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  • Why China Trade Figures Aren't a Big Deal  Wednesday, 9 Jan 2013 | 8:05 PM ET

    Norman Chan, Head of Investment, Calibre Asset Management, explains why Chinese trade figures are becoming less important.

  • Hong Kong shares seen steady ahead of China trade data Wednesday, 9 Jan 2013 | 8:03 PM ET

    HONG KONG, Jan 10- Hong Kong shares could start weaker on Thursday after Chinese loan growth and money supply December data came in weaker than expected, and with monthly trade data expected later in the day. Elsewhere in Asia, Japan's Nikkei was up 0.6 percent, while South Korea's KOSPI was down 0.2 percent at 0042 GMT.

  • UPDATE 2-MGM Macau casino gets government OK Wednesday, 9 Jan 2013 | 4:13 PM ET

    HONG KONG/ LOS ANGELES, Jan 9- A $2.5 billion Macau casino planned by MGM China Holdings Ltd, the Chinese arm of MGM Resorts International, received government approval on Wednesday, sending MGM China shares up sharply and boosting other casino companies with operations in the enclave.

  • European telecom firms play down single network idea Wednesday, 9 Jan 2013 | 9:57 AM ET

    BRUSSELS, Jan 9- European telecoms operators want more consolidation in a crowded market, industry sources said on Wednesday, but have not discussed creating a single network for the continent with competition authorities in Brussels.

  • HONG KONG, Jan 9- China's insurance regulator is expected to reject HSBC's sale of its $9.4 billion stake in Ping An Insurance to Thai conglomerate CP Group, media reports said on Wednesday. The failure of the deal would be a blow to HSBC and an embarrassment to the various parties involved in a corporate deal that was set to be Asia's second-largest last year.

  • FOREX-BOJ easing bets help dollar regain ground vs yen Wednesday, 9 Jan 2013 | 4:37 AM ET

    LONDON, Jan 9- The dollar climbed against the yen on Wednesday, moving back towards a 2-1/ 2 year high hit last week, as renewed expectations of easier Bank of Japan monetary policy led some investors to sell the Japanese currency. That low marked a loss of about 1.9 percent from last Friday's peak of 88.48 yen, its highest since July 2010.

  • HONG KONG, Jan 9- Hong Kong shares bounced from their lowest in a week on Wednesday, resuming a start-of-the-year rally that had benchmark indexes headed towards multi-month highs, with Chinese banks stronger following a brokerage upgrade. Hong Kong turnover was the lowest so far this year.

  • HONG KONG, Jan 9- Hong Kong shares rebounded from its lowest in a week on Wednesday, resuming a start-of-the year rally that has the main indexes headed towards multi-month highs, with Chinese banks stronger following a brokerage's upgrade for the sector.

  • China shares close flat, reported IPO overhaul cheered Wednesday, 9 Jan 2013 | 2:11 AM ET

    HONG KONG, Jan 9- China shares closed flat on Wednesday, paring losses after Reuters reported that the mainland IPO market could be frozen until the end of March, a move that would reduce competition in the A-share market. The CSI300 of top Shanghai and Shenzhen listings ended flat at 2,526.1.

  • *Ping An bucks China insurers recovery in HK. HONG KONG, Jan 9- Hong Kong shares bounced from their lowest in a week on Wednesday, as Chinese banks helped kickstart the resumption of a start-of-the-year rally on a brokerage upgrade, sending benchmark indexes back towards multi-month highs.

  • HONG KONG, Jan 9- A $2.5 billion Macau casino planned by MGM China, the Chinese arm of U.S. gambling giant MGM Resorts International, received government approval on Wednesday, sending shares of MGM China to an 18- month high.

  • Macau gives MGM China's new casino official stamp Tuesday, 8 Jan 2013 | 10:26 PM ET

    HONG KONG, Jan 9- A new $2.5 billion Macau casino planned by MGM China, the Chinese arm of U.S. gambling giant MGM Resorts, received a boost on Wednesday after the government formally approved the project in its official gazette.

  • Joseph Cheng, Professor, City University of Hong Kong, says the new Chinese leaders are concerned about their image regarding censorship. He also explains why the leaders need time to consolidate their power base.

  • HONG KONG, Jan 9- Hong Kong shares could start lower on Wednesday, after Wall Street retreated from last week's rally and companies started to report results for the fourth quarter.

  • Is HSBC's Exit From Ping An in Jeopardy? Tuesday, 8 Jan 2013 | 6:20 PM ET
    Peter Ma

    HSBC's sale of its $9.4 billion stake in Ping An Insurance to Thailand's CP Group has been thrown into jeopardy after state-run China Development Bank (CDB) voiced concerns over funding for the deal, sources told Reuters.

  • TORONTO, Jan 8- Bank of Nova Scotia signaled on Tuesday it is growing increasingly frustrated with the slow progress of its efforts to close its acquisition of a 20 percent stake in China's Bank of Guangzhou, and it opened the door to the possibility the deal might not go through.

  • BEIJING/ HONG KONG, Jan 8- HSBC's sale of its $9.4 billion stake in Ping An Insurance to Thailand's CP Group has been thrown into jeopardy after state-run China Development Bank voiced concerns over funding for the deal, sources told Reuters.

  • HONG KONG, Jan 8- Hong Kong and China shares retreated on Tuesday, as investors took profit on mainland property and insurance counters, whose outperformance in recent weeks have helped benchmark indexes on both markets swell to multi-month highs.

  • HONG KONG, Jan 8- Hong Kong shares closed at their lowest in a week on Tuesday, as investors took profit on mainland property counters after an official media report raised fears of more stringent enforcement of sector curbs, stalling its strong gains in recent months. The China Enterprises Index of the top Chinese listings in Hong Kong fell 2.2 percent.

  • HONG KONG, Jan 8- China will cut prices of about 400 drugs for respiratory diseases, fever and pain by up to 20 percent from February, in a move to make medicines, including some products from Pfizer, GlaxoSmithKline and Novartis, more affordable.