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  • 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...

  • SMCP CEO: Why Asia looks 'promising'   Wednesday, 27 May 2015 | 9:36 PM ET
    SMCP CEO: Why Asia looks 'promising'

    Daniel Lalonde, CEO of SMCP Group, says the high-end retailer's business model and positioning as a contemporary Paris fashion brand resonate well in Asia, especially in China.

  • Galaxy's new Macau resorts are positive: Pro   Wednesday, 27 May 2015 | 9:22 PM ET
    Galaxy's new Macau resorts are positive: Pro

    John Bruce, director of Operation, Macau at Hill & Associates, discusses his experience at the opening of Galaxy Entertainment Group's two new casino resorts in Macau.

  • Remembering the 'true great' of Morgan Stanley   Wednesday, 27 May 2015 | 8:31 PM ET
    Remembering the 'true great' of Morgan Stanley

    James Gorman, chairman & CEO of Morgan Stanley, discusses the passing of former chairman S. Parker Gilbert. He later explains why China remains "incredibly exciting" despite a growth slowdown.

  • Is diversification the answer to Macau's woes?   Wednesday, 27 May 2015 | 6:36 PM ET
    Is diversification the answer to Macau's woes?

    Casinos in Macau have "no choice but to diversify their offerings" so as to attract tourists from Greater Asia, says Jonathan Galaviz, partner at Global Market Advisors.

  • Experts involved in past deep water searches say the search to find MH370 could easily miss the plane as Dutch company Fugro NV, the firm at the forefront of the mission, is using inappropriate technology for some terrain and inexperienced personnel for the highly specialized task of hunting man-made objects. "Fugro is a big company but they don't have any...

  • Commodities tomorrow: Oil continues slide   Wednesday, 27 May 2015 | 4:00 PM ET
    Commodities tomorrow: Oil continues slide

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Oil prices were down again today, and traders think the downward slide is likely to continue.

  • *U.S. expected to press Europe to reach deal on Greece. DRESDEN, Germany, May 27- G7 ministers and central bank heads convened on Wednesday to discuss how to revive global growth and China's increasing clout, while keeping a close eye on the protracted talks to avoid a Greek default. The United States is likely to use the talks, running through to Friday, to press Europe...

  • Lamborghini SUV to hit the road in 3 years Wednesday, 27 May 2015 | 2:27 PM ET
    Automobili Lamborghini announces a luxury SUV as a third model to join its product range.

    Lamborghini said it will be introducing an SUV to its product line by 2018 in an effort to expand its clientele.

  • China: Closer to giving the dollar a run Wednesday, 27 May 2015 | 1:01 PM ET
    An employee counts money at a branch of Industrial and Commercial Bank of China Limited (ICBC) in Huaibei, Anhui Province of China.

    The IMF says the Chinese yuan was no longer undervalued.

  • Surging Shanghai stocks a bubble: China strategist Wednesday, 27 May 2015 | 8:46 AM ET
    Investors observe stock market at a stock exchange corporation on April 7, 2015 in Huaibei, Anhui province of China.

    There's a "total disconnect" between Shanghai's booming stocks and the Chinese economy, a China strategist says.

  • *U.S. expected to press Europe to reach deal on Greece. DRESDEN, Germany, May 27- Little more than a gentlemen's club in recent years, G7 finance ministers and central bankers have their work cut out this week to revive stuttering global growth and defuse tensions over China's growing economic clout. The United States is likely to use the talks, beginning late on...

  • Chinese stocks in your 401(k)   Wednesday, 27 May 2015 | 6:52 AM ET
    Chinese stocks in your 401(k)

    The Shanghai is clearly in bubble territory, says Patrick Chovanec, Silvercrest Asset Management, sharing his thoughts on Chinese stocks when considering asset allocation.

  • China coal production falls in first 4 months of year Wednesday, 27 May 2015 | 6:13 AM ET

    BEIJING— Coal production in China, the world's biggest coal-consuming nation, fell by 6 percent in the first four months of this year as the economy slows and the government makes a concerted push to reduce carbon emissions. China uses roughly half of all of the world's coal production for power generation, heating and industry. Earlier this month, the...

  • BEIJING— A court in eastern China fined a manufacturer of weed killer 75 million yuan and imprisoned employees of the company and its contractors for discharging wastewater that severely polluted streams. The fine levied by the Longyou county court on Jinfanda Biochemical Co., which makes glyphosate, was the largest ever for a polluter in Zhejiang province,...

  • G7 finance chiefs meet with growth problem to fix Wednesday, 27 May 2015 | 4:47 AM ET

    U.S. expected to press Europe to reach deal on Greece. The United States is likely to use the talks, beginning late on Wednesday and running through to Friday, as an opportunity to press Europe to reach a funding-for-reforms deal with Greece, an official close to the discussions said. Hosts Germany have given the meeting in Dresden the heading "Towards a Dynamic...

  • HONG KONG, May 27- Hong Kong stocks fell on Wednesday, taking cues from downbeat overseas markets, but losses were limited by expectations that Beijing will guide more money from the mainland to Hong Kong. China's official Securities Times reported on Tuesday that Beijing will soon launch a new pilot scheme, dubbed QDII2, in six cities allowing individuals to...

  • SHANGHAI, May 27- China stocks ended mixed on Wednesday, giving a lukewarm welcome to FTSE Russell's reception of mainland-listed equities into its indexes ahead of a fresh flood of new share offerings. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.3 percent, to 5,181.43, while the Shanghai Composite Index gained 0.6 percent,...