Asia Top News and Analysis Shanghai

  • *Shanghai stocks higher, blue-chip CSI300 index up. Treasury Secretary Mnuchin weighs lifting tariffs on China- WSJ. SHANGHAI, Jan 18- Chinese stocks rose on Friday, posting their third straight week of gains, buoyed by hopes that Beijing and Washington could reach a deal to end their tariff war.

  • SINGAPORE, Jan 18- Asian spot prices for liquefied natural gas continued to fall this week as importers in North Asia have largely finished their purchases for winter, but losses were stemmed as plants closed for maintenance. Spot prices for March delivery to Asia this week slipped to $8.20 per million British thermal units, down 10 cents from the previous week,...

  • BEIJING, Jan 18- London copper prices rose for a fourth straight session early on Friday, hitting their highest level so far this year, on signs the United States and top metals consumer China are closer to resolving their long-running trade dispute. *TRADE: Trade officials from the United States and China are in discussions to reopen China's market to U.S. chicken...

  • BEIJING, Jan 17- China will increase the flexibility of yuan exchange rate, the head of China's foreign exchange regulator said on Thursday. China will promote two-way opening of its financial market and the opening of the country's capital account in an orderly way, Pan Gongsheng said in an article posted on the WeChat account of a central bank publication.

  • HONG KONG, Jan 17- China stocks ended weaker on Thursday amid mounting signs of sluggish economic growth and as Chinese Premier Li Keqaing forecast a rigid year ahead. **China's blue-chip CSI300 index ended down 0.6 percent, with its financial sector sub-index closing 0.5 percent lower, the consumer staples sector ending down 0.2 percent, and the healthcare...

  • SINGAPORE/ BEIJING, Jan 17- London copper prices rose for a third straight session on Thursday as China's move to inject liquidity into the financial system boosted expectations of higher demand in the world's top industrial metals consumer. The People's Bank of China is injecting 250 billion yuan through seven-day reverse bond repurchase agreements and...

  • An employee polishes a Lotus Exige sports coupe automobile as it moves down the inspection line at the Group Lotus Plc automobile factory in Hethel, U.K., on Thursday, Aug. 10, 2017.

    The Chinese owner of Lotus plans to start producing the British sports car brand in China for the first time with the opening of a new factory in Wuhan city, company job advertisements and government documents showed.

  • *China 2018 GDP growth seen at 6.6 pct, 2019 6.3 pct. BEIJING, Jan 17- China's economy is expected to cool further this year as domestic demand weakens and exports are hit by U.S. tariffs, a Reuters poll showed on Thursday, reinforcing views Beijing will need to roll out more stimulus measures. At the same time, the escalating dispute with the United States saw both sides...

  • SHANGHAI, Jan 17- China's yuan eased against the U.S. dollar on Thursday morning as the greenback held steady in global markets and support from seasonal corporate demand for the Chinese currency faded. Prior to market opening, the People's Bank of China set the midpoint rate at 6.7592 per dollar, 23 pips firmer than the previous fix of 6.7615.

  • *Shanghai index rises 0.5 pct, Hang Seng 0.4 pct higher. HONG KONG, Jan 17- Chinese and Hong Kong stocks climbed on Thursday after China's Premier Li Keqiang committed to increase government investment this year, amid mounting signs of slowing economic growth. **Chinese H-shares listed in Hong Kong rose 0.5 percent, while the city's main Hang Seng Index climbed 0.4...

  • *Wuhan plant will make Lotus cars and other vehicles. BEIJING/ SHANGHAI, Jan 17- The Chinese owner of Lotus plans to start producing the British sports car brand in China for the first time with the opening of a new 9 billion yuan factory in Wuhan city, company job advertisements and government documents showed. "For Geely, going high-end can help it take more market...

  • *China c.bank injects net $83 bln through open-market operations. SHANGHAI, Jan 16- China's central bank injected a record $83 billion into the country's financial system on Wednesday, seeking to avoid a cash crunch that would put further pressure on the weakening economy. China's policymakers are pledging to step up stimulus measures this year and do more to...

  • BEIJING, Jan 16- London copper prices advanced for a second straight session on Wednesday, as a weaker dollar made the base metal cheaper for holders of other currencies, and indications of more stimulus from top consumer China buoyed investor sentiment. China copper import premiums have risen to $73 a tonne from an 18- month low of $62.50 in early December,...

  • *MSCI's Asia-Pacific ex- Japan index little changed. *Wall St also helped by China stimulus hopes, dovish Fed comments. TOKYO, Jan 16- Global share markets and the sterling weathered a UK political storm as investors wagered that London will have no choice but to delay its Brexit deadline to avoid a disorderly exit from the European Union.

  • HONG KONG, Jan 16- China's yuan softened on Wednesday in response to a stronger dollar overnight, giving back some of its gains made in the precious session after policymakers pledged more support for the cooling Chinese economy. With tax payments peaking, "the banking system's overall liquidity is falling rapidly," The People's Bank of China said in a statement...

  • SHANGHAI, Jan 16- China's main stock indexes edged lower on Wednesday amid ongoing uncertainty about growth outlook, but resilient home prices and government efforts to boost the economy kept declines in check. **China's blue-chip CSI300 index fell 0.09 percent, with its financial sector sub-index lower by 0.06 percent and the healthcare sub-index up 1.04...

  • *MSCI's Asia-Pacific ex- Japan index down slightly. *Wall St also helped by China stimulus hopes, dovish Fed comments. TOKYO, Jan 16- Asian shares took a breather on Wednesday after rallying the previous day on Chinese stimulus hopes, with investors assessing Brexit options after British lawmakers trounced Prime Minister Theresa May's deal to withdraw Britain...

  • BEIJING, Jan 16- London copper prices edged higher for a second day in early Asian trade on Wednesday, as the dollar weakened, making metals cheaper for holders of other currencies, and investors were buoyed by signs of more stimulus from top metals consumer China. *BREXIT: British lawmakers defeated Prime Minister Theresa May's Brexit divorce deal by a crushing...

  • CHINA DEC SHANGHAI NEW HOME PRICES +0.6 PCT M/M STATS BUREAU.

  • NEW YORK, Jan 15- Major world stock markets climbed on Tuesday, helped by hopes of more stimulus for China's economy, while the euro declined against the U.S. dollar following weak German economic data. President Trump talked up chances of a China trade deal and Chinese officials then came out in force hinting at more stimulus for their slowing economy.