Markets
Central Huijin buys China’s Big 4 stocks
The sovereign wealth fund’s support for state-owned banks spurred HKSE rally.
Central Huijin buys China’s Big 4 stocks
The sovereign wealth fund’s support for state-owned banks spurred HKSE rally.
Woori Investment & Securities targets $510.3mn from rights issue
The company eyes selling 66.74mn new common shares at $7.70 each.
Vietnam allows banks to resume offshore gold trading
Five lenders will sell six tonnes of gold to help narrow the gap between domestic and international prices.
Three steps to winning the confidence game in Asia
Only 17 percent of Asian consumers expressed confidence in financial providers in Q2 based on the Corporate Executive Board’s (CEB) quarterly poll of...
Give the currency market some thought
You are probably exposed to it already even if you did not invest in it intentionally. From holding on to some Singaporean dollar for that weekend...
Chinese banks ditched by wary investors at signs of credit bust
The cheapest Chinese bank stocks may plunge further as the credit boom is showing signs of turning into a bust.
Banks worldwide set their sights on Asia
As it is predicted to become the dominant center for global trade flows over the next 12 months.
BIDV preparing IPO for Q4
BIDV chairman Tran Bac Ha revealed that his bank is preparing for an initial public offering in the fourth quarter of this year.
Moody’s says outlook for Vietnamese banks remain negative
It is concerned that the profitability and capital buffers of the banks will fall.
Chinese banks’ net profits surge 29% to an amazing $64.1b in 1H11
The Big-Four banks also disclosed that they made a total provision of $14.4b as of end 1H11.
Analysts see slower second half for Malaysian banks
Banking analysts are expecting a slower second half for Malysian banks based on the souring global economic outlook and the banking data released in...
TPG Capital to acquire 30% stake in Saxo Bank
It also has the option to increase its stake to 40%.
Bank Danamon plans offering 1.16bn rights shares
The rights issue’s proceeds targeted to increase lending in small-to-middle sized businesses and the automotive sector.
Bank Mutiara attracts 3 investors
Three investors have officially expressed interest in purchasing the Bank Mutiara.
Price disagreement prompts IDB to postpone selling Muamalat shares
The Islamic Development Bank officially informed Bank Indonesia of its postponement in selling its shares of PT Bank Muamalat Tbk.
AgBank and Wuxi govt release $2.3bn PE fund
The lender and its local rivals take part in global rush to set up China-focused PE funds.
Bank of Chengdu targets IPO on Shanghai Exchange
Should the listing push through it will break a three-year IPO hiatus by the nation's city commercial banks, which operate under regional rather than...
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