SINGAPORE—Asian stock markets were higher Thursday amid growing optimism that Greece’s debt swap would prove successful, while Japanese exporter stocks benefited from a weaker yen, which fell after Japan posted a record current account deficit. As Thursday’s deadline approached, investors were cautiously optimistic that improving participation in a key debt swap for Greece, needed to keep the debt-laden nation from …
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Swire and Sun Hung Kai tap market for close to $1 billion
Swire Pacific, Sun Hung Kai Properties and DBS rush to issue as Greek rescue package buoys credit markets. It was another hectic day in Asia’s debt markets yesterday as the news of a second rescue package for Greece helped boost credit markets. While Greece is far from being out of the woods — and bondholders have agreed to take a …
Read More »Elston Says Europe Debt Crisis Threat to Asia Markets
Feb. 8 (Bloomberg) — Peter Elston, head of Asia Pacific strategy and asset allocation at Aberdeen Asset Management in Singapore, talks about the impact of Europe’s sovereign debt crisis on Asia’s financial markets. Elston also discusses Federal Reserve monetary policy. He speaks with Susan Li on Bloomberg Television’s “First Up.” (Source: Bloomberg)
Read More »Apabhai Favors Asia Financial, Material, IT Stocks
Feb. 10 (Bloomberg) — Mohammed Apabhai, head of Asia trading strategy at Citigroup Inc., talks about his investment strategy. He also discusses China’s economy and Europe’s sovereign debt crisis. He speaks with John Dawson, Susan Li, Zeb Eckert and David Ingles on Bloomberg Television’s “Asia Edge.” (Source: Bloomberg)
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