Asia Top News and Analysis Shanghai

  • *Factory deflation for 2nd month highlights weakening demand. BEIJING, Sept 10- China's factory-gate prices shrank at the sharpest pace in three years in August, falling deeper into deflationary territory and reinforcing the urgency for Beijing to step up economic stimulus as the trade war with the United States intensifies. China's producer price index...

  • SINGAPORE, Sept 17- Industrial metals prices fell on Tuesday on concerns about demand from top consumer China following data that could signal weakness in the world's second-biggest economy. Benchmark copper on the London Metal Exchange fell 0.6% to $5,833.50 a tonne by 0700 GMT, while the most-traded copper contract on the Shanghai Futures Exchange...

  • LAUNCESTON, Australia, Sept 17- Is it time to challenge the conventional wisdom in iron ore and steel markets that poor Chinese economic data is actually good news because it means Beijing will ramp up stimulus spending, thereby boosting demand? Benchmark Shanghai steel rebar futures gained as much as 2.1% in Monday's trade to 3,575 yuan a tonne, the highest in...

  • SINGAPORE, Sept 17- Industrial metals fell on Tuesday after top consumer China released a slew of weak economic data that raised concerns about demand from the world's second-largest economy. Three-month copper on the London Metal Exchange fell 0.5% to $5,841 a tonne by 0344 GMT, while the most-traded copper contract on the Shanghai Futures Exchange...

  • SHANGHAI, Sept 17- When the sun comes up in Beijing on Oct. 1, the Chinese government will aim to celebrate its 70th birthday under a brilliant blue sky- and factory bosses hope they can get through it without blanket closures. Beijing will close building sites, curb fireworks and restrict fuel sales ahead of the National Day celebrating the founding of the People's...

  • SINGAPORE, Sept 17- Industrial metals fell on Tuesday after top consumer China released a slew of weak economic data that raised concerns about demand from the world's second-largest economy. Three-month copper on the London Metal Exchange fell 0.3% to $5,851 a tonne by 0226 GMT, while the most-traded copper contract on the Shanghai Futures Exchange...

  • SHANGHAI FUTURES EXCHANGE MOST ACTIVELY TRADED NICKEL CONTRACT FALLS 3%.

  • SINGAPORE/ LONDON, Sept 16- Oil prices surged nearly 20% at one point on Monday, with Brent crude posting its biggest intraday gain since the Gulf War in 1991, after an attack on Saudi Arabian oil facilities at the weekend halved the kingdom's production. Brent crude futures, the international benchmark, rose as much as 19.5% to $71.95 per barrel, the biggest...

  • *Bleak China data raises stimulus hopes from Beijing. Further inflaming geopolitical tensions in the region, Trump said the United States was "locked and loaded" for a potential response to the strikes. "Emerging market FX would be the immediate casualty, especially those affected by large oil import bills, with flight to safety expected to support gold and...

  • HONG KONG, Sept 16- The yuan held a firm tone on Monday after a holiday weekend, with markets cheered by signs of progress in U.S.- China trade negotiations though weak economic data at home and turmoil in oil markets curbed gains. Ahead of high level trade talks next month, Beijing exempted duties on U.S. goods and Washington delayed a tariff increase in a rapid...

  • SINGAPORE, Sept 16- Most base metals dropped on Monday, with London copper shedding as much as 1.3%, on increasing signs of slowing demand in top consumer China. China is the biggest user of copper, which is used widely in power, construction and consumption. "Base metals rose recently because markets expected the U.S.- China trade talks will be good overall, but when...

  • HONG KONG, Sept 16- The yuan held a firm tone on Monday after a holiday weekend, with markets cheered by signs of progress in U.S.- China trade negotiations though weak economic data at home and turmoil in oil markets curbed gains. Ahead of high level trade talks next month, Beijing exempted duties on U.S. goods and Washington delayed a tariff increase in a rapid...

  • SHANGHAI, Sept 16- China stocks started the week on a mixed note after bleak economic data reinforced hopes Beijing will roll out more stimulus to underpin the economy and as investors pondered over the latest developments in the Sino-U.S. tariff war. President Donald Trump said on Thursday he preferred a comprehensive trade deal with China but did not rule out...

  • SINGAPORE, Sept 16- Most base metals dropped on Monday, with London copper shedding as much as 1.2%, on increasing signs of slowing demand in top consumer China. China is the biggest user of copper, which is used widely in power, construction and consumption. "Base metals rose recently because markets expected the U.S.- China trade talks will be good overall, but when...

  • *China Aug aluminium output -0.3% y/y at 2.97 mln T- stats bureau. BEIJING, Sept 16- China's primary aluminium output in August fell 0.5% from the previous month, according to data released by the National Bureau of Statistics on Monday, as unexpected outages at two key smelters dented production. August saw two incidents hit aluminium production at China's top...

  • *China Aug aluminum output -0.3% y/y at 2.97 mln T- stats bureau. BEIJING, Sept 16- China's primary aluminum output in August fell 0.5% from the previous month, according to data released by the National Bureau of Statistics on Monday, as unexpected outages at two key smelters dented production. August saw two incidents hit aluminum production at China's top two...

  • SINGAPORE, Sept 16- London copper prices dropped on Monday, while some other base metals also declined, dragged by concerns about slowing demand outlook from top consumer China. Three-month copper on the London Metal Exchange was down 1.1% at $5,909.50 a tonne, as of 0156 GMT, slipping from a 1-1/ 2- month high hit in the previous session on easing trade tensions...

  • BEIJING, Sept 16- China's primary aluminum output in August fell 0.5% from the previous month, according to data released by the National Bureau of Statistics on Monday, as unexpected outages at two key smelters dented production. August saw two incidents hit aluminum production at China's top two private-sector smelters, China Hongqiao Group and Xinfa Group,...

  • BEIJING, Sept 16- China's primary aluminium output in August fell 0.5% from the previous month, according to data released by the National Bureau of Statistics on Monday, as unexpected outages at two key smelters dented production. August saw two incidents hit aluminium production at China's top two private-sector smelters, China Hongqiao Group and Xinfa...

  • *U.S., China make conciliatory gestures before talks. SHANGHAI, Sept 13- China will exempt some agricultural products from additional tariffs on U.S. goods, including pork and soybeans, China's official Xinhua News Agency said Friday, in the latest sign of easing Sino-U.S. tensions before a new round of talks aimed at curbing a bruising trade war.