GO
Loading...

China

More

  • LONDON, July 28- Copper was little changed on Monday as investors weighed increased supply from Indonesia versus prospects for better demand, while lead was near a 1-1/ 2 year top, catching up with recent gains in its sister-metal zinc.

  • BEIJING, July 28- Chinese government officials have made sudden visits to Microsoft Corp offices in China, a spokeswoman for the company said on Monday, but declined to give any reason for the inspections.

  • *China ops to come under direct control of U.S. headquarters. "This is my company and events like these have a personal toll... they simply don't represent the values I stand for or those of my company," Sheldon Lavin, the millionaire chairman, CEO and owner of Illinois- based OSI Group LLC told a news conference in Shanghai.

  • Meat supplier: China unit fell short of standards Monday, 28 Jul 2014 | 5:17 AM ET

    The president of OSI Group, David G. McDonald, declined to give details of what the company has found at Shanghai Husi Food Co. A Shanghai TV station reported last week that Husi sold expired beef and chicken to restaurants including McDonald's and KFC.

  • HONG KONG, July 28- China shares jumped on Monday, with Hong Kong's index hitting its highest close in more than 3-1/ 2 years, on growing bets that the world's second-largest economy has turned a corner and as investors expect more growth-friendly policies.

  • HONG KONG, July 28- Hong Kong's benchmark index finished at its highest level in more than three years on Monday, as Chinese banks jumped after a Reuters report said the country's fifth-biggest bank by assets planned to seek more private investors.

  • HK pro-democracy news site folds, citing pressure Monday, 28 Jul 2014 | 3:50 AM ET

    HONG KONG— A popular Hong Kong pro-democracy website has closed, citing political pressure, the latest sign of mounting tensions as the semiautonomous Chinese city braces for a possible shutdown of its financial center by activists fighting Beijing's desire to limit democratic reforms.

  • RPT-OSI GROUP SAYS WILL SPEND 10 MLN YUAN OVER 3 YEARS ON FOOD SAFETY PROGRAM IN SHANGHAI.

  • SHANGHAI, July 28- An on-going internal investigation conducted by OSI Group LLC into its unit, the scandal-hit Chinese food supplier Shanghai Husi Food Co Ltd, has revealed that standards were below par.

  • China announces war games starting Tuesday Monday, 28 Jul 2014 | 2:43 AM ET

    BEIJING— China has set up alternative flight routes to minimize delays related to military exercises along its southeastern coast that start Tuesday, the Defense Ministry said. China is the world's second-largest air travel market, but most of its airspace is controlled by the military.

  • Chinese portal Sohu reports $45 million loss Monday, 28 Jul 2014 | 1:52 AM ET

    BEIJING— Sohu.com Inc., operator of a popular Chinese Internet portal, said Monday it lost $45 million in the latest quarter while revenue rose 18 percent to $400 million. The loss for the three months ended June 30 compared with a $69 million loss in the previous quarter and an operating profit of $64 million in the same period of 2013..

  • SHANGHAI, July 28- The head of U.S. meat supplier OSI Group, the parent company of a Chinese firm at the center of a food safety scandal, will hold a news conference in Shanghai later on Monday, as McDonald's Corp struck more meat dishes off its menus in China.

  • HONG KONG, July 28- China shares jumped to their highest since December on Monday, as banks surged after a Reuters report said the country's fifth-biggest bank by assets planned to seek more private investors, while Hong Kong markets were also pushed higher.

  • SHANGHAI, July 28- China's yuan strengthened against the dollar on Monday, as better-than-expected economic data offset a weaker central bank midpoint fixing, traders said, as the spot market continued to push the traded rate closer to the midpoint.

  • China profits boost Asia stocks, Europe unenthused Monday, 28 Jul 2014 | 12:05 AM ET

    BEIJING— Asian stock markets were mostly higher Monday, shrugging off jitters about stiffer Western sanctions against Russia, after China reported strong corporate profits. Britain's FTSE 100 added 0.1 percent to 6,796.53. ASIA'S DAY: China's benchmark Shanghai Composite Index surged 2.4 percent to 2,177.95.

  • HONG KONG, July 28- China shares jumped in mid-morning trade on Monday, with bank shares surging after Reuters reported the country's fifth-biggest bank by assets plans to seek more private investors. At 0255 GMT, the Shanghai Composite Index was up 2.3 percent, while The CSI300 of the leading Shanghai and Shenzhen A-share listings rose 2.7 percent.

  • US meat supplier in China withdraws products Sunday, 27 Jul 2014 | 7:02 PM ET

    NEW YORK— OSI Group, an Aurora, Illinois- based company at the center of a food scandal in China, said that it was pulling all of the products produced by its Shanghai Husi unit from the marketplace.

  • China's biggest issue? Restructuring SOE's     Sunday, 27 Jul 2014 | 6:49 PM ET

    Richard Martin, Managing Director at IMA Asia, says China's re-balancing act is progressing but warns of challenges from capital returns in state-owned enterprises.

  • What you need to keep an eye on this week     Sunday, 27 Jul 2014 | 6:00 PM ET

    From China's twin factory data to a raft of corporate earnings, CNBC's Pauline Chiou highlights what will drive markets this week.

  • *South Korea, Japan refiners to take first two U.S. cargoes. *Iran condensate exports to China made at deep discounts. While buyers in Japan and South Korea have been willing to trial a U.S. grade of the super-light crude known as condensate, China has already locked in annual contracts with Tehran and is not expected to take any U.S. oil in the short-term.