10h06 Hong Kong shares jumped to
their highest since early February on Monday, led by Chinese
cyclical counters, as investors chased a resurgent mainland
China market which stretched a winning streak into a fourth
session. Full story
21h35 Freeport-McMoRan Copper & Gold
Inc took a big step on Monday in its plan to expand into
energy, when Plains Exploration & Production Co
shareholders approved the miner's $6 billion takeover deal,
sweetened by two special dividends. Full story
20h10 Caterpillar Inc said on
Monday that retail demand for its construction and mining
equipment continued to be sluggish in April, though the sales
picture appeared to be improving in almost every market outside
North America. Full story
20h02 Pactera Technology International Ltd
said on Monday that Blackstone Group LP,
together with the company's management, made a $680.3 million
non-binding proposal to take China's largest technology
outsourcing firm private. Full story
09h20 China shares posted their
fourth-straight gain on Monday, helped by financials and
consumer discretionary counters after data showed new home
prices rose in April. . . Full story
08h49 The Nikkei share average surged to
a fresh 5-1/2 year high on Monday, buoyed by further weakness in
the yen and optimism over. . . Full story
03h28 Hong Kong shares were set to
start at their highest in more than a week on Monday, with index
gains helped by a. . . Full story
03h11 Hong Kong shares could start
the week higher on Monday, with China property counters in focus
after data over the weekend showed housing. . . Full story
19h06 Copper rose to its highest in almost a week on
Monday, helped by a weaker U.S. dollar and shrinking inventories of the metal in
Asia, but concerns about sluggish Chinese growth capped gains.. . . Full story
18h51 Russia's Finance Ministry has
decided not to push forward a proposal to increase a tax on
crude oil production, Deputy Minister Sergei Shatalov said,
after oil companies protested that higher taxes would lead to. . . Full story
18h34 JA Solar Holdings Co Ltd's focus
on margins over volumes paid off as the Chinese solar products
maker halved its operating loss in the first quarter by selling
more panels in high-margin Japan.. . . Full story
18h00 Nippon Steel and Sumitomo Metal
Corp expects its domestic crude steel output to rise 2
percent in the April-June quarter, as Japan's reflationary
policy drives the yen lower and makes the country's goods more
competitive.. . . Full story
17h50 Rosneft, the
state-owned Russian crude producer which earlier this year
bought TNK-BP, announced several senior management appointments
on Monday after former TNK-BP executives decided to leave
positions they had been offered.. . . Full story
17h09 Engineering group Atlas Copco
expects resilient service revenues and efficiency
drives by cost-conscious miners to sustain growth in its mining
and rock drilling business.. . . Full story
16h57 Goldman Sachs Group Inc
launched the sale of about $1.1 billion worth of Hong
Kong-traded shares in Industrial and Commercial Bank of China
on Monday, offering its entire remaining stake in the
world's. . . Full story
14h59 India's new inflation-linked
bonds will be sold to foreign investors as part of an up to $25
billion investment limit for government debt allotted for demand
from overseas, Reserve Bank of India (RBI) officials. . . Full story
14h54 A Japanese government panel warns
there is "absolutely no guarantee" that domestic investors will
keep financing the country's massive public debt, citing the
risk of a spike in bond yields that could crimp long-term. . . Full story
14h34 Kazakh state holding KazAgro has
raised $1 billion in a debut Eurobond issue as part of its $2
billion borrowing programme, the company said on Monday.. . . Full story
13h29 The ratio of non-performing loans
held by Vietnam's troubled banks eased slightly in the first
quarter as they have become better at controlling bad debt,
though the overall level of NPLs remained high, the. . . Full story
13h21 Three Qatari state-backed entities,
including the Gulf Arab nation's acquisitive sovereign wealth
fund, are setting up a $1 billion fund to invest in overseas
energy infrastructure assets.. . . Full story
13h02 Japan's Universal Entertainment
Corp booked a charge on Monday against a $25 million
payment at the centre of a FBI investigation into possible
bribery in the Philippines, saying there was no reason for the
payment. . . Full story
12h44 Indonesia named its respected
investment chief as finance minister on Monday as Southeast
Asia's biggest economy grapples with slowing economic growth and
how to bring down the massive cost of fuel subsidies.. . . Full story
12h40 Southeast Asian stock markets
gained on Monday as optimism about global growth lifted
sentiment in overseas markets while Indonesia's main index rose
to a new all-time closing high, after the appointment of a new
finance. . . Full story
11h42 China's money rates rose on
Monday, with the key seven-day money rate jumping to a more than
three-week high due to demand for funds as companies meet tax
payments, dealers said.. . . Full story
11h21 Thailand's economy contracted
more than expected in the first quarter of 2013 from the
previous three months and economists polled by Reuters said they
now expected interest rates to be cut, as the government. . . Full story
11h13 Turkey will increase its $1 billion credit line to Egypt by $250 million, Turkish Deputy Prime Minister Ali Babacan said on Monday.. . . Full story
11h12 China, the world's largest
mobile phone market by subscribers, posted a 0.9 percent monthly
increase in the number of mobile subscribers to 1.16 billion in
April, data from the country's three telecommunications
operators showed.. . . Full story
10h59 Rising optimism about global growth pushed world shares to a near five-year high on Monday, while comments from Japan's economy minister that consumers could suffer if the yen falls further lifted. . . Full story
10h53 Indonesia's government is
assuming there will be a 45 percent rise in the price of
subsidised petrol, a move widely seen as essential to relieve
mounting pressure on the state finances.. . . Full story
10h47 Hong Kong shares jumped to
their highest since early February on Monday, led by Chinese
cyclical counters, as investors chased a resurgent mainland
China market on their return from a Friday holiday, which posted
a. . . Full story
10h44 Taiwan's export orders in April
fell 1.1 percent from a year earlier, shrinking for a third
month in a row, but orders from the United States and China
rebounded, pointing to recovering demand for. . . Full story
10h40 China's yuan closed slightly
higher on Monday after the central bank surprised the market and
fixed the official midpoint almost unchanged despite a rally in
the dollar.
Spot yuan ended at. . . Full story
10h32 China's Bank of Communications
has appointed Niu Ximing as its new
chairman of the board, the bank said in a regulatory filing on
Monday.. . . Full story
10h19 Taiwan's first-quarter balance of
payments data, released by the central bank on Monday. Figures
are in billions of U.S. dollars.. . . Full story
09h38 Japan risks missing, yet again, an
opportunity to use foreign investment to help fuel sustained
economic growth that has eluded it for the last two decades.. . . Full story
09h14 Corporate event planner ITE Group Plc
reported a 15 percent fall in first-half profit, hurt by
rising overhead costs and the absence of two key biennial events
in Russia.. . . Full story
09h09 If you ever needed
an example of the corporate herd mentality, then look no further
than the stampede of cost-cutting among commodity producers
started by BHP Billiton.. . . Full story
08h41 Severstal, Russia's
second-biggest steel producer, said on Monday profit would be
flat in the second quarter of 2013 as it reported a 90 percent
year-on-year fall in first-quarter net earnings.. . . Full story
08h13 The Japanese government upgraded
its assessment of the economy on Monday, as emerging signs of an
upturn in exports and factory output added to growing evidence
that Prime Minister Shinzo Abe's aggressive polices are
beginning. . . Full story
08h00 The coveted investment grade
rating has arrived in Turkey and foreign capital may follow -
possibly a lot of it. But here's the multi-million lira
question: What kind of cash will it be?. . . Full story



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