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  • Alitalia's new strategy envisions new routes from Rome to Dusseldorf, San Francisco, Beijing, Santiago, Chile, among other cities, and extra flights to New York, Chicago, Rio de Janeiro and Abu Dhabi, Etihad's hub. Strategy focuses on three Italian hubs: Milan's Malpensa airport for increased long-haul flights; Milan's Linate for more connections to partner...

  • LONDON, Jan 20- Chinese stocks rallied on Tuesday, recovering some ground lost in Monday's tumble, after economic data for 2014 came in slightly better than forecast albeit highlighting growth running at its slowest pace in 24 years. Shanghai's SSE Composite was 1.9 percent higher, while the MSCI Asia ex Japan index advanced 0.4 percent. The broader MSCI...

  • The market also took some comfort from China's fourth-quarter growth data, which came in better than expected, but that had only a marginal impact on stocks. "The GDP data looks to have had some positive impact but the key focus will still be capital flows," said Wang Weijun, an analyst at Zheshang Securities in Shanghai. China's key share indexes rose 40 percent in...

  • *China economy grows 7.4 pct in 2014, slowest in 24 years. *Sends signal Beijing can tolerate slower growth- economist. BEIJING/ SHANGHAI, Jan 20- China's economy grew at its slowest pace in 24 years in 2014 as property prices cooled and companies and local governments struggled under heavy debt burdens, keeping pressure on Beijing to take aggressive steps to avoid...

  • Jan 20- Hong Kong shares rose on Tuesday after mainland indexes rebounded on comments by China's securities regulator that it was not trying to suppress that market's rally. Among the most actively traded stocks on Hong Kong's main board were Bank Of China, up 2.6 percent at HK $4.29 Yat Sing Holding Ltd, up 50.0 percent at HK $0.90 and ICBC, up 2.4 percent at HK $5.58.

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 1.2 percent, to 3,396.22, while the Shanghai Composite Index gained 1.9 percent, to 3,173.05 points. "The CSRC's announcement has slightly relieved investor sentiment but it's impossible for investors to immediately regain confidence given that the problem of margin trading...

  • SHANGHAI, Jan 20- China's steel production grew at it slowest rate in more than two decades in 2014 as a cooling economy in the world's largest producer curbed demand and the government moved to tackle overcapacity and pollution. The low growth rate suggests China's authorities have had some success in efforts to lower production and close polluting plants,...

  • Chinese stocks rebound after regulator comment, GDP Monday, 19 Jan 2015 | 11:35 PM ET

    SHANGHAI, Jan 20- Chinese shares rebounded on Tuesday from their biggest tumble since the global financial crisis the day before, after the stock regulator denied speculation it had intentionally sought to suppress the market's rally. The market also took some comfort from China's fourth-quarter growth data, which came in better than expected, but that had...

  • SHANGHAI, Jan 20- China's December crude steel output rose from the previous month, government data showed on Tuesday, as steel mills resumed production after enforced cuts in northern regions. Steel output in the world's largest producer jumped 7.6 percent to 68.09 million tonnes, the highest since August, and climbed 1.5 percent from a year ago, data from the...

  • BEIJING, Jan 20- China's total power generation rose 3.2 percent in 2014, official data showed on Tuesday, the slowest growth rate in 16 years after demand was hit by softer economic growth and milder weather over the year. The country produced 5.4638 trillion kilowatt hours in 2014, according to the data published by the National Bureau of Statistics.

  • *China economic growth holds at 7.3 pct, vs 7.2 pct forecast. *Shanghai shares recoup some ground after Monday's tumble. SYDNEY, Jan 20- Asian markets rallied in relief on Tuesday after China reported its economy had not slowed as far as many had feared, a rare glint of brightness amid gloom over the global outlook.

  • *Focus on Shanghai shares after Monday's tumble. SYDNEY, Jan 20- Asian markets were on edge on Tuesday ahead of data expected to show China's economy grew at the slowest pace in 24 years last quarter, adding to the case for more stimulus measures both at home and abroad. Both the Shanghai Composite Index and the CSI300 index of the largest listed companies in...

  • SHANGHAI/ HONGKONG, Jan 20- Foreign investors eager to tap into the next generation of Chinese firms should soon be able to directly trade stocks in Shenzhen, but the high valuations and extreme volatility of the country's second-largest exchange may limit early inflows. Officials at the China Securities Regulatory Commission have said creating an...

  • *China economic growth data due on Tuesday, seen gloomy. LONDON, Jan 19- Aluminum and copper slid on Monday as oil prices dipped and investors worried about the economic health of top metals consumer China ahead of key growth data. Copper tumbled last week to its weakest in 5-1/ 2 years at $5,353.25 a tonne while aluminum hit a near eight-month low at $1,756.75.

  • LONDON, Jan 19- European stocks and bonds rose on Monday as investors shrugged off the steepest fall in Chinese shares for over six years and bet the European Central Bank will unveil a bond-buying economic stimulus package later this week. While European investors were in a relatively bullish mood on Monday, Greece and China remained risks and the dust...

  • *China economic growth data due on Tuesday, seen gloomy. LONDON, Jan 19- Aluminium fell and copper pared most of its early gains on Monday as oil prices dipped and investors worried about the economic health of top metals consumer China ahead of key data. Copper tumbled last week to the weakest levels in 5-1/ 2 years at $5,353.25 a tonne while aluminium hit a near...

  • LONDON, Jan 19- Shares in Shanghai fell 8 percent on Monday after regulators moved to tame speculators, but trade in other emerging markets was more subdued as investors awaited the European Central Bank's next move. Shanghai's SSE Composite stock index dropped 7.7 percent, its biggest one-day tumble in nearly seven years, while Hong Kong's Hang Seng Index was...

  • BEIJING, Jan 19- China's central bank and commercial banks bought the most yuan in seven years in December at around $19 billion, a Reuters calculation of data showed, suggesting some capital is leaving the world's second-largest economy as its growth slows. China's central bank and commercial banks sold 118.4 billion yuan worth of foreign exchange on a net...

  • Yuan falls to 2-1/2 week low after weaker midpoint Monday, 19 Jan 2015 | 4:28 AM ET

    SHANGHAI, Jan 19- China's yuan weakened to a two-and-half-week low on Monday, after the central bank set a weaker midpoint and on position squaring following a surge in the Swiss franc last week. The People's Bank of China set the midpoint rate at 6.123 per dollar prior to market open, weaker than the previous fix of 6.1188. The spot market closed at 6.2203, 137 pips...

  • SHANGHAI, Jan 19- China stocks suffered their biggest one-day percentage drop since the global financial crisis, dragged down by record tumbles for banks as authorities battled market speculation that fuelled a late 2014 spurt in share prices. The two main indexes both fell 7.7 percent, their biggest losses since June 2008, and the plunge wiped out around $315...