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...