Equities

Keppel Land shares up

Singapore property company buoyed by takeover

SINGAPORE -- Shares in Keppel Land are trading higher here Friday, after the Singaporean property developer announced the previous day it will acquire a 75% stake in Array Real Estate, the subsidiary of a Hong Kong-based developer and manager of shop...

  • Weak debut for gumi

    Smartphone game developers fail to excite investors

    TOKYO -- Japan's smartphone game developers are losing steam these days, with Thursday's highly anticipated initial public offering of gumi turning out to be a disappointment. Tokyo shares rallied that day, with the Nikkei Stock Average soaring 3...

  • Indian equities

    Key bill advances, and so do shares

    SINGAPORE -- India's benchmark Sensex stock index rose for the first time in six sessions Thursday as a correction following its rise to a record high late last month seemed to have run its course. With little time until the current parliamentary...

  • Indonesia uptick

    Rupiah and stocks rally on Fed cautiousness

    JAKARTA -- Indonesia's currency and stock market recovered some ground on Thursday after the U.S. Federal Reserve said it would be cautious about increasing interest rates. The rupiah strengthened by more than 1% to around 12,550 on the U.S. doll...

  • Interworks IPO

    Job site specialist focuses on niche markets

    TOKYO -- Interworks, a Japanese operator of job search websites, will go public on the Tokyo Stock Exchange's Mothers market for high-growth and emerging stocks on Dec. 22. The company's main line of business is selling classified advertisements ...

  • Indonesian equities

    Turbulent world intrudes on Widodo's honeymoon

    JAKARTA -- A plunge in the rupiah rattled Indonesia this week, but the country's main stock index has held up relatively well. The Jakarta Composite Index edged up 0.19% Wednesday to close at 5,035.65. On Monday, when the rupiah tumbled roughly 2...

  • SGX forging regional links

    Singapore bourse out to cement Asian trading hub status

    SINGAPORE -- Singapore Exchange is already home to Southeast Asia's largest equity and futures markets, but it has even loftier aspirations: SGX dreams of becoming a true pan-Asian bourse where investors can trade shares from markets across the regio...

  • Stock market worries

    US, Japan central banks may stem investor jitters

    TOKYO -- Spooked by tumbling oil prices, investors the world over are taking money out of international commodities, corporate bonds and now stocks. "Everyone is trying to squeeze through a very small door," iconic bond investor Bill Gross of Jan...

  • Southeast Asian bourses

    Regional stock markets sliding on oil

    KUALA LUMPUR/JAKARTA -- Stock markets in Southeast Asia took a battering on Tuesday as weakening currencies and falling oil prices triggered a global sell-off of risky assets in emerging markets. The Russian rouble collapsed to a record low of 80...

  • Hong Kong stocks

    Mainland-based issues help limit Tuesday plunge

    HONG KONG -- Stocks in Hong Kong fell Tuesday to a seven-month low amid a sell-off across Asia, but shares of mainland companies traded here saw a much smaller retreat thanks to their relative immunity to external factors. The benchmark Hang Seng...

  • Thai stock market

    Central bank governor: No worries on falling stocks, rising household debt

    BANGKOK -- Despite an intraday loss of nearly 10% the previous day, the Bank of Thailand governor said on Tuesday that he was not worried about the country's stock market and sees that the situation as now back to "normal." The benchmark Stock Ex...

  • Japanese electricity retailer to list

    IPO Profile: eRex to ramp up business with biomass power plants

    TOKYO -- eRex, a Japanese retailer and low-key generator of electricity, will debut on the Tokyo Stock Exchange's Mothers market for high-growth and emerging stocks on Dec. 22. The company buys excess electricity generated by power utilities and ...

  • Asian shares slump as China data shows factory sector contraction

    TOKYO (Reuters) - Sliding oil prices and a downbeat China factory survey weighed on Asian shares on Tuesday, while the ruble rebounded against the dollar after Russia sharply increased its benchmark interest rate in a bid to halt a collapse in its cu...

  • Tokyo bourse

    TSE to skip smaller-cap stocks when cutting tick sizes

    TOKYO -- The Tokyo Stock Exchange has opted not to introduce narrower price increments for small- and midsize-capitalization stocks, having done the same for blue chips earlier this year. In the bourse's two-phase pilot program, tick sizes for co...

  • Shanghai stocks

    Tighter margin trading controls weigh Chinese market down

    SHANGHAI -- Chinese stocks are edging back up from a plunge last week but have yet to make a full recovery, as authorities crack down on margin trading, one of the main drivers of the market here. The Shanghai Composite Index ended up 0.5% at 2,9...

  • Corporate Japan's capital policy

    Share buybacks by major companies grow

    TOKYO -- Japan's listed companies have expanded their share buyback programs. The buybacks average 9 billion yen ($75 million) per company in 2014 in terms of purchase caps, up 80% from the previous year and topping the record high set in 2006....

  • Japanese election

    Market watchers expect more of the same from equities, yen

    TOKYO -- Japanese-market watchers are predicting that the ruling bloc's electoral triumph Sunday will bolster share prices and keep the yen weak. Prime Minister Shinzo Abe's Liberal Democratic Party and coalition partner Komeito were on track to ...

  • The oil sell-off continues

    Global equity markets get jitters

    TOKYO -- The drop in crude oil prices is unsettling stock markets around the world, not only because of its speed but also because of the difficulty of judging how good or bad it is for the global economy. Even veteran money managers are scratchi...

  • Falling crude weighing on PTT

    Oil giant pushes Thai stocks fall for fourth straight session

    BANGKOK -- Stock prices in Thailand fell for a fourth straight session Friday as plummeting oil prices worldwide weighed on state-owned energy conglomerate PTT. The Stock Exchange of Thailand's composite index ended down 0.8% at 1,514.95, mainly ...

  • Japanese market

    Stocks rocked by speculator exodus, weak yen

    TOKYO -- As swings in Chinese shares and tumbling oil prices send shock waves through investors around the globe, speculators are also closing long positions in Japanese equities, fueling a market downturn. The benchmark Nikkei Stock Average lost...