Asia News

Pakistani c.bank buys 145.65 billion rupees of t-bills

Reuters - 1 hour 20 minutes ago

KARACHI, Nov 21 (Reuters) - Pakistan's central bank bought back 145.65 billion rupees ($1.74 billion) of treasury bills on Saturday under 10-day reverse repo contracts at 12.20 percent to inject liquidity into a tight money market. More »

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Japan may use postal savings for rural firms-media
Reuters - 1 hour 42 minutes ago
TOKYO, Nov 21 (Reuters) - Japan's government and ruling parties are considering using money from state-owned Japan Post's [JP.UL] massive savings and insurance units to make loans to regional businesses, a Japanese newspaper said on Saturday.
South Korea exports up 29 pct in first 20 days of Nov
Reuters - 2 hours 51 minutes ago
SEOUL, Nov 21 (Reuters) - South Korea's exports rose 28.8 percent in the first 20 days of November from a year earlier, while imports fell 2.1 percent, preliminary data showed on Saturday.
Taiwan likely to issue about T$450 bln govt bonds in 2010
Reuters - Saturday, November 21
TAIPEI, Nov 21 (Reuters) - Taiwan is set next month to finalise the amount of government bonds it plans to issue next year, with a budget likely below this year's level, government officials said on Saturday.
Sands China raises $2.5 bln, low end of range
Reuters - Saturday, November 21
* Las Vegas Sands Macau IPO prices at low end of range
Sands China IPO priced at HK$10.38-source
Reuters - Saturday, November 21
HONG KONG, Nov 21 (Reuters) - Las Vegas Sands Corp <LVS.N>, the world's most valuable casino company, has priced the initial public offering for Sands China Ltd <1928.HK> at HK$10.38 per share, a person familiar with the offering said.
U.S. Treasury nominees to press China on yuan policy
Reuters - Saturday, November 21
* China yuan value blocking needed adjustments-Collyns
Intuitive Surgical gets Da Vinci approval in Japan
Reuters - Saturday, November 21
* Co will now seek import license, reimbursement
S.Korean shipbuilder STX cuts 351 jobs in France
AFP - Saturday, November 21
SAINT-NAZAIRE, France (AFP) - - South Korean shipbuilding giant STX is cutting 351 jobs in France through voluntary departures at the historic Saint-Nazaire shipyard, company officials said on Friday.
Q+A-India, U.S. seek to move "beyond cliches" on ties
Reuters - Saturday, November 21
By Andrew Quinn
Malaysian economy shrinks 1.2 pct Q3
AFP - Saturday, November 21
KUALA LUMPUR (AFP) - - Malaysia economy shrunk by 1.2 percent in the third quarter, the country's statistics department said Friday.
Sri Lanka reserves 'comfortable' after bailout: IMF
AFP - Saturday, November 21
COLOMBO (AFP) - - The International Monetary Fund said Friday Sri Lanka's foreign reserves have reached "comfortable levels," helped by a bailout package, but economic growth was still below potential.
India moves to defuse sugar cane price row
AFP - Saturday, November 21
NEW DELHI (AFP) - - The government promised Friday to ensure that sugar cane farmers do not suffer as it sought to defuse a major row over pricing that has stalled parliamentary proceedings.
China boosts world steel output: association
AFP - Saturday, November 21
PARIS (AFP) - - World steel output rose 13.1 percent in October from the level of output a year earlier, driven largely by production in China, the World Steel Association said on Friday.
Asia's luxury car market 'picking up': Rolls-Royce
AFP - Saturday, November 21
NEW DELHI (AFP) - - Rolls-Royce said Friday the market for its super-luxury cars was picking up dramatically across Asia as the effects of the global financial crisis recede.
US envoy pans media coverage of Obama China visit
AP - Saturday, November 21
BEIJING - Washington's ambassador to Beijing hit out Friday at negative U.S. media coverage of President Barack Obama's visit to China, saying it failed to take into account important progress on many issues.
India Essar Comm to file revised bond offer doc
Reuters - Saturday, November 21
By Suvashree Dey Choudhury and Narayanan Somasundaram
Galleon sells its stake in India's Edelweiss
Reuters - Saturday, November 21
MUMBAI, Nov 20 (Reuters) - Hedge fund Galleon, which is winding down its funds after its founder was accused of heading an insider trading ring, has sold its holding in India's Edelweiss Capital <EDEL.BO>, stock exchange data showed.
Sony to launch online download service for TVs
AFP - Saturday, November 21
TOKYO (AFP) - - Sony Corp. aims to launch next year a new online service that will allow people to download content such as music and movies to their televisions and other electronic gadgets, a top executive said Friday.
Indian banks raise 5.25 bln rupees via CDs
Reuters - Saturday, November 21
MUMBAI, Nov 20 (Reuters) - Indian banks on Friday raised 5.25 billion rupees via Certificates of Deposit, Thomson Reuters data showed.