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Asia Top News and Analysis Shanghai

  • NEW YORK, April 28- Don't look for the outperformance of growth stocks to fade any time soon, as long as corporate earnings continue to improve and hopes remain for stronger economic growth. Growth stocks- whose profits are expected to grow at a faster pace than the broader market- are also outperforming their value counterparts in Asia and Europe.

  • NEW YORK, April 28- Don't look for the outperformance of growth stocks to fade any time soon, as long as corporate earnings continue to improve and hopes remain for stronger economic growth. Growth stocks- whose profits are expected to grow at a faster pace than the broader market- are also outperforming their value counterparts in Asia and Europe.

  • *Caterpillar, Komatsu, Sany post strong China Q1. SHANGHAI, April 28- Chinese demand for trucks, cranes and diggers is gaining momentum after bottoming out last year, driven by a Beijing- backed infrastructure push, a housing boom and increased investment linked to China's modern-day " Silk Road". "The strong demand in China resulted in a reduction in Asia-Pacific...

  • BEIJING, April 28- Toshiba Corp's Westinghouse Electric Co unit will continue operating normally in Asia and Europe, despite the ongoing Chapter 11 restructuring, an executive at the troubled company said on Friday. Westinghouse filed for bankruptcy last month, hit by billions of dollars of cost overruns at four nuclear reactors under construction in the...

  • SHANGHAI, April 28- Agricultural Bank of China Ltd, the country's third-largest lender by assets, reported on Friday a 1.87 percent rise in net profit for the first quarter, missing analysts estimates. Profit was 55.71 billion yuan in the three months through March compared to 54.69 billion yuan in the same period a year prior. The result compared with an average...

  • SHANGHAI, April 28- China's yuan firmed against the U.S. dollar on Friday, tracking its stronger offshore counterpart, but the Chinese currency is poised for a second straight losing month. The People's Bank of China set the midpoint rate at 6.8931 per dollar prior to market open, weaker than the previous fix 6.8896. "The onshore yuan was following the offshore spot...

  • SYDNEY, April 28- Copper tracked modestly higher on Friday with traders saying some investors were active buying on price dips, but warning at the same time that broader industry sentiment pointed to a weaker outlook. *SHANGHAI: The most-traded copper contract on the Shanghai Futures Exchange was up 0.2 percent to 46,330 yuan a tonne. *SILVER: London's silver...

  • *Spot gold still targets $1,249- technicals. Spot gold was down 0.3 percent at $1,264.60 per ounce. But the market is still worried about whether policy would be carried out as the rate cut is too steep..., "a trader with a Shanghai- based bullion bank said.

  • MELBOURNE, April 27- London copper drifted on Thursday as markets were underwhelmed by the Trump administration's proposed tax cuts and the focus shifted to concerns over China's manufacturing growth. Both the London Metal Exchange and Shanghai Futures Exchange will be closed on May 1. SHANGHAI: Shanghai Futures Exchange copper traded up 0.1 percent at...

  • *Spot gold still targets $1,249- Technicals. Spot gold was down 0.2 percent at $1,266.94 per. U.S. gold futures climbed 0.3 percent to $1,268.30.

  • SHANGHAI, April 27- China's yuan weakened against the U.S. dollar on Thursday after the central bank set the midpoint at the lowest level in two weeks and as domestic companies sought greenback amid concerns the local currency could weaken further. The People's Bank of China set the midpoint rate at 6.8896 per dollar prior to market open, the weakest level since...

  • A container vessel docks at the Tanjong Pagar Terminal in Singapore.

    Singapore is the world's top maritime capital in a report launched today, by Norwegian consulting firm Menon Economics.

  • Investors chat as they sit in front of computer screens showing stock information at a brokerage house in Qingdao, China, September 7, 2015.

    China's stock bounce has disappeared as the excitement about a new economic zone fades.

  • GM plans to import Chinese-made Cadillacs to US

    CNBC's Phil LeBeau talks to Andreas Schaaf, Cadillac China vp, about Cadillac's expansion in China and the future of the luxury car.

  • Shanghai Auto Show's big focus on China's auto sales

    CNBC's Phil LeBeau reports luxury automobiles sales stay strong in China while Tesla sales are gaining momentum.

  • Housebuyers panic in China

    Hao Hong, head of research at the Bank of Communications, speaks about the latest data concerning house prices in China.

  • Domestic SUV makers shine at Shanghai Auto Show

    Mainland buyers have long preferred foreign SUVs but local brands Great Wall, Geely and Guangzhou Auto are currently dominating the market, says Michael Dunne of Dunne Automotive.

  • Paul Manafort

    Paul Manafort is offering advice to a Chinese billionaire on how to win construction contracts for the Trump's promised $1 trillion infrastructure plan.

  • President Donald Trump greets CEO of Ford Motor Company Mark Fields during a meeting with auto industry leaders in the Roosevelt Room of the White House on January 24, 2017 in Washington, DC.

    The auto giant's CEO said it was a good thing that the leaders of the world's two biggest economies were forging a relationship.

  • With KFC and Pizza Hut somewhat "tainted" by China's food safety scandal, Taco Bell is Yum China's biggest potential for growth in China, an analyst says.