GO
Loading...

Enter multiple symbols separated by commas

Asia Top News and Analysis China

More

  • *July PMI in China curbs risk sentiment. LONDON, Aug 3- Weak data from China helped push oil prices to their lowest in six months on Monday, knocking the Canadian dollar, and sent Asian stocks close to their 2015 lows. The S&P 500, Dow Jones Industrial and Nazdaq markets all looked set to open little changed, shrugging off the troubles of Greece whose stock market...

  • Commodities signaling big slowdown ahead for China Monday, 3 Aug 2015 | 6:41 AM ET
    Commodities signaling big slowdown ahead for China

    Jing Ulrich, JPMorgan Chase, discusses China's turbulent summer as the central government tries to stabilize the market amid weak economic data.

  • China freezes Citadel account amid probe Monday, 3 Aug 2015 | 6:19 AM ET
    China freezes a Citadel account amid probe

    CNBC's Eunice Yoon reports China's market regulator has suspended trading of a Citadel brokerage account while investigating suspected trading irregularities.

  • *HSBC to sell Brazil arm to Bradesco for $5.2 bln. HONG KONG/ LONDON, Aug 3- HSBC Holdings beat expectations with a 10 percent rise in first-half profit thanks to a strong performance in Hong Kong and said it had agreed a $5.2 billion sale of its business in Brazil. HSBC said its first-half profit growth was driven by an investing frenzy in Hong Kong among individual...

  • Nam Tai posts 2Q profit Monday, 3 Aug 2015 | 6:12 AM ET

    SHENZHEN, China _ Nam Tai Property Inc. on Monday reported second-quarter net income of $816,000, after reporting a loss in the same period a year earlier. The Shenzhen, China- based company said it had profit of 2 cents per share. This story was generated by Automated Insights using data from Zacks Investment Research.

  • *China July factory activity weaker than feared. *Soft China demand weighs on its export-reliant Asia neighbors. LONDON/ SYDNEY, Aug 3- Economic headwinds facing Chinese manufacturers intensified last month, with conditions deteriorating to their weakest level in two years, while euro zone factories largely shrugged off Greece's brush with bankruptcy.

  • LONDON, Aug 3- Copper prices hit six-year lows on Monday as manufacturing data from top consumer China and a slide in Shanghai equities reinforced concern about economic growth prospects. The metal used in power and construction was at $5,161 at 0942 GMT from $5,230 at Friday's close. July manufacturing activity in China fell at its fastest pace in two years,...

  • *Stocks in Shanghai, Shenzhen end broadly down. SHANGHAI, Aug 3- China's markets regulator has frozen a trading account linked to Citadel Securities, a unit of the U.S. group that also owns hedge fund Citadel LLC, as Beijing battles against speculators to prop up China's ailing stock markets. The Shanghai and Shenzhen markets fell again on Monday, undermined by...

  • LONDON, Aug 3- The Greek stock market slumped when it reopened on Monday after being shut down for five weeks, while weak data from China helped push oil prices to their lowest in six months and Asian stocks close to their 2015 lows. Surveys showed China's factory activity contracted by the most in two years, ensuring a three-month sell-off in commodity and...

  • Experts aim to determine whether the part comes from the plane, which disappeared on March 8, 2014, en route from Kuala Lumpur to Beijing with 239 people on board. The fragment was found on the French Indian Ocean island of Reunion and returned to the French mainland last week. Before the part arrived in France, investigators had a high-degree of confidence that...

  • China: 'Continued deterioration' in manufacturing Monday, 3 Aug 2015 | 4:20 AM ET
    China: 'Continued deterioration' in manufacturing

    China's July manufacturing PMI was at a two-year low. Richard Iley, chief economist of emerging markets at BNP Paribas, discusses the economy.

  • HONG KONG, Aug 3- Hong Kong's benchmark Hang Seng index ended lower on Monday, tracking China indexes on weak factory activity, but buying interest in HSBC after it posted forecast-beating results pulled the blue-chip index off its low. HSBC beat expectations with a 10 percent rise in first-half profit on Monday and said it had agreed on the sale of its...

  • *HSBC to sell Brazil unit to Bradesco for $5.2 bln. HONG KONG, Aug 3- HSBC Holdings beat expectations with a 10 percent rise in first-half profit on Monday, driven by a strong performance in Hong Kong, and said it had agreed the sale of its unprofitable Brazilian unit. HSBC has become increasingly reliant on Hong Kong for profits as its businesses in Europe, the United...

  • HONG KONG, Aug 3- Shanghai shares fell on Monday as a survey showed weak factory activity and some investors stayed on the sidelines after mainland stocks suffered their worst monthly loss in six years in July. The CSI300 index of the largest listed companies in Shanghai and Shenzhen returned to positive territory in late trade, rising 0.33 percent to 3,829.24.

  • *Factory activity in Taiwan, South Korea and Indonesia also weak. *UK, Europe, US PMIs due later in the day. Similar business activity surveys for Taiwan, South Korea and Indonesia- all heavily reliant on Chinese demand- reflected varying degrees of weakness that is clouding hopes for a convincing global recovery in the second half of the year.

  • Who is eyeing the renminbi? Monday, 3 Aug 2015 | 2:00 AM ET
    Who is eyeing the renminbi?

    Steen Jakobsen, chief economist at Saxo Bank, says everyone east of Europe is likely to have interest in the Chinese renminbi.

  • China stimulus unhelpful long-term: Founder Monday, 3 Aug 2015 | 1:30 AM ET
    China stimulus unhelpful long-term: Founder

    Charles Liu, founder of Hao Capital, says further stimulus by the Chinese government wouldn't be very helpful in the long term.

  • *HSBC to sell Brazil unit for $5.2 bln. HONG KONG, Aug 3- HSBC Holdings said its first-half profit climbed a better than expected 10 percent, driven by a strong performance in Hong Kong that comes as the bank considers moving its headquarters to the Asian financial hub. HSBC also announced on Monday the sale of its Brazil unit to Banco Bradesco SA, the country's...

  • BEIJING, Aug 3- China's factory activity shrank more than initially estimated in July, contracting the most in two years as new orders fell and dashing hopes that the world's second-largest economy may be steadying, a private survey showed on Monday. Fears of a full-blown market crash have added a new sense of urgency for policymakers in Beijing, with many...

  • China: a double-edged sword for HSBC? Monday, 3 Aug 2015 | 1:10 AM ET
    China: a double-edged sword for HSBC?

    Peter Thal-Larsen, Asia editor for Reuters Breakingviews, says there are still growth opportunities in China for HSBC.