CME lowers gold, silver, copper, natgas margins
The CME Group has lowered margins for natural gas, gold, silver, copper, lean hog and live cattle futures, effective after close of business on Tuesday, November 20. CME, the biggest…
China’s PICC Group to raise up to US$4b in Hong Kong IPO
Chinese state-owned insurer PICC Group started meeting institutional investors in Hong Kong on Thursday to gauge demand for a listing worth up to US$ 4 billion, braving a slump in…
Gold slips as oil pares gains;eyes on Middle East
Gold slipped on Thursday as oil pared gains and share prices fell, but tension in the Middle East and worries about the U.S. “fiscal cliff” could still spur buying from…
Brent slips below US$108 as IEA cuts demand outlook, supply rises
Brent crude slipped below US$ 108 a barrel on Wednesday, declining for a third day, after the International Energy Agency (IEA) further cut its demand outlook for the fourth quarter…
China’s aerospace giant AVIC taps capital markets for growth (video)
Aviation Industry Corporation of China (AVIC), the country’s dominant aerospace and defence contractor, plans to raise more money in the mainland and Hong Kong stock markets to bankroll future growth…
Taiwan bourse says probing unusual HTC share move
The Taiwan stock exchange said on Tuesday it is looking into unusual moves in the shares of HTC Corp one day before the smartphone maker announced a settlement with Apple.…
Shares in Taiwan’s HTC up by daily limit on Apple deal
Shares in Taiwan’s leading smartphone maker HTC surged by its daily 7.0 per cent limit Monday after it announced it had reached global patent settlement with US technology giant Apple.…
Asian markets mixed after China, Japan data
Asian markets were mixed Monday as another round of healthy Chinese data was offset by figures showing Japan’s economy shrinking, while fears over the US “fiscal cliff” also hurt sentiment.…
Sino Land and South China seek HK$7b for Central office block
Sino Land and South China Holdings are trying to sell a 33-storey office building in Central for HK$ 7 billion rather than by individual floors, to command a higher price…
