India’s Congress party is claiming credit for a stock-market rally that sent the S&P BSE Sensex index to record highs. Much of the evidence suggests the real catalyst is Narendra Modi, the leader of the opposition party projected to win the national elections.
Taiwan’s stock exchange is seeking to create a cross-border stock trading platform with Singapore by this year to boost overseas access to the island’s listed shares, Chairman Lee Sush-der said in an interview.
Thailand’s stock exchange will exceed its target for initial share sales this year as foreign funds return, even as a political deadlock raises the risk of further street protests, an exchange official said.
Chinese stocks posted their steepest weekly loss in a month, as slowing growth in home prices dragged down smaller real-estate companies and China Merchants Property Development Co. reported a drop in profit.
MSCI Inc. may add China’s domestic shares to its emerging-markets index this year for implementation in 2015, according to Fortune SG Fund Management Co., a Societe Generale Group and Baosteel Group joint venture.