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Asia Top News and Analysis Shanghai

  • Investors chat as they sit in front of computer screens showing stock information at a brokerage house in Qingdao, China, September 7, 2015.

    China's stock bounce has disappeared as the excitement about a new economic zone fades.

  • BEIJING— China launched its first aircraft carrier built entirely on its own on Wednesday, in a demonstration of the growing technical sophistication of its defense industries and determination to safeguard its maritime territorial claims and crucial trade routes. The 50,000- ton carrier left its berth just after 9 a.m. in the northern port city of Dalian,...

  • SYDNEY, April 25- Copper reversed early losses in Asia on Tuesday to trade higher on the back of strong regional equities markets that broadened investor appeal for cyclical assets such as industrial commodities. *SHANGHAI: The most-traded copper contract on the Shanghai Futures Exchange settled 0.04 percent higher at 46,030 yuan a tonne.

  • SHANGHAI— In a story April 22, The Associated Press reported that General Motors Co. expects annual sales of electric vehicles to reach 150,000 by 2020 and possibly surpass 500,000 by 2025.

  • SHANGHAI, April 25- China's yuan weakened slightly in subdued trade against the dollar by midday on Tuesday, with the market watching developments on the Korean peninsula. The People's Bank of China set the midpoint rate at 6.8833 per dollar prior to market open, weaker than the previous fix of 6.8673. President Donald Trump said on Monday the U.N. Security...

  • SYDNEY, April 25- Copper eased in Asia on Tuesday, coming under pressure from investors looking to book gains after a surprise overnight lift in the London contract following a market-friedly French presidential vote. "Copper gained some steam on the back of the French election, but that hasn't held up in Asia," said a Perth- based commodities trader.

  • SHANGHAI/ PARIS, April 25- When China unveiled an historic order for its first large commercial jetliner at a national air show in 2010, Western journalists were kept away, and only local media were allowed to witness a major turning point in China's aviation ambitions. "They will be trying to compete on price against people who are building aircraft at a much...

  • KEEPING SCORE: France's CAC 40 spiked 4.6 percent to nine-year highs of 5,290, while Germany's DAX advanced 3.2 percent to 12,427. The FTSE 100 index of leading British shares was 1.9 percent higher at 7,247. U.S. stocks were poised for solid gains at the open, with Dow futures and the broader S&P 500 futures up 1.2 percent. FRANCE FOCUS: Though Le Pen came second...

  • LONDON, April 24- European shares opened sharply higher and the euro briefly vaulted to five-month peaks on Monday after the market's favored candidate won the first round of the French election, reducing the risk of another Brexit-like shock. The victory for pro-EU centrist Emmanuel Macron, who is now expected to beat right-wing rival Marine Le Pen in a...

  • NEW YORK— U.S. stocks joined a worldwide rally Monday after the first round of France's presidential election raised expectations that the European Union will hold together. TRIOMPHE: Coming into Sunday's presidential election in France, several candidates railed against the European Union, one of the world's dominant trading partners.

  • SHANGHAI, April 24- China's yuan weakened slightly against the U.S. dollar on Monday as strong demand for the greenback offset a stronger midpoint fixing by the central bank. The People's Bank of China set the midpoint rate at 6.8673 per dollar prior to the market open, 150 pips or 0.2 percent firmer than the previous fix, which was 6.8823. The Thomson Reuters/ HKEX...

  • *Euro jumps as high as $1.0940 in Asia, yen slips broadly. Japan's Nikkei jumped 1.3 percent as the yen retreated, while MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.2 percent. In France, Centrist Emmanuel Macron took a big step toward the presidency on Sunday by winning the first round of voting and qualifying for the May 7 runoff...

  • *Tens of billions of dollars pour into China's " Silk Road". SHANGHAI/ BEIJING, April 24- Global security companies and their smaller Chinese rivals are jostling for business along Beijing's modern-day " Silk Road," the grandiose plan for land and sea routes connecting the world's second largest economy with the rest of Asia and beyond. It won't be easy, however, with...

  • BEIJING, April 23- Home prices in China's financial hub of Shanghai will remain stable in 2017, as cooling measures have taken some heat out of the market, housing authorities were quoted as saying on Sunday. Property prices have soared in China's biggest cities such as Shanghai and Beijing since last year, prompting regulators to step up control to rein in the...

  • SHANGHAI— Ivanka Trump's brand intensified its work in China as her father closed in on the Republican nomination for U.S. president, with her company applying for nearly twice as many trademarks in a five-month span as it had in the preceding eight years. Ivanka Trump Marks LLC applied for 36 trademarks in China between March and July of last year.

  • SHANGHAI— General Motors Co. plans to launch 10 electric and gasoline-electric hybrid vehicles in China by 2020, an executive said Friday, as automakers speed up the rollout of alternative vehicles under pressure from Beijing to promote the industry. GM will start production of a pure-electric model in China within two years, Matt Tsien, president of GM China,...

  • SHANGHAI, April 21- The world's busiest container port, Yangshan in China's business hub of Shanghai, is battling severe congestion wrought by dense fog, higher-than-usual volumes and the aftermath of a shake-up in shipping alliances, ocean carriers and port officials say. "We are making efforts to adjust and coordinate the entire port's resources and making...

  • *Asia ex- Japan stocks set for weekly loss; Nikkei higher. LONDON, April 21- Global markets appeared largely calm on Friday, the last day of trading before the first round of France's closely fought presidential election, with French bond yields hitting a three-month low and the euro treading water. Traders said this was on concern the attack could sway the vote in...

  • SYDNEY, April 21- Zinc led a near across-the board rise in Shanghai base metals futures on Friday on the back of robust gains in overnight London trading and buoyant equity markets. The most-traded zinc contract on the Shanghai Futures Exchange climbed more than 3 percent to 21,860 yuan a tonne. Three-month zinc on the London Metal Exchange maintained...

  • *Asia ex- Japan stocks set for weekly loss; Nikkei higher. SINGAPORE, April 21- Asian stocks were set to end the week on a positive note, unscathed by a U.S. trade probe on Chinese steel exports, while the euro remained on edge ahead of Sunday's first round in a tight French presidential election after a shooting overnight in Paris that was claimed by Islamic State.