FTSE rebounds on deal-making prospects


LONDON - FTSE 100 snapped a five-day losing streak on Tuesday, with hopes for corporate deal-making and robust corporate results offsetting market turmoil in China and worries about emerging-market growth.

Heading to China, Turkey's Erdogan eyes improved missile defence bid 1:51pm BST

ANKARA - Turkey is open to an improved offer from preferred bidder China in a long-range missile defence system tender, President Tayyip Erdogan said on Tuesday ahead of a visit to Beijing, reviving a deal that has raised security concerns among NATO allies.


China shares fall again as Beijing scrambles to calm markets 1:08pm BST

SHANGHAI - Chinese shares fell on Tuesday, as Beijing scrambled once again to prop up a stock market whose wild gyrations have heightened fears about the financial stability of the world's second biggest economy. | Video

China conducts air, sea drills in South China Sea 12:32pm BST

BEIJING - China said it conducted air and sea drills in the South China Sea on Tuesday as it stakes an increasingly assertive claim to virtually the whole sea despite rival claims by neighbours.

China says not planning military bases in the Maldives 7:56am BST

BEIJING - China is not planning to build military bases on the Maldives, the foreign ministry said on Tuesday, after the Maldives allowed foreigners to own land despite opposition concern the reform could be used for military expansion by China.


Chinese regulator vows share support after markets tumble 8.5 percent in a day 3:14am BST

SHANGHAI - China said on Monday it was prepared to buy shares to stabilise the stock market and avert "systemic risks", after major indices plunged more than 8 percent in the biggest one-day fall since 2007. | Video


Baidu profit weighed down by offline mobile services push 27 Jul 2015

- Baidu Inc's quarterly profit missed analysts' estimates as China's biggest Internet search company spent heavily to diversify away from its core search advertising business, which is becoming less profitable and more competitive.


Oil hits four-month low on China stock market dive, supply concern 27 Jul 2015

NEW YORK - Crude oil futures hit four-month lows on Monday after a steep drop in China's stock markets sparked concern about the economic health of the world's biggest energy consumer, while evidence of a growing crude glut mounted. | Video


Speculators show global commodities rout still not over 27 Jul 2015

LONDON - Speculators have confirmed what everyone else has been thinking: expect more falls in commodities, as worries about China and higher interest rates combine with waning sentiment to suggest markets are heading further south.


Insight - Turkish help for Uighur refugees looms over Erdogan visit to Beijing 27 Jul 2015

ISTANBUL - The folded piece of paper with a photo of a four-month-old baby tells a story that will loom over Turkish President Tayyip Erdogan and his Chinese hosts when he visits Beijing this week.