The strong performance of the so-called "fragile five" currencies has marked a return to favor for the so-called carry trade.» Read More
LONDON, April 23- European shares edged down on Wednesday after three days of gains as data showing China's economy was still stuttering offset some broadly reassuring European purchasing manager index numbers.
BEIJING, April 23- China shares fell on Wednesday, with sentiment bogged down by a preliminary survey showing Chinese manufacturing activity contracted for a fourth straight month in April.
*China Mobile shares down on weak Q1 results. BEIJING, April 23- Hong Kong shares eased on Wednesday, hurt by a sell-off in telecoms shares after the mainland's biggest carrier China Mobile posted its third straight quarterly decline in profits.
SINGAPORE, April 23- The Australian dollar slid on Wednesday after data showed that Australian consumer prices rose less than expected in the first quarter, lessening the risk of a rise in domestic interest rates this year. Other major currencies were subdued, with the euro edging up 0.1 percent to around $1.3817, while the dollar eased 0.1 percent to 102.55 yen.
*China factory activity shrinks for 4th month- HSBC. SINGAPORE, April 23- Nickel raced to its highest level in more than 14 months on Wednesday as tighter supplies kept the rally going in the metal that has gained a third this year, while a sustained contraction in China's factory activity weighed on copper.
TOKYO— Shares were mixed in Asia on Wednesday, as weak data from China sapped upward momentum from an overnight rally on a flurry of deals in the pharmaceutical sector. Overnight, U.S. financial data and corporate earnings helped spur gains from deals by Switzerland's Novartis with Britain's GlaxoSmithKline PLC and the Eli Lilly& Co. of the U.S.
BEIJING, April 23- China's factory activity shrank for the fourth straight month in April, signalling economic weakness into the second quarter, a preliminary survey showed on Wednesday, although the pace of decline eased helped by policy steps to arrest the slowdown.
HONG KONG— Factory activity in China shrank for the fourth straight month in April, though the decline was slightly slower, a survey on Wednesday said, in a possible sign the slowdown in the world's No. 2 economy is stabilizing.
BEIJING, April 23- China's manufacturing downturn eased slightly in April as declines in new orders and output slowed, a preliminary survey showed on Wednesday, though factory activity showed an overall contraction for the fourth straight month.
SINGAPORE, April 23- London copper futures edged lower on Wednesday ahead of reading on China's manufacturing activity, with a further contraction likely to cut the appetite for risky assets, although nickel hit the highest in more than 14 months on tighter supply.
SYDNEY, April 23- Asian shares crept higher on Wednesday following merger-driven gains in Europe and on Wall Street, though investors were wary in case coming figures on Chinese manufacturing again disappointed. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.15 percent.
WASHINGTON— Commerce Department releases new home sales for March, 10 a.m.. Michelin reports first quarter sales. Procter& Gamble Co. releases quarterly financial results before the market opens.
HONG KONG— World stocks fluctuated Tuesday as a Wall Street rally powered by positive earnings reports offset investor cautiousness before a report on Chinese manufacturing and possible sanctions against Russia over Ukraine.
*China nickel ore imports from Indonesia down sharply. SINGAPORE, April 22- Nickel futures hit their highest in more than 14 months on Tuesday as an Indonesian ban on mineral ore exports kept supplies tight, with tensions in Ukraine also posing a risk to flows from key producer Russia.
SINGAPORE, April 22- Nickel futures hit their highest in more than 14 months on Tuesday as an Indonesian ban on mineral ore exports kept supplies tight, with tensions in Ukraine also posing a risk to flows from key producer Russia.
SINGAPORE, April 22- Copper futures on the London Metal Exchange slipped on Tuesday as the bourse reopened after a long holiday weekend, still pressured by worries over Chinese demand amid a slowdown in the world's top user of the industrial metal.
HONG KONG— Asian stocks edged higher on Tuesday following a Wall Street rally powered by positive earnings reports but the mood was still cautious before a report on Chinese manufacturing and possible sanctions against Russia over Ukraine.
SINGAPORE, April 21- Shanghai copper futures were little changed on Monday amid lean volumes with trading interest thin ahead of the next reading on top copper user China's factory activity due later in the week. The most-traded July copper contract on the Shanghai Futures Exchange was up half a percent at 46,660 yuan a tonne by 0313 GMT.
SINGAPORE, April 21- Shanghai copper futures dropped for a second session on Monday, hurt by persistent concerns over the outlook for demand in top consumer China amid a slowing economy. *The most-traded July copper contract on the Shanghai Futures Exchange was down 0.2 percent at 46,380 yuan a tonne by 0110 GMT.
*Beijing is 3rd mainland gold import point, after Shenzhen& Shanghai. *China's gold imports from Hong Kong surged to $53 bln in 2013.