Nikkei up more than 1pc as Cyprus, EU agree rescue deal
Japan’s Nikkei share average rebounded on Monday after a sharp fall at the end of last week, as Cyprus and the European Union agreed to a plan to resolve the…
Cyprus deal to bring US stock rally: experts
Markets & Investing feed…
Cyprus deal boosts Asian markets
Asian markets rallied on Monday after Cyprus and and its international leaders struck a deal that will qualify the island for a bailout and avoid the collapse of its banking…
Small lenders battered by wealth product rules
Share prices for all mainland banks fell, with smaller banks the worst hit. The Big Four fell between 0.1 and 2.1 per cent, with Agricultural Bank of China down the…
Asian markets slip, spooked by euro zone fears
Asian markets slipped on Thursday and the euro sat around four-month dollar lows as euro zone fears reared again, with Italy’s politicians still unable to form a government weeks after…
Asian markets rise as Dow sets new record
Asian markets rose on Wednesday, boosted by another record high for the Dow on Wall Street while concerns over the Cyprus bailout receded. The euro also edged higher, although dealers…
Cyprus debacle makes fund managers more cautious
Renewed market jitters following the decision to rescue Cyprus bailout have prompted some of the world’s top fund houses to cut their risk profile to minimise losses in volatile global…
Rich Chinese increasing purchases of overseas equities
Mainland millionaires are showing a growing appetite for offshore equities and stock-related investment products, even as Beijing attempts to retain capital in the onshore market and lure offshore capital, a…
Malaysian tycoon Kuok raises stake in Shangri-La Hotels unit
Robert Kuok, Malaysia’s richest man according to Forbes, has increased his equity stake in locally listed Shangri-La Hotels (Malaysia), according to stock exchange filings late on Monday. The luxury hotels…
Asian markets slip on Europe bank levy comments
Asian markets dipped on Tuesday after a top euro zone official suggested a levy on bank deposits used as part of the Cyprus bailout could be a template for future…
March 29, 2013Comments Off on Asian markets slip on Europe bank levy commentsRead More