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  • SHANGHAI, Jan 28- Apple Inc is steering clear of Chinese rival Xiaomi Inc's low-price online strategy, ramping up store openings in China to harness its premium edge and fend off the fast-growing No.3 global smartphone maker. "In the long run Xiaomi is more of a threat to Apple than say Samsung," said Ben Thompson, analyst at Stratechery.com. Instead, Apple plans to...

  • SINGAPORE, Jan 28- Singapore Exchange Ltd's chief executive said on Wednesday he is looking to emulate the much-heralded Stock Connect link between Hong Kong and Shanghai by formally linking together Southeast Asian bourses. He wants a fledgling link between stock broking houses in Singapore, Malaysia and Thailand, known as the Association of Southeast...

  • Hong Kong key index rose on Fed hopes Wednesday, 28 Jan 2015 | 3:13 AM ET

    Jan 28- Hong Kong's key share index rebounded on Wednesday as investors speculated that the Federal Reserve may delay raising interest rates until the second half of the year. Among the most actively traded stocks on Hong Kong's main board were CCT Land Holdings Ltd, unchanged at HK $0.02, Mission Capital Holdings Ltd, up 40.0 percent at HK $0.14 and China...

  • BEIJING, Jan 28- China's Spring Airlines Co Ltd has seen its share price more than double within just six days of listing on the Shanghai stock exchange, making it Asia's most valuable budget carrier. That made the airline worth 15.29 billion yuan, pushing Malaysian low-cost carrier AirAsia Bhd into second place with a market capitalisation of $2.13 billion.

  • China stocks extend slide, Hong Kong edges up Tuesday, 27 Jan 2015 | 11:46 PM ET

    SHANGHAI, Jan 28- China stocks fell on Wednesday on concerns about tighter liquidity and a fresh slide in oil prices, but Hong Kong managed to eke out gains as telecommunications counters climbed. In Hong Kong, the Hang Seng index rose 0.3 percent to 24,889.02 points, buoyed by telecommunications, with industry heavyweight China Mobile rising 1.8 percent.

  • LONDON, Jan 27- Russia's rouble climbed on Tuesday, recovering some of its poise following a 6 percent drop the previous day after ratings agency Standard& Poor's cut the country's rating to junk, though Moscow stocks traded lower. Russia's stock market was closed when S&P announced on Monday it was cutting Russia's rating from BBB- to BB+, citing a weakened...

  • LONDON, Jan 27- The euro rose and shares slipped in Europe on Tuesday as mixed corporate earnings and concerns over Greece kept investors cautious ahead of a busy week which will include the first policy meeting of the U.S. Although core bond yields held near those lows, lower-rated yields edged higher after Europe signalled it would not yield to a new Greek...

  • Jan 27- Hong Kong shares snapped a five-day winning streak on Tuesday, dragged down by losses in mainland China markets. Among the most actively traded stocks on Hong Kong's main board were Wai Chun Group Holdings Ltd, up 30.0 percent at HK $0.07, Wai Chun Mining Industry Group Co Ltd, up 65.7 percent at HK $0.18 and Ping Shan Tea Group Ltd, up 4.0 percent at HK $0.08.

  • *Wall Street action curtailed by blizzard. The main European indices were expected to open higher, though foul weather in the United States will curb activity on Wall Street. Other moves were mostly modest and MSCI's broadest index of Asia-Pacific shares outside Japan was flat on the day.

  • *Hong Kong dragged down by mainland stocks. SHANGHAI, Jan 27- Stocks in mainland China and Hong Kong fell on Tuesday, dragged down by financial and property shares on renewed concerns about the impact of the cooling Chinese economy on profits. "Yesterday large caps rose, so now we're seeing profit-taking," said Tian Weidong, head of research at Kaiyuan Securities in...

  • China's yuan edges up on c.bank guidance, outlook weak Monday, 26 Jan 2015 | 11:08 PM ET

    SHANGHAI, Jan 27- China's yuan edged up from a near-eight-month low against the dollar on Tuesday after the central bank fixed a moderately stronger midpoint, signaling Beijing's intention not to let the currency depreciate too aggressively, traders said. The yuan weakened on Monday by nearly its daily limit, adding to speculation that easing steps by global...

  • *Wall Street action curtailed by blizzard. SYDNEY, Jan 27- Asian share markets were mostly firmer on Tuesday and the euro clung to rare gains, relieved that European equities had weathered Greece's election outcome without much disruption. Bad weather in the United States curbed activity on Wall Street in a busy week for earnings, while investors had reason for...

  • METALS-Copper recovers after hitting 5-1/2 year low Monday, 26 Jan 2015 | 1:13 PM ET

    LONDON, Jan 26- Copper recovered from a 5-1/ 2- year low on Monday, with investors shaking off worries over the Greek election result while speculation grew that China is again filling state metal reserves. The victory by Greece's leftist Syriza party spurred concern about euro zone instability, but the possibility of Greece leaving the bloc was seen as remote...

  • SHANGHAI, Jan 26- Iron ore prices hit their lowest in 5-1/ 2 years on Monday despite some loss-making Chinese steel mills curbing output, as ore supplies remained abundant and as concerns persisted about the outlook for economic growth in China this year. The benchmark 62 percent grade iron ore for immediate delivery to China fell 3.9 percent to $63.30 a tonne to...

  • *Shanghai copper hits downside limit, at lowest since July 2009. LONDON, Jan 26- Copper prices spiraled to a 5-1/ 2- year low on Monday amid uncertainty about stability in Europe after Greek elections and worries about Chinese economic growth. Three-month copper on the London Metal Exchange touched a session low of $5,339.50 a tonne, its weakest since July 2009.

  • Jan 26- Hong Kong shares inched up on Monday to notch a fifth consecutive day of gains, shrugging off renewed concerns over potential instability in the euro zone after an anti-austerity party won the Greek general election. Among the most actively traded stocks on Hong Kong's main board were China National Culture Group Ltd, up 11.2 percent at HK $0.15, CCT Land...

  • *Shanghai copper hits downside limit, at lowest since July 2009. SINGAPORE, Jan 26- London copper tumbled as much as 3 percent on Monday to its lowest level since 2009 as a stronger dollar fueled an aggressive sell-off that dragged down prices in Shanghai by 5 percent. A slide in the euro to 11- year lows against the dollar after Greece's Syriza party promised to roll...

  • China stocks edge up, Hong Kong can't gain traction Sunday, 25 Jan 2015 | 11:43 PM ET

    SHANGHAI, Jan 26- China stocks edged up on Monday but gains were capped by selling in financials, while fears of instability in Europe weighed on shares in Hong Kong. Hong Kong's Hang Seng index dropped 0.1 percent, to 24,819.61, and the Hong Kong China Enterprises Index lost 0.7 percent, to 12,179.24, falling for the first time in four days as investors booked...

  • SHANGHAI, Jan 26- China's yuan weakened to its lowest against the dollar in almost eight months on Monday, nearing its daily limit, adding to speculation that easing steps by global central banks are prompting the People's Bank of China to guide the currency weaker. "The dollar's global strength is really surprising seen in the domestic market," said a dealer at a...

  • Shanghai copper falls 4 pct to lowest since July 2009. SINGAPORE, Jan 26- London copper fell almost 2 percent to its weakest level in nearly two weeks on Monday, pressured by a stronger dollar as the euro stumbled after Greece's Syriza party, set to win a snap election, promised to roll back austerity measures. It touched a session low of $5,415, its weakest since Jan. 14...