The scandal surrounding Husi, which is owned by OSI Group of Aurora, Illinois, has alarmed Chinese diners.» Read More
*Qualcomm's Beijing headquarters raided in November. BEIJING, Feb 19- China's anti-monopoly regulator on Wednesday said Qualcomm Inc. was suspected of overcharging and abusing its market position, allegations which could see the U.S. chip giant hit with record fines of more than $1 billion.
SHANGHAI, Feb 19- Mainland stocks crept higher on Wednesday, as a fall in money market rates eased concern over monetary tightening, while Hong Kong shares slipped on profit-taking.
SYDNEY, Feb 19- Asian share markets were in hesitant mood on Wednesday as investors keep a wary eye on interest rates in China, though the euro left the dollar in its dust after more soft U.S. economic data. The action was light, with MSCI's broadest index of Asia-Pacific shares outside Japan barely changed and Australia up a slim 0.3 percent.
*Peugeot and Dongfeng to announce tie-up- sources. PARIS, Feb 18- PSA Peugeot Citroen and China's Dongfeng have agreed a 3 billion euro capital tie-up that buys the French carmaker more time to turn its business around, brings in new management and ends two centuries of family control.
*Heavy restocking seen in China, some gold scrap seen. LONDON, Feb 18- Net gold demand fell 15 percent in 2013 as huge outflows from physically backed investment funds outweighed record consumer demand but that disinvestment is tailing off this year, the World Gold Council said on Tuesday.
SHANGHAI, Feb 18- China's Dongfeng Motor Group Co Ltd and PSA Peugeot Citroen will agree on Tuesday to a capital tie-up as part of a broader 3 billion euro fundraising that will end the Peugeot family's control of the 200- year-old French carmaker, a source said.
HONG KONG, Feb 18- Shanghai shares fell from a two-month high on Tuesday, as China's central bank drained 48 billion yuan from the country's money market after data showed new loans surged in January to their highest in four years. The CSI300 of the leading Shanghai and Shenzhen A-share listings sank 1.3 percent.
SHANGHAI, Feb 18- China's yuan barely budged against the dollar on Tuesday, with caution over future prospects for emerging market currencies overshadowing positive foreign investment data.
HONG KONG, Feb 18- Shanghai shares fell from a two-month high early on Tuesday, weighing on Hong Kong stocks, after China's central bank drained 48 billion yuan from the country's money market. The People's Bank of China had drained 450 billion yuan last week as it continued to taper a pre- Lunar New Year cash injection.
LONDON, Feb 17- China is once again exerting a powerful gravitational pull on the global copper market. It's also a highly moot point as to whether China's renewed hunger for copper is being driven by manufacturing demand or financing demand. And as long as China gorges itself at the expense of the rest of the world, that tension is only likely to get worse.
HONG KONG, Feb 17- Shanghai shares closed at their highest in two months on Monday, led by strong gains for premium liquor producers that helped push the benchmark index into positive territory for the first time in 2014.. The CSI300 of the largest Shanghai and Shenzhen A-share listings rose 0.7 percent, but is still down 0.8 percent in 2014..
SHANGHAI, Feb 17- China's yuan climbed slightly against the dollar on Monday, following weakening in the dollar, with traders' predicting continued stability in the yuan in coming weeks. The People's Bank of China fixed the yuan's midpoint stronger at 6.1053, up 0.03 percent from Friday's 6.1070, in response to the dollar's 0.22 percent weakening last Friday.
*Daqin Railway sheds early gains despite policy news. HONG KONG, Feb 17- Hong Kong shares hit their highest in three weeks early on Monday, led by insurers which posted strong January premium growth and helped by robust China bank lending data.
HONG KONG, Feb 14- China shares closed at their highest in six weeks on Friday, led by strength in the healthcare sector that helped major benchmark indexes have their biggest weekly gains since September. The CSI300 of the leading Shanghai and Shenzhen A-share listings rose 0.7 percent on Friday and 3.8 percent this week.
*Yuan 0.02 pct firmer at 6.0625/ dlr. SHANGHAI, Feb 14- China's yuan edged higher against the dollar on Friday but remained comfortably within the past week's range, with traders reporting a match between supply and demand in the market. The People's Bank of China fixed the yuan 0.05 percent stronger on Friday at 6.1070.
*Melco Crown buoyed by solid Q4 result. HONG KONG, Feb 14- Hong Kong shares edged up but were off the day's highs by midday on Friday, with the Macau casino, Chinese Internet and healthcare sectors among prominent outperformers.
HONG KONG, Feb 13- China shares slipped for the first time in five days on Thursday, as weakness in the Chinese property sector ahead of more macroeconomic data offset strength for environmental-related sectors and Zijin Mining.
*Prada sinks after 2013 sales growth misses estimates. HONG KONG, Feb 13- Hong Kong shares slipped from three-week highs on Thursday, with index reviews driving major price moves and as investors took stock of recent robust gains ahead of more China data.
*No sign of heavy USD sales despite strong trade data. *Hot money inflows may have distorted trade data. SHANGHAI, Feb 13- China's yuan edged lower against the dollar on Thursday as traders reported lower-than-expected corporate dollar sales despite data showing an unexpectedly large trade surplus in January.
SINGAPORE, Feb 12- Chinese planemaker COMAC is learning the hard way as it tries to compete with heavyweights Airbus and Boeing in developing a narrow-body aircraft, apparently exposed to the perils of the supply chain and program management issues.