Category: FinanceAsia
China unlikely to challenge Japan’s sway in Asian Development Bank
Contrary to expectations in some quarters, China may not push too hard to break Japan’s domination of the Asian Development Bank this year. In its 47-year history, all [...]
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Indonesian banks seek approval for trustee licences
State lenders Bank Mandiri, Bank Negara Indonesia and Bank Rakyat Indonesia have applied to Bank Indonesia to obtain a trustee license in an apparent move to entice foreign [...]
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Asia Roundup: Marts slip, best close for Tokyo
Asian markets mostly fell yesterday, Friday April 05 2013 on concerns over the US economy but Tokyo enjoyed a second straight rally and the yen slipped after the Bank of [...]
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Asia Roundup: Mostly down, Tokyo up
Tokyo shares bounced and the yen tumbled yesterday, Thursday April 04 2013 after Japan unveiled more aggressive monetary easing, but other Asian markets slipped, with Seoul [...]
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Billabong bidders said to seek $250m takeover deal.
Private equity bidders for Billabong International Ltd. (BBG) are seeking to buy Australia’s largest surf- wear company for as little as 50 Australian cents a share, two [...]
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Macquarie fund plans business trust listing for Taiwan cable firm
A Macquarie infrastructure fund said on Thursday it is planning to list a Taiwanese cable television operator as a business trust on the Singapore stock exchange, although it [...]
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China output offsetting slower growth elsewhere – HSBC survey
Stronger manufacturing and services output in China helped lift emerging market business confidence in March, masking slower growth in Brazil, Russia and India, a monthly [...]
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Asia Roundup: Most marts down, Tokyo rises
Tokyo stocks jumped yesterday, Wednesday April 03 2013 with the yen weakening as the Bank of Japan started a key two-day policy meeting, while shares in other major Asian [...]
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SE Asia: More growth, please
Southeast Asian finance officials gathering this week in the tiny oil-rich state of Brunei will be looking for ways to sustain the region’s rapid growth. The four-day [...]
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ICBC whips out wallet as Taiwan rules ease
Just a day after Taiwan’s financial regulator said it will relax rules to allow mainland banks to take bigger stakes in local lenders, the first sale of a larger stake [...]
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China big four banks’ new loans at 331b yuan in March – paper
China’s four largest banks extended 331 billion yuan ($53.40 billion) of new loans in March, while total new loans for the month could hit the 1 trillion yuan mark, the [...]
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Apple apology in China a rite of passage for foreign brands
Apple Inc (AAPL). Chief Executive Officer Tim Cook apologised to Chinese consumers after two weeks of being lambasted by state-run media for arrogance and poor customer [...]
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Australia keeps rates on hold at 3.0pct
Australia’s central bank kept interest rates on hold at 3.0 percent, saying global downside risks appeared to have eased but domestic pressures were lingering. Reserve [...]
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Asia Roundup: Equities mixed, Tolyo falls
Asian markets were mixed yesterday, Tuesday April 02, 2013 in the first full session after the Easter break, while Japanese shares sank for a second straight day as the yen [...]
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Asia Private Equity Weekly News, April 2, 20103
News and developments in Asia private equity from Reuters News for the week ending March 29. MARCH 29 GIBSON GUITAR, known for producing electric guitars used legendary rock [...]
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