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  • *China activity surveys hint at some leveling out, no rebound. SYDNEY, July 1- Growth in China's services sector picked up in June while big Japanese companies planned to ramp up spending at the fastest pace in a decade, offering hope that prospects are improving for Asia's largest economies despite sluggish factory growth. Wednesday's data fueled expectations...

  • *Asia holds nerve as Greece misses IMF loan payment. SYDNEY, July 1- Asian shares made guarded gains on Wednesday as investors gave a resigned shrug to news Greece had become the first developed economy to default on a loan with the International Monetary Fund. Calming after two days of wild swings, MSCI's broadest index of Asia-Pacific shares outside Japan...

  • China's manufacturing weak in June, more jobs cut Wednesday, 1 Jul 2015 | 12:15 AM ET

    BEIJING— China's manufacturing was weak in June and employers cut more jobs, two surveys showed Wednesday, in a new sign the world's second-largest economy is struggling to emerge from a slump. HSBC said jobs were cut at the fastest rate since February 2009 in the aftermath of the global financial crisis. The data "pointed to a further decline in the health of the...

  • BEIJING, July 1- Activity in China's factory sector expanded slightly in June though not as much as expected, while growth in the services sector sped up, official surveys showed, offering some signs that the world's second-largest economy may be starting to slowly level out after a raft of support measures. Beijing has rolled out a flurry of steps since last year,...

  • China's manufacturing weak in June, more jobs cut Tuesday, 30 Jun 2015 | 11:23 PM ET

    BEIJING— Two surveys show China's manufacturing was weak in June and employers cut more jobs in a new sign of weakness in the world's second-largest economy. HSBC Corp. said Wednesday its purchasing managers' index stood at 49.4, largely unchanged from May's 49.2 on a 100- point scale on which numbers below 50 show activity contracting. HSBC's survey showed...

  • BEIJING, July 1- Activity in China's factory sector expanded slightly in June though not as much as expected, while growth in the services sector picked up, official surveys showed, offering some signs that the world's second-largest economy may be starting to level out after a raft of support measures. Beijing has rolled out a flurry of steps since last year,...

  • BEIJING, July 1- China's factory activity contracted for the fourth straight month in June but at a slower pace than in May, a private survey showed on Wednesday, offering signs that the economy may be slowly levelling out but is still in need of more support measures. The HSBC/ Markit Flash China Manufacturing Purchasing Managers' Index edged up to 49.4 from 49.2 in...

  • BEIJING, July 1- China's factory activity contracted for the fourth straight month in June but at a slower pace than in May, offering some signs that the world's second-largest economy may be slowly leveling out but is still in need of more support measures. The HSBC/ Markit Flash China Manufacturing Purchasing Managers' Index edged up to 49.4 from 49.2 in May, but...

  • PRECIOUS-Gold struggles as Greek crisis lifts dollar Tuesday, 30 Jun 2015 | 9:11 PM ET

    SINGAPORE, July 1- Gold struggled close to its lowest in nearly four weeks on Wednesday, as the dollar stood tall after Greece missed a loan payment to the International Monetary Fund. *Greece made last-minute overtures to its international creditors for financial aid on Tuesday, but it was not enough to save the country from becoming the first developed economy...

  • US opening market to Argentina, Brazil beef imports Tuesday, 30 Jun 2015 | 2:43 PM ET

    BUENOS AIRES, Argentina— Argentina and Brazil are greeting news that they will soon be able to export fresh beef into the United States after a longtime ban. Exports of fresh beef from Argentina to the three North American countries could be worth about $280 million, said Economy Minister Axel Kicillof. The U.S. Department of Agriculture's Animal and Plant...

  • The Latest: Turkey wants to help Greece recover Tuesday, 30 Jun 2015 | 3:23 AM ET

    Turkish prime minister says his country is ready to help Greece overcome its economic crisis and is offering to expand cooperation in areas such as tourism, energy and trade. Ahmet Davutoglu said Turkey wants to live "in peace," and has no interest in seeing Greece "languish." Turkey and Greece have been long-time foes but the two countries have sought to build...

  • *For poll data: reuters:// realtime/verb= Open/url= cpurl:// apps.cp./ Apps/econ-polls? BEIJING, June 29- Growth in China's manufacturing sector likely picked up slightly in June, a Reuters poll showed, offering some signs that the world's second-largest economy may be levelling out after a series of easing measures by the government. The flash HSBC/ Markit PMI released...

  • China's yuan holds steady, rate cut impact limited Sunday, 28 Jun 2015 | 11:25 PM ET

    SHANGHAI, June 29- China's yuan held steady against the dollar on Monday despite a surprise double policy easing by the central bank at the weekend. In its latest bid to shore up the slowing economy, the People's Bank of China said on Saturday it was cutting both official interest rates and reducing required reverse ratio for some banks that meet certain...

  • SHANGHAI, June 28- China's monetary easing at the weekend was aimed at stopping a stock market stampede, but has some economists worried that policy is being used to prop up an equity rally that was not based on fundamentals and has not done much economic good. "The government appears eager to maintain a bull market to expand the capital market and reduce reliance...

  • BEIJING, June 27- China's central bank cut lending rates for the fourth time since November and trimmed the amount of cash that some banks must hold as reserves, stepping up efforts to support an economy that is headed for its poorest performance in a quarter century. Saturday's combined easing highlights Beijing's concerns that money isn't flowing to some of...

  • BEIJING— China's central bank announced Saturday the fourth round of interest cuts in seven months and lower deposit-reserve ratios for some banks to lend to small and rural businesses, as Beijing tries to shore up the country's sluggish economy. The announcement for the world's second-largest economy also followed a nearly 20 percent drop in China's stock...

  • BEIJING— China cuts interest rates for 4th time in 6 months to boost sluggish national economy.

  • *HSBC ends long tie-up with Markit on business activity surveys. SHANGHAI/ HONG KONG, June 26- HSBC has ended its marketing tie-up with financial information firm Markit Ltd, both companies told Reuters on Friday, winding up a five-year relationship. The two firms said HSBC had ended its sponsorship of the closely watched China Purchasing Managers Index and...

  • NEW YORK— Stocks had a mixed day Friday, as investors waited for negotiators to finish their work on a solution to Greece's debt problems. China's benchmark index is still up more than double over the past year. It was largely lifted by Nike, which rose more than 4 percent after posting strong quarterly results.

  • BEIJING, June 26- China's Premier Li Keqiang said the economy's fundamentals were good, although the country still must strengthen targeted controls, according to state-owned China Central Television. China's annual economic growth slowed to a six-year-low of 7 percent in the first quarter, weighed down by a cooling property sector. Li told a think tank forum...