Markets

Bank Danamon plans offering 1.16bn rights shares

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...

Morgan Stanley and Huaxin launch JV

Morgan Stanley Huaxin Securities’ main thrust is underwriting CNY-denominated stocks and bonds for Chinese small-cap companies.

Stanchart kicks off Singapore online shares trading

The lender opens its doors to allow customers to settle their trades in 14 exchanges in 10 countries.

HSBC Malaysia to exclusively distribute Brazil equity fund

The fund was intended for investors seeking long-term capital growth on their investment to tap potentials of one of fastest growing economies.

Kim Eng Thailand targets bigger profits this year

The company is optimistic that Asia’s economic growth, while Asian currencies appreciate as against weakening US dollar will drive company’s earnings...

Taiwanese mortgagees among highest defaulters

Taiwan's higher loan-to-value loans had a higher gross default ratio of around 5%, while the one with lower LTV loans showed a better performance of...

China only needs US$1tn reserve?

Take it with a grain of salt. Many media reported that a PBoC advisor, XIA Bin, said China needs only "US$1tn reserves" and it will not rule out a...

Habitat for Humanity, Barclays to raise funds for the less fortunate

Habitat-Barclays Bare Your Sole 2011 will take place on Saturday, 18 June at Gardens by the Bay East, Tanjong Rhu.

Taiwan banks face risks from property downturn

The improving financials may be more cyclical than structural, said Fitch.

Japan quake hurts Japanese heavy equipment

Japan quake, tsunami, and nuclear crisis has negative implications on heavy-equipment manufacturers.

More deflation before inflation in Japan

Japan's devastating natural disaster will keep the economy mired in deflation in coming months.

Bain & Company Partner Seow-Chien Chew named World Economic Forum Young Global Leader

Seow-Chien Chew is recognized for her contribution in helping solve the talent management challenges facing many non-profit organizations across...

South East Asian Economies Must Scale Up for Growth

The South East Asian countries are on a journey from agriculture and industry to value-added services. To reach their destination, they are looking...