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
*C.bank may let yuan depreciate to 6.25/ dollar- traders. SHANGHAI, March 31- China's yuan closed weaker against the dollar on Monday and posted its second-biggest monthly loss on record as the central bank kept up strong pressure on speculators and sought to curb hot money inflows.
SHANGHAI, March 31- China shares closed down 0.4 percent on Monday, reversing gains in the morning session as investors continued to sell off shares in companies linked to the Shanghai free trade zone after strong gains the previous week.
*Rongsheng posts 2013 net loss of $1.4 billion. *Ship orders were worth $726 mln vs target of $1.8 bln. HONG KONG, March 31- China's biggest private shipbuilder, China Rongsheng Heavy Industries Group, posted a second straight annual loss as new orders were less than half its target, and is in talks with banks about loan repayments.
BEIJING, March 31- Hong Kong shares edged up on Monday as a selloff in energy and manufacturing heavyweights on disappointing earnings was offset by strength in gaming stocks before the release of monthly Macau gambling revenue figures.
SHANGHAI, March 31- Chinese fund managers increased their suggested equity allocation for the next three months, after recommendations hit a 10- month low in February, although sentiment remains lukewarm as concerns about China's economy grow, according to a Reuters poll.
*C.bank may let yuan depreciate to 6.25/ dollar- traders. SHANGHAI, March 31- China's yuan eased against the dollar on Monday after the central bank fixed its official mid-point at a six-month low for the second straight trading day, putting it on course for its second-biggest monthly loss on record.
*Investigation into Zhou Yongkang has broadened in past four months. BEIJING, March 30- Chinese authorities have seized assets worth at least 90 billion yuan from family members and associates of retired domestic security tsar Zhou Yongkang, who is at the centre of China's biggest corruption scandal in more than six decades, two sources said.
SHANGHAI, March 28- China shares closed down on Friday, as gains from major index heavyweights were offset by a sell-off in tech shares as investors booked profits on worries that their recent stellar performance may be coming to an end. Investors also continued to desert Kweichow Moutai Co Ltd, with the stock losing 3.2 percent.
*Asian shares supported by reports Beijing to accelerate spending. SYDNEY, March 28- The euro was wallowing near three-week lows in Asia on Friday as speculation intensified that the European Central Bank might ease policy further, while reports Beijing would fast track infrastructure spending supported Asian shares.
SHANGHAI/ HONG KONG, March 28- Hong Kong shares produced a solid gain early Friday, lifted by the financial sector on strong bank earnings, while mainland index edged up, held down by falls in tech stocks. The China Enterprises Index of the top Chinese listings in Hong Kong rose 1.6 percent.
BEIJING, March 28- China's Premier Li Keqiang sought to reassure jittery global investors that Beijing was ready to support the cooling economy, saying the government had the necessary policies in place and would push ahead with infrastructure investment.
HONG KONG, March 28- China's yuan held steady against the dollar on Friday, even though the central bank set the weakest midpoint in six months, as traders were puzzled about which direction the Chinese currency would move next. The People's Bank of China set the yuan mid-point at 6.1490, down 0.04 percent from the previous day's 6.1465.
*Asian shares supported by speculation of China stimulus. SYDNEY, March 28- The euro was wallowing near three-week lows in Asia on Friday as speculation intensified that the European Central Bank might ease policy further, while similar hopes of stimulus in China gave a fillip to Asian shares.
HONG KONG, March 27- China COSCO Holdings returned to profit in 2013 thanks to investment gains from asset disposals during a global shipping downturn, avoiding a possible delisting after losses in the two previous years.
SHANGHAI, March 27- China's biggest automaker SAIC Motor Corp forecast revenue growth would halve in 2014 from last year to about 8 percent and warned a recovery in the industry remained fragile due to overcapacity and cut-throat competition.
SHANGHAI/ HONG KONG, March 27- China's biggest banks showed milder-than-expected signs of financial stress from loan defaults and shrinking profit margins, cheering investors even as the lenders this week posted their slowest profit growth since they became listed.
LONDON, March 27- Emerging currencies held near multi-week highs to the dollar on Thursday, buoyed by Chinese stimulus hopes and stable U.S. yields, while Ukrainian bond prices surged to two-month highs on news of a $14- $18 billion IMF loan.
BEIJING, March 27- China and Hong Kong indexes had a bumpy ride on Thursday, with tech shares taking hits after a weak New York debut by gaming firm King Digital Entertainment Plc highlighted investor concerns that the sector was overpriced.
SHANGHAI, March 27- China shares shed gains in late trading on a see-saw Thursday, ending down after though banking stocks rose for much of the afternoon on rumours the central bank may cut its reserve requirements. Minsheng Bank rose 3.6 percent, and Shanghai Pudong Development Bank Co Ltd 1.2 percent.
*China tech stocks spooked by losses in U.S. tech sector. SYDNEY, March 27- Asian markets were in skittish mood on Thursday following a soft finish on Wall Street and amid simmering tensions over Ukraine, while Chinese tech stocks took a tumble in sympathy with their U.S. counterparts.