*FTSE Russell expected to include China shares this week. SHANGHAI, Sept 26- China stocks closed higher on Wednesday as global index provider MSCI said it will consider quadrupling the weighting of Chinese big-caps in its global benchmarks and as FTSE Russell is expected to include Chinese shares in its benchmark this week. **At the close, the Shanghai Composite...
MANILA, Sept 26- London copper fell for a third session in a row on Wednesday ahead of a widely expected U.S. interest rate hike and persistent worries over an escalating U.S.- China trade war. On the Shanghai Futures Exchange, the most-traded November copper gained 0.7 percent to close at 50,530 yuan a tonne. *CHINA DEMAND: Top consumer China's underlying demand...
SHANGHAI, Sept 26- Foreign airlines that fly on 20 popular long-haul routes to China will face fresh competitive pressure as Beijing begins to ease decade-old restrictions on Oct. 1, allowing more Chinese carriers to offer service. Some have already abandoned Chinese routes, with American Airlines recently planning to drop Shanghai- Chicago service after...
*Fidelity, UBS AM, J.P.Morgan AM bargain hunt China shares. *China woos foreign capital to mitigate trade war impact. SHANGHAI, Sept 26- The worsening Sino-U.S. trade war has battered China's stocks and currency this year but that hasn't stopped foreign investors rushing into the country's capital markets, which are increasingly opening up despite rising...
*Haidilao soars on Hong Kong debut. SHANGHAI, Sept 26- China stocks rose on Wednesday on hopes that global index provider MSCI would consider quadrupling the weighting of Chinese big-caps in its global benchmarks, pushing U.S.- China trade war concerns to the backburner for now. **Chinese H-shares listed in Hong Kong rose 2.25 percent to 11,071.53, while the Hang...
*Shanghai shares hit 8- week high, up 1.3 pct. TOKYO, Sept 26- Asian shares inched up on Wednesday, as Chinese stocks extended their recovery to hit eight-week highs on receding fears about the trade war as well as hopes China's weighting in the global benchmark will be increased. MSCI's broadest index of Asia-Pacific shares outside Japan gained 0.4 percent.
SHANGHAI, Sept 25- China's stock markets fell on Tuesday, their first trading day after new U.S. and Chinese tariffs on each others goods kicked in on Monday, while property firms plunged on worries that a property pre-sale system may be scrapped. Stock markets in China were closed on Monday for a holiday. Property shares had fallen sharply in Hong Kong on Monday on...
SINGAPORE, Sept 25- London copper prices lost more ground on Tuesday with the market dropping 1.5 percent as an intensifying trade war between Washington and Beijing raised concerns over demand for industrial metals in top consumer China. Asia stocks struggled on Tuesday as a fresh round of U.S.- China tariffs and a surge in oil prices to near four-year highs...
SHANGHAI, Sept 25- China's stock markets fell on Tuesday morning in their first trading session after fresh U.S. tariffs on $200 billion worth of Chinese imports kicked in on Monday, prompting retaliatory tariffs on $60 billion of U.S. imports to China. **China's blue-chip CSI300 index was down 1.12 percent, with its financial sector sub-index lower by 1.7 percent,...
SINGAPORE, Sept 25- London copper prices slid for a second session on Tuesday with the market dropping more than 2 percent as an intensifying trade war between Washington and Beijing raised concerns over demand for industrial metals in top consumer China. Asia stocks struggled as the latest round of U.S.- China tariffs revived fears the trade dispute would...
MINNEAPOLIS/ NEW YORK, Sept 24- With the Chinese billionaire Richard Liu at her Minneapolis area apartment, a 21- year-old University of Minnesota student sent a WeChat message to a friend in the middle of the night. I was not willing, she wrote in Chinese on the messaging application around 2 a.m. on August 31. He has since returned to China and has pledged to...
JAKARTA/ BEIJING Sept 21- Indonesian authorities have generally opened their arms to fintech companies offering online loans in Southeast Asia's biggest economy, viewing them as a way of getting credit to tens of millions of people often unable to access bank lending. For Chinese platforms, Indonesia's youthful market of over 260 million people is an...
SAN FRANCISCO/ HONG KONG, Sept 24- For three whirlwind days in June, U.S. scientist Zhi Hong went shopping at the Boston Bio Conference to find drugs to fill the pipeline of his two-week-old drug company. Months earlier, Hong had raised $260 million- much of it from Chinese and Asian investors- with a strategy to bring U.S. biotechnology drugs to China, the worlds...
BEIJING/ SHANGHAI, Sept 23- China's grain imports fell sharply in August, customs data showed on Sunday, a month after Beijing imposed hefty tariffs on shipments from the United States, one of its top suppliers. China brought in 60,000 tonnes of sorghum in August, down 78.5 percent from 259,892 tonnes a year ago, according to figures published by the General...
HONG KONG— Hong Kong on Saturday opened a new high-speed rail link to inland China that will vastly decrease travel times but also raises concerns about Beijing's creeping influence over the semi-autonomous Chinese region. The train travels the 26 kilometers through Hong Kong to Shenzhen across the border in China in just 14 minutes, down from about 1 hour...
LONDON, Sept 21- World shares hit their highest levels in more than six months on Friday as investors took the view that the latest exchange of tariffs between the United States and China may be less damaging than initially feared. European stocks strongly extended a relief rally that began on Wall Street overnight and ran through Asian markets, with the...
*Shanghai bourse debuts new copper options. *Part of China's push to develop derivatives trading. BEIJING, Sept 21- China's top state copper companies threw their weight behind Shanghai's first copper options on Friday, with early turnover trouncing its New York rival and raising a big challenge to the 141- year-old London bourse in the $270 billion global...
SHANGHAI/ BEIJING, Sept 21- China's ability to stabilize the yuan in recent weeks despite weak economic data and a further escalation in its trade war with the United States is reinforcing expectations that the central bank will cut banks' reserve ratios again within weeks. Such a move would underscore shifting policy priorities in Beijing, with growth...
*Shanghai bourse debuts new copper options. *Part of China's push to develop derivatives trading. BEIJING, Sept 21- China's top state copper companies threw their weight behind Shanghai's first copper options on Friday, with early turnover trouncing its New York rival and raising a challenge to the 141- year-old London bourse in the $270 billion global market.
SHANGHAI, Sept 21- China's stock markets surged on Friday before a long holiday weekend, with investor sentiment boosted by hopes that a government effort to boost domestic demand could help offset effects of an escalating trade war. It was the Shanghai index's best week since March 2016. A detailed document issued late Thursday by the State Council, China's...
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