Asian equities rose on Wednesday following better-than-expected U.S. growth data but Japan underperformed on the back of a stronger currency.» Read More
SHANGHAI, Nov 21- China stocks ended slightly up on Thursday, as fresh worries over the cooling economy and continuing profit-taking pressure undercut gains by financial sector shares. The CSI300 index of the largest listed companies in Shanghai and Shenzhen was flat. China Life Insurance Co Ltd rose 3.2 percent, China Pacific Insurance Group Co Ltd 2.4...
SHANGHAI, Nov 7- China shares rose on Friday, buoyed by strength in brokerages as investors regained confidence after the Chinese central bank pumped liquidity into the financial system to help the economy. "I've seen investors are confident to buy into those low-valuation heavyweight stocks," said Du Changchun, analyst at Northeast Securities in Shanghai,...
SHANGHAI, Oct 10- China shares ended down on Friday, ahead of September economic data and as there was resistance with the Shanghai benchmark not far from the level of 2,400 points. The Shanghai Composite Index unofficially fell 0.6 percent to 2,374.61 points while the CSI300 of the leading Shanghai and Shenzhen A-share listings dropped 0.6 percent.
SHANGHAI, Oct 10- Hong Kong shares slid on Friday afternoon, heading for their biggest percentage decline in two weeks on weakness in overseas markets and jitters over a possible flare up in pro-democracy protests in the city. The China Enterprises Index of the top Chinese listings in Hong Kong fell 1.7 percent. "The Hong Kong stock market is just following the...
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.
HONG KONG, Aug 19- Canadian retailer Alimentation Couche-Tard Inc and China's Tencent Holdings Ltd are among suitors short-listed to buy a $16 billion minority stake in China's Sinopec Sales, the world's largest fuel retail network, people familiar with the matter told Reuters.
Asian stocks rose for a second session on Tuesday on hopes that growth in the world's second-largest economy has finally stabilized.
Asian stocks were mostly higher on Tuesday, but the mood was cautious amid developments in Thailand and the Bank of Japan's policy meeting.
Japan's benchmark index extended losses on Wednesday but the rest of Asian shares rose following a recovery on Wall Street overnight.
Asian stocks were mixed on Wednesday with Japan's benchmark index outperforming its peers, which traded flat despite a positive global lead.
Asian equity markets kicked off the week mostly higher on Monday following strong data from the U.S. and China.
China's broad-based reform plans got a thumbs-up from the markets, with Hong Kong and mainland shares climbing Monday, leading regional gains.
Asia's equity markets rose to fresh peaks on Tuesday, fueled by hopes of central bank stimulus but Japanese shares fell, weighed down by mixed economic data.
Asian stock markets traded cautiously on Friday as investors digested a raft of regional corporate earnings and as attention turned to first-quarter U.S. GDP figures for signs of whether the rally on Wall Street can continue.
Asian shares ended mostly lower on Thursday, paring initial gains as investors cashed in their chips following recent rallies with demand also capped by caution ahead of Chinese data on Friday.
Asian shares ended mostly lower on Friday, tracking overnight weakness in global equities after several Fed officials expressed concerns about continuing to expand stimulative bond buying. But, Japanese stocks surged as the market played catch-up with the region on its first trading day of 2013.
Thomas Monaco, Managing Director, Mizuho Securities says that China's new rules to open up its insurance sector is good news for the sector as it will lead to more diversification.
Central Huijin, a unit of China's sovereign wealth fund China Investment Corp, raised its stake in Industrial and Commercial Bank of China by about 127.6 million shares on Oct. 9 and 4.7 mln shares on Oct. 10.
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.
The Chinese market may trade cautiously ahead of the weekend Greek elections.