Top 67 Asian Region Markets Latest News Alerts.
STI Off 0.8%; 3000 Floor; Small Caps Still Firm - (8 Sep 2010)
[Updated] Prospect of rebound for Singapore blue chips dim with most other Asian markets still soft, U.S. stock futures flat. STI off 0.8% at 3011.39, with immediate support at 3000. Shares in broader market, especially low-price plays, faring better, with FTSE ST Small Cap Index +0.7%, FTSE ST Cata
FBM KLCI closed slightly lower - (8 Sep 2010)
FBM KLCI dropped 0.13 points or 0.01% to closed at 1434.14 points on Wednesday, in line with the trend of regional markets.
Goodbye the west, hello the rest - (8 Sep 2010)
According to Stephen D. King, HSBCâs Group Chief Economist and Global Head of Economics and Asset Allocation Research, the global financial crisis has caused a pendulum swing in global economic power from West to East.
AIG seeks Hong Kong listing approval for AIA - (8 Sep 2010)
HONG KONG: American International Group Inc (AIG) plans to seek Hong Kong listing committee approval on Sept 21, to list its Asian life insurance unit, aiming to raise about US$15bil, two sources with direct knowledge of the deal said yesterday.
Carrefour bidder Navis raises US$1.2bil - (8 Sep 2010)
SINGAPORE: Malaysian private equity firm Navis Capital Partners, one of the bidders for Carrefour’s operations in Singapore and Malaysia, has raised US$1.2bil for a fund that will invest in Asian companies.
Petronas sets Tapis oil at record high - (8 Sep 2010)
Petroliam Nasional Bhd, Malaysia’s state oil and gas company, increased a price-adjustment factor for its Tapis crude for this month’s shipments to a record.
The factor was raised b
Navis raises US$1.2b for Asian fund - (8 Sep 2010)
SINGAPORE: Malaysian private equity firm Navis Capital Partners, one of the bidders for Carrefour's operations in Singapore and Malaysia, has raised US$1.2 billion (RM3.74 billion) for a fund t
New Bill to spur Jakarta infrastructure drive - (8 Sep 2010)
HONG KONG: Indonesia's efforts to modernise its infrastructure have lagged India's slow but steady improvements, although Jakarta's progress could be fast-tracked in the eyes of foreign investo
BOJ keeps rates steady but vows timely action - (8 Sep 2010)
TOKYO: The Bank of Japan (BOJ) stood pat on monetary policy yesterday but vowed timely action when needed, setting the stage for possible easing next month when it has clarity on Japan's pol
AIG seeks HK approval for unit’s listing - (8 Sep 2010)
HONG KONG: American International Group Inc (AIG) plans to seek Hong Kong listing committee approval on September 21 to list its Asian life insurance unit, aiming to raise about US$15 billio
Merrill Lynch, Credit Suisse pick new Asia chiefs - (8 Sep 2010)
SINGAPORE: Bank of America's Merrill Lynch hired Michael Benz from UBS as its new Asia-Pacific head of wealth management, underscoring aggressive competition for top bankers in the world's h
HSBC: India-Malaysia trade to hit new pitch - (8 Sep 2010)
NEW DELHI: A top global bank has forecast that India-Malaysia trade will hit a new pitch given the global economic recovery mood and as both traditional trading partners ride on economic prospe
Asia Roundup: Mixed as dealers take profits - (8 Sep 2010)
HONG KONG: Asian markets ended mixed yesterday as traders took profits from a recent rally while a holiday in the US meant Wall Street provided no strong pointers.
The euro came und
Profit-taking weighs on ringgit - (8 Sep 2010)
RINGGIT
THE ringgit closed lower against the US dollar yesterday on profit-taking and in line with the lower share prices on Bursa Malaysia, dealers said.
At the close, the ringg
BURSA MALAYSIA: Share Prices Extend Downtrend At Midday - Bernama - (7 Sep 2010)
Asia Grain Outlook: Black Sea Drought Raises Asia Corn Demand - (7 Sep 2010)
By Sameer Mohindru
Of Updated NEWSWIRES
SINGAPORE (Updated)--Asia's corn demand will likely rise over the next few months as buyers in Southeast Asia, facing a shortfall in feed wheat, are locking in purchases of the alternative grain, providing
Singapore Dollar Higher Late, But Outlook Remains Cautious - (7 Sep 2010)
Latest Change
USD/SGD 1.3444 -0.0024
Overnight rate 0.13% -6 bps
Two-year bond yield: 0.43% Unchanged
10-year bond yield: 2.07% -4 bps
Two-year swap offer: 0.89% Unchanged
10-
Australia Shares End Down 0.8% Amid Offshore Weakness - (7 Sep 2010)
SYDNEY (Updated)--The Australian share market retreated to a three-day low Wednesday as concern about European banks' exposure to sovereign debt triggered falls in offshore equities.
Traders were also wary of offshore selling related to Vodafone'
FOREX: Ringgit Traded Lower Against US Dollar Due To Lack Of Commercial Interest - Bernama - (7 Sep 2010)
Malaysia Authorities Appeal Wildlife Trafficker Jail Sentence - (7 Sep 2010)
KUALA LUMPUR (AFP)--Malaysian prosecutors said Wednesday they would seek a tougher sentence against wildlife trafficker Anson Wong, whose six-month jail term for smuggling snakes has been sharply criticized.
Wong, nicknamed the "Lizard King" and
UPDATE: Asian Shares Drop; Yen Strength Hurts Japan Exporters - (7 Sep 2010)
(Adds information, quotes, updates/adds market levels)
By Colin Ng and Leslie Shaffer
Of Updated NEWSWIRES
SINGAPORE (Updated)--Asian stock markets were mostly lower Wednesday after Wall Street declined amid
PRESS DIGEST - Malaysia - Sept 8 - Reuters - (7 Sep 2010)
= FX ASIA: Asian Reserves Up In Aug As Central Banks Intervene - (7 Sep 2010)
By David Roman
A Column
Overnight Soyoil Gains Positive For CPO Futures - (7 Sep 2010)
[Updated]--Overnight gains in soyoil may support BMD CPO futures, traders say. Though soyoil priced easing during Asian trading hours, overall outlook positive, says Singapore-based trading executive. December soyoil contract on CBOT settled 0.93 cents, o
stocks end mixed on Tuesday - (7 Sep 2010)
Asian stock markets ended mixed on Tuesday as news of a stimulus plan by the US president to help boost its economy was overshadowed by declines in oil prices.
Naza still in talks with GM - (7 Sep 2010)
PETALING JAYA: The Naza group of companies is still negotiating with General Motors Corp (GM) on the possibility of setting up an assembly plant in Malaysia and making the country the regional hub for selected Chevrolet models.
Europe embracing Asiaâs growth, spending power - (7 Sep 2010)
EVEN in mid-August, the cool London breeze reminded me that I packed too lightly. In contrast to the chilly wind, London (and Paris) I must say is really busy and full of energy; it is hard to believe that data are showing the United Kingdom and Europeâs economic growth are both slow, handicapped by huge debts at both
Julius Baer to expand in Asia - (7 Sep 2010)
SINGAPORE: Julius Baer, Switzerlandâs third largest private bank, plans to double Asiaâs contribution to 20% to 25% of assets in five years as it recruits new staff and opens more offices in the region.
CLSA analysts see Bursa on cusp of 'golden era' - (7 Sep 2010)
The Philippine Stock Exchange Index is testing its record high reached on October 8 2007, after fluctuating between support at 975 to 1,075 and resistance at 3,447 to 3,896 since 1993, CLSA analysts l
India-Malaysia trade to hit new pitch - (7 Sep 2010)
A top global bank has forecast that India-Malaysia trade would hit a new pitch given the global economic recovery mood and as both traditional trading partners ride on economic prosperity.
H
Carrefour bidder Navis raises US$1.2b - (7 Sep 2010)
Malaysian private equity firm Navis Capital Partners, one of the bidders for Carrefour’s operations in Singapore and Malaysia, has raised US$1.2 billion for a fund that will invest in Asian comp
Malaysia insurance mart stays largely untapped - (7 Sep 2010)
Malaysia's insurance market remains largely untapped with the average sum assured being less than RM50,000.
Unlike other Asian countries such as Singapore or Taiwan which have a similar populat
India curbs may fuel cotton rally - (7 Sep 2010)
MUMBAI: Global cotton prices are likely to continue their rally as India, the world’s second biggest exporter, restricts exports to soften local prices even though the country is expe
Europe, US growth to stay weak: IMF - (7 Sep 2010)
PARIS: Economic growth will likely remain weak both in Europe and the US, despite recent strong growth figures in Europe, and Germany in particular, IMF chief economist Olivier Blanchard sa
No bubble yet as Thai builders jump into housing boom - (7 Sep 2010)
BANGKOK: From its business district to leafy suburbs, new condominiums are sprouting almost daily across Bangkok, but developers and investors alike seem little concerned about a property bu
India to sell stake in 2 oil companies - (7 Sep 2010)
NEW DELHI: India is considering selling 10 per cent in Indian Oil Corp (IOC) and 5 per cent in Oil and Natural Gas Corp (ONGC) in the March quarter, a deal that could fetch the government ab
Carrefour's sale generates interest in US - (7 Sep 2010)
NEW YORK: The move by French hypermarket chain, Carrefour, to sell its stores in Malaysia, Singapore and Thailand has generated interest in the United States.
US institutions involved in
Julius Baer aims to double Asia contribution - (7 Sep 2010)
SINGAPORE: Julius Baer, Switzerland's third largest private bank, plans to double Asia's contribution to 20 per cent to 25 per cent of assets in five years as it recruits new staff and opens
SGX: Stocks mirror regional gains - (7 Sep 2010)
SINGAPORE: Singapore shares ended 1.07 per cent higher yesterday, mirroring gains in other Asian bourses.
The blue chip Straits Times Index gained 32.02 points to close at 3,034.58, o
Asia Roundup: US jobs data lift markets - (7 Sep 2010)
HONG KONG: Asian stocks ended higher yesterday after better-than-expected jobs data from the US suggested the world's biggest economy was not as weak as feared.
Markets had been on
Philippine, Malaysian Equities Set for a `Golden Era': Technical Analysis - Bloomberg - (6 Sep 2010)
Big potential in local fixed income, equities - Malaysia Star - (6 Sep 2010)
Measat extends buyout offer - Business Times - Malaysia - (6 Sep 2010)
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Measat extends buyout offerBusiness Times - MalaysiaIn a filing to Bursa Malaysia yesterday, CIMB Investment Bank Bhd and Maybank Investment Bank Bhd, on behalf of MGNS, said that all other details, ...and more » |
markets end higher - (6 Sep 2010)
Asian stocks ended mostly higher on Monday, in line with the better than expected job data in the US that eased concerns that economic growth would be affected.
CIMB picked as one of 11 bookrunners for AIAâs IPO - (6 Sep 2010)
PETALING JAYA: CIMB Group has been selected as one of the 11 bookrunners for AIA Group Ltdâs US$15bil initial public offering (IPO).
Carrefour asset sale draws interests in US - (6 Sep 2010)
NEW YORK: The move by French hypermarket chain, Carrefour, to sell its stores in Malaysia, Singapore and Thailand has generated interests in the US.
US institutions involved in the me
Foreign funds return to Malaysia: MIDF Res - (6 Sep 2010)
JP Morgan's upgrade of Malaysia to "overweight" from "neutral" is news of big funds inflow into the country, says MIDF Research.
The upgrade cites strengthening of the ringgit, robust domest
More Asians splurge on home tech: Survey - (6 Sep 2010)
Asian consumers have started to loosen their purse strings and are more willing to splurge on big ticket items in home technology, according to GfK Asia Pte Ltd findings.
In a statement toda
Blue chips on Bursa to stage correction - (6 Sep 2010)
Bursa Malaysia blue chips extended their winning streak for a third straight week encouraged by stronger-than-estimated economic data from Australia, China and the US which improved the global recover
New arbitration rules to enhance KLRCA services - (6 Sep 2010)
THE commercial interests of local and foreign business will be better protected with the adoption of the new United Nations (UN) arbitration rules by Kuala Lumpur Regional Centre for Arbitration (KLRC
Global trade shows signs of slowing - (6 Sep 2010)
AS SIGNS point to a breather in global trade, Asian economies must now figure out how to sustain consumer and government spending as well as lure investments from companies.
Asia should be a
Regional shipping meet to discuss latest industry issues - (6 Sep 2010)
REGIONAL shipping companies will meet at the 6th Asia Maritime and Logistics Conference and Exhibition 2010 in Kuala Lumpur to discuss the latest industry waves across the globe and address how the As
Malaysia or Malaysaja? Part 2: Clarifying and reconciling the Constitution - Sin Chew Jit Poh - (5 Sep 2010)
Spanish ideals influence the world for 300 years - (4 Sep 2010)
Andrew Sheng talks about Mexico and how the country has been impacted by globalisation
A good lifestyle need not be a costly affair - (4 Sep 2010)
Tay Han Chong believes a good lifesyle need not be a costly affair.
About time Bursa consolidates - (4 Sep 2010)
TREND ANALYSIS By K.M. LEE
Global fund management industry changing - (4 Sep 2010)
THE global fund management industry has changed significantly following the global economic downturn in late 2008, which led fund managers scrambling to shift their investments to safer havens away from traditional hotspots such as the United States, Britain and parts of Europe and Japan.
Strong ringgit, attractive UK properties lure EPF and other Malaysians - (4 Sep 2010)
PETALING JAYA: The ringgitâs strength and generally lower property valuations in the UK are drawing more Malaysian investors, both retail and institutional, to London and the latest to make the move is the Employees Provident Fund (EPF).
KYM in âintenseâ talks with Vale - (4 Sep 2010)
KYM Holdings Bhd, which only recently garnered investors interest based on its ties with Brazilâs mining giant Vale International SA, is set to make the relationship official soon.
More revenue to come from Freight Mgnt overseas ops - (4 Sep 2010)
FREIGHT Management Holdings Bhd (
7210) expects the setting up of new offices in several Sout
Singapore dollar hits record high against greenback - (4 Sep 2010)
SINGAPORE: The Singapore dollar touched an all-time high against the US dollar yesterday as some Asian currencies were boosted by a return of risk appetite on better US housing and jobs data
Global fund management industry changing - Malaysia Star - (3 Sep 2010)
OSK Maintains Aeon Malaysia Earnings Forecast For FY2010, FY2011 - Bernama - (1 Sep 2010)
BURSA MALAYSIA: Share Prices Fall As Investors Retreat - Bernama - (19 Aug 2010)
JGBs Rise As Stronger Yen Fans Concern Over Japan's Economy - ()
Change
S Korea Won Up Late On BOK Rate Hike Expectations; Bonds Rise - ()
Eleven of 16 economists and fixed-income analysts recently surveyed by forecast the BOK would raise the benchmark interest rate by 25 basis points to 2.50% to tame growing inflationary pressures.
China Yuan Down Slightly On Euro Weakness Overnight - ()
6.7961 +0.08% 6.7914