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Asia-Pacific News Australia & New Zealand

  • LONDON, July 17- A global deficit of copper will deepen this year as more mines in South America are due to be hit by strikes, although the market has already priced in the further disruptions, a Reuters poll showed. Earlier in the year the copper market was hit by a long strike at Chile's Escondida, the world's largest copper mine and a stoppage at No. 2 Grasberg mine in...

  • LONDON, July 17- A global deficit of copper will deepen this year as more mines in South America are due to be hit by strikes, although the market has already priced in the further disruptions, a Reuters poll showed. Earlier in the year the copper market was hit by a long strike at Chile's Escondida, the world's largest copper mine and a stoppage at No. 2 Grasberg mine in...

  • BEIJING, July 17- China's economy expanded faster-than-expected in the second quarter, setting the country on course to comfortably meet its 2017 growth target and giving policymakers room to tackle big economic challenges ahead of key leadership changes later this year. The boost to growth was in part driven by firmer exports and production, in particular...

  • BEIJING, July 17- China's economy expanded faster-than-expected in the second quarter, setting the country on course to comfortably meet its 2017 growth target and giving policymakers room to tackle big economic challenges ahead of key leadership changes later this year. The boost to growth was in part driven by firmer exports and production, in particular...

  • *Australia's West, East hit by extreme dry weather. The expectation of Australia's shortfall follows news that one of the worst heat waves in decades is devastating wheat crops in southern Europe. Australia's east and west coast regions- the country's largest wheat producing areas- have received less than half the average rainfall typical for the April 1 to...

  • *Asia, Europe stocks gain on Wall Street records, robust China. *Copper hit's 4-1/ 2 month high after China data. LONDON, July 17- Strong data from China kept world shares near a record high on Monday, sent copper to a 4-1/ 2 month peak and left emerging market stocks buyers cheering a near five percent gain in the last five days.

  • BEIJING, July 17- China's economy expanded faster-than-expected in the second quarter, setting the country on course to comfortably meet its 2017 growth target and giving policymakers room to tackle big economic challenges ahead of key leadership changes later this year. The boost to growth was in part driven by firmer exports and production, in particular...

  • *China data surprises on upside, risk sentiment upbeat. LONDON, July 17- The U.S. dollar nursed losses at a 10- month low against a basket of currencies on Monday as investors cheered upbeat Chinese data by piling into leveraged positions such as the Australian dollar and other high-yielding currencies. The Aussie was last at $0.7814 with bulls targeting the 200-...

  • MELBOURNE, July 17- London copper hit its highest since early March on Monday, supported by a weaker dollar and as an upbeat second quarter for China's economy brightened demand prospects for metals. China's economy grew 6.9 percent in the second quarter from a year earlier, faster than expected and in line with the first quarter's growth. The property backdrop...

  • MELBOURNE, July 17- London copper hit its highest since early March on Monday, supported by a weaker dollar and as an upbeat second quarter for China's economy brightened demand prospects for metals. China's economy grew 6.9 percent in the second quarter from a year earlier, faster than expected and in line with the first quarter's growth. The property backdrop...

  • MELBOURNE, July 17- London copper hit its highest since early March on Monday, supported by a weaker dollar and as an upbeat second quarter for China's economy brightened demand prospects for metals. China's economy grew 6.9 percent in the second quarter from a year earlier, faster than expected and in line with the first quarter's growth. The property backdrop...

  • BEIJING/ MELBOURNE, July 17- China churned out record amounts of steel and aluminum in June as producers rushed to cash-in on rallying prices in the wake of a drive by Beijing to crack down on output of low-grade metal. That could fuel concerns the world's top steel producer will export more metal, stoking global oversupply and fanning tensions with the United...

  • BEIJING/ MELBOURNE, July 17- China churned out record amounts of steel and aluminium in June as producers rushed to cash-in on rallying prices in the wake of a drive by Beijing to crack down on output of low-grade metal. That could fuel concerns the world's top steel producer will export more metal, stoking global oversupply and fanning tensions with the United...

  • *Raft of China data top forecasts, GDP +6.9 pct y/y. SYDNEY, July 17- The dollar huddled near a 10- month trough on Monday as upbeat Chinese news and the prospect of only gradual policy tightening in the United States sent investors piling into leveraged positions in higher yielding currencies and risky assets. "It is encouraging for global growth as well because...

  • BEIJING, July 17- China's economy grew 6.9 percent in the second quarter from a year earlier, matching the previous quarter's robust 6.9 percent even as policymakers sought to rein in property and debt risks. *Jan-June property investment +8.5 pct vs +8.8 pct gain Jan-May y/y, according to Reuters calculations from the National Bureau of Statistics' data.

  • *China Q2 GDP growth at 6.9 pct y/y, unchanged from Q1. BEIJING, July 17- China's economy grew faster than expected in the second quarter as industrial output and consumption picked up and investment remained strong, though analysts expect slower growth over the rest of the year as policymakers seek to reduce financial risk. Growth in China's economy this year has...

  • BEIJING, July 17- China's economy grew 6.9 percent in the second quarter from a year earlier, matching the previous quarter's robust 6.9 percent even as policymakers sought to rein in property and debt risks. *Jan-June property investment +8.5 pct vs +8.8 pct gain Jan-May y/y, according to Reuters calculations from the National Bureau of Statistics' data.

  • BEIJING, July 17- China's economy grew 6.9 percent in the second quarter from a year earlier, matching the previous quarter's robust 6.9 percent even as policymakers sought to rein in property and debt risks. *Jan-June property investment +8.5 pct vs +8.8 pct gain Jan-May y/y, according to Reuters calculations from the National Bureau of Statistics' data.

  • BEIJING, July 17- China's economy grew 6.9 percent in the second quarter from a year earlier, matching the previous quarter's robust 6.9 percent even as policymakers sought to rein in property and debt risks. *Jan-June property investment +8.5 pct vs +8.8 pct gain Jan-May y/y, according to Reuters calculations from the National Bureau of Statistics' data.

  • MELBOURNE, July 17- London copper edged up to its highest in two weeks on Monday, supported by a weaker dollar and an upbeat second quarter for China's economy which brightened demand prospects for metals. China's economy grew 6.9 percent in the second quarter from a year earlier, faster than expected and in line with the first quarter's growth.