Asian shares fall for third day on global growth concerns


HONG KONG - Asian shares fell for a third straight day on Wednesday as weak manufacturing reports from China, the United States and Europe fuelled worries about slowing global growth, while the safe-haven Japanese yen firmed as investors unwound carry trades.

Ex-Hanlong head pleads guilty to insider trading in Australia 3:21am BST

MELBOURNE - The former head of China's Hanlong Mining Investment Pty Ltd pleaded guilty to insider trading charges in Australia, Australia's securities watchdog said on Wednesday.


China signs off on 3.2 billion pound loan to boost Venezuela oil output - Maduro 2:32am BST

CARACAS - Venezuela and China have signed a deal for a $5 billion loan designed to increase the OPEC country's oil production, Venezuelan President Nicolas Maduro said.


China brokerages pledge 3.07 billion pounds more to buy shares - China Sec Journal 2:23am BST

SHANGHAI - Nine Chinese brokerages have pledged additional funds worth over 30 billion yuan (3.07 billion pounds) to buy shares, the China Securities Journal said on Wednesday, answering fresh government calls to support a wobbly stock market.

Exclusive - China's AIIB to offer loans with fewer strings attached - sources 01 Sep 2015

BEIJING - China's new international development bank will offer loans with fewer strings attached than the World Bank, sources said, as Beijing seeks to change the unwritten rules of global development finance.


Yuan concerns mar China's efforts to woo foreign property investors 01 Sep 2015

HONG KONG/LONDON - For foreign investors, Beijing's decision to make it easier for them to invest in Chinese real estate is on the right track but has come at the wrong time.

China should clearly explain policies to markets - U.S. Treasury 01 Sep 2015

WASHINGTON - The Obama administration on Tuesday urged China to carefully explain its policy changes to financial markets and to shift its economic focus toward consumer spending so that its economy can keep growing.


FTSE posts biggest one-day fall in over a week 01 Sep 2015

LONDON - The UK FTSE 100 slumped 3 percent on Tuesday, its worst one-day fall in over a week, with miners hit hardest after a slump in the manufacturing sector in China - the world's biggest commodity consumer.


China stock probes send shivers through investment community 01 Sep 2015

SHANGHAI - Investigations by Chinese authorities into wild stock market swings are spreading fear among China-based investors, with some unsure if they are simply helping with inquiries or actually under suspicion, executives in the financial community said.

Tibetans say homeland under Chinese occupation, call for autonomy 01 Sep 2015

DHARAMSALA, India - Tibet's leadership in exile said on Tuesday its mountain homeland was occupied by China and called for more autonomy, days after Chinese President Xi Jinping vowed an unceasing fight against "separatism" by the Dalai Lama and his followers.