More rules on investment-linked insurance products welcomed
James Tan, general manager of British insurer Friends Provident International’s Asia, Middle East and Africa operation, said proper regulation would ensure investor protection, which is important for the development of…
Asian markets mixed after Cyprus vote
Asian markets were mixed on Wednesday morning after Cypriot lawmakers comprehensively rejected a plan to tax savings as part of a crucial bailout deal, amid fears over the eurozone financial…
BlackRock sees growth in China’s industrial and healthcare sectors
BlackRock, the world’s largest asset manager, said on Tuesday it was considering investing further in China’s industrial and healthcare sectors – two areas where it predicts demand will grow. Jing…
Asian shares rebound from Cyprus bailout scare, vote eyed
Asian shares rebounded early on Tuesday from the previous session’s steep falls, but investors remained wary over a bailout plan for Cyprus which was set for a parliamentary vote later…
Asia stocks, euro lower before Cyprus bailout vote
Asian stock markets and the euro fell on Monday as a plan to fund a bailout for Cyprus by taxing its bank deposits raised worries it could spark an exodus…
Index launch of exchanges’ joint venture clears way for derivatives
A joint venture of Hong Kong, Shanghai and Shenzhen stock exchanges will launch two new indices today and will this month allow the first batch of financial companies to use…
Asian markets mostly lower, yen edges up
Asian markets were mostly lower on Thursday, while the dollar lost early momentum against the yen despite more upbeat data from the United States. Traders seemed broadly unimpressed by another…
US stocks on a roll after fresh jobs data
Wall Street rose yesterday as the Dow extended its recent winning streak to 10 days in a row and the broader S&P 500 closed in on its all-time high after…
Asian markets mostly higher, yen up after BoJ vote
Asian markets were mostly higher on Friday following another strong lead from Wall Street, where traders took heart from more upbeat US jobs numbers. The yen edged up in morning…
Exchange to end full-day halt in share trading for firm’s announcements
Listed companies will be allowed to have a short 30-minute break in the trading of their shares for the release of important information from next year, instead of the current…
