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  • HONG KONG, March 3- China's yuan edged down against the dollar on Tuesday, after the central bank fixed a weaker midpoint for the third consecutive day to reflect global strength in the dollar. The People's Bank of China set the midpoint rate at 6.1543 per dollar prior to market open, weaker than the previous fix of 6.1513. The yuan's depreciation pressure comes...

  • SHANGHAI, March 2- U.S. video service provider Netflix Inc is likely to enter the Chinese market without a local partner, which could make it harder to do business in the world's biggest internet market widely known for censorship and strict regulation. The firm, known for its U.S. political thriller " House of Cards", also plans to look at exporting content produced...

  • *China having trouble guiding real lending rates downward. SHANGHAI, March 2- China's bourses and money markets reacted half-heartedly to a reduction in China's interest rate over the weekend, as analysts said more aggressive easing measures may be needed to shore up investor confidence. A research note by OCBC bank economist Xie Dongming said that the timing...

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.8 percent to 3,601.27 points, while the Shanghai Composite Index gained 0.8 percent to 3,336.28. Among the most active stocks in Shanghai were Bank Of China, unchanged at 4.11 yuan; China Petroleum, down 1.1 percent to 6.25 yuan and Agricultural Bank of China, up 0.3 percent to 3.35...

  • *MSCI's Asia-Pacific stock index up 0.1 pct after China rate cut. *Australian shares hit 7- year high after China eases. *But overall risk asset impact from China cut limited.

  • *China's rate cut within expectations, partly priced in- analysts. SHANGHAI, March 2- China stocks posted modest gains on Monday after the central bank cut interest rates over the weekend, with some investors expressing disappointment that it didn't cut rates more deeply. "It's not a surprise," said Wu Kan, head of equity trading at investment firm Shanshan Finance...

  • *Performance beat expectations, follows HSBC flash survey showing recovery. SHANGHAI, March 1- Weakness in China's vast manufacturing sector, aggravated by high real borrowing costs and weak demand, appears to have driven the central bank to accelerate the pace of monetary easing to ward off deflation in the world's second-largest economy.

  • BEIJING, March 1- Activity in China's factory sector contracted for a second straight month in February on unsteady exports and slowing investment, an official survey showed on Sunday, reinforcing bets that more policy loosening is needed to lift the economy. Accounting for 48 percent of China's $10.2 trillion economy last year, the services sector has...

  • BEIJING, Feb 28- China's central bank cut interest rates on Saturday, just days before the annual meeting of the country's parliament, in the latest effort to support the world's second-largest economy as its momentum slows and deflation risks rise. "The focus of the interest rate cut is to keep real interest rate levels suitable for fundamental trends in...

  • LONDON, Feb 27- Copper rebounded from losses on Friday and climbed 7 percent overall in February, the biggest monthly gain in more than two years, as investors bet on renewed demand following China's long Lunar New Year holiday. Copper slid earlier on Friday after sharp increases in inventories triggered concerns about oversupply, but bullish investors got the...

  • *Shanghai copper stocks surge 32.6 pct. LONDON, Feb 27- Copper fell on Friday following sharp increases in inventories, reigniting concerns about oversupply weighing on the market and giving bearish Chinese speculators a chance to resume selling. While there was a knee-jerk reaction by traders, big increases in Shanghai stocks often occur following the Lunar...

  • LONDON, Feb 27- Copper fell on Friday following sharp increases in inventories, reigniting concerns about oversupply weighing on the market and giving bearish Chinese speculators a chance to resume selling. Copper has been recovering from 5-1/ 2 year lows touched last month, partly driven by heavy selling by Chinese hedge funds due to concern about demand in...

  • China stocks end a solid February with small rises Friday, 27 Feb 2015 | 2:18 AM ET

    The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.2 percent on Friday, to 3,572.84, gaining 1.4 percent for the week, while the Shanghai Composite Index gained 0.4 percent, to 3,310.30 points, up 2 percent for the week. Among the most active stocks in Shanghai on Friday were Bank of China, down 0.7 percent to 4.11 yuan; China Petroleum, up...

  • *Zhejiang easing measures boost financials. SHANGHAI, Feb 27- China stocks rose on Friday after domestic media reported easing measures for small banks in Zhejiang province, and looked set to post solid gains for the month. The People's Bank of China made a system-wide cut to bank reserve requirements on Feb. 5, the first time it has done so in over two years, and said...

  • HONG KONG, Feb 27- China's yuan fell to its lowest level against the dollar in more than two years on Friday, raising questions about whether the world's second-largest economy will devalue its currency to avert a sharper economic slowdown. With fears of a global currency war rising, all eyes in Asia are focused on what China will do as it grapples with inflation...

  • *Beijing to tax profits from previous five years. BEIJING, Feb 26- Chinese regulators have revealed key details of how China plans to tax past profits of foreign institutional investors via cross-border investment programmes, said sources who attended a compliance training session for programme participants in Beijing on Thursday. Together, the two...

  • *Cheung Kong net HK $54 bln vs HK $37 bln analyst view. Li has been selling assets and increasing the pace of overseas acquisitions- particularly infrastructure, telecoms and retail businesses in Europe- sparking speculation that he is withdrawing from Hong Kong and mainland China, a claim he has consistently denied. Li's family sold more than $2 billion worth of...

  • SHANGHAI, Feb 26- A Chinese government push to promote e-commerce has created a host of online retail rivals for Alibaba Group Holding Ltd and Amazon.com Inc catering to shoppers' fears about the quality and safety of local everyday goods. Several, including SF Express and state-owned Sinotrans, have jumped into a field dominated by JD.com Inc, Alibaba's...

  • HONG KONG, Feb 26- China is set to launch a link between gold markets in Shanghai and Hong Kong this year following a landmark stock connect scheme, aiming to enhance its pricing power of gold contracts and ultimately challenge its competitors in the West. While China is the world's largest consumer of the precious metal, having surpassed India, daily trading of...

  • SHANGHAI, Feb 26- A Chinese government push to promote e-commerce has created a host of online retail rivals for Alibaba Group Holding Ltd and Amazon.com Inc catering to shoppers' fears about the quality and safety of local everyday goods. Smaller local internet firms like Netease Inc, which partnered last month with Sinotrans to set up an online bazaar, are also...