Asia


Asia News

  • Asian Futures Tip Gains as U.S. Jumps on Fed; Gas Rallies

    Updated 19 minutes ago

    Asian equity futures rose, indicating shares from Japan to Australia may follow U.S. stocks higher, on prospects the Federal Reserve will signal the fate of monetary stimulus after its meeting today. The yen held declines, while natural gas and gasoline gained.

  • Rubber Poised for Record Glut as Shippers End Curbs: Commodities

    Updated 16 minutes ago

    Rubber is headed for the biggest glut on record, prolonging the bear market that began in April, as supply exceeds demand for a third year and Southeast Asian exporters ended curbs on shipments.

  • Suntech Rises on Moratorium as Spreadtrum Gains

    Updated 56 minutes ago

    Chinese equities advanced in New York as Suntech Power Holdings Co. climbed after a moratorium on claims from creditors was extended in Europe while online retailers rallied on an improving outlook for second-half sales.

  • ETF Money Blazes a Trail Into New Frontiers

    Published 1 hour, 44 minutes ago

    Nigeria, Pakistan and Kazakhstan don't top many traveler bucket lists. Sending money there's another story: The MSCI Frontier 100 Index is up 14 percent this year and assets in exchange-traded funds that specialize in such "frontier markets" have risen 52 percent to $820 million. By contrast, nearly $10 billion has flowed out of emerging market ETFs this year, and the MSCI Emerging Markets Index is down 8.1 percent.

  • Ascent Solar Raises $6 Million From Private Investor in Asia

    Updated 1 hour, 45 minutes ago

    Ascent Solar Technologies Inc., the U.S. thin-film photovoltaic manufacturer that’s shifting its focus to consumer electronics, will receive $6 million from a private investor in Asia.

  • Facebook’s Zuckerberg Meets Samsung to Discuss Partnerships

    Updated 5 minutes ago

    Facebook Inc. Chief Executive Officer Mark Zuckerberg, seeking to boost advertising sales from mobile devices, discussed potential partnerships with Samsung Electronics Co., according to the head of the South Korean company’s handset division.

  • HP’s Whitman Reassigns Bradley in Revamp Amid PC Slump

    Updated 46 minutes ago

    Hewlett-Packard Co. Chief Executive Officer Meg Whitman is reorganizing the personal computer business, replacing longtime head Todd Bradley with one of his deputies as she strives to overcome a worsening global PC slump.

  • India Panel Said to Recommend Higher Foreign Investment Limits

    Updated 2 hours, 1 minute ago

    A panel set up by India’s finance ministry has recommended increasing foreign investment limits in industries including defense, telecom and retail, said three government officials with knowledge of the matter.

  • Indonesia Fund Sees Opportunity in Stock Slump: Southeast Asia

    Updated 46 minutes ago

    PT Jamsostek, Indonesia’s biggest pension fund, said the nation’s benchmark stock index will extend losses, giving the manager an opportunity to boost equity holdings amid optimism about the country’s economic growth.

  • Vanguard to Aberdeen Bet on Singh’s Asset Sales: Corporate India

    Overseas funds are raising holdings in India’s state-controlled companies to a two-year high as Prime Minister Manmohan Singh’s government sells stakes and attracts investments to revive the weakest economy in a decade.

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