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  • Feb 25- Chinese computer and smartphone firm Lenovo Group Ltd said its website was hacked on Wednesday, its second security blemish days after the U.S. government advised consumers to remove software called "Superfish" pre-installed on its laptops. Lenovo said attackers breached the domain name system associated with Lenovo and redirected visitors to...

  • HONG KONG, Feb 26- China is set to launch a link between gold markets in Shanghai and Hong Kong this year following a landmark stock connect scheme, aiming to enhance its pricing power of gold contracts and ultimately challenge its competitors in the West. While China is the world's largest consumer of the precious metal, having surpassed India, daily trading of...

  • Feb 25- China's Lenovo Group Ltd website was hacked, the company said on Wednesday, days after the U.S. government advised Lenovo customers to remove a pre-installed virus-like software, "Superfish", on laptops that makes the devices more vulnerable to attacks. "The domain name service server hosting Lenovo's website was hacked. We'll update as soon as possible, "...

  • U.S. lawmakers battle over currency in trade deals Wednesday, 25 Feb 2015 | 7:04 PM ET

    A bipartisan bill introduced this month and proposals from other lawmakers seek to stop trading partners such as China and Japan from manipulating exchange rates to make their goods cheaper for overseas buyers. It encompasses 12 Pacific Rim trading partners including Japan, whose stimulus program has helped lop off a third of the yen's value since late...

  • China new year a bull, not sheep, for stocks Wednesday, 25 Feb 2015 | 5:14 PM ET
    Shareholders discuss financial data in Shenyang, China, on Feb. 25, 2015.

    As Chinese markets began trading in the year of the ram, analysts looked for ETFs that track the region's indices to profit from an expected rally.

  • SHANGHAI, Feb 26- A Chinese government push to promote e-commerce has created a host of online retail rivals for Alibaba Group Holding Ltd and Amazon.com Inc catering to shoppers' fears about the quality and safety of local everyday goods. Smaller local internet firms like Netease Inc, which partnered last month with Sinotrans to set up an online bazaar, are also...

  • Commodities tomorrow: Wait, oil was up?  Wednesday, 25 Feb 2015 | 4:00 PM ET

    CNBC's Jackie DeAngelis discusses the day's activity in the commodities markets. Even after an 8.4 million barrel build, oil ended the day over $50.

  • China boots Apple, others, off state purchase list Wednesday, 25 Feb 2015 | 3:34 PM ET
    Chinese consumers trying out the Apple iPhone 6 in an Apple store in Shanghai.

    China has dropped some of the world's leading technology brands from its approved state purchase lists, while approving more local products.

  • LONDON, Feb 25- Standard Bank Plc said on Wednesday its co-head of commodities, Jim Coupland, is leaving after two decades, during which he built one of the world's biggest metals banks. His departure comes at a challenging time for Standard Bank as it seeks to recoup millions of dollars in losses from a metal financing scandal in China's Qingdao port that rocked...

  • Suit accuses Purina of poisoning, killing dogs Wednesday, 25 Feb 2015 | 12:50 PM ET
    Nestle Purina PetCare Co. Beneful dog food sits on a shelf outside a Dollar General Corp. store in Silvis, Illinois.

    A lawsuit claims that thousands of dogs have become ill or died as a result of eating Purina Beneful dry kibble dog food.

  • LONDON, Feb 25- More than 60 central banks hold China's yuan in their currency reserves and the amount held there and in sovereign wealth funds should grow by $500 billion over the next five years, China- focused bankers said on Wednesday. Speaking at an Association for Financial Markets in Europe conference in London, Massimiliano Castelli, UBS Asset...

  • Health-conscious Chinese challenge Western food firms Wednesday, 25 Feb 2015 | 8:42 AM ET

    *Analysts see nutrition as selling point in China. LONDON/ SHANGHAI, Feb 25- Chen Chen, a 27- year-old financial analyst in Shanghai, has cut back on bottled milky tea in favour of fresh-squeezed juices. Packaged food makers such as Nestle, Danone, PepsiCo and General Mills enjoyed fast growth in China as middle class consumers opted for convenience foods.

  • Who's behind the 'Nicaragua Grand Canal'—and why? Wednesday, 25 Feb 2015 | 8:29 AM ET
    Thousands of demonstrators march against the 173-mile Interoceanic Grand Canal that they say will negatively impact the environment, communities and Nicaraguan sovereignty, in Managua, Nicaragua, December 10, 2014.

    A lot of people are questioning why, exactly, the proposed "Nicaragua Grand Canal" would need to exist in the first place.

  • *Dropped brands include Cisco, Apple, McAfee, Citrix. BEIJING, Feb 25- China has dropped some of the world's leading technology brands from its approved state purchase lists, while approving thousands more locally made products, in what some say is a response to revelations of widespread Western cybersurveillance. Smartphone and PC maker Apple Inc has also been...

  • BEIJING— China's annual Lunar New Year variety show, which mocked unmarried women and suggested female officials provide sexual favors to get promoted, has led to online outrage and some state media to urge more attention to discrimination against women. This year's gala was directed by a woman, Ha Wen, who hasn't publicly commented on the criticism.

  • BEIJING— A famed 81- year-old Chinese dissident writer was given a suspended 2 ½- year prison sentence Wednesday on charges of running an illegal business, apparently because he published articles critical of the country's propaganda chief. A lawyer for Huang Zerong, who uses the pen name Tie Liu, said his client was also fined 30,000 yuan.

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 1.2 percent, to 3,478.73, while the Shanghai Composite Index lost 0.5 percent, to 3,228.84 points. Among the most active stocks in Shanghai were China Petroleum, up 3.6 percent to 6.10 yuan; United Network, down 4.5 percent to 5.29 yuan and Bank Of China, down 1.2 percent to 4.05 yuan.

  • HONG KONG, Feb 25- Hong Kong unveiled HK $34 billion worth of sweeteners in its budget on Wednesday, including measures to help businesses hit by pro-democracy protests, as it strives to rebuild confidence amid fears the city is losing its competitive edge. Financial Secretary John Tsang announced a cut in taxes on salaries and profits as well as an increase in...

  • China c.bank newspaper warns of rising deflation risk Wednesday, 25 Feb 2015 | 12:45 AM ET

    SHANGHAI, Feb 25- China is dangerously close to slipping into deflation, the central bank's newspaper warned on Wednesday, highlighting increasing nervousness in policymaking circles as a sputtering economy struggles to pick up speed despite a raft of stimulus steps. As a slowdown in China's economy over the past year was accompanied by a chill in global...

  • Hong Kong budget offers relief to protest-hit businesses Wednesday, 25 Feb 2015 | 12:07 AM ET

    HONG KONG— Hong Kong's finance chief on Wednesday unveiled $37 million in measures aimed at giving relief to some business owners and restoring confidence in the Asian financial hub following pro-democracy protests last year that choked traffic for 11 weeks. About a third of the amount budgeted would be set aside for events to promote Hong Kong globally.