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Asia Top News and Analysis Shanghai

  • *iVX, China's anxiety gauge, jumps to 4- month high. SHANGHAI, May 26- China stocks held steady on Friday after a tumultuous week, with the Shanghai index holding above the key 3,000- point level even after Moody's downgraded the country's sovereign credit rating. But iVX- dubbed China's anxiety gauge- has jumped to a four-month high, while trading in stock options...

  • Couples prepare to have their photos taken on the Bund in Shanghai, China.

    Chinese consumers are becoming more concerned about sexual health and upgrading to higher-end condom brands, Financial Times reports.

  • WUZHEN, China— A computer beat China's top player of go, one of the last games machines have yet to master, for a second time Thursday in a competition authorities limited the Chinese public's ability to see. State media reports on the games have been brief, possibly reflecting Beijing's antipathy toward Google, which closed its China- based search engine in 2010...

  • Oddly Sidic, Haitong and Qosun shares are rallying

    CNBC's Sophia Yan speaks about Citic Securities, Guosen Securities and Haitong Securities, who in total have been fined nearly half a billion renminbi by Chinese regulators.

  • *China is one of world's fastest growing condom markets. SYDNEY, May 25- A Chinese consortium is buying Ansell Ltd's condom division, the world's no. 2 condom maker, for $600 million, betting on surging demand in China as sex becomes less of a taboo subject and more emphasis is placed on public health education. Ansell's brands include Jissbon, which sounds like James...

  • BEIJING— A computer that plays go has begun a second game against China's top player in a match authorities are limiting the Chinese public's ability to see. Thursday's game is one of three that 19- year-old Ke Jie and Google's AlphaGo computer program are due to play this week at a forum on artificial intelligence in a town west of Shanghai.

  • HONG KONG, May 25- Moody's Investors Service downgraded Hong Kong's local and foreign currency issuer ratings just hours after it cut China's credit ratings for the first time in nearly 30 years. The U.S. ratings agency downgraded Hong Kong's rating to Aa2 from Aa1 and said credit trends in China will continue to have a significant impact on Hong Kong's credit...

  • May 24- Digital currency bitcoin hit a fresh record high on Wednesday, surging above $2,400, as demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology. Bitcoin hit a record of $2,409 on the BitStamp platform and was last up 4.3 percent at $2,363. , "Jeffrey Gundlach, chief executive at DoubleLine...

  • May 24- Digital currency bitcoin hit a fresh record high on Wednesday, surging above $2,400, as demand for crypto-assets soared with the creation of new tokens to raise funding for start-ups using blockchain technology. Bitcoin hit a record of $2,409 on the BitStamp platform and was last up 4.3 percent at $2,363. ,Jeffrey Gundlach, chief executive at DoubleLine...

  • BEIJING— Internet users outside China watched a computer defeat its national go champion, but few Chinese web surfers could see it. The event got little coverage from Chinese newspapers and broadcasters, suggesting they may have received orders to avoid mentioning Google, which closed its China- based search engine in 2010 in a dispute over censorship and...

  • KUALA LUMPUR/ BEIJING, May 24- Geely, the owner of Sweden's Volvo Car Group, on Wednesday said it would buy 49.9 percent of struggling Malaysian carmaker Proton from conglomerate DRB-HICOM Bhd, marking the Chinese automaker's first push into Southeast Asia. Zhejiang Geely Holding Group Co Ltd, parent of Hong Kong- based Geely Automobile Holdings Ltd, will also...

  • LONDON, May 24- World stocks inched lower on Wednesday after China's sovereign credit rating was downgraded and as investors eyed a pause in Wall Street's four-day winning streak, the longest in over three months. "China's debt downgrade by Moody's has made investors a little less sure of themselves," said Jasper Lawler, senior market analyst at London Capital...

  • SHANGHAI _ JA Solar Holdings Co. on Wednesday reported first-quarter net income of $1.5 million. On a per-share basis, the Shanghai- based company said it had profit of 3 cents. This story was generated by Automated Insights using data from Zacks Investment Research.

  • *Moody's says expects China growth to slow to close to 5 pct. *China: Moody's over-estimates risks, methodology inappropriate. "The downgrade reflects Moody's expectation that China's financial strength will erode somewhat over the coming years, with economy-wide debt continuing to rise as potential growth slows," the ratings agency said in a statement,...

  • *Moody's says expects China growth to slow to close to 5 pct. SHANGHAI/ BEIJING, May 24- Moody's Investors Service downgraded China's credit ratings on Wednesday for the first time in nearly 30 years, saying it expects the financial strength of the economy will erode in coming years as growth slows and debt continues to rise. "The downgrade reflects Moody's...

  • LONDON, May 24- World stocks inched lower on Wednesday after China's sovereign credit rating was downgraded and as investors eyed a pause in Wall Street's four-day winning streak, the longest in over three months. The dollar and bond yields were steady, with investors growing gradually more confident that the Federal Reserve will raise U.S. interest rates next...

  • KUALA LUMPUR, May 24- Chinese automaker Zhejiang Geely Holding Group on Wednesday said it would buy a 49.9 percent stake in Malaysia's national carmaker Proton from conglomerate DRB-HICOM, marking another major Chinese auto investment in Southeast Asia. Geely, parent company of Hong Kong- based Geely Automobile Holdings Ltd and Sweden's Volvo Car Group,...

  • KUALA LUMPUR, Malaysia— The Chinese owner of Sweden's Volvo Cars agreed Wednesday to buy 49.9 percent of Malaysian automaker Proton, gaining a platform to expand into Southeast Asia. The deal gives Geely a distribution network in Southeast Asia, where non-Japanese brands have struggled. The remaining 49 percent is being purchased by Etika Automobile, which is...

  • *Moody's says expects China growth to slow to close to 5 pct. *China: Moody's over-estimates risks, methodology inappropriate. "The downgrade reflects Moody's expectation that China's financial strength will erode somewhat over the coming years, with economy-wide debt continuing to rise as potential growth slows," the rating agency said in a statement,...

  • *China: Moody's over-estimates risks, methodology inappropriate. *S&P rates China one notch higher, on negative watch. "The downgrade reflects Moody's expectation that China's financial strength will erode somewhat over the coming years, with economy-wide debt continuing to rise as potential growth slows," the rating agency said in a statement, changing its...