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Asian Morning Briefing
Hong Kong IPOs Pick Up on Bullish China  (01 April 12:34 am) 
China’s stock rally produced a big winner Tuesday when the country’s fourth-biggest brokerage raised US$3.6 billion in Asia’s largest initial public offering.
China to Begin Deposit Insurance  (31 March 11:31 pm) 
China said it would roll out its long-awaited deposit insurance on May 1, a key step in its plans to liberalize the financial system.
Samsung, LG End Legal Disputes  (31 March 08:33 pm) 
Samsung Electronics and LG Electronics said in a statement Tuesday they would end all pending legal disputes, bringing a measure of peace to two of South Korea’s best-known conglomerates.
Keep Digging for China Recovery Hopes  (31 March 06:16 pm) 
Construction equipment maker Zoomlion said the “golden years” of China’s building boom have ended. Fresh signs of government stimulus shouldn’t change that assessment.
Taiwan to Apply to Join China-Led Bank  (31 March 06:16 pm) 
Taiwan will apply to join China-led Asian Infrastructure Investment Bank, the presidential office said Tuesday, another U.S. ally to join the institution despite concerns from Washington about the
Kaisa Delays Release of Results  (31 March 06:16 pm) 
Troubled Chinese property developer Kaisa delayed the release of its 2014 results to give auditors time to finish their work.
GF Securities Raises $3.6 Billion  (31 March 06:16 pm) 
GF Securities has raised $3.6 billion in an initial public offering, people familiar with the situation said.
Not many on Wall Street saw oil’s ferocious tumble coming. Several traders who did repaired tarnished reputations with the coup.
Thai authorities said they will use military-provided powers to improve a poor safety rating that prompted Japan to ban Thai carriers from adding new flights last week.
A foray into the U.S. isn’t likely to come easily for China’s biggest grain trader. Cofco, which currently owns just a few physical assets in the U.S., may struggle against high price tags and
U.S. Stocks Rally  (31 March 03:51 am) 
U.S. stocks rallied Monday, along with overseas equity markets, as deal-making buoyed the health-care sector.
U.S. Stock Futures Rise  (31 March 02:16 am) 
U.S. stock futures advanced Monday after fresh signals that central banks in Europe and China will remain accommodative.
After China’s cautious easing measures failed to revive real-estate prices, officials took more decisive action.
EU Approves Biomet-Zimmer Merger  (31 March 12:15 am) 
Zimmer Holdings secured approval in the EU for its $13 billion acquisition of fellow orthopedic-device maker Biomet after agreeing to sell three businesses in Europe to assuage antitrust concerns.
U.K. Banks Undergo Stress Test  (31 March 12:01 am) 
The U.K.’s biggest banks will be subjected to a severe global economic slowdown and face major difficulty trading assets under the latest Bank of England stress test.
Easier Than Ever to Shake Up Japan Inc.  (30 March 11:44 pm) 
Kyocera is the latest Japanese company targeted by investors to boost shareholder returns. Government reforms have paved the way for these trades to succeed.
Yuan Loses Its Shine Abroad  (30 March 07:45 pm) 
China suffered a second setback in as many weeks in its drive to boost the use of its currency abroad, even as the country steps up efforts to open up its capital account.
Asian Shares Subdued  (30 March 06:45 pm) 
Asian stock markets opened in subdued fashion Monday, with renewed uncertainty about U.S. monetary policy, falling commodity prices and disappointing Japanese production data providing few incentives
London may be one of the world’s financial capitals, but, nowadays, Peru, Thailand and Indonesia are getting more out of banking. At least, that is, in terms of contribution of profits to the
London may be one of the world’s financial capitals, but, nowadays, Peru, Thailand and Indonesia are getting more out of banking. At least, that is, in terms of contribution of profits to the
Some British Airways frequent-flier accounts have been hacked, but the airline said most personal information is safe.
China’s major banks last year wrote or spun off more than twice the bad loans that they did in 2013 to keep the fallout from a slowdown in China’s economy from lingering on their balance sheets.
Macquarie will pay $15 million to settle Securities and Exchange Commission charges related to a unit’s 2010 underwriting of a public offering by China-based Puda Coal.
China’s massive sovereign-wealth fund is stepping up direct investments in long-term global assets, with a particular focus on the U.S.