Last June, an affiliate of the Chinese e-commerce giant Alibaba made an offer to its hundreds of millions of users: Give us your cash, and we will pay more than Chinese banks wil» Read More
*China swings to trade deficit in February, exports tumble. *China copper imports fall 30 pct in Feb vs Jan. LONDON, March 10- London copper hit an eight-month low on Monday and Shanghai contracts dropped by the 5 percent daily limit, fanned by fears over the unwinding of copper finance deals in China after its first domestic bond default last week.
*Copper, oil hit by China, stronger US jobs knocks gold. LONDON, March 10- World stocks paused near a six-year peak and commodities from copper to crude tumbled on Monday as surprisingly weak Chinese trade data rattled investors already on edge over the crisis in Ukraine.
*Shanghai copper down 5 pct, Dalian iron ore off nearly 6 pct. SINGAPORE, March 10- Copper sank to 8-1/ 2 month lows on Monday, dropping steeply for a second session, while oil lost more than a dollar and Shanghai- traded commodities slumped after a surprise fall in China's exports heightened fears of an economic slowdown.
HONG KONG, March 10- China's CSI300 share index sank to a five-year closing low on Monday, dragged down by financials after tepid economic data reignited fears of a bigger slowdown in the world's second-largest economy. The CSI300 of the largest Shanghai and Shenzhen A-share listings dived 3.3 percent, hitting its lowest close since Feb. 2, 2009.
HONG KONG, March 10- China's CSI300 share index extended losses in afternoon trade on Monday, dragged down by financials after tepid economic data reignited fears of a bigger slowdown in the world's second-largest economy.
*Cyclicals lead selloff after weak China data stokes slowdown fears. HONG KONG, March 10- China's CSI300 index slid to its lowest in nearly nine months early Monday, weighing on Hong Kong markets, after data showed exports unexpectedly tumbled in February, reigniting some fears of a slowdown in the world's second-largest economy.
*Gold falls for second session on US jobs data. SINGAPORE, March 10- Gold extended losses to a second session on Monday after strong U.S. jobs data eased worries of an economic slowdown and dimmed the metal's safe-haven appeal. "Gold is being pushed lower on the nonfarm numbers and higher 10- year U.S.
*Copper has lost almost 5 pct on China demand worries. LONDON, March 7- Copper fell to its lowest level in more than three months on Friday on concerns about slower economic growth in top consumer China as Beijing shifts to a consumption-driven expansion which would curb its demand for the industrial metal.
SHANGHAI, March 7- China recorded its first domestic bond default as expected on Friday when loss-making solar equipment producer Chaori Solar missed an interest payment, setting a landmark for market discipline in the world's second-largest economy.
HONG KONG, March 7- China shares ended a jittery week with a whimper on Friday, with a slip by financial and property stocks as investors braced for a possible bond default by Chinese solar equipment producer Chaori Solar. The CSI300 of the largest Shanghai and Shenzhen A-share listings shed 0.2 percent on the day and 0.5 percent on the week.
SHANGHAI, March 7- China's yuan edged higher against the dollar on Friday for the fourth straight session after the central bank set another stronger midpoint, but the momentum appeared to be slowing, traders said.
SHANGHAI, March 7- China's first domestic bond default looked set to occur as expected on Friday as there was no sign of a last-minute bailout for solar equipment producer Chaori Solar, an event seen as a landmark for market discipline in the world's second-largest economy.
*Investors cheer Sinopec chairman comments, lift PetroChina too. HONG KONG, March 7- Chinese oil giants Sinopec and PetroChina outperformed the broader Hong Kong and China stock markets early on Friday, on hopes that both companies will be beneficiaries of policy reforms at the ongoing National People's Congress.
SHANGHAI, March 7- The threat of China's first domestic bond default has prompted Suining Chuanzhong Economic Technology Development to delay a one billion yuan debt issue and two other companies have halted deals blaming market volatility.
By Clare Jim and Yimou Lee. HONG KONG, March 7- The days of Chinese developers snatching up premium properties with record-breaking offers are coming to an end as cooling measures bite and sale prices are squeezed, ending the reign of a handful of "land kings" in the world's second-largest economy.
BEIJING, March 6- China's Juneyao Group, which operates an airline based in the eastern city of Shanghai, is in talks with planemakers Boeing and Airbus to order more than 20 planes, its chairman said on Thursday. The chairman, Wang Junjin, said the planes would be used for a budget carrier Juneyao plans to set up in the near future.
HONG KONG, March 6- China shares ended higher on Thursday, erasing early losses on strength in property stocks as investors cheered news reports that raised hopes steps will be taken to limit mainland home-price declines.
SHANGHAI, March 6- China's yuan strengthened for a third straight session on Thursday as corporate dollar sales dominated amid signs that the central bank was staying on the sidelines, allowing the Chinese currency to recover from its recent weakness.
*Tencent hits record after China Unicom cooperation agreement. HONG KONG, March 6- China shares fell to their lowest levels in a week early Thursday, then rebounded and boosted Hong Kong markets as property stocks gained on hopes steps will be taken to limit mainland home-price declines.
*Default positive for rational risk pricing in China- analysts. The warning by Shanghai Chaori Solar Energy Science and Technology Co Ltd highlights rising credit risk in China, where a massive run-up in corporate debt since 2008- and overcapacity in sectors such as steel, coal and solar- have threatened the solvency of many borrowers.