CHINA

Bankers Eye RMB Offshore Market As China Funding Costs Rise

Bankers Eye RMB Offshore Market As China Funding Costs Rise

Bankers are predicting a burgeoning offshore market for renminbi-denominated bonds as corporates increasingly turn to the Chinese currency to issue debt, making it only a matter of time before the renminbi is on a par with dollars, euros and yen.
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Global IPOs have best start to year on record

Global listings activity has been the highest on record so far this year, with firms raising a total of $24 billion to date, according to Thomson Reuters data, boosted by buoyant stock markets and improved investor interest.

Chinese investment in Japanese firms surges -WSJ

China's government investors more than doubled their investments in major Japanese blue-chip companies in 2010, the Wall Street Journal said, citing investment advisory firms and people familiar with the matter.
Sinopec, Australia Pacific in 20-yr LNG deal

Sinopec, Australia Pacific in 20-yr LNG deal

China's Sinopec clinched the second-largest single Chinese liquefied natural gas deal, and ventured for the first time into a foreign unconventional gas asset to feed a domestic boom for the clean fuel.
China moves G20 monetary seminar to Nanjing -source

China moves G20 monetary seminar to Nanjing -source

China is going ahead with a G20 seminar on March 31 to develop ideas on reshaping the global monetary system, but has moved it to the city of Nanjing, near Shanghai, a French government source said on Friday.
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Japan seeks to cut rare earth usage by a third

Japan aims to cut rare earth consumption by a third within a few years and reduce its reliance on China, by providing subsidies for recycling and investing in new ways to limit their use.
Perennial China to raise $860 mln in S'pore IPO

Perennial China to raise $860 mln in S'pore IPO

Perennial China Retail Trust lodged the prospectus for its planned S$1.1 billion ($861 million) initial public offering in Singapore, in what is likely to be the first of several large asset-backed trust IPOs in the city-state.
Key issues in China-U.S. trade

U.S. envoy's name blocked in latest run-in with China

China has blocked a microblog search of the name of the U.S. ambassador after he was seen near a pro-democracy gathering, the latest in a series of run-ins between a possible U.S. presidential candidate and the Communist Party.

Japan to curb rare earth dependence on China

The Japanese government and private companies will spend $1.34 billion to curb Japan's dependence on rare-earth imports from China by a third, the Nikkei news report said Friday.
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World Market Overview 25/02/2011

Asian stock markets advanced for the first time in five days on Friday as oil prices fell below $100 a barrel on easing concern about supply disruptions.
Australian Stocks

Taiwan stocks rise, but builders down on tax proposal

Taiwan stocks rose 0.66 percent on Friday, with exporters like smartphone maker HTC up amid hopes the weaker Taiwan currency will bring in forex gains and help them compete better with Korean and other overseas rivals.
HK stocks seen rangebound despite earnings results

HK stocks seen rangebound despite earnings results

Hong Kong stocks may receive respite from good corporate results on Friday, but will remain under pressure and will likely trade in a narrow range, weighed down by concerns about volatile oil prices and ongoing turmoil in the Middle East.
Huawei calls on U.S. government to investigate it

Huawei calls on U.S. government to investigate it

China's Huawei Technologies Co has challenged the United States to launch a formal investigation into its business, in an attempt by one of the world's largest telecommunications equipment makers to clear its name from allegations that have blocked U.S. deals.
LinkedIn access in China disrupted amid protest calls

LinkedIn access in China disrupted amid protest calls

Access to the professional networking site LinkedIn was disrupted in China on Thursday, following online calls on other sites for gatherings inspired by protests against authoritarian regimes across the Middle East.
Minus a partner, Accel puts energy in China cleantech

Minus a partner, Accel puts energy in China cleantech

Accel Partners is planning to raise $2 billion in new funds and invest more broadly into energy opportunities in China, VentureBeat has learned, even as Peter Wagner, the man who led its cleantech efforts, is leaving the company.
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World Market Overview Feb 25

U.S. stock markets ended mixed in a volatile session on Thursday as oil prices eased and encouraging job data helped the market to stabilize in the final hours.
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Gap beats profit expectations, raises dividend

Gap Inc posted a rise in quarterly profit on Thursday that beat the expectations of analysts and boosted its dividend as the apparel retailer strives to spur sales growth at its main casual chain.

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