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.auANZ 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 AsiaWhile 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 - VanguardStandard 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 TimesHONG 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 - ForbesMANILA, 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 NewsWells 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 - BloombergJuly 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 EastdayShanghai'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 AgeBritish 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