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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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Hackers working for China's army appear to have resumed their attacks on U.S. companies. The NYT reports.
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Goldman Sachs is selling about $1.1 billion worth of Hong Kong-traded shares in Industrial and Commercial Bank of China, the world's biggest bank.
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*Gains came in the highest Shanghai volume in almost two months. HONG KONG, May 20- Hong Kong shares jumped to their highest since early February on Monday, led by Chinese cyclical counters, as investors chased a resurgent mainland China market on their return from a Friday holiday, which posted a fourth-straight day of gains.
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HONG KONG, May 20- Hong Kong shares jumped to their highest since early February on Monday, led by Chinese cyclical counters, as investors chased a resurgent mainland China market which stretched a winning streak into a fourth session. The Hang Seng Index closed up 1.8 percent at 23,493 points, its highest since Feb. 4.
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HONG KONG, May 20- China shares posted their fourth-straight gain on Monday, helped by financials and consumer discretionary counters after data showed new home prices rose in April at their fastest year-on-year pace in two years. The CSI300 of the leading Shanghai and Shenzhen A-share listings rose 0.5 percent.
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HONG KONG, May 20- Hong Kong shares jumped to their highest since early February on Monday, led by Chinese cyclical counters, as investors chased a resurgent mainland China market which looked set for its fourth-straight gain. Hong Kong markets were closed on Friday for a holiday.
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HONG KONG, May 20- Shares of China Mengniu Dairy Co Ltd surged 8.6 percent to a 17- month high on Monday after the Chinese dairy products maker said Danone Group would invest in the company and team up in developing yoghurt products in China.
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Jonathan Garner, MD & Chief Asia and Emerging Market Equity Strategist, Morgan Stanley explains his bullish stance on the Hong Kong benchmark index.
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*Asian shares firmer after Friday's Wall Street rally. SINGAPORE, May 20- The yen pulled up from a 4-1/ 2 year low against the dollar on Monday after Japan's economics minister said a further steady drop in the yen could have negative effects on households, pushing the dollar to a low of 102.00.
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HONG KONG, May 20- Hong Kong shares were set to start at their highest in more than a week on Monday, with index gains helped by a 4.4 percent climb for China Coal Energy as markets returned from a public holiday last Friday. The Hang Seng Index was expected to open up 1.2 percent at 23,348.7, its highest since May 9.
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HONG KONG, May 20- Hong Kong shares could start the week higher on Monday, with China property counters in focus after data over the weekend showed housing inflation accelerated to its fastest pace in April in two years.
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SYDNEY, May 20- The yen bounced off a 4-1/ 2 year low against the dollar early in Asia on Monday in the wake of reports suggesting the Japanese government might be happy with the level of the currency following its extended decline. The dollar last traded at 102.87, having slid about 1 percent from late New York levels to a low of 102.00.
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*Macau junkets act as pseudo banks for China capital outflows. ZHUHAI, China/ HONG KONG, May 20- In an underground mall just a stone's throw from China's teeming border with Macau, a row of 30 small shops with identical golden plaques does a brisk, though shadowy trade with mainland Chinese visitors, many of them bound for the gambling hub.
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Several book shops on Hong Kong's teeming shopping streets specialize in selling books and magazines banned by China, mostly for their damning accounts of party leaders, past and present. The New York Times reports.
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NEW YORK-- Consulting firm Accenture PLC said Friday it will buy Acquity Group Ltd. for $316 million in cash. Accenture said it will pay $13 per American depositary share for Acquity. Accenture's stock rose $1.63, or 2 percent, to $82.24 during the regular trading session and were unchanged after-market dealings.
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May 17- The 3.5 percent gross domestic product growth announced by Tokyo on Wednesday suggests that Japan may be the fastest-growing economy in the G7. All these events appear linked to the election of Shinzo Abe and the regime he has installed at the Bank of Japan.
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MUMBAI, May 17- Standard& Poor's reiterated its negative outlook on India's credit rating, which is one notch above "junk", warning of the need to follow through on reforms and dealing a blow to a government that had recently pitched for an upgrade.
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*Shanghai volume on Friday strongest since March 28. HONG KONG, May 17- China shares closed out their third-straight weekly gain strongly on Friday, as investors chased a rally in property stocks ahead of April home price data due on Saturday. The CSI300 of the leading Shanghai and Shenzhen A-share listings climbed 1.5 percent for a 2 percent gain this week.
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HONG KONG, May 17- China shares closed out their third-straight weekly gain strongly on Friday, as investors chased a rally in property stocks ahead of April home price data due on Saturday. The CSI300 of the leading Shanghai and Shenzhen A-share listings climbed 1.5 percent, while the Shanghai Composite Index closed up 1.4 percent at 2,282.9.
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*MSCI Asia Pacific ex- Japan edges lower. At 0604 GMT, futures for Euro STOXX 50, Germany's DAX and France's CAC were 0.1 to 0.4 percent lower. U.S. equities had sagged on Thursday after John Williams, president of the Federal Reserve Bank of San Francisco, said the Fed could begin easing back on the monetary gas pedal this summer and end bond buying late this year.