Francis Cheung, Head of China and Hong Kong Strategy at CLSA, highlights the equities that are poised to benefit from the Shanghai-Hong Kong stock connect.» Read More
SYDNEY, Sept 9- The U.S. dollar held on to broad-based gains in Asia on Tuesday in a boon for shares of Japanese exporters but a burden for oil, gold and stocks in the energy majors. A break there would put it on ground last trod in July 2008.
SHANGHAI, Sept 9- China shares fell slightly by midday on Tuesday, reversing gains after rising for six straight sessions, on expectation that data this week will add to worries over the economy. The CSI300 of the leading Shanghai and Shenzhen A-share listings was down 0.3 percent after hitting a nine-month closing high on Friday.
SHANGHAI/ WASHINGTON, Sept 9- A U.S. anti-bribery probe into GlaxoSmithKline Plc touched on the firm's Chinese consumer healthcare business in 2012, internal documents show, suggesting the drugmaker's compliance problems in China could go wider than previously revealed.
SHANGHAI, Sept 9- China's yuan strengthened to a six-month high against the dollar on Tuesday after the central bank set a sharply stronger midpoint even amid worries that the economy is slowing.
SYDNEY, Sept 9- The U.S. dollar was holding broad-based gains in Asia on Tuesday in a boon for shares of Japanese exporters but a burden for oil, gold and stocks in the energy majors. According to Nomura Securities, a fall of 1 yen against the dollar boosts aggregate operating profits at Topix firms by 300 billion yen.
SYDNEY, Sept 9- The U.S. dollar was holding broad-based gains in Asia on Tuesday in a boon for shares of Japanese exporters but a burden for oil, gold and stocks in the energy majors. Markets elsewhere in the region were steady with MSCI's broadest index of Asia-Pacific shares outside Japan down a slight 0.1 percent.
LONDON, Sept 8- Everyone knew this was going to be a difficult year in the iron ore market. Expansions by existing producers such as Rio Tinto and BHP Billiton and ramp-ups by newer players in Australia and West Africa were widely expected to generate a wall of supply in the sea-borne market.
The China Enterprises Index of the leading offshore Chinese listings in Hong Kong rose 0.4 percent to its highest close in nine months. Hong Kong will be shut on Tuesday for the same holiday.
*Copper shipments steady, crude oil imports rise. *China steel mills have been slashing output. China's economy has had a bumpy ride this year.
BEIJING, Sept 8- China's import growth unexpectedly fell for the second consecutive month in August, posting its worst performance in over a year and stoking speculation about whether authorities should loosen policy further to revive domestic demand.
BEIJING, Sept 8- China's exports rose more than forecast in August while imports unexpectedly fell, pushing the trade surplus to a record high for the second consecutive month and underlining the challenges facing policymakers as they struggle to revive tepid domestic demand.
HONG KONG, Sept 8- When stock researcher Anonymous Analytics accused China's Tianhe Chemicals last week of doctoring the books ahead of a Hong Kong IPO, it was pitting itself against one of Asia's top private equity firms, Morgan Stanley Private Equity Asia.
Then came designers born in Asia but trained in the United States, such as Jason Wu, whose styles have been worn by first lady Michelle Obama. He is opening a New York shop in October.
The aggressive shift sent short-term bond yields into negative territory in Germany, France, the Netherlands and Austria, giving investors an overwhelming incentive to sell euros for higher-yielding assets elsewhere.
HONG KONG, Sept 5- China shares rose for a sixth straight day, with port stocks leading Friday's gains thanks to Chinese government's plans to support the shipping industry. Ningbo Port surged the maximum allowed 10 percent and Tianjin Port Holdings rose 2.8 percent after China published a set of guidelines to support and develop its shipping industry.
HONG KONG, Sept 5- China shares rose for a sixth straight day on Friday, with port stocks leading gains, while the Hong Kong market was hurt by profit-taking. By midday, the Hang Seng Index edged down 0.3 percent at 25,231.27 points. The China Enterprises Index of the top Chinese listings in Hong Kong fell 0.4 percent.
SHANGHAI, Sept 5- China's yuan declined against the dollar on Friday due to a weaker midpoint fix and is set to end flat for the week, as markets await the release of August trade data. On Friday, the People's Bank of China set the midpoint rate at 6.1707 per dollar, down 0.07 percent from the previous fix, reflecting the sharp rise of the U.S. index on Thursday.
HONG KONG, Sept 4- China shares rose for a fifth straight day on Thursday, boosted by strength in real estate developers after Reuters reported Beijing is relaxing financing rules for listed property firms.
SHANGHAI, Sept 4- China's stock indexes rose for a fifth straight day on Thursday, boosted by strength in property shares after Reuters reported Beijing was relaxing financing rules for listed property firms. "This news did support property shares," said Du Changchun at Northeast Securities in Shanghai.
SHANGHAI, Sept 4- A Chinese anti-monopoly team visited medical devices and semi-conductor firms in Shanghai at the start of September, the country's Ministry of Commerce said in a statement on Thursday, without making clear the purpose of the visit.