The Wall Street Journal reported that Western firms are shedding jobs in China as growth in the mainland slows. CNBC's Deirdre Wang Morris explains.» Read More
HONG KONG, Dec 13- Hong Kong and China shares rebounded by midday on Friday, trimming the first weekly loss for mainland markets in a month as investors awaited news of China's 2014 growth target from an economic planning conference.
HONG KONG, Dec 13- China's yuan edged down slightly against the dollar on Friday but was on track for a third week of solid gains, indicating renewed demand for the Chinese currency despite a weaker fixing by the central bank. The People's Bank of China fixed the midpoint at 6.1148, down 0.05 percent from the previous day's 6.1115.
SHANGHAI, Dec 13- China said on Friday it would stop levying anti-dumping and anti-subsidy duties on certain types of cars imported from the United States when the measures expire on Dec. 15.
*Qualcomm: believes its practices are lawful. BEIJING, Dec 12- China's top economic planning agency has "substantial evidence" against chipmaker Qualcomm Inc in an antitrust probe, state media on Thursday quoted a senior official at the price regulator as saying.
BEIJING, Dec 13- A China state television investigative report accusing Starbucks of overcharging local customers for coffee triggered enormous disquiet among journalists at the network and even some soul-searching after it aired.
PARIS/ LONDON, Dec 12- PSA Peugeot Citroen said on Thursday it took a 1.1 billion euro writedown at its ailing overseas operations and is pursuing a tie-up with China's Dongfeng Motor Group that would give the French carmaker the time and cash to pull out of its downward spiral.
The window is set to open again on Greater China, the world's largest IPO market. Market reforms have some 760 companies lined up to go public next month.
*Pegatron says 15- year-old got job using someone else's ID. TAIPEI/ SAN FRANCISCO, Dec 12- The death of a 15- year-old worker was not caused by working conditions at a Pegatron Corp factory, according to medical exports sent to the factory by Apple Inc..
*Major developed world stocks set to slow- analysts. *Emerging stocks to have better year in 2014. LONDON, Dec 12- This year's rocketing gains for major developed world stock indexes will taper off in 2014, according to a Reuters poll that showed better days ahead for struggling emerging markets.
TAIPEI/ SAN FRANCISCO, Dec 12- Apple Inc sent medical experts to the Shanghai factory of contractor Pegatron Corp, who concluded that working conditions did not lead to the death from pneumonia of a 15- year-old boy who had lied to gain employment.
BEIJING, Dec 12- China's top economic planning agency has "substantial evidence" against chipmaker Qualcomm Inc in an antitrust probe, state media on Thursday quoted a senior official at the price regulator as saying. A China- based public relations official for Qualcomm said the company had no comment on Xu's remarks.
BANGALORE, Dec 12- China and other East Asian stock markets will surge next year after a lacklustre performance in 2013, driven by attractive valuations and inflows into the region, a Reuters poll showed.
China Mobile has started taking pre-orders for Apple iPhone 5S, despite telling CNBC that negotiations are continuing and a deal has yet to be reached, reports CNBC's Eunice Yoon.
HONG KONG, Dec 12- Hong Kong shares sank to their lowest in almost four weeks on Thursday, with the Chinese property sector hit by worries about China's 2014 growth target and continuing speculation the U.S. The Hang Seng Index ended down 0.5 percent at 23,218.1 points, while the China Enterprises Index shed 1 percent.
HONG KONG, Dec 12- China shares lingered at their lowest in more than two weeks on Thursday, as weakness in the finance and mining sectors offset strength in pharmaceutical and information technology counters. The CSI300 of the leading Shanghai and Shenzhen A-share listings closed down 0.1 percent at 2,410 points, its lowest closing since Nov. 26.
HONG KONG, Dec 12- Shares in China Cinda Asset Management Co Ltd surged as much as a third in their trading debut on Thursday, marking a major success for China's first listing of a bad debt management firm and boding well for other potential IPOs in the sector.
TAIPEI, Dec 12- Apple Inc on Thursday said it sent medical experts to contractor Pegatron Corp's Shanghai factory last month after a 15- year-old employee died of pneumonia.
*Cinda Asset Management soars in Hong Kong debut. HONG KONG, Dec 12- Hong Kong shares sank to their lowest in almost four weeks on Thursday, with mainland markets also sluggish, on worries over China's 2014 growth target and continuing speculation the U.S.
HONG KONG, Dec 12- China's yuan fell against the dollar on Thursday as investors betting on yuan appreciation moved to take profits toward year-end, while "hot money" inflows appeared to be dampened by Chinese regulators. Traders say the upward trend of the Chinese currency remains intact, however, given China's good economic fundamentals and trade surplus.
HONG KONG, Dec 12- Shares in China Cinda Asset Management Co Ltd surged as much as 24 percent in their trading debut on Thursday, boosted by heavy demand from retail investors- a major success for China's first attempt to list one of its four bad debt managers.