Japan's economy is in the spotlight in Asia's business calendar this week as investors look to a suite of economic indicators for signs of recovery following a sales tax hike earlier this year.» Read More
HONG KONG, June 25- China shares ended lower on Wednesday, with losses led by financial counters as a wave of new initial public offerings continued to divert money from existing stocks.
HONG KONG, June 25- China shares fell in early trade on Wednesday, weighed down by underperforming financial institutions, while the benchmark index in Hong Kong eked out slim gains. The China Enterprises Index of the top Chinese listings in Hong Kong fell 0.4 percent.
Asian shares were mixed on Tuesday while liquidity was thin with Japanese markets shut for a public holiday.
Asian stocks ended higher on Thursday, with mainland shares outperforming, as investors shrugged off disappointing Chinese trade figures.
Japan's benchmark index extended losses on Wednesday but the rest of Asian shares rose following a recovery on Wall Street overnight.
Asian stocks were mixed on Wednesday with Japan's benchmark index outperforming its peers, which traded flat despite a positive global lead.
Asian shares were mostly higher on Friday but were off session highs by the afternoon after upbeat U.S. economic data spurred a strong risk-on rally.
China's broad-based reform plans got a thumbs-up from the markets, with Hong Kong and mainland shares climbing Monday, leading regional gains.
JPMorgan’s relationship with the daughter of China’s former prime minister points to its strategy for building influence in China.
China shares have enjoyed a three-month-long rally and now it's time for investors to turn selective, analysts said.
HSBC is expected to announce a near $23 billion annual profit, with cost-cutting and restructuring ahead of schedule as Europe's biggest bank seeks to consign its U.S. troubles to the past.
A move by China's Ping An Bank to ban its regional branches from approving mortgages may signal that Beijing is set to tighten controls on the property market to calm prices.
Asian stocks closed mixed on Monday after Wall Street hit a five-year high in the previous session as strong economic data buoyed sentiment.
China approved the sale of HSBC's remaining $7.4 billion stake in Ping An Insurance to a group controlled by Thailand's richest man, completing the biggest equity purchase in the country by a foreign investor.
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.
When a high-profile, billion dollar deal for a stake in a Chinese insurer was inked in early December, officials at the country's biggest policy bank were asking one question seemly unrelated to the transaction: Who is Xiao Jianhua? Caixin reports.
Japanese shares surged to multi-year highs on Tuesday on rising expectations that strong political pressure will prompt the Bank of Japan to deliver bold monetary easing measures. Meanwhile, other Asian stock markets struggled as gains were capped on earnings caution.
China's insurance regulator said it is seeking more information from Ping An Insurance after conducting a preliminary review of HSBC's planned sale of its $9.4 billion stake in the insurer to Thailand's CP Group.
Asian shares ended mixed on Wednesday after rounds of profit taking from a sharp rally at the start of the new year subsided, while investors waited warily for corporate earnings season to kick off in full force.
HSBC's sale of its $9.4 billion stake in Ping An Insurance to Thailand's CP Group has been thrown into jeopardy after state-run China Development Bank (CDB) voiced concerns over funding for the deal, sources told Reuters.