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Asia Top News and Analysis Shanghai

  • *Singapore oBike hopes to launch in Paris in coming weeks. Launched just last week, Hong Kong's Gobee.bike has already spread its bikes all over Paris and Chinese giants Ofo and Mobike, as well as Singapore startup oBike, see entering the French capital as a key step in their plans to conquer Europe's city centres. Paris deputy mayor for urban planning Jean-Louis...

  • LONDON, Oct 20- Adidas has launched the first of six planned city-themed running shoe models in London as it capitalises on its first Speedfactory, which it has opened in Germany and equipped with time-saving robotics. After London it plans shoe models inspired by Paris, New York, Los Angeles, Tokyo and Shanghai. Adidas relies on more than one million workers in...

  • SYDNEY/ MANILA, Oct 20- London nickel futures jumped to a six-week high on Friday, supported by a rally in Chinese steel prices as investors looked to more production curbs in the world's top steel producer. Traders said the modest pullback in copper on Thursday was in reaction to data showing that economic growth in China, the world's biggest metals consumer, was...

  • The new iPhone 8, iPhone X and iPhone 8S are displayed during an Apple special event at the Steve Jobs Theatre on the Apple Park campus on September 12, 2017 in Cupertino, California.

    Jabil Inc., which runs the Green Point factory in Wuxi city, maintains that only 20 to 40 employees were actually protesting.

  • CHICAGO, Oct 19- Lab experiments on a new strain of the H7N9 bird flu circulating in China suggest the virus can transmit easily among animals and can cause lethal disease, raising alarm that the virus has the potential to trigger a global human pandemic, researchers reported on Thursday. The H7N9 virus has been circulating in China since 2013, causing severe...

  • *MSCI world index drops off latest high, Wall Street to drop China Q3 GDP growth slows slightly to 6.8 pct vs 6.9 pct in Q2. *China cenbank head warns of' Minsky moment'. LONDON, Oct 19- World stocks set a fresh record high before stalling in Europe on Thursday, as the longest winning streak for Japanese stocks since 1998 and the first close above 23,000 for Wall Street's...

  • *MSCI world index drops off latest high as Spain weighs on Europe China Q3 GDP growth slows slightly to 6.8 pct vs 6.9 pct in Q2. LONDON, Oct 19- World stocks set a fresh record high before stalling in Europe on Thursday, as the longest winning streak for Japanese stocks since 1998 and the first close above 23,000 for Wall Street's Dow index helped to offset nerves in...

  • BEIJING, Oct 19- China has ordered state oil companies to speed up the construction of pipelines to move natural gas to homes and factories, underscoring worries that the country's insufficient infrastructure could cause power outages during the peak winter demand period. The alert shows Beijing is trying to head off supply disruptions during the peak...

  • *New wave of firms pioneer discovered-in- China medicines. "It's almost a coming out party for China biotech," said Christian Hogg, chief executive of Hutchison China MediTech or Chi-Med, which presented promising data at a global medical congress this week on a lung cancer drug it discovered in China and is developing with AstraZeneca. "China is in vogue because of...

  • SHANGHAI/ MANILA, Oct 19- China's steel output dropped in September from a record high the previous month as mills in the world's top producer cut production in line with Beijing's campaign for clearer skies, pointing to further drops as winter curbs set in. Mills in the northern part of China are expected to cut output during the winter season- four months from...

  • *China Q3 GDP growth slows slightly to 6.8 pct vs 6.9 pct in Q2. Spreadbetters expected Britain's FTSE to open 0.1 percent lower, Germany's DAX to start flat and France's CAC to open down 0.1 percent. Data on Thursday showed China's economic growth cooled slightly to 6.8 percent in the third quarter from a year earlier, from the second quarter's 6.9 percent, as...

  • SHANGHAI, Oct 19- China's yuan eased against the U.S. dollar on Thursday morning after slightly slower economic growth in the third quarter, while strong corporate demand for the greenback piled additional pressure on the Chinese currency. China's economy grew 6.8 percent in July-September period from a year earlier, in line with market expectations and...

  • BEIJING, Oct 19- China's economic growth slowed slightly as expected in the third quarter as the government's efforts to rein in the property market and debt risks tempered activity in the world's second-largest economy. While China produced forecast-beating growth of 6.9 percent in the first half, many economists and investors had expected momentum would...

  • BEIJING, Oct 19- China's economic growth slowed slightly as expected in the third quarter as the government's efforts to rein in the property market and debt risks tempered activity in the world's second-largest economy. While China produced forecast-beating growth of 6.9 percent in the first half, many economists and investors had expected momentum would...

  • SHANGHAI, Oct 19- China's steel output in September fell 3.7 percent from the previous month, when output reached a record, as mills in the world's top producer curbed output because of the central government's crackdown on air pollution and overcapacity. Crude steel production was at 71.83 million tonnes last month, up 5.3 percent from a year ago, and taking the...

  • *China Q3 GDP expands 6.8 pct as expected, mkt reaction limited. *Market focus on Fed, China's party congress. Other data showed China's industrial output rise a stronger-than-expected 6.6 percent in September, while retail sales also outperformed, though investment growth eased more than expected and property sales fell for the first time in over two years.

  • *Oil prices rise on tighter US market, Middle East tensions. MILAN, Oct 18- World stocks stayed near all-time peaks and the dollar extended a winning streak on Wednesday as the focus on upcoming changes to monetary policies in the U.S. and the euro zone grew. The start of China's Communist Party conference, the extension of talks over the North American Free Trade...

  • MILAN, Oct 18- World stocks stayed near peaks and currencies moved in tight ranges on Wednesday as China's Communist Party conference opened and the focus in Europe turned to speeches from top euro zone central bankers before next week's key policy meeting. European shares steadies around four-month highs with a raft of company results in focus and euro zone...

  • SHANGHAI, Oct 18- China stocks firmed on Wednesday, with the blue-chip index closing at a 26- month high, as investors pinned hopes on a key leadership summit in Beijing promoting reforms to boost growth in the world's second-largest economy. Investors are keen for direction on economic and financial market reform over the next five years, though China's...

  • *China's Xi pledges to pledge to build "modern socialist country". SYDNEY, Oct 18- Asian shares consolidated recent gains and currencies kept to tight ranges on Wednesday as the opening of China's Communist Party conference produced more in the way of aspirational politics than concrete policies. China's blue-chip CSI300 index added 0.5 percent in reaction,...