Asian Markets news

Markets

(Reuters) - Wells Fargo & Co has fired four mid-level executives and stripped them of bonuses and stock awards as a result of an investigation into improper sales practices in its retail bank, the company announced on…
02.22 / 03:15
business-standard.com
The dollar was steady after hawkish comments from top Federal Reserve…
02.22 / 03:15
business-standard.com
Seven million Yemenis do not know where their next meal will come from:…
02.22 / 03:15
business-standard.com
Canada will resettle 1,200 Yazidi refugees who faced persecution by the Islamic State…
02.22 / 03:15
business-standard.com
China has also begun a suspending all coal imports from North Korea for the rest of the…
02.22 / 03:15
business-standard.com
BEIJING (Feb 22): China's home price growth slowed for the fourth straight month as demand cooled further in the biggest cities, official data showed on Wednesday, signalling government curbs to defuse a bubble in the sector were starting…
02.22 / 03:12
theedgemarkets.com
(Feb 22): Oil company Saudi Aramco has selected JPMorgan Chase & Co, Morgan Stanley, and HSBC Holdings Plc as lead underwriters for its planned initial public share offering, the Wall Street Journal reported on Tuesday, citing…
02.22 / 03:12
theedgemarkets.com
WASHINGTON (Feb 22): China, in an early test of US President Donald Trump, is nearly finished building almost two dozen structures on artificial islands in the South China Sea that appear designed to house long-range surface-to-air…
02.22 / 03:12
theedgemarkets.com
China will encourage local governments to issue bonds in free trade zones (FTZs) in 2017, the Ministry of Finance (MOF) said Tuesday. Governments of regions where conditions mature can "actively" issue bonds in FTZs, according to a circular released by the MOF. Local officials were also told to attract more foreign-funded financial institutions to participate in underwriting. China launched its first FTZ in Shanghai in 2013. In late 2014, Tianjin, Fujian and Guangdong were allowed…
02.22 / 02:28
en.xinfinance.com
KUALA LUMPUR (Feb 22): Ann Joo Resources Bhd shares jumped 4.35% this morning after it returned to the black in the fourth quarter ended Dec 31, 2016 (4QFY16), posting a net profit of RM45.94 million or 9.18 sen a share against a net loss…
02.22 / 01:52
theedgemarkets.com
KUALA LUMPUR (Feb 22): Mercury Industries Bhd rose 4.76% in thin trade this morning after its 70%-owned construction unit Paramount Bounty Sdn Bhd has won a mixed development project worth RM238 million in Gombak, Selangor. At…
02.22 / 01:52
theedgemarkets.com
This article first appeared in The Edge Financial Daily, on February 22, 2017.   KUALA LUMPUR: The worst is likely over for the local banking sector, according to Hong Leong Bank Bhd, the fifth largest banking group in …
02.22 / 01:52
theedgemarkets.com
Investors continue to keep a close eye on the words and deeds of Donald Trump as the US president has vowed to give a new direction to America’s economic and trade policies. Although Trump wants to lure more manufacturers to move their production back to the US, the reality is that his country has limited…
02.22 / 01:35
ejinsight.com
China’s securities watchdog has approved the country’s first initial public offering by a trust company in more than 20 years. Shandong International Trust Co. Ltd. won approval from the China Securities Regulatory Commission to sell as many as 676.5 million shares in a Hong Kong share sale, Bloomberg reports, citing a stock exchange filing by […
02.22 / 01:35
ejinsight.com
The Hong Kong market’s recent gains were powered by a sudden influx of money from China, as some entities which built up reserves for potential overseas M&A deals decided to channel the funds into equity investments on the stock market instead, according to the Hong Kong Economic Journal. Following a brief decline triggered by news…
02.22 / 01:35
ejinsight.com
KUALA LUMPUR (Feb 22): The FBM KLCI edged up cautiously in early trade today in line with the gains at most regional markets. At 9.05am, the FBM KLCI gained 1.17 points to…
02.22 / 01:18
theedgemarkets.com
TOKYO (Feb 22): U.S. oil prices held near seven-week highs on Wednesday after OPEC signaled optimism over its deal with other producers including Russia to curb production and clear a glut that has weighed on the market since…
02.22 / 01:18
theedgemarkets.com
TOKYO (Feb 22): Asian stocks edged up on Wednesday, joining a record-setting night for world markets as investors cheered upbeat factory activity in Europe and solid earnings on Wall Street. The dollar was steady after hawkish…
02.22 / 01:18
theedgemarkets.com
The number of attempted crossings has surged this…
02.22 / 00:13
business-standard.com
Over Moscow decision to recognise passports issued by separatist authorities in eastern…
02.22 / 00:13
business-standard.com