China expands presence in Hong Kong with 45.61 million pound property binge

HONG KONG - The Chinese government has spent at least $70 million buying Hong Kong properties over the past 12 months, official records show, as Beijing expands its presence after mass democracy protests raised tensions in the China-ruled city.

Man Group's China chief assisting police probe - Bloomberg 31 Aug 2015

BEIJING - Chinese authorities have taken Li Yifei, chairwoman of British hedge fund manager Man Group Plc's China unit, into custody to help with a police probe into market volatility, Bloomberg reported on Monday, citing a person familiar with the matter.

China to open high-speed rail link to North Korean border 31 Aug 2015

BEIJING - China will open a high-speed rail line to the North Korean border on Tuesday, state news agency Xinhua said, the latest effort to boost economic ties despite tension between the countries.


Poll - China funds cut equity allocations to lowest on record 31 Aug 2015

SHANGHAI - Chinese fund managers have cut the proportion of their portfolios to be invested in stocks over the next three months to an eight-year low, a Reuters poll showed, reflecting pessimism after the recent turbulence in China's equities market.


Japan eyes defence budget hike to fortify island chain facing China 31 Aug 2015

TOKYO - Japan's Ministry of Defence is seeking a fourth straight annual military budget hike to help fortify the country's far-flung island chain in the East China Sea, close to ocean territory claimed by Beijing.

China stocks slide as crackdown on speculators spreads, lose 11 percent in Aug 31 Aug 2015

SHANGHAI - China stocks fell sharply on Monday before recovering much of their losses as regulators cracked down on speculators which Beijing blames for a 40 percent crash in the country's stock markets since June.


China July services trade deficit widens as more spend abroad 31 Aug 2015

BEIJING - China's trade deficit in services continued to widen in July to $17.6 billion, the foreign exchange regulator said on Monday, as Chinese spent more abroad than foreign visitors in the country.


Slowing economy hits earnings at top Chinese machinery makers 31 Aug 2015

BEIJING - China's slowing economy has taken its toll on the first-half earnings of major construction machinery makers Zoomlion Heavy Industry Science and Technology Co Ltd and Sany Heavy Industry Co Ltd.


China fears linger as focus on Fed sharpens 30 Aug 2015

LONDON - Fears over the health of the Chinese economy kept world markets on edge last week and China country will remain in focus, along with the question of whether the Federal Reserve will raise interest rates next month.


Bank of England stance on rates unchanged by China - Carney 30 Aug 2015

JACKSON HOLE, Wyo. - Bank of England Governor Mark Carney said on Saturday that a slowdown in China's economy could push down further on inflation but it did not change, for now, the central bank's position on when and how it might increase interest rates.