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  • BEIJING, Dec 23- Investor Warren Buffett's NetJets Inc has been caught by surprise by headwinds in China amid Beijing's austerity drive and a slowing economy, the business aircraft supplier's chief executive officer said. Less than three months after NetJets won regulatory approval to provide charter services in China, business in and around China is...

  • HONG KONG, Dec 23- Hong Kong shares edged down on Tuesday, erasing gains from the morning session, dragged down by the financial sector. Among the most actively traded stocks on Hong Kong's main board were CGN Power Co Ltd, up 1.2 percent at HK $3.51 Bank Of China, down 2.1 percent at HK $4.24 and AVIC International Holding HK Ltd, up 21.0 percent at HK $0.75.

  • China stocks close at biggest fall in two weeks Tuesday, 23 Dec 2014 | 2:26 AM ET

    The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 2.0 percent, to 3,324.92 points, while the Shanghai Composite Index lost 3.0 percent, to 3,032.61 points. This is just a normal situation as we saw a previous rise in stocks, "said Wang Weijun, analyst at Zheshang Securities in Shanghai. Among the most-active stocks in Shanghai were Bank...

  • SHANGHAI, Dec 23- China stocks were mixed by midday on Tuesday, recovering from a steep decline of nearly 3 percent in early trade as investors moved back into property and insurance shares, reflecting a recently familiar pattern of intense swings on mainland indexes. "The market is still a bull one despite the corrections," said Zhang Yanbin, analysts at Zheshang...

  • SHANGHAI, Dec 22- China stocks closed up on Monday in volatile trade as electrical utilities rose and banks spiked, but gains were capped by news that the stock regulator was investigating a group of small-cap shares. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.3 percent, to 3,394.48 points, while the Shanghai Composite Index...

  • HONG KONG, Dec 22- Hong Kong shares produced solid gains on Monday, underpinned by gains in mainland markets plus stability in crude oil prices and the Russian ruble. The H-share index far outperformed the Hang Seng index as Chinese energy conglomerates listed in Hong Kong rises. Among the most actively traded stocks on Hong Kong's main board were Alibaba...

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.3 percent, to 3,394.48 points, while the Shanghai Composite Index gained 0.7 percent, to 3,127.44 points. Among the most active stocks in Shanghai were Bank Of China, up 9.9 percent to 3.89 yuan; Agricultural Bank Of China, up 9.9 percent to 3.56 yuan and Minsheng Bank, up 9.1 percent to...

  • SHANGHAI, Dec 22- China stocks rose on Monday in a volatile morning session, as investors plowed funds into electrical utilities shares on hopes of reform, while banks saw a dramatic spike before a sell-off ensued. The rise was led by Bank of China, still up 9.3 percent at the end of the morning session. "Investors are switching from brokerages to banks on fears that...

  • HONG KONG, Dec 22- A month after China opened up its equity markets in a landmark trading link with Hong Kong, demand has been subdued and the bulk of activity has come from short-term speculative investors. The authorities had hoped mutual and pension funds and private banks would form the bedrock of the Shanghai- Hong Kong stock connect. "We are not participating...

  • HONG KONG, Dec 19- A former top Hong Kong civil servant was found guilty on Friday of accepting HK $8.5 million in bribes from executives of property developer Sun Hung Kai Properties Ltd, in the city's highest profile corruption case. Rafael Hui, 66, who headed Hong Kong's civil service from 2005 to 2007, was found guilty of three counts of misconduct in public...

  • Hong Kong shares close up, buoyed by U.S. optimism Friday, 19 Dec 2014 | 3:08 AM ET

    HONG KONG, Dec 19- Hong Kong shares finished up on Friday, climbing for a second day heartened by the prospect that U.S. interest rates will stay low for a while. Among the most actively traded stocks on Hong Kong's main board were CCT Land Holdings Ltd, unchanged at HK $0.02 G-Resources Group Ltd, up 1.7 percent at HK $0.18 and China Construction Bank Corp, up 1.0...

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 1.1 percent to 3,383.17, and climbed 5.95 percent for the week. Among the most active stocks in Shanghai were China State Construction Engineering, up 10.1 percent to 6.88 yuan; GD Power Development, up 9.9 percent to 4.10 yuan and China Shipbuilding Industry, up 5.9 percent to 9.84...

  • SHANGHAI, Dec 19- China's yuan is plunging to fresh lows in December, declining 1.3 percent so far this month, heading toward its worst monthly performance since February and set to close the year down over 2 percent. "This is a dollar strength story and the CNY moves are market-driven," said Dominic Bunning, senior FX strategist at HSBC in Hong Kong.

  • Shanghai shares ease off 4-year intraday peak, HK gains Thursday, 18 Dec 2014 | 11:44 PM ET

    *Hong Kong positive on Fed "patient" stance on rates. BEIJING, Dec 19- Shanghai shares retreated from their highest intraday level in four years on Friday, while Hong Kong stocks rallied for a second day on positive global sentiment. China COSCO China Shipping Development, China Shipping Container Lines and China Merchants Energy Shipping jumped by their 10 pct...

  • *Asia shares buoyed as Wall St surges for second day. SYDNEY, Dec 19- Asian shares enjoyed their best day in 15 months on Friday, after Wall Street boasted its biggest two-day advance since late 2011 amid relief the Federal Reserve was in no rush to withdraw stimulus from the U.S. economy. MSCI's broadest index of Asia-Pacific shares outside Japan put on 1.5 percent,...

  • *Shanghai copper reverses early losses to follow LME up. SYDNEY, Dec 19- Copper futures edged higher on Friday as oil prices rose and on worries over a possible supply disruption in Africa. Barrick Gold Corp said on Thursday it would suspend operations at its Lumwana copper mine in Zambia if legislation is passed to lift royalties on open-pit mining operations to...

  • SYDNEY, Dec 19- London copper futures inched up in early trade on Friday as oil prices climbed, while Shanghai futures dipped on gloomy Chinese housing data. *The most-traded copper contract on the Shanghai Futures Exchange slipped 0.44 percent to 4,5340 yuan a tonne. *China's top refined lead producer Henan Yuguang Lead and Gold Ltd has cut its output by up to 30...

  • SHANGHAI, Dec 18- In Blagoveshchensk on Russia's side of the Chinese border, Mou Jiani has turned her home into a warehouse, stocking up on Apple Inc iPhones, handbags and milk powder to sell back home as Chinese shoppers take advantage of the rouble's slide. Chinese workers and overseas students in Russia have been snapping up goods at low prices caused by the...

  • 'Interview' ordeal at Sony just its latest crisis Thursday, 18 Dec 2014 | 6:36 AM ET

    Sony Corp. is sealed within a hermetic cone of silence as executives try to prevent the slow motion train wreck at Sony Pictures from damaging the rest of the sprawling business empire. Sony's miseries with its television and smartphone businesses were bad enough. For now, Sony's damage control strategy in Japan appears to be waiting out the crisis in silence.

  • HONG KONG, Dec 18- Hong Kong shares finished up on Thursday, snapping five consecutive days of losses, underpinned by a rally on Wall Street. Among the most actively traded stocks on Hong Kong's main board were CCT Land Holdings Ltd, up 11.8 percent at HK $0.02, North Mining Shares Co Ltd, up 1.4 percent at HK $0.36 and Bank Of China, unchanged at HK $4.14.