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  • *China says will extend household registrations. BEIJING, Dec 9- China will give household registration permits to its unregistered citizens and make medical insurance coverage more equal, the government said on Wednesday, as it looks to overhaul systems often under fire for failing those people most in need. The Xinhua state news agency also said China had...

  • *Some estimate up to $6 tln could flow to overseas stocks, bonds. SHANGHAI, Dec 10- It has taken a slump in the property market, a white-knuckle ride on local shares and a currency devaluation, but China's retail investors are finally taking a serious look at overseas stocks and bonds. In November China's foreign exchange reserves drained by their third-sharpest...

  • SHANGHAI, Dec 10- China stocks rose on Thursday as investors responded positively to a government announcement that it would shift to a U.S.-style registration system for initial public offerings within two years, a transition regulators described as being "gradual". In an apparent move to ease investors' concerns, China's securities regulator said that the...

  • MELBOURNE, Dec 10- Shanghai metals climbed on Thursday as the dollar dropped and on hopes that Beijing would step up support measures for its beleagured industrial metals sector after it cut some export tarrifs on steel. *Shanghai Futures Exchange copper rose by 0.8 percent to 35,110 yuan a tonne. *China's top aluminium smelters will meet on Thursday to discuss...

  • *Some estimate up to $6 tln could flow to overseas stocks, bonds. SHANGHAI, Dec 10- It has taken a slump in the property market, a white-knuckle ride on local shares and a currency devaluation, but China's retail investors are finally taking a serious look at overseas stocks and bonds. In November China's foreign exchange reserves drained by their third-sharpest...

  • *Tax rebates helping China exporters undercut overseas rivals. *China steel exports at record levels, stoking trade friction. China's steel exports topped 100 million tonnes for the first time this year, more than four times 2014 shipments from the European Union's largest producer, Germany.

  • SHANGHAI, Nov 2- The crates of Chateau Brehat wine from Bordeaux had gathered dust for three years in a bonded warehouse on the outskirts of Shanghai before the owners cut their losses in July, slashing three-quarters off the $50 price tag. "When we started there was huge demand so we could control prices, big margins no problem," said Xavier Grangier, sales director...

  • *China to cut export duties on some steel, chemical products. SHANGHAI/ BEIJING, Dec 9- China said on Wednesday it would cut some import and export taxes next year to boost its ailing trade sector, raising concerns that cheaper Chinese products could exacerbate a global oversupply of basic materials such as steel and chemicals. Trade tensions are already growing...

  • TOKYO, Dec 9- Asian stocks slipped on Wednesday as crumbling commodity prices and data pointing to cooling demand from China sapped investor appetite for risk assets. Spreadbetters expected slightly calmer nerves to prevail in Europe, forecasting a modestly higher open for Britain's FTSE, Germany's DAX and France's CAC. MSCI's broadest index of...

  • SHANGHAI, Dec 9- China's yuan extended losses against the dollar on Wednesday, after the central bank set its guidance rate at its lowest since August 2011, raising concerns about the Chinese currency's recently weak trend. The People's Bank of China set the midpoint at 6.4140 per dollar prior to market open on Wednesday- its lowest level since early August 2011...

  • *China Nov inflation edges up but produce price deflation endures. TOKYO, Dec 9- Asian stocks were down across the board on Wednesday as crumbling oil prices and data pointing to cooling demand from China sapped investor appetite for risk assets. MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.2 percent and edged towards its November trough, a...

  • BEIJING, Dec 9- China will cut export taxes on steel billet and pig iron from Jan. 1 2016, the finance ministry said on Wednesday, as part of a raft of measures aimed at boosting economic growth in the world's second-largest economy. It did not give details on the size of the cut. China would also cut tariffs on some energy raw materials, but the ministry did not identify...

  • SHANGHAI, Dec 9- South Korea has set December 15 as the date it will issue 3 billion yuan worth of yuan-denominated bonds in the Shanghai- based Chinese interbank market, South Korea said on Wednesday. In doing so South Korea will become the first foreign country to issue sovereign "Panda" bonds in China. A book-building of the three-year "Panda" bonds will be...

  • *China commands fifth of chip design market. HONG KONG, Dec 9- China's multi-billion dollar drive towards self-reliance in semiconductors has spawned a cluster of chip designers that industry experts say could eventually rival leaders Qualcomm Inc and MediaTek Inc. The revelations have made China a harder place for U.S. tech firms to do business, with Qualcomm...

  • BEIJING, Dec 9- The Beijing offices of Shequ001, a start-up delivering supermarket goods booked via smartphone, stand almost deserted. Zhang, who gave only his family name, is one of fewer than three dozen workers left at a company that last year was worth 2 billion yuan. In China's hottest tech sector, hundreds of "online to offline" start-ups like Shequ001, which draw...

  • LONDON, Dec 8- From the Swiss franc's record rise in January to the near certainty of a historic U.S. interest rate hike in December, 2015 was a far more volatile year for financial markets than most predicted 12 months ago. Bond yields across Europe plunged well below zero, the Dow Jones fell 1,000 points in one day in August and turmoil in Chinese stocks turned a...

  • SHANGHAI, Dec 8- Shanghai stocks posted their biggest loss in 10 days, as disappointing China trade data and slumping oil prices unnerved investors already cautious ahead of an anticipated U.S. rate hike that could trigger more capital outflows. The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 1.8 percent, to 3,623.02, while the...

  • SHANGHAI, Dec 8- China's yuan slid against the dollar on Tuesday after the central bank guided the currency lower via its daily midpoint and trade data showed the economy remained weak in November. The People's Bank of China set the midpoint rate at 6.4078 per dollar prior to market open, 0.15 percent weaker than the previous fix 6.3985. China's trade performance...

  • BEIJING/ SEOUL, Dec 8- South Korea expects its planned yuan-denominated sovereign bond issuance in China to be made during next week, a finance ministry official said soon after China's central bank approved the 3 billion yuan sale on Tuesday. The finance ministry said in a statement South Korea would be the first country to issue yuan-denominated sovereign...

  • *China challenges Germany as world's top solar producer. Even as China is set to overtake Germany as the country with the world's highest installed solar capacity, growth in small-scale solar such as rooftop panels has been so weak that planners didn't even bother setting new targets this year for installations under 20 megawatts in size.