Asian stocks rose for a second session on Tuesday on hopes that growth in the world's second-largest economy has finally stabilized.» Read More
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 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.
With the hotly anticipated Facebook public listing in mind, the CNBC Analytics team looked into IPOs from 2000 to the present to see which ones have been the most and least successful.
China stocks may consolidate on Tuesday in the wake of European market losses.
Thomas Monaco, Managing Director, Mizuho Securities is downbeat about mainland insurers' performance in the next 9 to 18 months because of their increased exposure to tier 2 commercial banks which are currently facing liquidity and credit quality problems.
Ping An Insurance (Group) Co of China has obtained regulatory clearance to invest in private equity and real estate, the official Shanghai Securities News reported on Wednesday.
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