SHANGHAI, April 19- Electric vehicle concepts shown in Shanghai this week, such as the Audi AI: me and Infiniti QX Inspiration, point to a future of living-room-like comfort in cars with flat floors and ample space for sofa-like bench seats. As most batteries in an EV are laid out flat under the floor, the EVs shown in the Shanghai auto show, which started on Tuesday,...
*SSEC +0.6 pct, highest close since March 21, 2018. SHANGHAI, April 19- Chinese shares rallied on Friday afternoon in thin volumes from earlier profit-taking to end the day at a near 13- month closing high, with signs of an economic recovery in China contributing to a recent surge. About 31.52 billion shares were traded on the Shanghai exchange, roughly 79.2 percent...
BEIJING, April 19- Most Shanghai base metal prices drifted lower on Friday as traders were away in Europe and parts of Asia for the Good Friday holiday, while the London Metal Exchange was closed until Tuesday. Copper on the Shanghai Futures Exchange was down 0.5 percent by the end of the morning but still on course to end the week up 0.6 percent after positive macro...
Great Wall Motor's sub-brand Ora launched electric car R1 in December with a focus on urban users.
SHANGHAI, April 19- China's benchmark equity index inched lower on Friday, while blue-chips edged higher, as investors await clearer signs of a sustainable economic recovery and a resolution to a long-running trade war with the United States. **China's blue-chip CSI300 index was up 0.08 percent, with its financial sector sub-index higher by 0.52 percent, the...
BEIJING, April 19- Shanghai copper prices drifter lower in morning session as the Good Friday holiday saw traders in Europe and parts of Asia sit out of the market, while the London Metal Exchange is closed until Tuesday. The metal nonetheless remains on course to end the week up 0.4 percent in Shanghai after positive macro data from top metals consumer China,...
LONDON, April 18- Is the London Metal Exchange's physical storage function in danger of slipping into the shadows? London tin traders have learnt to navigate the contract's liquidity gaps in terms of physical settlement, although it's getting harder judging by this week's events. Global usage in 2017 was 362,500 tonnes, most of it going into semi-conductor...
LONDON, April 18- Is the London Metal Exchange's physical storage function in danger of slipping into the shadows? London tin traders have learnt to navigate the contract's liquidity gaps in terms of physical settlement, although it's getting harder judging by this week's events. Global usage in 2017 was 362,500 tonnes, most of it going into semi-conductor...
LONDON, April 18- Zinc prices sank to a one-month low on Thursday after inventories in London Metal Exchange warehouses climbed and weak manufacturing data in Europe took the shine off base metals. Base metals prices had jumped in the previous session after upbeat GDP data from top consumer China but fell on Thursday as the dollar rose and manufacturing...
LONDON, April 18- Zinc prices sank to a one-month low on Thursday after inventories in London Metal Exchange warehouses climbed and weak manufacturing data in Europe took the shine off base metals. Base metals had jumped in the previous session after upbeat GDP data from top consumer China but fell on Thursday as the dollar rose and manufacturing activity in...
BEIJING, April 18- Shanghai aluminium prices extended gains on Thursday after breaching the psychological 14,000 yuan a tonne barrier for the first time in four-and-a-half months overnight on an improved outlook for the metal in China. *OTHER METALS: Nickel fell sharply to its lowest in nearly two months in both London and Shanghai. Zinc dropped up to 1.5...
BEIJING, April 18- Shanghai aluminum prices extended gains on Thursday after breaching the psychological 14,000 yuan a tonne barrier for the first time in four-and-a-half months overnight on an improved outlook for the metal in China. *OTHER METALS: Nickel fell sharply to its lowest in nearly two months in both London and Shanghai. Zinc dropped up to 1.5 percent...
Amid the Shanghai Auto Show's BMW exhibition area, the company's first electric race car is resting, hot off the tracks.
The Rhombus is a concept car for a battery-powered electric vehicle targeted at consumers born after 1990.
*Amazon says China marketplace to shut by July 18. SAN FRANCISCO/ BEIJING/ HONG KONG, April 18- A mazon.com Inc said it will shut its China online store by July 18, as the U.S. e-commerce giant focuses on the lucrative businesses of selling overseas goods and cloud services in the world's most populous nation. The move underscores how entrenched, home-grown...
*AMAZON SAYS MAKING OPERATIONAL ADJUSTMENTS TO FOCUS EFFORTS ON CROSS-BORDER SALES IN CHINA.
BEIJING, April 18- Shanghai aluminum prices breached the psychological 14,000 yuan a tonne barrier for the first time in four and a half months overnight and extended gains on Thursday on an improved outlook in top consumer China. *ALUMINIUM: The most traded aluminum contract on the Shanghai Futures Exchange, for delivery in June, rose as much as 0.8 percent to...
BEIJING, April 18- Shanghai aluminium prices breached the psychological 14,000 yuan a tonne barrier for the first time in four and a half months overnight and extended gains on Thursday on an improved outlook in top consumer China. *ALUMINIUM: The most traded aluminium contract on the Shanghai Futures Exchange, for delivery in June, rose as much as 0.8 percent to...
SAN FRANCISCO/ SHANGHAI, April 17- Amazon.com Inc plans to close its domestic marketplace business in China by mid-July, people familiar with the matter told Reuters on Wednesday, focusing efforts on its more lucrative businesses selling overseas goods and cloud services in the world's most populous country. Shoppers in China will no longer be able to buy...
*China data boosts metals sentiment. LONDON, April 17- Copper prices hit a nine-month high on Wednesday as firmer-than-expected economic growth figures from China boosted expectations for higher demand in the world's top metals consumer. China, which is in the midst of a trade conflict with the United States, ramped up fiscal stimulus this year to support the...
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