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  • SHANGHAI, July 1- About 15 billion yuan flowed into Shanghai's top four exchange-traded funds on Tuesday, the second consecutive day of strong inflows into the blue chip-focused funds, strengthening expectations that state-backed investors are stepping in to arrest a two-week-long market plunge. During the prior session, nearly 10 billion yuan flowed into...

  • BEIJING, July 1- Activity in China's factory sector expanded slightly in June though not as much as expected, while growth in the services sector picked up, official surveys showed, offering some signs that the world's second-largest economy may be starting to level out after a raft of support measures. Beijing has rolled out a flurry of steps since last year,...

  • BEIJING, July 1- China's factory activity contracted for the fourth straight month in June but at a slower pace than in May, a private survey showed on Wednesday, offering signs that the economy may be slowly levelling out but is still in need of more support measures. The HSBC/ Markit Flash China Manufacturing Purchasing Managers' Index edged up to 49.4 from 49.2 in...

  • BEIJING, July 1- China's factory activity contracted for the fourth straight month in June but at a slower pace than in May, offering some signs that the world's second-largest economy may be slowly leveling out but is still in need of more support measures. The HSBC/ Markit Flash China Manufacturing Purchasing Managers' Index edged up to 49.4 from 49.2 in May, but...

  • SINGAPORE, July 1- Gold struggled close to its lowest in nearly four weeks on Wednesday, as the dollar stood tall after Greece missed a loan payment to the International Monetary Fund. *Greece made last-minute overtures to its international creditors for financial aid on Tuesday, but it was not enough to save the country from becoming the first developed economy...

  • *Asia cautious as Greece misses IMF loan payment. SYDNEY, July 1- Asian share markets were in a guarded mood on Wednesday as Greece became the first developed economy to default on a loan with the IMF, setting the scene for another day of uneasy action. Calming after two days of wild swings, MSCI's broadest index of Asia-Pacific shares outside Japan inched up 0.1...

  • *Asia cautious as Greece misses IMF loan payment. defensive in Asia on Wednesday as Greece became the first. Still, it surprised no one when the International Monetary Fund confirmed Greece had missed a payment on its debt, perhaps taking it a step closer to an exit from the euro.

  • SAO PAULO, June 30- Chinese smartphone maker Xiaomi has started making devices in Brazil for sale locally, promising to dramatically undercut rivals on price in the first big step beyond Asia for the world's most valuable technology start-up. Xiaomi's global vice-president, Hugo Barra, said in an interview on Tuesday that Brazil was "stage one of our Latin...

  • SAO PAULO, June 30- Chinese smartphone maker Xiaomi has started making devices in Brazil for sale locally, promising to dramatically undercut rivals on price in the first big step beyond Asia for the world's most valuable technology start-up. Xiaomi's global vice-president, Hugo Barra, said at a launch event on Tuesday that the entry-level Redmi 2 smartphone...

  • Commodities tomorrow: Crude bucks the buck

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.

  • PARIS, June 30- China placed a landmark order on Tuesday for dozens of wide-body jets from Airbus in a multi-billion-dollar deal that paves the way for a second European aircraft plant in the world's fastest-growing aviation market. Airbus has been negotiating for about 18 months to establish a cabin-completion centre for wide-body aircraft in China...

  • Nassau, Bahamas/ Beijing June 30- China's push to extend its influence in the Western Hemisphere has hit an embarrassing setback at an unfinished, $3.5 billion resort and casino project in the Bahamas. And on Monday, Baha Mar Ltd, developer of the 2,323 room resort located along Cable Beach near downtown Nassau, filed for voluntary bankruptcy protection in a...

  • PARIS, June 30- China formally committed to halting the rise in its greenhouse gas emissions within the next 15 years and pledged on Tuesday to reduce the carbon intensity of its vast economy, in a much-anticipated strategy for United Nations climate talks. "China's carbon dioxide emission will peak by around 2030 and China will work hard to achieve the target at...

  • Jin Liqun, left, current secretary general of the Multilateral Interim Secretariat of Asian Infrastructure Investment Bank, shakes hands with China's Finance Minister Lou Jiwei ahead of a signing ceremony of articles of agreement of the AIIB, at the Great Hall of the People in Beijing, June 29, 2015.

    How China's new Asian Infrastructure Investment Bank can rival the West's World Bank, says Curtis Chin.

  • China, the world's dominant producer, was choking supply and investors were stampeding into the hottest ticket in town. The ensuing bust was equally spectacular with prices collapsing as buyers went on strike and China, under international pressure, loosened its stranglehold. With Molycorp and its Australian peer, Lynas, struggling to stay afloat, all the old...

  • PARIS— Top carbon polluter China confirmed it will try to cap its rising emissions before 2030 while the U.S. and Brazil pledged to boost renewable energy sources in a series of announcements Tuesday in anticipation of a global climate pact in Paris. In a submission to the U.N., China repeated an earlier pledge to achieve a peak in emissions around 2030 and...

  • PARIS, June 30- China formally committed to halting the rise in its emissions within the next 15 years and pledged on Tuesday to reduce the carbon intensity of its vast economy, releasing its much anticipated strategy for United Nations climate talks. In a plan that largely mirrors commitments Beijing made in a joint U.S. environment agreement last year, China...

  • *Total China stock market leverage may be around 4 trillion yuan. SHANGHAI/ HONG KONG, June 30- Despite reassurances by regulators that margin debt in China's stock markets remains manageable, total leverage could be as much as $645 billion- magnifying risks not just for retail investors, but also the thinly stretched corporate sector. That rapid run-up in...

  • LONDON, June 30- Reserve Bank of Australia Governor Glenn Stevens showed no new concern over the Chinese economy on Tuesday after a raft of responses from Beijing helped stem two weeks of turmoil that have driven stocks some 20 percent lower. But a crucial element to any bounce in the economy will be demand from China for the iron and other commodities mined in...

  • LONDON, June 30- Euro zone stocks and low-rated bonds recovered the worst of their losses on Tuesday but remained on edge as Greece looked set to default on a debt repayment to the IMF and plunge deeper into financial crisis. The breakdown of talks between Athens and international creditors over the weekend has led Greece to close its banks and impose capital...