Asia Top News and Analysis Shanghai

  • SINGAPORE, June 27- Copper traded almost unchanged on Thursday as investors exercised caution ahead of a scheduled weekend meeting between U.S. and Chinese presidents on their prolonged trade war. The two countries have agreed to a tentative truce in their trade dispute ahead of a meeting between their leaders at the G20 summit this weekend, the South China...

  • SHANGHAI, June 27- Chinese shares ended higher on Thursday as hopes rose that the United States and China could reach an agreement to prevent further escalation in their trade war, ahead of a meeting between leaders of the two countries this weekend. **Supporting hopes for a trade war resolution, the South China Morning Post reported, citing sources, that the United...

  • SINGAPORE, June 27- Copper ticked up on Thursday but in a tight range as investors were cautious ahead of a weekend meeting between U.S. and Chinese presidents on their prolonged trade dispute. The United States and China have agreed to a tentative trade truce ahead of a meeting between leaders of the two nations at the G20 summit this weekend, the South China...

  • *Guangdong bulletproof vest maker moved production to Myanmar. GUANGZHOU, China/ YANGON, June 27- Pressured by a labour crunch and rising wages in China, Shu Ke' an, whose company supplies bulletproof vests, rifle bags and other tactical gear to the United States, first considered shifting some production to Southeast Asia a few years ago, but nothing came of it.

  • FRANKFURT, June 26- U.S. chipmaker Qualcomm has won certification from Germany's cyber watchdog for a next generation chip that boosts the security of smartphones, as applications such as mobile payments become increasingly prevalent. The company said its Snapdragon 855 mobile system on a chip had gained a seal of approval from Germany's Federal Office for...

  • June 26- Hong Kong stocks ended higher on Wednesday in lacklustre trade, as caution prevailed ahead of the highly anticipated meeting between U.S. **The United States hopes to re-launch trade talks with China after Trump and Xi meet in Japan on Saturday, but Washington will not accept any conditions around the U.S. use of tariffs in the dispute, a senior...

  • *HK-> Shanghai Connect daily quota used -1.6%, Shanghai-> HK daily quota used 3.1%. SHANGHAI, June 26- China stocks ended slightly lower on Wednesday as financial stocks weighed on the market, and as investors exercised caution ahead of the meeting between U.S. **The United States hopes to re-launch trade talks with China after Trump and Xi meet in Japan on Saturday, but...

  • SINGAPORE, June 26- London copper eased from a five-week high on Wednesday as long investors took profits from recent gains, while prices were also pressured by a stronger dollar after comments from the U.S. Meanwhile in China, the Shanghai Interbank Offered Rate for the overnight tenor fell to its lowest since June 2009 of 0.9910% on Wednesday, as liquidity in...

  • SINGAPORE, June 26- London copper fell from a five-week high on Wednesday as long investors took profits from recent gains, while prices were also pressured by a stronger dollar after comments from the U.S. Meanwhile in China, the Shanghai Interbank Offered Rate for the overnight tenor fell to its lowest since June 2009 of 0.9910% on Wednesday, as liquidity in the...

  • *Shanghai-> HK daily quota used +1.6%. SHANGHAI, June 26- China stocks eased on Wednesday as financials firms weighed on the market, and as investors exercised caution ahead of the meeting between U.S. **The United States hopes to re-launch trade talks with China after Trump and Xi meet in Japan on Saturday, but Washington will not accept any conditions around the U.S....

  • SINGAPORE, June 26- London copper retreated on Wednesday from a five-week high hit in the previous session, as the dollar recovered after comments from the U.S. *CHINA: China's retail sales is seen growing at a slower-than-expected pace and would now overtake the United States only in 2021 rather than this year, as the Sino-U.S. trade war takes a toll on demand, said...

  • *Taiwan a' priority focus' for China United Front work- Chinese government report. TAIPEI/ HONG KONG, June 26- When Taiwanese businessman Jhang Yun- nan wanted to find buyers for his company's new cleaning products in China, he turned to an unconventional channel: A Taiwanese party that advocates the unification of China with the self-ruled, democratic island.

  • NEW YORK, June 25- Gold soared to an almost six-year high on Tuesday on escalating U.S.- Iran tensions, while equity markets slid on disappointing economic data and uncertainty on whether the Federal Reserve will cut interest rates in July as has been expected. Fed Chairman Jerome Powell said in a speech the U.S. central bank is insulated from short-term...

  • HONG KONG, June 25- Hong Kong shares closed weaker on Tuesday, tracking markets across Asia and Mainland China, as investors were haunted by trade anxiety and feared lack of progress during the Sino-U.S. negotiations at the G20 summit. **A senior U.S. official late on Monday fanned worries that the United States and China will make little progress in talks to end...

  • *Shanghai shares lead Asia lower on Sino-US trade unease. Trump is slated to meet one-on-one with at least eight world leaders at the G20 summit in Osaka, including China's President Xi Jinping and Russian President Vladimir Putin. That led MSCI's broadest index of Asia-Pacific shares outside Japan down 0.5%.

  • SHANGHAI, June 25- China stocks fell on Tuesday after a long streak of gains as worries mounted that the United States and China would make little headway in trade talks this week, while economic concerns hit banking shares. **China's blue-chip CSI300 index was down 2.1%, with its financial sector sub-index lower by 2.72%, the consumer staples sector down 1.81%, the...

  • SINGAPORE, June 25- Copper prices advanced on Tuesday as supply disruption at a major copper mine supported prices, while uncertainty around Sino-U.S. trade resolution capped gains as investors worried about global economic growth and demand for industrial metals. Three-month copper on the London Metal Exchange rose 0.3% to $5,975 a tonne by 0400 GMT, while...

  • SHANGHAI/ HONG KONG, June 25- China will issue two billion yuan in yuan-denominated treasury bonds in Macau on July 4, the finance ministry said on Tuesday. This will mark the first Chinese Treasury bond sale in Macau, according to Refiniv Eikon and a source at Macau's Monetary Authority. The Ministry of Finance said in a statement that the bond sales will continue...

  • SINGAPORE, June 25- Copper prices rose on Tuesday, amid worries over supply, after thousands of workers of Chile's Codelco rejected the company's offer during the weekend and extended the strike at a major mine. Three-month copper on the London Metal Exchange rose 0.4% to $5,981.50 a tonne by 0225 GMT, while the most-traded copper contract on the Shanghai...

  • Investors welcomed a long-awaited all-cash deal struck at what analysts said was a good enough price in view of Carrefour's falling sales and operating losses in China. Carrefour, which has been in China since 1995, said in a statement it had agreed to sell 80% of its Chinese operations to electronics retailer Suning.com for 620 million euros in cash.