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RPT-CORRECTED-China not going back to "old road" of capital controls -fx regulator

BEIJING, Feb 5- China will continue to crack down on illegal foreign exchange activities but won't revert back to the "old road" of capital controls, the country's top foreign exchange regulator said. The remarks were made by Pan Gongsheng, head of the State Administration of Foreign Exchange, during separate meetings with Andrew Rashbass, CEO of Euromoney...
Source: Reuters
UPDATE 1-China central bank to fine tune policy, keep yuan stable -Q4 monetary report

BEIJING, Feb 6- China will fine tune monetary policy and keep the yuan basically stable while guarding against systemic financial risks, the country's central bank said on Saturday in its fourth-quarter monetary policy report. China will also maintain an appropriate level of liquidity and achieve reasonable growth of money and credit, the People's Bank of...
Source: Reuters
UPDATE 2-TSMC says quake impact on Q1 shipments no more than 1 pct

TAIPEI, Feb 6- Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd said silicon wafers were damaged at a plant in southern Taiwan where a quake hit early on Saturday, affecting no more than 1 percent of first-quarter shipments. TSMC, whose customers also include Qualcomm Inc, is so far the only major Apple supplier in southern Taiwan to report damage...
Source: Reuters | By: J.R. Wu and Emily Chan
UPDATE 10-Taiwan quake kills at least seven, fells apartment block

*Magnitude 6.4 quake hits southern Taiwan. TAINAN, Taiwan, Feb 6- A powerful earthquake struck Taiwan on Saturday killing at least seven people, most in a 17- storey apartment building that collapsed, with about 35 people still feared trapped there hours into a rescue operation. As a search for survivors in the rubble went on, questions were being raised about the...
Source: Reuters | By: Faith Hung and Pichi Chuang
Valentine's Day: Romantic or ripoff?

If there is any holiday that preys on your heartstrings and, more so, your purse strings, it is this one.
Source: | By: Jessica Dickler
China's central bank to maintain prudent monetary policy -Q4 Monetary Report

BEIJING, Feb 6- China's central bank reiterated that it will maintain a prudent monetary policy and guard against systemic financial risks in its fourth-quarter monetary policy report published on Saturday.
Source: Reuters
MSCI welcomes easing of China investor controls, raises liquidity concerns

HONG KONG, Feb 6- Index provider MSCI Inc said on Friday it welcomed China's move to liberalise a major cross-border investment scheme, but that the country's handling of a summer stock sell-off raised concern over the liquidity of its markets. The announcement was the first formal update from the New York- headquartered firm after it said in June it would not...
Source: Reuters | By: Michelle Price
UPDATE 1-TSMC says Q1 shipments unaffected by quake, no damage at other Apple suppliers

TAIPEI, Feb 6- Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd said some silicon wafers were damaged at a plant in southern Taiwan where an earthquake hit early on Saturday, but that first-quarter shipments would be unaffected. The world's largest contract chipmaker has production facilities in Tainan city, around 315 km south of the capital...
Source: Reuters | By: J.R. Wu and Emily Chan
UPDATE 7-Quake fells Taiwan apartment building, at least two dead

*Magnitude 6.4 quake hits southern Taiwan. *Taiwan president rushes to the scene. TAINAN, Taiwan, Feb 6- A powerful earthquake toppled a 17- story apartment building in southern Taiwan on Saturday, killing at least two people, including a 10- day-old girl, and triggering frantic efforts to rescue dozens of people feared trapped inside.
Source: Reuters | By: Yimou Lee and Pichi Chuang
UPDATE 2-Washington lawmakers nix bill linking tax breaks to Boeing jobs

SEATTLE, Feb 5- Washington state lawmakers voted down a bill on Friday that would have forced Boeing to keep a minimum number of jobs in the state in exchange for receiving billions of dollars in tax breaks. The bill would have linked the tax breaks to Boeing's employment of at least 83,295 people in Washington, the number when the breaks were granted.
Source: Reuters | By: Alwyn Scott