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Added on the 11/05/2015 10:45:13 - Copyright : Reuters EN
Samuel Le Cornu, Senior Portfolio Manager, Macquarie Investment Management says the impact of China’s rate cut on ASEAN equities has been positive. It could be a good time to take profits though small and mid-cap sectors are feeling the credit squeeze. Pamela Ambler reports.
U.S. stocks once again closed at all-time highs, after a series of mergers, and an exclusive Reuters report that China is ready to cut rates again. Bobbi Rebell reports.
US envoy John Kerry says that he hopes China and the US can "come together" on climate at the African Climate Conference in Nairobi. "I think it would be very important to other workings of the COP and to the the prospects for winning this battle which we need to do" he adds. SOUNDBITE
US Secretary of State Antony Blinken tells reporters that he hopes the US and China can manage differences on Taiwan "in wise way" during press conference. President of the People's Republic of China Xi Jinping warned Biden not to "play with fire" on Taiwan during a phone call on Thursday, state media reported. SOUNDBITE
Beijing / Shanghai, Aug 7 (EFE/EPA).- China's trade with the rest of the world grew by 11.5 percent year-on-year in July, official data published on Saturday showed.However, the customs data indicated that the growth rate from a year earlier has slowed down.Yuan-denominated exports grew 8.1 percent last month to 1.82 trillion yuan ($281.6 billion), and imports increased 16.1 percent to 1.45 trillion yuan ($224.4 billion). (Camera: ARCHIVE).ARCHIVE FOOTAGE OF THE CITIES OF BEIJING AND SHANGHAI, CHINA.