3:38 pm August 3, 2015 | No Comment
Greece's stock market plunged nearly 23 percent on Monday when it opened after a five-week shutdown brought on by fears the country was about to be dumped from the euro zone.
2:45 pm July 31, 2015 | No Comment
Indonesia's main stock index climbed more than 1 percent in the morning trading session on Friday, seemingly unmoved by the plethora of disappointing first-half earnings results as investors picked up cheap stocks in anticipation of recovering economy in the second half.
11:29 am July 31, 2015 | No Comment
China's securities regulator on Friday said it is investigating the impact of automated trading on the market, as Beijing intensifies pressure on its financial industry in the wake of a share-price plunge.
10:13 am July 31, 2015 | No Comment
Profits at Bank Rakyat Indonesia and its subsidiaries inched up less than 2 percent in the first half this year, as rising overhead and interest costs took their toll amid slowing loan growth.
3:17 pm July 30, 2015 | No Comment
Bank Permata, Indonesia's ninth-biggest lender by assets, gained a slight increase in its first half profit due to healthy growth in its net interest income, the lender said in a statement late on Wednesday.
3:08 pm July 30, 2015 | No Comment
Hong Kong. DBS Bank placed the first Singaporean benchmark in offshore covered bonds with a $1 billion 3-year offering, setting the foundation for Asian banks to access international investors during challenging markets.
2:04 pm July 29, 2015 | No Comment
While local Chinese fret over the bursting of the Shanghai stock bubble, global investors are more worried about the yuan currency which once seemed destined to rise inexorably.
9:36 am July 28, 2015 | No Comment
Asian stocks fell to three-week lows on Tuesday as a deepening rout in Chinese stocks erased risk appetite - sending investors flocking to safe-haven instruments such as government bonds and the Japanese yen.
3:23 pm July 27, 2015 | 1 Comment
State lender Bank Mandiri, the biggest bank in Indonesia by assets, projected a slight pickup in lending growth during the first half of the year in the middle of a nationwide economic slowdown.
2:00 pm July 27, 2015 | No Comment
West Java provincial government set to get approvals for its long-awaited municipal bond, slatting an issuance of infrastructure debt paper next year, which would lay precedence for other regions to raise financing from market.
8:16 pm July 24, 2015 | 18 Comments
Indonesia’s main stock index slipped on Friday as retailers’ stocks tumbled following the government’s decision to increase import duty on consumer goods entering the country.
7:54 pm July 24, 2015 | No Comment
Indonesia is seeing lower bids toward its euro-denominated bond as investors refrain from buying riskier emerging market assets ahead of the US Federal Reserve interest rate increase and Greek debt debacle.
5:17 pm July 24, 2015 | No Comment
Private equity firms KKR & Co and TPG Capital are making poor returns on their investment in China International Capital Corp (CICC), the country’s oldest investment bank that is readying an IPO but has struggled to compete with younger rivals.
4:59 pm July 23, 2015 | No Comment
Credit Suisse Group’s Asia chief on Thursday said the Swiss bank would consider raising headcount or buying a smaller peer to build up its private banking business, in a region where pretax profit doubled in the first half of this year.
3:11 pm July 23, 2015 | No Comment
China has enlisted $800 billion worth of public and private money to prop up its wobbly stock markets, a Reuters analysis shows, but the impact of the unprecedented government-orchestrated rescue has so far been modest.
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