Twitter CEO Dick Costolo will meet Shanghai government officials, academics and students in his first visit to China.» Read More
SHANGHAI, April 16- BTC China, one of the country's leading digital currency exchanges, has installed China's first bitcoin ATM and launched an online app allowing individuals to buy and sell bitcoins using mobile phones, skirting local banking regulations seen as increasingly hostile to so-called crypto-currencies.
BEIJING— Since Malaysia Airlines Flight 370 went missing, some lawyers have claimed they can get several millions of dollars in damages for each lost passenger by taking the cases to the United States.
BEIJING, April 16- China shares closed a touch higher on Wednesday after slightly better-than-expected first-quarter growth data eased worries about a dramatic slowdown in the Chinese economy. The CSI300 of the leading Shanghai and Shenzhen A-share listings rose 0.1 percent.
April 15- Strong sales volume growth in China helped The Coca-Cola Co beat quarterly revenue estimates as lower-priced, smaller soda bottles and juices attracted more price and health-conscious shoppers in the world's second largest economy.
*Softbank, Yahoo reap the benefits of Alibaba holdings. SYDNEY, April 16- Asian share markets made broad gains on Wednesday after China reported economic growth a touch above forecasts, a relief for investors who had feared a much weaker outcome. "This is likely to be the low point for this year," said Shane Oliver, head of investment strategy at AMP Capital in Sydney.
Shipbuilder Sainty Marine Corp Ltd on Tuesday became the latest listed firm to report that it had failed to receive principal and interest repayments on a 900 million yuan loan to a property developer. The same day, Qiaqia Food Co Ltd announced that it would launch a lawsuit against another food producer for failing to pay interest on a 40 million yuan loan.
HONG KONG, April 16- China's yuan held steady against the dollar and traded narrowly on Wednesday, shrugging off the impact of a midpoint at seven-month lows and sluggish economic growth in the first quarter.
BEIJING, April 16- Chinese and Hong Kong investors shrugged off China's first quarter growth that was the slowest in 18 months, leaving all major indices in positive territory on Wednesday.
*Nikkei leads the way encouraged by late rally on Wall St. SYDNEY, April 16- Asian share markets were mostly in the black on Wednesday after China reported economic growth a touch above forecasts, a relief for investors who had feared a much weaker outcome.
LONDON, April 15- Gold prices fell more than 2 percent on Tuesday as strength in the dollar following forecast-beating U.S. retail sales data pushed it through key chart levels while silver hit a 2-1/ 2 month low. Spot gold hit a low of $1,290.34 an ounce and was down 2.6 percent at $1,291.40 an ounce at 1246 GMT, on track for its biggest one-day drop since Oct. 1.
Europe's banks prepare for ECB tests with new provisions. LONDON- The tens of billions of euros euro zone banks set aside for loan losses in their latest annual accounts may have substantially reduced the chance of institutions failing ECB stress tests in the next few months.
LONDON, April 15- Gold fell nearly 2 percent on Tuesday as strength in the dollar following forecast-beating U.S. retail sales data prompted investors to cash in on gains after a rally to three-week highs in the previous session.
LONDON, April 15- Gold fell more than 1 percent on Tuesday as strength in the dollar following forecast-beating U.S. retail sales data prompted investors to cash in on gains after a rally to three-week highs in the previous session.
HONG KONG— Workers at a Chinese factory owned by Yue Yuen, the world's largest maker of athletic footwear for brands such as Nike and Adidas, are striking in a dispute over benefits. A worker said more than 10,000 employees at Yue Yuen Industrial's plant in the southern province of Guangdong joined the strike on Tuesday.
SINGAPORE, April 15- Gold fell over 1 percent on Tuesday, retreating from a three-week high as gains in the dollar and strong U.S. retail sales data offset safe-haven bids that were driven by heightened tensions in Ukraine.
BEIJING, April 15- China shares fell sharply on Tuesday as the banking sector took a beating after data showed the country's money supply grew at its slowest pace in more than a decade.
BEIJING, April 15- China shares fell on Tuesday as weak banking stocks weighed on sentiment after data showed the country's money supply grew at its slowest pace in more than a decade and loan growth slowed. Hong Kong stocks also fell, dragged lower by auto shares, which shed some of the gains seen over the past few days after positive earnings data.
SHANGHAI, April 15- China's yuan softened on Tuesday after the central bank fixed its official midpoint at a seven-month low, as traders said major Chinese industrial companies were stocking up on dollars for trade as well as mergers and acquisitions.
BEIJING, April 15- China's money supply grew at the weakest pace in more than a decade in March, another sign of softening economic momentum, with analysts saying a fall in the yuan looked to have slowed capital inflows and the build-up of foreign exchange reserves.
SINGAPORE, April 15- Gold retreated on Tuesday from a three-week high as gains in equities and strong U.S. retail sales data offset safe-haven bids that were driven by heightened tensions in Ukraine.