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  • SHANGHAI— China played down U.S. concerns that proposed anti-terror legislation would give the Chinese government sweeping power to police electronic communications and marginalize foreign companies fighting for a share of China's $465 billion technology market, saying Tuesday that the law is purely designed to address domestic security issues.

  • BEIJING, March 3- China's JD.com Inc, the biggest e-commerce rival to Alibaba Group Holding Ltd, posted a 73 percent rise in revenue for the three months through December, topping estimates as it expanded sales across more consumer goods categories. Revenue for JD.com' s fourth quarter rose to $5.6 billion versus the $5.3 billion average estimate of 13 analysts...

  • Oil and gas exploration company Forum Energy Plc. said the Department of Energy instructed it to halt all work in its contracted area at Reed Bank in the South China Sea off the western Philippine province of Palawan. The Energy Department issued the order because the area "falls within the territorial disputed area of the West Philippine Sea which is the...

  • SYDNEY, March 3- Australia has ordered the Chinese owner of a A $39 million Sydney mansion to sell up, the first crackdown on foreign residential purchases in nearly a decade amid government attempts to cool one of the world's hottest property markets. "Villa del Mare" was bought "illegally" in November by Golden Fast Foods Pty, a firm owned by Hong Kong- listed...

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 2.6 percent to 3,507.90 points, while the Shanghai Composite Index lost 2.2 percent to 3,263.05. Among the most active stocks in Shanghai were Bank Of China, down 3.4 percent to 3.97 yuan; China State Construction Engineering Corp Ltd, down 2.5 percent to 6.22 yuan; and Agricultural...

  • SYDNEY— Nearly a year has passed since Malaysia Airlines Flight 370 vanished on a flight from Kuala Lumpur to Beijing, sparking one of the most perplexing mysteries of modern times. The current phase of the search in the deep, dark and desolate waters of the Indian Ocean has failed to yield a single clue about the plane's fate. A: Crews have scoured more than 40...

  • HONG KONG, Mar 3- Gambling revenue in Macau, the world's biggest gaming hub, plunged by a record 49 percent in February, as wealthy players shied away from China's only legal casino hub following the economic slowdown and Beijing's crackdown on conspicuous spending. Revenue fell for the ninth consecutive month to 19.5 billion patacas in February, from 38 billion...

  • China to simplify SOE off-shore financing process soon Tuesday, 3 Mar 2015 | 12:26 AM ET

    The People's Bank of China and related government bodies have already submitted a proposal to streamline "going out" procedures for Chinese firms to the State Council, a central bank official told Shenzhen- based Securities News. Guo's statement did not specify when the new policy might be approved by the State Council, China's cabinet. Financial firms are also...

  • *China approves 24 IPOs; renews concerns over liquidity. SHANGHAI, March 3- China stocks sagged on Tuesday as investor excitement over a weekend interest rate cut waned, with a flood of new initial public offerings fanning concerns about tighter liquidity. "The rate cut was expected, and it shows that the economy is rather poor," said Hou Yinmin, strategist of AJ...

  • FACTBOX-China's annual meeting of parliament Monday, 2 Mar 2015 | 11:01 PM ET

    March 3- Around 3,000 delegates to the annual meeting of China's parliament, the National People's Congress, will meet in Beijing's Great Hall of the People on March 5 for a session that normally lasts around 10 days. Here is an overview of China's top legislature and this year's meeting:. Exact details of what will be discussed or announced, including economic...

  • HONG KONG, March 3- China's yuan edged down against the dollar on Tuesday, after the central bank fixed a weaker midpoint for the third consecutive day to reflect global strength in the dollar. The People's Bank of China set the midpoint rate at 6.1543 per dollar prior to market open, weaker than the previous fix of 6.1513. The yuan's depreciation pressure comes...

  • Obama criticizes China's plans for new tech rules Monday, 2 Mar 2015 | 5:14 PM ET
    President Barack Obama.

    President Obama criticized China's plans for new rules on U.S. tech companies, urging Beijing to change the policy.

  • Commodities tomorrow: Possible Iranian nuke deal?  Monday, 2 Mar 2015 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Crude closed down on the day, in part because the Iranian foreign minister talked about a possible nuclear deal.

  • *Palladium reaches 5-1/ 2- month high at $832.15/ oz. NEW YORK/ LONDON, March 2- Gold turned lower on Monday as the U.S. dollar rose and investors cashed in gains after upbeat Asian demand lifted the metal to two-week highs, with expectations for a rise in U.S. interest rates later this year keeping a lid on prices. Earlier, spot prices rose to $1,223.20 an ounce, their...

  • LONDON, March 2- Copper rose to its highest level in seven weeks on Monday after China unexpectedly cut interest rates before retreating on worries about slowing Chinese growth. The rate cut is showing the readiness of the Chinese government to fight against the slowdown, "said Eugen Weinberg, head of commodity research at Commerzbank in Frankfurt.

  • Want a custom suit? Good luck finding a tailor Monday, 2 Mar 2015 | 11:40 AM ET

    Prices are rising for custom suits, and it's taking longer to make them, because there is a shortage of quality tailors.

  • *Palladium reaches 5-1/ 2- month high at $829.30/ oz. LONDON, March 2- Gold steadied on Monday as investors cashed in gains after upbeat Asian demand earlier lifted the metal to two-week highs, with expectations for a rise in U.S. interest rates later this year keeping a lid on prices. Earlier spot prices rose to $1,223.20 an ounce, their highest since Feb. 17, after an...

  • The Internet's newest hit: A movie about smog Monday, 2 Mar 2015 | 10:07 AM ET
    A cyclist wearing mask rides along a road in Nanjing, China.

    A film critical of China's smog is an online hit, suggesting greater tolerance discussing the country's pollution, the FT reports.

  • Cardinal to buy J&J vascular tech unit Cordis Monday, 2 Mar 2015 | 9:20 AM ET

    Cardinal Health said on Monday that it would buy Johnson & Johnson's Cordis vascular technology unit for $1.9 billion.

  • SHANGHAI, March 2- U.S. video service provider Netflix Inc is likely to enter the Chinese market without a local partner, which could make it harder to do business in the world's biggest internet market widely known for censorship and strict regulation. The firm, known for its U.S. political thriller " House of Cards", also plans to look at exporting content produced...