Despite dire predictions that China faced a slew of defaults, few mainland borrowers have welshed amid various stripes of government intervention.» Read More
NEW YORK, July 23- A federal judge on Wednesday said banks faced an uphill battle in convincing her to dismiss a U.S. regulator's claims that they misled Fannie Mae and Freddie Mac into buying mortgage-backed securities that later went sour.
*IPO process kicked off with initial Tokyo application. TOKYO/ SEOUL, July 16- Tokyo may struggle to get a piece of a listing that could value Japan's social messaging service Line Corp at up to $20 billion, with bankers saying New York is a more likely venue as a base for global expansion to build on explosive growth at home.
*Line may list in Tokyo and the United States. SEOUL, July 16- South Korea's Naver Corp said on Wednesday its Japan- based messaging application subsidiary Line Corp has applied for an IPO in Tokyo- an offering that could value the company at more than $10 billion. Naver, in a regulatory filing, stressed that its plans were preliminary.
TOKYO, July 15- Japanese messaging app operator Line Corp applied for an initial public offering that is likely to value the company at over 1 trillion yen around two weeks ago at the Tokyo Stock Exchange, a person with knowledge of the matter said on Tuesday.
TOKYO, July 15- Japanese messaging app operator Line Corp applied for an initial public offering valued at over 1 trillion yen around two weeks ago at the Tokyo Stock Exchange, a person with knowledge of the matter said on Tuesday.
Yellen, facing questions on the economy and rate hike, will be pressured to acknowledge an uptick in inflation and improvement in the labor market.
Record levels in India's stock markets amid continued post-election euphoria have raised concerns over whether a correction is due, but analysts say the bulls'rein will continue for some time.
Asian stocks were mixed on Friday on fears that issues at Portugal's biggest bank could hurt European periphery markets.
Malaysia's central bank raised its key interest rate as expected, to help temper inflation and rising consumer debt.
The Indian government's debut budget is encouraging, but lacks details on how it will turn its aspirations into reality, say economists.
Singapore's real-estate trusts have recovered to around the highest levels since last year's "taper tantrum," but Nomura says the rally may end soon.
Crude rose as profit-taking on an extended losing streak momentarily outweighed the prospect of solid supply and weak U.S. gas demand.
Asian equities extended losses into a third session on Wednesday following a selloff on Wall Street overnight and steady Chinese inflation data.
Europe's economy has dragged itself out of the crisis' darkest depths, but some question whether the stock markets' rally has outpaced the recovery.
China's slowing property market may draw comparisons with the U.S. housing bust, but some are calling a recovery and see bargains in developer stocks.
For Japan, a tax cut at the center of PM Shinzo Abe's latest growth strategy will end up giving with one hand - and taking back with the other.
Argentina's Minister Kicillof says the country is being pushed toward a new default after a U.S. Supreme Court decision favored holdout creditors.
Brazil's economy has stumbled badly, but some say upcoming elections and polls showing rising dissatisfaction with the government may herald change.
Indonesia's presidential election is two weeks away and a narrowing lead for frontrunner Joko "Jokowi" Widodo spells uncertainty for local markets.
China shares are stuck between hopes low valuations may spur bargain buying and fears of a potential credit crisis, but some see trading opportunities.