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HSBC shares fall to one-month low in biggest dive in a year

Hong Kong-listed shares of HSBC Holdings Plc fell more than 5 percent on Tuesday, the biggest single-day decline in almost a year after Europe's biggest bank cut its profitability target citing the cost of tougher banking regulations.

Macau gambling revenue jumps 48 pct in Feb

Macau
Casino revenue in Macau jumped 47.7 percent in February to 19.86 billion patacas ($2.5 billion), the Macau government said on Tuesday, driven by a torrent of gamblers from mainland China to the world's largest gaming market.
China banks warned against "extreme" lending

China banks warned against extreme lending

Lending by Chinese banks during the past two years has been excessively fast, topping the extreme upper limit set by regulators, the country's banking chief said at an internal meeting, a source told Reuters on Tuesday.
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Asia stocks rise, China manufacturing slows

Asian stocks rose in early trade on Tuesday, tracking U.S. shares which gained on optimistic remarks from influential investor Warren Buffett, while Chinese manufacturing growth slowed to a six-month low.
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Google, Khosla back weather insurance startup

Silicon Valley venture capitalist Vinod Khosla and Google Ventures have invested $42 million in a start-up run by former Google employees, which helps insure farmers against losses from increasingly volatile global weather.
Allianz IM unit eyes China for pensions growth-CEO

Allianz IM unit eyes China for pensions growth-CEO

Allianz Global Investment (AGI), the funds arm of one of Europe's largest insurers, see growth opportunities in China's burgeoning pensions market, where ageing residents are battling to fund their retirements.

India ups iron ore export duty, China hardest hit

India will quadruple export duty on iron ore fines as it seeks to curb exports, mostly to China, in a budget move announced on Monday that hit domestic producer shares and could push spot prices to new record levels.
OAO Rosneft Refinery

Rosneft, Gazprom to fight over gas to fuel China

Rosneft (ROSN.MM) is set to take on Gazprom (GAZP.MM) when Russia puts the Kovykta gas field on the block on Tuesday as the country's top crude producer aims to muscle in on the gas export monopoly's plans to supply China.
U.S. ambassador to China decries violence against media

U.S. ambassador to China decries violence against media

The U.S. ambassador to China, who is considering a run for the White House, on Monday condemned the harassment and beating of some foreign reporters who went to cover a planned protest gathering against the government.

China's US Treasuries holdings revised to $1.16 trln

The U.S. government owes nearly a third more money to China than previously thought, the Treasury Department said on Monday as it revised Beijing's December holdings of U.S. Treasury debt sharply higher to $1.160 trillion.
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East Asia growth may need to slow: World Bank's Lin

East Asia's economy may need to slow to address inflationary pressures but the region will likely continue to lead the globe in economic activity, World Bank Chief Economist Justin Yifu Lin said on Monday.
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East Asia growth may need to slow: World Bank's Lin

East Asia's economy may need to slow to address inflationary pressures but the region will likely continue to lead the globe in economic activity, World Bank Chief Economist Justin Yifu Lin said on Monday.
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Tanzania says close to $400 mln power project loan

Tanzania is close to concluding a $400 million loan to finance a 200 megawatts coal-fired power project amidst chronic energy shortages in east Africa's second largest economy, the president said on Monday.
Anti-government rebels dry ammunition in a base for training and recruiting rebels for the army in Benghazi February 28, 2011.

U.S. in contact with anti-government Libyans

Secretary of State Hillary Clinton said on Sunday that that the United States is reaching out different Libyans as the Obama administration calls for Libyan leader Muammar Gaddafi to leave the country.
China vows to develop gold market as demand rises

Analysis: Jewellery demand supports gold in investment demand dips

The proportion of total gold demand accounted for by jewelry fell to just over 50 percent in 2009 from 75 percent in 2004. In the same period investment demand nearly tripled. But jewelry buyers still have a key role to play in the gold market, which they are likely to keep despite any slight fall-off in demand.
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Gold rises above $1,410/oz on Mideast tensions

Gold rose to $1,413 an ounce in Europe on Monday as turmoil in the Middle East region lifted safe-haven buying and fueled a fresh spike in oil prices, stoking concerns over U.S. growth and knocking the dollar.
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Geneva launches remain in focus, for now

Carmakers gathering in Geneva this week are scrambling to boost their presence in booming emerging regions, as they showcase the new models they hope will boost their share of Europe's flat market at the auto show.
India's Finance Minister Pranab Mukherjee sits before giving the final touches to the federal budget 2010/11 in New Delhi February 25, 2010.

Pranab unveils budget, dismisses policy drift worries

Finance Minister Pranab Mukherjee announced on Monday a food security bill for 2011/12, a budget measure that would provide cheap grains for millions of India's poor but which has sparked worries over its huge cost.
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Oil rises $1 as Oman protests fan supply concern

Brent crude rose on Monday, crossing $114 a barrel, as protests in Oman fueled concern about security of supply from the Middle East and North Africa even as top exporter Saudi Arabia pumps more.

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