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Hackers working for China's army appear to have resumed their attacks on U.S. companies. The NYT reports.
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TOKYO, May 23- The yen gained across the board on Thursday, bouncing sharply off a 4-1/ 2- year low against the dollar and notching up a two-week high against the euro after a whiplash move in stocks prompted investors to scramble for safety in Japanese bonds.
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Federal Reserve Chairman Ben Bernanke and weakness in China's factory activity rattled Asian markets on Thursday, sending stock prices down, the U.S. dollar to three-year highs, and Japanese government bond yields to their highest in a year.
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*HSBC flash PMI dips to 7- month low on weak demand. BEIJING, May 23- China's factory activity shrank for the first time in seven months in May as new orders fell, a preliminary manufacturing survey showed, entrenching fears that its economic recovery has stalled and that a sharper cooldown may be imminent.
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*HK losses accelerate after China flash PMI at 7- mth low. HONG KONG, May 23- Hong Kong shares are headed for their worst daily loss in seven weeks on Thursday, sinking deeper into the red after a preliminary private survey suggested manufacturing activity in China contracted in May for the first time since October.
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HONG KONG, May 23- Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades.
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HONG KONG, May 23- Hong Kong shares were poised for a weaker start on Thursday, with Chinese financials weak ahead of the HSBC China flash purchasing managers' index for May that could offer fresh clues on the world's second-largest economy. The Hang Seng Index was set to open down 0.8 percent at 23,066.7.
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HONG KONG, May 23- Hong Kong shares could start weaker on Thursday, tracking Wall Street losses and ahead of the HSBC China flash purchasing managers' index for May that could offer fresh clues on the world's second-largest economy. Elsewhere in Asia, Japan's Nikkei was up 1.6 percent, while South Korea's KOSPI was down 0.7 percent at 0050 GMT.
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HONG KONG, May 23- Lenovo Group Ltd's bold acquisitions in its flagship PC business, a foray into mobile gadgets, and a relatively light debt load are setting it apart from PC rivals as industry shipments take their steepest fall in decades.
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SHANGHAI, May 23- The rolling green hills and gurgling blonde toddlers in the ads for Yashili International Holdings Ltd underscore how keen China's biggest milk powder producers are to appear global to emerge from the shadow of a fatal baby formula scandal.
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WUXI, China/ HONG KONG, May 22- Local creditors of Wuxi Suntech, the bankrupt unit of Chinese solar panel maker Suntech Power Holdings Co Ltd, on Wednesday claimed the subsidiary owed them a combined $2.5 billion, at the start of a debt restructuring process expected to last months.
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*China power producers slump again, hit by Citi downgrade. HONG KONG, May 22- Hong Kong shares fell further from 3-1/ 2- month highs on Wednesday and mainland China markets were mixed as Chinese power producers extended losses after a broker downgrade added to fears of lower profit margins.
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HONG KONG, May 22- Hong Kong shares fell further from a 3-1/ 2- month high on Wednesday, with Chinese power producers extending losses, hit by a Citi downgrade on fears that a possible tariff cut could hurt profit margins.
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SHANGHAI/ HONG KONG, May 22- Chinese commodities firms importing everything from gold and rubber to base metals are struggling to get trade loans as banks scrutinise their activities and hold back credit following Beijing's orders to rein in currency speculation.
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HONG KONG, May 22- China shares ended mixed on Wednesday, with power producers extending losses on lingering concerns that potential coal import curbs could hurt margins. The CSI300 of the leading Shanghai and Shenzhen A-share listings edged up 0.1 percent.
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HONG KONG, May 22- Hong Kong shares started Wednesday afternoon trading lower after a severe rainstorm forced the cancellation of the morning session, with Chinese power producers again weak. The Hang Seng Index opened down 0.1 percent at 23,341.1. The China Enterprises Index of the top Chinese listings in Hong Kong also started 0.1 percent lower.
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HONG KONG, May 22- China shares were headed for a sixth-straight daily gain on Wednesday, with most automakers strong after the official China Securities Journal cited an industrial association as saying that May car sales could stay strong.
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DETROIT, May 21- A boutique carmaker led by former General Motors Co executive Bob Lutz and China's largest auto parts supplier made an offer this month to buy cash-strapped "green" car company Fisker Automotive, people familiar with the matter said. VL Automotive and China's Wanxiang Group are looking to gain control of Fisker through a prepackaged bankruptcy.
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DETROIT, May 21- A boutique carmaker led by former General Motors Co executive Bob Lutz and China's largest auto parts supplier made an offer to buy cash-strapped "green" car company Fisker Automotive this month, people familiar with the matter said.
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DETROIT, May 21- A boutique carmaker led by a former General Motors Co executive Bob Lutz and China's largest auto parts supplier submitted an offer to buy cash-strapped "green" car company Fisker Automotive, people familiar with the matter said.
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HONG KONG-- Fans know her as the sweet schoolgirl in the 2011 blockbuster "You Are the Apple of My Eye." After she graduated from the University of Southern California and returned home to Taiwan, her initial attempts to break into the island's music scene hit a brick wall.