Singapore is poised to become the Asian centre for synthetic exchange-traded funds, stealing the spotlight from Hong Kong as regulators there become increasingly stringent, according to a report by advisory firm Celent. The report, published Thursday, highlighted the changing regulatory landscape in Hong Kong and said tougher rules governing synthetic funds in Asia could stunt continued ETF growth in the …
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TOKYO, Feb. 20 (Xinhua) — Nikkei rose sharply high early Monday, hitting a 6.5-month high above 9,500. The market was lifted by the optimistic expectation for export on weaker yen. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 154.36 points, or 1.64 percent, from Friday to 9,538. 53, trading at its highest intraday level since …
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Asian markets are mostly trading notably higher on Monday with investors picking up stocks following a rate cut by the Chinese central bank and on easing worries about the eurozone economy amid hopes of a solution to Greece’s debt woes. Though some of the markets are off their highs with a section of investors taking some profits, the mood remains …
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BANGKOK, Thailand (AP) — Asian stock markets climbed Monday after China moved to boost its economy by freeing up bank lending and hopes grew that Greece will clinch the aid its needs to avoid bankruptcy. Oil prices jumped to a nine-month high near $105 a barrel after Iran said it halted crude exports to Britain and France in an escalation …
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Extending the gaining streak for the seventh week in a row, the BSE benchmark Sensex gained nearly 541 points to end the week at over six-month high of 18,289.35 on hopes of cut in key policy rates by RBI after fall in overall inflation coupled with furious capital inflows. On the global front, the European Central Bank (ECB) and European officials …
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Feb. 16 (Bloomberg) — The following companies may have unusual price changes in Asian trading tomorrow. Stock symbols are in parentheses, and share prices are as of the latest close. The information in each item was released after markets shut unless stated otherwise. Bridgestone Corp. (5108 JT): The world’s biggest tiremaker by market value expects net income to surge 63 …
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