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  • HANGZHOU, China, May 18- When it comes to fighting fakes, Alibaba's head of internet security says cooperation beats the courtroom any day. Ni Liang, who runs the Hangzhou, China- based company's anti-counterfeiting operations, was speaking to Reuters days after Gucci, Yves Saint Laurent and other luxury brands owned by Paris- based Kering SA sued Alibaba in New...

  • SHANGHAI, May 18- China's main stock indexes sagged on Monday ahead of a fresh wave of new share sales, but the Nasdaq-style board ChiNext surged to new heights as investors shift interest to small-caps. But ChiNext, the Shenzhen- based start-up board surged 4.5 percent to a record close, after China's securities regulator on Friday denied media reports that it...

  • HONG KONG, May 18- China's new home prices fell for the eighth consecutive month in April from a year earlier but were flat from March, adding to hopes that a property downturn which is weighing heavily on the economy is beginning to bottom out. Average new home prices in China's 70 major cities dropped 6.1 percent last month from a year ago, the same rate of decline as...

  • SHANGHAI/ HONG KONG, May 18- China's wind farm firms are feeling the heat as state grid operators deliberately delay hooking them up and cut back on purchases, wasting about a fifth of the total wind power output or enough electricity to run Beijing for 40 days. China is now the world's top wind power producer thanks to policies designed to boost renewable energy...

  • LONDON, May 15- The copper market this year has been defined by a war of attrition between bulls and bears. Meanwhile, in London the bull controlling the nearby spreads shows no signs of giving up either. But then the timing of the Jan. 14 slump, when LME copper plunged $250 when most London traders were still tucked up in their beds, left little doubt as to where the...

  • ATLANTA— Delta Air Lines CEO Richard Anderson leans back in his chair, smiles and explains why he's so happy. With a healthy balance sheet, Anderson, who just turned 60, is now focusing on a fight with government-backed Middle East airlines, building long-term partnerships with other international carriers and improving the onboard experience for passengers.

  • SHANGHAI, May 15- China stocks fell on Friday amid concerns over fresh share supplies, after regulators said the market has ample liquidity to handle more initial public offerings. Xiao Gang, chairman of the China Securities Regulatory Commission, told a conference on Friday that the watchdog's recent move to accelerate IPO approvals won't have a big impact on...

  • BEIJING— On his first visit to China as India's prime minister, Narendra Modi said Friday that two days of talks yielded progress on issues ranging from a yawning trade imbalance to their continuing border dispute. I asked China to reconsider its approach on some of the issues that hold us back on realizing the full potential of our partnership, "Modi said.

  • SHANGHAI, May 15- China's yuan currency on Friday weakened against the dollar as corporate dollar demand outweighed supply, helping to offset a 15- month high midpoint set by the central bank, traders said. The People's Bank of China set the midpoint rate at 6.1085 per dollar prior to the market's open, 0.01 percent firmer than the previous fix at 6.1093.

  • Xi hosted Modi in his ancestral hometown at the start of Modi's three-day visit to China on Thursday, as India and China worked to boost economic ties despite decades of mistrust. The list of problems the world's two largest countries by population face are considerable, ranging from a festering border dispute to China's support for India's arch-rival,...

  • Xi to Indian PM: China, India must build mutual trust Thursday, 14 May 2015 | 10:13 PM ET

    "We must work together to enhance mutual trust, control our differences and problems to avoid them interfering with bilateral relations," Xi was quoted as telling Modi, according to a statement late on Thursday on China's foreign ministry's website. The list of problems the world's two largest countries by population face are considerable, ranging from a...

  • Sina reports 1Q loss Thursday, 14 May 2015 | 5:51 PM ET

    SHANGHAI _ Sina Corp. on Thursday reported a loss of $10.3 million in its first quarter. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of 1 cent per share. Sina shares have increased 14 percent since the beginning of the year.

  • *Focus is on getting Hong Kong- Shenzhen trading link off ground. HONG KONG, May 14- China's plan to allow cross-border sales of investment funds between the mainland and Hong Kong appears to have lost momentum after opposition from domestic money managers who fear being overwhelmed by global competitors, industry players say. But China seems, instead, to be...

  • LONDON, May 14- Nickel fell on Thursday on concern about excess supply after inventories increased and pressured by a slide in Shanghai futures. Other metals were slightly firmer on a weaker dollar and on hopes that China would step up stimulus to boost economic growth. Three-month nickel on the London Metal Exchange fell 0.8 percent at $13,950 a tonne by 0951...

  • SHANGHAI, May 14- China stocks closed mixed on Thursday, as gains from the telecom sector balanced out losses from the real estate sector. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.4 percent, to 4700.78, while the Shanghai Composite Index gained 0.1 percent, to 4,378.31 points. The total volume of A shares traded in Shanghai...

  • HONG KONG, May 14- China Vanke said on Thursday it would form a partnership with Dalian Wanda Group to jointly acquire land and develop real estate projects. Dalian Wanda officials in Beijing were not immediately available for comment. The parent company of Hong Kong- listed Dalian Wanda Commercial Properties Co, said last month it would follow an "asset-light"...

  • WASHINGTON/ NEW YORK, May 14- Major banks wary of heavy U.S. penalties will be reluctant to restore ties with Iran even if sanctions are lifted in a possible nuclear deal, bank executives and advisers say, likely denting Iran's ambition to attract foreign investment to revive its crippled economy. After years of being frozen out of the global banking system and...

  • India's Modi meets Xi on China visit amid warming ties Thursday, 14 May 2015 | 12:32 AM ET

    China is looking to India as a market for its increasingly high-tech goods, from high-speed trains to nuclear power plants, while India is keen to attract Chinese investment in manufacturing and infrastructure. With a slowing economy, excess production capacity and nearly $4 trillion in foreign currency reserves, China is ready to satisfy India's estimated...

  • MELBOURNE, May 14- London copper was steady on Thursday, underpinned by a weaker U.S. dollar after fresh evidence of a soft patch in the world's top economy and by expectations that Beijing would step up stimulus to revive growth. An expected shortfall in nickel ore supplies to China's stainless steel makers is seen underpinning Chinese nickel demand, after...

  • SINGAPORE, May 13- The maiden flight of China's only homegrown commercial jet, the Comac C919, is behind schedule and delivery could be pushed back as much as two years, sources familiar with the programme said, dealing a blow to its push to challenge Airbus and Boeing. China has high hopes for the C919 in the lucrative narrow-body market which accounts for more than...