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  • MANILA/ LONDON, July 28- Demand for gold slid to its lowest in six years in the second quarter of this year as buyers from top consumer China poured funds into its now troubled equities market, an industry report showed on Tuesday. Retail investment from China fell by a quarter and jewellery demand by 23 percent in the April to June period as stock markets there...

  • LONDON, July 28- Gold edged higher on Tuesday but remained near 5-1/ 2- year lows as markets braced for this week's two-day Federal Reserve meeting, at which policymakers are tipped to give further clues on the timing of a U.S. rate increase. Gold hit a low of $1,077 on Friday, its cheapest since early 2010, in a fifth week of losses. "Gold is treading water despite a...

  • LONDON, July 28- Emerging stocks languished near a two-year low on Tuesday after Chinese shares took another beating while currencies, mired around multi-year lows, were pulled in different directions by the rising dollar and falling oil prices. MSCI's emerging market stock index was flat after Chinese shares closed down 1.7 percent with Beijing scrambling...

  • BEIJING— A timeline of government measures aiming at curbing a slide in share prices after China's main market index peaked June 12 and fell sharply in the following weeks:. June 27: Beijing announces a surprise interest rate cut— its fourth since November— in what market analysts say is a move to reassure investors recent changes in bank regulators are not aimed...

  • BEIJING— China's stock market tumbled this week despite a massive government intervention aimed at halting a slide in prices that began last month following an explosive rise. But even with the new additions, a survey by Southwestern University of Finance found the share of households that participate in the market still stood at just 8.8 percent in the...

  • *Kering, Statoil up on encouraging company updates. LONDON, July 28- European shares bounced back on Tuesday, lifted by strong company results and news of acquisitions after falling in the previous five sessions on concerns over China's growth. RSA Insurance Group surged 11.3 percent after Zurich Insurance said it was weighing up a bid for the British group with...

  • *European, U.S. stocks shrug off China fall. Germany's DAX, France's CAC 40 and Britain's FTSE 100 were all up around 0.5 percent too, while S&P futures pointed to similar gains at the open on Wall Street. Earlier, MSCI's broadest index of Asia-Pacific shares outside Japan ended the day 0.2 percent higher after falling nearly 1 percent early on, touching its lowest...

  • LONDON, July 28- The dollar rose from a two-week low against the yen on Tuesday, as investors brushed off China's stock market rout and focused instead on the possibility of a 2015 U.S. interest rate rike ahead of the start of a Federal Reserve meeting. The dollar gained a third of a percent to 123.66 yen, up from its low of 123.01 yen on Monday. "We're in for a little bit of a...

  • HONG KONG, July 28- Hong Kong blue chip stocks rose on Tuesday, bucking falls for mainland shares, on hopes for a stabilizing China market as Beijing hinted at further monetary easing. The Hang Seng Index, which touched a three-week low early Tuesday, rose 0.6 percent, its biggest daily gain since July 17, to 24,503.94. China Eastern Airlines' Hong Kong shares dropped...

  • SHANGHAI, July 28- Chinese shares fell on Tuesday, as Beijing scrambled once again to prop up a stock market whose wild gyrations have heightened fears about the financial stability of the world's second biggest economy. But despite those moves, aimed at bolstering the confidence of the ordinary investors who dominate China's equity markets, the CSI300 index...

  • HONG KONG, July 28- China stocks ended lower in a volatile session on Tuesday, even as Beijing pledged to lend further support after stocks sank 8 percent in the previous session, raising concerns about financial stability in the world's second-biggest economy. "Instead of jumping in to buy stocks, investors liquidated their positions and took to the sidelines...

  • MANILA, July 28- Gold hovered near its weakest level since early 2010 on Tuesday, reflecting investor hesitation to bid up bullion amid growing expectations of a near-term hike in U.S. interest rates. "If anything it's a little bit surprising that we haven't had the safe-haven bid in gold even though you've had these big risk-off moves in the Chinese equity market,"...

  • BEIJING, July 28- China's top economic planner said on Tuesday that it was optimistic on the outlook for the economy in the second half of 2015, but was paying close attention to volatility in the country's stock markets. Beijing is facing an uphill battle to channel money into the real economy but banks are reluctant to lend as the slowing economy fuels a rise in...

  • HONG KONG, July 28- Asian stocks rose from the day's lows on Tuesday as Chinese shares see-sawed after Beijing scrambled to prop them up while some investors took shelter from market volatility in safe-haven assets such as government bonds and the Japanese yen. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3 percent on the day after...

  • TOKYO, July 28- The dollar firmed on Tuesday as cautious investors covered short positions ahead of the start of a two-day U.S. The dollar rose about 0.3 percent on the day to 123.570 yen after falling as low as 123.010 yen on Monday, while the euro was up about 0.2 percent at 136.92 yen, after rising as high as 137.10 in the previous session. "The Chinese market dropped...

  • 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...

  • *China Eastern Airlines falls after Delta agrees to buy stake. HONG KONG, July 28- China stocks were lower by midday on Tuesday, in volatile conditions, even as Beijing pledged to lend further support after stocks sank 8 percent in the previous session, raising concerns about stability in the world's second-biggest economy. They prefer to stay away from the market...

  • *Latest China swoon hits shares elsewhere in Asia. SHANGHAI, July 28- Chinese shares whip-sawed between gains and losses on Tuesday, as Beijing scrambled once again to prop up a stock market whose wild gyrations have heightened fears about the financial stability of the world's second biggest economy. The rapid sell-off, which saw China's major indexes suffer...

  • China's rescue moves are 'moral hazards': Pro

    Tai Hui, chief Asia market strategist at J.P. Morgan Funds, says Beijing's "kitchen sinking" approach creates a "moral hazard" among investors.

  • SHANGHAI, July 28- China's yuan held steady against the dollar on Tuesday after the central bank fixed its midpoint at a two-week high, in a sign that the government hopes to maintain currency stability amid sharp volatility in equities market, traders aid. Beijing typically tries to keep the yuan's exchange rate stable amid domestic and global market...