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  • Surveys show China manufacturing weak in March Wednesday, 1 Apr 2015 | 9:51 AM ET

    BEIJING— China's manufacturing was lackluster in March and industrial employers shed more jobs, two surveys showed Wednesday, adding to pressure on Beijing to shore up weakening growth in the world's second-largest economy. HSBC's monthly manufacturing index, which is based on a survey of factory purchasing managers, fell to 49.6 from 50.7 in February on a...

  • *EU yet to decide, could favour China to win favour with Beijing. In a draft letter seen by Reuters, the head of the European Commission's Legal Service, Luis Romero Requena, warned the head of the trade directorate that the EU would not have a good case to disregard the effects of the World Trade Organization viewing China as a more market-based economy-- a status that...

  • *Gold fell 2.4 pct in March, second monthly loss. LONDON, April 1- Gold eased on Wednesday after ending March down more than 2 percent, as the dollar edged higher and as expectations that U.S. interest rates will rise this year weighed on the metal. Gold is particularly sensitive to shifts in U.S. interest rates, which also move the dollar, in which the metal is priced.

  • *Companies struggling in China and much of Asia. April 1- Companies struggled in China and much of the rest of Asia in March, suggesting central banks may have to resort to more stimulus, just as factories in the euro zone begin to reap rewards from ultra-easy policy there. But three separate surveys of China's factory and services sectors released on Wednesday...

  • Gloomy China, Japan data add to pressure for stimulus Wednesday, 1 Apr 2015 | 5:36 AM ET

    BEIJING— China and Japan reported gloomy industrial data Wednesday, adding to pressure on leaders of the world's second- and third-largest economies to launch new stimulus. Both China and Japan are relying on U.S. demand and a strong dollar to offset internal problems. The surveys by HSBC Corp. and an industry group, the China Federation of Logistics and...

  • *Yen firmer as weak Tokyo shares weigh on risk sentiment. LONDON, April 1- The dollar fell back on Wednesday as a soft reading on Japanese business sentiment dented Tokyo shares but helped bolster the yen, while some improvement in Chinese data offered support to the Australian and New Zealand dollars. Greece's economy minister said the country should reach a...

  • Upbeat European data prompts stock market turnaround Wednesday, 1 Apr 2015 | 2:42 AM ET

    TOKYO— Asian stock markets mostly sagged Wednesday as China's manufacturing remained weak in February and a Japanese central bank survey showed businesses are wary about the economic outlook. But Hong Kong's Hang Seng index rose 0.7 percent to 25,074.61 and the Shanghai Composite Index added 1.4 percent to 3,799.64 on speculation authorities will do more...

  • April 1- Companies struggled in China and much of the rest of Asia in March amid persistently weak domestic and global demand, suggesting that policymakers may have to resort to more stimulus to spur growth. The official Purchasing Managers' Index ticked up to 50.1 in March from 49.9 in February, but a separate private survey from HSBC which focuses on small and...

  • Dissecting the factors behind China slowdown   Wednesday, 1 Apr 2015 | 12:04 AM ET
    Dissecting the factors behind China slowdown

    Julia Wang, Greater China economist at HSBC, says a slowing manufacturing sector is the culprit in China's sluggish growth and discusses the deposit-insurance system set to begin in May.

  • Why Credit Suisse is negative on India   Tuesday, 31 Mar 2015 | 11:35 PM ET
    Why Credit Suisse is negative on India

    Sailesh Jha, chief Asia economist, Private Banking and Wealth Management at Credit Suisse, says Indian markets are "overly euphoric" as the country's recovery will likely miss expectations.

  • Better looking PMIs belie a weak Chinese economy Tuesday, 31 Mar 2015 | 11:14 PM ET
    Employees manufacture toys at a workshop in Lianyungang, Jiangsu province of China.

    China's factory activity surprisingly expanded in March, government data showed on Wednesday, but analysts are still betting on more easing measures to come, to prevent growth from slipping further.

  • Surveys show China manufacturing weak in February Tuesday, 31 Mar 2015 | 10:39 PM ET

    BEIJING— China's manufacturing was lackluster in February and industrial employers shed more jobs, two surveys showed Wednesday, adding to pressure on Beijing to shore up weakening growth in the world's second-largest economy. HSBC's monthly manufacturing index, which is based on a survey of factory purchasing managers, fell to 49.6 from 50.7 in January on a...

  • More aggressive China easing in Q2: CLSA   Tuesday, 31 Mar 2015 | 10:35 PM ET
    More aggressive China easing in Q2: CLSA

    Francis Cheung, head of China & Hong Kong strategy at CLSA, says China will cut interest rates as early as April, which will likely improve economic data for the second quarter.

  • TOKYO, April 1- Weakening demand at home and abroad weighed on Japanese manufacturers' confidence in the first quarter, prompting them to cut spending plans, clouding the outlook for Prime Minister Shinzo Abe's drive to reflate the economy. But the latest central bank survey showed service-sector firms saw business conditions improve to a nearly one-year...

  • SHANGHAI, April 1- CHINA HSBC MARCH FINAL MANUFACTURING PMI 49.6. The final HSBC/ Market China Manufacturing Purchasing Managers' Index came in at 49.6, slightly higher than a preliminary "flash" reading of 49.2 but still below the 50- mark which separates contraction from expansion. Meanwhile, company downsizing contributed to a further decline in...

  • Why policy easing is unavoidable in China   Tuesday, 31 Mar 2015 | 9:14 PM ET
    Why policy easing is unavoidable in China

    Despite concerns about the upswing in equities, Beijing cannot avoid further easing if it wants to stabilize its economy, says Zhang Zhiwei, chief economist and head of equity strategy at Deutsche Bank.

  • China March official PMI isn't strong: Pro   Tuesday, 31 Mar 2015 | 9:02 PM ET
    China March official PMI isn't strong: Pro

    Zhang Zhiwei, chief economist & head of Equity Strategy, China at Deutsche Bank, says the pick-up in March's factory activity may not allay fears about slowing growth.

  • SEOUL, April 1- South Korean exports fell the most in two years in March and inflation hit its lowest since 1999, weakening economic momentum and putting the central bank under pressure to cut interest rates again. "South Korea's economy needs both consumption and exports to escape this rut, and exports are more important out of the two," said Im No-jung, chief...

  • TOKYO— Japanese businesses remain wary over the outlook for the world's No. 3 economy and generally plan to reduce capital investment, according to a central bank survey released Wednesday. The Bank of Japan's quarterly "tankan" survey will likely reinforce the conviction among many that more stimulus is needed to sustain growth as Japan struggles to escape...

  • SAN FRANCISCO, March 31- The United States feels China's yuan does not yet meet the standards for inclusion in the International Monetary Fund's basket of global currencies, Treasury Secretary Jack Lew said on Tuesday. Lew said that China had more work to do. Lew, who was returning from a trip to Beijing where he met with Chinese officials, repeated the U.S. view that...

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