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Asian Stock Markets Gain On Stimulus Bets

Asian stock markets advanced Tuesday, helped by expectations that the major central banks will announce further stimulus measures when they hold policy meetings later this week.
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Asian Stocks Rise On ECB, Fed Stimulus Hopes

Asian stock markets advanced Monday on renewed hopes that policy makers in U.S. and Europe will announce further stimulus measures to spur economic growth when they hold policy meetings later this week.
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Temasek buys $2.3 billion of ICBC shares from Goldman

Singapore state investor Temasek bought $2.3 billion worth of ICBC's Hong Kong-listed shares from seller Goldman Sachs , piling into three of China's top four banks and raising its bet on the world's second-biggest economy.
A Goldman Sachs sign is seen on at the company's post on the floor of the New York Stock Exchange, Jan. 18, 2012

Goldman Sachs Sells $2.3 Billion Of ICBC Shares To Temasek Holdings

Temasek Holdings, the Singapore state-owned investment group, has agreed to buy $2.3 billion worth of shares in the Industrial and Commercial Bank of China (ICBC) from Goldman Sachs, a move that is seen as part of its strategy to increase investment in emerging economies.
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China’s Premier: Bank Monopoly Must Be Broken

China’s Premier Wen Jiabao called the country’s state-owned banks a “monopoly” that has to be broken to allow freer flow of capital to loan-hungry smaller businesses, as the world’s second largest economy appears to have skidded to its slowest growth in three years.
Wen Jiabao speaking at the 5th "Honest Politics Work Meeting"

China's Wen says bank monopoly must be broken: state media

China's state banks make money too easily and their monopoly on financial services has to be broken if cash-starved private enterprises are to get access to capital when they need it, state media cited Premier Wen Jiabao as saying on Tuesday.

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