GO
Loading...

China

More

  • *No March bookings of Iran oil shipments by India so far- trade. *MRPL buys from Kuwait, Saudi Arabia to replace Iran oil- source. India, Iran's top client after China, shipped in about 102,200 barrels per day of crude and condensate from Tehran in February, the lowest since July 2013, and down 63 percent from January and 62 percent from a year ago, according to tanker...

  • *China Feb PMI edges up to 7- mth high- HSBC. Brent crude was down 38 cents at $62.20 a barrel by 0645 GMT after an 18 percent gain in February, the largest monthly rise since May 2009. Manufacturing activity in China edged up to a seven-month high in February, HSBC's survey showed.

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.8 percent to 3,601.27 points, while the Shanghai Composite Index gained 0.8 percent to 3,336.28. Among the most active stocks in Shanghai were Bank Of China, unchanged at 4.11 yuan; China Petroleum, down 1.1 percent to 6.25 yuan and Agricultural Bank of China, up 0.3 percent to 3.35...

  • KUALA LUMPUR, Malaysia— Two airplane catastrophes put Malaysia on the map in a bad way in 2014. But they didn't hurt the country's tourism, and the higher visibility may even have helped: visitor numbers had their strongest growth in years. For the past decade, Malaysia has run an elaborate campaign to market itself abroad as an ideal Asian destination, touting a...

  • HONG KONG— Hong Kong police arrested nearly three dozen people Sunday after scuffles broke out in the latest protest against the growing influx of mainland Chinese shoppers. Baby formula is such a hot commodity for mainland visitors that Hong Kong, which has a reputation for authentic and high-quality goods, restricts the amount people can take out of the city.

  • SHANGHAI, March 2- China's environmental ministry has ordered local governments in two key steel-producing cities to take tougher action against polluters from the sector as part of efforts to improve air quality. Inspectors from China's Ministry of Environmental Protection last week summoned mayors from the cities of Linyi in the eastern province of...

  • *MSCI's Asia-Pacific stock index up 0.1 pct after China rate cut. *Australian shares hit 7- year high after China eases. *But overall risk asset impact from China cut limited.

  • *China's rate cut within expectations, partly priced in- analysts. SHANGHAI, March 2- China stocks posted modest gains on Monday after the central bank cut interest rates over the weekend, with some investors expressing disappointment that it didn't cut rates more deeply. "It's not a surprise," said Wu Kan, head of equity trading at investment firm Shanshan Finance...

  • *China Feb PMI edges up to 7- mth high- HSBC. SINGAPORE, March 2- Oil stayed in the red on Monday on supply concerns despite partly recovering from earlier losses after a private business survey showed an improvement in China's manufacturing sector in February. HSBC's survey on private business showed that activity in China's factory sector edged up to a...

  • Survey shows China manufacturing improving Sunday, 1 Mar 2015 | 10:49 PM ET

    BEIJING— China's manufacturing activity improved in February for the first time in four months but export demand weakened, a survey released Monday showed. HSBC's manufacturing index based on a survey of factory purchasing managers rose to 50.7 from January's 49.7. The HSBC survey, conducted by Markit Economics, found growth in output and total new orders...

  • SINGAPORE, March 2- Oil fell about 1 percent on Tuesday after posting its first monthly rise since June, pressured by continued weakness in China's vast manufacturing sector and higher Libyan crude output. The bank expects Beijing to lower the country's growth target to 7 percent this year in the upcoming National People's Congress, down from 7.5 percent last...

  • SINGAPORE/ MANILA, March 2- More than three years after opening ultra-luxe nightclub Pangaea in Singapore's glitzy Marina Bay Sands, owner Michael Van Cleef Ault is now betting that Manila's casinos will be able to draw rich punters and partygoers through his doors. The increase in the number of wealthy Chinese gamblers fleeing Macau amid Beijing's...

  • *Performance beat expectations, follows HSBC flash survey showing recovery. SHANGHAI, March 1- Weakness in China's vast manufacturing sector, aggravated by high real borrowing costs and weak demand, appears to have driven the central bank to accelerate the pace of monetary easing to ward off deflation in the world's second-largest economy.

  • The knowledge gained so far is of little comfort to family and friends of the 239 people still missing from the plane, which vanished last March 8 during a flight from Kuala Lumpur, Malaysia, to Beijing. In the Indian Ocean west of Australia, where experts believe the plane crashed, scientists have been mapping the sea floor to aid in the search for wreckage.

  • SYDNEY— Australia, Indonesia and Malaysia will lead a trial of an enhanced method of tracking aircraft over remote oceans to allow planes to be more easily found should they vanish like Malaysia Airlines Flight 370, Australia's transport minister said Sunday. The announcement comes one week ahead of the anniversary of the disappearance of Flight 370, which...

  • *Numbers came out right after China c.bank cut rates. SHANGHAI, March 1- Hours after China's central bank cut interest rates to battle slowing growth and rising deflationary risk, an official survey showed on Sunday that activity in China's factory sector contracted for a second straight month in February. Accounting for 48 percent of China's $10.2 trillion...

  • BEIJING— An index that measures China's manufacturing activity went up slightly in February but still showed contraction amid China's economy slowdown, according to official data released Sunday. China's economy, the world's second largest, grew 7.4 percent last year, its slowest expansion in nearly a quarter century. China's economy is expected to decline...

  • China official PMI inches up to 49.9 in February Saturday, 28 Feb 2015 | 9:45 PM ET

    China's factory sector shrank in February on unsteady exports and slowing investment, an official survey showed on Sunday.

  • SYDNEY— Australia, Indonesia and Malaysia will lead a trial to enhance the tracking of aircraft over remote oceans, allowing planes to be more easily found should they vanish like Malaysia Airlines Flight 370, Australia's transport minister said Sunday. The announcement comes one week ahead of the anniversary of the disappearance of Flight 370, which...

  • BEIJING, March 1- Activity in China's factory sector contracted for a second straight month in February on unsteady exports and slowing investment, an official survey showed on Sunday, reinforcing bets that more policy loosening is needed to lift the economy. Accounting for 48 percent of China's $10.2 trillion economy last year, the services sector has...