When little-known Chinese taxi-hailing app Didi Dache needed $15 million to grow its business, China Renaissance helped raise the funds from Tencent.» Read More
Singapore's efforts to rein in household debt and its sky-high home prices appear set for their first test as local rates begin to rise.
After a more than seven-year mire, China stocks may finally be on the cusp of a long-term bull run, shrugging off an economic slowdown, analysts said.
Despite the lackluster performance of Japanese stocks in 2014, investors have high hopes for the market, forecasting gains of 17 percent by year-end.
The euro fell to near a nine-year low, hit by concerns that Greek elections will result in a government that will aim to cancel austerity measures.
Citigroup appointed Shreyas Bordia managing director in its EMEA energy team based in London. Bordia joins from Morgan Stanley, where he was part of the energy team with a primary focus on the E&P and oil field services sectors, Citigroup said in a statement. DeBono, based in London, will focus on risk management and valuation of complex assets at FTI Consulting,...
The buyout firm named Dave Bordeau, Marni Payne and Raleigh Shoemaker managing directors, who, along with 19 other managing directors, will manage the firm and its affiliated investment funds. The bank named Amanda Chen deputy head of its wealth management arm for Asia, ex- Japan. Cheah, who is based in Singapore, joins Avista from BNP Paribas Securities, where she...
Japan approved $29 billion of stimulus spending to help lagging regions and households, but analysts are skeptical of how much of a growth boost it will offer.
China's Xiaomi is raising over $1 billion from investors including Singapore's GIC that would value the smartphone maker at over $45 billion, sources said.
After a ho-hum performance for most of 2014, analysts believe that Japan's Nikkei 225 will see better days in the year ahead.
China has told its banks to lend more and lower loan-to-deposit ratios, as Beijing prepares to release data that confirms a slower economy.
Japan Prime Minister Abe's election gamble is expected to end in a respectable, if not landslide, victory, but some are concerned the bid may fail.
*Sony jumps to 3 1/ 2- year high on growth hopes, broker upgrade. TOKYO, Nov 25- Japan's Nikkei share average rose on Tuesday morning as Wall Street's gains and China's interest rate cut encouraged investors to play catch-up after a long weekend. JPMorgan raised its rating on Sony to' overweight' from' neutral', saying that bad news about its mobile phone and TV...
A sudden swell in China's exports of gold and jewelry may signal a resurgence of speculative currency inflows through inflated trade receipts.
The dollar-yen broke above the 115 level for the first time in seven years on Thursday.
Widespread usage of smartphone cameras is pushing point-and-shoot digital camera sales into a "free fall", and there's little hope of a turnaround.
Hopes abound that mom-and-pop gamblers will sweep into Macau and save the day, but it isn't clear they can replace the VIPs who are staying away.
TOKYO, Nov 4- Japan's Nikkei share average hit a seven-year high on Tuesday as investors gave a thumbs up to the Bank of Japan's unexpected move to ease policy further and the public pension fund's reallocation of assets to switch more funds to domestic stocks. Turnover at the Tokyo Stock Exchange's main board hit 5.4 trillion yen, the second highest on record.
TOKYO, Nov 4- Japan's Nikkei share average hit a seven-year high on Tuesday as investors gave a thumbs up to the Bank of Japan's unexpected move to easy policy further and the public pension fund's reallocation of assets to swtich more funds to domestic stocks. Financial and real estate shares outperformed the market, with Daiwa Securities surging 12.3 percent.
Japan stocks have been on fire since the BoJ's fresh stimulus, raising questions over whether the rally is sustainable beyond short-term euphoria.
*Honda shrugs off U.S. regulator probe. TOKYO, Nov 4- Japanese stocks jumped to a seven-year peak on Tuesday, as investors lapped up a set of positive catalysts including an unexpected central bank move to ease policy further and a reallocation of funds to domestic stocks by the public pension fund. Also on Friday, Tokyo confirmed that the Government Pension...