Search Results for: Hong Kong
IPO Wars: New York Stock Exchange Is Going Global
December 28th, 2015
Apparently, the world’s biggest stock exchange isn’t big enough. The New York Stock Exchange – the symbol of American capitalism that boasts a market cap of around $21 trillion – is ramping up efforts to attract more foreign ...
Asia stocks slip but Japan bucks trend on oil bounce; dollar wobbles
December 28th, 2015
Asian stocks dipped on Monday amid a lack of immediate directional cues in light year-end trade, although Japanese shares managed to rise following a rebound in crude oil prices from multiple-year lows. Investors across asset markets were without some ...
Asia equities gain; New Zealand hits record high
December 23rd, 2015
Asia stocks followed their Wall Street peers higher on Wednesday as investors cheered strong U.S. data, a pause in the greenback’s rally and higher oil prices. Markets in Japan were shut for the Emperor’s Birthday. The region is expected ...
Toshiba predicts record billions loss
December 21st, 2015
Troubled Japanese conglomerate Toshiba has said it will report a record 550bn yen ($4.5bn) annual loss and cut 6,800 jobs as it carries out a restructuring. The company, whose activities range from laptops to TVs to nuclear energy, is shedding ...
Asian Shares Mixed, Falling in Japan But Rising in China
December 21st, 2015
Japan faced worries over the future of quantitative easing, while Property and Brokerage shares surged in China Shares in Japan fell Monday amid worries that the central bank will be reluctant to expand its easing program in the coming ...
Asian markets trade mixed; Japan shares spike on BOJ
December 18th, 2015
Major markets in Asia were mixed on Friday after wavering between positive and negative territory as investors focused on economic data, central bank decisions and commodity prices. The Japanese market took a wild ride, erasing early losses and spiking ...
SFC reprimands and fines three JP Morgan entities a sum of $30 million for regulatory breaches
December 16th, 2015
The Securities and Futures Commission (SFC) has reprimanded J.P. Morgan Broking (Hong Kong) Limited (JPMBHK), J.P. Morgan Securities (Asia Pacific) Limited (JPMSAP) and J.P. Morgan Securities (Far East) Limited (JPMSFE) (collectively “JP Morgan”), and fined them $15 million, $12 ...
Asian stocks stabilize as oil prices try to recover
December 15th, 2015
Asian shares tried to stabilize early Tuesday as jitters about the high-yield bond market receded and oil prices recovered slightly, a reprieve from deep selling across the region a day earlier. Australia’s S&P/ASX 200 XJO, -0.39% was off 0.4% with a gauge ...
Alibaba agrees on $266 million acquisition deal with South China Morning Post
December 14th, 2015
Alibaba Group Holding Ltd (BABA.N) has agreed on a $266 million deal to acquire the South China Morning Post and other media assets of SCMP Group Ltd (0583.HK), a deal that has raised a question over the outlook for ...
Asian stocks trade lower, China bucks trend
December 14th, 2015
Asian equities traded mostly lower on Monday, as investors remain focused on the mid-week decision from the U.S. Federal Reserve. The Chinese market bucked trends and traded up, boosted by upticks in shares of brokerages and banks. Kathy Matsui, managing ...
