US STOCKS-Futures rise as Sept rate hike seems less likely Aug 27- U.S. stock index futures rose sharply on Thursday, a day after Wall Street posted its biggest one-day gain in four years. *Stocks soared on Wednesday after New York Fed President William Dudley said the case for a September rate hike seemed "less compelling" than before. *Dudley's dovish comments came a day before many of the world's top central bankers gather...
| By: Tanya Agrawal
WRAPUP 2-China stocks jump on U.S. rally, yuan edges up *China indexes had lost more than 20 pct in days. *China tycoon says should give up "fantasy" of 7-8 pct growth. HONG KONG/ SHANGHAI, Aug 27- China's turbulent stock markets rose sharply on Thursday, helped by a strong rebound on Wall Street on expectations that the U.S.
| By: Pete Sweeney and Samuel Shen
China stocks rebound on Wall Street rally, bargain hunting after heavy slide SHANGHAI, Aug 27- China stocks rebounded sharply on Thursday, snapping a savage five-day losing streak, as a rally on Wall Street brought some calm to shaky global markets. But traders said the market remained vulnerable to sudden selloffs, as investors who bought shares using margin financing continue to deleverage, and as China's economic outlook remains...
Shanghai closes up 5.4% to reclaim key 3,000 mark Asian shares advanced on Thursday, with China's Shanghai Composite index reclaiming the key 3,000 mark, inspired by Wall Street's biggest one-day gain since 2011 overnight.
| By: See Kit Tang
GLOBAL MARKETS-Asia stocks take heart from Wall Street rally, China gains Still, some investors remained on edge, after European shares slid nearly 2 percent overnight and ahead of more readings on China's factory and services sector activity early next week. Markets around the world plunged earlier in the week as a slump in Shanghai shares fueled worries over China's economic health, but some calm returned after Beijing rolled out...
| By: Lisa Twaronite and Shinichi Saoshiro
China stocks rise early as Wall Street gains calm global contagion fears SHANGHAI, Aug 27- China's major stock indexes rose on Thursday as a strong rebound on Wall Street helped calm global markets after days of wild volatility. China CSI300 stock index futures for September rose 4.1 percent, to 2,938.6, 154.21 points below the current value of the underlying index. The Hang Seng index in Hong Kong was up 3.2 percent, to 21,758.62 points.
GLOBAL MARKETS-World shares sag as China jitters persist *China stock indexes give up early gains despite rate cuts. LONDON, Aug 26- World shares sagged on Wednesday as investors feared fresh rate cuts in China may not be enough to stabilize its slowing economy or halt a stocks collapse that is wreaking havoc in global markets. Europe's main stock markets, which had surged on Tuesday after China's moves, reopened 2...
| By: Marc Jones
WRAPUP 2-China stocks slip as rate cut fails to convince investors *PBOC says "still downward pressure" on China growth. HONG KONG/ SHANGHAI, Aug 26- China's turbulent stock markets slipped again on Wednesday, as a double-barrelled blast of central bank stimulus failed to convince investors of Beijing's ability to jolt the world's second biggest economy out of its slowdown. The response from China's two main stock indexes- never...
| By: Saikat Chatterjee and Samuel Shen
China stocks fall again after wild day, but loss limited by rate cuts SHANGHAI, Aug 26- China's fresh monetary easing triggered stock market gyrations on Wednesday, with key indexes ending down for a fifth straight session after swinging more than 3 percent in both directions in extreme volatility. The CSI300 blue-chip index of the largest listed companies in Shanghai and Shenzhen ended down 0.6 percent, to 3,025.69, while the...