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With flagging sales in their mainland stores and increasingly price savvy consumers, luxury retailers are taking a lead from casinos' play books by offering junkets in their Hong Kong stores.
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*China's April consumer inflation rises, producer prices dip. SINGAPORE, May 9- London copper slid more than 1 percent on Thursday, taking a breather after climbing to its highest in more than three weeks in the previous session on expectations of higher demand from top importer China following stronger trade numbers.
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*Yuan gains 0.1 pct to record-high 6.1336/ dlr. *Yuan has hit record high for 7 of last 10 sessions. SHANGHAI, May 9- China's yuan advanced to another record high on Thursday, with traders expressing surprise at the resilience of corporate yuan demand and the central bank's willingness to permit additional appreciation.
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SHANGHAI, May 9- China's biggest listed steelmaker, Baoshan Iron& Steel, will cut its main steel product prices for June bookings, its first reduction in nine months, underscoring demand worries amid a fragile economic recovery.
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BEIJING, May 9- China's annual consumer inflation quickened to 2.4 percent in April from March's 2.1 percent due to higher food costs, data showed on Thursday, above market forecasts and limiting room for loosening monetary policy to support sputtering economic growth.
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SINGAPORE, May 9- London copper edged lower on Thursday, giving up gains from the previous session when it climbed to a more than three-week high on a string of promising data that revived hopes for global economic growth. Shanghai copper futures jumped 1 percent, tracking Wednesday's gains in the London market.
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SHANGHAI, May 8- China's central bank signalled on Wednesday it was prepared to change its monetary strategy to fend off inflows of speculative capital, as Beijing struggles to control a tide of cash washing in from overseas markets.
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*China trade data beats expectations, but scepticism lingers. *Zoomlion surges on China excavator sales improvement. HONG KONG, May 8- Shares in Hong Kong rose for a fourth session on Wednesday while mainland China markets also extended gains, buoyed by robust Chinese trade performance in April that came ahead of other economic data due this week.
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*India's top copper smelter to stay shut until May 14. SINGAPORE, May 8- London copper rose more than 1 percent on Wednesday to trade close to a three-week high as strong Chinese data fuelled hopes that an improvement in the world's second-biggest economy would spur demand.
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HONG KONG, May 8- Hong Kong shares rose for the fourth straight session on Wednesday after robust Chinese April trade data trumped expectations, helping extend a rally in growth-sensitive counters ahead of more data due later in the week. The Hang Seng Index ended up 0.9 percent at 23,244.4 points, its highest close since Feb. 20.
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SHANGHAI/ BEIJING, May 8- China's crude oil and iron ore imports rose for a second consecutive month in April as cheaper overseas prices encouraged stockpiling, and improving seasonal demand gave a slight boost to steel makers' appetite for ore.
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HONG KONG, May 8- China shares extended their winning streak on Wednesday after robust April trade data, but finished off the day's highs, with SAIC Motor leading index gains after positive April sales. The CSI300 of the leading Shanghai and Shenzhen A-shares listings closed up 0.5 percent for its fifth-straight daily gain.
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*Zoomlion surges on China excavator sales. HONG KONG, May 8- Hong Kong shares were headed for a fourth-straight gain on Wednesday, while onshore China markets also extended a similar winning streak after robust Chinese April trade data helped extend a rally in growth-sensitive counters.
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SINGAPORE, May 8- London copper futures edged higher on Wednesday, trading close to a three-week high as strong Chinese data fuelled hopes that an improvement in the world's second biggest economy would spur demand.
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SHANGHAI, May 8- China's yuan marched to a record high on Wednesday after trade data showed export growth beating expectations, reviving suspicions that firms are manipulating trade invoices in order to skirt China's capital controls and bet on yuan appreciation.
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HONG KONG, May 8- China's copper arrivals fell 7.4 percent in April from a month ago to hit a 22- month low, hit by port strikes in Chile and delays to shipments after the closure of India's top smelter.
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*Net gold flows to China from Hong Kong hit record in March. China is the world's second largest buyer after India, and in both countries the steep fall in international gold prices in April unleashed years of pent up demand for coins, bars and jewellery.
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SINGAPORE, May 8- London copper futures edged higher on Wednesday, while the Shanghai market was little changed in cautious trade ahead of China's April trade data, which will give evidence about growth in the world's second largest economy.
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SINGAPORE, May 8- London copper futures edged higher on Wednesday, while the Shanghai market was little changed in cautious trade ahead of China's April trade data, which will give evidence about growth in the world's second largest economy.
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SHANGHAI, May 8- China's average daily crude steel output hit a record high of 2.129 million tonnes over April 21-30, up 0.6 percent from the preceding ten days, data from the China Iron& Steel Association showed on Wednesday.
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May 8- Chinese newspapers available in Beijing and Shanghai carried the following stories on Wednesday.