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The famed fighting monks of China's Shaolin Temple plan a foray into modern finance. They plan to join with China Travel Service in a venture that will seek to raise up to 1 billion yuan ($146.4 million) in a share listing , reports said Thursday.
Most Asian markets were in the red on Wednesday after U.S. stocks snapped their winning streak on fears of an interest rate hike and a sluggish outlook from General Electric
Asian stocks ended mixed on Tuesday as investors stayed cautious ahead of the two-day Federal Reserve meeting despite a positive end on Wall Street in the overnight session.
Asian stocks rebounded on Monday after Dubai said it had received $10 billion from Abu Dhabi to repay debt, which pushed down the yen but boosted the euro and emerging Asian currencies as risk appetite improved.
Asian stocks rose on Friday after a slew of Chinese data showed the world's third-largest economy is on a brisk recovery path, fueling optimism that the global recovery is on track.
Asian stock markets ended mixed on Thursday, despite the modest gains on Wall Street overnight.
Asian stock markets traded lower on Wednesday, following the negative lead on Wall Street overnight.
Asian stock markets ended lower on Tuesday, after comments from Federal Reserve Chief Ben Bernanke renewed concerns over a sluggish U.S. economy.
Asian stock markets painted a mixed picture on Monday, following a positive finish on Wall Street in the previous session. Tokyo rose 1.45 percent to a six-week closing high and Taipei ended Monday's session up 1.63 percent, a three-week peak. But Sydney fell as resource-related stocks dropped on the back of a slump in gold and copper prices.
Asian stock markets ended mixed Friday, as Sydney fell 1.5 percent while Shanghai gained 1.6 percent.
Most Asian stock markets gained ground on Thursday, led by Tokyo's 3.8 percent but Shanghai closed lower.
Asian stock markets tracked a strong session on Wall Street, which saw the Dow climbing more than one percent to end at its highest level so far this year. Key indices in Seoul and Hong Kong chalked up over 1 percent each.
Asian stocks gained ground and Tokyo reversed course on Tuesday afternoon, as worries eased over Dubai's debt problems. The Nikkei 225 closed 2.4 percent higher, driven by news of a surprise BOJ meeting, which weighed on the yen and lifted exporters.
Asian stock markets staged a comeback Monday after Friday's steep losses, as worries about the potential negative impact of a Dubai debt default began to fade.
Sands China's IPO price is too expensive and that is why Credit Suisse has an underperform rating on the stock, with a target price of HK$8.50, revealed its research analyst, Gabriel Chan.
Asian stock markets tumbled on Friday as concerns about a new international banking crisis erupting in Dubai rattled investor confidence. Hong Kong led the way with a 4.8 percent dive, other major indices in Tokyo, Taipei and Seoul declined over 3 percent each.
Japan's Nikkei average is likely to fall broadly on Friday after debt problems in Dubai hit financial markets, dragging European shares down to their worst daily loss in seven months.
Asia's major stock indexes finished lower across the board in a volatile, holiday-thin session Thursday, despite Wall Street posting modest gains overnight.
Asian stocks turned higher, with Tokyo, Seoul, Sydney closing firmer as a late rally lifted markets to positive ground.
Asia's key stock indexes fell Tuesday, with China's Shanghai Composite Index closing 3.5 percent lower, after selling gathered pace in the afternoon trading session.