by 0821 GMT, having hit a session low of...

  • The United States and Japan, the two biggest economies in the talks, are both keen for strong intellectual property protections, such as long copyright periods and data protection for next-generation drugs. Japanese Economy Minister Akira Amari, arriving in Hawaii with his counterparts from the 12- nation Trans-Pacific Partnership countries, told...

  • China stocks fall for second day, Europe rises Tuesday, 28 Jul 2015 | 1:09 AM ET

    BEIJING— Chinese stocks fell further Tuesday after suffering their biggest drop in eight years the previous day while most other Asian markets declined and Europe rose. In Europe, Germany's DAX was up 0.9 percent at 11,150.48 and France's CAC-40 gained 0.8 percent to 4,967.18. CHINA'S PLUNGE: The Shanghai index fell 8.5 percent on Monday, its biggest one-day...

  • SINGAPORE, July 28- Oil prices fell towards four-month lows on Tuesday, dropping for a fifth straight session on persistent worries about a global supply glut, while stock market sell-offs on both sides of the Pacific also rattled investor sentiment. Uncertainty over the health of the Chinese economy, reflected in the sell-off in the stocks, lacklustre U.S. oil...

  • SINGAPORE, July 28- Oil prices fell close to four month lows in early Asian trade on Tuesday after stock market sell-offs on both sides of the Pacific rattled investor sentiment about the Chinese economy, adding to concerns about a global oil glut. It's a trend which says investors are selling, "said Jonathan Barratt, chief investment officer at Sydney's Ayers...

  • First Quantum said it was unable to provide estimates on how long the power supply reduction would last or its impact on production. The country's power provider ZESCO has contracted independent power producers to procure more electricity by the end of 2015, First Quantum said. First Quantum's Zambian smelter, which ramped up in February, is expected to...

  • *Asia drops after Monday's freefall in China shares. The dollar was under pressure as China jitters spurred flows into havens such as the yen, while commodities including oil and copper wilted amid fears of a collapse in demand from China. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 percent.

  • DIARY-Top Economic Events to Aug 10 Monday, 27 Jul 2015 | 8:01 PM ET

    SYDNEY- Reserve Bank of Australia Governor Glenn Stevens speaks at the Boao Forum for Asia Financial Cooperation Conference, hosted by the New South Wales government- 0030 GMT. KYOTO- Bank of Japan board member Koji Ishida speaks to business leaders in Kyoto- 0130 GMT. LONDON- Bank of England holds Monetary Policy Committee meeting.

  • CHICAGO, July 27- Chicago Board of Trade corn and soybean futures plunged to their lowest in more than a month on Monday as improving weather for crop development across the U.S. "The perception is the crops are stabilizing, if not improving in some areas," said Tom Fritz, analyst at EFG Group. Corn posted the biggest decline, with the front-month contract shedding 4.8...

  • CHICAGO, July 27- Chicago Board of Trade corn and soybean futures plunged to their lowest in more than a month on Monday as improving weather for crop development across the U.S. "The perception is the crops are stabilizing, if not improving in some areas," said Tom Fritz, analyst at EFG Group. Corn posted the biggest decline, with the front-month contract shedding 4.5...

  • "Today's oil price fall has been driven by the slump in Chinese stock markets," said Carsten Fritsch, senior oil market analyst at Commerzbank in Frankfurt. Front-month Brent crude fell to an intraday low of $53.36 a barrel, its lowest in more than four months and down $1.26 on the previous close. It last traded at $53.52, down $1.10, at 1245 GMT.

  • *Brent falls to four-month low of $53.63 a barrel. "Today's oil price fall has been driven by the slump in Chinese stock markets," said Carsten Fritsch, senior oil market analyst at Commerzbank in Frankfurt. Front-month Brent crude fell to its lowest in four months at $53.63 a barrel, down 99 cents by 1035 GMT.

  • *Soybeans hit one-month low, drop 9 out of 10 sessions. LONDON, July 27- Corn futures slid to one-month lows on Monday on an improving crop outlook in the United States, while soybean and wheat prices also fell. Chicago Board of Trade December corn futures, the most actively traded contract, fell 2.4 percent to $3.93-1/ 4 a bushel by 0958 GMT, after earlier slumping to a...

  • "Today's oil price fall has been driven by the slump in Chinese stock markets," said Carsten Fritsch, senior oil market analyst at Commerzbank in Frankfurt. Brent crude for September touched an intra-day low of $54.25 a barrel, down 37 cents and its lowest since April 2. Brent was down 15 cents at $54.47 by 0858 GMT.

  • *Oil prices to stay below $70 a barrel in 2015/ 16- NAB. SINGAPORE, July 27- Oil prices fell on Monday after closing the previous session at their lowest levels since March on renewed oversupply concerns from the United States and Iraq, although a weaker dollar helped to limit deeper losses. "The markets are looking for price guidance from Janet& Co," said Ben Le Brun,...

  • LAUNCESTON, Australia, July 27- With commodity prices slumping, the local currency slipping and manufacturing jobs disappearing, Australians are starting to question whether they've backed the wrong economic horse. But with China's growth slowing and many commodities in structural oversupply after resource companies over-estimated future demand,...

  • SINGAPORE, July 27- Oil prices fell on Monday after closing the previous session at their lowest levels since March on renewed oversupply concerns from the United States and Iraq, although a weaker dollar helped to limit deeper losses. "The markets are looking for price guidance from Janet& Co," said Ben Le Brun, market analyst at Sydney's OptionsXpress, referring...

  • The United States, New Zealand and Australia are pushing hard for Canada to open up its protected dairy market and allow more imports, complaining that the country has not given its trade partners a sign it is ready to talk and even mulling a TPP without Canada. Sugar refiner Imperial Sugar Co, part of Louis Dreyfus Commodities, says Australia should be allowed to...