More urban refugees in China including bourgeois bohemians, called "bobos," are staking out greener lives, the New York Times reports.» Read More
SINGAPORE, June 17- London copper rose more than one percent on Monday, following its steepest weekly decline in two months last week, as shorts covered ahead of this week's key Federal Reserve meeting that should provide greater clarity on monetary policy.
HONG KONG, June 17- Hong Kong shares could start weaker on Monday, tracking Wall Street losses as investors await the outcome of a policy meeting of the U.S.
PARIS, June 14- LVMH will throw open the doors of its Louis Vuitton workshops and Hennessy cognac cellars at the weekend in the latest salvo of an advertising war among luxury groups to show off the craftsmanship behind their brands.
*HSI +0.4 pct, H-shares -0.2 pct, CSI300 +0.7 pct. HONG KONG, June 14- Hong Kong shares rebounded from multi-month lows on Friday, led by high yielding stocks including the property sector, even though they ended the week lower for a fifth time in a row.
SHANGHAI, June 14- China's yuan closed slightly higher on Friday, despite another record-high midpoint setting the currency's recent rally is nearly over. The People's Bank of China fixed the midpoint at 6.1607 per dollar, up 0.01 percent from Thursday's record high.
HONG KONG, June 14- Hong Kong shares rose on Friday as investors piled into high yielding counters that had been battered in recent days, but still ended the week lower for a fifth consecutive time. The Hang Seng Index climbed 0.4 percent to 20,969.1 after closing on Thursday at its lowest since October.
HONG KONG, June 14- China shares rebounded from six-month lows on Friday, led by technology and pharmaceutical counters in trading volumes that were weak as money rates stayed tight. The CSI300 of the leading Shanghai and Shenzhen A-share listings ended up 0.7 percent to 2,416.8 points, while the Shanghai Composite Index inched up 0.6 percent.
SHANGHAI, June 14- China's yuan was little changed on Friday, despite another record-high midpoint setting that the yuan's recent rally is nearly over. The People's Bank of China fixed the midpoint at 6.1607 per dollar, up 0.01 percent from Thursday's record high.
*HSI +1.0 pct, H-shares +0.5 pct, CSI300 +0.4 pct. HONG KONG, June 14- Hong Kong shares rebounded on Friday from an eight-month closing low the previous day, led by high yielding counters recently battered by worries that the U.S.
SINGAPORE, June 14- Gold extended losses into a second session on Friday as strong U.S. data stoked uncertainty over the outlook for the Federal Reserve's massive bond-buying stimulus. Bullion, down 17 percent for the year, has been hit by investor outflows in gold exchange traded funds and signs of softening demand in key buyers India and China. "
*China bonded premiums rise $10 to $150- $160 from late May-SMM. SINGAPORE, June 14- London copper climbed on Friday as some traders covered short positions, but remained on track to close down for a second straight week on worries over tepid Chinese demand growth and an early end to easy monetary policy by global central banks.
With flagging sales in their mainland stores and increasingly price savvy consumers, luxury retailers are taking a lead from casinos' play books by offering junkets in their Hong Kong stores.
China's central bank has been talking tough on currency reform while it has also intensified market intervention, highlighting the fine line it must walk in trying to liberalize the yuan.
Cheap neighborhoods in China are being cleared as part of a "urbanization" campaign. But in an ironic twist, the clearance of these "villages within cities" removes cheap housing for the very people targeted to fuel that migration.
Fears in China are rife that pollution is out of control after 6,000 dead pigs were cleared from a Shanghai river.
Jim Awad, Chairman at Plimsoll Mark Capital explains why investors should buy Chinese companies in Singapore and Hong Kong rather than their U.S-listed counterparts.
China's plans to unlock what could be the world's biggest shale gas reserves risk running further off track after 16 firms recently awarded exploration rights lacked one core skill - not one has drilled a gas well before.
Tao Wang, Head of China Economic Research at UBS Securities expects China CPI to slip below 3% in March. She believes government restructuring should pave the way for infrastructure investment.
China Vanke, the country's biggest real estate developer, said it's looking to extend its foreign investment drive beyond the high-end U.S. market, as Beijing weighs new measures to cool mainland property prices.
China's property market is rife with speculation - both about rising house prices and about what the new government may do to curb them.