China
featured
Frederic Neumann, MD & Co-Head of Asian Economics Research at HSBC says China's latest gauge of manufacturing activity is proof of economic deceleration.
» Read More
More
-
BEIJING, June 20- China's factory activity weakened to a nine-month low in June as demand faltered, a preliminary survey showed, heightening the risk of a sharper second quarter slowdown and increasing the heat on the central bank to loosen policy.
-
*Yuan 0.03 pct weaker at 6.1289/ dlr in late morning. SHANGHAI, June 20- China's yuan edged down on Thursday after the central bank ignored gains in the dollar against other currencies to set its dollar-yuan midpoint, signalling a preference for stability.
-
*Gold down for fourth straight session. SINGAPORE, June 20- Gold fell for a fourth straight session on Thursday to its lowest level since a 15 percent plunge in mid-April, after the U.S. I wouldn't be in a rush to say it's the end of gold, "said Amber MacKinnon, an analyst at Nomura Securities in Sydney."
-
TOKYO, June 20- The U.S. dollar rose broadly on Thursday after the Federal Reserve signaled it would begin to dial down stimulus this year as the economic outlook improves.
-
SHANGHAI, June 20- China's interbank funding costs surged again on Thursday, with the two shortest-term rates hitting record highs, as the central bank again ignored market pressure to inject funds into the market, despite fresh evidence that the economy is slowing.
-
HONG KONG, June 20- Hong Kong shares extended losses to a nine-month low on Thursday, with defensive counters sliding after the U.S. Federal Reserve signalled a tapering of stimulus and cyclicals hurt by a weak China factory activity.
-
*London copper falls 1 pct, Shanghai down 1.6 pct. *China's June flash HSBC PMI hits 9- month low. SINGAPORE, June 20- London copper slid to an almost seven-week low on Thursday, dragged down by the U.S.
-
*China's weak factory data drags down China- related manufacturers. *GS Yuasa soars on battery JV with Bosch.
-
Midday and afternoon stock markets reports from Hong Kong, mainland China, Taiwan and South Korea and the Asia emerging forex report will not be issued separately on Thursday but will be combined into the Global Markets report.
-
*MSCI Asia ex- Japan slides 2.8 pct to 9- month low. "The Chinese data confirms views that the economy is vulnerable and could heighten the possibility of some policy action to ease investor jitters," said Hirokazu Yuihama, a senior strategist at Daiwa Securities in Tokyo.
-
SAN FRANCISCO, June 19- A year after Facebook Inc's fumbled IPO, Wall Street remains slow to recognize what Chief Operating Officer Sheryl Sandberg argues has been an across-the-board improvement in its business.
-
BEIJING, June 20- China's factory activity weakened to a nine-month low in June as demand faltered, a preliminary survey showed, heightening risks that a second quarter slowdown could be sharper than expected and raising the heat on the central bank to loosen policy.
-
BEIJING, June 20- Activity in China's vast manufacturing sector weakened further in June to a 9- month low as new orders faltered, a preliminary survey of purchasing managers showed on Thursday, reinforcing signs of tepid economic growth in the second quarter.
-
Real estate stocks were battered, with Mitsui Fudosan Co falling 2.4 percent, Mitsubishi Estate Co shedding 1.5 percent and Sumitomo Realty& Development tumbling 3.8 percent. But the yen's weakness limited losses, lifting some exporters, with Toshiba Corp gaining 1.3 percent, Mazda Motor Corp rising 3.0 percent and Sony Corp adding 0.7 percent.
-
*MSCI Asia ex- Japan slips 1.7 pct, Nikkei down 0.6 pct. Sentiment was also fragile ahead of an HSBC "flash" report on China's factory activity, due at 0145 GMT, which could provide fresh evidence of weakness in Asia's largest economy.
-
SINGAPORE, June 20- London copper fell to a near seven-week low on Thursday after U.S. Federal Reserve Chairman Ben Bernanke signalled the central bank would likely start reducing its stimulus measures later this year. *The most-traded copper contract on the Shanghai Futures Exchange eased 1.2 percent to 50,160 yuan a tonne.
-
HONG KONG, June 20- Hong Kong shares could plumb fresh 2013 lows on Thursday, with interest rate-sensitive counters seen under pressure after U.S. Investors will also be watching the June HSBC manufacturing flash purchasing managers' index for China, due at 0145 GMT.
-
*MSCI Asia ex- Japan slips 1.2 pct, Nikkei opens down 1.1 pct. MSCI's broadest index of Asia-Pacific shares outside Japan slid 1.2 percent, with Australian shares easing 0.4 percent and South Korean shares opening down 1.3 percent.
-
SYDNEY, June 20- The U.S. dollar held firm in Asia on Thursday, having posted its best one-day gain in over a month after the Federal Reserve confirmed that it would begin to dial down stimulus this year if the economy continued to recover as it expected. The euro swiftly retreated from a four-month high around $1.3418 to last stand at $1.3282.
-
TOKYO, June 20- Japan's Nikkei share average is expected to lose ground on Thursday after U.S.
Most Popular Video
DuckDuckGo CEO Gabriel Weinberg says web traffic on his search engine, billed as an alternative to Google that doesn't store your private information, surged 33 percent after the NSA news broke. Weinberg discusses the model of his search engine, and how the company makes money.
Wednesday, 19 Jun 2013 | 6:31 AM ETJohn Silvia, Wells Fargo Securities, and Barbara Marcin, Gabelli Dividend Income Fund, discuss whether investors should reconsider allocating their portfolios as the Fed wraps up its two-day policy meeting.
Wednesday, 19 Jun 2013 | 8:53 AM ETKen Langone, Invemed Associates chairman and president, called Fed Chairman Ben Bernanke a "lame duck."