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Asia Top News and Analysis China

  • *Wall St falls after end of two-day Fed policy-making meeting. NEW YORK, Oct 24- Global shares fell on Wednesday after the Federal Reserve stuck to its plan to keep stimulating U.S. growth, while the euro slipped on signs that the euro zone is heading toward a deeper recession than previously feared.

  • *Treasury auctions $35 billion of 5- year notes. NEW YORK, Oct 24- Prices for U.S.

  • ANZ CEO: Doing More With Less

    Mike Smith, CEO at ANZ says that the bank is continuing to invest and is becoming more productive, while learning to do more with less cost in its core franchises.

  • Mad Money, October 24, 2012

    Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.

  • Crude oil stocks in the United States jumped 5.9 million barrels last week, the U.S. Energy Information Administration said in a weekly report, well above the increase of 1.9 million barrels in a Reuters survey of analysts.

  • LONDON, Oct 24- Copper closed near six-week lows on Wednesday as the dollar rose and investor sentiment soured on weak euro zone data, but signs of recovery in top metals consumer China limited losses.

  • *Boeing climbs after earnings, outlook. NEW YORK, Oct 24- U.S. stocks were little changed on Wednesday, supported by a slight pickup in manufacturing and a surge in new home sales, while Boeing gave the Dow a boost after raising its full-year forecast.

  • THE NUMBERS: Business software maker SAP AG's third-quarter profit fell 51 percent because of a large year-ago gain stemming from a legal settlement. But revenue grew 16 percent, and the company lifted its sales outlook for the year.

  • COCOA BUZZKILL: Cocoa fell 4 percent on reports of good production in several African nations, including the Ivory Coast. Traders also speculated about the potential for diminishing demand in financially troubled Europe, home to the biggest number of chocolate consumers.

  • GENEVA, Oct 24- Global trade in commercial services such as tourism and air travel showed zero growth in the second quarter of 2012 as the Europe Union's appetite shrank 7 percent, preliminary trade figures showed on Wednesday. The Europe- led slowdown follows a Europe- led boom a year ago.

  • NEW YORK, Oct 24- The euro fell on Wednesday on signs that the euro zone is heading for a deeper recession than previously feared, but global shares were little changed after Tuesday's steep fall.

  • RAMPING UP: A survey by HSBC found that China's manufacturing improved this month. the data showed strong gains from September, and adds to signs a recovery might be happening after a sharp slump. It adds to data last week that showed retail sales and investment picking up.

  • BERLIN-- German automaker Daimler AG lowered its full-year earnings target Wednesday after its third quarter net profit declined 11 percent to 1.20 billion from 1.36 billion a year ago.

  • Asia Caught Off Guard by Its Aging Population

    Asia's populations are graying very rapidly and the continent looks ill-prepared to face the challenges, writes an expert.

  • China's Aging Population Threatens Its Manufacturing Might

    China, the manufacturing hub of the world, is under threat of losing that title as its population ages fast leading to a huge labor shortfall.

  • Oct 24- Thermo Fisher Scientific raised its full-year forecast for the second time this year as the world's largest laboratory equipment maker benefited from its presence in Asia, even as the weak U.S. and European economies dragged on its competitors.

  • Commodities Tomorrow: Nat Gas Futures Plummet

    Natural gas futures plummet ahead of the US Energy Department's weekly storage report due out Thursday. CNBC's Sharon Epperson takes a look ahead to the next trading session.

  • Losses in the euro were limited after Greece's finance minister said Athens had been given additional time by international lenders to impose its austerity cuts, an assertion played down by leading EU officials.

  • Now, there are reports of good production in the Ivory Coast and Nigeria while the harvest is progressing in West Africa, said Jack Scoville, vice president of Price Futures Group. In other trading, most commodity prices were lower after more disappointing economic news from Europe outweighed a positive report on China's manufacturing sector.

  • *Says not aware of China- Canada quid pro quo talks. OTTAWA, Oct 24- Canadian Finance Minister Jim Flaherty said on Wednesday he knew of no direct talks between Canadian and Chinese officials about making approval of CNOOC Ltd's bid for Nexen Inc conditional on the approval of Canadian deals in China.