Companies in emerging markets are pushing established multinational firms (MNCs) out of key industries, fresh data show.» Read More
Sinopec is selling a $17.4 billion stake in its retail unit as the country reforms its sprawling state-owned enterprises. The Financial Times reports.
Flagship Chinese oil producers are preparing to ramp up multi-billion dollar capital spending plans squeezed amid a Beijing probe into industry graft.
Asian stock markets declined on Thursday in a quiet session amid a lack of catalysts.
Asian equities were mixed on Thursday as profit-taking overshadowed robust U.S. economic data overnight.
Asian equity markets were mostly higher on Wednesday ahead of key risk events in the United States.
Asian equities finished a choppy session mixed on Monday with escalating violence in Iraq weighing on sentiment.
Asian equities closed mixed in choppy trading Thursday, as traders braced for a highly-anticipated European Central Bank meeting.
Asian shares fell on Monday with the absence of a lead from Wall Street last week due to the Easter holidays.
A deal between Sinopec and Phillips could signal that the United States is to become the top supplier of LPG to China.
Asian stocks rose on Monday after weak Chinese data raised hopes of fresh monetary stimulus.
Ongoing worries over China's economy weighed Asian equity markets down on Wednesday, while overnight losses on Wall Street further ignited a flight-to-safety.
Asian shares were a lackluster sight on Monday, with major indexes across the region registering steep declines.
Asian equities were a mixed sight of red and green on Friday, despite overnight gains on Wall Street and as investors digested a raft of Japanese economic data.
An dip on Wall Street overnight drove most Asian equities lower on early Wednesday.
Asian shares were mixed on Friday with Japan hitting a one-week low while the rest of the region gained on higher-than-expected Chinese inflation.
China announced a sweeping package of economic and social reforms last month, boosting global sentiment towards Chinese investments. The FT reports.
Asian shares were mixed in rangebound trade on Tuesday as investors await new catalysts to direct sentiment.
Asian shares kicked off the week higher after a historic deal over Iran's nuclear program bolstered risk appetite.
Asian shares were mostly lower on Wednesday as a negative handover from Wall Street overshadowed remarks from Federal Reserve Chairman Ben Bernanke.
Asian shares followed their Wall Street peers lower as talk about a scaling back of the Federal Reserve's monetary stimulus weighed on sentiment.