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  • BEIJING, Aug 31- China's slowing economy has taken its toll on the first-half earnings of major construction machinery makers Zoomlion Heavy Industry Science and Technology Co Ltd and Sany Heavy Industry Co Ltd.. Even China's pledge to support the Silk Road infrastructure initiative with $40 billion worth of investments may not be enough to revive the heavy...

  • What can Beijing do to restore confidence?

    Beijing will continue restoring confidence through supportive policy measures and a witch hunt for market "manipulators," says Vasu Menon, VP of group wealth management at OCBC.

  • 35-40% chance of September liftoff: JPMorgan

    If the Fed plans to hike interest rates this year, September is the best time, explains Sally Auld, fixed income and FX strategist at J.P. Morgan.

  • Fed just likes to talks tough: Expert

    Price Headley, founder and president, BigTrends.com, says the Fed will only hike rates in December or later given low inflation rates.

  • Asia gears up for a busy week ahead

    CNBC's Christine Tan takes you through this week's key risk events in Asia, including China's purchasing manager's index (PMI) and growth reports from India and Australia.

  • For decades, Chinese economic policymakers have drawn praise for keeping their economy growing strongly through turbulence, such as the Asian financial crisis of 1997-1998 and the worldwide financial tumult of 2008. But investors have begun to lose faith in Beijing's economic management. The intervention undermined Beijing's pledge to give market...

  • The Dow Jones industrial average has lost nearly 1,000 points since China's surprise move to devalue its currency Aug. 11. For all its woes, China still outruns every other major economy. For 2015, while the nearly healthy U.S. economy will expand perhaps 2.5 percent, even most pessimistic analysts predict that China's will grow at least 5 percent.

  • BEIJING, Aug 30- Major Chinese construction machinery maker Zoomlion Heavy Industry Science and Technology Co Ltd swung to a net loss in the first half amid a sustained downturn of the domestic market. In January-June, Zoomlion booked a 309.8 million yuan net loss, in line with its own forecast of 300- 380 million yuan, according to a stock exchange filing on Sunday.

  • BEIJING, Aug 30- Major Chinese construction machinery maker Sany Heavy Industry Co Ltd on Sunday reported a 75.6 percent fall in its first half earnings amid a sustained downturn of the domestic market. Encouraged to expand after Beijing fired up a $644 billion stimulus package in 2008, Chinese heavy equipment makers are stuck with a glut of unsold equipment,...

  • BEIJING, Aug 30- China faces a "formidable task" to clean up its rivers and lakes and needs a fundamental change in attitudes to prioritise the environment over economic development at all cost, vice premier Wang Yang said. China published a water pollution prevention action plan in April, promising to improve water supplies in the world's most populous country...

  • HONG KONG, Aug 30- Ageas has agreed to sell its Hong Kong insurance unit to a China- based asset manager JD Capital for HK $10.7 billion, the Belgian insurer said in a statement on Sunday, exiting a business it acquired eight years ago. "The decision to sell our business in Hong Kong follows a strategic review of our Asian activities in which we concluded that it is in the...

  • BEIJING, Aug 30- China's economy is growing at a "reasonable" pace and, despite growing pressure, the government can handle well the risks the country faces, Chinese Premier Li Keqiang said. Li said international market instability "has increased the uncertainties around the global economic recovery, and the impact on China's financial market and imports and...

  • *Estimated HK $1.57 tln a year channelled through Macau. HONG KONG, Aug 30- Just days after authorities raided five pawn shops in the Chinese territory Macau, many of the neon-lit stores in the world's biggest gambling hub are still letting punters make fake purchases to skirt rules on how much cash they can take out of China. The transaction, which took less than 10...

  • China crisis covers tracks of Japan Saturday, 29 Aug 2015 | 8:42 PM ET

    *China crash most closely matches Japan's in early 90 s. *China more active, Japan response too little, too late. The abrupt end of Japan's boom in the 1990 s, complete with stock crash and property bust, offers the most striking similarities, and the most valuable lessons.

  • *Japanese in China worried about anti- Japan sentiment. BEIJING, Aug 30- Beijing is battening down the hatches and cranking up the propaganda ahead of a massive military parade this week to mark the end of World War Two, shooing cars from streets and shutting factories for the Communist Party's biggest event of the year. Some 12,000 soldiers will march through...

  • BEIJING— Workers were overcome with toxic gas from a paper mill's waste pool and seven of them died, authorities said Saturday, in China's latest deadly accident involving dangerous chemicals. The pair of incidents follows China's worst industrial accident in recent years, a massive explosion at a warehouse storing toxic chemicals in the port of Tianjin that...

  • BEIJING, Aug 29- China on Saturday defended the recent revamp of its foreign exchange regime that led to a sharp devaluation of the yuan, calling it a "normal adjustment". On Aug. 11, in a move that stunned markets, China devalued the yuan by nearly 2 percent. China allows the yuan to rise or fall a maximum of 2 percent from a day's midpoint.

  • CHARLESTON, S.C.— If there was ever a week for the Republican presidential candidates to talk tough on China, this was it. It's rhetoric that doesn't always square with the realities of the relationship between the world's two largest economies, said experts on America's ties with China, even if it does make for nifty campaign sound bites. "When you're in the early...

  • BEIJING— Seven workers were killed and two injured after exposure to poisonous gasses at a paper mill in central China, authorities said Saturday, in the latest in a spate of deadly accidents to strike the country involving dangerous chemicals. It follows China's worst industrial accident in recent history, a massive explosion at a warehouse storing toxic...

  • CHARLESTON, S.C.— If there was ever a week for the Republican presidential candidates to talk tough on China, this was it: Spurred by the stock market's wild ride, they lashed out at the world's most populous nation. It's rhetoric that doesn't always square with the realities of the relationship between the world's two largest economies, said experts on America's...