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  • DAVOS, Switzerland, Jan 23- Jack Ma, executive chairman of Chinese e-commerce giant Alibaba Group Holding, isn't worried about slowing Chinese economic growth, he told a meeting of business and political leaders in Davos, Switzerland. China should pay attention to the quality of the economy, "he said in a question-and-answer session at the World Economic Forum.

  • SHANGHAI, Jan 23- China's yuan posted its biggest single-day loss since Dec. 8 on Friday after the central bank set a weaker midpoint in response to the fresh round of quantitative easing announced by the European Central Bank announced a day earlier. The People's Bank of China set the midpoint rate at 6.1342 per dollar prior to market open, weaker than the...

  • Jan 23- Hong Kong shares extended a global rally on Friday to reach their highest level in more than four months after the European Central Bank launched a landmark bond-purchasing stimulus programme to support the euro zone economy. Among the most actively traded stocks on Hong Kong's main board were China National Culture Group Ltd, up 30.1 percent at HK...

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.1 percent, to 3,571.73, while the Shanghai Composite Index gained 0.3 percent, to 3,351.76 points. Among the most active stocks in Shanghai were Bank of China, unchanged at 4.84 yuan; ICBC, up 2.1 percent to 4.98 yuan and Agricultural Bank of China, up 0.3 percent to 3.74 yuan.

  • China, Hong Kong stocks extend gains on policy optimism Thursday, 22 Jan 2015 | 11:56 PM ET

    SHANGHAI, Jan 23- China and Hong Kong shares were firmer by midday on Friday, propped up by rising expectations the Chinese central bank will move to ease liquidity to support the flagging economy. The Shanghai index has been notching weekly gains since early November, and is currently up 0.4 percent for the week. "The market has been rising for the past few days and...

  • SHANGHAI, Jan 23- China's yuan weakened on Friday after the central bank fixed its midpoint 0.2 percent weaker, the biggest single-day weakening in 10 months, in response to the fresh round of quantitative easing announced by the European Central Bank overnight. The People's Bank of China set the midpoint rate at 6.1342 per dollar prior to market open, weaker...

  • HONG KONG, Jan 22- International law firm Dentons and China's Dacheng Law Offices have agreed on a merger that is expected to create the world's largest law firm and would be only the second time a global firm and a domestic Chinese firm have joined forces. A spokeswoman for Dentons said partnerships of both firms had approved the deal and that China's Ministry of...

  • LONDON, Jan 22- What is the sound of one hand clapping? The one hand clapping is that of the non- China world, where producer discipline has tamed supply sufficiently to drag the market into a state of deficit. The Shanghai aluminium price is accordingly bombed out to the point that at least half of the country's total operating capacity is running at a loss, according...

  • SHANGHAI, Jan 22- The People's Bank of China is desperate to stimulate a slowing economy, but flagging enthusiasm for Chinese assets is blunting its traditional monetary policy tools and forcing the central bank to adopt different tactics. Tinkering with short-term liquidity has proved ineffective, however, in offsetting the deeper capital outflows that...

  • Sanctions sap allure of Russia's Arctic shipping route Thursday, 22 Jan 2015 | 6:58 AM ET

    OSLO/ STOCKHOLM, Jan 22- Western sanctions on Russia are restricting the Arctic shipping route along its north coast to domestic cargoes and energy exports with many foreign firms staying away after test voyages on a fabled short-cut between Europe and Asia. Now it seems that reality is kicking in, "said Bjorn Gunnarsson, managing director of the Centre for High...

  • Jan 22- Hong Kong shares rose a third consecutive day on Thursday, lifted by wide expectations the European Central Bank is about to roll out a stimulus programme to boost the euro zone's flagging economy. Among the most actively traded stocks on Hong Kong's main board were Landing International Development Ltd, down 1.6 percent at HK $0.30, Gome Electrical...

  • China stocks edge up in spite of dented easing hopes Thursday, 22 Jan 2015 | 2:11 AM ET

    The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.5 percent, to 3,567.61, while the Shanghai Composite Index gained 0.6 percent, to 3,343.34 points. Among the most active stocks in Shanghai were Bank of China, down 1.0 percent to 4.84 yuan; China Shipbuilding Industry Co, up 7.7 percent to 9.19 yuan and Zijin Mining, up 4.0 percent to...

  • The Brookings Institution and JPMorgan Chase ranked 300 major cities worldwide for economic performance last year.

  • China stocks slip as hopes for monetary stimulus cool Wednesday, 21 Jan 2015 | 11:59 PM ET

    SHANGHAI, Jan 22- China's stocks slipped early Thursday after a comment by the country's central bank governor that monetary policy should remain "stable" disappointed investors wanting a policy move to help speed up growth. Speaking at the World Economic Forum in Davos, People's Bank of China chief Zhou Xiaochuan said there was no serious nationwide housing...

  • SHANGHAI, Jan 22- Lennon Yu may be Beijing's worst nightmare: the 24- year-old is willing to wait for car prices to fall before buying. This mindset, if it becomes widespread, could threaten to trap China's cooling economy in a deflationary rut. The Reuters analysis looked at just under 50 firms which make up the CSI300 Consumer Discretionary index, a mix of Shanghai-...

  • GUANGZHOU, Jan 21- As China's economic growth slows, fuelling industrial unrest, independent labour advocates say they have never faced so much intimidation- and they expect it to get worse this year. In coastal areas like Guangdong province in southern China, the slowdown and rising costs are forcing some factories to close or move inland, often without...

  • Hong Kong shares post biggest rise in 3 weeks Wednesday, 21 Jan 2015 | 3:09 AM ET

    Jan 21- Hong Kong shares rose on Wednesday, in line with most Asian markets, as mainland stocks had big gains and investors expect China to make stimulus moves to boost economic growth. Sam Chi Yung, strategist at Delta Asia Financial Group in Hong Kong, said previous mainland rallies were liquidity driven, and now investors are focusing more on fundamentals.

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 4.5 percent, to 3,548.88, while the Shanghai Composite Index climbed 4.7 percent, to 3,323.61 points. "Investor sentiment has recovered and Chinese share markets are still bullish," said Zhang Yanbin, an analyst at Zheshang Securities in Shanghai. Among the most active stocks in...

  • SHANGHAI, Jan 21- China stocks climbed on Wednesday morning, led up by finance and real estate shares as investors regained more footing and confidence after Monday's plunge. On Monday, both indexes tumbled 7.7 percent- their biggest losses since June 2008- on fears that steps by authorities to contain margin trading were meant to halt a recent rally.

  • SHANGHAI/ BEIJING, Jan 21- China's first stock options will launch next month with limited access to investors due to their risky nature, but their gradual rollout may benefit the real market. The China Securities Regulatory Commission will allow investors to trade only options that track the SSE50 index of the 50 biggest firms on the Shanghai bourse in the...