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ADB says Asia will be first to rise out of global recession - Channel NewsAsia
MANILA - Asia's recession appears to have touched bottom and the region is likely to be the first to climb out of the global economic slowdown, the Asian Development Bank's chief economist said Thursday. However, ADB's Lee Jong-Wha said it would be ...
Posted Date: Thu, 02 Jul 2009 15:44:00 GMT

ANZ to share in RBS Asia assets - News.com.au
ANZ and British bank Standard Chartered are set to divide up the Asian assets of embattled Royal Bank of Scotland, it was reported today. Standard, which focuses on emerging markets, and ANZ have been granted preferred bidder status for RBS's Asian ...
Posted Date: Thu, 02 Jul 2009 22:11:00 GMT

RBS announces a string of equity appointments - Finance Asia
While the Royal Bank of Scotland (RBS) is actively trying to find a buyer for its retail and commercial assets in Asia, the Scottish bank is also making appointments in the region. Yesterday it announced six appointments to its Asian equities team ...
Posted Date: Thu, 02 Jul 2009 21:56:00 GMT

Standard Chartered Bank acquires advisory firm - Vanguard
Standard Chartered   has announced its full acquisition of the remaining shareholding in First Africa Group Holdings Limited (“First Africa”), a Leading pan-African Mergers & Acquisitions (“M&A”) advisory firm. Regional CEO of Africa , Mike ...
Posted Date: Thu, 02 Jul 2009 17:17:00 GMT

Asian stock markets struggle ahead of US data - Daily Times
HONG KONG: Asian markets were mixed Thursday as investors sought firm signals ahead of key US jobs data, while another strong performance in Shanghai raised fears its rally will run out of steam. Shanghai closed up 1.73 percent, closing at its ...
Posted Date: Thu, 02 Jul 2009 22:18:00 GMT

ADB sees Asia's 2009 growth weighed down by Europe - Forbes
MANILA, July 2 (Reuters) - The Asian Development Bank sees economic growth in developing Asia this year being weighed down by recession in Europe but is maintaining a projection of 3.4 percent average growth for now, its chief economist said on ...
Posted Date: Thu, 02 Jul 2009 09:53:00 GMT

Wells Fargo to help fund research into Asian American business ... - Dallas Morning News
Wells Fargo & Co. on Thursday said it will invest $208,000 in the US Pan Asian American Chamber of Commerce Education Foundation for a national research study about the characteristics and interests of business owners in the six largest Asian ...
Posted Date: Thu, 02 Jul 2009 19:12:00 GMT

Asian Stocks Slump on U.S., Europe Unemployment, 7-11 Earnings - Bloomberg
July 3 (Bloomberg) -- Asian stocks fell for a third day as a drop in profit at Seven & I Holdings Co., Japan’s largest retailer, and worsening job markets in the U.S. and Europe stoked concern the global economic recovery is faltering. Seven & I ...
Posted Date: Fri, 03 Jul 2009 01:31:00 GMT

Blue chips lead gains as bourse rises 1.7% - English Eastday
Shanghai's key stock index rose nearly 2 percent yesterday amid upbeat market sentiment after the barometer passed the psychological 3,000 mark on Wednesday. The benchmark Shanghai Composite Index added 1.73 percent, or 52.1 points, to close at 3,060 ...
Posted Date: Fri, 03 Jul 2009 00:41:00 GMT

ANZ claims some RBS assets: report - The Age
British bank Standard Chartered and the Australia and New Zealand Banking Group are set to divide up the Asian assets of embattled Royal Bank of Scotland, a press report said today. Standard, which focuses on emerging markets, and ANZ have been ...
Posted Date: Thu, 02 Jul 2009 21:42:00 GMT