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  • SHANGHAI, May 27- China stocks ended mixed on Wednesday, giving a lukewarm welcome to FTSE Russell's reception of mainland-listed equities into its indexes ahead of a fresh flood of new share offerings. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.3 percent, to 5,181.43, while the Shanghai Composite Index gained 0.6 percent,...

  • SINGAPORE— Singapore Airlines said Wednesday that it is investigating how one of its jets suffered a loss of power in both of its engines over the weekend and descended 13,000 feet before regaining altitude en route from Singapore to Shanghai. Singapore Airlines said no "anomalies" were detected in either of the engines after the plane arrived in Shanghai, and...

  • Expectations that yuan-denominated shares listed on the Shanghai and Shenzhen exchanges could make the cut have grown as reforms such as the Hong Kong-Shanghai Stock Connect scheme have helped open up China's stock market. "FTSE have offered a half-measure and that's not completely surprising, given the intransigence with which a number of major index...

  • SHANGHAI, May 27- China stocks ended Wednesday morning mixed as the market, facing a fresh flood of new share offerings, gave a lukewarm welcome to FTSE Russell's reception of mainland-listed equities into its indexes. Launch of the indexes, which will have an initial weighting of 5 percent for China A shares- has limited impact on China's stock market, said Shen...

  • SHANGHAI, May 27- China's yuan dropped on Wednesday, reflecting the dollar's strength in global markets after robust U.S. data raised prospects for a U.S. interest rate rise later this year. While there has been growing demand for dollars, a trader at a European bank in Shanghai expected the yuan to keep to its recent narrow trading range of 6.18 to 6.20, where it has...

  • *Pilots, avoiding storm clouds, flew towards Mount Cameroun. PARIS, May 26- French investigators have opened a probe after an Air France jet with some three dozen people on board narrowly avoided hitting the highest mountain in central Africa in early May, according to information published by France's BEA air accident agency. The Boeing 777 jet was making a short...

  • NEW YORK— Priceline has bumped up its stake in the Chinese travel service provider Ctrip.com to 10.5 percent. Priceline also has the option to increase it stake to 15 percent. Priceline, based in Norwalk, Connecticut, owns Booking.com, Priceline.com, Kayak.com and RentalCars.com.

  • SHANGHAI, May 26- Despite being blocked in China, Twitter is courting Chinese companies to buy advertising space on its service used by more than 300 million people elsewhere in the world. The San Francisco- based company already works with Chinese smartphone maker Xiaomi, online shopping giant Alibaba Group, white goods producer Qingdao Haier and flag carrier...

  • Expectations that yuan-denominated shares listed on the Shanghai and Shenzhen exchanges could make the cut have grown as reforms such as the Hong Kong-Shanghai Stock Connect scheme have helped open up China's stock market. "FTSE have offered a half-measure and that's not completely suprising given the intransigence with which a number of major index...

  • GUIYANG, China/ SHANGHAI, May 26- Uber Technologies Inc is leading a charm offensive in China even as the controversial U.S. ride-hailing app valued at $40 billion battles with raids on its offices and a crackdown on its drivers deemed to be operating illegally. Speaking at a technology conference in southern China, CEO Travis Kalanick called on local...

  • *China could be included in key benchmark in two years. Inclusion in benchmark indexes could pour billions of dollars into China stocks over time. The two new emerging markets indexes would merge with the standard FTSE emerging markets index when China shares meet the provider's criteria, he said.

  • SHANGHAI, May 26- Chinese five- and ten-year treasury futures for September delivery were down nearly one percent today, in their sharpest one day move since hitting the market, as rising municipal bond supply threatens to complicate the central bank's easing bias. The rebound in yields is likely partly technical, after the central bank cut its policy rate by 25...

  • SHANGHAI, May 26- China stocks rose again on Tuesday to another seven-year high, with tech stocks returning to investors' favor on fresh signs of government support. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 2.0 percent, to 5,198.92, while the Shanghai Composite Index gained 2.0 percent, to 4,910.90 points.

  • *China's IT, defence stocks surge on signs of policy support. SHANGHAI, May 26- Hong Kong stocks jumped on Tuesday, flirting with seven-year highs, on expectations of more investment flowing from the mainland following Beijing's moves to expedite cross-border investment. Both markets were apparently encouraged by a new cross-border investment scheme...

  • China announced over the weekend that it would allow funds domiciled in Hong Kong and China to be sold in each others' market starting July 1, in China's latest step to facilitate cross-border investment. Lu Wenjie, a strategist at UBS Securities, estimated last week that Chinese investors could potentially pump 200 billion yuan into Hong Kong stocks in the next...

  • SANTIAGO, May 25- Chile's central bank and the People's Bank of China are clearing a path for the use of the Chinese yuan in South America as the two countries look to strengthen their trade relationship. China's central bank said in a statement that it had appointed China Construction Bank as the yuan clearing bank in Chile. China also agreed to grant a 50 billion...

  • SHANGHAI, May 25- Shanghai's benchmark stock index posted its biggest gain in four months on Monday, led by infrastructure and transport shares, after Beijing invited private investors to help build $318 billion of projects ranging from highways to tunnels. China's state planning agency on Monday released a list of more than 1,000 proposed projects...

  • SHANGHAI, May 25- China will slash import tariffs on consumer goods including skincare products, Western-style clothes and diapers from June, potentially giving a fillip to global brands and bolstering domestic consumption amid faltering economic growth. China retail sales rose 10 percent last month, but eased from March as data showed that China's economy...

  • *CSI300 +2.0 pct; SSEC +2.3 pct; Hong Kong on holiday. SHANGHAI, May 25- China stocks jumped to fresh seven-year highs on Monday morning, led by infrastructure and transport stocks, after Beijing said it is seeking private funding for over $300 billion worth of public projects. "These PPP projects would be a boon to the infrastructure sector, which also benefits from...

  • SHANGHAI, May 25- China's state planning agency on Monday released a list of more than 1,000 proposed projects totalling 1.97 trillion yuan that it is inviting private investors to help fund, build and operate. As its economic growth slows, China is increasingly turning to PPP, a model not commonly used, to fill a widening funding gap as Beijing clamps down on...