Microsoft has delayed the launch of its Xbox One game console in China. The company said it would be released by the end of the year.» Read More
SHANGHAI, April 11- Hong Kong shares fell on Friday with H-shares down sharply, as new rules allowing mainland and Hong Kong investors to invest in each other's markets led to a sell-off in dual-listed shares previously trading at premium to their mainland counterparts.
SHANGHAI, April 11- China's yuan held a flat tone for the week on Friday after the central bank set its guidance rate up 0.02 percent from Thursday's close, as markets digested economic policy statements from officials alongside uninspiring macroeconomic data.
SHANGHAI, April 11- China will ease restrictions on overseas investments by local firms and deals below $1 billion will no longer need approval, the country's economic planner said in another step to cut red-tape and facilitate the growth of private investment.
April 10- AlixPartners, a leading business turnaround advisory firm, sued two former managing directors on claims they breached employment contracts and stole trade secrets after they jumped to consulting firm McKinsey& Co..
April 10- AlixPartners, a leading business turnaround advisory firm, sued two former managing directors for breaching employment contracts and stealing trade secrets after they jumped to consulting firm McKinsey& Co..
*Boeing, Airbus to benefit from low cost carriers boom. BEIJING, April 10- The chairman of Spring Airlines requires his employees to use both sides of a sheet of paper before throwing it away and even removed most of the bulbs lighting the corridor to his office- all part of his quest to save money.
SHANGHAI, April 10- Hong Kong shares closed at their highest level in more than three months on Thursday, lifted by news that Beijing's securities regulator will allow cross-border stock investment between Hong Kong and Shanghai. The announcement also boosted mainland indexes, with the Shanghai composite index reaching a two-month high.
SHANGHAI, April 10- Hong Kong shares ended at their highest in more than three months on Thursday, after Beijing's securities regulator said it would allow cross-border stock investment between Hong Kong and Shanghai. The China Enterprises Index of the top Chinese listings in Hong Kong increased 0.4 percent.
*China copper imports jump 10.8 pct in March on month to 420,000 T. *China exports unexpectedly fall in March; imports weak. "NPI prices are going up in China and that's because of cost pressures the producers are facing with higher costs for their feeds," said Matt Fusarelli at AME Group in Hong Kong, referring to nickel pig iron, a cheaper substitute for refined nickel.
SHANGHAI, April 10- China shares hit their highest level in nearly two months after Beijing's securities regulator said it would allow cross-border stock investment between Hong Kong and Shanghai.
SHANGHAI, April 10- China's securities regulator and its Hong Kong counterpart said on Thursday they would allow mainland investors to trade shares in designated companies listed in Hong Kong, while letting Hong Kong investors buy selected Shanghai- listed shares.
*Hong Kong Jewellery down on weak earnings. SHANGHAI, April 10- Hong Kong stocks steadied at midday after early losses, while China shares listed in the territory drifted lower over more signs of a slowdown in the world's second-largest economy. The China Enterprises Index of the top Chinese listings in Hong Kong dropped 0.7 percent.
BEIJING, April 10- China's exports unexpectedly fell for the second straight month in March and import growth dropped sharply, intensifying concerns about weak manufacturing and slowing growth in the world's second-largest economy.
*Prices for stocks at China ports up more than 15 pct. HONG KONG, April 9- Producers of an alternative to refined nickel in China are expected to cut output as prices for ore imports have nearly doubled since end-February in the wake of a ban on shipments by top exporter Indonesia.
HONG KONG, April 9- China Vanke Co Ltd, the country's largest listed real estate developer, is looking to invest in property firms held by state-owned enterprises as Beijing gradually relaxes its hold on government assets. As part of the government's reform plans, Beijing has promised to allow more private participation in state-owned enterprises.
SHANGHAI, April 9- China shares ended at a new 7- week high on Wednesday, as certain tech stocks outperformed but profit-taking in banking shares weighed on index performance. Industrial Bank Co Ltd slid 0.6 percent, while China Minsheng Banking Corp Ltd and Ping An Bank Co Ltd shed 1.1 percent and 0.8 percent, respectively.
SHANGHAI, April 9- China's yuan rose for a second day on Wednesday after the central bank set the midpoint firmer, as traders and economists debate the near-term direction of the currency. The People's Bank of China set the midpoint at 6.1490 on Wednesday morning, 0.6 percent stronger than Tuesday's close.
SHANGHAI, April 9- Hong Kong shares extended gains from the previous day on increases in Tencent and casino shares as well as modest rises in mainland banking stocks, sending the Hang Seng Index to its highest intraday level since February. The China Enterprises Index of the top Chinese listings in Hong Kong gained 0.4 percent.
SHANGHAI/ HONG KONG, April 8- China's decision to partially relax mergers and acquisition rules in the insurance industry could see global insurance firms expand their footprint in the $288 billion market.
LONDON, April 8- Gold rose more than 1 percent on Tuesday as the dollar and equity markets fell on signs the European Central Bank may not recur to more stimulus, while renewed tensions in Ukraine kept risk appetite subdued. Gold futures for June delivery gained 1.1 percent to $1,311.90 an ounce.