Asian shares rose on Friday following liquidity boosting measures from China and as investors awaited results of the Scottish referendum.» Read More
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.
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.
*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.
NEW YORK— Chinese e-commerce company Alibaba Group is seeking to raise up to $24.3 billion in an initial public offering on the New York Stock Exchange, which would value the company at $163 billion. 1. Agricultural Bank of China Ltd. raised $22.12 billion in its June 2010 debut in Hong Kong and Shanghai.
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.
HONG KONG, Aug 26- China shares fell on Tuesday, as a batch of initial public offerings that start taking subscriptions later this week divert money from existing stocks. The CSI300 of the leading Shanghai and Shenzhen A-share listings slid 0.8 percent to its lowest close in almost a month.
SINGAPORE, Aug 25- BOC Aviation, the leasing arm of Bank of China, has placed the biggest order in its 20- year history for 80 Boeing medium-haul passenger planes, weeks after lessor SMBC Aviation ordered 115 Airbus jets.
Asian indices painted a mixed trading picture on Monday after a gathering of central bankers failed to give any clues about interest rates.
The China property market's lack of mortgage securities has allowed it to skirt one of the systemic causes of the U.S. property crash, until now.
David Kuo, CEO of The Motley Fool Singapore, explains why financials like Bank of China and Australian banks, are likely to be the outperformers in global markets moving forward.
ROME, Aug 24- The euro zone's growing fears of deflation will be stirred again on Friday when preliminary consumer price data for August is issued, with signs the European Central Bank could be looking at bolder steps to help the region's stagnant economy.
Goldman Sachs was one of the first to spot the potential in China for preferred shares, a form of hybrid security which listed companies can sell to raise capital with minimal dilution in the value of shares held by existing stakeholders.
HONG KONG/ SHANGHAI, Aug 21- China's Bank of Communications Co Ltd said on Thursday it expects bad loans to rise this year as businesses in major manufacturing regions suffer in a slowing economy, the second big lender to make such a forecast this week.
*China Aug factory activity slowed to 3- month low. The HSBC/ Markit Flash China Manufacturing Purchasing Managers' Index fell to 50.3 from July's 18- month high of 51.7, missing a Reuters forecast of 51.5. "Today's data suggest that the economic recovery is still continuing but its momentum has slowed again," said Hongbin Qu, chief economist for China at HSBC.