Victor Fung, chairman of Li & Fung Ltd., said increasing orders from American customers indicate that there is only a small risk of the U.S. economy slipping into recession, Finanz und Wirtschaft reported.
The following companies may have unusual price changes in Asian trading tomorrow. Stock symbols are in parentheses and share prices are as of the latest close. The information in each item was released after markets shut unless stated otherwise.
Asian stocks climbed, with the regional benchmark index set for its longest streak of gains since January, after manufacturing in China and the U.S. expanded, boosting the outlook for exporters and machinery makers.
Global bank regulators risk choking commerce through new rules that treat trade finance as being as risky as derivatives, said Victor Fung , chairman of Li & Fung Ltd. , the Hong Kong-based supplier of Wal-Mart Stores Inc.