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  • *Beijing to host APEC summit Nov. 5 to 11. *Steel output in 100- km radius of Beijing to be halted. BEIJING, Oct 31- Chinese steel mills, among the biggest in the world, are altering their production schedules to offset disruption from forced plant closures aimed at curbing choking air pollution during a summit of world leaders in Beijing next month.

  • Pharma firm to establish operations in Virginia Thursday, 30 Oct 2014 | 12:20 PM ET

    RICHMOND, Va.— A Chinese pharmaceutical ingredients maker is planning to invest $22.5 million to establish operations in Virginia, creating 376 jobs. Terry McAuliffe said Thursday that UniTao Pharmaceuticals LLC has purchased the Boehringer Ingelheim plant that's slated to close by the end of the year. Virginia successfully competed against California...

  • BEIJING, Oct 30- A trademark spat between Chinese e-commerce giant Alibaba Group Holding Ltd and rival JD.com flared into public view after JD published an Alibaba letter urging publishers to be careful about advertising in promotions for China's annual "Singles' Day" spree, the world's largest online shopping day. In the letter, dated Oct. 16 and published on...

  • China shares end up on policy support, led by railways Thursday, 30 Oct 2014 | 3:08 AM ET

    SHANGHAI, Oct 30- China shares rose on Thursday, with the key index touching a 20- month high after the government said it would promote consumption in six sectors of the economy, including housing. The State Council, China's cabinet, said on Wednesday it would promote consumption in sectors including e-commerce, new energy, housing, tourism, education and sport.

  • SHANGHAI, Oct 30- China's Shanghai Composite Index, which domestic investors see as the most important indicator of stock market sentiment, hit its highest level in 20 months after regulators said they would move to support consumption. The SSEC rose 0.8 percent in morning trade to stand at 2,391.9 points by GMT 0600, marking its highest level since Feb. 2013,...

  • China shares little changed, HK eases on weak earnings Thursday, 30 Oct 2014 | 12:46 AM ET

    *Weak company earnings weigh on Hong Kong market. SHANGHAI, Oct 28- China shares were little changed by midday on Thursday as weakness in the property sector offset the positive impact after the government said it would support consumption, while Hong Kong shares eased on gloomy corporate earnings. In Hong Kong, the Hang Seng Index edged down 0.5 percent to...

  • *China to free up market for clearing bank card transactions. BEIJING, Oct 30- Visa Inc and Mastercard Inc welcome China's plans to open up its market for clearing domestic bank card transactions, as they stand to gain access to a growing market worth more than $1 trillion a year. While China lags behind countries such as the United States in spending on credit,...

  • UPDATE 1-Behind the scenes of Sanofi's boardroom bust up Wednesday, 29 Oct 2014 | 8:25 AM ET

    PARIS, Oct 29- A boardroom tussle brewing for months at Sanofi came to a head on Wednesday when France's top drugmaker fired its chief executive, wiping more billions off its share price. While the showdown played out in leaks to national newspapers has stunned investors as a "how not to do it" guide to corporate governance, the writing was on the wall in the...

  • BEIJING, Oct 29- China needs to loosen capital controls and develop offshore yuan markets to help encourage yuan holding and bolster its drive to internationlise the currency, a senior executive at Bank of China, said on Wednesday. About 15 percent China's trade was settled in yuan in the first nine months of 2014, up from less than 1 percent in 2009, when...

  • SHANGHAI, Oct 29- China shares showed solid gains, with transportation stocks leading the way, on hopes the government will unveil reform measures. Hopes for reform at state-owned enterprise were lifted as China's domestic media reported that China CNR and CSR Corp were planning to merge. China Eastern Airlines Corp Ltd and COSCO Shipping Co Ltd both climbed...

  • *China can lower 2015 economic growth target to 7 pct- World Bank. BEIJING, Oct 29- China can cut its economic growth target to 7 percent next year without hurting its labour market, the World Bank said on Wednesday even as it urged Beijing to get rid of rigid growth objectives. At its thrice-yearly review of the Chinese economy, the World Bank warned China against...

  • TOKYO/ SINGAPORE, Oct 29- China has boosted exports of steel qualifying for a generous tax exemption to some Asian countries, triggering accusations that mills in the world's biggest producer are taking advantage of the rebate to sell surplus steel cheaply. The steel in question contains boron, an element that can harden steel for uses ranging from...

  • *Hong Kong gambling shares up after Wynn Macau earnings. HONG KONG, Oct 29- China and Hong Kong shares rose more than 1 percent on Wednesday, heading for a second straight day of gains, on hopes of more favorable policies from the Chinese government, with tranportation stocks leading gains for mainland equities. In Hong Kong, the Hang Seng Index advanced 1.4 percent...

  • TOKYO/ SINGAPORE, Oct 29- China has boosted exports of steel qualifying for a generous tax exemption to some Asian countries, triggering accusations that mills in the world's biggest producer are taking advantage of the rebate to sell surplus steel cheaply. The steel in question contains boron, an element that can harden steel for uses ranging from...

  • HONG KONG, Oct 28- China has yet to explain why the Hong Kong- Shanghai stock trading link-up missed its expected launch on Monday, but the landmark scheme to give investors in Hong Kong and the mainland direct access to each others' market had failed to reconcile critical tax differences. The Stock Connect scheme, considered a milestone in the liberalisation of...

  • SHANGHAI, Oct 28- Chinese shares rebounded on Tuesday, breaking a multi-day string of declines, on hopes of more reforms at the country's state-owned enterprises. The Shanghai Composite Index ended up 2.1 percent at 2,337.9 points, marking its biggest daily rise since July 28, while the CSI300 of the leading Shanghai and Shenzhen A-share listings climbed 2.0...

  • SHANGHAI, Oct 28- China and Hong Kong shares rebounded on Tuesday, breaking a multi-day string of declines, on hopes of more reforms to state-owned enterprises, analysts said. In Hong Kong, the Hang Seng Index edged up 0.6 percent to 23,289.01 points. "An important investment justification behind the performance of the A-shares and the Hong Kong market is the news...

  • LONDON, Oct 27- Is the world aluminium market in a supply-demand deficit or surplus? Two respected bank analysts, Citi's David Wilson and Natixis' Nic Brown, offered diametrically different views. The thorniest problem of all, however, is assessing what is going on in China.

  • *Adds to patchy record on China's financial reforms. HONG KONG, Oct 27- The stalled link-up between the Hong Kong and Shanghai bourses hit financial stocks on both exchanges on Monday, left investors in the dark about the scheme's future and raised more questions about Beijing's patchy record on delivering reform. MSCI, which compiles global stock indexes, said a...

  • HONG KONG, Oct 27- Top Chinese asset manager Jack Wang said a long delay in launching a "through-train" stock connect scheme between Shanghai and Hong Kong could keep China's yuan-denominated A-shares out of the MSCI emerging markets index, but wouldn't derail China's long-term plan to liberalise its markets. But the scheme will not be launched in October as...