HANG SENG INDEX

Asian markets mixed

Japanese markets mostly failed to react to the appointment of Yasuo Fukuda as leader of the Liberal Democratic Party on Sunday. The appointment opens the way for Fukuda to take over the reins of departing Prime Minister Shinzo Abe.

JPMorgan gets final OK to set up local China bank

JPMorgan Chase & Co. said on Monday it received final approval to set up a locally incorporated bank in China, one of the latest firms given the go-ahead for possible retail operations in the country.

Hong Kong Stocks plunge 237 pct

Hang Seng Index closed at 17.308 pct yestoday, down 237 pcts or 1.3%,a HK$34.74 billion turnover achieved, dragged by the news of allotment of shares by China Life Insurance and China Mobile......

Asian Markets End Week With Rally

Asian markets rallied for a second day Friday, recovering from a plunge Tuesday that sent stocks in the region to their lowest levels in months.

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