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  • SINGAPORE/ MANILA, March 2- More than three years after opening ultra-luxe nightclub Pangaea in Singapore's glitzy Marina Bay Sands, owner Michael Van Cleef Ault is now betting that Manila's casinos will be able to draw rich punters and partygoers through his doors. The increase in the number of wealthy Chinese gamblers fleeing Macau amid Beijing's...

  • *Performance beat expectations, follows HSBC flash survey showing recovery. SHANGHAI, March 1- Weakness in China's vast manufacturing sector, aggravated by high real borrowing costs and weak demand, appears to have driven the central bank to accelerate the pace of monetary easing to ward off deflation in the world's second-largest economy.

  • The knowledge gained so far is of little comfort to family and friends of the 239 people still missing from the plane, which vanished last March 8 during a flight from Kuala Lumpur, Malaysia, to Beijing. In the Indian Ocean west of Australia, where experts believe the plane crashed, scientists have been mapping the sea floor to aid in the search for wreckage.

  • SYDNEY— Australia, Indonesia and Malaysia will lead a trial of an enhanced method of tracking aircraft over remote oceans to allow planes to be more easily found should they vanish like Malaysia Airlines Flight 370, Australia's transport minister said Sunday. The announcement comes one week ahead of the anniversary of the disappearance of Flight 370, which...

  • *Numbers came out right after China c.bank cut rates. SHANGHAI, March 1- Hours after China's central bank cut interest rates to battle slowing growth and rising deflationary risk, an official survey showed on Sunday that activity in China's factory sector contracted for a second straight month in February. Accounting for 48 percent of China's $10.2 trillion...

  • BEIJING— An index that measures China's manufacturing activity went up slightly in February but still showed contraction amid China's economy slowdown, according to official data released Sunday. China's economy, the world's second largest, grew 7.4 percent last year, its slowest expansion in nearly a quarter century. China's economy is expected to decline...

  • China official PMI inches up to 49.9 in February Saturday, 28 Feb 2015 | 9:45 PM ET

    China's factory sector shrank in February on unsteady exports and slowing investment, an official survey showed on Sunday.

  • SYDNEY— Australia, Indonesia and Malaysia will lead a trial to enhance the tracking of aircraft over remote oceans, allowing planes to be more easily found should they vanish like Malaysia Airlines Flight 370, Australia's transport minister said Sunday. The announcement comes one week ahead of the anniversary of the disappearance of Flight 370, which...

  • BEIJING, March 1- Activity in China's factory sector contracted for a second straight month in February on unsteady exports and slowing investment, an official survey showed on Sunday, reinforcing bets that more policy loosening is needed to lift the economy. Accounting for 48 percent of China's $10.2 trillion economy last year, the services sector has...

  • BEIJING, Feb 28- China's central bank cut interest rates on Saturday, just days before the annual meeting of the country's parliament, in the latest effort to support the world's second-largest economy as its momentum slows and deflation risks rise. "The focus of the interest rate cut is to keep real interest rate levels suitable for fundamental trends in...

  • BEIJING, Feb 28- China's central bank said on Saturday it would cut benchmark interest rates by 25 basis points to 5.35 percent, a widely expected move as the world's second largest economy continues to show signs of weakness despite previous easing measures. "The focus of the interest rate cut is to keep real interest rate levels suitable for fundamental trends...

  • China's central bank cuts rates again to boost economy Saturday, 28 Feb 2015 | 5:46 AM ET

    BEIJING— China's central bank cut interest rates for the second time in three months Saturday, adding to signs the country's leaders are worried the economic slowdown is deepening too sharply. The People's Bank of China announced a rate cut on one-year loans by commercial banks by 0.25 percentage point to 5.35 percent. Last year, China's economic growth fell to...

  • China jails ex-vice governor 17 years on graft charges Friday, 27 Feb 2015 | 10:27 PM ET

    BEIJING— A former Chinese vice governor known for his appetite for jade and arts was sentenced to 17 years in prison on corruption charges on Saturday, a Chinese court said. Ni Fake, former vice governor of the eastern province of Anhui, was found guilty of taking more than $2 million in bribes, the Municipal Intermediate People's Court for the eastern city of...

  • WASHINGTON, Feb 27- A bipartisan group of U.S. legislators reintroduced a bill on Friday aimed at putting pressure on China to ensure autonomy and human rights in Hong Kong. It would require the U.S. secretary of state to certify annually that Hong Kong is sufficiently autonomous before enacting any new laws or agreements granting Hong Kong such different...

  • LONDON, Feb 27- Copper rebounded from losses on Friday and climbed 7 percent overall in February, the biggest monthly gain in more than two years, as investors bet on renewed demand following China's long Lunar New Year holiday. Copper slid earlier on Friday after sharp increases in inventories triggered concerns about oversupply, but bullish investors got the...

  • BUSINESS-NEWS-SCHEDULE AT 1600 GMT / 11:00 a.m. ET Friday, 27 Feb 2015 | 11:37 AM ET

    WASHINGTON- U.S. economic growth brakes more sharply than initially thought in the fourth quarter as businesses slow their pace of stock accumulation and the trade deficit widens, but the underlying fundamentals remain solid. CHICAGO- Moody's Investors Service cuts Chicago's already-weak credit rating one notch to Baa2, citing the city's growing costs...

  • February proved to be a strong month for U.S. stocks, even though it ended in downbeat fashion. It also brought the Nasdaq composite within striking distance of its March 2000 high. But the S&P 500' s 5.5 percent performance marked its best monthly increase since October 2011, and a turnaround from its 3.1 percent slide in January.

  • *Shanghai copper stocks surge 32.6 pct. LONDON, Feb 27- Copper fell on Friday following sharp increases in inventories, reigniting concerns about oversupply weighing on the market and giving bearish Chinese speculators a chance to resume selling. While there was a knee-jerk reaction by traders, big increases in Shanghai stocks often occur following the Lunar...

  • BEIJING/ WASHINGTON, Feb 27- China is weighing a far-reaching counterterrorism law that would require technology firms to hand over encryption keys and install security "backdoors", a potential escalation of what some firms view as the increasingly onerous terms of doing business in the world's second largest economy. The initial draft, published by the...

  • LONDON, Feb 27- Copper fell on Friday following sharp increases in inventories, reigniting concerns about oversupply weighing on the market and giving bearish Chinese speculators a chance to resume selling. Copper has been recovering from 5-1/ 2 year lows touched last month, partly driven by heavy selling by Chinese hedge funds due to concern about demand in...