Asian stocks drifted on Monday as investors booked profits from a New Year rally that had pushed markets to multi-month highs, but financial stocks gained after global regulators decided to relax draft plans for tough new bank liquidity rules.
Block deals hit a record $57.3 billion this year as they become the mainstay of Asian investment banks, bringing relief to IPO-starved equity capital markets (ECM) bankers in the region.
A record month of redemption from equity mutual funds invested in Southeast Asia suggests a boom in these markets could be over as money managers look elsewhere for value with their sights set on China and India.
Apple has sold more than two million iPhone 5 smartphones in China in the first weekend since the phone's launch on Friday.
Apple said it sold more than 2 million of its new iPhone 5 in China during the three days after its launch.
As Apple's shares continued to slide, a buying opportunity may present itself soon, OptionMonster's Pete Najarian says.
Apple launched its iPhone 5 in China, even as its ranking in the world's largest smartphone market has slipped in the face of competition from cheaper rivals.
Asian shares were mixed on Friday with a pick-up in China's manufacturing sector lending support but worries over the progress of U.S. budget talks to avert the "fiscal cliff" weighing on investor sentiment.
The China release of its iPhone 5 on Friday should win Apple some traction in the world's biggest smartphone market, but its longer-term hopes may depend on new technology being tested by China's top telecoms carrier.
At the end of August, Apple seemed on top of the world. Fresh off a resounding $1.05 billion U.S. legal victory over arch-foe Samsung Electronics, the company was gearing up to launch its fifth iPhone. That was then.
With a recent earnings miss and a sharp drop in its share price, technology giant Apple needs to look to emerging countries for growth and shift its focus away from saturated developed market, analysts told CNBC.
Asian shares were mixed on Thursday after U.S. President Barack Obama said a deal to avert the so-called fiscal cliff of year-end tax hikes and spending cuts was possible in "about a week" if Republicans compromise on taxes.
Nokia will partner with China Mobile to launch a version of its new flagship Lumia smartphone tailored for the world's largest cellular market, the Finnish company said on Wednesday.
Neale Anderson, Telecom & Media Analyst, Asia-Pacific, HSBC discusses the evolution of Asia's telecom infrastructure, warning the region has been lagging in adopting 4G technology.
SHANGHAI, March 29- Apple Inc's Tim Cook, on his first trip to China as the chief executive officer, has visited an iPhone production plant run by the Foxconn Technology Group, which is being accused of improper labour practices.
SHANGHAI, Oct 10- China's major insurance companies increased their combined stock holdings by more than 10 billion yuan over the last three trading days and will continue buying equities, the official Shanghai Securities News said on Wednesday.
*Focus on profits, not policy in China: JPM's Mowat* Tencent, AIA pull back from record highs. HONG KONG, Oct 8- Hong Kong shares snapped a five-session streak of gains on Monday as Chinese markets turned down after a week-long holiday on concerns growth in the world's second-largest economy could slow further.
HONG KONG, Oct 8- Hong Kong shares snapped a five-session streak of gains as concerns about China's slowdown returned to the fore after Chinese markets reopened after a week-long holiday.
*Focus on profits, not policy in China: JPM's Mowat* Tencent, AIA pull back from record highs* ZTE shares slip after draft U.S. Congress report By Vikram Subhedar.
*China telecoms, AIA outperform, oil plays weak. Hong Kong, Oct 3- Hong Kong shares rose on Wednesday as strength in insurer AIA and telecom stocks helped to offset weakness in oil producers, which fell as crude prices skidded on worries over weak global growth.