The headwinds faced by China's massive steel sector- falling profit margins and growing dependence on handouts- are shared by other key industrial and infrastructure-related sectors, including aluminium, cement and coal.» Read More
SHANGHAI/ HONG KONG, Sept 15- China shares fell early Monday on worries rooted in a slew of weaker-than-expected economic data, while Sinopec Corp led a bigger slide in the Hong Kong market.
HONG KONG, Sept 15- A disappointing first year for Shanghai's much-hyped free-trade zone, seen as a pet project of Premier Li Keqiang and billed as a reform laboratory, raises questions about China's commitment to opening up its markets as it wrestles with a slowing economy.
*Ukraine conflict, sanctions darken mood in Europe. Federal Reserve may give clearer hints on when it will hike the cost of borrowing in the United States in the coming week, as struggling Europe braces for a tight vote in Scotland on whether to leave the United Kingdom.
*August data fans hard landing fears, fresh stimulus expected. BEIJING, Sept 13- China's factory output grew at the weakest pace in nearly six years in August while growth in other key sectors also cooled, raising fears the world's second-largest economy may be at risk of a sharp slowdown unless Beijing takes fresh stimulus measures.
*August data fans hard landing fears, fresh stimulus expected. BEIJING, Sept 13- China's factory output grew at the lowest pace in nearly six years in August while growth in other key sectors also cooled, raising fears the world's second-largest economy may be at risk of a sharp slowdown unless Beijing takes fresh stimulus measures.
BEIJING, Sept 13- China's factory output grew at the lowest pace in nearly six years in August while growth in retail sales and investment also cooled, adding to signs of fragility in the economy that may prod Beijing into fresh policy measures to prevent a sharper slowdown.
NEW DELHI, Sept 12- India's industrial output growth hit a four-month low in July while inflation remained high, underscoring the challenge for Asia's third-largest economy to make a sustained recovery from its longest stretch of sub-par growth in decades.
MOSCOW, Sept 12- The Russian Central Bank left its key interest rates on hold at a regular meeting on Friday, signalling it is more worried about the sanctions-hit economy than high inflation which remains above the bank's target. The decision keeps the bank's central policy rate, the one-week minimum auction repo rate, at 8 percent, and was broadly expected.
Launched in 2006 to a flurry of media coverage, the Mountain View, California- based company seemed to have every strategic advantage: millions in startup cash, celebrity endorsements, and a chief executive married to one of the co-founders of Google. RadioShack warns of possible Chapter 11 bankruptcy.
*Industrial output, inflation data to be released at 1200 GMT. NEW DELHI, Sept 12- India's industrial output growth likely slowed for a second straight month in July, while inflation probably remained high, with Asia's third-largest economy struggling to make a sustained recovery from its longest stretch of sub-par growth in decades.
WASHINGTON— President Barack Obama says the U.S. is moving ahead with tougher economic sanctions on Russia over what the U.S. says are Russia's illegal actions in Ukraine. Obama says the sanctions will affect Russia's financial, energy and defense sectors. The U.S. penalties are paired with a new round of European Union sanctions announced Thursday in Brussels.
*Gazprom writes off 71.3 bln roubles over Ukraine debt. MOSCOW, Sept 11- Russia's Gazprom reported a 41 percent fall in first-quarter net profit after cutting prices for gas deliveries to Ukraine, and has lowered projections for exports and gas prices in Europe, its main source of revenue.
BRUSSELS— The European Union on Thursday slapped more sanctions on Russia for helping separatists destabilize Ukraine, limiting Russia's access to its financial market, hitting the country's vital oil industry, curbing high-tech exports and targeting more officials with travel bans and asset freezes.
BEIJING— China's consumer inflation eased in August amid signs of cooling economic growth. Trade and manufacturing have weakened recently, prompting suggestions Beijing might try to shore up economic growth.
BEIJING, Sept 11- China's consumer inflation cooled more than expected in August, further evidence after a fall in imports that the economy is losing momentum, but giving policymakers room for more stimulus measures if needed.
BEIJING— China's premier promised Wednesday to open the world's No. 2 economy wider to foreign companies, promising favorable conditions despite a wave of anti-monopoly investigations that business groups say might be aimed at limiting competition.
TIANJIN, China, Sept 10- China's economy can avoid an sharp drop in growth, Premier Li Keqiang said on Wednesday as he promised to accelerate China's switch to an economic model driven by science and innovation. Speaking at the World Economic Forum in the northern city of Tianjin, Li said China would continue to pursue structural reforms in its economy.
Arkady Dvorkovich, Deputy Prime Minister of Russia, discusses Russia-China relations and explains why cooperation between the BRIC nations is beneficial for the world.
RIO DE JANEIRO, Sept 9- Moody's Investors Service on Tuesday said it may cut Brazil's credit rating in the next couple of years as the economy slows down, putting added pressure on whoever is elected president in October to change course on economic policy.
Sept 9- Moody's Investors Service lowered its outlook on Brazil's government bond rating to' negative' from' stable', saying the country's sustained low economic growth and worsening debt metrics reflected a risk of reduced creditworthiness.