Hackers working for China's army appear to have resumed their attacks on U.S. companies. The NYT reports.» Read More
*North Korea says nuclear test successful. SEOUL, Feb 12- North Korea conducted its third nuclear test on Tuesday in defiance of existing U.N. resolutions, angering the United States and Japan and prompting its only major ally, China, to call for calm.
SINGAPORE, Feb 12- London copper was stuck in a holding pattern on Tuesday with traders reluctant to take big positions due to a week-long holiday in top consumer China, with markets also largely shrugging off a nuclear test by North Korea.
*North Korea says nuclear test successful. *Test may backfire on new, young leader Kim Jong- un. SEOUL, Feb 12- North Korea conducted its third nuclear test on Tuesday in defiance of U.N. resolutions, angering the United States and Japan and likely to infuriate its only major ally, China, and increase penalties against Pyongyang.
SINGAPORE, Feb 12- London copper was stuck in a holding pattern on Tuesday with traders reluctant to take big positions due to a week-long holiday in top consumer China, while brightening economic prospects there and in the United States underpinned prices.
SINGAPORE, Feb 11- London copper edged down on Monday as the Lunar New Year holiday in much of Asia drained liquidity from the market, but prices were underpinned by robust Chinese trade data last week that showed demand growth reviving in the world's top metals consumer. *The Shanghai Futures Exchange is closed this week for the Lunar New Year.
*Risks overlooked at multinationals in China, experts say. NEW YORK/ HONG KONG, Feb 10- Tales of shady business practices abound in China- fake revenues, phony invoices, sham factories- but until recently, the problem seemed confined mostly to Chinese companies.
*China autos lifted by strong January sales. *China shippers aided by positive January trade data. Feb 8- China shares rebounded to near multi-month highs, which helped Hong Kong have a slim gain on Friday but couldn't stop it from having its worst week since November before the Lunar New Year break.
SHANGHAI, Feb 8- The yuan closed down slightly on Friday, reversing a midday gain as sluggish trading in the afternoon ahead of a long break next week offset a stronger midpoint set by the Chinese central bank and China's stronger-than-expected foreign trade in January.
Feb 8- Hong Kong shares inched higher on Friday with Chinese automakers strong after positive January sales data, but they still posted their worst week since November ahead of the Lunar New Year holiday. The China Enterprises Index of the top Chinese listings in Hong Kong shed 0.3 percent on the day and 4.6 percent this week.
Feb 8- China shares rebounded from Thursday's loss to hit new multi-month highs on Friday, led by automakers after strong January sales as investors also cheered positive trade data ahead of the week-long Lunar New Year holiday. The CSI300 of the top Shanghai and Shenzhen A-share listings ended up 0.4 percent on the day and 1 percent on the week at 2,771.7.
SHANGHAI, Feb 8- The yuan rose slightly on Friday after the Chinese central bank set a stronger midpoint that bucked the dollar's strength in global markets overnight but reflected China's much stronger-than-expected foreign trade in January.
Feb 8- China shares rose in choppy Friday trade ahead of the week-long Lunar New Year holiday, buoying slim Hong Kong gains, lifted by strength in the auto sector after strong January sales. The Hang Seng Index was up 0.1 percent, but the China Enterprises Index of the top Chinese listings in Hong Kong was down 0.4 percent.
*China exports, imports surge, surpass market expectations. SINGAPORE, Feb 8- London copper futures rose for the first time in four sessions on Friday after trade data from top consumer China confirmed signs of a strengthening economic recovery, suggesting its raw material demand will remain robust.
SINGAPORE, Feb 8- London copper futures ticked up on Friday, bouncing back after three days of losses ahead of data likely to show that imports by top copper consumer China may have recovered in January. *China's copper imports may have risen in January after falling in December although near-record stocks in Shanghai should keep any increase modest.
BEIJING, Feb 8- China's economic rebound should show signs of strengthening on Friday when the first hard economic numbers of the year are released, although distortions caused by the Lunar New Year holiday will make it difficult to gauge momentum.
*Emerging market SOEs pay 33 pct-- World Bank. SHANGHAI/ BEIJING, Feb 8- China's broad plan to address income inequality promises to extract higher dividends from profitable state-owned enterprises to finance a more generous social safety net.
*Volumes thin ahead of week-long Lunar New Year holiday. LONDON, Feb 7- Copper edged lower on Thursday, undermined by a weaker euro following comments by the head of the European Central Bank, but volumes were thin ahead of the Lunar New Year holiday in top metals consumer China.
LONDON, Feb 7- Copper was steady on Thursday, supported by a weaker dollar but volumes were thin ahead of a week-long Lunar New Year holiday in top metals consumer China.
*Volumes thin ahead of week-long Lunar New Year holiday. LONDON, Feb 7- Copper was flat on Thursday as investors awaited the outcome of a central bank policy meeting in Europe, and volumes were thin before a week-long Lunar New Year holiday in top metals consumer China.
SHANGHAI, Feb 7- The yuan closed little changed versus the dollar on Thursday in moderate volume after the central bank guided the currency weaker as the official Spring Festival holiday approaches. The midpoint inversely tracked the dollar index, which rose in overnight trade as investors awaited central bank policy meetings in Europe and Britain.