03h36 China's new home prices rose
0.7% month-on-month in May, picking up the pace slightly from a
0.6% gain the previous month, Reuters calculated from National
Bureau of Statistics (NBS) data published on Tuesday.. . .
17/06 The global oil market is
“unstable and fragile”, Iranian Oil Minister Bijan Zanganeh told
Russian Energy Minister Alexander Novak in a meeting in Tehran,
Iran state broadcaster IRIB said on Monday.. . .
17/06 Jet Airways' creditors
said on Monday they plan to begin insolvency proceedings against
the Indian airline in a last-ditch bid to find a buyer for the
carrier or its remaining assets and recover some. . .
17/06 Egyptian cement maker Tourah
Cement, a subsidiary of Germany's HeidelbergCement
, says it has suspended production because of financial
distress caused by oversupply in the Egyptian market and is
considering liquidation.. . .
17/06 The Bank of Japan's staff
bookstore underscores the intellectual battle lines in what has
become a renewed debate over the central bank's mission and a
contest to define Governor Haruhiko Kuroda's legacy.. . .
17/06 Saudi Arabian Energy Minister
Khalid al-Falih said on Monday that countries need to cooperate
on keeping shipping lanes open for oil and other energy supplies
after last week's tanker attacks in the Middle East. . .
17/06 China's securities
watchdog has told several large non-bank financial institutions
to lend in the interbank market to smaller non-bank firms to
help ease any cash shortfalls, sources with direct knowledge of
the matter told Reuters. . .
17/06 Planting of summer-sown crops in
India such as soybean, cotton, rice and corn has been delayed by
at least two weeks because of the slow progress of monsoon rains
in central and western parts. . .
17/06 China's new electric vehicle
(NEV) maker Human Horizons said on Monday that it will use a Kia
Motors' joint venture plant to make its first model,
according to a company statement published on its. . .
17/06 Hong Kong's securities
regulator is reviewing how banks build books for equity and debt
capital raisings, one of the city's top regulators said on
Monday, warning about potential conflicts of interest.. . .
17/06 Southeast Asian stock markets settled
lower on Monday as investors exercised caution ahead of key
central bank policy meetings later this week, while political
ructions in the Middle East and Hong Kong stifled risk. . .
17/06 The Hong Kong stock market
closed higher on Monday as local officials suspended efforts to
push for a controversial law, de-escalating mass protests, but
trading was muted ahead of the U.S. Federal Reserve meeting. . .
17/06 Singapore's non-oil domestic
exports (NODX) declined the most in more than three years in May
due to a slump in shipments to China, data showed on Monday,
prompting economists to raise bets on the. . .
17/06 Japanese share prices struggled
to make headway on Monday as uncertainties over the global
economy, U.S.-China trade frictions and the U.S. Federal
Reserve's policy stance kept many investors on sidelines.. . .
17/06 The Asian Development Bank
said talks to provide Pakistan with financial support were
ongoing, contradicting Pakistani officials who announced over
the weekend that the lender has agreed to provide $3.4 billion
in support.. . .
17/06 China plans to build a
pilot small-scale nuclear reactor that could replace coal or gas
to heat towns and cities in its colder northern regions, an
official with the state-owned developer in charge of. . .
17/06 Taiwan's central bank is
expected to leave its policy rate unchanged at its meeting on
Thursday, a Reuters poll showed, amid renewed worries that an
escalating U.S.-China trade war will hurt the island's
trade-reliant economy.. . .
17/06 Shorter-dated Japanese government
bond prices tracked losses by U.S. Treasuries and slipped on
Monday, with the overall market mood subdued ahead of this
week's policy meetings by the Federal Reserve and the Bank of
Japan.. . .
17/06 The Bank of Japan is expected to
maintain its massive stimulus programme on Thursday and signal
its readiness to ramp up monetary support if growing risks such
as the escalating U.S.-China trade war threaten. . .
17/06 Japanese share prices ticked up
on Monday, erasing initial losses, after Hong Kong shares gained
after Hong Kong's leader indefinitely delayed an unpopular
extradition bill that would allow citizens to be sent to
mainland China. . .
17/06 China's total investment in
thermal power construction last year fell to its lowest level
since 2004, according to data from an official industry group,
as the country tried to restrict investment in polluting
projects.. . .
16/06 Egypt has signed a $500 million
settlement with state-owned Israel Electric Corp over
a defunct natural gas deal, the Egyptian General Petroleum
Corporation (EGPC) and Egyptian Natural Gas (EGAS) said in a
statement on Sunday.. . .
16/06 Greece and Cyprus will push
their EU partners to penalise Turkey, including the possible
option of sanctions, if Ankara is verified to have started
drilling for gas west of Cyprus, Greek Prime Minister Alexis
Tsipras. . .
16/06 The Chinese government's
takeover of Baoshang Bank has caused some pain but prevented
bigger financial and social instability, and regulators will
restructure the lender as soon as possible, a newspaper
affiliated to China's central bank. . .
16/06 Group of 20
environment ministers agreed on Sunday to adopt a new
implementation framework for actions to tackle the issue of
marine plastic waste on a global scale, the Japanese government
said after hosting the. . .
15/06 Pakistan will receive $3.4
billion in budgetary support from the Asian Development Bank
(ABD), the de facto finance minister said on Saturday, as the
government seeks help to overcome a ballooning balance of
payments crisis.. . .
15/06 Energy ministers from
the Group of 20 major economies have shared concerns over
attacks on tankers in the Gulf and will collaborate to maintain
stability in the oil market, Japan's Industry Minister Hiroshige
Seko said. . .
14/06 Moody's cut Turkey's sovereign
credit rating deeper into "junk" territory on Friday, saying the
risk of a balance of payments crisis continued to rise, and with
it the risk of a government default.. . .
14/06 Physical gold
discounts in India widened to their biggest in five months this
week as an upsurge in local prices dampened purchases, while
China and Singapore saw demand rise from investors looking to
hedge against. . .
14/06 India's new civil aviation
minister said on Friday he is confident that airline capacity
shortage problems following the grounding of Jet Airways Ltd
will be solved, in the government's first comments
about the issue. . .
14/06 The Shanghai Stock Exchange
(SSE) said on Friday it would closely monitor any abnormal
trading patterns on its newly-launched Nasdaq-style tech board,
in a bid to curb financial risks and protect investors
interests.. . .
14/06 Most Southeast Asian stock markets fell
on Friday, with Philippines leading declines, as disappointing
output growth in China frayed investor sentiment and curbed risk
Industrial output growth in China,. . .
14/06 China's central bank said on
Friday it will increase the re-discount quota by 200 billion
yuan ($28.88 billion) and the standing lending facility quota by
100 billion yuan, marking its latest step to boost. . .
14/06 +China's crude oil throughput
in May rose from a year earlier but eased from a record reached
in April, government data showed on Friday, as refiners curbed
output amid weakening fuel demand.. . .
14/06 The Hong Kong stock market
fell for the third straight session on Friday and pared of some
its weekly gains, as China reported lacklustre industrial
** At the close of trade, the Hang. . .
14/06 China stocks ended weaker on
Friday, as investors kept a cautious stance ahead of data that
was released after market hours, while U.S. tariff threats
continued to weigh.
** At close, the Shanghai Composite index. . .
14/06 China's property investment
growth cooled in May and sales saw their biggest decline since
October 2017, suggesting the frothy housing market may not be
able to cushion the effects of a slumping manufacturing sector
and. . .
14/06 The world should take
up the challenge to boost the use of hydrogen as a potentially
emissions-free source of energy, the International Energy Agency
(IEA) said on Friday in its first major report on. . .
14/06 Daniel Loeb's activist hedge fund Third
Point LLC called on Sony Corp on Thursday to spin off
its semiconductor business and sell off stakes in Sony Financial
and other units, in order to position. . .
14/06 China stocks edged lower on
Friday as investors awaited cues for the country's industrial
output data due later in the day, amid prospects of an
escalation in the Sino-U.S. trade spat.
** At the midday. . .
14/06 Japan's Nikkei edged up on
Friday, with oil shares rallying after attacks on two oil
tankers in the Gulf of Oman stoked concerns of reduced crude
flows through one of the world's key shipping. . .
14/06 Maturing Chinese central bank reverse
bond repurchase agreements will drain 55 billion yuan ($7.95
billion) next week.
The People's Bank of China (PBOC) has drained 565 billion
yuan on a net. . .
14/06 Japan's Mitsubishi Aircraft
Corp rebranded its MRJ family jets to be called the "SpaceJet"
and unveiled a redesigned version of the smaller jet to help
improve its sales prospects in the large U.S. market.. . .
13/06 China's ministry of agriculture
said on Thursday a company which claimed a natural compound was
effective in preventing African swine fever did not have
government approval to research the virus and its assertions
were not. . .
13/06 Baticim, a unit of Turkish
conglomerate Bati Anadolu Group, is looking to sell a stake of
up to 75% in cement manufacturer Batisoke, according
to a source close to the process and a document. . .
13/06 International bonds issued by
Gulf Cooperation Council (GCC) states weakened on Thursday after
two tankers were hit in suspected attacks in the Gulf of Oman, a
month after a similar incident in which four. . .
13/06 India detected at least 22
violations of auditing standards by Deloitte Haskins & Sells and
a KPMG affiliate while investigating a fraud at a financial
company, leading it to seek a five-year ban on. . .
13/06 Israel's Finance Ministry
proposed some temporary fixes on Thursday to curb the country's
budget deficit, but said its hands are tied in taking stronger
action that is needed until a permanent government is in. . .
13/06 The Malaysian stock market hit a
two-week closing low on Thursday dragged by utility stocks, as a
U.S.-China standoff over terms of a trade deal dampened investor
sentiment, while hopes of further stimulus from. . .
13/06 Logistics real estate
developer ESR Cayman Ltd, backed by private-equity
firm Warburg Pincus, said it would postpone its up to $1.24
billion Hong Kong listing that would have been the largest in
the Asian hub. . .
13/06 Reliance Capital
said on Thursday the observations of global audit firm
PwC about its fiscal accounts were "completely baseless and
unjustified", after PwC in a surprise move resigned earlier this
week as the auditor of. . .
13/06 Indonesia's economic growth in
2019 is expected to be slower than a 5.3% target in the state
budget due to more sluggish global economic growth, lower trade
volume and low commodity prices, the finance. . .
13/06 Shares of Jet Airways
sunk over 23% to a record low on Thursday after India's
largest stock exchange said the carrier would soon no longer be
traded in the derivatives market, while day-trading in. . .
13/06 An oil tanker owned by Norway's
Frontline has been struck by a torpedo off the coast of
Fujairah in the United Arab Emirates, shipping newspaper
Tradewinds reported on Thursday, citing unnamed industry
sources.. . .
13/06 An ambitious plan to
transform the industrial towns of China's Pearl River Delta into
a modern economic zone powered by new technology ventures has
triggered a rush of cross-border property investments between
Hong Kong and. . .
13/06 A powerful cyclone that
threatened the western Indian state of Gujarat, has changed
course and it is now expected to just brush past the coast,
authorities said on Thursday, although ports and coastal
airports remained. . .
13/06 China on Thursday officially
launched Shanghai's Nasdaq-style tech board, with the country's
top securities regulator cautioning that the hotly-anticipated
STAR Market will face various challenges initially.. . .
12/06 Vodacom Group's local unit in the Democratic Republic of Congo has filed a lawsuit against the revocation of its 2G telecoms license, the country's telecommunications minister said on Wednesday.. . .
12/06 Twelve Turkish banks will
offer companies a total of 25 billion lira ($4.31 billion) as
part of a Treasury-backed loan package, the banking association
(TBB) said on Wednesday, in what would be Ankara's latest. . .
12/06 Shares in Reliance Capital Ltd
closed 6% lower on Wednesday after the non-banking
finance company (NBFC) said its auditor had resigned, sparking
worries about the financial health of another player in India's
troubled shadow banking. . .
12/06 Pakistani stocks rose
on Wednesday and the business community gave mixed reviews of
Prime Minister Imran Khan's first budget aimed at securing a $6
billion bailout from the International Monetary Fund (IMF).. . .
12/06 Rapidly rising nickel supplies
and slowing demand from stainless steel mills are weighing on
prices of the metal, which are likely to come under further
pressure this year as deficits disappear.. . .
12/06 India's retail inflation rate
hit a seven-month high in May due to higher food prices,
government data showed on Wednesday, but stayed below the
central bank's target and potentially gives it room for more
interest. . .
12/06 Indonesia's moratorium on new
forest clearing for palm plantations or logging operations,
which has been regularly extended since 2011, will become
permanent, the environment minister said on Wednesday.. . .
12/06 Most Southeast Asian stock markets fell
on Wednesday, with Vietnam taking the biggest hit, as fears of
slowing growth in China and dwindling hopes of progress in
Sino-U.S. trade talks dampened the trading sentiment.. . .
12/06 China reported the
worst-ever monthly sales drop in the world's largest vehicle
market on Wednesday, exacerbating concerns over the country's
economic slowdown and growing impact of an ongoing trade war
with the United States.. . .
12/06 India evacuated hundreds of
thousands of people to shelters along the coast in its western
state of Gujarat as a cyclone gathering intensity over the
Arabian Sea was expected to hit land on Thursday.. . .
12/06 Japan's Nikkei share average
fell on Wednesday, snapping a three-day winning streak,
as the tough stance taken by U.S. President Donald Trump in his
latest comments on trade negotiations with China fed worries of
a. . .
12/06 Japanese government bonds were
little changed on Wednesday, but super-long bonds gained
supported by strong demand from domestic investors ahead of an
upcoming auction of 30-year debt.. . .
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