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China 27/04/2012

04:01 : China Iron Ore Import Prices Fall To $148/Ton, Snap 2-Month Rally - BEIJING -(Dow Jones)- Iron ore spot import prices for China delivery have fallen to around $148 a metric ton after demand from domestic steelmakers softened due to the government's policy tightening measures aimed at containing ...
03:02 : CIC eying stake in BG Australia LNG project - sources - HONG KONG/SYDNEY, April 27 (Reuters) - BG Group Plc has held talks with China Investment Corp on the sale of an equity stake in the British gas producer's Australian LNG facilities, sources familiar with the matter told Reuters, ...
Source : reuters-com
01:40 : Hong Kong shares to open up 0.5 pct, China plays strong - HONG KONG, April 27 (Reuters) - Hong Kong shares were set to open higher on Friday, helped by Chinese financial and energy majors, but were poised for their first weekly loss in four in turnover that has remained consistently thin all week.
Source : reuters-com

China 26/04/2012

20:36 : Starbucks 2Q Profit Up 19% Amid Strong Growth In China; Raises Full-Year ... - DOW JONES NEWSWIRES Starbucks Corp.'s (SBUX) fiscal second-quarter earnings rose 19% as the coffee giant saw its international expansion efforts produce its seventh straight quarter of over 20% sales growth in China. The ...
19:28 : China Eastern To Buy Boeing Jets; Stalls Airbus Deal -Reuters - DOW JONES NEWSWIRES China Eastern Airlines Corp. (CEA) is close to making a $6 billion order for up to 20 Boeing Co. (BA) 777 jets, while holding back on a $3 billion order for 15 Airbus A330 aircraft announced last October, ...
17:06 : Canadian bank sees higher growth for farm sector - April 26 (Reuters) - Canada's farm sector is in line for better than average growth in 2012 and beyond due to rising demand from fast-growing emerging markets like China and India, the Bank of Montreal (BMO) said on Thursday.
Source : reuters-com
16:41 : Nestlé buys Pfizer Nutrition: Feeding little emperors - The great maw of China BABY food looks like glop, but it is an attractive business. Global sales are $30 billion and growing by 10% annually, mostly thanks to developing countries. That is why Nestlé, a Swiss food giant, is paying so much ...
Source : economist-com
16:36 : Smaller countries 'best geared up for economic change' - Chile and Kazakhstan named in KPMG report into countries able to grasp opportunities of a changing global economyThey lack the size of China or India. Many have to import natural resources. They have ...
Source : guardian-co-uk
11:58 : China's ailing bad debt market cries for change - BEIJING (Reuters) - Veteran investor Jack Rodman has had enough. After waiting 11 years for China to sell its rising pile of bad bank loans, he is quitting and going to Spain instead.
Source : reuters-com
11:54 : EU says China supports European actions to end debt crisis - BRUSSELS, April 26 (Reuters) - China supports European efforts to overcome the sovereign debt crisis, the European Commission said on Thursday, citing comments by Chinese Prime Minister Wen Jiabao.
Source : reuters-com
05:43 : China money rates steady, regulators inject cash - SHANGHAI, April 26 (Reuters) - China's short-term money rates rose slightly on Thursday due to a lingering tightness in liquidity at the end of the month and ahead of a holiday.
Source : reuters-com
05:43 : Hong Kong shares gain as Unicom firms, China flat - HONG KONG, April 26 (Reuters) - Hong Kong shares rose on Thursday, helped by a 2.9 percent jump in China Unicom after it reported strong quarterly profit growth, as the ongoing earnings season drove major price moves in the market.
Source : reuters-com
04:35 : China Merchants Holdings Seeks To Price Dollar Bond To Yield Around Treasur - SINGAPORE -(Dow Jones)- China Merchants Holdings (International) Co. (0144.HK) is seeking to price a 10-year dollar bond as early as today to yield around 350 basis points over comparable Treasurys, according ...
04:24 : TEXT-S&P Rates China Merchants Proposed Guaranteed Notes 'BBB' - (The following was released by the rating agency) HONG KONG (Standard & Poor's) April 26, 2012--Standard & Poor's Ratings Services today assigned its 'BBB' long-term issue rating and 'cnA' Greater China credit scale rating to the proposed ...
Source : reuters-com
03:23 : Husky: Liwan 3-1 Gas Field Project 'Progressing According To Plan&apos - BEIJING -(Dow Jones)- Husky Energy Inc. (HSE.T) said Thursday that it is on track to produce natural gas at its Liwan field in the South China Sea in late 2013 or early 2014. The statement comes after Technip SA (TEC.FR) said Tuesday that ...
03:13 : BlackRock, China SWF to launch China-focused fund -FT - SHANGHAI, April 26 (Reuters) - BlackRock Inc, the world's biggest asset manager will join hands with China's sovereign wealth fund CIC to launch a China-focused investment fund likely to be worth several billion U.S. dollars, the Financial Times quoted ...
Source : reuters-com

China 25/04/2012

14:23 : UPDATE: South Sudan Expels Sudanese Working For China Petrodar - -South Sudan has expelled more than 100 Sudanese nationals who were working for oil companies -Most working for Petrodar, majority-owned by China National Petroleum Corp -South Sudan's Kiir on a visit to China ...
08:11 : China's Wen: Imbalances In Chinese Economy Still Pronounced - STOCKHOLM -(Dow Jones)- Chinese Premier Wen Jiabao said Wednesday that imbalances in the world's second-largest economy remain pronounced and the country will continue to shift its growth model toward one led more by domestic consumption rather than ...
07:50 : China Auto Rental postpones $138 mln U.S. IPO - April 25 (Reuters) - China Auto Rental Inc has postponed its U.S. initial public offering, failing to attract enough investors for its $137.5 million deal.
Source : reuters-com
06:29 : China money rates rise on month-end, holiday cash demand - SHANGHAI, April 25 (Reuters) - China's key seven-day money rates rose sharply on Wednesday as banks conserved funds to meet demand from retail customers withdrawing cash ahead of a public holiday next week, dealers said.
Source : reuters-com
04:59 : Apple crushes Street targets, dispels iPhone fears - SAN FRANCISCO (Reuters) - Apple Inc's quarterly profit almost doubled, blowing past Wall Street estimates after a jump in iPhone sales, particularly in the greater China region, and soothing fears that the iPhone ...
Source : reuters-com
03:08 : Petrobras, Vale In Talks Over Rare Earths Deal To Replace China: Sources ... - DOW JONES NEWSWIRES Brazil's state-controlled Petroleo Brasileiro SA (PBR) and mining company Vale SA (VALE) are in talks over a rare earths deal that would allow Petrobras to replace China as its supplier of lanthanum oxide for oil ...
02:52 : China to allow more street-side money changers - BEIJING, April 25 (Reuters) - China will authorise more retail money changing operations the State Administration of Foreign Exchange (SAFE) said, increasing competition for banks and marking another small step in making it easier to convert ...
Source : reuters-com

China 24/04/2012

23:21 : Brazil's Vale 1Q Results Seen Falling Due To Rains, China Demand - --China steelmaking levels, Brazil rains to affect result --Vale registered nonrecurrent gain a year ago on aluminum asset sales --Vale, analysts see brighter days ahead By Diana Kinch Of DOW JONES NEWSWIRES RIO DE JAN..
22:59 : Lotus may sell to China, says MP - The owners of car maker Lotus, which employs 1,200 staff, is in talks with a Chinese firm about a possible sale, an MP reveals in the House of Commons.
Source : news-bbc-co-uk
19:57 : Exclusive - U.S. SEC probes movie studios over dealings in China - WASHINGTON (Reuters) - U.S. regulators are investigating major U.S. movie studios' dealings with China as the entertainment companies try to get a greater foothold in one of the fastest-growing movie markets in the world.
Source : reuters-com
09:58 : SMFG buys stake in China asset management firm -sources - TOKYO, April 24 (Reuters) - Sumitomo Mitsui Financial Group will buy a 24 percent stake in a mid-sized Chinese asset management firm for around $125 million, two sources with direct knowledge of the matter said, a move that would be its first foray in ...
Source : reuters-com
07:50 : China, Sweden Should Expand Trade Links - Premier - STOCKHOLM -(Dow Jones)- With Sweden's advanced technology and management experience, and China's vast domestic market, the two countries should expand trade links and improve cooperation, China Premier Wen Jiabao said in a statement Tuesday. ...
07:42 : China shares close flat, bounces off day's lows - HONG KONG, April 24 (Reuters) - China shares ended a topsy turvy session flat on Tuesday, with strength in financials offsetting weakness in small- and mid-caps on reports that the securities regulator is mulling regulations that could force ...
Source : reuters-com
07:25 : Luxury auto brands eye China, but some see trouble ahead - BEIJING (Reuters) - Global luxury auto brands are piling in to tap China's seemingly endless appetite for Audis and BMWs but, amid the ambitious sales forecasts, some signs point to trouble ahead for sleek high-priced vehicles.
Source : reuters-com
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