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  • Uber meets local lookalikes in Asia taxi-app wars Monday, 14 Apr 2014 | 3:31 AM ET

    MUMBAI, India— Riding on its startup success and flush with fresh capital, taxi-hailing smartphone app Uber is making a big push into Asia. Malaysia- based GrabTaxi operates in five Southeast Asian countries and recently announced more than $10 million in new investment.

  • BEIJING, April 14- China shares were nearly flat on Monday as investors locked in profits after last week's announcement that Hong Kong and China investors will be able to buy shares in companies listed on each other's bourses. The CSI300 index of the leading Shanghai and Shenzhen A-share listings fell 0.1 percent.

  • BEIJING, April 14- China stocks fell on Monday, with financial shares losing 1.1 percent as investors locked in gains after last week's announcement that Hong Kong and China investors can buy shares in companies listed on each other's bourses.

  • China's yuan holds steady as market awaits Q1 data Sunday, 13 Apr 2014 | 11:51 PM ET

    HONG KONG, April 14- China's yuan held steady against the dollar on Monday following a weaker official midpoint, with the market awaiting a run of economic indicators this week to gauge growth momentum in the world's second-largest economy.

  • SINGAPORE/ TOKYO, April 11- At least one soybean cargo defaulted on by Chinese importers was sold by Japan's Marubeni Corp, three sources said, as slowing demand and tightening credit in the world's top importer hits oilseed trade.

  • Shanghai share index posts best week in two months Friday, 11 Apr 2014 | 3:16 AM ET

    SHANGHAI, April 11- The Shanghai share index on Friday clawed back some losses in early trading, when Thursday's excitement over new cross border investment rules gave way to concerns about fundamentals, to help it post the biggest weekly rise in two months.

  • *Moscow wants to diversify away from Europe. The project fits well with a more aggressive eastward push by Moscow since the United States and European Union imposed sanctions over its annexation of Crimea from Ukraine last month.

  • SHANGHAI, April 11- Hong Kong shares fell on Friday with H-shares down sharply, as new rules allowing mainland and Hong Kong investors to invest in each other's markets led to a sell-off in dual-listed shares previously trading at premium to their mainland counterparts.

  • SHANGHAI, April 11- China's yuan held a flat tone for the week on Friday after the central bank set its guidance rate up 0.02 percent from Thursday's close, as markets digested economic policy statements from officials alongside uninspiring macroeconomic data.

  • Searchers race to find jet; no new signals heard Friday, 11 Apr 2014 | 12:02 AM ET

    PERTH, Australia— Authorities are confident that signals detected deep below the surface of the Indian Ocean are coming from the missing Malaysian jet's black boxes, Australia's prime minister said Friday, raising hopes officials may eventually solve one of the most perplexing aviation mysteries of all time.

  • SHANGHAI, April 11- China will ease restrictions on overseas investments by local firms and deals below $1 billion will no longer need approval, the country's economic planner said in another step to cut red-tape and facilitate the growth of private investment.

  • April 10- AlixPartners, a leading business turnaround advisory firm, sued two former managing directors on claims they breached employment contracts and stole trade secrets after they jumped to consulting firm McKinsey& Co..

  • AlixPartners sues consultants who jumped to McKinsey Thursday, 10 Apr 2014 | 2:41 PM ET

    April 10- AlixPartners, a leading business turnaround advisory firm, sued two former managing directors for breaching employment contracts and stealing trade secrets after they jumped to consulting firm McKinsey& Co..

  • *Boeing, Airbus to benefit from low cost carriers boom. BEIJING, April 10- The chairman of Spring Airlines requires his employees to use both sides of a sheet of paper before throwing it away and even removed most of the bulbs lighting the corridor to his office- all part of his quest to save money.

  • SHANGHAI, April 10- Hong Kong shares closed at their highest level in more than three months on Thursday, lifted by news that Beijing's securities regulator will allow cross-border stock investment between Hong Kong and Shanghai. The announcement also boosted mainland indexes, with the Shanghai composite index reaching a two-month high.

  • China to permit cross-border stock trading with HK Thursday, 10 Apr 2014 | 4:20 AM ET

    HONG KONG— China unveiled a plan Thursday that would give foreign investors greater access to its stock market by allowing investors in Shanghai and Hong Kong to trade shares on each other's exchanges.

  • SHANGHAI, April 10- Hong Kong shares ended at their highest in more than three months on Thursday, after Beijing's securities regulator said it would allow cross-border stock investment between Hong Kong and Shanghai. The China Enterprises Index of the top Chinese listings in Hong Kong increased 0.4 percent.

  • *China copper imports jump 10.8 pct in March on month to 420,000 T. *China exports unexpectedly fall in March; imports weak. "NPI prices are going up in China and that's because of cost pressures the producers are facing with higher costs for their feeds," said Matt Fusarelli at AME Group in Hong Kong, referring to nickel pig iron, a cheaper substitute for refined nickel.

  • SHANGHAI, April 10- China shares hit their highest level in nearly two months after Beijing's securities regulator said it would allow cross-border stock investment between Hong Kong and Shanghai.

  • SHANGHAI, April 10- China's securities regulator and its Hong Kong counterpart said on Thursday they would allow mainland investors to trade shares in designated companies listed in Hong Kong, while letting Hong Kong investors buy selected Shanghai- listed shares.

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