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  • *Yuan rises 0.6 pct in morning trade, strongest daily rise since 2005. SHANGHAI, March 19- China's yuan looks set to post its biggest-ever weekly gain as Beijing moves to head off the risk of capital flight and quash speculation. The sharp correction to the exchange rate comes as state-owned banks are aggressively selling dollars at the behest of the People's Bank...

  • MELBOURNE, March 19- London copper rose more than 1 percent on Thursday, after dropping to a one-month low in the previous session, as the dollar sagged on indications of a later start to U.S. interest rate hikes. "It's all about the U.S. dollar and it's pretty short-term," said analyst Joel Crane at Morgan Stanley in Melbourne. London Metal Exchange copper rose 1.3...

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 0.2 percent, to 3,839.74, while the Shanghai Composite Index gained 0.2 percent, to 3,582.27 points. Among the most active stocks in Shanghai were Bank of China, down 1.2 percent to 4.28 yuan; Hainan Airline, down 0.2 percent to 4.32 yuan and China State Construction, up 4.0 percent to...

  • SHANGHAI/ SEATTLE, March 19- Starbucks Corp will partner Taiwanese drinks maker Tingyi Holding Corp to produce and sell ready-to-drink beverages in China, becoming the latest global firm to latch on to a local peer to expand in the tricky market. Starbucks will have Tingyi manufacture the drinks for China and help extend its distribution on the mainland, the U.S....

  • *European shares follow Asia higher. *Brent crude dips towards $53 a barrel on supply. If we get that and a measured message on the dollar's impact on inflation then, given the slight retracement we have seen in the first half of this week, I think the dollar will do well, "said Michael Sneyd, a currency strategist with BNP Paribas in London.

  • SHANGHAI, March 18- The yuan posted its strongest daily gain in a year as the People's Bank of China set a stronger midpoint on Wednesday and big state-owned banks sold dollars, possibly on behalf of the central bank, traders said. The yuan ended at 6.2294 per dollar, rising 0.33 percent from Tuesday to make its biggest daily rise since March 24. 2014. It was also its...

  • Hong Kong shares rise, following bullish China stocks Wednesday, 18 Mar 2015 | 4:20 AM ET

    March 18- Hong Kong's Hang Seng Index rose nearly 1 percent to close at one-week high on Wednesday, following bullish mainland markets, but investors remain wary of prospects for tighter liquidity when U.S. interest rates eventually increase. The index measuring price differences between dual-listed companies in Shanghai and Hong Kong rose to a two-month...

  • *Premiums offered at about $300/ T for big buyers- trade. HONG KONG, March 18- Chinese buyers of primary aluminum are reluctant to book imports for the second quarter as they hold limited cash and as falling premiums prompt them to postpone purchases, traders and industry sources said. While China is the world's top producer of aluminum, some end users buy the metal...

  • China stocks keep rallying on stimulus hopes Wednesday, 18 Mar 2015 | 3:10 AM ET

    The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 2.4 percent, to 3,846.06, while the Shanghai Composite Index gained 2.1 percent, to 3,577.30 points. Among the most active stocks in Shanghai were Bank of China, up 2.9 percent to 4.33 yuan; and Agricultural Bank of China, up 3.2 percent to 3.51 yuan. In Shenzhen, BOE Technology, up 9.9...

  • HONG KONG, March 18- China's average new home prices fell at the fastest pace on record in February from a year earlier, hurt by slower sales during the Lunar New Year holidays, but developers and analysts expected prices to slowly recover- particularly in top-tier cities. Average new home prices in China's 70 major cities dropped 5.7 percent last month from a year...

  • *China shares to outperform Hong Kong peers- analysts. SHANGHAI, March 18- China stocks rallied for the sixth straight session on Wednesday, powered by cyclical sectors such as steel, highways and property, as weak economic data raised investors' hopes of fresh stimulus. The weak reading following numbers on Tuesday which showed foreign direct investment in...

  • SHANGHAI, March 18- China's yuan hit its highest level against the dollar since mid- January on Wednesday, breaching a psychologically important barrier, buoyed by a firmer central bank midpoint and massive dollar sales by big state-owned banks, traders said. The People's Bank of China showed its intention to keep the currency steady by setting the midpoint...

  • HONG KONG, March 18- China's average new home prices fell at the faster pace on record in February from a year earlier, hurt by slower sales during the Lunar New Year holidays, but developers and analysts expected prices to slowly recover- particularly in top-tier cities. Average new home prices in China's 70 major cities dropped 5.7 percent last month from a year...

  • China Feb home prices fall 5.7 pct y/y Tuesday, 17 Mar 2015 | 9:44 PM ET

    March 18- Average new home prices in China's 70 major cities fell for the sixth consecutive month in February from a year earlier, down 5.7 percent. The National Bureau of Statistics said on Wednesday new home prices in Beijing fell 3.6 percent last month from a year earlier, versus the previous month's drop of 3.2 percent. China's property sales in the first two...

  • BEIJING, March 17- Foreign direct investment in China grew at its weakest pace in six months in February, but analysts caution that seasonality may explain the swings even as a weakening economy continues to dent investor confidence. "We expect FDI to maintain slow growth this year, probably similar to last year," said Zhao Hao, China economist at ANZ in Shanghai.

  • *China bonded copper stocks up in Feb to 620,000 T- CRU. MELBOURNE, March 17- London copper slipped on Tuesday, undermined by a slow recovery in Chinese demand after last month's Lunar New Year, although a softer dollar stemmed losses. Appetite for copper should however increase due to China's investment plans for its national grid, given that power cable is a major...

  • March 17- Chinese conglomerate Fosun International Ltd is considering a bid for Cushman& Wakefield Inc, the world's third-largest real estate company, Bloomberg reported, citing sources familiar with the matter. The deal would bring Fosun industry expertise that could help it manage its global real-estate investments and explore new deals, Bloomberg said,...

  • The CSI300 index of the largest listed companies in Shanghai and Shenzhen rose 1.4 percent, to 3,757.12, the highest close since August 2009. Among the most active stocks in Shanghai were Bank of China, up 0.7 percent to 4.21 yuan; Everbright Bank, up 4.3 percent to 4.42 yuan and Agricultural Bank of China, up 1.2 percent to 3.40 yuan. In Shenzhen, BOE Technology, up 9.9...

  • BEIJING, March 17- Foreign direct investment in China grew 0.9 percent year-on-year in February, slowing sharply from January's surge, but analysts caution that seasonality may explain the swings even as a weakening economy continues to dent investor confidence. "We expect FDI to maintain slow growth this year, probably similar to last year," said Zhao Hao, China...

  • SHANGHAI, March 17- China's main stock index rose to its highest in almost seven years on Tuesday morning, breaking through a key psychological resistance level to raise investors' hopes that the market has resumed a bull run begun midway through last year. "There's no doubt it's a bull market," said David Dai, Shanghai- based investment director at Nanhai Fund...