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  • LOS ANGELES— If you haven't seen one of Peter Max's paintings or drawings today, chances are you haven't opened your eyes yet. When he's not doing that, this exuberant, seemingly tireless 77- year-old child of the' 60 s keeps busy in his New York studio, cranking out more wildly colorful paintings in a style merging the realism of Norman Rockwell with the pop-art...

  • BEIJING, March 6- China will reduce coal consumption and boost energy efficiency as part of efforts to lessen air pollution, according to an action plan released by the government on Friday. The coal-dominated energy mix in China has been identified as a major cause of the hazardous smog that frequently shrouds cities such as Beijing and Shanghai as well as a...

  • SHANGHAI, March 6- China stocks fell on Friday as investors digested comments by top officials that highlighted growth and debt challenges the country faces this year. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.5 percent on Friday, to 3,478.52, while the Shanghai Composite Index lost 0.2 percent, to 3,241.19 points.

  • SHANGHAI, March 6- China stocks were mixed on Friday morning, as investors appeared uninspired by the economic outlook presented at the country's annual parliamentary meeting, where the premier called slower growth the "new normal". "The central bank needs more monetary easing measures to spur growth," said Liu Haiying, chief economist at Shanghai- based hedge...

  • SYDNEY, Jan 7- The dollar held pole position in Asia on Friday as bulls wagered a looming U.S. jobs report would add to the chance of rate hikes there, even as the European Central Bank embarks on a trillion euro campaign of bond-buying. The same balance of risks kept most equity investors cautious with MSCI's broadest index of Asia-Pacific shares outside Japan up a...

  • Mandarin Oriental says hotels in US, Europe hacked Thursday, 5 Mar 2015 | 3:46 PM ET

    NEW YORK— High-end hotel chain Mandarin Oriental said Thursday that the credit card systems at some of its hotels in the U.S. and Europe were hacked. Mandarin Oriental operates about 30 hotels in cities across the world including Paris, London, Geneva, New York, Miami, San Francisco, Las Vegas as well as Shanghai, Hong Kong and Macau. Mandarin Oriental is a unit of...

  • LONDON, March 5- Emerging market stocks fell to a three-week low on Thursday as a buoyant dollar and China calling its lowest growth for 25 years a' new normal' soured the mood among investors. The MSCI emerging equities index was 0.2 percent lower at a level last seen in mid February, while the Asia excluding Japan benchmark, fell 0.4 percent. Shares in Turkey's...

  • Issuers who aren't from China or Hong Kong account for about 70 percent of offshore yuan bonds and certificate of deposits in the primary market so far this year, Thomson Reuters data shows. Other foreign entities tapping the fledgling dim sum market in the past two months are Australia's Westpac Banking Corp, France's Air Liquide Finance, Germany's KfW...

  • China stocks end lower on economic worries Thursday, 5 Mar 2015 | 2:11 AM ET

    The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 1.0 percent, to 3,496.34 points, while the Shanghai Composite Index lost 0.9 percent, to 3,248.48. Among the most active stocks in Shanghai were Bank of China, down 2.8 percent to 3.80 yuan; Agricultural Bank of China, down 2.5 percent to 3.14; yuan and China State Construction, down 1.8...

  • SHANGHAI, March 5- China stocks sagged in thin trading on Thursday, with investors dumping blue chip shares such as banks and real estate firms on worries about the slowing economy. Premier Li Keqiang told the National People's Congress at the opening of the annual parliamentary meeting that China would target growth this year of around 7 percent, signalling...

  • BEIJING, March 5- China will back e-commerce development and guide international expansion by Chinese internet companies, Premier Li Keqiang said on Thursday, in an endorsement for firms such as Alibaba Group Holding Ltd and JD.com Inc.. Addressing the opening of China's annual parliamentary meeting in Beijing, Li broadly laid out China's "Internet Plus"...

  • NEW YORK— Upscale hotel chain Mandarin Oriental says it is investigating a potential credit card breach at its hotels. Mandarin Oriental said it is coordinating with credit card agencies and forensic specialists. Mandarin Oriental operates hotels across the world including Paris, Shanghai, Hong Kong, London, New York, Miami, San Francisco, Prague, Boston, Las...

  • According to two sources with direct knowledge of the matter and another who had been briefed by police, the police last month froze one account at Industrial and Commercial Bank of China and another at Bank of China, both held in Shanghai by Trafigura Private Limited, a Singapore unit. Trafigura will be anxious to avoid any disruption to its business in Shanghai,...

  • China's proposals, which would require tech firms to provide encryption keys and install backdoors granting law enforcement access for counterterrorism investigations, drew criticism from Obama, who told Reuters in an interview this week China would have to change the draft law if it were "to do business with the United States". Fu Ying, China's parliamentary...

  • SHANGHAI, March 4- China stocks rebounded on Wednesday in volatile trade, with Shenzhen- listed shares rising sharply amid hopes that regulators would soon open a channel for fresh foreign money to enter the city's bourse. Hong Kong chief executive C.Y. Leung told reporters on Tuesday that preparatory work for a Hong Kong- Shenzhen stock connect was going "...

  • SHANGHAI— China played down U.S. concerns that proposed anti-terror legislation would give the Chinese government sweeping power to police electronic communications and marginalize foreign companies fighting for a share of China's $465 billion technology market, saying Wednesday that the law is purely designed to address domestic security issues.

  • BEIJING— China's official military budget will grow by about 10 percent in the coming year, a legislative spokeswoman said Wednesday, amid unease among Beijing's neighbors about its growing might and territorial ambitions. The spending reflects China's growing power and desire to assert itself in the region and globally. Fu told a news conference that...

  • SHANGHAI, March 4- China stocks ended lower on Wednesday morning, as early gains following a private survey showing growth in the service sector were erased by continuing worries about the economy. Investors are seeking fresh policy cues from this week's meeting of China's legislature, the National People's Congress. Stocks in the pharmaceutical, media and...

  • SHANGHAI, March 4- U.S. companies in China have a less rosy outlook for business conditions over the next five years due to a slowing economy, an "opaque" regulatory environment and rising domestic competition, a U.S. business lobby survey showed on Wednesday. The annual report by the American Chamber of Commerce in Shanghai- the self-dubbed voice of American...

  • SHANGHAI— China played down U.S. concerns that proposed anti-terror legislation would give the Chinese government sweeping power to police electronic communications and marginalize foreign companies fighting for a share of China's $465 billion technology market, saying Tuesday that the law is purely designed to address domestic security issues.