FT.com - Asia Pacific Equities Market Data
FT.com - Asia Pacific Equities Market Data


Shanghai soars on hopes of stimulus plan
Shanghai equities made their biggest daily gain in four months as optimism rose that the Chinese authorities would implement a stimulus plan to help the economy and support capital and property markets

Seoul to simplify rules on flotations
South Korea said it would revise rules governing initial public offerings in the lastest move by Seoul to boost stock market activity

Babcock board in question as shares plummet
Babcock & Brown, the embattled Australian investment group, is reviewing the future of its board and management in the wake of a fresh plunge in its share price

Qantas finance chief resigns
Qantas said Peter Gregg, its chief financial officer, would step down after he missed out on the top job at Australia's national carrier. Alan Joyce, head of no-frills subsidiary Jetstar, has been tapped to replace Geoff Dixon later this year

Ping An might shift fundraising to HK
Ping An Insurance, China's second-largest insurer, is considering raising money in Hong Kong after plummeting Chinese share prices and government disapproval postponed the company's earlier plan to sell stock and convertible bonds worth more than $20bn

Strong debut for China South Loco
China South Loco made one of this year's most successful debuts on the Shanghai market with its shares up as much as 83%, despite the broader market falling to a 19-month low

Japan's service sector shows signs of strain
The end of Japan's first-quarter earnings has left non-manufacturing companies more pessimistic about the outlook for this fiscal year, contributing to the Topix index's 10 per cent decline since the beginning of June

Origin in talks to counter BG offer
Australia's Origin Energy has renewed its rejection of a hostile A$13.8bn takeover bid from Britain's BG Group and says it has a shortlist of partners with whom it is discussing tie-up options as an alternative

TSE to quiz Urban on swap deal
The Tokyo Stock Exchange is looking into a convertible bond issued by Urban, the Japanese property developer that collapsed last week with $2.3bn in debts, and underwritten by BNP Paribas, after it emerged that material details had not been disclosed to investors

GEEC to fund well expansion through IPO
Great Eastern Energy Corporation, a producer of coal bed methane in India, is planning an initial public offering in the subcontinent, which has the fourth largest proved reserves of coal in the world

Newsfeed display by CaRP

Return to News Feeds Home Page
My Sites