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HONG KONG, July 24- China's yuan raced to its highest in more than three months on Thursday after solid manufacturing activity confirmed the government's stimulus measures were filtering through the economy and brightening growth prospects in the near term.
SYDNEY, July 24- London copper rallied to its highest in more than a week on Thursday after China's factory sector grew at the fastest clip in 18 months in July, shrugging off news that Indonesia may soon resume ore exports that could smooth out kinks in supply. There just wasn't a lot of clarity over when, "said analyst Joel Crane of Morgan Stanley in Melbourne.
By Shinichi Saoshiro and Ian Chua. TOKYO/ SYDNEY, July 24- The New Zealand dollar skidded to a six-week low on Thursday after the country's central bank switched to a wait-and-see stance following its fourth straight rate hike, while its Australian peer rose after a survey showed China's factory sector expanded at its fastest pace in 18 months.
HONG KONG— China's manufacturing rose in July to its highest level in 18 months, in a sign that mini-stimulus measures to shore up growth in the world's No. 2 economy have taken hold. The preliminary HSBC purchasing managers' index rose to 52.0 in July from 50.7 in June on a 100- point scale on which numbers below 50 indicate contraction.
*Tech stocks boosted by Apple, Facebook hits record high. The news injected some life into what had been a very sluggish session, and helped China's CSI300 index of leading Shanghai and Shenzhen A-share jump 1.1 percent. Japan's Nikkei added 0.2 percent while MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.3 percent.
BEIJING, July 24- China's factory activity expanded at its fastest pace in 18 months in July as new orders surged, a preliminary HSBC survey showed on Thursday, the latest indication that the economy is picking up as government stimulus measures kick in.
China's manufacturing activity rose to an 18-month high in July, according to a private survey Thursday, as the government's stimulus measures worked their magic, consolidating a recovery in the world's second biggest economy.
BEIJING, July 24- Activity in China's factory sector expanded at its fastest pace in 18 months in July, a preliminary HSBC survey showed on Thursday, as a raft of government stimulus measures kicked in.
*Volume may be low as market focused on China survey, Japanese earnings. TOKYO, July 24- Japan's Nikkei share average edged up on Thursday morning as the slightly weakening yen supported sentiment, but geopolitical worries over Ukraine and Gaza kept activity in check.
*Tech stocks boosted by Apple, Facebook hits record high. SYDNEY, July 24- Asian stocks inched higher on Thursday, encouraged by upbeat corporate results and a record close on Wall Street, while unrest in the Middle East and Ukraine underpinned demand for high-rated bonds. MSCI's broadest index of Asia-Pacific shares outside Japan was up a slim 0.09 percent.
NEW YORK, July 23- A federal judge on Wednesday said banks faced an uphill battle in convincing her to dismiss a U.S. regulator's claims that they misled Fannie Mae and Freddie Mac into buying mortgage-backed securities that later went sour.
NEW YORK/ LONDON, July 23- Gold fell for a second day on Wednesday as gains in U.S. equities and dearth of new developments from conflicts in Ukraine and the Middle East prompted investors take profits.
NEW YORK, July 23- The U.S. dollar rose to eight-month highs against the euro on Wednesday as worries over tougher sanctions on Russia and their potential impact on fragile euro zone growth weighed on the single currency. Further escalation of tensions between Russia and Ukraine could weigh further on the euro if more trade sanctions are enforced on Russia.
*To file criminal changes against Alstom imminently. David Green, who announced on Monday that the SFO would join U.S. prosecutors and regulators worldwide in investigating allegations of misconduct in the $5.3 trillion- per-day foreign exchange market, said he had "reasonable grounds" to suspect that an offence of serious or complex fraud was involved.
NEW YORK, July 23- The U.S. dollar held near eight-month highs against the euro on Wednesday as worries over tougher sanctions on Russia and their potential impact on fragile euro zone growth weighed on the single currency.
LONDON, July 22- European shares bounced back on Tuesday on some strong earnings reports and after signs of cooperation between Russia and other nations in investigating the shooting down of a Malaysian airliner over Ukraine.
LONDON, July 22- European shares rose on Tuesday on some strong earnings reports and signs of improved cooperation from Ukraine's pro-Russian rebels over the Malaysian Airlines plane shot down four days ago.
*ARM Holdings surges after strong results. LONDON, July 22- European equities bounced back on Tuesday partly in response to signs of improved cooperation from Ukraine's pro-Russian rebels who have agreed to hand over the black boxes from the Malaysian plane downed in Ukraine last week.
HONG KONG, July 22- Hong Kong's benchmark index jumped to its highest in nearly 7-1/ 2 months on Tuesday, helped by stronger Chinese markets on the mainland and recent fund inflows which pushed up the territory's blue-chip stocks. Tencent Holdings spiked 2.1 percent, partly lifted by peer Baidu's record high close in New York.
HONG KONG, July 22- China's yuan edged up on Tuesday, holding in a narrow range due to a lack of trading cues, with the overall market shifting to a more positive outlook on the currency for the rest of the year. The People's Bank of China fixed its official rate at 6.1544 per dollar, largely unchanged from Monday's fixing of 6.1547.