Little outflow from Asia despite tapering fears
Fears in Asian financial markets of what the US Federal Reserve might do may have been greatly exaggerated, judging by how little foreign investment that entered Asia during the past…
US exchanges to create kill switches following Nasdaq outage
US stock exchanges agreed with regulators on Thursday to reforms including a “kill switch” to stop trading during emergencies, after a software glitch with Nasdaq’s stock quote processor last month…
Aberdeen unseats HSBC as top India fund as crisis takes toll
For years, Aberdeen Asset Management laboured in India in the shadow of HSBC’s star stock-picker Sanjiv Duggal. The rupee crisis has changed that. Markets & Investing feed…
Water-treatment firm opens offering
CT Environmental, a Guangdong-based water-treatment company, started institutional book building yesterday for a long-planned Hong Kong initial public offering. Markets & Investing feed…
Italy’s Versace eyeing sale of 15-20pc stake: source
Italian fashion house Versace is looking to sell a stake of up to 20 per cent to help it fund growth in a deal that would value the group at…
Verizon breaks record books with US$49b bond
Verizon Communications priced a record US$ 49 billion corporate bond on Wednesday and investors clamoured to get a slice of the deal as the telecoms operator offered generous yields to…
Japan’s bulls go for a run as valuations tumble
Japanese shares are getting cheaper faster than any developed market as global investors regain faith in the world’s third-largest economy, with valuations declining even as the benchmark Topix index rallies.…
Owner of Chong Hing in talks to sell stake
Chong Hing Bank, Hong Kong’s smallest family-run lender, said its controlling shareholder was still in talks to sell a stake in the company. Markets & Investing feed…
Huishan Dairy aims to raise US$1.3b in IPO
China Huishan Dairy, in which Hong Kong business mogul Cheng Yu-tung has a roughly 25 per cent stake, plans to raise up to US$ 1.3 billion through a float in…
Chinese government bond futures start trading again after 18-year hiatus
Bond futures could help the mainland liberalise its interest-rate mechanism and provide a new tool for institutions to hedge against interest-rate volatility. Markets & Investing feed…
