Equities

New opening for share buyers

China, Hong Kong agree on cross-sale of funds

BANGKOK -- The securities regulators of mainland China and Hong Kong have agreed to allow the cross-border sale of investment funds registered in each market starting from July 1. The long-awaited agreement, announced on Friday, is expected to add ...

  • Nicholas Spiro

    Reprieve for Malaysia as India, Indonesia disappoint

    Investor sentiment towards emerging Asia's economies is in flux and nothing reflects that more acutely than the changing fortunes of Malaysia. In the second half of last year, the region's sole net oil exporter was distinctly out of favour with i...

  • Market Scramble

    Makeovers lifting Japanese electronics giants

    TOKYO -- Many of Japan's biggest electric machinery producers are shining at long last, with investors applauding their business transformations and improved earnings. The Nikkei subindex for electric machinery makers rose at one point Thursday t...

  • Asset management business

    Japanese investors turning to independent financial planners

    TOKYO -- Time was, Japanese trying to build a nest egg would take to their local bank or stock broker for advice. While many investors still take the conventional route, more are seeking out asset management services from independent financial planne...

  • Chinese stocks

    Margin trading takeoff bringing risks, rewards

    SHANGHAI -- Margin trading has ballooned in China, driving a strong rally in Shanghai stocks but heightening the risk of sharp price swings and market instability. The benchmark Shanghai Composite Index closed higher again Wednesday, reaching the...

  • Hanergy Thin Film Power

    Shares of Chinese solar cell producer plunge 47%

    HONG KONG -- Shares of Hanergy Thin Film Power Group, a Chinese solar cell manufacturer, lost almost half their value in trading on the Hong Kong Stock Exchange on Wednesday. Trading was suspended after a little over an hour, upon request by th...

  • Chinese equities

    Shenzhen rally highlights growing role of small stocks

    HONG KONG -- The Shenzhen Stock Exchange has gained momentum lately, with its startup index setting new highs, in contrast to the larger and more top-heavy Shanghai Stock Exchange. The number of issues making up the Shenzhen Stock Exchange Compon...

  • Risk-on again

    Rates, earnings drawing Japan investors back to stocks

    TOKYO/LONDON -- Money has started flowing back into stocks and other risky assets in Japan as concerns over spikes in U.S. and European long-term interest rates fade for now and strong corporate earnings reassure investors. The Nikkei Stock Avera...

  • China stocks

    Shanghai International Airport gains on foreign confidence

    HONG KONG -- Shares of Shanghai International Airport soared 3.9% at one point Tuesday, after buy orders through the Hong Kong-Shanghai stock link were suspended in light of surging foreign ownership. The stock peaked at 28.88 yuan ($4.65) in the...

  • Japan Inc.

    Corporate leaders get friendly with investors

    TOKYO -- Japan Inc. may be showing signs of rejuvenated capital with the Nikkei Stock Average topping 20,000 points for the first time in 15 years, however more corporate reforms are necessary to make the strength of stocks sustainable. Some comp...

  • US stocks

    Dow, S&P hit record highs as rate-hike worries fade

    The Dow Jones industrial average and S&P 500 hit record highs on Monday, helped by a rally in Apple as well as weak economic data suggesting the Federal Reserve may wait to raise interest rates.The Dow touched an intraday high of 18,311.09, surpassin...

  • Stock or bond

    Toyota's new 5-year hybrid seen shaking things up

    TOKYO -- The new kind of stock Toyota Motor is looking to issue may be a harbinger of the revolution to come in corporate financing. The Model AA Class shares, formulated in collaboration with Nomura Securities, confer voting rights but in many o...

  • Market Scramble

    Japan investors need keen eye as stocks' overall rise stalls out

    TOKYO -- While Japan's stock market is stuck in a holding pattern, investors are growing more selective about their picks, with hedge funds using long-short strategies now free to offload overpriced shares. The Nikkei Stock Average has been tread...

  • Beginners entering market

    China investors snap up stock investment trusts

    HONG KONG -- Sales of investment trusts that invest in stocks of mainland Chinese companies are surging as the Shanghai Composite Index rises to nearly a seven-year high and the ChiNext and other indexes hit record highs on the Shenzhen market. Amid ...

  • Japanese shift from savings

    Investment trust balance likely hit 100 trillion yen

    TOKYO -- The balance of investment trusts in Japan will likely exceed 100 trillion yen ($837 billion) in the near future, helped by higher investment returns from soaring stock prices, a weak yen and a steady flow of individuals' money, an industry o...

  • Indonesian equities

    Cautious investors turning to resource sector

    JAKARTA -- Indonesian stocks ended lower Friday as investors came back from a holiday but stayed more or less on the sidelines. The Jakarta composite index edged down 0.36% to close at 5,227.10. It lost 5% from the record high marked April 7. Ind...

  • Malaysia stocks

    El Nino giving market a lift

    SINGAPORE -- Malaysia's key stock index firmed up Thursday as investors snapped up palm-oil-related shares, which they expect will benefit from the El Nino weather phenomenon. The Japan Meteorological Agency said this week that El Nino conditions...

  • China's state-run corporations

    Push to consolidate shipping, construction sectors gains traction

    SHANGHAI -- The Chinese government is expected to start consolidating state-owned companies in the shipping and construction industries as part of efforts to promote President Xi Jinping's Eurasian infrastructure initiative. Consolidation in thes...

  • Chinese stocks

    State-owned infrastructure builders looking overheated

    SHANGHAI -- Shares in China Railway Group jumped Wednesday on word it had won a 20 billion ruble ($406 million) order to build a rail link between Moscow and the Russian city of Kazan. The Shanghai-listed stock briefly went up more than 7% on the ...

  • Hong Kong stocks

    Hang Seng Bank rises on Industrial share sale

    HONG KONG -- Hang Seng Bank's stock price reached a year-to-date high Wednesday, rising 2.9% to 155.80 Hong Kong dollars ($20.09), as investors welcomed its decision to sell most of its stake in a mainland-based lender. Hang Seng said Tuesday it ...