China mutuals told to buy more stocks to boost market
The mainland’s securities regulator is ratcheting up pressure on mutual funds to increase equity purchases after the key stock market indicator lost nearly 3 per cent this week. The move was…
Three factors keeping reits in good shape, say analysts
Goldman Sachs’ head of real estate investment banking for Asia excluding Japan, Michael Smith, said low interest rates, a strong commercial property market and capital flows were the three factors…
Asian shares rise on US data, regional earnings eyed
Asian shares rose on Friday, tracking global equities higher after upbeat US labour market data, while the dollar eased slightly on currency markets that were otherwise watching for the strength…
Japan regulator probes US asset manager over missing funds-source
Japan’s securities watchdog is investigating a US-based investment company on suspicion that it falsified performance reports and could not account for the bulk of its US$ 1.4 billion (HK$ 10.87…
Nasdaq profits hurt by Facebook IPO costs, dark trading
Nasdaq OMX Group has set aside cash to reimburse firms harmed in Facebook’s botched market debut last May, and to possibly settle a regulatory probe into the matter, denting the…
Egypt bourse struggles under heavy hand of government
Markets & Investing feed…
US markets reel after hackers compromise AP Twitter account
Hackers took control of the Associated Press Twitter account on Tuesday and sent a false tweet about explosions in the White House that briefly sent US financial markets reeling. In…
Cyber attack briefly shutters Charles Schwab website
A cyber attack shut down Charles Schwab Corp’s website and mobile applications for nearly two hours on Tuesday but no client data or account information was compromised, a spokesman for…
Teamwork seen as key to success for funds
Dou Yuming, the chief executive of Fullgoal Fund Management, believes successful investment strategies are the result of team efforts rather than the wizardry of a star manager. Markets & Investing…
Construction, drug plays rise following quake
Shares in drug manufacturers, steelmakers and construction firms jumped in Hong Kong and Shanghai yesterday as investors bet medical and rebuilding demand will rise after an earthquake in Sichuan province…
