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Asia Top News and Analysis China

  • SHANGHAI/ LONDON, Feb 21- For years, cash-rich Chinese investors have been highly sought after the world over. China's increasing efforts to prevent capital from leaving the country are eroding the confidence of domestic and foreign investors about getting deals done inside and outside of the world's second-biggest economy. Chinese bidders had become...

  • *Potential buyers to be tapped in India, Japan, Middle East. SINGAPORE/ NEW DELHI/ BEIJING, Feb 21- China's Sinochem is exploring the sale of its 40 percent stake in Brazil's Peregrino offshore oilfield, four people familiar with the matter told Reuters, a deal that could see the state-owned conglomerate walk away from what was once touted as a key overseas asset...

  • BEIJING _ Changyou.com Ltd. on Tuesday reported fourth-quarter net income of $41 million. The Beijing- based company said it had net income of 77 cents per share. Changyou.Com shares have climbed 18 percent since the beginning of the year.

  • BEIJING _ Ata Inc. on Monday reported fiscal third-quarter earnings of $10.9 million. For the current quarter ending in March, Ata Inc. said it expects revenue in the range of $3.8 million to $4.5 million. Keywords: Ata Inc., Earnings Report.

  • BEIJING _ Sohu.com Inc. on Tuesday reported a loss of $65.9 million in its fourth quarter. For the current quarter ending in April, Sohu.com expects its results to range from a loss of $1.80 per share to a loss of $1.55 per share. Sohu.com shares have risen 16 percent since the beginning of the year.

  • US remains most important market globally: De Beers CFO

    De Beers CFO Nimesh Patel speaks about earnings and his company's business in the U.S. and China.

  • Wilbur Ross

    In an industrial park in Jiaxing, China, CNBC went to find a factory in which Wilbur Ross had invested.

  • MELBOURNE, Feb 21- London copper slipped on Tuesday as the dollar pushed ahead, but ongoing supply concerns from industrial action in Chile and an Indonesian export permit dispute underpinned prices. Three-month copper on the London Metal Exchange slipped by 0.5 percent to $6,036.50 a tonne by 0720 GMT, paring gains after a 1.9 percent rally in the previous...

  • BEIJING— China's No. 2 leader expressed hope Tuesday that disputes with U.S. Despite Trump's promises to raise duties on Chinese goods, Premier Li Keqiang said Beijing has a "stable, optimistic outlook" on trade with the United States. Trump argues that the existing order has short-changed Americans by exposing them to unfair competition with low-wage foreign...

  • *Potential buyers to be tapped in India, Japan, Middle East. SINGAPORE/ NEW DELHI/ BEIJING, Feb 21- China's Sinochem is exploring the sale of its 40 percent stake in Brazil's Peregrino offshore oilfield, four people familiar with the matter told Reuters, a deal that could see the state-owned conglomerate walk away what was once touted as a key overseas asset because...

  • SHANGHAI, Feb 21- China stocks extended gains on Tuesday to close at a near three-month high, as expectations for big flows into stock markets from pension funds continued to improve risk appetite. "Pension funds will be the biggest source of incremental capital in the near future, and they would surely pick shares of industry bellwethers and consequently boost...

  • CNBC's Eunice Yoon reports on Wilbur Ross' business ventures in China - following his criticisms that the country had taken U.S. jobs.

  • These sectors are hiring in China

    Robert Pu, CFO of Zhaopin, talks about operations at the online job platform and about the job market in China.

  • *Cbank looks to get money more quickly to weakest sectors. BEIJING, Feb 21- China's central bank said on Tuesday that it will extend a preferential scheme for some banks that will free up additional funds for lending, as long as they channel money to weaker, cash-starved sectors of the economy. The People's Bank of China launched a program in 2014 that allows banks to...

  • his picture taken on December 14, 2012 from China's northeastern city of Dandong, looking across the border, shows a North Korean military officer (R) and a North Korea man (L) standing behind a pile of coal along the banks of the Yalu River in the northeast of the North Korean border town of Siniuju.

    A surprise announcement from Beijing last weekend that it had banned coal imports from North Korea is causing a fracas in China’s coal market.

  • Federal Reserve's latest meeting and Wall Street prepared to reopen after a three-day weekend. KEEPING SCORE: In early trading, Germany's DAX advanced 0.2 percent to 11,850.27 while London's FTSE 100 retreated 0.4 percent to 7,270.38. On Monday, the DAX gained 0.5 percent while the FTSE 100 lost 0.2 percent and the CAC 40 shed 0.1 percent.

  • Is China becoming less welcoming to investments?

    Gareth Nicholson of Aberdeen Asset Management Asia says fixed investment in China isn't leaving, but it isn't increasing either.

  • *Inflows from China pension funds will top $1 bln- media. SHANGHAI, Feb 21- Shanghai stocks edged up on Tuesday morning to an 11- week high, as risk appetites were improved on hopes for big flows into stock markets from pension funds plus news that some companies have scrapped new share sales. Tian Weidong, analyst at Kaiyuan Securities in Xi'an, said one part of the...

  • "In recent years some products have indeed moved offshore but at the same time many high-end industries have moved to China," Gao told reporters. Foreign direct investment to China fell 9.2 percent in January to 80.1 billion yuan. An annual survey from the American Chamber of Commerce in China released last month showed that more than 80 percent of its members...

  • This undated picture released by North Korean news agency, KCNA (Korean Central News Agency) on February 2, 2017 shows North Korean leader Kim Jong-Un visiting newly built Pyongyang Orphans' Primary School.

    North Korea will probably be “the single most defining geopolitical challenge” for the Trump administration, a former NSC Asia director said.