China's banks this week found themselves turning away would-be depositors as they scrambled to comply with new rules. The Financial Times reports.» Read More
*HSBC, Standard Chartered fall as Hong Kong unrest hits markets. LONDON, Sept 29- HSBC, LVMH and other companies exposed to Hong Kong underperformed a broader drop in European stock markets on Monday as civil unrest in the Asian city continued.
*HSBC, Standard Chartered fall as Hong Kong unrest hits markets. LONDON, Sept 29- Companies exposed to Hong Kong underperformed sluggish European stock markets on Monday, as civil unrest in the Asian city weighed on banks such as HSBC and luxury goods groups such as Richemont.
Hong Kong democracy protesters defied volleys of tear gas and police baton-charges to stand firm in the center of the global financial hub on Monday.
*China official PMI seen at 51.2 in Sept vs 51.1 in Aug Data due on Oct 1 at 0100 GMT. BEIJING, Sept 26- Growth in China's manufacturing sector probably steadied in September as factory orders held up, a Reuters poll showed, providing some welcome relief for those who worry the Chinese economy is quickly losing steam.
this week finding that Arab Bank Plc provided material support to Hamas could cause banks to cut ties to foreign banks and customers and make it even harder to monitor the financing of militant networks, banking industry representatives said.
Asian markets started the data-light week on the back foot, with major indices posting steep losses.
Asian shares rose on Friday following liquidity boosting measures from China and after Scottish voters decided against independence.
NEW YORK, Sept 18- If history is any guide, investors who miss out on getting a slice of Alibaba's massive initial public offering may want to think twice about jumping into the stock once it hits the New York Stock Exchange.
The 2nd U.S. Circuit Court of Appeals in New York directed two lower court judges on Wednesday to reexamine whether they had the authority to force compliance with court orders freezing accounts in China in light of a U.S. Supreme Court decision limiting federal court jurisdiction over foreign corporations.
Asian stocks were mixed on Wednesday on speculation whether the U.S. Fed will maintain its dovish policy stance and following reports of Chinese stimulus.
HONG KONG, Sept 17- Hong Kong shares rebounded from eight-week lows on Wednesday, tracking gains in U.S. markets on speculation the Federal Reserve will maintain a pledge to keep rates low when a two-day policy meeting ends later in the day. The China Enterprises Index of the top Chinese listings in Hong Kong rose 1.7 percent.
HONG KONG, Sept 17- Chinese firms listed in Hong Kong gained sharply on Wednesday helped by strength in Chinese banks after a media report said the central bank injected liquidity into the country's top lenders.
Sinopec is selling a $17.4 billion stake in its retail unit as the country reforms its sprawling state-owned enterprises. The Financial Times reports.
Li Ka-shing, aims to buy his way into the aircraft leasing business as his investment firm holds talks with lessors on building a portfolio of planes.
*Tycoon's firm in JV talks with Mitsubishi arm- sources. SINGAPORE, Sept 11- Asia's richest man, Li Ka- shing, aims to buy his way into the global aircraft leasing business as his flagship investment firm holds talks with lessors on building a portfolio of planes, people with direct knowledge of the matter said.
Asian stock markets were mostly higher on Tuesday amid light volumes as markets in South Korea and Hong Kong were closed for the Mid-Autumn Festival.
HONG KONG, Aug 29- China shares rose on Friday, buoyed by banks and outperforming aviation counters, while the Hong Kong market slipped again on profit-taking and lackluster earnings. The Hang Seng Index, which has declined the past three days, slipped 0.3 percent to a two-week low at 24,678.14 points.
Robert Martin, MD & CEO of BOC Aviation, says the firm is buying new jets due to rising Asian demand and the need to replace old aircrafts in North America and Europe.
The subpoenas are aimed at a US $4.7 bn facility provided by China Development Bank, ICBC and BOC to finance the construction of two hydroelectric dams in Patagonia and a US $2.1 bn loan from China Development Bank and ICBC to finance the Belgrano Cargas railway project.
SHANGHAI/ HONG KONG, Aug 26- Agricultural Bank of China Ltd on Tuesday became the third major Chinese bank to report slowing profit growth and rising bad loans for the second quarter, as a slowing economy impacts lenders. AgBank joins Bank of China and Bank of Communications which reported a similar results this month.