Markets
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.
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...
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.
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