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  • Microsoft to pay China $140 mln for 'tax evasion' Tuesday, 25 Nov 2014 | 4:38 PM ET

    SEATTLE, Nov 25- China has levied about $140 million in back taxes from Microsoft Corp in the first major case concerning cross-border tax evasion in the country, as regulators ramp up pressure on U.S. corporations doing business there. "In 2012 the tax authorities of China and the United States agreed to a bilateral advanced pricing agreement with regards to...

  • *China cen bank lowers yield for key short-term money rate. LONDON, Nov 25- Copper and other base metals dropped on Tuesday after a surprise fall in U.S. consumer confidence and as investors doubted whether additional monetary policy easing in top metals consumer China would translate into a significant increase in demand. Copper touched a three-week high of...

  • BEIJING, Nov 25- China's central bank will wait until fourth-quarter economic data is out and monitor U.S. and Japanese monetary policy before considering any more rate cuts or easing, a central bank adviser said on Tuesday. The People's Bank of China surprised the markets by cutting rates last Friday for the first time in more than two years to help stabilize the...

  • *China cen bank lowers yield for key short-term money rate. LONDON, Nov 25- Copper slipped on Tuesday as investors doubted whether additional monetary policy easing in top metals consumer China would translate into a significant improvement in demand. The spot copper market in China also remained weak, with premiums for bonded stocks in Shanghai trading...

  • Foreign investment flowing from Hong Kong into Shanghai through the mutual market access pilot programme was tepid at 2.85 billion yuan, slightly over one-fifth of the 13 billion yuan daily quota, after a strong rise on Monday, when offshore investors bought nearly 7 billion yuan worth of Chinese shares. Among the most active stocks in Shanghai were Zijin...

  • Two of the world's biggest seed makers, Syngenta AG and Dow AgroSciences, are responding with tightly controlled U.S. launches of new GMO seeds, telling farmers where they can plant new corn and soybean varieties and how can the use them. Beijing is taking longer than in the past to approve new GMO crops, and Chinese ports in November 2013 began rejecting U.S....

  • SHANGHAI, Nov 25- China's yuan stuck close to the official guidance rate for a second day on Tuesday as investors weighed how the recent monetary easing might impact the exchange rate. The People's Bank of China fixed the yuan's daily midpoint at 6.1390 per dollar, up 0.05 percent from previous day's fix. "It means investors are generally lowering their...

  • SHANGHAI, Nov 25- China's central bank cut the yield for a key short-term money rate on Tuesday for the fourth time this year, as regulators step up efforts to reduce funding pressure on Chinese companies. Expectations for further easing have stimulated stock markets in China and abroad, while depressing domestic bond yields and putting downward pressure on...

  • *Hong Kong indexes down on consolidation, caution. SHANGHAI, Nov 25- Shanghai's stock index reached a multi-year high on Tuesday as investors remained optimistic that China shares will get more policy support following the central bank's surprise cut in lending rates. However, Hong Kong shares were down at midday.

  • *Oil under pressure ahead of this week's OPEC meeting. TOKYO, Nov 25- Asian shares gave back some of their China- inspired gains on Tuesday, while oil prices stumbled as traders lowered their expectation of a significant output cut at this week's OPEC meeting. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.4 percent after rallying in the...

  • Sean Darby, Global Head of Equity Strategy at Jefferies, explains how the crash in commodity prices is impacting central bank policy in Asia.

  • *Oil under pressure ahead of this week's OPEC meeting. TOKYO, Nov 25- Asian shares gave back some of their China- inspired gains on Tuesday, while oil prices slumped ahead of this week's OPEC meeting. MSCI's broadest index of Asia-Pacific shares outside Japan was off 0.3 percent after rallying in the previous session following China's surprise interest rate cut.

  • Sean O'Connor, Principal Imagery Analyst, Aerospace, Defence & Security at IHS Jane's, says Beijing's activity near the Spratly Islands could be violating "the spirit of a Code of Conduct" signed in 2002.

  • NEW YORK, Nov 24- A U.S. jury on Monday said a former top executive of China's Longtop Financial Technologies should pay damages to shareholders that could reach several million dollars, in one of the rare securities class actions to go to trial. The verdict was a rarity in U.S. securities class actions, having only resulted in 13 other cases involving conduct after...

  • Cramer's recipe for high prices in 2015 Monday, 24 Nov 2014 | 6:10 PM ET
    The Apple flagship store on 5th Avenue in New York.

    Money managers are looking for a reason to buy right now, and Jim Cramer is here to help. He goes sector by sector to offer his pick of hot stocks.

  • Commodities tomorrow: Looking for OPEC cut     Monday, 24 Nov 2014 | 4:00 PM ET

    CNBC's Bertha Coombs discusses the day's activity in the commodities markets. Oil prices edged lower as traders awaited OPEC's Thursday meeting.

  • LONDON, Nov 24- If the world's biggest central banks were actually coordinating a global monetary policy, they could scarcely do a better job of convincing financial markets right now. Three weeks on, European Central Bank chief Mario Draghi insists his bank will move "as fast as possible" to raise euro zone inflation using all means available- something...

  • *Oil regains some lost ground ahead of OPEC meeting. NEW YORK, Nov 24- U.S. stocks opened higher on Monday, extending a global equity rally in Asia and Europe fueled by merger activity and signals that central banks were willing to step further into the economic breach to support growth and inflation. European Central Bank President Mario Draghi also looked to be...

  • *OPEC to meet in Vienna on Nov. 27. *Producers split over possible OPEC output cuts. The decision came ahead of a key meeting of OPEC to discuss production in response to a collapse in oil prices.

  • Court confirms reorg plan for LDK subsidiaries Monday, 24 Nov 2014 | 8:12 AM ET

    NEW YORK— LDK Solar said Monday that a U.S. bankruptcy court has confirmed the reorganization plan for three of its subsidiaries. Judge Peter J. Walsh of the U.S. Bankruptcy Court for the District of Delaware confirmed the plan for LDK Solar Systems Inc., LDK Solar USA Inc. and LDK Solar Tech USA Inc. The subsidiaries had filed to reorganize under Chapter 11...