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  • China stocks edge up, Hong Kong can't gain traction Sunday, 25 Jan 2015 | 11:43 PM ET

    SHANGHAI, Jan 26- China stocks edged up on Monday but gains were capped by selling in financials, while fears of instability in Europe weighed on shares in Hong Kong. Hong Kong's Hang Seng index dropped 0.1 percent, to 24,819.61, and the Hong Kong China Enterprises Index lost 0.7 percent, to 12,179.24, falling for the first time in four days as investors booked...

  • SHANGHAI, Jan 26- China's yuan weakened to its lowest against the dollar in almost eight months on Monday, nearing its daily limit, adding to speculation that easing steps by global central banks are prompting the People's Bank of China to guide the currency weaker. "The dollar's global strength is really surprising seen in the domestic market," said a dealer at a...

  • Shanghai copper falls 4 pct to lowest since July 2009. SINGAPORE, Jan 26- London copper fell almost 2 percent to its weakest level in nearly two weeks on Monday, pressured by a stronger dollar as the euro stumbled after Greece's Syriza party, set to win a snap election, promised to roll back austerity measures. It touched a session low of $5,415, its weakest since Jan. 14...

  • SINGAPORE, Jan 26- London copper futures fell for a third session running on Monday as the dollar gained against the euro after Greece's Syriza party promised to roll back austerity measures as it is set to win a snap election. *Syriza's Alexis Tsipras is on course to become prime minister of the first euro zone government openly opposed to austerity policies...

  • Every January, Dubai is decked out in lights, banners and roadside ornaments heralding the event. Dubai, one of seven federal states in the United Arab Emirates, has far smaller oil reserves than the capital Abu Dhabi, and its economy relies heavily on retail, tourism and international trade. Russian travel operators in Dubai reported a sharp drop in the number of...

  • Coal production drops in China for 1st time in 14 years Saturday, 24 Jan 2015 | 12:07 AM ET

    BEIJING— China recorded its first drop in coal production since 2000 last year, as the world's biggest greenhouse gas emitter pulls back on its use of the fossil fuel and switches to cleaner energy sources. According to the country's national coal association, China produced 3.5 billion tons of coal in the first 11 months of 2014, 2.1 percent less than the same...

  • Expedia acquires Travelocity in $280M deal Friday, 23 Jan 2015 | 3:59 PM ET
    The Expedia homepage and logo are displayed on laptop computers in Washington, Oct. 29, 2013.

    Expedia has acquired online travel agency Travelocity for $280 million in cash, the companies said in a statement on Friday.

  • Three Chinese tech companies to watch this year Friday, 23 Jan 2015 | 2:15 PM ET
    Tencent Holdings Ltd. application icons are displayed on an Apple Inc.

    Chinese tech companies are going global and pouring money into international markets.

  • Cooperation in Washington DOA? Not so fast Friday, 23 Jan 2015 | 10:36 AM ET
    Speaker of the House John Boehner (R) listens to President Barack Obama deliver the State of the Union address on January 20, 2015 in the House Chamber of the U.S. Capitol in Washington, DC.

    Many pundits have written off cooperation between Obama and the GOP-controlled Congress. But not so fast, says Scott Paul.

  • *Euro slumps towards $1.11 to 11- year low, bond yields reach new lows. LONDON, Jan 23- The European Central Bank's plan to pump out about 1 trillion euros to revive the euro zone economy put stocks in the region on track for their best week since 2011 but hammered the shared currency. Oil prices rose on hopes for a boost to global growth from the ECB's landmark move,...

  • DAVOS, Switzerland, Jan 23- Jack Ma, executive chairman of Chinese e-commerce giant Alibaba Group Holding, isn't worried about slowing Chinese economic growth, he told a meeting of business and political leaders in Davos, Switzerland. China should pay attention to the quality of the economy, "he said in a question-and-answer session at the World Economic Forum.

  • *China factory activity contracts for 2nd month. LONDON/ BEIJING, Jan 23- Businesses across Asia and Europe have slashed prices at the start of the year to drum up trade, surveys showed on Friday, vindicating the European Central Bank's decision to print money in a bid to revive inflation. Euro zone firms cut prices at the fastest rate in nearly five years and Chinese...

  • BEIJING— Chinese police said Friday they've arrested five people in connection with a phony bank that used bogus offices and tellers to bilk depositors out of $32 million. More than 200 customers were caught up in the scam based in the eastern city of Nanjing, according to a statement on the local police's microblog. Most were business owners from the...

  • HONG KONG, Jan 23- Troubled Chinese property firm Kaisa Group is talking to banks and rival developers about selling its assets as the company scrambles to raise cash, according to people with knowledge of the matter. The Wall Street Journal reported on Friday that developers speaking to Kaisa include China Vanke and Shenzhen Overseas Chinese Town.

  • SHANGHAI, Jan 23- China's yuan posted its biggest single-day loss since Dec. 8 on Friday after the central bank set a weaker midpoint in response to the fresh round of quantitative easing announced by the European Central Bank announced a day earlier. The People's Bank of China set the midpoint rate at 6.1342 per dollar prior to market open, weaker than the...

  • China's central bank backs ECB QE  Friday, 23 Jan 2015 | 3:50 AM ET

    The People's Bank of China says European Central Bank quantitative easing will boost the European economy and be a positive for Chinese exports.

  • Jan 23- Hong Kong shares extended a global rally on Friday to reach their highest level in more than four months after the European Central Bank launched a landmark bond-purchasing stimulus programme to support the euro zone economy. Among the most actively traded stocks on Hong Kong's main board were China National Culture Group Ltd, up 30.1 percent at HK...

  • Chinese steel producers, including the biggest private mill Jiangsu Shagang Group, state-owned Wuhan Iron& Steel Group and Hebei province-based Tangshan Iron& Steel, are scheduling maintenance on some facilities, according to industry consultancy Custeel. "The difference this year is that in order to trim production, many mills in northern China have...

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.1 percent, to 3,571.73, while the Shanghai Composite Index gained 0.3 percent, to 3,351.76 points. Among the most active stocks in Shanghai were Bank of China, unchanged at 4.84 yuan; ICBC, up 2.1 percent to 4.98 yuan and Agricultural Bank of China, up 0.3 percent to 3.74 yuan.

  • BEIJING— China is blocking VPN services that let users skirt online censorship of popular websites such as Google and Facebook amid a wider crackdown on online information, tech companies and specialists said Friday. Many foreigners in China as well as millions of Chinese depend on VPNs to connect to servers outside the country and access blocked...