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  • LONDON, March 13- Visible copper stocks are surging higher. Those registered with the Shanghai Futures Exchange jumped again this week to 241,616 tonnes. They are now up by 136,000 tonnes since the start of January and close to the record high of 247,591 tonnes seen in March 2013.

  • SHANGHAI, March 13- From cut-price apple pies to free iPads, companies in China are transforming Sunday's dreaded consumer rights day into a shopping frenzy, to blunt the impact of being named and shamed in state broadcaster CCTV's annual expose. McDonald's Corp is discounting pies three years after food safety lapses made it a one-time target of the...

  • SHANGHAI, March 13- From cut-price apple pies to free iPads, companies in China are transforming Sunday's dreaded consumer rights day into a shopping frenzy, to blunt the impact of being named and shamed in state broadcaster CCTV's annual expose. McDonald's Corp is discounting pies three years after food safety lapses made it a one-time target of the...

  • HONG KONG, March 13- China must make bolder market reforms before Chinese-listed shares can be included in key MSCI emerging market benchmark indexes, leading global fund managers and MSCI insiders told Reuters. Anticipation that MSCI would push ahead with plans to include locally-listed China' A' shares in its Emerging Markets Index, which is tracked by $1.7...

  • SHANGHAI, March 13- China's main stock indexes rose to two-month highs on Friday, fuelled by a second-day surge in banking shares after Beijing unveiled details of a local government debt swap scheme which analysts say would bolster lenders' balance sheets. China's finance ministry said late on Thursday that more than half of the high-interest local...

  • LONDON, March 13- Britain said it has sought to become a founding member of the Asian Infrastructure Investment Bank, making it the first Western nation to embrace the China- backed institution, but the United States reacted frostily to the development. Analysts have said it could challenge the Western-dominated World Bank and Asian Development Bank.

  • UPDATE 1-UK to join China-backed Asian development bank Thursday, 12 Mar 2015 | 10:30 PM ET

    LONDON, March 12- Britain said it will seek to become a founding member of the Asian Infrastructure Investment Bank, a new regional body backed by China that has raised concerns in the United States about governance standards. Analysts have said it could challenge the Western-dominated World Bank and Asian Development Bank in the region.

  • UK to join China-backed Asian development bank Thursday, 12 Mar 2015 | 6:27 PM ET

    LONDON, March 12- Britain said it will seek to become a founding member of the Asian Infrastructure Investment Bank, a new regional body backed by China that has raised concerns in the United States about governance standards. Analysts have said it could challenge the Western-dominated World Bank and Asian Development Bank in the region.

  • BEIJING, March 12- China's central bank governor on Thursday signalled that Beijing is comfortable with the current macroeconomic environment and plans to stick with its "prudent" monetary policy. Both are seen as key reforms needed for the wider restructuring of China's economy and a move away from miscalculated and mispriced investment.

  • HONG KONG, March 12- China is opening a free trade zone in Guangdong next week, part of its wider financial reforms that include moving to a fully convertible yuan currency and capital account liberalisation. In December, China said it would open three more FTZs- in Guangdong, Fujian and Tianjin- and these would duplicate the Shanghai model. China kicked off its...

  • China stocks rise, led by banks on debt swap plan Thursday, 12 Mar 2015 | 3:09 AM ET

    The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 1.9 percent, to 3,592.84, while the Shanghai Composite Index gained 1.8 percent, to 3,349.32 points. Among the most active stocks in Shanghai were Bank Of China, up 4.2 percent to 4.18 yuan; Industrial Bank, up 9.4 percent to 15.94 yuan and Agricultural Bank Of China, up 2.8 percent to 3.31...

  • *Deal partly a defensive move for Alibaba- analyst. March 11- Alibaba Group Holding Ltd is investing $200 million in photo-messaging app Snapchat, a source familiar with the deal said, striking its latest Silicon Valley deal as the Chinese ecommerce company builds up mobile services. With Snapchat blocked in China it is unclear what immediate value the startup...

  • BEIJING, March 12- China will expand its employment survey to include the whole country in the second half of 2015, up from 65 cities and counties currently, sources with direct knowledge told Reuters on Thursday. China has two official unemployment measures. "The data series will include unemployment rates among different groups, labour participation rates...

  • SHANGHAI, March 12- China stocks rose on Thursday, fueled by a surge in banking shares as investors expect lenders and the economy to benefit from Beijing's plans to let local governments swap out expensive debt, easing their massive debt burdens. The market also rose on hopes that China will step up monetary easing to aid the slowing economy.

  • *China bank shares surge after rumours of bond buys by govt. SHANGHAI, March 12- China stocks rose on Thursday, led by a surge in banking shares on expectations that lenders and the economy will benefit from Beijing's plans to allow local governments to swap out expensive debt, easing their massive debt burdens. Some market watchers compare the move to U.S-style...

  • UPDATE 2-Indian firms could get boost from Google, Alibaba Wednesday, 11 Mar 2015 | 10:32 PM ET

    MUMBAI, March 11- Two Indian firms could get a boost from tech majors in what might turn out to be the first direct investment in the country by Google Inc and Alibaba. Chinese e-commerce giant Alibaba is in talks with Indian online marketplace Snapdeal over a potential cash investment, a person familiar with the negotiations said. Alibaba is "looking, but there's...

  • BEIJING, March 11- Shares in five Chinese state-owned firms rose by their daily limit last week ahead of the companies filing potentially market-moving news, raising questions over whether Beijing's plans to restructure the state sector are reaching some investors ahead of them being made public. Securities regulators have struggled for years to restore...

  • HONG KONG, March 11- China's property sales in the first two months of 2015 dropped by the most in three years amid a glut of housing supply, and real estate investment growth eased. The property sector accounts for some 15 percent of China's economic output, with weak property sales highlighting the risks faced even to achieve the government's reduced 7 percent...

  • BEIJING/ HONG KONG, March 11- China is poised to embark on a fresh round of industrial consolidation, as part of a sweeping plan to reinvigorate the country's inefficient state-owned enterprises and raise the global competitiveness of domestic industry. The initiative, dubbed "Made in China 2025", focuses on promoting key sectors, led by railways and nuclear...

  • China stocks give up early gains on fresh economic data Wednesday, 11 Mar 2015 | 3:12 AM ET

    The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 0.1 percent, to 3,524.65, while the Shanghai Composite Index gained 0.2 percent, to 3,290.90 points, helped by rises in banking stocks. Among the most active stocks in Shanghai were Bank Of China, up 2.0 percent to 4.01 yuan; Agricultural Bank of China, up 0.6 percent to 3.22 yuan and...