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Hackers working for China's army appear to have resumed their attacks on U.S. companies. The NYT reports.
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SHANGHAI, Jan 14- China's yuan hit a record high for a second straight trading day on Monday as the dollar index continued to slide against a bullish euro. Trading volumes were strong, with more than $10 billion worth of transactions posted by noon.
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*Higher global supply, soft China demand to keep copper in ranges. SINGAPORE, Jan 14- London copper futures edged higher on Monday, bouncing back from losses in the previous session amid a softer dollar, but a shaky demand outlook from the world's top copper consumer China capped gains.
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SINGAPORE, Jan 14- London copper futures edged higher on Monday, bouncing back after losses in the previous session, although a shaky outlook for demand from the world's top copper consumer China could limit gains.
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LONDON, Jan 11- Global investors seem happy to slip back into riskier waters of emerging market equities once again but it's a step-by-step process and ways of staying in the shallows are still being sought by many.
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SHANGHAI, Jan 11- China's yuan surged to a record high on Friday after the dollar slumped against the euro and as the central bank signalled increasing tolerance for appreciation amid strong export and inflation data.
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*Higher-than-expected China inflation tempers easing hopes. HONG KONG, Jan 11- Mainland Chinese shares suffered their worst day in nearly four months on Friday, dragging Hong Kong into the red, after December inflation data came in higher than expected, crimping hopes of fresh monetary easing to nurse China's economic recovery.
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BEIJING, Jan 11- China's annual consumer inflation rate quickened to a seven-month high of 2.5 percent in December on rising food prices, ahead of expectations and narrowing the scope for the central bank to boost the economy by easing monetary policy.
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HONG KONG, Jan 11- Hong Kong shares reversed gains on Friday after higher-than-expected China inflation triggered profit taking in recent outperformers, snapping a two-week winning streak in the process.
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MELBOURNE, Jan 11- London copper inched down on Friday from a one-week high hit in the previous session after China's export demand improved in December, while a slightly stronger dollar weighed.
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HONG KONG, Jan 11- China shares posted their worst daily loss in nearly four months on Friday, snapping a five-week winning streak after higher-than-expected December inflation crimped expectations for further monetary easing. The CSI300 of the top Shanghai and Shenzhen A-shares closed down 1.9 percent on the day and 1.6 percent on the week at 2,483.2 Points.
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*Higher-than-expected inflation tempers China easing hopes. *China autos strong, 2013 improvement expected.
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*MSCI Asia ex- Japan slips from near highest since Aug 2011. TOKYO, Jan 11- Asian shares fell on Friday as a pick-up in Chinese inflation prompted profit taking but underlying sentiment was supported by an improving outlook for global economies, while the yen slid on renewed expectations for bold monetary easing in Japan.
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SHANGHAI, Jan 11- China's yuan surged to a record high on Friday after the dollar slumped against the euro and the central bank signalled increasing tolerance for appreciation amid strong export and inflation data.
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*China to target 8.5 trln yuan in local-currency loans in 2013. *To target M2 growth of 13 pct- China Securities Journal. SHANGHAI, Jan 11- Beijing will target 8.5 trillion yuan in new local-currency loans in 2013 and 13 percent annual growth in the broad money supply, the official China Securities Journal reported, citing anonymous regulatory sources.
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MELBOURNE, Jan 11- London copper rallied on Friday to near a one-week high hit the session before after China's export demand improved in December, while dollar weakness also helped after the European Central Bank gave no indication of further rate cuts.
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China's harshest winter in nearly three decades has hit iron ore output and driven up prices just as demand from steel mills revives in a resurgent economy. Imports are at record levels.
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*Up to 15 pct of China's iron ore mines stay shut. SINGAPORE/ SHANGHAI, Jan 11- China's harshest winter in nearly three decades has hit iron ore output and driven up prices just as demand from steel mills revives in a resurgent economy.
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*China airlines lifted by Citi upgrade. HONG KONG, Jan 10- Hong Kong shares posted their best day in a week on Thursday, with Aluminum Corporation of China leading gains among growth-sensitive counters after data showing a far stronger than expected trade performance by China in December.
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SHANGHAI, Jan 10- Apple Inc's Chief Executive Tim Cook met with China Mobile's Chairman Xi Guohua on Thursday to discuss "matters of cooperation," a China Mobile spokesman said, raising hopes that a deal between the two tech giants may move forward. "In the morning, Apple's CEO Tim Cook visited China Mobile's headquarters.
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HONG KONG, Jan 10- Hong Kong shares had their best daily gain in a week on Thursday, helped by growth-sensitive counters after data showing a far stronger than expected trade performance by China in December. The China Enterprises Index of the top Chinese listings in Hong Kong climbed 1 percent.