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  • NEW YORK, July 31- Investors worldwide pulled $1.2 billion out of precious metals funds in the week ended July 29 on expectations for higher U.S. interest rates and weakness in Chinese shares, data from a Bank of America Merrill Lynch Global Research report showed on Friday. A sudden, sharp rout across New York and Shanghai markets intensified selling pressure on...

  • BEIJING, July 31- China's sole financial futures exchange will tighten rules governing trading that it regards as "irregular" to tackle what it sees as excessive speculation in the markets, it said on Friday. China's stock markets fell into a savage correction in mid-June, slumping some 30 percent, after more than doubling in a year. Also on Friday, China's...

  • *CSRC has no jurisdiction in HK, Singapore, but does cooperate. HONG KONG/ SHANGHAI, July 31- China is pressing foreign and Chinese-owned brokerages in Hong Kong and Singapore to hand over stock trading records, sources said, extending its pursuit of "malicious" short sellers of Chinese stocks to overseas jurisdictions. At its regular press conference on Friday, the...

  • With almost 80 million people and annual output of some $400 billion, Iran could be the biggest economy to rejoin the global trading and financial system since Russia emerged from the collapse of the Soviet Union more than two decades ago. Iran has already outlined plans to rebuild its main industries and trade relationships, saying last week it was targeting...

  • Beijing to host 2022 Winter Olympics

    CNBC's Eunice Yoon reports on the newly-selected host city for the 2022 Winter Olympics.

  • Trader on the floor of the New York Stock Exchange.

    Here comes the big month of August—and with it many of the remaining clues markets need to decide whether the Fed will actually raise rates in September.

  • China spying on U.S. targets

    A secret NSA map shows nearly 700 Chinese cyber attacks on U.S. economic and government targets. - NBC News Exclusive

  • China hot for winter games

    Beijing will host the 2022 Winter Olympics.

  • HONG KONG/ SHANGHAI, July 31- China plans to raise $160 billion in bonds to fund infrastructure projects over the next few years, sources said, in a sign Beijing is intent on stepping up investment to spur the economy and making good on huge but vague spending pledges. "It's indicative of the leadership's desire to stabilize the overall economy and investment, and...

  • HONG KONG, July 31- Hong Kong's benchmark Hang Seng index ended higher on Friday, but an index tracking Chinese companies fell following ailing mainland shares. The Hang Seng index rose 0.6 percent to close at 24,636.28 points. China stocks fell on Friday and posted their biggest monthly loss in nearly six years, even as Beijing rolled out a series of support...

  • How influential is activism in the chemicals sector?

    Anton Ticktin, partner at The Valence Group, discusses how activist investors are targeting companies in Europe and the impact they have on M&A.

  • HONG KONG, July 31- China stocks fell on Friday and posted their biggest monthly loss in nearly six years, even as Beijing rolled out a series of support measures and promised to step up efforts to bolster the flagging economy. The Shanghai Composite Index, which tracks all the tickers trading on the Shanghai Stock Exchange, lost 1.1 percent to end at 3,664.0 points.

  • SHANGHAI, July 31- Chinese authorities have arrested seven people who allegedly lured in half a billion dollars from investors by illegally offering huge amounts of leverage as high as lending 100 yuan for every yuan in collateral, a prosecutor said on Friday. The Longwan district prosecutor in the coastal city of Wenzhou said on its official microblog that...

  • *China securities regulator asking brokerages for offshore trading records-sources. HONG KONG/ SHANGHAI, July 31- China is asking foreign and Chinese-owned brokerages in Hong Kong and Singapore to hand over stock trading records, sources with direct knowledge of the requests told Reuters, extending its pursuit of investors shorting Chinese stocks to...

  • Coca-Cola Enterprises, an independent bottling company of Coca-Cola products, surged on a report that it is in merger talks with two of its European counterparts. BIG OIL HUMBLED: Shares of Exxon Mobil and Chevron, the two largest publicly-traded energy companies, fell roughly 5 percent each. Chevron reported a profit of 30 cents a share, well below the $1.13...

  • *Asia stocks set for July loss after worst China drop in 6 years. SINGAPORE/ TOKYO, July 31- Asian shares inched higher on Friday but were still set to post a loss for July, led by China's biggest monthly drop in six years. Financial spreadbetters predicted Britain's FTSE 100 to open 2 to 4 points higher, or up 0.06 percent, Germany's DAX to gain 2 to 3 points, or almost flat...

  • HONG KONG/ SHANGHAI, July 31- China has asked financial institutions in Singapore and Hong Kong for stock trading records, sources with direct knowledge told Reuters, widening its pursuit of investors shorting Chinese stocks as Beijing struggles to stabilise queasy exchanges. The CSRC has no regulatory jurisdiction in Hong Kong or Singapore, but regulators...

  • HONG KONG/ SHANGHAI, July 31- Agricultural Development Bank of China, one of China's main policy lenders, and other development banks will issue over 1 trillion yuan of new bonds in coming years to fund lending for infrastructure projects, three people with direct knowledge of the plans told Reuters. The bonds will be issued in multiple tranches, the first as soon...

  • SHANGHAI, July 31- China's securities watchdog is investigating the impact of automated trading on share markets, as authorities step up a crackdown on what they regard as heavy speculative selling that could destabilize the world's second-largest economy. Fearing the turmoil could spill over into the wider economy, which had already been cooling, the...

  • HONG KONG, July 31- China stocks fell on Friday and looked set to suffer their biggest monthly loss in nearly six years even as Beijing rolled out a series of support measures and promised to step up efforts to bolster the flagging economy. China CSI300 stock index futures for August fell 0.1 percent to 3,678.6, but was still 133.74 points below the current value of...