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  • WASHINGTON— Britain's decision to quit the European Union has elevated the risks to U.S. financial stability, though they remain moderate, U.S. Treasury Department experts say. The report issued Monday by Treasury's Office of Financial Research comes a day after global finance officials promised to protect the world economy from the shockwaves of Britain's "...

  • LONDON, July 25- Zinc resumed its rally on Monday, powered by falling mine supply and copper fell as a sharp drop in oil prices overshadowed expectations of looser global central bank policy. G20 finance chiefs vowed at the weekend to use "all policy tools" to lift global growth after a meeting dominated by the impact of Britain's exit from the European Union.

  • Philippines President Duterte to push for bilateral talks with China

    Rodrigo Duterte will hold his first national security council following his landslide election victory.

  • An employee scans iPhone boxes during a sales launch at the Apple Inc. Store in Palo Alto.

    Apple is about to sell its billionth iPhone, a rare achievement for any consumer electronics company, the Financial Times reported.

  • People experience in new Apple Store at Jiefangbei in Yuzhong District on January 31, 2015 in Chongqing, Sichuan province of China.

    Apple could face further woes in China when it reports third-quarter earnings thanks to its iPhone market share in China slipping to 2014 levels.

  • SHANGHAI/ TOKYO, July 25- China dodged criticism of its economic management at a G20 meeting it hosted on the weekend, even winning plaudits for yuan transparency, much to the frustration of Japanese officials who are calling for more reforms from Beijing. "We have been very polite with China," said a European official at the meeting in the southwestern Chinese city...

  • LONDON, July 25- Zinc resumed its rally on Monday powered by falling mine supply, while copper edged up on expected looser global central bank policy. G20 finance chiefs vowed at the weekend to use "all policy tools" to lift global growth after a meeting dominated by the impact of Britain's exit from Europe. Three-month copper on the London Metal Exchange rose 0.4...

  • BEIJING— An official news agency says China has unveiled the world's largest amphibious aircraft that Beijing plans to use for marine missions and fighting forest fires. The Xinhua News Agency said the AG600 rolled off a production line in Zhuhai in southern China on Saturday. Last week, a Cessna 208 B seaplane making its inaugural flight in China crashed into a...

  • SHANGHAI, July 25- Consecutive defaults by Dongbei Special Steel Group Co Ltd and the passive stance of the company and the local government may damage the credit market in Liaoning province, online financial magazine Caixin said on Monday, citing a report by China Chengxin Credit Rating. Bondholders have targeted the Liaoning provincial government, which...

  • MELBOURNE, July 25- London copper edged higher on Monday as the metal was supported by the prospect of a protracted period of looser global central bank policy, but expectations for more supply kept a lid on prices. In the very near term, with markets struggling to find direction, a softer close on Friday left prices open to a deeper correction on profit-taking, a...

  • SHANGHAI, July 25- China stocks closed marginally higher in sluggish trading on Monday as a lack of fresh market cues kept many investors on the sidelines. Total volume of A shares traded in Shanghai was 14.4 billion shares, while Shenzhen volume was 19.3 billion shares. The Shenzhen- listed stock has still plummeted more than 20 percent since early July, battered...

  • VIENTIANE, Laos— China scored an unequivocal diplomatic victory Monday, preventing Southeast Asia's main grouping from criticizing it for territorially expanding in the South China Sea, even though some of the bloc's members are victims of Beijing's actions. Most significantly, it failed to mention a recent ruling by an international arbitration panel in a...

  • Philippine President-elect Rodrigo Duterte.

    The Philippines' new president holds his first security council meeting Monday, and The Hague's ruling will be top of the agenda.

  • BEIJING July 24- China, accused of flooding world markets with cheap steel, has started levying anti-dumping duties as high as 46.3 percent on electric steel products imported from Japan, South Korea and the European Union, according to China's official Xinhua news agency said on Sunday. China began levying the duties on Saturday after an investigation by the...

  • South China Sea

    World Policy Institute's James Nolt says China and the Philippines might sit on the discussion table given the importance of trade ties.

  • *Shanghai indexes edge higher, Hong Kong's lower. SHANGHAI, July 25- China stocks were mixed in narrow trade on Monday due to a lack of market cues while Hong Kong shares were seen consolidating recent gains. Total volume of A shares traded in Shanghai was 7.63 billion shares, while Shenzhen volume was 10.31 billion shares.

  • China Fixed Income

    China Knowledge's Charles Chaw says China's debt-to-GDP is about 65 percent compared to Japan's 200 percent, which shows the bond market has room for growth.

  • Shift from monetary policy to fiscal stimulus: Pro

    Miranda Carr, head of China thematic research at Haitong Securities (UK) Ltd, talks about the hot topic of strong, sustainable growth at the G-20 summit.

  • BEIJING, July 25- Borrowing costs and access to funding are the key obstacles to private investment in China, a senior official at the top economic planning agency said on Monday, after private investment growth shrank to a record low. Growth in investment by private firms, which accounts for over 60 percent of total investment in China, fell to a new record low in...

  • A worker stands on piles of industrial products before exporting, at a port of Lianyungang, China

    China is making efforts to reform its debt-laden economy, but authorities could do even more, the IMF's First Deputy MD David Lipton says.