Category: FinanceAsia
Sumitomo bid for bigger stake could be BEA’s saviour
Japanese lender Sumitomo Mitsui’s expected bigger stake in Bank of East Asia could help the Hong Kong family-controlled bank fend off hostile takeovers, analysts said. [...]
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Asia: Higher on US leads
A string of upbeat data from the United States and a rally on Wall Street boosted Asian markets yesterday Friday November 02, while growing confidence in the global outlook [...]
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Journalist who embarrassed Greeks with Swiss bank accounts is acquitted
A Greek investigative journalist was acquitted of criminal charges Thursday after he published the names of about 2,000 Greeks with Swiss bank accounts, a move that [...]
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Asia warns on complacency on Basel III changes
Asia should join in the dialogue with Europe and the US on the changes in Basel III requirements in order to maintain their competitive advantage. “There are a lot of [...]
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Asian factories perk up, US shows improvement
Asia’s large economies started to pick up steam last month after a year of slower growth, surveys showed on Thursday, while US manufacturing showed modest improvement. [...]
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Asia growth hopes lifted by manufacturing data
Manufacturing in Asia strengthened in October, data showed Thursday, with China seeing growth in activity for the first time in three months, stoking hopes the region is [...]
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Abundant liquidity in wings for Asia M&A -APLMA seminar
Asian M&A financing trends this year have been encouraging, but in a region with plentiful liquidity on offer for the right deals, deal flow is still lacking, according [...]
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Barclays-Banks focus on Asia for growth as appetite in RMB increases
Release date- 30102012 – Banks continue to view Asia as the priority market for growth according to responses from an opinion poll carried out at an event held by [...]
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Asia: Markets rebound
Asian markets rose yesterday Wednesday October 31, with Tokyo rebounding from the previous day’s losses as dealers welcomed the Bank of Japan’s latest stimulus [...]
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Crown pushes for Asia gambling gateway to Perth
Casino operator Crown wants to make Perth a major gateway for mass-market Chinese gamblers following the success of casino hotspot Singapore. Crown chair James Packer said [...]
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Virgin ups competition stakes in Australia
Virgin Australia is to expand its presence in Australia and Asia after buying a major stake in Tiger Airways and making a $98.7 million takeover swoop for regional carrier [...]
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Asia leveraged loans set to stall as global gloom spurs caution
Leveraged loan volumes in Asia may decline in 2013 as Europe’s debt crisis and China’s slowdown limits mergers and acquisitions while private equity firms shy [...]
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Standard Chartered sees growing headwinds in Asia
Standard Chartered STAN.LN -0.93 percent PLC Tuesday said it faces growing headwinds as some key Asian markets slow down and the strong US dollar tempers revenue growth. [...]
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Mobile-savvy Asia primed for virtual stores
Asia region is prime for virtual stores, which have been surfacing this year, as most of the population here are already receptive to e-commerce, value convenience, are [...]
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Asia hedge funds turn to fixed income
Asia’s record level of bond issuance is luring the region’s start-up hedge funds into fixed income, altering a long-standing focus on equities and signaling that [...]
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