CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Energy prices were down across the board, while gold was down as well.» Read More
July 30- Diamond rings on display at Nordstrom's flagship Seattle store are not for sale. It is the first time the company has turned to brick and mortar in its 15- year history, showcasing products in two Nordstrom stores.
BERLIN, July 30- Germany and the European Union are trying to convince several non-EU countries to join the bloc and United States in imposing sanctions against Russia for its support of separatist rebels in eastern Ukraine, the Foreign Ministry said on Wednesday.
*Manufacturing growth in China expands. LONDON, July 30- Lead prices fell on Wednesday as investors took profits after a rally this month, but a brighter global economic outlook is seen providing support to industrial metals. Part of that is driven by improving macro sentiment, "said commodity analyst Ivan Szpakowski of Citi in Shanghai.
LONDON, July 30- U.S. and European companies dominate the global market in oil exploration and production, especially projects requiring complex engineering and reservoir management, but they will face increasing competition from China over the next decade.
The console will cost 3,699 yuan ($600) without the Kinect motion detection system and 4,299 yuan ($700) with Kinect.
SHANGHAI, July 30- Microsoft Corp will launch its Xbox One gaming console in China on September 23, making it the first foreign company to start selling consoles in the world's third biggest gaming market after a ban on the devices was lifted this year.
BANGKOK— Thailand's military government approved a massive budget to upgrade the country's railways including high-speed rail that would eventually link with China as part of an eight-year plan to improve infrastructure, officials said Wednesday.
SHANGHAI, July 30- Microsoft Corp will launch its Xbox One gaming console in China on September 23, Yusuf Mehdi, head of marketing and strategy for Microsoft's Xbox group said at an event in Shanghai on Wednesday. The Xbox One will be the first foreign-made console to be launched in China in 14 years after the government this year lifted a 2000 ban on gaming consoles.
BEIJING, July 30- Activity in China's vast factory sector likely expanded at the fastest pace in eight months in July, a Reuters poll showed on Wednesday, adding to evidence that the economy is regaining momentum after a burst of government stimulus measures.
*Manufacturing growth in China expands. LONDON/ SYDNEY, July 30- Lead and zinc fell on Wednesday as investors took profits after a rally by both metals this month, but a brighter global economic outlook could see industrial metals resuming their rise. Part of that is driven by improving macro sentiment, "said commodity analyst Ivan Szpakowski of Citi in Shanghai.
Richard Gelfond, IMAX CEO, discusses the growth of the movie consumption in Asia - and China in particular - and says international revenues now surpass U.S revenues.
LOS ANGELES— Microsoft is spreading its Cortana digital assistant abroad, starting with China and the U.K.. Users in Australia, Canada and India will also get a version of Cortana, although the company said that would be an earlier test mode.
HONG KONG, July 30- China's major indexes broke a long-winning streak on Wednesday, with early gains led by index heavyweight PetroChina Co Ltd offset by falls in property companies and banks. PetroChina was among top index boosts in Shanghai, climbing more than 6 percent at one point before trimming gains to end 3.1 percent higher.
BEIJING, July 30- China's regional economies enjoyed a revival in growth in the second quarter, data from provincial governments showed, chiming with earlier figures that suggest a burst of government stimulus measures is re-invigorating activity. Growth also diverged sharply between eastern and western China.
*PetroChina up, banking and real estate slip. China's major indexes broke a long-running streak as early gains led by index heavyweight PetroChina Co Ltd were offset by plunging real estate and banking shares. PetroChina was among top index boosts in Shanghai, climbing more than 6 percent at one point.
Mark Mobius, Executive Chairman of Templeton Emerging Markets Group, outlines his optimism in Chinese equities. He also discusses why a correction is due soon in the Indian markets.
Gordon Chang, Author of The Coming Collapse of China, likens the ongoing anti-graft campaign to a "political purge" that has created instability in China's political system.
Simon Cox, Senior Investment Strategist at BNY Mellon, says the crackdown on corruption has been "more sustainable and widespread than expected." He also discusses what it means for growth.
Khiem Do, Head of Asian Multi-Asset at Baring Asset Management, says Chinese and South Korean markets may outperform in the second-half of 2014 amid domestic efforts to boost growth.
Khiem Do, Head of Asian Multi-Asset at Baring Asset Management, discusses why Chinese financials are trading for less than its book value, despite minimal chances of a bankruptcy in the sector.