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  • *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— Shanghai stocks were volatile Tuesday after falling the most in eight years the day before while other Asian markets also flitted between gains and losses. CHINA'S PLUNGE: The Shanghai index fell the most since February 2007 on Monday, plunging 8.5 percent despite a massive government intervention. The Shanghai index had risen nearly 150 percent...

  • *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...

  • 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...

  • TOKYO, July 28- The benchmark Japanese government bond yield slipped to an eight-week trough on Tuesday on flight-to-quality spurred by a global retreat in equities, although market wariness towards driving yields too low kept the decline shallow. Stock markets sank globally after Shanghai stocks on Monday marked their biggest fall since 2007, deepening...

  • Tracking Baidu's shift to O2O services

    Alex Wong, director of asset management at Ample Capital, discusses Baidu's shift to online-to-offline (O2O) sales.

  • Go all in on China's A-shares, says this expert

    Wong Kok Hoi, managing director & CIO of APS Asset Management in Singapore, says the driving forces of the bull market in China remain intact.

  • BEIJING, July 28- China's top economic planner said it was optimistic on the outlook for the economy in the second half of 2015, but was paying close attention to fluctuations in the country's stock markets. Speaking at a briefing in Beijing on Tuesday, Li Pumin, secretary general of the National Development and Reform Commission, described the recent activity...

  • *Latest China swoon hits shares elsewhere in Asia. SHANGHAI, July 28- Chinese shares sank more than 3 percent on Tuesday, as Beijing scrambled once again to stabilise 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 their...

  • Insurance funds invested 60.11 percent of their capital in banking deposits and bonds over the same period, a 5.17 percentage point drop from the end of last year, the China Insurance Regulatory Commission said in a press release issued at a briefing in Beijing.