Amazon to open an office in China's Shanghai free trade zone, state media says, allowing the firm to sell a wider range of products in the country.» Read More
HONG KONG, Aug 7- China shares posted their biggest daily loss in 1-1/ 2 months on Thursday, as large-cap stocks from banking to energy extended a retreat from recent highs.
SHANGHAI/ BEIJING, Aug 7- China has suspended work at more than 200 factories in an eastern province for safety checks as part of a nationwide review following an explosion at an auto parts plant that killed 75 people, government officials and state media said.
HONG KONG, Aug 7- China shares slid on Thursday as the country's large banks and oil firms extended a retreat from recent highs, while a weaker Macau gambling sector hurt by disappointing revenues weighed on Hong Kong markets. The Hang Seng Index and the China Enterprises Index of the top Chinese listings in Hong Kong each slipped 0.5 percent.
BEIJING, Aug 7- China is quietly pushing back its loose timetable to make the yuan freely convertible, policy insiders say, as authorities fear removing capital controls too soon could unleash damaging speculative flows that will make it harder to reshape the economy.
*HKEx shares up 35 pct in 2014 on Shanghai stock connection. HONG KONG, Aug 6- Hong Kong Exchanges& Clearing Ltd will raise fees on the London Metal Exchange from Jan. 1 2015, HKEx said on Wednesday, as it battles costs from its acquisition of the LME and absorbs the London exchange's rising legal expenses.
Chrysler is owned by Fiat SpA while Volkswagen owns Audi, and both are premium brands in China. The NDRC also said it was launching a probe into Mercedes-Benz, owned by Daimler AG, and that it had finished investigating a dozen Japanese spare-part manufacturers on similar anti-trust charges.
BEIJING, Aug 6- China has shut 214 factories for safety risks in a city where an explosion at an auto parts factory last week killed 75 people, state media said on Wednesday. Based about an hour's drive from Shanghai, Kunshan Zhongrong polishes wheel hubs for automakers including General Motors Co The blast is China's worst industrial accident in a year.
*Stocks fall as Russian troops gather near Ukraine border. LONDON, date- European stocks fell on Wednesday while nervous investors took refuge in high-rated bonds on reports of a build-up of Russian troops near the border with Ukraine.
*Weak property sector is big threat to China's economy. SINGAPORE, Aug 6- London copper fell to its lowest level in more than two weeks on Wednesday, hurt by a firmer dollar and concerns over China's economic momentum after a weak reading of its services sector.
HONG KONG/ SHANGHAI, Aug 6- China's currency crossed the central bank's daily midpoint for the first time since March on Wednesday, as traders pushed the yuan back toward bullish territory after a weak first half, potentially preparing the ground for robust gains in the second.
HONG KONG, Aug 6- China shares fell on Wednesday but ended off early lows as solid gains in metal counters helped offset weakness in banking and energy large caps. PetroChina was the main drag on the index in Shanghai, slipping 0.6 percent. China Eastern Airlines, Air China and China Southern Airlines all added over 1 percent.
HONG KONG, Aug 6- Hong Kong and China shares dropped on Wednesday with investors taking profits on recently-strong Chinese blue-chip stocks and keeping an eye on declines in U.S. markets. The China Enterprises Index of the top Chinese listings in Hong Kong fell 0.8 percent to a two-week low.
SINGAPORE, Aug 6- London copper was near one-week lows on Wednesday and Shanghai prices fell one percent, reflecting investor caution as weakness in China's services sector cast doubts on its economic recovery. *The most-traded October copper contract on the Shanghai Futures Exchange dropped 510 yuan to 50,030 yuan per tonne.
LONDON/ MILAN, Aug 5- Shares in Fiat fell more than 4 percent on Tuesday, with three traders citing a Chinese press report about a competition probe targeting the Chinese operations of Chrysler, the U.S. carmaker wholly owned by Fiat.
CHICAGO, Aug 5- Two government bodies in Shanghai have launched a joint investigation into the food safety scandal in China centered around U.S.-based meat supplier OSI Group, the company said on Tuesday.
SHANGHAI/ BEIJING, Aug 5- Daimler AG's luxury brand Mercedes-Benz said it was cooperating with China's anti-monopoly authorities over an investigation into unspecified matters, after Chinese media reported the German carmaker's Shanghai office had been raided.
*Visit follows Mercedes-Benz weekend parts price cuts. "We confirm that we are assisting the authorities in their investigation," Mercedes-Benz said in a statement, issued in response to a query from Reuters on whether the office had received anti-trust officials from the National Development and Reform Commission.
HONG KONG, Aug 5- China shares slipped off nearly eight-month highs on Tuesday, after a survey showed the country's services sector slowly sharply in July to its lowest level in nearly nine years.
BEIJING, Aug 5- Growth in China's services sector slowed sharply in July to its lowest level in nearly nine years, a private sector survey showed on Tuesday, indicating a recovery in the broader economy is still fragile and may need further government support.
*Greentown China plunges on profit warning. HONG KONG, Aug 5- Hong Kong and China shares slipped on Tuesday after a survey showed growth In China's services sector fell to a record low, with property developers the main underperformers.