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  • MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.8 percent in early deals, its lowest level since July 9 as mainland Chinese indexes opened 2- 5 percent lower. Since hitting a peak in early June, Chinese shares have gone through a roller-coaster ride with main China indexes falling by a third in less than a month before rebounding by a quarter,...

  • *Asia drops after Monday's freefall in China shares. The dollar was under pressure as China jitters spurred flows into havens such as the yen, while commodities including oil and copper wilted amid fears of a collapse in demand from China. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.3 percent.

  • DIARY-Top Economic Events to Aug 10 Monday, 27 Jul 2015 | 8:01 PM ET

    SYDNEY- Reserve Bank of Australia Governor Glenn Stevens speaks at the Boao Forum for Asia Financial Cooperation Conference, hosted by the New South Wales government- 0030 GMT. KYOTO- Bank of Japan board member Koji Ishida speaks to business leaders in Kyoto- 0130 GMT. LONDON- Bank of England holds Monetary Policy Committee meeting.

  • Apple in talks with BMW about electric car: Report Monday, 27 Jul 2015 | 4:48 PM ET
    A new BMW i3 electric car is seen on the assembly line at the BMW factory in Leipzig, Germany.

    Is Apple gearing up to give Tesla a run for its money?

  • BERLIN— Kazakhstan is set to become the 162nd member of the World Trade Organization after the Geneva- based body formally approved the country's membership Monday. The largest former Soviet republic in Central Asia is rich in natural resources and a key transit country for goods between Asia and Europe. Kazakhstan, which has suffered from the economic...

  • Shanghai market records biggest daily loss since 2007. Wall Street was down on worries over China's slowing growth, crystallized by a stunning 8.5 percent fall in shares in Shanghai that also rattled equity markets in Europe and Asia. China's top securities regulator quickly said the government would continue to buy shares to stabilize the stock market as an...

  • European shares close sharply lower on China concerns Monday, 27 Jul 2015 | 12:28 PM ET

    *China- exposed stocks among top decliners. LONDON, July 27- European equities dropped to a two-week low on Monday, recording their fifth straight daily decline, as fears for China's growth prospects overshadowed some forecast-beating results. But shares fell further following a weaker start on Wall Street on concerns that China's growth prospects were...

  • Wall Street opened lower on worries over China's slowing growth, crystallized by a stunning 8.5 percent fall in Shanghai that also rattled equity markets in Europe and Asia. Share indices in Frankfurt and Paris tumbled more than 2 percent, while London's FTSE 100 was off nearly 1 percent. Japan's Nikkei slipped nearly 1 percent, while MSCI's broadest index of...

  • "Today's oil price fall has been driven by the slump in Chinese stock markets," said Carsten Fritsch, senior oil market analyst at Commerzbank in Frankfurt. Front-month Brent crude fell to an intraday low of $53.36 a barrel, its lowest in more than four months and down $1.26 on the previous close. It last traded at $53.52, down $1.10, at 1245 GMT.

  • *July 28-29 Fed meeting eyed as dollar sags. LONDON, July 27- The euro hit a four-month peak against the Swiss franc and a two-week high against a subdued dollar on Monday, after Germany's Ifo survey for July beat forecasts and painted an upbeat picture of Europe's largest economy. The euro rose 1.2 percent to $1.1113, from about $1.1084 before the Ifo survey was...

  • *Valeo sinks 3.7 pct despite guidance upgrade. *JPMorgan stays overweight Europe equities. "Most of the fall is coming from China...

  • *Brent falls to four-month low of $53.63 a barrel. "Today's oil price fall has been driven by the slump in Chinese stock markets," said Carsten Fritsch, senior oil market analyst at Commerzbank in Frankfurt. Front-month Brent crude fell to its lowest in four months at $53.63 a barrel, down 99 cents by 1035 GMT.

  • Finance Minister Euclid Tsakalotos said late Monday that meetings in Athens had begun between Greek officials and negotiating teams representing creditors, with talks to intensify Tuesday, paving the way for higher level discussions possibly by the end of the week. Before the talks started in Athens, a recording of Varoufakis discussing a parallel...

  • *Iran deal likely boosted industry expectations-economist. BERLIN, July 27- Business confidence in Germany unexpectedly improved in July after two monthly drops as an agreement between Greece and its creditors for talks on a third bailout lifted the mood at firms in Europe's largest economy. Ifo president Hans-Werner Sinn said the easing of the crisis had...

  • *CEO says increasingly worried about, China, Russia, LatAm. FRANKFURT, July 27- Philips reported higher quarterly medical equipment sales and improved margins in its consumer and lighting businesses on Monday but cautioned that growth was slowing in China and other emerging markets. Chief Executive Frans van Houten said in a statement he was encouraged by...

  • Police in France tend to avoid intervening in peaceful protests, and French President Francois Hollande on Monday said he backed the farmers and called for a high-level meeting of European agricultural officials. German Agriculture Ministry spokesman Jens Urban declined to comment on the protest but said he didn't think it was leading to a total stoppage...

  • "Today's oil price fall has been driven by the slump in Chinese stock markets," said Carsten Fritsch, senior oil market analyst at Commerzbank in Frankfurt. Brent crude for September touched an intra-day low of $54.25 a barrel, down 37 cents and its lowest since April 2. Brent was down 15 cents at $54.47 by 0858 GMT.

  • *July 28-29 Fed meeting eyed as dollar sags. LONDON, July 27- The euro hit a two-week high against a subdued dollar on Monday, after Germany's Ifo survey for July beat forecasts and painted an upbeat picture of Europe's largest economy. The euro rose 1.2 percent to $1.1113, from about $1.1084 before the Ifo survey was released.

  • *Valeo sinks 3.7 pct despite guidance upgrade. *JPMorgan stays overweight Europe equities. LONDON, July 27- European equities started the week on a downbeat note, heading for their fifth straight daily fall, with worries over China's growth prospects overshadowing some forecast-beating corporate results.

  • GLOBAL MARKETS-China slides again, Europe follows Monday, 27 Jul 2015 | 4:41 AM ET

    *Shanghai market falls 8.5 percent, biggest daily loss since 2007. LONDON, July 27- European stocks and major commodity prices fell hard on Monday as concerns over China dominated financial markets in the wake of the biggest drop in Shanghai shares in eight years. But it was the stunning 8.5 percent fall in Shanghai that drove most of the moves early in the European...