Asian shares kicked off the week higher after a historic deal over Iran's nuclear program bolstered risk appetite.» Read More
*Investors cheer Sinopec chairman comments, lift PetroChina too. HONG KONG, March 7- Chinese oil giants Sinopec and PetroChina outperformed the broader Hong Kong and China stock markets early on Friday, on hopes that both companies will be beneficiaries of policy reforms at the ongoing National People's Congress.
LONDON, March 5- Iraq is reclaiming its rank as the world's fastest-growing oil exporter, cushioning consumers from Libyan supply outages for now and, perhaps, reviving OPEC market share rivalries down the road.
*Plans to raise China's grain production capacity by 50 million tonnes. BEIJING, March 5- China plans to broaden the scope and increase spending on agricultural subsidies for grains and other commodities in a bid to boost food security, the country's top economic planner said on Wednesday.
HONG KONG, March 4- Hong Kong shares rebounded on Tuesday, with strength in the Chinese technology and Macau gaming sectors helping benchmark indexes claw back some of the steep losses seen in the previous session following an escalation in Ukraine- Russia tensions.
BEIJING, March 4- China's decision last month to sell a stake in a subsidiary of Sinopec Corp signals more privatisation of its bloated state-owned sector will take place soon, with plans likely to be discussed at this week's parliament session, officials and experts said.
HONG KONG, March 3- Shanghai shares had a fourth-straight daily gain on Monday, outshining most Asian markets, with Sinopec and PetroChina firmer on hopes that coming parliamentary meetings will yield more progress on state-owned enterprises reform. The CSI300 of the largest Shanghai and Shenzhen A-share listings rose 0.5 percent.
*Focus on China annual parliamentary meeting opening Wed. *China property sinks after surveys show moderating home prices.
HONG KONG, Feb 21- Shanghai shares erased weekly gains on Friday, as investors took profits on outsized gains the previous day for Sinopec and PetroChina ahead of a bevy of corporate earnings results due next week.
*Earnings: AIA, Parkson Retail down; Citic Pacific up. HONG KONG, Feb 21- Falls in PetroChina and Sinopec shares hurt Hong Kong and mainland markets early Friday, as investors took profit on their outsized gains the previous day as scepticism lingers on how much China's state-owned enterprises will be reformed.
*China banks hit by new liquidity regulations. *Tencent sinks after Facebook's WhatsApp deal. HONG KONG, Feb 20- Hong Kong shares fell from a four-week high early on Thursday, and losses accelerated after a preliminary private survey showed manufacturing activity in China slowed to a seven-month low, stoking fears of a more severe slowdown.
*Russia, Iraq oil sales rise more than projected China import growth. *Latin America, Africa volumes to China dropping this year.
*OPEC joins US in predicting stronger 2014 oil demand. LONDON, Feb 12- Brent crude rose above $109 a barrel on Wednesday, buoyed by expectations of strengthening global demand after OPEC raised its 2014 forecast and Chinese data showed oil imports hit a record high.
LONDON, Feb 12- Brent crude oil edged above $109 a barrel on Wednesday on data showing Chinese oil imports hit a record high last month, raising hopes of strengthening demand from the world's No. 2 economy and biggest net oil importer.
SINGAPORE, Feb 12- Brent crude edged higher toward $109 a barrel on Wednesday after data showed Chinese oil imports hit a record high last month, raising hopes of continued growth in oil demand in the world's second largest economy.
The world's second-largest oil consumer aims to add nearly 600,000 barrels in daily refining capacity in 2014, and was slated to bring on more before PetroChina delayed two startups and an expansion as 2013 oil demand growth dropped to a 22- year low.
*Hong Kong and H-shares at one-week high on policy optimism. HONG KONG, Feb 11- Hong Kong shares are set to post their best daily gain in nearly 3 months on Tuesday, led by Chinese insurers and energy counters on optimism that Beijing will likely unveil more policy that could favor earnings growth in some sectors.
The decision by state-controlled giant PetroChina to put off two new refineries and delay expansion of another is the latest, most dramatic signal that China's refined fuels capacity has expanded too fast.
*BP is dismantling 20- strong Beijing- based team-sources. BEIJING, Jan 30- BP is dropping plans to invest in a refinery in China, three sources with direct knowledge said, the fourth refining project in recent months to fall foul of a slowdown in growth in the world's second-largest economy.
NEW YORK, Jan 23- U.S. stocks fell on Thursday, with the Dow Jones industrial average recording its third consecutive day of losses, as risky assets sold off in wake of disappointing manufacturing data in China.
The market value of Chinese companies listed on the New York Stock Exchange and Nasdaq Stock Market comes to more than $1.4 trillion, according to data from the exchanges and Thomson Reuters. It also could short-circuit forthcoming U.S. listings from China.