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  • LONDON, July 30- British Prime Minister Theresa May was concerned about the security implications of a planned Chinese investment in the new Hinkley Point nuclear plant and intervened personally to delay the project, a former colleague and a source said on Saturday. The plan by France's EDF to build two reactors with financial backing from a Chinese...

  • The plan by France's EDF to build two new reactors with financial backing from a Chinese state-owned firm was championed by May's predecessor David Cameron as a sign of Britain's openness to foreign investment. But just hours before a signing ceremony was due to take place on Friday, May's new government said it would review the project again, raising doubts...

  • SHANGHAI, July 30- The European Commission's imposition of heavy anti-dumping duties on Chinese steel bars is "unjustifiable protection for the EU steel industry," the official Xinhua news agency reported, citing a statement from the Ministry of Commerce. China's steel industry, swamped in overcapacity yet a major employer, has struggled to meet capacity...

  • BEIJING— Beijing has criticized new European tariffs on Chinese steel as "unjustifiable" protectionism coming just weeks after commerce ministers from G20 nations pledged to promote free trade. Trade disputes over steel have been a point of contention in G20 talks hosted this year by China. China has denied the accusations and said it is working to cut...

  • Britain's Financial Conduct Authority and the China Securities Regulatory Commission are cooperating on a regulatory framework for a scheme for distributing fund products in each other's jurisdiction and a proposed London- Shanghai link for trading shares, two people with direct knowledge of the matter said. Britain, home to the EU's biggest finance...

  • Speakers: Reserve Bank of India Governor Raghuram Rajan, Swiss National Bank Chairman Thomas Jordan, Monetary Authority of Singapore Managing Director Ravi Menon, Bank Indonesia Deputy Governor Perry Warjiyo, IMF Deputy Managing Director Mitsuhiro Furusawa, Bank of Philippines Governor Amando Tetangco and Federal Reserve Bank of New York President...

  • SUNDAY, JULY 31 BALI, Indonesia- Bank Indonesia and the Federal Reserve Bank of New York hold a two-day international seminar. Speakers: Reserve Bank of India Governor Raghuram Rajan, Swiss National Bank Chairman Thomas Jordan, Monetary Authority of Singapore Managing Director Ravi Menon, Bank Indonesia Deputy Governor Perry Warjiyo, IMF Deputy Managing...

  • *China approval conditional on joint venture stake sale. *Brazil beer volume down 4.5 pct after 10 pct drop in Q1. BRUSSELS/ BEIJING, July 29- Brewer Anheuser-Busch InBev cleared a major hurdle towards its takeover of SABMiller with regulatory approval from China on Friday, leaving the acquisition's future in the hands of the British company's board.

  • TOKYO, July 29- Japanese steelmakers boosted output over April to June, with top producer Nippon Steel& Sumitomo Metal posting its first such rise since 2014 on improved prices, but their annual profits are expected to be eroded as a firm yen hurts key customers. Higher Japanese output, at a time when the world's biggest producer China is also churning out record...

  • BEIJING, July 29- More than ten financial institutions in China pressed the provincial government in Hebei this month to act swiftly to resolve a multi-billion dollar debt crisis that blew up early last year after a state-owned credit guarantee company became technically insolvent. Once China's second-biggest credit guarantor, Hebei Financing...

  • Now some in Hong Kong are dreaming of their own version. The Hong Kong government has tried to counter the activists. Hong Kong became part of China in 1997 after more than a century of British rule.

  • *China expected to release weaker official PMI on Sunday. MELBOURNE, July 29- London nickel fell on Friday but was still on track for gains of more than 11 percent in July as the Philippines cracks down on polluting mines, while copper was set for a modest monthly rise. Local nickel ore producers are the biggest suppliers to China for stainless steel production.

  • SHANGHAI, July 29- China stocks closed lower on Friday as investors dumped small counters amid signs of a fresh regulatory clampdown on rampant speculation, which will hit excessively valued small caps. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.5 percent, to 3,203.93, while the Shanghai Composite Index lost 0.5 percent to...

  • China CSI300 stock index futures for August were flat at 3,193.6, 24.18 points below the current value of the underlying index and suggesting investors are expecting further losses. Among other moves, China is considering rules to restrict investments by small banks in the $3.5 trillion wealth management product industry, draft rules seen by Reuters...

  • HONG KONG, July 29- China's yuan weakened against the dollar on Friday, but looked set for its second straight week of gains in response to stronger midpoints set by the central bank and global dollar weakness. The People's Bank of China set the midpoint rate at 6.6511 per dollar prior to market open, firmer than the previous fix of 6.6597. "Demand to buy dollars is...

  • MELBOURNE, July 29- London nickel fell on Friday but was still on track for more than 12 percent gains in July as the Philippines cracks down on polluting mines, while copper was set for a modest monthly gain. *Shanghai Futures Exchange copper rose 0.7 percent to 37,970 yuan a tonne. *Philippine President Rodrigo Duterte, who began a six-year term on June 30, has warned...

  • Oppo Outlook

    Michael Tran of Oppo, now the leading smartphone brand in China, explains the firm's strategy in emerging markets and upcoming product launches.

  • Trump Asia

    After Mexico, Asia would be most negatively affected by a Trump presidency, explains Nomura chief economist Rob Subbaraman.

  • PORT OF SPAIN- Central Bank of Trinidad and Tobago holds its policy meeting. JOHANNESBURG- South African Finance Minister Pravin Gordhan speaks at the launch of an initiative by EOH and Radio 702 that aims "to provide solutions to South Africa's skills development challenges"- 0430 GMT. LUANDA- Bank of Angola interest rate decision- 1600 GMT.

  • BEIJING _ Baidu Inc. on Thursday reported second-quarter profit of $363.2 million. Three analysts surveyed by Zacks expected $2.59 billion. For the current quarter ending in October, Baidu Inc. said it expects revenue in the range of $2.71 billion to $2.8 billion.