China
China's Accelerating Inflation May Spur Zhou to Raise Rates 'Within Weeks' China’s inflation probably
accelerated and exports climbed in February, according to
surveys of economists, increasing the likelihood of the central
bank raising interest rates from a five-year low.
Baoshan Steel May Post 20-Fold Quarterly Profit Surge on Autos, CICC Says Baoshan Iron & Steel Co., China’s
biggest publicly traded steelmaker, may post at least a 20-fold
profit gain for its first quarter because of strong demand from
automakers, China International Capital Corp. said.
Mazda Mining Phelps's Chinese Gold as Automakers Press for Brand Loyalty After 8.6 million Chinese bought
their first cars last year, General Motors Co., Volkswagen AG
and Ford Motor Co. are positioning themselves to compete for
return customers.
Emerging-Market Stocks May Drop 15% as Growth Slows, Aberdeen's Kaloo Says Emerging-market stocks will drop as
much as 15 percent this year as earnings miss estimates and
global growth slows, said Devan Kaloo, who oversees $22 billion
at Aberdeen Asset Management Plc.
Canon Says China May Become World's Biggest Digital Camera Market in 2015 Canon Inc. expects China’s camera
market to become the world’s largest as early as 2015,
overtaking the U.S., its head of the business said.
Dollar Bond Sales Surge 35% in Asia as Evergrande, KDB Tap New Investors The lowest relative borrowing costs
in more than two years and demand from international investors
is driving Asian companies to sell record amounts of dollar-
denominated bonds.
Maanshan Steel Says Coking Coal Imports to Rise, to Sustain BHP Purchases Maanshan Iron & Steel Co., the
second-biggest Chinese steelmaker listed in Hong Kong, will
increase coking coal imports this year, adding to rising global
demand that’s sent prices soaring.
Buy Taiwanese Stocks That Will Gain on China Ties, Island's Top Fund Says Investors should buy shares of
Taiwanese companies that benefit most from the island’s closer
ties with China, according to the manager of Taiwan’s best-
performing equities fund.
PCCW Says Chairman Richard Li's Plans to Buy Out Phone Company Are `Dead' PCCW Ltd., linked to a police
probe following a court’s ruling that a buyout bid by Chairman
Richard Li had been manipulated, said investors should consider
the takeover plan as “dead.”
China's Shanghai Composite Rises Before Exports, Led by Banks, Steelmakers China’s stocks rose for a fourth
day, led by banks and steelmakers, on the prospect of improved
earnings for Baoshan Iron & Steel Co. and financial companies.
Regulator to Ensure `Every Cent' Lent by Chinese Banks Enters Real Economy China’s banking regulator will work
to ensure “every cent” lent out by the nation’s financial
institutions this year enters the real economy to help guard
against inflation while maintaining growth, Chairman Liu
Mingkang said.
Government Will Keep Chinese Economic Stimulus Policy, China Daily Reports The Chinese government will
continue with its economic stimulus policies to boost growth as
the global recovery remains unpredictable, the China Daily said,
citing Zhu Guangyao, the country’s assistant finance minister.
Shanghai Home Prices Drop 10% in First Week of March, Securities News Says Shanghai’s average housing sale
price dropped 10 percent to 18,549 yuan per square meter in the
first week of March from the previous week, Shanghai Securities
News reported, citing Shenzhen World Union Properties
Consultancy Co.
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