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  • WASHINGTON, April 18- Beijing will accelerate reforms to the country's currency as part of a push for the yuan's inclusion in the International Monetary Fund's currency basket, China's central bank governor Zhou Xiaochuan said on Saturday. Winning approval for the yuan's inclusion in the IMF's currency basket could raise China's standing in the global...

  • WASHINGTON, April 18- The International Monetary Fund warned in a communique on Saturday that while economic growth in developed countries had strengthened, some emerging nations were being hit by weaker commodity prices and exports. Those meetings conclude on Sunday and have taken place amid growing concerns cash-strapped Greece will fail to reach...

  • WASHINGTON, April 18- China does not want to bend the rules in its favor to include the yuan in the IMF's basket of major reserve currencies, the No. 2 official at the International Monetary Fund said. Beijing tightly controls the yuan's movements and has strong capital controls, but it is pushing for increased use of the currency for trade and investment as part of a...

  • SHANGHAI/ DETROIT April 18- Ford Motor Co's global premiere of its redesigned Taurus sedan in China underscores a shift in its U.S. home market from the big sedan to roomier, utilitarian crossover SUVs. There's a similar trend in China, the world's biggest car market, but there is still a decent appetite among Chinese buyers for large sedans while, in the United...

  • SHANGHAI, April 18- China's recent liberalisation of stock short-selling rules is not intended to encourage the practice, the China Securities Regulatory Commission said on Saturday, after overseas markets dropped sharply in response to the move. Institutional investors including mutual fund companies and asset management businesses of securities...

  • SHANGHAI, April 18- China's team charged with hunting down officials suspected of corruption who have fled overseas is aged 30 on average, speaks foreign languages and is well educated, a Chinese official said, giving rare details of a secretive operation. The government launched Operation Fox Hunt last year to go after suspects who have left China to try and...

  • China fines Alibaba $129,000 for pricing violations Saturday, 18 Apr 2015 | 3:58 AM ET

    SHANGHAI, April 18- China's e-commerce giant, Alibaba Group, has been fined 800,000 yuan by the price bureau in eastern Zhejiang province for violations by third-party sellers during promotions on its e-commerce platforms. Since Alibaba turned "Singles' Day", a November 11 Chinese response to Valentine's Day, into an online shopping festival in 2009, the event...

  • SHANGHAI, April 18- China central bank governor Zhou Xiaochuan said Beijing would accelerate reforms to the country's currency to push for the yuan's inclusion in the International Monetary Fund's currency basket, known as Special Drawing Rights, the official Xinhua news agency reported on Saturday. Zhou made the comments during an interview with Xinhua...

  • Grilled: Lexus seeks design edge over premium rivals Saturday, 18 Apr 2015 | 2:09 AM ET

    BEIJING, April 18- Big may be beautiful, but Toyota Motor Corp's global design chief is betting that edgy is the way to go for the Japanese automaker's premium Lexus brand, specifically its signature' spindle grille' design. While some industry rivals and design experts say the jagged-edged, trapezoid grille is downright ugly, 63- year-old Fukuichi stands by the...

  • HONG KONG, April 18- China's average new home prices continued to fall in March, but on a narrowing trend that is expected to continue as the government's stimulus policies bolster sales volumes. Average new home prices in China's 70 major cities dropped 6.1 percent last month from a year ago, the seventh consecutive month fall, following February's 5.7 percent...

  • China March home prices fall 6.1 pct y/y Friday, 17 Apr 2015 | 9:39 PM ET

    April 18- Average new home prices in China's 70 major cities fell for the seventh consecutive month in March from a year earlier, down 6.1 percent. The National Bureau of Statistics said on Saturday new home prices in Beijing fell 3.7 percent last month from a year earlier, versus the previous month's drop of 3.6 percent. Growth in China's real estate investment in...

  • But China's proposal has been diplomatic coup, as Britain, France and Germany have broken with Washington and joined Asian governments in seeking membership. The U.S. also faces growing criticism over the refusal by Congress to approve reforms to the International Monetary Fund that would increase the voting power of fast-emerging economies such as China,...

  • The TV show that makes a stock market drop Friday, 17 Apr 2015 | 1:59 PM ET
    Adam Cheng in "The Greed of Man"

    The reairing of TVB’s “The Greed of Man” could see a resurgence of the “Ting Hai effect” that causes a pullback in Hong Kong's Hang Seng index.

  • Two pros agree, normal earnings volatility   Friday, 17 Apr 2015 | 1:40 PM ET
    Two pros agree, normal earnings volatility

    Europe is in a recovery mode, and the U.S. is steady, so this is normal volatility, explains Bernie Williams, USAA. Zachary Karabell, Envestnet, agrees.

  • Stocks tumble, not too much panic: Pisani   Friday, 17 Apr 2015 | 1:35 PM ET
    Stocks tumble, not too much panic: Pisani

    CNBC's Bob Pisani reports selling pressure from Europe and China has trickled into the major indices. Greece, Portugal and Italy are taking a tumble.

  • Stocks continue to drop   Friday, 17 Apr 2015 | 1:12 PM ET
    Stocks continue to drop

    CNBC's Bob Pisani checks on the down day and heavy volume in the markets Friday.

  • Market volatility? Get used to it, says strategist Friday, 17 Apr 2015 | 12:27 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Get ready for more market gyrations, but in the long run stocks will rise, strategist Savita Subramanian says as share prices plunge.

  • China regulator clamps down on borrowing to buy stocks Friday, 17 Apr 2015 | 12:23 PM ET

    BEIJING— China's securities regulator is tightening control over lending to small stock investors in an attempt to cool an overheated stock market. The China Securities Regulatory Commission has banned a type of financing called an umbrella trust, tightened control over other financing and told brokerages to limit potential risks, the commission said in a...

  • Shares hit by China trading clampdown fears Friday, 17 Apr 2015 | 11:32 AM ET
    Investors observe stock market at a stock exchange corporation on April 17, 2015 in Jiujiang, Jiangxi province of China.

    Regulatory changes for trading Chinese stocks spooked European and U.S. markets on Friday.

  • WASHINGTON, April 17- Britain favors the eventual inclusion of the Chinese yuan in the International Monetary Fund's SDR basket of currencies, finance minister George Osborne said on Friday, saying it was important to include emerging powers in the world system. He also sought to explain Britain's surprise decision last month to join the Beijing- dominated...