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  • The drop in China extended a savage correction that has clipped 30 percent off Chinese shares since mid-June, threatening a new blow to the country's already slowing economy despite a slew of market support steps from Beijing. MSCI's broadest index of Asia-Pacific shares outside Japan wallowed at its lowest level since February 2014, extending its early...

  • *Nearly 1,300 firm shares suspended on China exchanges. Around 30 percent has been knocked off the value of Chinese shares since mid-June, and for some global investors the fear that China's market turmoil will destabilize the real economy is now looming as a bigger risk than the euro zone crisis. "Today is all about China, with Greece in the background now that...

  • TOKYO/ SYDNEY, July 8- The dollar and yen gained on Wednesday with investors seeking the perceived safety of these currencies as Asian equities, notably volatile Chinese shares, fell across the board and hurt risk appetite. The common currency had received some reprieve overnight to poke above $1.10 after euro zone members gave Athens until the end of the week to...

  • TOKYO, July 8- Asian shares tumbled on Wednesday and the safe-haven yen rallied as Chinese stocks remained in a tailspin, shaking investors already rattled by Greece's debt crisis. MSCI's broadest index of Asia-Pacific shares outside Japan extended its early losses after Chinese shares opened sharply lower, and was last down 2.5 percent.

  • Copper prices hit lowest level in six years on China worries. NEW YORK, July 7- Copper and other metals plunged on Tuesday as the euro sank to a five-week low against the dollar after the European Central Bank tightened lending conditions for Greek banks and as the collapse in equities prices in China drove fears about the country's economy.

  • LONDON, July 7- Tom Hayes, the first person to face trial by jury over allegations he conspired to rig global Libor interest rates, told a London court on Tuesday he had not acted dishonestly and just wanted to do his job as "perfectly as he could". Taking the stand for the first time in the high-profile trial at Southwark Crown Court, the 35- year-old former UBS and...

  • *U.S. stocks fall, MSCI world index down 0.8 pct. NEW YORK, July 7- Global equity markets fell on Tuesday and the euro hit a five-week low against the dollar as euro zone leaders held an emergency summit to discuss Greece's future in the currency bloc, while commodities sold off on China demand worries. Copper prices dropped to a six-year low following the dollar's...

  • NEW YORK, July 7- Equity markets around the world fell while the euro slid to a five-week low against the dollar on Tuesday amid concerns over Greece's future as euro zone leaders were set to meet for an emergency summit on the country's debt crisis. "Markets seem to be losing patience and faith in the Athens' debt crisis ending with Greece's banks intact and the...

  • Greece and its creditors held talks in Brussels on Tuesday to discuss how to keep the country from falling out of the euro. Reports out late in the day said European officials considered providing Greece with emergency funding to help it avoid defaulting on its debts. "It's all Greece all the time," said Burt White, chief investment officer at LPL Financial.

  • *Defendant Hayes, former UBS, Citigroup trader, takes stand. LONDON, July 7- Tom Hayes, the first person to face trial by jury over allegations he conspired to rig global Libor interest rates, told a London court on Tuesday he had not acted dishonestly and just wanted to do a good job. Taking the stand for the first time in the high-profile trial at Southwark Crown Court,...

  • *Europe shares dip as Greece summit awaited. LONDON, July 7- European stocks fell and the euro hit a five-week low against the dollar on Tuesday before a euro zone summit to discuss the Greek debt crisis, while a fall in Chinese shares reminded investors of other clouds on the horizon. Failure to reach a deal would make it more likely Greece will drop out of the euro.

  • Kyushu Electric Power Co. said the first four fuel bundles were loaded into the Sendai plant's No. 1 reactor as of late Tuesday. Regulators affirmed the safety of two Sendai reactors last September under the stricter safety rules set after a powerful 2011 earthquake and tsunami destroyed the Fukushima Dai-ichi nuclear plant in northeastern Japan.

  • The U.S. team hold the trophy after winning the final match of the 2015 FIFA Women's World Cup

    The United States’ 5-2 victory over Japan in the Women’s World Cup final on Sunday was seen by a record 25.4 million viewers on Fox.

  • *Tesco's Malaysia business worth 900 mln pounds- sources. KUALA LUMPUR, July 7- Japan's Aeon Co Ltd is interested in buying the Malaysian operations of Britain's Tesco PLC, valued at about 900 million pounds, people familiar with the matter told Reuters. The Japanese retailer has 28 hypermarkets in the country and plans to open 100 more stores in various formats by...

  • *Europe shares recover as Greece summit awaited. Failure to reach a deal would increase the likelihood of Greece leaving the single currency. "The rest of Europe is ring fenced from what's going on in Greece.

  • TOKYO— The American Toyota executive who was arrested in Japan last month on suspicion of drug law violations is expected to be released Wednesday without being prosecuted, according to Japan's Kyodo News service. Tokyo prosecutors declined to comment Tuesday. Julie Hamp, 55, who was the highest-ranking female executive at the Japanese automaker, was...

  • BEIJING— Chinese stocks fell Tuesday despite government intervention and other global markets were mixed as Greece's spiraling crisis kept investors on edge. Britain's FTSE 100 shed 0.2 percent to 6.521. 87. On Monday, the DAX lost 1.5 percent, the CAC-40 declined 2 percent and Britain's FTSE 100 was off 0.8 percent.

  • *Investors hope for eventual deal on Greece. TOKYO, July 7- Most Asian stocks drooped on Tuesday as Chinese equity markets went into a fresh tailspin, fraying investor nerves already strained by uncertainty hanging over the future of Greece and the European currency union. Japan's Nikkei rose 1.4 percent after a sharp fall on Monday while European shares were...

  • TOKYO, July 7- Japanese government bond prices were little changed on Tuesday, their safe-haven appeal dulled for the moment by rebounding Tokyo shares. The yield had dipped about 2 basis points the previous day as the risk of Greece exiting the euro zone grew after the country voted to reject austerity in a weekend referendum. Tokyo's Nikkei was up 1.3 percent on...

  • *Prolonged weakness in China market could become real risk to Japan- traders. TOKYO, July 7- Japan's Nikkei share average rebounded on Tuesday as investors bought stocks on the dips, but uncertainty over Greece and China's efforts to rescue its slumping stock market capped gains in Tokyo. He said investors would remain focused on Greece as Athens seeks a new debt...