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  • Japan, S.Korea financial chiefs resume talks amid diplomatic row

    South Korean deputy Prime Minister and Strategy and Finance Minister Choi Kyung-Hwan (R) is welcomed by his Japanese counterpart Taro Aso during a S.Korea-Japan finance ministers' dialogue meeting in Tokyo, ...

  • Net Asset Value(s) Business Wire - 19 hours ago

    LONDON--(BUSINESSWIRE)-- FUND   ¦ db x-trackers MSCI EM Asia Index UCITS ETF DEALING DATE ¦ 21-May-15 NAV PER SHARE ¦ USD44.3822 NUMBER OF SHARES IN ISSUE ¦ 20,740,583 CODE ¦ View source version on businesswire.com: ...

  • U.S. bank Citigroup Inc (NYSE: C - news) failed on Friday in a bid to win an order from a London court that would force trade house Mercuria to pay about $270 million in potential losses for metals financing deals in China hit by suspected fraud. The complex case is one of a web of legal actions filed in the wake of …

  • World shares neared record highs and bond yields fell on Friday, as investors shrugged off slowing global growth and focused instead on the continued stimulus provided by the world's major central banks. U.S. futures pointed to a slightly positive open on Wall Street, after the S&P 500 hit an all-time high on Thursday. …

  • Asia stocks rally, early US rate hike unlikely

    Asian markets mostly rise following a record close on Wall Street as a US interest rate hike in the near future looks unlikely

  • Asian shares rose on Friday taking their cue from Wall Street, where the S&P 500 closed at a record high overnight as disappointing US data pushed back expectations for a Federal Reserve rate hike.

  • Stock markets in China and Japan surged higher on Friday

  • The former boss of PT Berau, a subsidiary of London-listed Asia Resource Minerals, has locked the CFO and other executives out of the head office

  • Bank of Japan holds fire on stimulus after upbeat GDP data

    Governor of the Bank of Japan (BoJ) Haruhiko Kuroda says the economy has been steadily improving

  • Baring Private Equity Asia to buy majority stake in Vistra Group Reuters - UK Focus - Fri, May 22, 2015 10:59 BST

    Vistra Group, a trust and custodial services provider, said Hong Kong-based Baring Private Equity Asia will acquire a majority stake in the company. The group's majority shareholder, IK Investment Partners, ...

  • HSBC confirms may sell Brazil unit after suitors show interest Reuters - UK Focus - Fri, May 22, 2015 10:46 BST

    HONG KONG/LONDON, May 22 (Reuters) - HSBC Holdings Plc (Xetra: HBC2.DE - news) is exploring the sale of its Brazilian unit after interest in the business stepped up and Santander's Brazilian arm said it would consider a purchase. HSBC said on Friday it was "exploring various strategic options" including a sale of its …

  • TAIPEI & SINGAPORE--(BUSINESSWIRE)-- Northern Trust (Nasdaq: NTRS) and Bank of Taiwan today announce they have entered into a strategic collaboration to offer institutional investors in Taiwan access to ...

  • WPP's Always buys Singapore marketing company 3ree Sharecast - Fri, May 22, 2015 10:05 BST

    WPP's China-based marketing company Always Marketing Services has agreed to buy Singapore's 3ree, the advertising group announced on Friday.

  • Japan Holds Fire On Further Fiscal Stimulus Sky News - Fri, May 22, 2015 09:44 BST
    Japan Holds Fire On Further Fiscal Stimulus

    The Bank of Japan has decided not to introduce more fiscal stimulus, days after the country showed improved first quarter GDP growth. On Wednesday the government released figures showing Japan's economy, which sank into a brief recession last year, expanded by a better-than-expected 0.6% from the previous quarter. Japan’s …

  • COLUMN-As LME looks east, CME throws down challenge in west: Andy Home Reuters - UK Focus - Fri, May 22, 2015 09:30 BST

    The London Metal Exchange (LME) Asia festivities have just wrapped up in Hong Kong. It is the third such annual event since the LME was bought by Hong Kong Exchanges and Clearing (HKEx (HKSE: 0388-OL.HK - news) ) in 2012 and each year, it seems, the Asian gathering of the metals industry gets larger. The grand old London …

  • China margin trading balance balloons to record high

    The Shanghai market is up more than 40 percent so far this year, while Shenzhen has surged 91.7 percent

  • FOREX -Dollar surge cools, eyes on Yellen, inflation Reuters - UK Focus - Fri, May 22, 2015 08:50 BST

    The yen was up around a quarter of a percent on the day as Bank of Japan Governor Haruhiko Kuroda spoke following a BOJ meeting that gave a slightly more upbeat view of the economy. "The speech later today by (Federal Reserve President) Janet Yellen might be interesting. The dollar index is up 2 percent on the week, putting …

  • China-backed infrastructure bank operational by end-2015: statement

    Japan and the United States were the biggest standouts earlier this year when Beijing began courting members for the AIIB

  • Goldin stocks rise after Hong Kong collapse AFP - Fri, May 22, 2015 08:41 BST
    Goldin stocks rise after Hong Kong collapse

    A filing made by Goldin Properties to the Hong Kong stock exchange late Thursday said Chinese billionaire owner Pan Sutong was considering privatising the company

  • HSBC confirms it is exploring sale of Brazil unit Reuters - UK Focus - Fri, May 22, 2015 06:11 BST

    HSBC Holdings Plc is exploring the sale of its Brazilian unit, the UK-based lender said in a stock exchange filing in Hong Kong on Friday. Reuters reported on May 13 that HSBC would select a preferred ...

  • FOREX -Dollar eases after U.S. data disappoints, awaits Yellen Reuters - UK Focus - Fri, May 22, 2015 05:22 BST

    SINGAPORE/TOKYO, May 22 (Reuters) - The dollar edged lower versus a basket of major currencies on Friday in the wake of unimpressive U.S. economic data, with investors awaiting speeches by major central bankers. The dollar index slipped 0.2 percent to 95.117, having backed off from Wednesday's peak of 95.837, its highest …

  • Asia stocks mostly up, early US rate hike unlikely AFP - Fri, May 22, 2015 03:37 BST
    Asia stocks rally, early US rate hike unlikely

    Asian markets mostly rise following a record close on Wall Street as the likelihood of a US interest rate hike in the near term dwindles

  • 5 Things to Know About China's Rising Redback The Wall Street Journal - Fri, May 22, 2015 03:32 BST

    The International Monetary Fund will hold an informal board meeting this month to discuss potential changes to its Special Drawing Rights reserve-currency basket, with a formal decision set for later this year. IMF Managing Director Christine Lagarde recently said it is a question of when, not if, China’s yuan will be added. …

  • FOREX-Dollar nurses losses after U.S. data disappoints Reuters - UK Focus - Fri, May 22, 2015 01:19 BST

    SYDNEY/TOKYO, May 22 (Reuters) - The dollar nursed modest losses early on Friday, after snapping three days of gains as unimpressive data prompted light profit-taking ahead of speeches by major central bankers and holidays in Britain and the United (Shenzhen: 000925.SZ - news) States. The dollar index last traded at 95.380, …

  • HP sells stake in China unit for $2.3 billion AFP - Thu, May 21, 2015 22:14 BST
    HP sells stake in China unit for $2.3 billion

    HP says it will sell a 51 percent stake in its China-based server business for $2.3 billion

  • Fast-track trade bill clears US Senate hurdle AFP - Thu, May 21, 2015 21:30 BST
    Fast-track trade bill clears US Senate hurdle

    The US Senate advanced legislation to give President Barack Obama fast-track authority to forge a huge Asia-Pacific trade accord, after lawmakers struck a deal on a vote re-authorizing the Export-Import ...

  • First copper from Congo-China deal due by year end - government Reuters - UK Focus - Thu, May 21, 2015 20:28 BST

    A joint venture between Democratic Republic of Congo's state miner and two Chinese companies, signed under a 2009 "minerals for infrastructure" deal, will begin producing copper before the end of 2015, Congo's government said on Thursday. Under the deal Chinese companies pledged to build $3 billion worth of roads, railways, …

  • Second Hong Kong-listed company sees its shares plummet, as it emerges it had links with Hanergy Thin Film Power Group, whose stock dropped on Wednesday

  • Engineering work advances on Colombia's Fenoco coal railway Reuters - UK Focus - Thu, May 21, 2015 19:45 BST

    Engineering work to enable Colombia's Fenoco coal railway to resume overnight operation has been progressing after protestors had interrupted it in late April, a local government authority said on Thursday. The Constitutional Court halted the line's overnight use in February after residents of one town complained about …

  • Top EU companies urge drastic cuts in greenhouse gas emissions Reuters - UK Focus - Thu, May 21, 2015 18:11 BST

    Top European companies urged governments on Thursday to set a goal of slashing greenhouse gas emissions to net zero well before 2100, saying that going green can bring profits rather than costs. Business leaders from global and European alliances of companies including Unilever (NYSE: UL - news) , Total (Swiss: FP.SW …

  • FTSE ends near record highs, commodity shares up Reuters - UK Focus - Thu, May 21, 2015 17:17 BST

    Britain's top share index ended a shade up, just below last month's record highs, on Thursday, with energy stocks tracking a rally in oil prices and miners banking on China further stimulating its economy. ...

  • FTSE holds firm near record highs, commodity shares up Reuters - UK Focus - Thu, May 21, 2015 15:50 BST

    Britain's top share index hovered just below last month's record highs on Thursday, with expectations China will launch further stimulus to support its economy helping miners and energy stocks tracking ...

  • European stocks fall, pound boosted AFP - Thu, May 21, 2015 15:31 BST
    US stocks dip as Yellen reaffirms 2015 rate hike

    European stocks fell Thursday, taking their lead from Asia and Wall Street

  • HP sells stake in China unit for $2.3 bn AFP - Thu, May 21, 2015 14:46 BST
    HP sells stake in China unit for $2.3 billion

    HP says it will sell a 51 percent stake in its China-based server business for $2.3 billion

  • FTSE holds firm to hover near record highs, miners up Reuters - UK Focus - Thu, May 21, 2015 12:25 BST

    Britain's top share index hovered just below last month's record highs on Thursday as miners gained ground on expectations that China, the world's largest metals consumer, will launch more stimulus measures ...

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