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  • HONG KONG, Feb 17- Average new home prices in China's major cities fell for the ninth straight month in January but showed some signs of stabilizing in the top cities in a small sign that the worst may be over for the ailing property sector. The property industry accounts for some 15 percent of China's gross domestic product, so signs of a bottoming out in the sector...

  • HONG KONG, Feb 17- Average new home prices in China's major cities fell for the ninth straight month in January but showed some signs of stabilising in the top cities in a small sign that the worst may be over for the ailing property sector. The property industry accounts for some 15 percent of China's gross domestic product, so signs of a bottoming out in the sector...

  • SHANGHAI, Feb 17- Erzhong Heavy Industries is set to become the first firm to voluntarily delist from the Shanghai Stock Exchange since the introduction of stricter listing rules- a further sign that tougher regulation is beginning to drive speculators out of loss-making stocks. The transaction, which will be conducted in cash, will require no more than 1.04...

  • SHANGHAI, Feb 17- China shares rose to three-week highs on Tuesday, lead by gains in property firms after data showed some signs housing prices were starting to stabilize in the biggest cities. Average new home prices in China's 70 major cities fell 0.4 percent in January from December, a ninth straight monthly drop, but price falls in Beijing and Shanghai eased,...

  • New home prices in Beijing fell 0.1 percent between December and January, slowing from a 0.2 percent fall in December from November, while Shanghai prices were flat, stabilising after eight straight month-on-month falls. Against year-ago levels, the National Bureau of Statistics data showed new home prices fell for the fifth consecutive month, down 5.1...

  • New home prices in Beijing fell 0.1 percent between December and January, slowing from a 0.2 percent fall in December from November, while Shanghai prices were flat, stabilizing after eight straight month-on-month falls. Against year-ago levels, the National Bureau of Statistics data showed new home prices fell for the fifth consecutive month, down 5.1...

  • *Tencent messaging app has largely overtaken traditional texting. BEIJING, Feb 17- Ford Motor Co wants Tencent Holdings Ltd to tailor its popular chatting app for the firm's cars in China, as automakers in the world's largest market vie for drivers that care about high-tech features as much as engine size. Rivals including Daimler and Nissan Motor Co Ltd are also...

  • China Jan home prices fall 5.1 pct yr/yr Monday, 16 Feb 2015 | 8:44 PM ET

    HONG KONG, Feb 17- Average new home prices in China's 70 major cities fell 5.1 percent in January from a year earlier, the fifth consecutive month showing an annual fall. The National Bureau of Statistics said new home prices in Beijing fell 3.2 percent in January from a year earlier, versus the previous month's drop of 2.7 percent. China's real estate market is...

  • *Tencent messaging app has largely overtaken traditional texting. BEIJING, Feb 17- Ford Motor Co wants Tencent Holdings Ltd to tailor its popular chatting app for the firm's cars in China, as automakers in the world's largest market vie for drivers that care about high-tech features as much as engine size. Rivals including Daimler and Nissan Motor Co Ltd are also...

  • Luxury property sales took a hit last year as China's anti-corruption campaign discouraged conspicuous consumption, but buyers are now taking advantage of easier credit and a stock market rally to upgrade their homes. "It's not going to lead to a full recovery in the market," said Clement Luk, Shanghai- based chief executive officer for eastern China at property...

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.9 percent, to 3,499.48, while the Shanghai Composite Index gained 0.6 percent, to 3,222.36 points. Among the most active stocks in Shanghai were China United Network Communications Ltd, up 10.1 percent to 5.34 yuan; Bank Of China, down 0.5 percent to 4.09 yuan and China Shipbuilding...

  • *Honda slowing North American car production as parts held up. SAN FRANCISCO/ TOKYO, Feb 16- A labor dispute at ports on the U.S. West Coast is disrupting supply chains across the Pacific, forcing some Asian suppliers to resort to costly air freight and pushing up shipping rates as more freighters are caught up in long queues to dock. Japan's Honda Motor Co said on...

  • SHANGHAI, Feb 16- China stocks are heading for their sixth straight session of gains in thin trading on Monday, as expectations of further government stimulus were reinforced by ugly economic data ahead of the Lunar New Year holiday. The market also drew support from liquidity unlocked from last week's initial public offering rush, as well as signs of...

  • SHANGHAI, Feb 16- China's yuan weakened on Monday, after January data showed the weakest year-on-year growth in money supply in 16 years. China's January data this year has been almost uniformly poor, with inflation, trade and money supply data all coming in well below analysts' forecasts, reinforcing expectations that policymakers will have to roll out more...

  • *EU finance ministers meet on Greece, progress needed. SYDNEY, Jan 16- Japanese shares touched an eight-year high on Monday following a record close on Wall Street, with investors cautiously optimistic the European Union would make progress this week on a debt deal with Greece. MSCI's broadest index of Asia-Pacific shares outside Japan recouped a small initial...

  • *UBS, Credit Suisse expand off-shoring centers in Poland. WARSAW/ KRAKOW, Feb 15- Swiss financial titans UBS and Credit Suisse are expanding their operations in provincial Poland in a cost-saving drive made more urgent by the surge in the value of the Swiss franc. Even before the Swiss central bank abandoned its cap on the currency in January, the cost of taking on...

  • SHANGHAI, Feb 14- China Minsheng Investment Co Ltd, the country's largest private investment fund, said on Saturday it would invest 1 billion pounds in a Chinese-led project to develop a new financial district in London. ABP, headed by little-known Beijing businessman Xu Weiping, wants to develop a 14- hectare sliver of land at the historic Royal Albert Dock in...

  • BEIJING, Feb 13- China's growth in broad money supply slumped to its lowest on record in January even as new yuan loans hit a 5-1/ 2- year high, boosting bets that Beijing may further loosen monetary policy to avert a sharper economic slowdown. That was even as new yuan loans surged to 1.47 trillion yuan, trumping market expectations for 1.35 trillion yuan, and more...

  • ZTE's efforts to collect patent royalties- months ahead of Qualcomm Inc's China antitrust settlement this week, according to people with knowledge of the matter- shows how that deal has already changed the way China's booming smartphone industry does business. As anticipated by ZTE, a key term in the settlement dissolved Qualcomm's cross-licensing...

  • BEIJING, Feb 13- New yuan loans issued in China more than doubled in January to surge to a 5-1/ 2- year high of 1.47 trillion yuan, trumping market expectations as the government ramped up efforts to avert a sharper economic slowdown. Total social financing, a broader measure of overall liquidity in the economy, also jumped 21 percent from December to 2.05 trillion...