Amazon to open an office in China's Shanghai free trade zone, state media says, allowing the firm to sell a wider range of products in the country.» Read More
HONG KONG, Aug 22- China shares edged higher at midday Friday, helped by blue-chips, and might produce a sixth straight weekly gain, which would be the longest such streak since March 2012. Hong Kong shares also rose, tracking gains in most other Asian markets after upbeat U.S. economic data sparked another record close on Wall Street.
LONDON, Aug 21- Copper steadied on Thursday after U.S. data signaled a strengthening economy, but sluggish growth elsewhere in the world kept the metal under pressure.
HONG KONG/ SHANGHAI, Aug 21- China's Bank of Communications Co Ltd said on Thursday it expects bad loans to rise this year as businesses in major manufacturing regions suffer in a slowing economy, the second big lender to make such a forecast this week.
LONDON, Aug 21- Copper, aluminum and other base metals fell on Thursday after downbeat data on business activity in China and Europe, but investors were cautious about selling just a day after some were forced to bail out of short positions.
Qualcomm is one of at least thirty foreign firms to come under scrutiny as China seeks to enforce a 2008 anti-monopoly law- efforts some critics say have unfairly targeted overseas businesses, raising protectionism concerns.
LONDON, Aug 21- Some reassuring data from Germany eased pressure on the struggling euro on Thursday after speculation of an earlier rate rise from the Federal Reserve had pushed the dollar to an 11- month high.
HONG KONG, Aug 21- China shares posted their worst daily loss in a week on Thursday after a preliminary private survey showed growth in China's vast factory sector slowed to a three-month low in August, reinforcing concerns about increasing softness in the economy.
SYDNEY, Aug 21- Asian shares came under pressure on Thursday as a disappointing survey on Chinese manufacturing overshadowed better news from Japan, while the U.S. dollar was buoyed by speculation of an earlier rate rise from the Federal Reserve.
*Coal producers down as Beijing orders curbs on oversupply. HONG KONG, Aug 21- Hong Kong and China shares weakened on Thursday after a preliminary private survey showed growth in China's vast factory sector slowed to a three-month low in August, reinforcing concerns about increasing softness in the economy.
SYDNEY, Aug 21- London copper stayed around $7,000 a tonne mark on Thursday after a gauge on China's factory health showed growth slowed in August, denting optimism over demand fuelled by brightening prospects in the United States.
SYDNEY, Aug 21- Asian shares came under pressure on Thursday as a disappointing survey on Chinese manufacturing stoked concerns about the regional giant and overshadowed better news from Japan. Investors reacted by selling the Australian dollar, often a used as a liquid proxy for bets on China, while shares in Shanghai dropped 0.5 percent.
BEIJING, Aug 20- Amazon.com will set up shop in China's Shanghai free trade zone, the company said on Wednesday, aiming to take advantage of less stringent trade regulations to sell a wider range of products in the country.
BEIJING, Aug 20- Amazon.com will set up shop in China's Shanghai free trade zone, state media said on Wednesday, aiming to take advantage of less stringent trade regulations to sell a wider range of products in the country.
Aug 20- China- based solar products maker JA Solar Holdings Co Ltd reported a lower-than-expected quarterly profit as operating expenses jumped from last year, sending its shares down 5 percent in premarket trading. JA Solar reported a fall in gross margins as prices for solar modules fell in China.
But surging growth in China means it's a market operators can no longer ignore. Carnival Corp., the No. 1 cruise company, will become the first global cruise operator to have four ships based in China when it deploys its Costa Serena to Shanghai in April.
SHANGHAI, Aug 20- China's stock indexes ended lower on Wednesday, on concerns that upcoming new listings will dilute market liquidity even as investors look to take profits from a rise in some large-cap shares.
SHANGHAI, Aug 20- China's stock indexes fell slightly by midday on Wednesday, on worries that upcoming initial public offerings will tax market liquidity even as investors look to take profits from a rise in large-cap shares.
LONDON/ MELBOURNE- The world's biggest mining company, BHP Billiton, announces plans to spin off businesses worth an estimated $16 billion, most of them acquired in a 2001 merger, to focus on its most profitable activities.
*Heinz says to tighten supplier controls after China food scare. Heinz Co said on Tuesday it will tighten controls over ingredients suppliers in China after it was forced to recall some infant food products from Chinese store shelves due to excess levels of lead.
SHANGHAI, Aug 19- Shanghai's share market ended at new eight-month highs on Tuesday, underpinned by strength in media companies on plans to modernize the industry. The Shanghai Composite Index finished up 0.3 percent at 2,245.33 points, while the CSI300 of leading Shanghai and Shenzhen A-share listings was flat at 2,374.77 points.