CHINA

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China South City aims for end-Sept HK IPO - source

China South City, a Shenzhen-based integrated logistics and trade centre operator, plans to raise at least HK$4 billion ($513 million) in a revived plan for its Hong Kong IPO by the end of September, according to a source familiar with the deal.

Ping An's Q2 profit rises 34 pct as stocks rally

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Ping An Insurance (Group) Co of China Ltd, the world's No. 2 life insurer by market value, posted a 34 percent jump in second-quarter earnings as China's stock market boom boosted investment returns.
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World stocks rally, China caps gains

World stocks hit 10-month highs for a second day running on Friday following upbeat growth data from the euro zone, but a fall in Chinese stocks and caution over the ongoing U.S. earnings season tempered gains.
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Stocks, commodities rally on brighter Fed view

Asian stocks and commodities rose on Thursday after the Federal Reserve said it spotted stability in the U.S. economy, spurring investors to buy back shares and other riskier assets and sell U.S. dollars.
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Asia stocks, Australia dollar rise after Fed

Asian stocks and commodities rose on Thursday after the Federal Reserve said the ailing U.S. economy was showing signs of leveling out, spurring investors to buy back shares and other riskier assets and sell U.S. dollars.
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China formally arrests Rio employees

Australia said on Wednesday that charges against four staff from Anglo-Australian miner Rio Tinto appeared to have been downgraded after China formally arrested the men but left aside accusations they stole state secrets.
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Facebook Lite: Lighter and faster

Facebook has begun tests on a new service that is designed for mobiles and at countries that have narrowband internet connections.
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China urges world to respect Myanmar's sovereignty

China said on Wednesday the world should respect Myanmar's judicial sovereignty after the junta sent Aung San Suu Kyi back into detention, triggering Western outrage but only a measured response from its neighbors.
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BHP cautions on outlook as metals bash profit

BHP Billiton Ltd/Plc , the world's largest miner, gave a guarded outlook for global commodity demand, sending a worrying signal for weaker rivals, after a slump in metals prices triggered its first profit decline in seven years.
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BHP cautions on outlook as metals bash H2 profit

BHP Billiton Ltd/Plc , the world's largest miner, gave a guarded outlook for global commodity demand, sending a worrying signal for weaker rivals, after a slump in metals prices triggered its first profit decline in seven years.
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China formally arrests Rio Tinto employees

Australia said on Wednesday that charges against four staff from Anglo-Australian miner Rio Tinto appeared to have been downgraded after China formally arrested the men but left aside accusations they stole state secrets.
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Fed uncertainty, China sell-off rattle stocks

Uncertainty about the Federal Reserve's view on the U.S. economy and another sharp fall in Chinese stocks pushed equities lower across the world on Wednesday and drove lower-yielding currencies higher.
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Applied Materials sees Q4 at least break-even

Applied Materials Inc , the world's largest producer of chip-making gear, said it would at least break even this quarter, thanks to new orders and deep cost cuts, sending its shares up almost 4 percent.

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