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  • 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...

  • 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...

  • *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.

  • 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.

  • Duterte Security

    The Philippine might have won The Hague's ruling but China has the operational upper hand in the South China Sea, says DLSU's Richard Heydarian.

  • G20 Finance Ministers and Central Bank Governors pose during a group photo photo the G20 Finance Ministers and Central Bank Governors meeting on July 24, 2016 in Chengdu, China.

    The world's biggest economies will work to support global growth and better share the benefits of trade, policymakers said during the G-20 meeting.

  • MELBOURNE, July 25- London copper inched 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. *Shanghai Futures Exchange copper fell by 0.9 percent to 38,120 yuan a tonne. *The world's biggest economies will work to support global growth and...

  • China Economy

    Saxo Bank's Steen Jakobsen says China's advantage is that its productivity levels can be improved through market liberalization reforms.

  • VIENTIANE, Laos— The Latest on the meeting of foreign ministers from the Association of Southeast Asian Nations:. A highly anticipated meeting between Southeast Asian foreign ministers and their Chinese counterpart Wang Yi has begun in what is expected to be tense discussions on China's territorial expansion in the South China Sea. Wang Yi arrived at the Lao...

  • Brexit Process PKG

    IMF First Deputy MD David Lipton tells CNBC that U.K.-EU negotiations need to be amicable so they don't create unnecessary uncertainty.

  • CHENGDU, China July 24- Global finance officials, jolted by growing anti-trade and economic nationalism movements behind Britain's vote to leave the European Union and Donald Trump's U.S. presidential campaign, are intensifying pledges for more "inclusive" growth. Certainly, the benefits of these efforts are unlikely to be seen quickly enough to influence...

  • *Britain comes under pressure at G20 to give Brexit clarity. CHENGDU, China, July 24- Britain's new finance minister Philip Hammond, under pressure from his peers from around the world, said on Sunday there could be more clarity later this year on how the country will exit the European Union. Several nations called on Britain during weekend talks on the world...

  • CHENGDU, China, July 24- The world's biggest economies will work to support global growth and better share the benefits of trade, policymakers said on Sunday after a meeting dominated by the impact of Britain's exit from Europe and fears of rising protectionism. Philip Hammond, Britain's new finance minister, said the uncertainty about Brexit would begin to...

  • BEIJING— China's Ministry of Commerce says it has imposed anti-dumping duties on steel imports from Japan, South Korea and the European Union. The ministry said China started levying the duties on Saturday and would continue to do so for five years. For its part, Beijing faces mounting criticism from the United States and Europe that it is exporting steel at...

  • CHENGDU, China, July 24- Japanese Finance Minister Taro Aso welcomed on Sunday that G20 finance leaders reaffirmed their support for currency market stability in a communique issued at the end of a two-day meeting. Aso, speaking to reporters after the G20 meeting in the southwestern Chinese city of Chengdu, voiced concerns about declines in the Chinese yuan,...

  • CHENGDU, China July 24- Global finance officials, jolted by growing anti-trade and economic nationalism movements behind Britain's vote to leave the European Union and Donald Trump's U.S. presidential campaign, are intensifying pledges for more "inclusive" growth. Certainly, the benefits of these efforts are unlikely to be seen quickly enough to influence...