China

China slowdown worries hit stocks, commodities

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LONDON - Concern about a potential slowdown in China hit global stocks and commodities on Monday while signs of disagreement between major economic powers on the need for extra stimulus further clouded the outlook.

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After China, GlaxoSmithKline faces pressure for change 12:36pm BST

LONDON - GlaxoSmithKline may have closed one chapter in a saga of corruption allegations by accepting a $489 million (299.36 million pounds) fine in China, but the drugmaker has its work cut out to win back sceptical investors.

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Growth in China's factory sector seen stalling in September 11:27am BST

BEIJING - Growth in China's large factory sector probably stalled in September, adding to worries the economy could be at risk of a sharper slowdown unless Beijing rolls out more stimulus measures, a Reuters poll showed on Monday.

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Ultrasonic CEO resurfaces in China, denies taking off with cash 11:10am BST

SHANGHAI - The missing chief executive of embattled German-listed Chinese shoe maker Ultrasonic AG has resurfaced in China to deny absconding with millions of dollars of company money, telling local media he had been travelling and lost his phone.

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Asian shares slip, dollar pulls away from highs 3:32am BST

TOKYO - Asian shares skidded on Monday as investors awaited data this week that could provide more evidence of a slowdown in China, while the dollar gave back a little of its recent gains.

Blasts in China's Xinjiang kill two; government censures officials 3:08am BST

SHANGHAI - Two people were killed and several more injured in at least three explosions in China's troubled far western region of Xinjiang on Sunday, state media reported, but gave few details.

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Exclusive - Iran seeks give and take on Islamic State militants, nuclear programme 12:58am BST

UNITED NATIONS - Iran is ready to work with the United States and its allies to stop Islamic State militants, but would like more flexibility on Iran's uranium enrichment programme in exchange, senior Iranian officials told Reuters.

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New Zealand PM storms to third term but faces slowing growth ahead 21 Sep 2014

WELLINGTON - Prime Minister John Key secured New Zealand's first majority government in almost 20 years on a promise to maintain a strong economy, but slowing growth in China may challenge his outlook and also threaten fiscal discipline. | Video

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Microsoft delays launch of its Xbox One console in China 21 Sep 2014

BEIJING - Microsoft Corp has delayed the launch of its Xbox One game console in China, which had been set for release on Tuesday, but the world's biggest software company said it would be released by the end of the year.

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Exclusive - Iran seeks give and take on militants, nuclear programme 21 Sep 2014

UNITED NATIONS - Iran is ready to work with the United States and its allies to stop Islamic State militants, but would like to see more flexibility on Iran's uranium enrichment programme, senior Iranian officials told Reuters.

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