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  • AIG sold a chunk of its stake in China's PICC for $1.25 billion, joining other big financial companies in stepping away from holdings on the mainland.

  • As the Asia-Pacific Economic Cooperation CEO Summit kicked off Tuesday, General Electric and AIA were some of the top names lauding recent accomplishments.

  • Signage adornes the American International Assurance (AIA) building in Hong Kong.

    The meltdown in Chinese stocks last month will not dent the growth story in the world's second-biggest economy, the boss of AIA Group said.

  • A sell-off unfolded in Asia's stock markets on Friday, hit by a triple whammy of U.S. losses, a continued slump in commodities and soft Chinese data.

  • Mark Tucker, chief executive officer of AIA Group.

    AIA Group remains committed to Asia and has no plans to venture abroad, Group CEO and President Mark Tucker said.

  • Shares in Chinese real estate developer Dalian Wanda traded flat as concerns about debt and a high valuation offset optimism.

  • The countdown has begun for the launch of the Shanghai-HK stock connect, but how can investors position for the milestone cross-border trading link?

  • Elderly people gather to play a checkers game next to their housing area in Singapore on January 2, 2013.

    Singaporeans are the most concerned about retirement compared to other Southeast Asia nations, a study by AIA published this week found this week.

  • Asian equity markets finished mostly higher on the final trading day of the week following another record close for the S&P 500 overnight.

  • Citigroup has picked AIA as its partner in a deal that allows the insurer's products to be sold through the U.S. bank's network. The FT reports.

  • Improving mainland economic data and hopes for export gains as the U.S. economy recovers have boosted Hong Kong stocks but some players, including Goldman Sachs, are sounding warnings.

  • Leon Cooperman, chairman of Omega Advisors

    Check out last year's top 10 picks from Omega Advisors founder Leon Cooperman and guess what you find? A 31 percent return.

  • Asian shares retreated from multi-month highs on Wednesday amid caution as the earnings season gathers pace, with Tokyo stocks falling to three-week closing lows.

  • Shanghai stock exchange

    Block deals hit a record $57.3 billion this year as they become the mainstay of Asian investment banks, bringing relief to IPO-starved equity capital markets (ECM) bankers in the region.

  • Asian shares posted gains on Tuesday, tracking the overnight gains in U.S. stocks, as fresh signs of compromise maintained a new optimism that the U.S. "fiscal cliff" budget tussle could be settled before tax hikes and spending cuts begin to bite early next year.

  • Asian stocks were mixed on Monday as investors indulged in profit-taking after last week's extensive rally but Japanese equities jumped to an eight-month high after the Liberal Democratic Party of Japan's electoral triumph propelled the yen to a 20-month low.

  • AIG.jpg

    American International Group may raise up to $6.5 billion through the sale of its remaining stake in Asian insurer AIA, a source said on Monday.

  • Asian shares were mixed on Tuesday, as prices were capped as investors waited for the U.S. Federal Reserve's policy decision this week and any progress in U.S. budget talks.

  • Hong Kong Stock Exchange

    Shares in Chinese state-owned insurer PICC Group surged in its Hong Kong trading debut on Friday, a lone bright spot in an otherwise dismal year for initial public offerings in the city and most other big regional markets.

  • Asian shares were mixed on Thursday after U.S. President Barack Obama said a deal to avert the so-called fiscal cliff of year-end tax hikes and spending cuts was possible in "about a week" if Republicans compromise on taxes.