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  • China's property minnows take big hit as downturn bites Wednesday, 30 Jul 2014 | 5:00 PM ET

    HONG KONG, July 31- A number of small developers- the kind that by sheer weight of numbers dominate China's vast property sector- are set to report big drops in earnings or even losses as the industry grapples with tight credit, sluggish sales and excess supply.

  • July 30- Diamond rings on display at Nordstrom's flagship Seattle store are not for sale. It is the first time the company has turned to brick and mortar in its 15- year history, showcasing products in two Nordstrom stores.

  • METALS-Lead falls as investors book profits after rally Wednesday, 30 Jul 2014 | 12:11 PM ET

    *Manufacturing growth in China expands. LONDON, July 30- Lead prices fell on Wednesday as investors took profits after a rally this month, but a brighter global economic outlook is seen providing support to industrial metals. Part of that is driven by improving macro sentiment, "said commodity analyst Ivan Szpakowski of Citi in Shanghai.

  • UPDATE 1-Microsoft Xbox One to launch in China Sept 23 Wednesday, 30 Jul 2014 | 6:26 AM ET

    SHANGHAI, July 30- Microsoft Corp will launch its Xbox One gaming console in China on September 23, making it the first foreign company to start selling consoles in the world's third biggest gaming market after a ban on the devices was lifted this year.

  • Microsoft Xbox One to launch in China Sept 23 Wednesday, 30 Jul 2014 | 5:56 AM ET

    SHANGHAI, July 30- Microsoft Corp will launch its Xbox One gaming console in China on September 23, Yusuf Mehdi, head of marketing and strategy for Microsoft's Xbox group said at an event in Shanghai on Wednesday. The Xbox One will be the first foreign-made console to be launched in China in 14 years after the government this year lifted a 2000 ban on gaming consoles.

  • *Manufacturing growth in China expands. LONDON/ SYDNEY, July 30- Lead and zinc fell on Wednesday as investors took profits after a rally by both metals this month, but a brighter global economic outlook could see industrial metals resuming their rise. Part of that is driven by improving macro sentiment, "said commodity analyst Ivan Szpakowski of Citi in Shanghai.

  • China shares snap long-winning run, property falls Wednesday, 30 Jul 2014 | 3:06 AM ET

    HONG KONG, July 30- China's major indexes broke a long-winning streak on Wednesday, with early gains led by index heavyweight PetroChina Co Ltd offset by falls in property companies and banks. PetroChina was among top index boosts in Shanghai, climbing more than 6 percent at one point before trimming gains to end 3.1 percent higher.

  • China's local GDP data points to recovery, rebalancing Wednesday, 30 Jul 2014 | 2:26 AM ET

    BEIJING, July 30- China's regional economies enjoyed a revival in growth in the second quarter, data from provincial governments showed, chiming with earlier figures that suggest a burst of government stimulus measures is re-invigorating activity. Growth also diverged sharply between eastern and western China.

  • Hong Kong set for 7th day of gains, China shares slip Wednesday, 30 Jul 2014 | 1:16 AM ET

    *PetroChina up, banking and real estate slip. China's major indexes broke a long-running streak as early gains led by index heavyweight PetroChina Co Ltd were offset by plunging real estate and banking shares. PetroChina was among top index boosts in Shanghai, climbing more than 6 percent at one point.

  • Business Highlights Tuesday, 29 Jul 2014 | 6:03 PM ET

    SAN FRANCISCO— Dustin Moskovitz has learned a lot about communication since he teamed up with his college roommate Mark Zuckerberg to create Facebook a decade ago.

  • SHANGHAI/ HONG KONG, July 30- When inspectors visited Shanghai Husi Food Co Ltd earlier this summer, the production line at the plant now at the centre of an international food scandal appeared in good order, with fresh meat being handled by properly-attired workers and supervisors keeping a watchful eye over the process.

  • BEIJING, July 29- Military drills are a new headache for China Eastern Airlines Corp and other Chinese carriers, causing hundreds of flight delays and cancellations as they grapple with a sharp decline in earnings. The delays could affect flights until mid-August, Beijing's Public Security Bureau said last week.

  • *Wall St little changed as industrials, techs weigh; telecoms gain. NEW YORK, July 29- World share markets hovered just below all-time highs on Tuesday as investors drew encouragement from a rally in China, while Russian stocks enjoyed some respite after three days of heavy selling.

  • China investigating Microsoft in monopoly case Tuesday, 29 Jul 2014 | 7:57 AM ET

    BEIJING— China's anti-monopoly agency announced an investigation Tuesday of Microsoft Corp., stepping up regulatory pressure on foreign technology companies.

  • BEIJING, July 29- A Chinese regulator said on Tuesday it is conducting an anti-monopoly investigation into Microsoft Corp over its Windows operating system, in the latest in a growing number of competition probes that have unnerved Western firms in China.

  • *Russia markets steadier after three days of selling, nerves remain. *China& Hong Kong shares buoyed by economic& stimulus hopes. LONDON, July 29- World shares hovered just below all-time highs on Tuesday as investors drew encouragement from a rally in Chinese markets and beaten-down Russian stocks enjoyed some respite after three days of heavy selling.

  • China's State Administration for Industry& Commerce was investigating a Microsoft vice president and senior managers, and has made copies of the firm's financial statements and contracts, the SAIC said on its website.

  • BEIJING, July 29- Military drills have become a new headache for China Eastern Airlines Corp and other Chinese carriers, causing hundreds of flight delays and cancellations just as they are grappling with a sharp decline in earnings.

  • China to put Glaxo investigators on trial Aug. 8 Tuesday, 29 Jul 2014 | 4:24 AM ET

    BEIJING— A Shanghai court says American and British investigators who worked for drug maker GlaxoSmithKline will stand trial Aug. 8 on charges of illegally obtaining information on Chinese citizens. 1 Intermediate People's Court said Tuesday that Yingzeng Yu and her husband Peter Humphrey will have a "public trial."

  • China shares end at highest this year in choppy trade Tuesday, 29 Jul 2014 | 3:15 AM ET

    HONG KONG, July 29- China shares finished at their highest this year on Tuesday, with turnover strong as investor confidence improved after recent encouraging data and growth-friendly policies. The CSI300 of the leading Shanghai and Shenzhen A-share listings rose 0.3 percent, in its eighth daily gain in a row.