Nomura Holdings and co-lenders spent nine months before deciding in August to give Ultrasonic a $60 million unsecured credit facility.» Read More
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.
Household debt in Asia is growing quickly, spurring concerns consumers may struggle to pay their bills as interest rates start to tick higher.
June 19- Royal Bank of Scotland Group Plc agreed on Thursday to pay $99.5 million to resolve a U.S. regulator's claims against the bank over Freddie Mac's purchase between 2005 and 2007 of mortgage-backed securities that later went sour.
Traders said that foreign investors placed a large amount of buy orders on such bellwether stocks as Toyota Motor Corp, which jumped 2.6 percent and was the second-most traded stock by turnover. Honda Motor Co and Sony Corp surged 1.8 percent and 3.8 percent, respectively.
TOKYO, June 18- Japan's Nikkei share average edged up on Wednesday morning, benefitting from gains on Wall Street and a weaker yen which drove exporters higher. Exporters were stronger after the dollar reached a one-week high of 102.25, with Panasonic Corp soaring 2.9 percent, Nissan Motor Co adding 0.5 percent and Tokyo Electron Ltd gaining 1.2 percent.
WASHINGTON, June 16- The U.S. Supreme Court on Monday threw out an appeals court ruling that had allowed a lawsuit by a federal regulatory agency to go forward against several banks over their role in selling mortgage-backed securities to now-failed credit unions.
Both markets are wooing buyers, even as they flash different messages about the economy.
China will cut the level of reserves banks must hold for those that have sizable loans to the farming sector and small- and medium-sized firms.
The dollar rose, getting a lift from fatter Treasury yields and investor anxieties about policy shifts from the ECB.
Japan's Dai-ichi Life Insurance Co. has agreed to buy U.S. peer Protective Life for $5.7 billion, the largest acquisition by a Japanese insurer.