Despite recent weak data announced over the weekend, Mark Mobius, Executive Chairman at Templeton Emerging Markets Group, remains optimistic on the mainland.» Read More
*Eleven companies to list in Shanghai market. *Gold shares up on expected early start to trade plan. SHANGHAI, Sept 16- China shares fell early Tuesday on worries about the economy, but the losses were erased and indexes flat at midday thanks to support from resource companies.
SYDNEY/ SINGAPORE, Sept 16- The dollar eased on Tuesday with investors reluctant to do much as they waited for fresh guidance on interest rates from the Federal Reserve, while the Australian dollar held above a six-month trough.
MELBOURNE, Sept 16- London copper edged up on Tuesday from near three-month lows, as traders squared their books ahead of a Federal Reserve meeting that is expected to offer clues on when U.S. interest rates will climb.
SHANGHAI, Sept 15- China will ban the import and local sale of coal with high ash and sulfur content starting from 2015 in a bid to tackle air pollution, with tough requirements in major coastal cities set to hit Australian miners.
HONG KONG, Sept 16- Strong winds and heavy rain hit Hong Kong on Tuesday as a typhoon headed to the south of the financial hub, disrupting business and closing the stock market for at least part of the morning. Flights in and out of Hong Kong were delayed, affecting thousands of passengers, with the impact expected to last well into Tuesday morning.
It settled 65 cents a barrel higher at $92.92 on the previous session, recovering by more than $2 a barrel after falling earlier in the session towards 16- month lows. *November Brent gained 20 cents a barrel to $98.08 after it ended 8 cents lower at $97.88.
SYDNEY, Sept 16- The U.S. dollar loitered in familiar territory early on Tuesday with investors reluctant to do much as they waited for fresh guidance on interest rates from the Federal Reserve, while the Australian dollar rebounded from a six-month trough.
BEIJING, Sept 16- A signboard at the top of a staircase in the ageing Beijing offices of the National Development and Reform Commission directs lawyers and company officials to numbered conference rooms for antitrust meetings.
BEIJING/ NAGOYA, Japan, Sept 16- Toyota Motor Corp is reconsidering a move to open a new compact car assembly plant in Mexico after company President Akio Toyoda told planners searching for a site to pause and review its rationale, executives familiar with the matter said.
CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Brent crude slides, and traders watch China and the dollar.
NEW YORK/ LONDON, Sept 15- Gold rose on Monday after weak Chinese factory data, but the precious metal hovered just above an eight-month low as investors worried that the Federal Reserve may start hinting at plans to raise U.S. interest rates sooner than expected.
Discussing China's economy and the sharp decline in China's industrial production, with John Rutledge, SAFANAD chief investment strategist.
A Barclays study found 47 percent of Chinese millionaires plan to move abroad in the next five years. CNBC's Robert Frank says the top reason was education for their kids.
*Copper, aluminum, zinc and tin prices all fall. LONDON, Sept 15- Nickel dropped to a three-month low on Monday after inventories hit a record high and weak factory output in China raised fears about growth in the world's biggest metals consumer.
SHANGHAI, Sept 15- China will ban the import and local sale of coal with high ash and sulphur content starting from 2015 in a bid to tackle air pollution, with tough requirements in major coastal cities set to hit Australian miners the hardest.
Discussing Alibaba's IPO price range, Henry Guo, JG Capital senior research analyst, says he believes the price range is too conservative considering their growth potential and investments in mobile and entertainment.
CNBC's Susan Li reports Alibaba's roadshow hit Hong Kong today. Li said over 500 investors attended Jack Ma's address.
LONDON, Sept 15- Nickel dropped to the weakest levels in nearly 12 weeks on Monday after inventories hit a record high and weak factory output in China raised fears about growth in the world's biggest metals consumer. Three month nickel on the London Metal Exchange shed 1.2 percent to $18,176 a tonne by 1407 GMT, the lowest since June 25.
Discussing the early days of Alibaba and the risk in dealing with the Chinese government, with Daniel Rosensweig, Chegg president and CEO.
The Chinese city of Chongqing has created a smartphone sidewalk lane for pedestrians and it's making quite a buzz.