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Current Headlines | Most Read | Archives
Wall Street Declines Weigh on Asia  (24 April 07:47 am) 
Asian markets were mostly lower as Wall Street\'s overnight slide weighed on regional sentiment.
Chinese Firms Grab Foreign Cash  (24 April 04:16 am) 
Chinese companies increasingly have turned to foreign investors for financing, as domestic credit is getting harder to find.
Asian Morning Briefing
Treasury bonds rose Wednesday as a weak U.S. housing report deflated optimism over the economic outlook and stoked demand for haven assets.
The most actively traded contract, for June delivery, settled up $3.50, or 0.3%, at $1,284.60 a troy ounce on the Comex division of the New York Mercantile Exchange.
Treasury Bonds Hold Gains  (23 April 11:14 pm) 
Treasury bond prices held their gains on Wednesday after a sale of five-year notes drew average demand.
Yuan Hits 16-Month Low, Then Rebounds  (23 April 10:50 pm) 
China\'s yuan fell to its lowest level against the dollar in 16 months, but the losses were mostly reversed by the time the market closed as traders suspected the central bank bought yuan via large
Treasury bonds strengthened Wednesday as a weak U.S. housing report, geopolitical risks in Ukraine and concerns about China\'s economy boosted demand for ultrasafe U.S. government debt.
Gold prices edged higher on Wednesday as saber rattling between Russia and Ukraine refocused investor attention on the conflict in Eastern Europe, stoking demand for haven assets.
Light Goes Out on U.K. Coal Industry  (23 April 07:45 pm) 
The British coal industry is on the point of fizzling out, following the planned closure of two of its three remaining deep mines in northern England. Among the beneficiaries: Russian exporters of the
Treasury bonds strengthened Wednesday as geopolitical risks in Ukraine and concerns about China\'s economy boosted demand for ultrasafe U.S. government debt.
Light Goes Out On U.K. Coal Industry  (23 April 07:06 pm) 
The British coal industry is on the point of fizzling out, following the planned closure of two of its three remaining deep mines in northern England. Among the beneficiaries: Russian exporters of the
China-U.S. pork giant WH Group\'s IPO has been heavily carved back, but the price might still displease investors.
Tokyo has protested to Panama about planned size limits on ships passing through the Panama Canal, saying they could prevent some U.S. natural gas from reaching customers in Asia.
Japan Insurers Seek Yield Overseas  (23 April 04:36 pm) 
Japan\'s life insurers, some of the world\'s biggest investors, bought more foreign bonds last year as Abenomics drove yields on Japanese government debt to near record lows.
Indonesia Bank Sale Lures Investors  (23 April 04:18 pm) 
Bank Mutiara, which was rescued by the government after it nearly collapsed in 2008, has attracted interest from 18 local and foreign investors, in the first sale of an Indonesian bank in more than a
Cnooc Sells Multibillion-Dollar Bonds  (23 April 04:17 pm) 
Cnooc Ltd. is selling multibillion dollar bonds in three portions, partly to repay loans related to $15.1 billion purchase of Canadian oil-sands operator Nexen Inc.
South Korea\'s LG Household & Healthcare Ltd. said it is considering a bid for U.S. cosmetics company Elizabeth Arden Inc.
Chinese companies have increasingly turned to foreign investors for financing as domestic credit is getting harder to come by.
Chinese Firms Seek Foreign Investors  (23 April 03:33 pm) 
Chinese companies have increasingly turned to foreign investors for financing as domestic credit is getting harder to come by.
Asian Shares End Mixed  (23 April 02:17 pm) 
Stocks in Hong Kong fell on signs of further contraction in China\'s manufacturing sector, while a rally on Wall Street bolstered Japan in a quiet, holiday-shortened week for regional markets.
Pirates Rob Singapore Tanker  (23 April 01:58 pm) 
Pirates stopped a Singapore-owned tanker in the Malacca Strait and stole several million liters of diesel fuel on Tuesday.
Yuan Hits 16-Month Low  (23 April 11:09 am) 
The Chinese yuan fell to its lowest level in 16 months, as pessimism about the country\'s slowing economy deepened despite signs of slight improvement in the manufacturing sector.
Grief for a Wife Lost at Sea  (23 April 09:54 am) 
Waiting for news of his wife, Choi In-soo is one relative of victims of the South Korean ferry disaster whose grief has been in the shadow of the massive outpouring over the hundreds of students lost
Hess Sells Thai Assets for $1 Billion  (23 April 09:51 am) 
Hess Corp. is selling its Thai assets for around $1 billion in the latest of a string of deals by U.S. companies as they switch focus back to North America.