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  • Workers assemble automobiles in a factory in Zouping, east China's Shandong province.

    China's trade will grow 3.5 percent in 2014, implying it will miss official targets, according to a report on a government website that was later revised.

  • SHANGHAI, Dec 27- The head of China's central bank's research department told a forum in Beijing on Friday that China's current monetary policy is appropriate but that liquidity management is increasingly important in the face of high funding costs. However, while bank lending rebounded in November, there is little sign of an impact of funding on lending rates,...

  • SHANGHAI, Dec 27- China will dramatically expand the size of a free trade zone in Shanghai to include the city's commercial centre where major multinational companies and Chinese banks have their headquarters, state media reported. The official Xinhua news agency cited the conclusion of the 12th meeting of the National People's Congress on Friday, but it did...

  • China jails 4 for 2013 fatal fire at poultry plant Saturday, 27 Dec 2014 | 3:25 AM ET

    BEIJING— Two fire chiefs and two poultry farm bosses have been convicted and sentenced to prison terms of up to nine years in relation to a fire at a plant in northeastern China last year that killed 121 people and injured 76 others, state media reported Saturday. The June 2013 fire in Jilin province was China's deadliest industrial accident in five years and...

  • SHANGHAI, Dec 27- China will dramatically expand the size of a free trade zone in Shanghai to include the city's commercial center where major multinational companies and Chinese banks have their headquarters, state media reported. The official Xinhua news agency cited the conclusion of the 12th meeting of the National People's Congress on Friday, but it did...

  • *Overall sector's November profits -4.2 pct y/y. SHANGHAI, Dec 27- Chinese industrial profits dropped 4.2 percent in November to 676.12 billion yuan, official data showed on Saturday, the biggest annual decline since August 2012 as the economy hit major unexpected headwinds in the second half. Despite last month's drop, profits for January-November were 5.3...

  • Doubts deepen over Chinese-backed Nicaragua canal Friday, 26 Dec 2014 | 10:45 PM ET
    Thousands of demonstrators march against the 173-mile Interoceanic Grand Canal that they say will negatively impact the environment, communities and Nicaraguan sovereignty, in Managua, Nicaragua December 10, 2014.

    Skepticism is growing over a $50 billion project to build a canal across Nicaragua, a project spearheaded by a little-known Chinese businessman.

  • A year and a half after the $50 billion project to build a canal across Nicaragua was launched by President Daniel Ortega, a former Marxist guerrilla, the doubts have only grown. So far the company, the HK Nicaragua Canal Development Investment Co Ltd, or HKND Group, of telecoms entrepreneur Wang Jing, has identified only $200 million in funding.

  • China offers to help electricity-starved Nepal Friday, 26 Dec 2014 | 6:42 AM ET

    KATMANDU, Nepal— China said Friday that it would help Nepal develop its power industry to alleviate severe electricity outages that can last up to 12 hours a day in the Himalayan nation, where Beijing is trying to increase influence and investment. China's state-backed Three Gorges International Corp. is negotiating with Nepal over construction of a $1.6...

  • BEIJING, Dec 26- The People's Bank of China is weighing changing rules governing how loan-to-deposit ratios are calculated at banks, a move that would boost liquidity conditions, sources with direct knowledge told Reuters. The banking-sector sources said the PBOC, during a meeting with domestic financial institutions, revealed it is planning to include...

  • China stocks close up, led by financial shares Friday, 26 Dec 2014 | 2:09 AM ET

    The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 3.3 percent, to 3,445.84 points, while the Shanghai Composite Index gained 2.8 percent, to 3,157.60 points. Among the most active stocks in Shanghai were Bank Of China, up 2.7 percent to 3.82 yuan; GD Power, down 1.1 percent to 4.65 yuan and China State Construction Engineering Co, down...

  • Sony film mess reflects gadgets-entertainment gap Friday, 26 Dec 2014 | 2:05 AM ET

    TOKYO— Sony's iconic gadgetry and the star appeal of Hollywood may have appeared to be a perfect match when the electronics giant bought Columbia Pictures in 1989. A quarter century later, it's apparent that Sony Corp. has not attained the magic synergy it was hoping for. The stolid silence of Sony's Tokyo headquarters over the hoopla surrounding Sony...

  • *Hong Kong markets closed Dec 25-26; reopen Dec 29. SHANGHAI, Dec 26- China stocks rose on Friday, led by strength in the financial sector, with analysts saying that investors were still chasing financial shares after China further eased liquidity conditions for banks. "The sector itself is still undervalued, so it will further attract investment in the...

  • Shares mostly higher in quiet holiday trading Thursday, 25 Dec 2014 | 10:19 PM ET

    Japan's benchmark edged lower after the government reported lackluster inflation, industrial production and household spending for November. KEEPING SCORE: Japan's Nikkei 225 stock index slipped 0.2 percent to 17,779.18 and Singapore's Straits Times index edged 0.1 percent lower to 3,342.20. JAPAN DATA: Japan's inflation rate eased slightly in...

  • China stocks close up over 3 pct on financial revival Thursday, 25 Dec 2014 | 2:23 AM ET

    The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 3.3 percent, to 3,335.42, while the Shanghai Composite Index gained 3.4 percent. Among the most active stocks in Shanghai were Bank Of China, up 4.5 percent at 3.73 yuan; GD Power, up 4.0 percent at 4.70 yuan; and, China State Construction, up 9.8 percent to 6.71 yuan. In Shenzhen, the most...

  • SHANGHAI, Dec 25- Shanghai copper futures inched up slightly on Thursday, as hopes of new official measures to invigorate the economy offered support for prices, even though domestic demand for the metal continued to sag. In a sign of weak local demand, spot premiums for copper in Shanghai bonded warehouses fell to just 80 yuan a tonne, compared with between $40- $50...

  • SHANGHAI, Dec 25- Shanghai copper futures were mostly flat in early trading on Thursday, as hopes of more support policies to invigorate the economy helped boost prices, even as domestic demand for the metal continued to sag. In a sign of weak local demand, spot premiums for copper in Shanghai bonded warehouse fell to just 80 yuan a tonne, compared with between $40-...

  • *Hong Kong markets closed Dec 25, 26; reopen Dec 29. SHANGHAI, Dec 25- Chinese stock markets rallied sharply on Thursday led by financials after reports circulated that the central bank is moving to further ease liquidity conditions inside banks. Also, funds locked up by IPOs have gotten unfrozen since yesterday, largely improving capital conditions in the market, "...

  • HONG KONG, Dec 25- Chinese investment banks have awarded pay rises to their staff for the first time since the 2008 global financial crisis, buoyed by a surge in China- related deals, but salaries and bonuses still trail far behind those paid by Western banks. "This is the first time since 2009 we have seen an increase of base and total compensation," said Maggy Fang,...

  • *Rouble dips after S&P threatens Russia with junk status. *Brent oil drops back to $60 a barrel. Most Asian markets had edged up overnight and Europe was looking to close the Christmas week up 1 percent despite a subdued day on Wednesday.