Asia Top News and Analysis Shanghai

  • LONDON, Aug 24- Global aluminum production fell by 1.2 percent to 33.12 million tonnes in the first seven months of this year, according to the International Aluminium Institute. Equally noteworthy are the divergent trends between dominant producer China and the rest of the world. China, meanwhile, has long been the driver of production growth to the point that...

  • LONDON, Aug 24- Global aluminium production fell by 1.2 percent to 33.12 million tonnes in the first seven months of this year, according to the International Aluminium Institute. Equally noteworthy are the divergent trends between dominant producer China and the rest of the world. China, meanwhile, has long been the driver of production growth to the point that...

  • LONDON, Aug 24- Global aluminum production fell by 1.2 percent to 33.12 million tonnes in the first seven months of this year, according to the International Aluminium Institute. Equally noteworthy are the divergent trends between dominant producer China and the rest of the world. China, meanwhile, has long been the driver of production growth to the point that...

  • LONDON, Aug 24- Global aluminium production fell by 1.2 percent to 33.12 million tonnes in the first seven months of this year, according to the International Aluminium Institute. Equally noteworthy are the divergent trends between dominant producer China and the rest of the world. China, meanwhile, has long been the driver of production growth to the point that...

  • BEIJING, Aug 24- China stocks slipped on Wednesday, pulled down by financial shares amid receding expectations of aggressive monetary easing, while property shares also declined. The CSI300 index, which tracks the largest listed companies trading in Shanghai and Shenzhen, fell 0.4 percent, to 3,329.86 points. China's central bank on Wednesday injected cash...

  • *HK-> Shanghai Connect daily quota used 1 pct, Shanghai-> HK daily quota used 5.7 pct. BEIJING, Aug 24- China stocks were down modestly at the lunch break on Wednesday with the blue-chip CSI 300 index edging down marginally, dragged by financial shares amid receding expectations of further aggressive monetary easings. The CSI300 index, which tracks the largest listed...

  • BEIJING— On a seaside field south of Shanghai, workers are constructing a nuclear reactor that is the flagship for Beijing's ambition to compete with the United States, France and Russia as an exporter of atomic power technology. Still, experts say Beijing underestimates how tough it will be for its novice nuclear exporters to sell abroad.

  • *Investors in China warehouses include Warburg Pincus, Carlyle. *China online shopping revenues expected to hit $1.1 trln in 2018. "The thinking was even if it didn't necessarily scale to the size we were anticipating, we had a good sense that while Boston is a pretty decent size city in the U.S., China should have far more modern warehousing space over the longer term,"...

  • *Investors in China warehouses include Warburg Pincus, Carlyle. *China online shopping revenues expected to hit $1.1 trln in 2018. "The thinking was even if it didn't necessarily scale to the size we were anticipating, we had a good sense that while Boston is a pretty decent size city in the U.S., China should have far more modern warehousing space over the longer term,"...

  • *Dalian Wanda to control 20 pct of global box office before 2020. BEIJING, Aug 23- Real estate and entertainment conglomerate Dalian Wanda Group Co expects to seal two billion-dollar film-related deals in the United States this year, chairman Wang Jianlin said on Tuesday, as China's richest man steps up his push into Hollywood. In January, Wang splashed $3.5...

  • SHANGHAI, Aug 23- China bond futures posted their sharpest fall in three months on Tuesday as the prospect of more liquidity injections by the central bank into the financial system reduced expectations of more aggressive policy easing. Traders said the People's Bank of China asked banks about demand for 14- day reverse bond repurchase agreements for the...

  • BEIJING, Aug 23- China's biggest cities could see a further spike in home prices after inventories of unsold homes fell sharply in July, state news agency Xinhua reported on Tuesday, citing an industry report. Some China watchers have said it could take two to three years to bring the huge inventory of unsold homes in China down to more healthy levels, but the report...

  • SHANGHAI, Aug 23- China treasury futures slumped on Tuesday after the central bank asked banks about demand for 14- day reverse bond repurchase agreements for the first time since February, traders said. The People's Bank of China has relied on issuance of seven-day reverse repos in daily open market operations this year, injecting cash on a regular basis to...

  • *Nikkei pressured as dollar declines to 100 yen. LONDON, Aug 23- World shares crept up on Tuesday while the dollar lost ground as investors awaited further clues on whether the Federal Reserve will raise U.S. interest rates this year. Early encouragement came from France where surprisingly upbeat PMI figures showed the private sector growing at its fastest pace...

  • *HK-> Shanghai Connect daily quota used 2 pct, Shanghai-> HK 8 pct. BEIJING, Aug 23- China stocks on Tuesday morning recouped some of the previous day's losses, supported by healthcare and financial shares, and small-caps bounced on foreign interest. The CSI300 index, which tracks the largest listed companies trading in Shanghai and Shenzhen, rose 0.3 percent, to...

  • SHANGHAI, Aug 23- China's yuan firmed on Tuesday as banks' clients covered short positions as the dollar eased, but traders said downward pressure on the currency remains. The yuan has lost 2.3 percent so far this year amid a slowdown of China's economic growth and the prospect of a stronger dollar, which is being supported by a gradual recovery in the U.S. economy...

  • SYDNEY, Aug 23- Asia shares inched ahead while oil fell for a second session on Tuesday, as investors awaited guidance on whether the Federal Reserve will raise U.S. interest rates this year. MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3 percent in slow trade. South Korea, Australia and Shanghai all gained.

  • *World Bank set to issue $700 mln in IMF SDR bonds in China. BEIJING/ SHANGHAI, Aug 22- Plans by the World Bank to sell special drawing right bonds in China are facing market headwinds thanks to expectations of low yields, investors said, although state-owned banks will likely take up any slack in demand. China's central bank said earlier in August that the World Bank...

  • BEIJING, Aug 22- China stocks closed lower on Monday as some investors took profits on infrastructure and transportation shares, leaving the blue-chip CSI 300 index with its worst loss in three weeks. The CSI300 index, which tracks the largest listed companies trading in Shanghai and Shenzhen, fell 0.8 percent to 3,336.79 points, its biggest percentage fall...

  • BEIJING, Aug 22- China stocks were dragged by infrastructure and transportation shares as some investors took profit on Monday, but the property market stayed buoyant, while Hong Kong shares eased slightly. The CSI300 index, which tracks the largest listed companies trading in Shanghai and Shenzhen, fell 0.6 percent, to 3,343.61 points at the end of the morning...