Alicia Garcia-herrero, Chief Economist at BBVA, explains why she was caught off guard by the Chinese central bank's latest announcement that it would consider loosening monetary policy if economic growth falters.» Read More
Premier Li Keqiang declared China's pollution as "nature's red-light warning against inefficient and blind development" in his address to the annual meeting of parliament on March 5.
HONG KONG, March 12- China's largest e-commerce company Alibaba Group Holding has agreed to buy a controlling stake in ChinaVision Media Group Ltd for $804 mln, giving it access to TV and movie content as competition in the world's biggest Internet market becomes increasingly cutthroat.
*Air force chief denies saying plane tracked to Malacca Strait. KUALA LUMPUR, March 12- Malaysia's air force chief has denied saying military radar tracked a missing Malaysia Airlines jetliner over the Strait of Malacca, adding to the mystery surrounding the fate of flight MH370, which vanished on Saturday with 239 people aboard.
*Copper prices melting as Shanghai futures hit lowest since 2009. SYDNEY, March 12- Asian stock markets swung lower on Wednesday as economic uncertainty in China and the United States combined with political tensions in Ukraine to keep investors cautious and commodities under a dark cloud.
Ed Dempsey, Chief Investment Officer at Pension Partners, debates whether it's Ukraine or concerns about a slowdown in China's economy that's behind the selloff in global stock markets.
*Interpol says doubts "terrorist incident". KUALA LUMPUR, March 12- Malaysia's military believes a jetliner missing for almost four days turned and flew hundreds of kilometres to the west after it last made contact with civilian air traffic control off the country's east coast, a senior officer told Reuters on Tuesday.
*PBOC may cut bank reserves if GDP growth below 7.5 pct- sources. BEIJING, March 12- China's central bank is prepared to take its strongest action since 2012 to loosen monetary policy if economic growth slows further, by cutting the amount of cash that banks must keep as reserves, sources involved in internal policy discussions say.
Hedge fund manager Bill Ackman renewed his attack on Herbalife on Tuesday.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets.
SYDNEY/ LONDON, March 11- China's first domestic bond default has shaken the foundations of the copper market, stoking investor worries that financing deals that have locked up vast quantities of copper could unravel.
*China bonded copper premiums slide $15 to $120- $140- Shmet. LONDON, March 11- Copper tumbled to the lowest levels in over three years on Tuesday as investors and speculators intensified selling because of worries about Chinese demand and liquidation of inventories used for finance deals.
SYDNEY/ LONDON, March 11- China's first domestic bond defaults have shaken the foundations of the copper market, stoking investor worries that financing deals that have locked up vast quantities of copper could unravel.
*Traders eye China economic data for selling opportunities. SYDNEY/ LONDON, March 11- China's first domestic bond default has brought to the fore investors' fears that financing deals that have locked up vast quantities of copper could unravel and erode one of the market's main underpinnings.
KUALA LUMPUR/ NEW YORK/ LONDON, March 12- I nvestigators trying to solve the disappearance without trace of a Malaysia Airlines jetliner face an extremely rare challenge that could hinder their efforts: they lack the powers of a formal air safety investigation.
CNBC's David Faber talks with Masayoshi Son, SoftBank chairman & CEO, about the wireless industry and the need for consolidation. The U.S. is the only market where the price is going up and the speed is going down, says Son.
*China bonded copper premiums slide $15 to $120- $140- Shmet. LONDON, March 11- London copper rose on Tuesday as buyers took advantage of prices that hit their lowest level in eight months on Monday, but rising inventories in China and little sign of a pick-up in physical demand kept industrial metals under pressure.
LONDON, March 11- The recent history of copper and iron ore has been all about China. These price swoons have been triggered by the same fears about the China growth story. Both copper and iron ore markets are reacting to a bearish one-two combination of news out of China.
LONDON, March 11- Gold rose nearly one percent on Tuesday as fears of a slowdown in Chinese economic growth and worries about the crisis in Ukraine sapped appetite for risk.
John Rutledge, SAFANAD chief investment strategist, provides perspective on China's economy and its likely impact on global markets.
KUALA LUMPUR, March 11- Malaysia's military believes it tracked a missing jetliner by radar over the Strait of Malacca, far from where it last made contact with civilian air traffic control off the country's east coast, a military source told Reuters. It made it into the Malacca Strait, "the military official, who has been briefed on investigations, told Reuters.