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  • LONDON/ SYDNEY/ NEW YORK, April 23- Business activity weakened in China and Japan in April and growth slowed in Europe and the U.S., suggesting the global economy may be less robust than policymakers are predicting. In China, where the government has been engineering a rebalancing of its economy towards domestic spending and away from reliance on exports of...

  • MOSCOW, April 23- Russian home electronics retailer M.video aims to achieve flat sales in the first three quarters of 2015 compared with a year ago, outperforming a declining market hit by falling consumption, its chief executive said. Russia's economy is sliding into recession, dragged down by Western sanctions imposed on Moscow over its policy in Ukraine and...

  • MOSCOW, April 23- Western companies are sticking with Russia, waiting for an economic rebound that they expect will once again bring rich rewards although some have cut operations to weather the slump. Russia is expecting a steep recession this year, caused by low international oil prices and Western sanctions over the Ukraine conflict even though...

  • The sudden drop in the euro zone flash composite Markit Purchasing Managers' Index was driven by sharply slower growth in manufacturing orders in Germany and France, suggesting recent optimism about the euro zone may be overdone. Factory order growth slowed particularly in France, but also in major goods exporter Germany, and the euro zone's No. 1 economy,...

  • SHANGHAI, April 23- China stocks rose to fresh seven-year highs on Thursday, with weaker-than-expected factory activity data reinforcing expectations of fresh government stimulus. The flash HSBC/ Markit Purchasing Managers' Index showed that China's factory activity in April contracted at its fastest pace in a year, suggesting that economic conditions...

  • *Asia still facing tough conditions, more China stimulus seen. April 23- Manufacturing activity in Asia's top two economic powerhouses slowed further in April, a disappointing outcome that calls for yet more stimulus and puts pressure on the United States and Europe to do more of the heavy lifting to drive global growth. The flash HSBC/ Markit Purchasing...

  • *Beijing tells banks to lend more to real economy. SHANGHAI, April 23- Beijing is pushing trillions of yuan into its banking system to boost business investment and arrest slowing growth, but a combination of unwilling borrowers and selective lenders is blunting its efforts. We're only using 70 percent of our current factory capacity in the first place, "said Lou...

  • HONG KONG/ SHANGHAI, April 23- China is relying more on traditional monetary instruments such as banks' reserve requirements to help the economy rather than pushing for a weaker yuan, indicating a policy approach that is perceived as a positive for the currency by the market. A steady yuan mutes foreign criticism of China's currency policy as Beijing positions...

  • Survey: China factory activity slips again to 1-year low Wednesday, 22 Apr 2015 | 10:18 PM ET

    HONG KONG— China's manufacturing deteriorated again in April to its lowest point in a year, in a fresh sign that growth is faltering in the world's second biggest economy. The latest numbers signal that policymakers in Beijing will face further pressure to prevent a sharper slowdown as China's economic growth sputters. China's growth cooled in the first...

  • DIARY- Emerging Markets Economic Events to May 5 Wednesday, 22 Apr 2015 | 8:02 PM ET

    CAIRO- Central Bank of Egypt holds Monetary Policy Committee Meeting- 0100 GMT. BANGKOK- Bank of Thailand holds Monetary Policy Committee meeting. MOSCOW- Central Bank of Russia announces interest rate decision- 1000 GMT.

  • DIARY- Emerging Markets Economic Events to May 4 Tuesday, 21 Apr 2015 | 8:02 PM ET

    WASHINGTON- World Bank President Jim Yong Kim speaks at the global philanthropy forum- 1500 GMT. CAIRO- Central Bank of Egypt holds Monetary Policy Committee Meeting- 0100 GMT. BANGKOK- Bank of Thailand holds Monetary Policy Committee meeting.

  • *Banks to lend $100 bln for "technological renovation" in Hebei. BEIJING, April 22- Days before Beijing cut bank reserve requirements to boost lending to China's slowing economy, officials in Hebei province met with dozens of banks and steel mills to find financing to revive local industry and tackle chronic environmental problems. "Hebei is enjoying favorable...

  • *Euro slips on Greece worries, dollar. NEW YORK, April 20- European and U.S. stocks rose on Monday after China announced economic stimulus measures while the euro fell against the dollar on worries Greece may default. "What's helped the market today is the story about more stimulus in China," said Rick Meckler, President of LibertyView Capital Management in Jersey...

  • *China move boost Aussie, euro down on Greece worries. LONDON, April 20- Global stock markets had a mixed start to the week on Monday and core bond yields fell as investors juggled Chinese steps to stimulate its slowing economy and a proposed telecoms deal in Europe with growing worries Greece may default. This, in turn, contributed to an early rise in European shares,...

  • Global, Chinese automakers debut new car models Monday, 20 Apr 2015 | 1:29 AM ET

    SHANGHAI— Ford showed off its new Taurus and Nissan unveiled a midsize sedan designed for China on Monday at a Shanghai Auto Show that highlighted the commercial resurgence of lower-priced Chinese auto brands. Competition in China is intensifying as economic growth slows and more manufacturers pile into the world's biggest auto market by number of...

  • *China shares rise after Beijing cuts banks' reserve requirements. TOKYO, April 20- Stock markets in China and Japan rose on Monday after Beijing's latest stimulus to shore up the world's second-largest economy underpinned sentiment and helped limit losses across the rest of Asia. "There's no need for markets to worry too much because of the weakness in global...

  • China stocks boosted by central bank action Sunday, 19 Apr 2015 | 11:43 PM ET

    SEOUL, South Korea— Shanghai stocks rose Monday after China's central bank announced a boost for the slowing Chinese economy. CHINA STIMULUS: China's central bank on Sunday cut the required reserve ratio for banks by 1 percentage point to stimulate lending into a slowing economy. THE QUOTE: Cuts in China's reserve ratio were expected throughout 2015 but "the...

  • SHANGHAI, April 20- China stocks rose on Monday after the central bank cut banks' reserve requirements to combat slowing economic growth, helping to ease fears that regulators were set to crack down on riskier trading after a blistering rally to seven-year highs. Benchmark money rates sank after the move by the People's Bank of China on Sunday, which could result...

  • *China cuts banks' reserve requirements. TOKYO, April 20- Asian shares dipped in early trading on Monday after a weak performance on Wall Street, though China's latest stimulus to shore up the world's second-largest economy was likely to underpin sentiment. Fed is now being augmented by money from China as the capital account is liberalized, "said Sean Darby,...

  • REUTERS BUSINESS SCHEDULE AT 2000 GMT / 4:00 p.m. ET Sunday, 19 Apr 2015 | 4:50 PM ET

    ATHENS- Euro zone deputy finance ministers will meet midweek ahead of a Eurogroup finance ministers' gathering two days later, a Greek government official tells Reuters, as Athens and its creditors continue to seek a deal on reforms to unlock aid. BOJ's Kuroda says Japan inflation to' gradually accelerate' toward target. WAYZATA, Minn.- Bank of Japan Governor...