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  • BEIJING/ SHANGHAI, May 25- China's top banking regulator warned of rising credit risk from real estate, local government debt and unconventional forms of finance, sources with direct knowledge told Reuters, highlighting Beijing's struggles to prevent risky debt from engulfing a stuttering economy. As China's economic growth has slowed, Beijing has...

  • China cuts import tax on clothes, other goods Monday, 25 May 2015 | 6:07 AM ET

    BEIJING— China announced Monday it will cut import taxes on clothing, cosmetics and some other goods by half in a new tactic to spur consumer spending and economic growth. Beijing is in the midst of a marathon effort to reduce reliance on trade and investment to drive economic growth by nurturing domestic consumption. Tariff cuts due to take effect June 1 will be "...

  • Global stocks mostly higher in quiet trading day Monday, 25 May 2015 | 4:49 AM ET

    BEIJING— Asian stocks were mostly higher Monday on a quiet trading day with Hong Kong, Wall Street and London closed for holidays. London and Frankfurt were closed for holidays. Wall Street is closed Monday for Memorial Day.

  • SHANGHAI, May 25- Shanghai's benchmark stock index posted its biggest gain in four months on Monday, led by infrastructure and transport shares, after Beijing invited private investors to help build $318 billion of projects ranging from highways to tunnels. China's state planning agency on Monday released a list of more than 1,000 proposed projects...

  • SHANGHAI, May 25- China will slash import tariffs on consumer goods including skincare products, Western-style clothes and diapers from June, potentially giving a fillip to global brands and bolstering domestic consumption amid faltering economic growth. China retail sales rose 10 percent last month, but eased from March as data showed that China's economy...

  • *CSI300 +2.0 pct; SSEC +2.3 pct; Hong Kong on holiday. SHANGHAI, May 25- China stocks jumped to fresh seven-year highs on Monday morning, led by infrastructure and transport stocks, after Beijing said it is seeking private funding for over $300 billion worth of public projects. "These PPP projects would be a boon to the infrastructure sector, which also benefits from...

  • SHANGHAI, May 25- China's state planning agency on Monday released a list of more than 1,000 proposed projects totalling 1.97 trillion yuan that it is inviting private investors to help fund, build and operate. As its economic growth slows, China is increasingly turning to PPP, a model not commonly used, to fill a widening funding gap as Beijing clamps down on...

  • Asian stock markets mostly higher in quiet trading day Sunday, 24 May 2015 | 11:29 PM ET

    BEIJING— Asian stocks were mostly higher Monday on a quiet trading day with Hong Kong, Wall Street and London closed for holidays. Singapore, Manila and New Zealand also rose. GREECE DEBT: Greece's ruling Radical Left Coalition rejected a call by party hardliners to skip its next payment to the International Monetary Fund.

  • When Chinese flight booking operator Baitour needed cash to grow its business last year, it turned to Internet finance startup Jimu Box.

  • GE: US should participate in AIIB   Sunday, 24 May 2015 | 8:24 PM ET
    GE: US should participate in AIIB

    John Rice, vice chairman of General Electric (GE), says the Asian Infrastructure Investment Bank (AIIB) is a great opportunity for the U.S. to help resolve the shortfall in infrastructure.

  • Is China's economy at the cusp of recovery?   Sunday, 24 May 2015 | 8:17 PM ET
    Is China's economy at the cusp of recovery?

    After going through a "cyclical trough", China is seeing improved demand which hint at a recovery, says Martin Lakos, division director of Wealth Management at Macquarie.

  • Alibaba fosters local brands to fight fakes Sunday, 24 May 2015 | 7:49 PM ET
    Alibaba Group Holdings Ltd.

    Criticized and even sued for facilitating the counterfeit goods trade, Alibaba has been quietly piloting a plan to curb fakes at source.

  • What CES Asia will be focusing on   Sunday, 24 May 2015 | 7:33 PM ET
    What CES Asia will be focusing on

    Chua Soon Ghee, managing director for Southeast Asia at A.T. Kearney, outlines the trends that attracted the Consumer Electronics Association to launch its inaugural event in Asia.

  • Nikkei, Shanghai Comp hit new multi-year highs   Sunday, 24 May 2015 | 7:13 PM ET
    Nikkei, Shanghai Comp hit new multi-year highs

    While the 15-year peak on the Nikkei 225 is an "eventuality", the 7-year high on the Shanghai Composite is a "little more confusing", says Joe Magyer, senior analyst at The Motley Fool.

  • 'Stay well away from China stocks': IMA Asia   Sunday, 24 May 2015 | 6:51 PM ET
    'Stay well away from China stocks': IMA Asia

    Apart from being opaque, China's stock market is driven mainly by speculation of government policies, says Richard Martin, managing director at IMA Asia.

  • CES comes to Asia: What to expect   Sunday, 24 May 2015 | 6:31 PM ET
    CES comes to Asia: What to expect

    Gary Shapiro, president and CEO of the Consumer Electronics Association (CES), discusses the show's inaugural Asian event in Shanghai, China.

  • SHANGHAI/ HONG KONG, May 25- When Chinese flight booking operator Baitour needed cash to grow its business last year, it opted against using Industrial and Commercial Bank of China, its long-term lender and the world's largest bank, turning instead to Internet finance startup Jimu Box. For Baitour, getting funds via Jimu Box, a peer-to-peer online platform that...

  • *Alibaba to expand scheme to toys, electronics, others. *Critics say Alibaba should focus on taking down fake listings. PUTIAN, China, May 25- Criticized and even sued by luxury brand Gucci and others for facilitating the counterfeit goods trade, Chinese e-commerce giant Alibaba Group Holding Ltd has been quietly piloting a scheme to try to curb fakes at source.

  • APEC trade chiefs vow to speed up work in WTO Sunday, 24 May 2015 | 7:32 AM ET

    MANILA, Philippines— Trade ministers from 21 Asia-Pacific countries on Sunday issued strong support to the World Trade Organization's efforts to boost global trade amid a flurry of regional free trade agreements. The FTAAP goal is being pursued as talks for the Trans-Pacific Partnership free trade initiative of 12 countries— including the United States,...

  • BEIJING— At first, the numbers and company names flashing on a big board in Beijing's financial district suggest a booming market. The lights from the Beijing Environment Exchange— one of seven pilot markets in China for trading carbon— raises questions for the country as it prepares for next year's roll-out of a nationwide system that could help the world's...