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China's service sector growth slowest in 5 months

Activity in China's services sector slowed to its lowest in five months in June, the HSBC/Markit Purchasing Managers' Index (PMI) showed on Friday, suggesting the economy still needs further policy support despite some signs of steadying.
Source: Reuters
GLOBAL MARKETS-Asia stocks fall, China market rout continues

The rout in China's stock markets has wiped out trillions of dollars of market capitalization in Shanghai and Shenzhen's stock markets. Financial spreadbetters expected Britain's FTSE 100 to open down 0.1 percent, Germany's DAX up 0.2 percent, and France's CAC 40 or 0.3 percent higher. "Some of the stocks which have seen bubbly valuations in China have been the...
Source: Reuters | By: Saikat Chatterjee
Chinese university sells graduates online

A mainland university has launched an e-commerce platform to sell new graduates to prospective employers.
Source: CNBC.com | By: Nyshka Chandran
China stocks tumble again as government hunts bull market killer; Hong Kong also down

*CSI300 -2.4 pct; SSEC -3.3 pct; HSI -0.2 pct. SHANGHAI, July 3- China stocks slumped again on Friday, taking their three-week tumble to nearly 30 percent and wiping out most of this year's gains, prompting regulators to launch investigations into suspected market manipulation. said Fu Xuejun, strategist at Huarong Securities Co..
Source: Reuters
China stocks lead losses in Asia, down 3.25%

Mainland stocks extended their dramatic selloff on Friday. Elsewhere in the region, downbeat sentiment prevailed due to a soft U.S. jobs report and Greece's Sunday referendum.
Source: CNBC.com | By: See Kit Tang
The Bufferoo portfolio: What Buffett would buy in Australia

Australia's market has a small club of shares Warren Buffett might buy, analysts at Credit Suisse said in the wake of the storied investor's maiden acquisition Down Under.
Source: CNBC.com | By: Leslie Shaffer
UPDATE 1-China to lift ban on entry of miner Vale's mega-ships

SHANGHAI, July 3- China said on Friday it will allow 400,000- deadweight tonne ships to dock at its ports, officially ending a more than three-year ban that had effectively shut out Brazilian miner Vale SA's giant vessels. Four domestic ports- Qingdao, Dalian, Tangshan Caofeidian and Ningbo- will be allowed to receive the carriers after they meet technical...
Source: Reuters
Nikkei drifts lower ahead of Greek vote, Fast Retailing slides

*Fast Retailing slides after June drop in Uniqlo sales. TOKYO, July 3- Japan's Nikkei share average drifted lower on Friday as caution ahead of a Greek national vote over the weekend suppressed investors' appetite for risk, with Fast Retailing Co sliding after it reported a drop in domestic sales. Fast Retailing was down 4 percent after it said on Thursday that...
Source: Reuters | By: Shinichi Saoshiro
Hong Kong's first-half home sales, prices at record high as Chinese buyers pile back in

HONG KONG, July 3- Hong Kong's new home sales jumped to a record high in the first half of the year, driven in part by the return of Chinese investors seeking to park money in million-dollar mansions, underscoring the challenges the government faces in curbing property prices. Despite a series of tightening measures to cool the market, sales jumped 42 percent from a...
Source: Reuters
Macau casinos stocks up after China visa changes

Shares in Macau's casino companies jumped more than 10 per cent on Thursday in a rare relief rally after the semi-autonomous Chinese territory relaxed visa restrictions for visitors from the mainland.
Source: Financial Times | By: Ben Bland