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  • METALS-Copper, aluminium recover from losses on dollar Thursday, 28 May 2015 | 12:10 PM ET

    *China infrastructure spend could boost metals in H2- analyst. LONDON, May 28- Copper and aluminium recovered from recent losses on Thursday as the dollar weakened against the euro and optimism grew over a Greek debt deal, but some analysts were cautious over whether gains could be sustained due to plentiful supplies. One of the reasons is because the dollar has...

  • LONDON, May 28- The South China Sea has become the most important testing ground for the changing economic, political and military relationship between China and the United States. China and the other littoral states dispute ownership as well as the rights to resources and maritime control that flow from it. China says it owns the outcrops so is entitled to...

  • Defense Secretary Ash Carter, in Washington's latest challenge of Chinese land reclamation in the South China Sea, said the scale of Beijing's activities, not the United States, was altering the status quo in the region. Carter, speaking to reporters at the start of a 10- day trip to Asia, said the United States was trying to maintain a shared regional security...

  • HANGZHOU, China, May 28- China Cinda Asset Management offered on Thursday nearly $7 billion in soured loans to investors in its largest ever sale, underscoring government pressure on banks and asset managers to settle China's debt pile as economic growth stalls. Its promotion comprised 35.3 billion yuan in outstanding principle and 8 billion yuan in interest...

  • LONDON, May 28- Copper and aluminum recovered from recent losses on Thursday as the dollar weakened and optimism grew over a Greek debt deal, but some analysts were cautious that gains could be sustained due to plentiful supplies. One of the reasons is because the dollar has stopped appreciating, in the short term at least, "said Stephen Briggs, metals strategist at...

  • BEIJING, May 28- China's economy faces challenges that include difficulties in enacting structural reforms, President Xi Jinping was quoted by state news agency Xinhua as saying on Thursday.

  • Share markets in China, Hong Kong, Australia skid. LONDON, May 28- The dollar took a breather on Thursday after hitting its highest level against the yen since 2002, and stocks stuttered as high-flying Chinese shares tumbled and European officials downplayed talk of an imminent deal to keep Greece afloat. Commodity markets rebounded as the dollar's momentum...

  • SHANGHAI, May 28- China's stock markets plunged on Thursday, with indexes dropping over 6 percent in record high turnover as investors rushed to sell after more brokers tightened margin trading requirements for clients and the central bank drained money market liquidity. The Shanghai Stock Exchange saw A share turnover hit 1.2 trillion yuan, an all time...

  • HONG KONG— Hong Kong regulators said Thursday they're investigating a leading Chinese solar panel maker owned by billionaire Li Hejun after its shares took a sudden and unexplained plunge. The Securities and Futures Commission normally does not announce its investigations but released a statement after Li said there was no investigation in a video...

  • His best move is to go straight to the people for support, "said Zhang Lifan, a Beijing- based historian and independent political commentator. On each occasion, he was met and seen off by cheering, clapping crowds who seemed barely able to contain their enthusiasm, in a style reminiscent of Communist China's founder Mao Zedong or current North Korean leader Kim...

  • SHANGHAI, May 28- China's stock markets plunged on Thursday, with indexes dropping over 6 percent in record high turnover as investors rushed to sell after more brokers tightened margin trading requirements for clients and the central bank drained money market liquidity. The Shanghai Stock Exchange saw A share turnover hit 1.2 trillion yuan, an all time...

  • BEIJING— In the wee hours of a March morning, a Chinese hotelier wrote a 5,000- word open letter to his country's premier and posted it on social media. Instead, he was invited to the inner sanctum offices of China's leadership in Beijing to offer more of his thoughts after his writing caught the attention of Premier Li Keqiang and other senior leaders.

  • SHANGHAI, May 28- China stocks slumped on Thursday, posting their biggest fall in four months, after several major brokerages tightened requirements on margin financing, triggering fears of further measures by regulators to reduce leverage in the red-hot market. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 6.7 percent, to...

  • HONG KONG, May 28- China this week pushed ahead efforts to link its domestic markets with global peers by launching a joint venture in Germany to provide a wide range of yuan-denominated products to European investors. Deutsche Boerse agreed to set up a venture with the Shanghai Stock Exchange and China Financial Future Exchange to develop Chinese shares and...

  • *Share markets in China, Hong Kong, Australia skid. *Uncertainty on Greece keeps investors hopeful but wary. TOKYO, May 28- An index of Asian shares fell on Thursday as the Chinese, Hong Kong and Australian markets slipped, while the dollar scaled its highest level against the yen since 2002 on expectations the U.S.

  • BEIJING, May 28- China's factories struggled to expand in May despite recent interest rate cuts and other policy stimulus, a Reuters poll showed, suggesting the government may have to do more to halt a protracted slowdown in the economy. The flash HSBC/ Markit PMI released last week showed factory activity contracted for a third month in May and output shrank at...

  • TOKYO— Chinese shares dived Thursday after big gains in the past three months and other global stock markets were mostly lower as a deadline neared for cash-starved Greece to make a debt payment. In Europe, France's CAC 40 slipped 0.5 percent to 5,155.42 and Germany's DAX lost 0.4 percent to 11,725.46. Britain's FTSE 100 inched up 0.2 percent to 7,046.80.

  • SHANGHAI, May 28- China's yuan was little changed against the dollar on Thursday as the central bank kept its daily guidance rate largely steady, a sign that monetary authorities are keen to keep the currency stable for now, traders said. "The market is quite balanced today, with no big money flows pushing the yuan in either direction," said a trader at a Chinese...

  • *Share markets in China Hong Kong, Australia skid. *Uncertainty on Greece keeps investors hopeful but wary. TOKYO, May 28- Asian shares shed gains on Thursday as the Chinese, Hong Kong and Australian markets slipped, while the dollar scaled a 13- year peak against the yen as it rallied on expectations the U.S.

  • SHANGHAI, May 28- At least three Chinese brokerages, including Guosen Securities Co, Southwest Securities Co and Changjiang Securities Co, tightened margin financing rules on Thursday to tame risks in a red-hot stock market fueled by a record amount of borrowed money. China's benchmark indexes fell over 1 percent on Thursday morning. Changjiang Securities...