CHINA

China Brilliance says in talks with Daimler on JV

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The state parent of Brilliance China Automotive Holdings is in talks with Daimler AG to set up a joint venture in China making special purpose vehicles, executives at the parent company, Brilliance Auto, said on Monday.

Everbright Secs to raise up to $1.6 bln in IPO

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Everbright Securities Co, China's 10th biggest brokerage by market share, plans to raise as much as 10.96 billion yuan ($1.60 billion) in its Shanghai initial public offering after announcing an IPO price range on Sunday.
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Oil rises nearly $2 on U.S., China factory output

Oil rose more than $2 a barrel to hit a one-month high near $72 on Monday as positive manufacturing data in the U.S. and China raised optimism for an economic recovery that could bolster energy demand.
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Banks and China lift equities to 2009 high

World stocks climbed to a new 2009 high on Monday with banking news from Europe generally positive and signs of a pick up in Chinese economic activity lifting Asian shares.
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Upbeat China data lifts stocks, dollar battered

Asian stocks crawled up to an 11-month high on Monday as Chinese shares cheered more signs of economic activity picking up speed, giving a boost to oil and copper prices while hurting the safe-haven U.S. dollar.
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China reliance a risk for commodities: Roubini

China may have overstocked on commodities, risking a slowdown in buying and a correction in prices in the second half of this year, top economist Nouriel Roubini said on Monday, also reiterating that the global recession would continue until year-end.
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China says Xinjiang riot media openness a success

China's central and regional propaganda offices have concluded that their strategy of media openness following ethnic riots in the far western city of Urumqi was a success, the Xinhua news agency said on Friday.
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Stanchart may buy RBS India, China retail ops: report

Standard Chartered is set to buy Royal Bank of Scotland's retail and small and medium enterprises operations in India, China and Malaysia for about $250 million, the Economic Times said on Friday, citing two unnamed sources familiar with the deal.
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Asia stocks hit 11-month high on recovery hopes

Asian stocks pushed higher on Friday and were poised to score double-digit gains in July as investors keep pouring funds on bets the region's growth engine will lead the global economy out of recession.
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Asia stocks hit 11-mth high as earnings cheered

Asian stocks pushed higher on Friday and were poised to score double-digit gains in July as investors keep pouring funds on bets the region's growth engine will lead the global economy out of recession.
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World record in the women's 50 swimming smashed by China's Zhaojing

China's Zhao Jing smashed the world record in the women's 50 and won the second gold medal of swimming for China at the FINA World Championships, local Businesstimes reported on Friday morning. Zhao clocked a stunning time of 27.06, which crushed Anastasia Zueva's world record of 27.38.
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Cap-and-trade role on national security sparks debate in Senate

The cap-and-trade bill will do little to stop trade wars overseas and will instead start conflicts that will threaten American workers at home and abroad, Missouri senator Kit Bond said Thursday during remarks at the Senate Environment and Public Works hearing.
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Xstrata seen plunging, no new Anglo merger move

Mining group Xstrata Plc, due to post sharply lower first-half profits next week, is expected to hold back from using the occasion to launch a new initiative in its wooing of Anglo American.

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