What's news

Benchmark index drops before economic reports

China's benchmark stock index fell from an eight-month high on Tuesday before the release of economic data including new yuan loans and industrial production. The Shanghai Composite Index slipped 0.1 percent to 2,221.60 at the close. It climbed 1.4 percent on Monday to its highest level since last Dec 10 after data showed subdued inflation. The gauge has rebounded 12 percent from this year's low, sending its 14-day relative strength index to 71.4 on Monday. Readings above 70 indicate a price may be poised to fall.

Yuan snaps gaining streak on possible dollar speculation