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  • *Investors shrug off China's falling stocks. NEW YORK, July 28- U.S. and European stock markets climbed 1 percent or more on Tuesday, reversing five days of declines, as investors looked past China's equities sell-off and took buying cues from earnings and mergers news. "The S&P has had five down days in a row and a lot of people are starting to nibble," said Michael...

  • Wall Street's Dow Jones industrial average was up 128.01 points, or 0.73 percent, to 17,568.6 in midday New York trade, the S&P 500 gained 18.45 points, or 0.89 percent, to 2,086.09 and the Nasdaq Composite added 32.60 points, or 0.65 percent, to 5,072.38. RSA Insurance Group jumped 18 percent after Zurich Insurance said it was considering a bid for the British group.

  • LONDON, July 28- While local Chinese fret over the bursting of the Shanghai stock bubble, global investors are more worried about the yuan currency which once seemed destined to rise inexorably. A decade after China released the yuan from its peg to the dollar, ever more international money managers no longer regard the currency as a one-way appreciation bet...

  • NEW YORK, July 28- The U.S. dollar rebounded against the euro and yen on Tuesday after traders took profits from gains in those currencies and favored the greenback on expectations that the Federal Reserve could take a hawkish bias in a policy statement on Wednesday. "Anybody who bought euros amid the 1 percent rally yesterday is likely to take some money off the...

  • NEW YORK, July 28- U.S. and European stocks were on track to snap five-day losing streaks on Tuesday, as investors focused on earnings news and mergers and looked past another fall in Chinese equities and sliding oil prices. RSA Insurance Group jumped 11 percent after Zurich Insurance said it was considering a bid for the British group, which has a market...

  • SHANGHAI, July 28- Mrs Zhu is just the type of investor the Chinese government should worry about as it tries to engineer a turnaround in the country's stock markets, whose massive swings have heightened fears for the country's financial health. One of millions of retail investors trapped by the market crash in June who prefer to hold losing positions rather...

  • BEIJING, July 28- Air China Ltd said on Tuesday it aims to raise up to 12 billion yuan in a private placement of A-shares to help fund the purchase of 15 Boeing planes and upgrade its direct sales service. The new B787 Dreamliners, worth 24 billion yuan in list prices, will fly long-haul routes to North America and Europe, Air China said in a stock exchange filing.

  • BEIJING/ SHANGHAI, July 28- China Eastern Airlines plans to work with new investor Delta Air Lines to expand its global footprint beyond China-U.S. routes, an executive from the Shanghai- based carrier said. While the airlines will deepen their ties on trans-Pacific routes, there is scope to work in other regions such as Europe, James Wang, China Eastern's board...

  • *RSA surges on possible bid from Zurich Insurance. *Kering climbs after sales rise. LONDON, July 28- European shares bounced back on Tuesday, lifted by strong company results and corporate takeover activity after falling in the previous five sessions due to concerns over China's growth.

  • MANILA/ LONDON, July 28- Demand for gold slid to its lowest in six years in the second quarter of this year as buyers from top consumer China poured funds into its now troubled equities market, an industry report showed on Tuesday. Retail investment from China fell by a quarter and jewellery demand by 23 percent in the April to June period as stock markets there...

  • LONDON, July 28- Gold edged higher on Tuesday but remained near 5-1/ 2- year lows as markets braced for this week's two-day Federal Reserve meeting, at which policymakers are tipped to give further clues on the timing of a U.S. rate increase. Gold hit a low of $1,077 on Friday, its cheapest since early 2010, in a fifth week of losses. "Gold is treading water despite a...

  • BEIJING— A timeline of government measures aiming at curbing a slide in share prices after China's main market index peaked June 12 and fell sharply in the following weeks:. June 27: Beijing announces a surprise interest rate cut— its fourth since November— in what market analysts say is a move to reassure investors recent changes in bank regulators are not aimed...

  • BEIJING— China's stock market tumbled this week despite a massive government intervention aimed at halting a slide in prices that began last month. But on Monday the sell-off resumed, with the Shanghai index suffering a drop of 8.5 percent, its biggest daily fall since February 2007. But even with the new additions, a survey by Southwestern University of Finance...

  • *Kering, Statoil up on encouraging company updates. LONDON, July 28- European shares bounced back on Tuesday, lifted by strong company results and news of acquisitions after falling in the previous five sessions on concerns over China's growth. RSA Insurance Group surged 11.3 percent after Zurich Insurance said it was weighing up a bid for the British group with...

  • *European, U.S. stocks shrug off China fall. Germany's DAX, France's CAC 40 and Britain's FTSE 100 were all up around 0.5 percent too, while S&P futures pointed to similar gains at the open on Wall Street. Earlier, MSCI's broadest index of Asia-Pacific shares outside Japan ended the day 0.2 percent higher after falling nearly 1 percent early on, touching its lowest...

  • LONDON, July 28- The dollar rose from a two-week low against the yen on Tuesday, as investors brushed off China's stock market rout and focused instead on the possibility of a 2015 U.S. interest rate rike ahead of the start of a Federal Reserve meeting. The dollar gained a third of a percent to 123.66 yen, up from its low of 123.01 yen on Monday. "We're in for a little bit of a...

  • SHANGHAI, July 28- Chinese shares fell on Tuesday, as Beijing scrambled once again to prop up a stock market whose wild gyrations have heightened fears about the financial stability of the world's second biggest economy. But despite those moves, aimed at bolstering the confidence of the ordinary investors who dominate China's equity markets, the CSI300 index...

  • China stocks end lower as Beijing renews support Tuesday, 28 Jul 2015 | 3:12 AM ET

    HONG KONG, July 28- China stocks ended lower in a volatile session on Tuesday, even as Beijing pledged to lend further support after stocks sank 8 percent in the previous session, raising concerns about financial stability in the world's second-biggest economy. "Instead of jumping in to buy stocks, investors liquidated their positions and took to the sidelines...

  • MANILA, July 28- Gold hovered near its weakest level since early 2010 on Tuesday, reflecting investor hesitation to bid up bullion amid growing expectations of a near-term hike in U.S. interest rates. "If anything it's a little bit surprising that we haven't had the safe-haven bid in gold even though you've had these big risk-off moves in the Chinese equity market,"...

  • HONG KONG, July 28- Asian stocks rose from the day's lows on Tuesday as Chinese shares see-sawed after Beijing scrambled to prop them up while some investors took shelter from market volatility in safe-haven assets such as government bonds and the Japanese yen. MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.3 percent on the day after...