NEW YORK-- JA Solar Holdings Co. has named Herman Zhao as its new chief financial officer. Zhao previously held the CFO post from July 2006 to May 2008. Since then he's served as CFO for fabless semiconductor company Legend Silicon Corp. and solar project developer Sky Solar Holdings Co..» Read More
LONDON, Dec 11- Embattled European refiners are looking east in the scramble for customers, delivering what could be record volumes of naphtha to Asia in January and seeking Asian buyers for gasoline as their traditional U.S. market dries up.
LONDON, Dec 11- Sterling fell against the dollar for the first time this week on Wednesday, as investors and speculators trimmed bets in favour of the currency while they await more evidence of a durable recovery in the UK economy.
*European shares, dollar flat after Asia, Wall Street slip. LONDON, Dec 11- Financial markets gave a cautious thumbs-up on Wednesday to a provisional budget deal that could prevent the U.S. government from shutting down in the coming months. News that U.S. budget negotiators had reached a two-year agreement couldn't overcome the year-end blues in Asia.
*Copper, zinc flip into backwardation. LONDON, Dec 11- Copper was steady on Wednesday near a one-month high hit the previous day, stabilising after three sessions of gains on the back of solid demand from top metals consumer China.
MILAN, Dec 11- Italy's one-year borrowing costs edged up to 0.707 percent at auction on Wednesday from a month earlier, pushed higher by reduced liquidity on money markets as euro zone banks move to repay longer-term loans by the European Central Bank.
HONG KONG, Dec 11- Shares in China Cinda Asset Management Co Ltd jumped as much as 17.3 percent in gray market trading on Wednesday, as retail investors who missed out on this year's biggest Asia Pacific IPO bought the stock on the eve of its listing.
*Alibaba still hoping to list in Hong Kong. HONG KONG, Dec 11- Alibaba Group Holding Ltd said on Wednesday it is seeking to extend the draw-down period of an $8 billion loan from January next year, a move people familiar with the e-commerce company's plans said would buy it more time to launch an IPO.
LONDON, Dec 11- Speaking to the Economic Club of New York on Monday about Britain's economic recovery, Bank of England Governor Mark Carney drew inspiration from Charles Dickens' nineteenth-century parable about miserliness contained in his celebrated novel "A Christmas Carol".
SHANGHAI, Dec 11- The price gap between bitcoins trading in Chinese yuan and those sold for other currencies has evaporated in recent days, highlighting the porous nature of China's capital controls.
KIEV, Dec 11- Scores of Ukrainian riot police withdrew on Wednesday morning from a protest camp after moving against protesters overnight in the authorities' biggest attempt yet to disburse weeks of protests against President Viktor Yanukovich.
*India cenbank gov says tackling inflation a priority. NEW DELHI, Dec 11- Tackling inflation will be a key priority, India's finance minister and central bank governor said on Wednesday, after high consumer prices contributed to painful losses for the ruling Congress Party in recent state elections.
*Taiwan, Singapore beat out Hong Kong due to space constraints. CHANGHUA, Taiwan, Dec 11- Google Inc opened its first two data centres in Asia on Wednesday to cater to the world's fastest growing consumer technology markets, but the company has no plans to open one in China or India.
LONDON, Dec 11- European shares steadied on Wednesday after falling in the previous session, with RBS a big loser on the departure of its finance chief, as uncertainty over the outlook for U.S. monetary policy looked set to cap any broader gains.
LONDON, Dec 11- The yen rose for a second day on Wednesday as global stock markets fell and as investors locked in profits from the dollar and euro's strong rallies this year against the Japanese currency. The dollar was 0.3 percent lower against the yen at 102.54 yen, while the euro was 0.4 percent down at 140.98 yen.
Banks made 624.6 billion yuan worth of new yuan loans in November, higher than a forecast of 590 billion yuan and well above the previous month's 506.1 billion yuan, data released on Wednesday by the People's Bank of China showed.
HONG KONG, Dec 11- Shares in China Cinda Asset Management Co Ltd jumped as much as 17.3 percent in gray market trading on Wednesday, as retail investors who missed getting shares in this year's biggest Asia Pacific IPO bought the stock on the eve of its Hong Kong listing.
KIEV, Dec 11- Ukrainian Prime Minister Mykola Azarov said on Wednesday that the issue of joining a customs union with Russia would be not raised in talks later this month in Moscow. Speaking to his cabinet, Azarov said: "We are preparing a lot of documents for the meeting of the Russian/Ukrainian state commission, which will take place on Dec. 17.
*Two new pipelines set to drain oil from Cushing. SINGAPORE, Dec 11- Brent held steady above $109 a barrel on Wednesday as traders focused on the narrowing of its spread with U.S. futures ahead of U.S. inventory data that is forecast to show a drop in crude stockpiles.
KIEV, Dec 11- Ukraine has asked the European Union to provide it with 20 billion euros in aid, Prime Minister Mykola Azarov was quoted as saying on Wednesday.
LONDON, Dec 11- European shares edged lower at the open on Wednesday, led by Royal Bank of Scotland, which slipped after a high-profile executive departure, as uncertainty over the U.S. monetary policy curbed demand.