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Timothy Wong, Managing Director and Regional Head at DBS Group Research tells CNBC's Cash Flow why the ASEAN markets are the place to be.
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HONG KONG, May 7- Philippine conglomerate Cosco Capital plans a share offer worth up to $500 million to bolster liquidity and free float after a recent corporate restructuring, IFR reported on Tuesday, citing sources familiar with the deal.
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MANILA, May 7- Philippine annual inflation slowed in April to a 13- month low as nearly all commodity prices fell, cementing expectations that the central bank may tinker further with its short-term special deposit account to support growth and manage capital inflows.
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MANILA, May 7- Philippine annual inflation slowed in April to a 13- month low, giving the central bank scope to ease its policy rate and tinker with monetary policy to support growth and manage capital inflows.
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MANILA, May 7- Philippine annual inflation was 2.6 percent in April, easing to a 13- month low, with nearly all commodity groups registering lower prices, the statistics office said on Tuesday. Economists in a Reuters poll had forecast an annual inflation rate of 2.9 percent in April, the slowest in four months.
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Semirara allots $500 mln for coal plant expansion- The Philippine Star.
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NOTE: Reuters has not verified this story and does not vouch for its accuracy.
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WASHINGTON, May 6- China is using espionage to acquire technologies to fuel its fast-paced military modernization program, the Pentagon said on Monday in an annual report that for the first time accused Beijing of trying to break into U.S. defense computer networks.
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SAN FRANCISCO, May 6- The bodies of a new bride and four friends who died trapped inside a burning limousine on a bridge over San Francisco Bay were found pressed against an opening between the passenger compartment and driver's seat, a county coroner said on Monday.
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SAN FRANCISCO, May 6- Investigators sought to determine on Monday what caused a stretch limousine to erupt into flames as it crossed a bridge over the San Francisco Bay, killing a new bride and four of her friends, law enforcement officials said.
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RIYADH, May 6- Saudi billionaire Prince Alwaleed bin Talal will hold onto his most high-profile investments, which range from stakes in Citigroup and News Corp to microblogging site Twitter, while seeking out new targets to diversify his global portfolio.
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SAN FRANCISCO, May 6- Investigators were trying to determine on Monday what caused a stretch limousine to burst into flames as it crossed a bridge over the San Francisco Bay, killing a new bride and four of her friends, law enforcement officials said.
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May 6- Investigators on Monday were seeking the cause of a fire that engulfed a stretch limousine, killing five passengers and injuring four other people, as the vehicle was traveling across a bridge in the San Francisco area over the weekend.
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May 6- Investigators on Monday were seeking the cause of a fire that engulfed a stretch limousine, killing five passengers and injuring four other people, as the vehicle was traveling across a bridge in the San Francisco area over the weekend.
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Southeast Asia's third largest economy saw a $471.59 million foreign inflow into the stock market on Monday. Malaysia's second-largest lender by assets, CIMB Group Holdings Bhd. Its chief executive, Nazir Razak, is the brother of Prime Minister Najib Razak.
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The Philippines 2037 s are off USD2 at 120.75 bid, while the recently issued Indonesia 2043 s are off USD1.5 at 103.00 bid. Meanwhile, China property was up around 50 ct in price, with decent April sales data keeping the bid for the sector humming along.
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May 6- Three months ending March 31, 2013. NOTE: Petron Corp, the Philippines' biggest oil refiner and retailer, is owned by the country's most diversified conglomerate San Miguel Corp. It has 550 service stations in Malaysia.
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KUALA LUMPUR/ SINGAPORE, May 6- Malaysian stocks surged nearly 8 percent to a record high and the local currency jumped to its strongest in 20 months on Monday after the Barisan National coalition extended its 56- year rule and fended off a strong opposition challenge that had unnerved investors.
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NOTE: Reuters has not verified this story and does not vouch for its accuracy.
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MANILA, May 6- Following is a list of company-related and market news that could affect the local market. -Bureau of Treasury holds T-bill auction, 1:00 p.m.. -Semirara Mining Corp holds annual stockholders' meeting, Fairways Room, Manila Golf& Country Club, Harvard Road, Forbes Park, Makati City, 10:00 a.m..
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Bhaskar Laxminarayan, CIO, Asia at Pictet Wealth Management shares his top picks among ASEAN markets.