Asian shares rise, weaker yen buoys Tokyo
Asian stocks were higher in quiet post-Christmas trade on Wednesday, with Tokyo shares lifted by a weaker yen which sank to a new 20-month low against the greenback. The Nikkei…
Foreign funds move from Southeast Asia to India, China
A record month of redemption from equity mutual funds invested in Southeast Asia suggests a boom in these markets could be over as money managers set their sights on China…
Asia stocks waver ahead of ‘fiscal cliff’ deadline
Asian stock markets trod water in thin trading on Monday, as hopes faded for a budget deal by the end of the year that would prevent the U.S. from reaching…
Asia stocks waver ahead of ‘fiscal cliff’ deadline
Asian stock markets trod water in thin trading on Monday, as hopes faded for a budget deal by the end of the year that would prevent the U.S. from reaching…
China to allow some futures firms to start spot trading in 2013
China will allow some of its futures brokerages to participate in commodity spot trading via a subsidiary by next year in a move that will help these firms manage price…
Hong Kong shares close up 0.2pc in half-day trade
Hong Kong shares edged higher in half-day trade on Monday, helped by strength in the Chinese financial sector after state media reported that social security funds had allocated more money…
Stocks targeted over homes as asset choice for investors
Stocks in Hong Kong are replacing homes as the asset of choice for global investors seeking higher returns amid an unprecedented stimulus by central banks from the United States to…
Cash dam reopened to flush out hot money
The city’s de facto central bank again sold down the Hong Kong dollar yesterday to maintain the currency peg to the US dollar as so-called hot money continued to pour…
Putting a price on passion for top fund managers
A background in fund management could help you when it comes to managing a fund company, but the most important trait is to have a “real passion” for the industry,…
Facelift of writer’s home a Dickens of a restoration
The London townhouse where Charles Dickens penned Oliver Twist and fathered two of his 10 children has just reopened after a £3.1 million (HK$ 39.06 million) facelift as the climax…
