May 17, 2012 -- Updated February 26, 2012 14:19 HKT
Japan
ASEAN News: Asia Currency Update, Baht, Ringgit, Peso, Singapore Dollar, Rupiah
The Bloomberg-JPMorgan Asia Dollar Index (ADXY), which tracks the region’s 10 most-active currencies excluding the yen, climbed 1.5 percent this quarter, the biggest gain since December 2010. The MSCI Asia-Pacific Index (MXAP) of shares rose 11 percent. The depreciation of Asian currencies also could be a policy move in response to slackening of growth globally. [...]
Iron Ore Expansion for Marubeni Corp TYO:8002 and POSCO NYSE:PKX
Marubeni Corp TYO:8002, POSCO NYSE:PKX and STX KOR:011810 Hancock Prospecting chairperson Gina Rinehart will sell a 30 per cent piece of Hancock Prospecting’s Roy Hill iron ore project for $3.2 billion. The move and the big name partners will easily see the balance of the funding as a debt financing. Under agreements to purchase Merubeni [...]
Why Hedge Funds and Banks Should Move to Asia
Financial Institutions around the world and especially those in Europe and the USA face a crucial set of choices about the future of their institutions. Western Governments are riddled with debt and their only way out is decades of austerity and taxes, but the new world is a mobile world, globalization has set limits on [...]
ASEAN +3 and 2015, The Worlds Largest Trade Bloc
ASEAN +3 is the Association of Southeast Asian Nations (ASEAN), the People’s Republic of China (including Hong Kong), Japan, and South Korea. Home to 600 million people, ASEAN has a combined gross domestic product (GDP) of US$1.8 trillion with total trade valued at $2 trillion among the countries. ASEAN is set to explode as an [...]
M&A in Emerging Markets Outlook 2012
Global volumes of announced M&A deals dropped to USD 416 billion in the first quarter of 2012 from USD 737 billion a year ago, according to preliminary Thomson Reuters data, as the euro zone’s debt crisis and concerns over economic growth around the world took their toll. JPMorgan Chase & Co rose to the top [...]
Asia News and Press Release Service
Asia News Wire and Press Release Service Asia is a fast growing and significant part of the global community that many News and Press Release services fail to reach, Kris Newswire reaches them every time. Kris Newswire, is the Asia-Pacific leader in news and press release distribution. Public relations and investor relations professionals rely on [...]
ASEAN Stocks to Open Lower
A warning about China’s growth sparked selling in energy and industrial shares on Tuesday, but the broad market’s losses were contained, a sign of resilience for US stocks. The steady drumbeat of calls for a correction has not abated since the S&P 500 hit its highest level in nearly four years. Signs of a slowdown [...]
Asian Market Outlook BHP, RIO and BUMI
Shayne Heffernan best buys in Asia today are BHP, RIO and BUMI, all 3 are expected to trade lower during the session in Asia. Asia markets are expected to give back some of yesterday’s gains in early trade after US markets were subdued as investors reduced bets on further monetary easing. Commodities have posted losses [...]
M&A Asia: Asia Newswire Service Acquired by Private Equity
A consortium of Asian investors led by Singapore financier Shayne Heffernan has acquired 2 small start ups that will be combined to form the Asia Newswire Service. Starting today, the public is invited to submit news to the Asia Newswire Service. Singapore-based Asia Newswire disseminates English press releases from corporations and government to the global [...]
USD/JPY to Fall This Week
Japanese authorities will continue to respond to excess volatility in currencies signaling readiness to intervene if speculators push up the yen too high again to deal a blow to the export-reliant economy. A senior Japanese Finance Ministry official said the upward pressure on the yen was easing and he saw nothing strange in the currency’s [...]
Investor Services
Most private-equity and hedge funds typically take 20 percent of investment gains as carried interest, on top of 2 percent of assets as a management fee to …
US President Barack Obama’s bank of choice, JP Morgan Chase (NYSE:JPM)
JPMorgan Chase & Co. according to US President Obama, despite the bank’s recent $2-B trading, is …
The Hot List
Sky Power Solutions Corp (OTC:SPOW), INDOCAN RESOURCES INC (PINK:IDCN), JP Morgan Chase (NYSE:JPM)
Sky Power Solutions Corp (OTC:SPOW)
Looks way oversold this morning, there has been what appears to …























