The ECB meeting on Thursday is the prime event for markets seeking clarity on the bank's response to recovery, inflation and the sluggish pace of reform.» Read More
Japan's government will increase the inheritance tax rate in January, while tax relief measures on gifting will be expanded, in moves aimed at encouraging wealthy, older Japanese to either spend or pass on their savings before they die.
NEW YORK, Aug 28- A U.S. regulator can proceed with lawsuits accusing HSBC Holdings Plc and Nomura Holdings Inc of misleading Fannie Mae and Freddie Mac into buying mortgage-backed securities that later turned toxic, a federal judge ruled on Thursday.
Singapore's REITs have steadily advanced this year as predictions of higher interest rates went awry, but will yield-chasers stick with the shares?
Japan's economic growth may have collapsed in the second quarter but investors aren't giving up on the market.
China tightened censorship on messaging apps to limit dissent, while it simultaneously emerged that some foreign chat services had been blocked.
Japanese, Korean and Singaporean applications for business visas in India have shot up in the last year. Global Post reports.
*Argentine's default, Portugal bank woe hit financials despite limited exposure. TOKYO, Aug 4- Japanese stocks were flat on Monday after slipping to a one-week low in choppy early trade, as more losses on Wall Street and the conflict in Gaza and Ukraine sapped risk appetite.
Asian equity markets were mostly higher on Wednesday ahead of key risk events in the United States.
Thailand stocks have rallied sharply, but despite high hopes for the new administration's policies, analysts don't expect shares to rise much further.
Investors are paying close attention to this reporting season which will give insights into how profitability is holding up following the tax hike.
Japan will be the market to watch this week on the back of key data and as earnings season in the world's third-largest economy kicks into full gear.
The FHFA filed 18 lawsuits against Goldman and other banks in 2011 over about $200 billion in mortgage-backed securities that later went sour.
NEW YORK, July 26- A deal to resolve a U.S. regulator's claims against Goldman Sachs Group Inc over mortgage-backed securities sold to Fannie Mae and Freddie Mac leading up to the financial crisis could cost the bank between $800 million and $1.25 billion, according to a person familiar with the matter.
NEW YORK, July 25- Uncle Sam shouldn't rush to sell bonds longer than 30 years because there is adequate supply to meet demand for long-dated U.S. government bonds right now, according to analysts at the broker-dealer unit of Nomura Holdings.
Even before tougher sanctions against Russia hit the books, the country faces potential hits as investors turn their backs on its financial assets.
China's slowing property market tops the list of major economic risks, but some say the sector's stocks are "dirt cheap" and now is the time to buy.
Despite dire predictions that China faced a slew of defaults, few mainland borrowers have welshed amid various stripes of government intervention.
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.
Policy insiders are concerned that China's reform agenda is being sidelined by a focus on stimulus to meet the government's growth target.
Cross-investment between India and Japan has been relatively small, but economic reboots via Abenomics and Modinomics may change that, Nomura said.