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  • German car makers are reviewing how many vehicles to send to China or the U.S., and U.S. dealers say they expect to get more Mercedes, Audi and BMW sport utility vehicles to sell as a result. Most global automakers have significant manufacturing operations in China they want to keep running. Before the market declines and the currency devaluation, demand for SUVs...

  • BICESTER, England— The designer outlet mall of Bicester Village is set in the English countryside near Oxford, but it might as well be in China. In the Burberry store, many try on the brand's signature trench coats, which go for at least 600 pounds after discounts. He came from Shanghai to Europe with a group of about 30 colleagues to shop and do some sight-seeing.

  • TOKYO, Aug 28- Subaru maker Fuji Heavy Industries Ltd said on Friday that it will keep diverting car exports from Tianjin to Shanghai for now because its Tianjin operations have yet to return to normal after explosions in the Chinese port city this month. Tianjin is normally the Subaru car maker's biggest entry point in China, but Fuji Heavy diverted its Tianjin-...

  • China's main stock index fell nearly 23 percent over five days before returning to positive territory Thursday and Friday. By June, stocks were "trading at sky-high, rocket-crazy valuations," said Dickie Wong, executive director of research at Kingston Financial Group in Hong Kong. The central bank's Aug. 11 devaluation of the yuan accelerated the declines by...

  • SHANGHAI, Aug 28- China stocks surged on Friday, encouraged by strong gains on Wall Street and signs of fresh support from Beijing after a five-day plunge that panicked global markets. The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 4.3 percent, to 3,342.29 points, while the Shanghai Composite Index gained 4.9 percent to 3,232.35...

  • BEIJING, Aug 28- China's local pension funds will start investing 2 trillion yuan as soon as possible in stocks and other assets, senior government officials said on Friday, in a bid to boost the investment returns of such funds. China said last weekend that it would let pension funds under local government units to invest in the stock market for the first time, a...

  • SHANGHAI, Aug 28- China stocks rose on Friday, encouraged by strong gains on Wall Street and signs of fresh support from Beijing after a five-day plunge that panicked global markets. Still, the indexes are heading for a weekly fall of about 10 percent, and a monthly slide of around 14 percent, with the Shanghai market on course to register its worst monthly...

  • SHANGHAI, Aug 28- China's yuan rose sharply against the dollar on Friday, with traders citing large transactions by state-owned banks on behalf of the central bank to support the currency. "There were clear signs that the central bank was continuing intervening in spot trading to support the yuan," said a dealer at a major European bank in Shanghai.

  • *Businesses say hurt by falling margins, not stock prices. *Wholesale prices have been sliding for more than 3 years. NINGHAI, China, Aug 28- The dramatic collapse of China's stock markets has shaken global investors, but for Chinese factory executives the real problem is a decline of another kind- the remorseless erosion of profits thanks to nearly four years of...

  • NEW YORK, Aug 27- Stock around the world rallied on Thursday, shaking off a slump related to China growth fears, as strong U.S. economic data boosted investor sentiment and crude oil rebounded sharply. All three major U.S. indexes were up less than 1 percent in afternoon trade, trimming earlier gains, following share rebounds in China and Europe.

  • *China Vanke among firms looking to join spin-off trend. "Two, three years ago there was no problem with selling any new projects even in the third- and fourth-tier cites, so people didn't really care about services," said Peterson Liang, deputy executive director of Colliers International Real Estate Management Services in Shanghai. Top developer China Vanke is...

  • NEW YORK— Do the stock market's big swings have you feeling helpless? Although you can't control what happens in Shanghai-- or the fact that troubles in China can drag down stocks here by 10 percent in just over a week-- you do have control over one crucial factor affecting your portfolio: how much you pay in expenses. They paid an average of $54 in fees for every $10,000...

  • PARIS, Aug 27- French carmaker Citroen is preparing a series of model launches, brand chief Linda Jackson told Reuters, in a bid to reverse a sales slump that threatens to hamper parent Peugeot's recovery from near bankruptcy. With sales down sharply, Citroen is a blot on Peugeot's otherwise stellar rebound. Sales of Peugeot models rose 3.9 percent in January...

  • *Eyes on central banker meeting in Jackson Hole. NEW YORK, Aug 27- Stock markets around the world rallied on Thursday, helped by strong U.S. economic data and after a U.S. "The bounce in Wall Street and stabilization in Asia are causing the market to rally back," said Clairinvest fund manager Ion-Marc Valahu.

  • *Stocks rise after Wall Street rally. LONDON, Aug 27- The yen nursed losses against the dollar on Thursday as calm returned to currency markets with gains in global equities, including a 5 percent jump in Shanghai, underpinning risk sentiment and sapping demand for safe haven currencies. Traders said any upward revision to second-quarter growth data out of the...

  • *Gold's 3- day slide erases bulk of last week's gains. LONDON, Aug 27- Gold steadied on Thursday after its biggest one-day drop in five weeks, supported by speculation that a U.S. rate hike may take longer than expected but still under pressure from a rebound in stock markets and a firmer dollar. Gold tends to benefit from ultra-low rates, which cut the opportunity...

  • SHANGHAI, Aug 27- China's yuan closed firmer against the dollar on Thursday as traders cited large transactions by state-owned banks possibly on behalf of the central bank, which supported the Chinese currency in both spot and derivative markets. "Major state banks did some large deals, supporting the yuan's value," said a dealer at a European bank in Shanghai.

  • WRAPUP 2-China stocks jump on U.S. rally, yuan edges up Thursday, 27 Aug 2015 | 5:09 AM ET

    *China indexes had lost more than 20 pct in days. *China tycoon says should give up "fantasy" of 7-8 pct growth. HONG KONG/ SHANGHAI, Aug 27- China's turbulent stock markets rose sharply on Thursday, helped by a strong rebound on Wall Street on expectations that the U.S.

  • LONDON, Aug 27- Stocks rose around the world on Thursday, following the biggest gains on Wall Street in four years, after a U.S. Germany's DAX, France's CAC 40 and Britain's FTSE 100 were all up more then 2 percent. "Financial market volatility has increased the likelihood that the first Fed hike will occur later than the September meeting," said Angela Hsieh at...

  • *China's car sales have fallen for last 4 months. SINGAPORE, Aug 27- China's falling auto sales have been at the forefront of concerns that its economy is slowing much faster than expected, weighing on oil prices. To stem the tide, China's central bank has cut interest rates and reserve requirement ratios for banks by 25 basis points and lowered reserve...