No firm outlook for Safe forex funding scheme
With no details to go on, economists say it’s tough to predict the impact of a special office set up by the country’s foreign exchange regulator to help fund overseas…
Asian stocks rise after Fed comments
Asian shares were mostly higher Tuesday after US Federal Reserve chief Ben Bernanke reassured markets that easing measures were set to stay in place, with Tokyo leading regional bourses higher.…
China Citic Telecom shares surge after US$1.2b deal
Shares of Citic Telecom International Holdings jumped on Monday after striking a US$ 1.2 billion deal to gain control of a Macau telecommunications company from Cable & Wireless Communications and…
CVC, RBS raise US$290m in Samsonite stake sale
Private equity firm CVC Capital Partners and Royal Bank of Scotland sold a combined $ 290 million stake in Hong Kong-listed luggage maker Samsonite International, a term sheet seen by…
Singapore’s Temasek hires latest senior banker
Temasek Holdings, Singapore’s state-owned investment company, has hired Morgan Stanley managing director Jonathan Popper, said two people with knowledge of the matter who asked not to be identified. Popper oversaw…
Hong Kong stock market to benefit from new mainland investor scheme
The Hong Kong stock market is poised to receive a windfall from a renewed effort by Beijing to allow more mainland citizens to buy securities listed on overseas exchanges. The…
North Point waterfront hotel site up for sale
The government released a waterfront hotel site in the former North Point Estate for tender yesterday amid expectations that it will attract keen interest from developers. The site is west…
The secret to successful flat sales in Hong Kong? Be crazy
What do James Bond, Elvis Presley and an Arab sheikh have in common? Justin Chiu Kwok-hung. The Cheung Kong (Holdings) executive director single-handedly made the city’s property launch events more…
Nikkei hits 23-month high on Abe’s BOJ comments, Fast Retailing
Japan’s Nikkei share average rose to a 23-month high on Friday, with exporters gaining on a weaker yen after Prime Minister Shinzo Abe was quoted as saying the central bank…
Yen slips on BoJ chief’s easing comments
The yen lost ground in Asian trade ON Tuesday as the Bank of Japan chief vowed to press ahead with “aggressive” monetary easing to combat the deflation that has haunted…
January 15, 2013Comments Off on Yen slips on BoJ chief’s easing commentsRead More