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  • *Gold fell 2.4 pct in March, second monthly loss. LONDON, April 1- Gold eased on Wednesday after ending March down more than 2 percent, as the dollar edged higher and as expectations that U.S. interest rates will rise this year weighed on the metal. Gold is particularly sensitive to shifts in U.S. interest rates, which also move the dollar, in which the metal is priced.

  • *Companies struggling in China and much of Asia. April 1- Companies struggled in China and much of the rest of Asia in March, suggesting central banks may have to resort to more stimulus, just as factories in the euro zone begin to reap rewards from ultra-easy policy there. But three separate surveys of China's factory and services sectors released on Wednesday...

  • Gloomy China, Japan data add to pressure for stimulus Wednesday, 1 Apr 2015 | 5:36 AM ET

    BEIJING— China and Japan reported gloomy industrial data Wednesday, adding to pressure on leaders of the world's second- and third-largest economies to launch new stimulus. Both China and Japan are relying on U.S. demand and a strong dollar to offset internal problems. The surveys by HSBC Corp. and an industry group, the China Federation of Logistics and...

  • Upbeat European data prompts stock market turnaround Wednesday, 1 Apr 2015 | 2:42 AM ET

    TOKYO— Asian stock markets mostly sagged Wednesday as China's manufacturing remained weak in February and a Japanese central bank survey showed businesses are wary about the economic outlook. But Hong Kong's Hang Seng index rose 0.7 percent to 25,074.61 and the Shanghai Composite Index added 1.4 percent to 3,799.64 on speculation authorities will do more...

  • April 1- Companies struggled in China and much of the rest of Asia in March amid persistently weak domestic and global demand, suggesting that policymakers may have to resort to more stimulus to spur growth. The official Purchasing Managers' Index ticked up to 50.1 in March from 49.9 in February, but a separate private survey from HSBC which focuses on small and...

  • Surveys show China manufacturing weak in February Tuesday, 31 Mar 2015 | 10:39 PM ET

    BEIJING— China's manufacturing was lackluster in February and industrial employers shed more jobs, two surveys showed Wednesday, adding to pressure on Beijing to shore up weakening growth in the world's second-largest economy. HSBC's monthly manufacturing index, which is based on a survey of factory purchasing managers, fell to 49.6 from 50.7 in January on a...

  • SHANGHAI, April 1- CHINA HSBC MARCH FINAL MANUFACTURING PMI 49.6. The final HSBC/ Market China Manufacturing Purchasing Managers' Index came in at 49.6, slightly higher than a preliminary "flash" reading of 49.2 but still below the 50- mark which separates contraction from expansion. Meanwhile, company downsizing contributed to a further decline in...

  • SAN FRANCISCO, March 31- The United States feels China's yuan does not yet meet the standards for inclusion in the International Monetary Fund's basket of global currencies, Treasury Secretary Jack Lew said on Tuesday. Lew said that China had more work to do. Lew, who was returning from a trip to Beijing where he met with Chinese officials, repeated the U.S. view that...

  • SAN FRANCISCO, March 31- The United States feels China's yuan does not yet meet the standards for inclusion in the International Monetary Fund's basket of global currencies, Treasury Secretary Jack Lew said on Tuesday. Lew said that China had work to do to meet the standards for inclusion. Lew, who was returning from a trip to Beijing where he met with Chinese...

  • ATHENS, Greece— Greece's new government disagrees with sanctions against Russia, and wants to boost trade ties with the country, Prime Minister Alexis Tsipras said before a visit to Moscow next week. The U.S. and the EU imposed crippling economic sanctions against Russia over its annexation of Ukraine's Crimean Peninsula and support for an insurgency in...

  • *Shanghai, Hong Kong stocks lead on stimulus hopes. LONDON, March 30- Shares rose on Monday with Asian stocks buoyed by hopes for stimulus to boost China's economy, but the euro slipped on renewed concern about Greece's finances. Earlier, Chinese stocks surged to seven-year highs, helped by Beijing's unveiling of an ambitious plan to build a modern Silk Road to...

  • *Shanghai, Hong Kong stocks lead on stimulus hopes. Chinese stocks surged to seven-year highs, helped by Beijing's unveiling of an ambitious plan to build a modern Silk Road to Europe and Africa and signs from People's Bank of China Governor Zhou Xiaochuan that added to expectations of more monetary policy easing. "China's economy is under relatively big...

  • BEIJING, March 30- Activity in China's factory sector likely contracted for a third straight month in March, a Reuters poll showed, reinforcing expectations that Beijing will have to step up policy easing to support economic growth that may be on the verge of dipping below 7 percent. The flash HSBC/ Markit PMI released last week showed factory activity...

  • PBoC Governor calls for vigilance on deflation Sunday, 29 Mar 2015 | 1:05 AM ET

    China's central bank governor Zhou Xiaochuan warned on Sunday that the country needs to be vigilant for signs of deflation.

  • BOAO, China, March 29- China's central bank governor Zhou Xiaochuan warned on Sunday that the country needs to be vigilant for signs of deflation and said policymakers were watching slowing global economic growth and declining commodity prices. "Inflation in China is also declining. Last week, Zhou said China could undermine structural reforms if it adopts an...

  • China c.bank governor calls for vigilance on deflation Saturday, 28 Mar 2015 | 11:40 PM ET

    BOAO, China, March 29- China's central bank governor Zhou Xiaochuan warned on Sunday that the country needs to be vigilant for signs of deflation and said policymakers were watching the downward trend of the global economy and declining commodity prices. Zhou was speaking at a high-level forum in Boao, on the southern Chinese island of Hainan.

  • US Treasury's Lew to press China on yuan: officials Friday, 27 Mar 2015 | 11:34 PM ET

    U.S. Treasury Secretary Jack Lew will press Chinese officials next week to adopt a more market-determined exchange rate policy, Treasury officials said on Friday.

  • DIARY- Top Economic Events to April 10 Friday, 27 Mar 2015 | 8:01 PM ET

    STONE MOUNTAIN, United States- Federal Reserve vice chair Stanley Fischer speaks at dinner before the 2015 Financial Markets Conference hosted by the Federal Reserve Bank of Atlanta- 2315 GMT. RICHMOND, United States- Federal Reserve Bank of Richmond President Jeffrey Lacker speaks on "Economic Outlook, March 2015" before the Greater Richmond Chamber of...

  • China's yuan was devalued sharply in the 1990 s and for years China intervened heavily in exchange markets to keep it weak, raising complaints from U.S. manufacturers. Since 2005, China has let its currency appreciate by about 25 percent, and the Treasury officials repeated statements made in February that China recently appeared to be intervening a lot less.

  • With big projects, Ethiopia shedding famine stereotype Friday, 27 Mar 2015 | 11:52 AM ET

    ADDIS ABABA, Ethiopia— Ethiopia's planned new airport on the outskirts of the capital is still years from becoming a reality but Tewodros Dawit can already envision how grand it will look. Britain, long a source of charitable aid for Ethiopia, announced last month that Ethiopia's growing economy means the time has come for "transitioning support toward...