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  • *China shares hit seven-year high on ambitious Silk Road project. Also Monday, Israel's Teva Pharmaceutical Industries said it would buy U.S. biopharmaceutical firm Auspex Pharmaceuticals Inc for $3.5 billion, and Ireland's Horizon Pharma Plc agreed to buy U.S. drugmaker Hyperion Therapeutics Inc for about $1.1 billion. Earlier, China unveiled details of an...

  • *China signals stimuli for economy. Treasury debt prices were mostly little changed on Monday, with longer-dated maturities giving back some gains from last week, as equity markets rose on signs China was moving to bolster its massive economy. Stocks, which often move inversely from bonds in prices, surged to seven-year highs in China, helped by Beijing's...

  • *China shares hit seven-year high on new Silk Road project. NEW YORK, March 30- The dollar rose and global equity markets surged on Monday on merger and acquisition activity among drugmakers on both sides of the Atlantic, while Chinese stocks hit a seven-year high on an ambitious government plan to create a modern Silk Road. Earlier, China unveiled details of an...

  • European stocks rebound as tech shares turn higher Monday, 30 Mar 2015 | 10:03 AM ET

    *Yoox rises on Net-A-Porter talks. Shares in European technology stocks such as Infineon, STMicroelectronics and ASML were all up 2-3 percent on Monday. Signs of merger and acquisition activity also pushed up the shares of Yoox by 9.4 percent, after Yoox and Richemont's Net-a-Porter confirmed merger talks to create an industry leader in the fast-growing...

  • Encouraging U.S. economic data and a batch of corporate deals put investors in a buying mood Monday, sending stocks sharply higher. The broad rally nudged the Dow Jones industrial average back into positive territory for the year after a rough stretch for the market most of last week. "You had all the elements today for a positive market," said Quincy Krosby, market...

  • *Shanghai, Hong Kong stocks lead on stimulus hopes. LONDON, March 30- Shares rose on Monday with Asian stocks buoyed by hopes for stimulus to boost China's economy, but the euro slipped on renewed concern about Greece's finances. Earlier, Chinese stocks surged to seven-year highs, helped by Beijing's unveiling of an ambitious plan to build a modern Silk Road to...

  • European stocks bounce back as tech stocks rally Monday, 30 Mar 2015 | 6:23 AM ET

    Shares in European technology stocks such as Infineon, STMicroelectronics and ASML were all up between 2-3 percent on Monday. U.S. tech stocks had climbed on Friday after news of Intel's talks to buy fellow chipmaker Altera in a deal likely to top $10 billion. Intel shares jumped 6.4 percent while Altera shares surged 28.4 percent.

  • SHANGHAI, March 30- Chinese stocks surged to seven-year highs on Monday, while the Hong Kong market posted its biggest daily gain in two months, as investors bet more infrastructure spending and policy stimulus would re-energise China's cooling economy. China's main indexes, the CSI300 and the Shanghai Composite Index, both jumped nearly 3 percent to the...

  • MSCI's emerging equity index rose 0.8 percent, lifted by China stocks jumping almost 3 percent on hopes that more infrastructure spending and policy stimulus will re-energise a cooling economy and boost profits. "China' stocks surged to yet another year-to-date high on the back of market expectations that the PBoC might provide even more monetary policy...

  • *Shanghai, Hong Kong stocks lead on stimulus hopes. Chinese stocks surged to seven-year highs, helped by Beijing's unveiling of an ambitious plan to build a modern Silk Road to Europe and Africa and signs from People's Bank of China Governor Zhou Xiaochuan that added to expectations of more monetary policy easing. "China's economy is under relatively big...

  • Rallying techs help European stocks bounce back Monday, 30 Mar 2015 | 4:15 AM ET

    *Lafarge drops as two Holcim shareholders reject revised deal. U.S. tech stocks climbed on Friday after news that Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion. Intel shares jumped 6.4 percent while Altera shares surged 28.4 percent.

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 2.9 percent, to 4,088.18 points, while the Shanghai Composite Index gained 2.6 percent, to 3,786.57 points. Infrastructure-related shares climbed 5.6 percent after Beijing unveiled details of an ambitious plan to improve links from Asia to Europe and Africa.

  • Global stocks get European economy and Yellen boost Monday, 30 Mar 2015 | 3:03 AM ET

    KEEPING SCORE: In Europe, Germany's DAX was up 1.3 percent at 12,024 while the CAC-40 in France rose 1 percent to 5,084. The FTSE 100 index of leading British shares was 0.3 percent higher at 6,877. Wall Street was poised for a solid start with Dow futures and the broader S&P 500 futures 0.5 percent higher. A survey from the European Commission showed economic...

  • *Infrastructure stocks surge on China's Modern Silk Road plan. SHANGHAI, March 30- China stocks jumped nearly 2 percent to near seven-year-highs and Hong Kong shares also rose sharply on Monday after Beijing unveiled details of an ambitious plan to construct a modern Silk Road to improve links from Asia to Europe and Africa. The Hong Kong China Enterprises...

  • *Infrastructure stocks surge on China's Modern Silk Road plan. SHANGHAI, March 30- China stocks jumped nearly 2 percent to near seven-year-highs and Hong Kong shares also rose sharply on Monday after Beijing unveiled details of an ambitious plan to construct a modern Silk Road to improve links from Asia to Europe and Africa. The Hong Kong China Enterprises...

  • HONG KONG— Asian markets were mostly higher Monday as investors digested Fed chief Janet Yellen's comments signaling U.S. interest rates were expected to rise sometime this year but when they did they would do so gradually. KEEPING SCORE: Japan's benchmark Nikkei 225 index was up 0.5 percent to 19,378.52 while South Korea's Kospi gained 0.3 percent to...

  • NEW YORK, March 27- Wall Street on Friday closed higher for the first time in a week, lifted by rising tech stocks, while oil prices slumped 5 percent on receding fears about Middle East fighting disrupting supplies. The major U.S. stock indexes snapped a four-day losing streak after the Wall Street Journal reported chipmaker Intel Corp is in talks to buy rival...

  • *Crude dips as market reassesses Yemen conflict impact. Trading in many markets was choppy, with oil dropping back after Thursday's spike on Saudi-led air attacks in Yemen and investors awaiting a speech on monetary policy later on Friday by Federal Reserve Chair Janet Yellen. "Yellen will be the big news of the day, certainly, so I don't expect a lot of movement...

  • *Novo Nordisk up 13 pct after deciding to submit drug data. LONDON, March 27- A top index of pan-European shares was set for its biggest weekly drop of the year on Friday, although it snapped a sharp two-day losing streak following a surge in Danish pharmaceuticals firm Novo Nordisk. At 1446 GMT, the FTSEurofirst 300 index of top European shares was up 0.4 percent at...

  • NEW YORK— A tough week on the stock market ended quietly Friday. Major indexes notched modest gains, not nearly enough to make up for the four previous days of losses. It wound up being the second-worst week for the market so far this year.