CHINA

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Stocks advance, dollar steady ahead of Fed

World stocks climbed on Tuesday while the dollar was corralled as investors bet the U.S. central bank will repeat its vow of keeping interest rates low for an extended period after its monthly meeting.

China denies yuan behind U.S. trade gap

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China on Tuesday shunned mounting U.S. demands for a stronger yuan, saying again that its currency is not the cause of its big trade surplus and vowing to keep the currency stable to shore up exports.

Asian shares pare gains, dollar softer before Fed

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Asian shares struggled to keep modest gains on Tuesday and the dollar gave ground as investors trimmed long positions ahead of a Federal Reserve policy meeting expected to repeat a pledge to keep rates low for a long time.
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Asian shares firm, dollar holds ground before Fed

Asian shares rose modestly on Tuesday, with technology stocks nosing ahead, while the dollar held its ground ahead of a Federal Reserve policy meeting expected to reiterate a pledge to keep rates low for a long time.
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U.S. lawmakers press for action on China currency

President Barack Obama faced growing congressional pressure on Monday to get tough with China over its currency practices, one day after Chinese Premier Wen Jiabao brushed off accusations that Beijing was undervaluing its currency for an unfair trade advantage.
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Snowstorms curb industrial output, rebound seen

U.S. industrial production braked sharply in February, held back by severe winter storms that slammed parts of the country, while manufacturing activity in New York state stalled this month.
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Stocks dip on economic uncertainty

The stock market fell modestly on Monday as market participants digest developments on policy decisions from world governments, notably those of the U.S. and China.
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China Feb crude steel output hits 50.63 mln tons

China's National Bureau of Statistics on Monday said country's crude steel output was 50.36 million tons in February, 22.5% more than in the same month of last year, but 4.1% less than in the 52.53 million tons produced in January.
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China's Wen says U.S. responsible for bad ties

The United States is to blame for strains between Beijing and Washington and should take steps to repair ties, Chinese Premier Wen Jiabao said on Sunday, indicating the two powers have not overcome a recent rough patch.
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Investors seek signs of China Mobile 3G commitment

China Mobile's 3G outlook will take center stage this week as China's three telecoms carriers begin to kick off quarterly results, with market focus on whether the nation's dominant player will turn up the volume in its low-key 3G roll-out.
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Stock futures signal dip; eyes on banks

Stock index futures pointed to a lower open on Wall Street on Monday, with futures for the S&P 500 down 0.39 percent, Dow Jones futures down 0.38 percent and Nasdaq 100 futures down 0.23 at 0900 GMT (4:00 a.m. ET).
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Australia tells Beijing to stay out of iron ore talks

China's steelmakers should not try draw their government into iron ore price talks with Australian miners, Australia's trade minister said on Monday, as the mills struggle to pin back soaring raw material prices.

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