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Asia Top News and Analysis China

  • *HSBC slides after saying U.S. fine may exceed $1.5 bln. HONG KONG, Nov 6- Hong Kong shares slipped further from 2012 highs as investors took profits in some recent outperformers, with turnover subdued ahead of the U.S. presidential election later on Tuesday.

  • HONG KONG, Nov 6- Hong Kong shares slipped further from 2012 highs with a second-straight loss on Tuesday, as investors took profits on some recent outperformers ahead of the U.S. presidential election.

  • YOKOHAMA, Japan, Nov 6- Nissan Motor Co cut its full-year net profit forecast by a fifth to $3.99 billion, joining rival Honda Motor, after car sales tumbled in China, the world's biggest autos market, amid anti-Japanese protests over a territorial dispute.

  • YOKOHAMA, Japan, Nov 6- Nissan Motor Co cut its full-year net profit forecast by 20 percent to 320 billion yen, joining rival Honda Motor, after car sales tumbled in China, the world's biggest autos market, amid anti-Japanese protests over a territorial dispute.

  • HONG KONG, Nov 6- China shares had their worst day in a more than a week on Tuesday, with retail investors spooked by a mainland news report that suggested institutional investors who previously invested in exchange-traded funds had sold into strength last week.

  • *C.bank fixes slightly higher midpoint despite stronger dollar. *Spot exchange rate trades at strong side of limit all morning. SHANGHAI, Nov 6- China's central bank set a slightly firmer midpoint on Tuesday but corporates continued to swap out dollars for yuan, causing the exchange rate to once again bump against its strong-side limit.

  • HONG KONG, Nov 6- China shares were headed for their worst day since Oct. 26 and weighing on the Hong Kong market, with retail investors worried by a state media report about substantial redemptions of the mainland's exchange-traded funds last week.

  • SINGAPORE, Nov 6- Gold traded little changed on Tuesday as investors awaited potential policy spinoffs from the U.S. presidential election, while China's upcoming leadership transition and Greece's strike over a new austerity package also kept sentiment cautious.

  • *Romney has said will declare China currency manipulator on ``day one''. Presidential candidate Mitt Romney would lack the legal power to label China a currency manipulator on his first day in office should he win Tuesday's election, offering him a way out of what experts say is the weakest claim on the issue for years.

  • Should You Buy China?

    Tom Stevenson, investment director at Fidelity, tells CNBC that the Chinese have three major challenges ahead of them, a reduction in the growth rate, the need to rebalance the economy and political reforms.

  • We’re Not Looking for Rosneft Deal…Yet: Lukoil

    In the end, the rumored pre-election release in mid-September of U.S. strategic oil reserves, aimed at easing high gasoline prices, never materialized. But if the tense political backdrop in the Middle East escalates, many believe supply threats will return to the fore, sending the price of benchmark Brent crude oil past $120 a barrel and renewing calls for a release of emergency supplies.

  • SINGAPORE, Nov 6- Gold traded steady on Tuesday as investors awaited potential policy spinoffs from the U.S. presidential election, while China's upcoming leadership transition and Greece's strike over a new austerity package also kept sentiment cautious.

  • GENEVA, Nov 5- China will later this month enter talks to create an Asian free-trade bloc covering 28 percent of world GDP, a reaction to U.S. progress in forming a Trans-Pacific Partnership that excludes China, South Korean Trade Minister Taeho Bark said on Monday.

  • Businesses Will Have a Lot of ‘Concerns’ If Obama Wins: Ross

    An Obama re-election will only fuel corporate America’s fears as it holds back on investing in the country amid a stalemate over the “fiscal cliff” and lack of clarity over tax rates, billionaire investor Wilbur Ross told CNBC.

  • TOKYO, Nov 6- Japan's Nikkei share average is likely to be contained in a narrow range on Tuesday as investors avoid taking big positions ahead of the U.S. election outcome, with a weak yen offering support to exporters.

  • Will Focus on China Make A Difference at the Polls?

    Sean King, Senior Vice President, Park Strategies compares Former President Clinton's relationship with China with how Romney and Obama currently see the country.

  • *Greece funding, China leadership adds to uncertainty. NEW YORK, Nov 5- Oil rebounded on Monday from the previous session's sharp loss while metals and crop prices mostly fell as financial markets treaded warily ahead of the U.S. presidential election and amid recovery work on the destruction left by Hurricane Sandy.

  • Two 'Very Different' Election Outcomes for FX Markets: Pro

    Callum Henderson, Global Head of FX Research at Standard Chartered, says currency investors could see two very different scenarios based on the results of the U.S. elections.

  • China’s New Leaders - Growth During Transition

    Here is a run-down of the main figures in China's Communist Party as the country names the "Fifth Generation" of leaders to the helm of the world’s second largest economy.

  • True Agenda of China’s New Leader Still a Mystery

    Five years ago, Xi Jinping, the man expected to shortly become one of the two most powerful men in China, was having dinner with the U.S. ambassador to Beijing, when he brought up his love of Hollywood movies. In particular, he expressed a great admiration of Steven Spielberg’s World War II epic “Saving Private Ryan.”