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  • SHANGHAI, July 28- The head of U.S. meat supplier OSI Group, the parent company of a Chinese firm at the center of a food safety scandal, will hold a news conference in Shanghai later on Monday, as McDonald's Corp struck more meat dishes off its menus in China.

  • HONG KONG, July 28- China shares jumped to their highest since December on Monday, as banks surged after a Reuters report said the country's fifth-biggest bank by assets planned to seek more private investors, while Hong Kong markets were also pushed higher.

  • SHANGHAI, July 28- China's yuan strengthened against the dollar on Monday, as better-than-expected economic data offset a weaker central bank midpoint fixing, traders said, as the spot market continued to push the traded rate closer to the midpoint.

  • HONG KONG, July 28- China shares jumped in mid-morning trade on Monday, with bank shares surging after Reuters reported the country's fifth-biggest bank by assets plans to seek more private investors. At 0255 GMT, the Shanghai Composite Index was up 2.3 percent, while The CSI300 of the leading Shanghai and Shenzhen A-share listings rose 2.7 percent.

  • US meat supplier in China withdraws products Sunday, 27 Jul 2014 | 7:02 PM ET

    NEW YORK— OSI Group, an Aurora, Illinois- based company at the center of a food scandal in China, said that it was pulling all of the products produced by its Shanghai Husi unit from the marketplace.

  • Shanghai Husi Food Co Ltd, owned by Illinois- based OSI Group LLC, is at the center of a major food safety scandal, which has spread from China to Hong Kong and Japan, over allegations it mixed fresh and expired meat.

  • While it's still off-limits to delve too deeply into what government leaders and powerful institutions may be up to, recent' undercover' state TV reports accusing state-owned Bank of China of aiding money laundering and a U.S.-owned food supplier of safety violations suggest the media are more ready to run critical reports.

  • *Economic sanctions loom for Russia. FRANKFURT, July 27- With the prospect of stiffer sanctions against Russia rattling confidence in Europe, investors will be looking to the United States and China to underpin the global economy.

  • Shanghai Husi Food Co Ltd, owned by Illinois- based OSI Group LLC, is at the center of a major food safety scandal, which has spread from China to Hong Kong and Japan, over allegations it mixed fresh and expired meat.

  • SHANGHAI, July 25- Regulators in Shanghai have found that scandal-hit China- based food supplier forged production dates on some of its products and sold them after their expiry, the official Xinhua news agency reported on Saturday.

  • BEIJING, July 25- China Telecom Corp Ltd will sell Microsoft Corp's Xbox One gaming console in China from September through an exclusive contract, the country's third-largest telecommunications company said on Friday. Joanna Li, Microsoft's China spokeswoman, said the console would be offered exclusively to China Telecom's 30 million broadband customers.

  • *Indonesia reaches copper exports deal with Freeport. *Copper to underperform other base metals in next year-Goldman. LONDON, July 25- Copper was steady on Friday, remaining near to a 4-1/ 2 month peak, on positive factory data from China, but news of increased supply prospects from Indonesia dampened early gains.

  • *Copper to underperform other base metals in next year-Goldman. LONDON, July 25- Copper rose on Friday, just short of a 4-1/ 2 month peak, on positive factory data from China and was set to rise more than 2 percent this week. "Copper had a strong day yesterday but is more muted today.

  • HONG KONG, July 25- McDonald's Corp has suspended sales of chicken nuggets and other items in Hong Kong after it said it imported products from Shanghai Husi Food, the U.S.-owned Chinese company at the centre of a food safety scare in China.

  • SYDNEY, July 25- London lead charged to its highest this year on Friday amid a broad spread rally in metals, as investors bought the contract that has underperformed its peers on growing economic optimism over top metals user China. Shanghai lead surged its limit up of four percent, while prices jumped almost two percent in London.

  • HONG KONG, July 25- Hong Kong's benchmark share index rose 0.3 percent on Friday, closing at its highest level in more than three years, buoyed by stronger China markets. The China Enterprises Index of the leading offshore Chinese listings in Hong Kong rose 0.5 percent to its highest close since December 13.

  • HONG KONG, July 25- China' index of leading Shanghai and Shenzhen shares posted its biggest weekly gain in over 10 months on Friday, powered by continued strength in blue chips which are seen benefiting from a coming stock exchange connection between Shanghai and Hong Kong.

  • McNuggets pulled from sale in HK after meat scare Friday, 25 Jul 2014 | 1:14 AM ET

    HONG KONG— McDonald's restaurants in Hong Kong have taken chicken nuggets and chicken filet burgers off the menu after a U.S.-owned supplier in mainland China was accused of selling expired meat. The fast food chain said late Thursday that it "suspended relevant food ingredients" at Hong Kong outlets in light of the scandal surrounding Shanghai Husi Food Co..

  • *New China Life Insurance drops after report says Temasek sold shares. HONG KONG, July 25- China shares are headed for their best weekly gain in 3-1/ 2 months on Friday, powered by continued strength in blue chips including bank stocks that is helping mainland markets outperform Hong Kong.

  • BEIJING, July 25- China Telecom Corp Ltd will start selling Microsoft Corp's Xbox One gaming console in China from September through an exclusive contract, the country's third-largest telecommunications company said in a statement on Friday.