Asia

Asia News

• Aruba Falls as Predicted Profit, Sales Miss Estimates

  Updated 9 minutes ago

  Aruba Networks Inc., a maker of components for mobile devices, plunged as much as 21 percent in early trading after reporting preliminary sales and profit that missed estimates as customers postponed orders.

• 

  Foreigners Buy Most Indian Stocks Since February on Rates

  Updated 10 minutes ago

  Overseas funds bought the most Indian shares last week since February as the nation reduced interest rates for the third time this year and developed markets maintained or bolstered stimulus programs.

• 

  Diageo CEO Walsh Hands Over to Menezes After 13 Years at Top

  Updated 1 hour, 9 minutes ago

  Diageo Plc Chief Executive Officer Paul Walsh will step down after almost 13 years shaping the company into the world’s largest distiller and hand over the reins to his chief operating officer.

• Carlsberg Profit Beats Estimates as Russian Beer Share Gains

  Updated 1 hour, 34 minutes ago

  Carlsberg A/S reported first-quarter profit that beat estimates as the brewer increased its leading share of the Russian beer market and sales surged in Asia.

• 

  HSBC Profit Almost Doubles as Impairments Decline With Costs

  Updated 45 minutes ago

  HSBC Holdings Plc, Europe’s largest bank, posted a bigger-than-estimated increase in first-quarter profit after provisions for bad loans shrank, stirring speculation the lender may step up its cost-reduction targets.

• Asia’s Loan Association Names 2013 Chairman, Board of Directors

  Updated 2 hours, 11 minutes ago

  The Asia Pacific Loan Market Association, the trade organization for the syndicated loan market in the region, named Atul Sodhi of Credit Agricole CIB its chairman for 2013.

• 

  German Factory Orders Rose in March in Sign of Recovery

  Updated 1 hour, 34 minutes ago

  German factory orders unexpectedly jumped for a second month in March, suggesting Europe’s largest economy is starting to grow again.

• 

  Anwar’s Malaysia Leadership Push Derailed in Rural Heartland

  Updated 1 hour, 14 minutes ago

  Malaysia’s Anwar Ibrahim struggled to swing voters in government strongholds where his own ethnic group is dominant, thwarting his ambition to take power from a ruling coalition he helped lead before his ouster in 1998.

• 

  Gold’s Peak Seen Over by Coutts on Dollar, Inflation Outlook

  Updated 47 minutes ago

  Coutts & Co. scaled back gold holdings as prices fell through $1,600 an ounce, saying that a return to the peak isn’t likely unless there’s a crisis in the Middle East, a weaker dollar or a jump in inflation.

• 

  Banks Buying Hong Kong Towers as Rents Climb: Real Estate

  Updated 1 hour, 48 minutes ago

  Seeking to hedge against rising rents and a shortage of space, banks and insurers are on a record spree of buying office buildings in Hong Kong, where occupancy costs are the second-highest in the world.

Asia Photos

Related Topics

• 

  China

• 

  Singapore

• 

  Japan

• 

  Hong Kong

Most Popular on Bloomberg

• Europe Shares Rise to 5-Year High as Aussie Weakens

• HSBC Profit Almost Doubles as Impairments Decline With Costs

• Anwar’s Malaysia Leadership Push Derailed in Rural Heartland

• Gold’s Peak Seen Over by Coutts on Dollar, Inflation Outlook

• Germans Splurge on Italian Homes Locals Can’t Afford

Asia Videos

Audio

• Blackrock's Koesterich Sees `Bargains' Outside U.S.

• Roach Says Fed Policy Does Not Help Spending

• New Balance's Demartini Sees Strongest Growth in As

• Ariel's Bobrinskoy Says Tiffany "High Quality"

• Asia Society’s Metzl Discusses Corruption in China