Asia Business

Indian opposition stages giant joint rally to oust Modi

19/01 India's main opposition parties joined forces against Prime Minister Narendra Modi on Saturday at a rally which attracted hundreds of thousands of people months ahead of elections.. . .  Full story

India's HDFC Bank profit up 20 pct in third quarter

19/01 HDFC Bank, India's biggest lender by market value, reported a 20.31 percent rise in third-quarter net profit on Saturday, lifted by higher interest and fee income.. . .  Full story

Qatar emir to attend Beirut's Arab economic summit

19/01 Qatar's emir will visit Beirut on Sunday for an Arab economic summit which has been marred by regional rifts and internal Lebanese disputes even before it began.. . .  Full story

Indian central bank needs to ensure stability, head of bank says

18/01 The head of India's central bank said on Friday he would take the steps necessary to maintain financial stability in the country and help create favourable conditions for growth.. . .  Full story

China lifts African swine fever limits for cities in Shaanxi, Shanxi provinces

18/01 Chinese officials have lifted African swine fever-related restrictions in Xi'An city, in northern Shaanxi province, and Linfen city, in Shanxi province, the Ministry of Agriculture said on Friday.. . .  Full story

Libya government, central bank fail to agree 2019 budget-sources

18/01 Libya's internationally recognized government and the central bank have failed to agree a national budget for 2019 due to a row over spending priorities, and the wrangling could go on until March, three sources. . .  Full story

India's Sun Pharma asks regulator to examine media report

18/01 Sun Pharmaceutical Industries Ltd on Friday asked India's capital markets regulator to look into a media report about an alleged complaint by a whistleblower that led to a sell-off in the company's shares.. . .  Full story

China finance ministry announces more tax cuts for small firms

18/01 China's Finance Ministry on Friday announced further tax cuts for small companies as part of an effort to create jobs and promote economic stability.. . .  Full story

SE Asia Stocks-Rise on trade optimism, Philippines hits 9-1/2-month closing high

18/01 Southeast Asian stock markets rose on Friday, with Philippines hitting a nine-and-a-half-month closing high, as a report of progress in Sino-U.S. trade talks raised hopes of a deal to end a months-ling bitter tariff. . .  Full story

Asia Gold-Indian demand lags on price surge; all eyes on Lunar New Year

18/01 Gold demand turned fragile this week in India as local prices jumped to their highest level in 2-1/2-years, while traders in major buying centres in Asia pinned hopes on purchases ahead of the approaching Lunar. . .  Full story

HK shares rise on trade hopes; tech, property shine

18/01 The Hong Kong shares rose on Friday amid optimism the United States and China were moving toward resolving their protracted trade dispute, and as technology and property stocks rallied. ** The Hang Seng index settled. . .  Full story

Sinopec's marketing arm listing may prove hard sell in soft markets

18/01 Sinopec Corp , Asia's top refiner, may have a hard time finding buyers for a multi-billion-dollar stock offering of its fuel marketing arm because of investor pushback against higher valuations amid tepid equity markets.. . .  Full story

Modi's pre-election handouts to cost India billions, breach fiscal targets-sources

18/01 A series of vote-catching measures planned by Indian Prime Minister Narendra Modi as he braces for a difficult general election may cost more than 1 trillion rupees ($14 billion), two sources with direct knowledge of. . .  Full story

Tencent-backed China movie ticketing platform launches $345 mln HK IPO

18/01 Maoyan Entertainment, China's top movie ticketing platform that is backed by internet giant Tencent, launched on Friday its IPO in Hong Kong in which it aims to raise up to $345 million, a much. . .  Full story

China stocks post 3rd week of gains on trade optimism

18/01 Chinese stocks rose on Friday, posting their third straight week of gains, buoyed by hopes that Beijing and Washington could reach a deal to end their tariff war.. . .  Full story

South Korea Q4 growth seen subdued, trade pressure drags on economy

18/01 Slowing exports and weak business investment are expected to have put the brakes on South Korea's economy in the fourth quarter, a Reuters poll showed, with growth in 2019 set to take a further. . .  Full story

EU takes aim at Turkish steel sector already buckling under Trump tariffs

18/01 The European Commission's move to extend its steel import restrictions threatens to force Turkish mills, already buckling under the weight of U.S. tariffs, to cut production further or in some cases close down, sources said.. . .  Full story

Nikkei at month high on U.S.-Sino trade optimism; Nidec trims loss

18/01 Japan's Nikkei rose on Friday to its best level in a month tracking a rally on Wall Street as hopes of a resolution to the U.S.-China trade dispute boosted risk appetite, while motor maker. . .  Full story

China, Hong Kong stocks rise on trade relief

18/01 China and Hong Kong stocks climbed on Friday, as a media report lifted optimism that Beijing and Washington could reach a deal in their tariff dispute.. . .  Full story

Ageing Singapore: City-state helps firms retain workers past retirement age

18/01 Mohsin Khan is still at his job repairing aircraft hydraulics parts although the Singaporean turns 75 in a couple of months.. . .  Full story

China trims 2017 GDP growth rate just before 2018 pace unveiled

18/01 China's statistics bureau on Friday revised down its final 2017 gross domestic product (GDP) growth to 6.8 percent from 6.9 percent, after scaling back initial estimates of the industrial and services sector.. . .  Full story

JGBs ease tracking U.S. Treasuries; liquidity-enhancing auction draws robust demand

18/01 Japanese government bond (JGB) prices edged lower on Friday tracking a fall in U.S. Treasuries and as gains in equities dimmed the safe-haven allure of debt.. . .  Full story

Nikkei rises on U.S.-Sino trade optimism; Nidec dives

18/01 Japan's Nikkei rose on Friday morning to its best level in a month tracking a rally on Wall Street as hopes of a resolution to the U.S.-China trade dispute boosted risk appetite, while motor. . .  Full story

Thailand's Kbank 2018 profit jumps on interest income, loan growth

18/01 Thailand's third-largest lender Kasikornbank Pcl on Friday reported a 12 percent jump in full-year profit on higher interest income, loan growth and better asset quality.. . .  Full story

Indonesia's Dec motorbike sales up 8.9 pct y/y - association

18/01 * The annual growth of Indonesia's motorcycle sales accelerated to 8.9 percent in December from 8.6 percent in November, an industry association said, citing its data combined with data from the government.. . .  Full story

Japan's consumer inflation slows to 7-month low, adds to BOJ's travails

18/01 Japan's annual core consumer inflation slowed to a seven-month low in December as soft household spending kept firms from raising prices, a further sign of the growing challenge faced by the central bank in achieving. . .  Full story

China cenbank's maturing bills, repos next week

18/01 Maturing Chinese central bank reverse bond repurchase agreements will drain 770 billion yuan ($113.68 billion) next week. The People's Bank of China (PBOC) has injected 430 billion yuan on a net. . .  Full story

China cenbank weekly open market operations at a glance

18/01 The People's Bank of China (PBOC) has injected 430 billion yuan ($63.48 billion) on a net basis into money markets via open market operations (OMOs) so far this year.. . .  Full story

China to target 6-6.5 pct GDP growth in 2019 - China Daily

18/01 China may set an economic growth target for this year of between 6 percent and 6.5 percent, lower than for 2018, the official China Daily newspaper reported on Friday, citing unnamed sources close to policymakers.. . .  Full story

Turkey's Palmet in talks for EWE energy assets after Azeri firm drops out

17/01 Turkish gas distributor Palmet is in talks to acquire the Turkey energy business of Germany's EWE, an official from Palmet said on Thursday, after Azeri state firm SOCAR confirmed it had withdrawn from discussions. . .  Full story

Indian business leaders urge central bank to cut benchmark rate

17/01 India's top business groups on Thursday urged the central bank to cut its benchmark interest rate by at least half a percentage point and lower the cash reserve ratio it imposes on banks to. . .  Full story

Russia unable to cut oil production sharply - minister

17/01 Russia is unable to reduce oil output sharply but will try to do so more quickly, Energy Minister Alexander Novak was quoted as saying on Thursday, after ally Saudi Arabia criticised Moscow over the. . .  Full story

Jet Airways' creditors weighing restructuring plan

17/01 Jet Airways Ltd's lenders are considering a plan to resolve its debt issues, top creditor State Bank of India (SBI) said on Thursday, amid media reports two main shareholders have yet to resolve their differences.. . .  Full story

Thai Siam Commercial Bank profit down on higher expenses

17/01 Thailand’s second-largest lender, Siam Commercial Bank Pcl (SCB), reported a 7.1 percent fall in full-year profit on Thursday, citing lower non-interest income from its fee waiver and insurance business.. . .  Full story

Egypt reopens five ports after weather improves

17/01 Egypt reopened five ports on Thursday that it had shut due to bad weather as conditions improved and winds stabilised, the Red Sea Ports Authority said.. . .  Full story

SE Asia Stocks-Philippines recovers as real estate stocks bounce back

17/01 Most Southeast Asian stock markets rose on Thursday with Philippines leading the gains, while Singapore fell on disappointing December export data. A bounce-back in real estate stocks helped the benchmark Philippine. . .  Full story

HK shares fall as warning signs flash on Chinese economy

17/01 The Hong Kong shares slid on Thursday as China's economy looked poised to report its worst growth figures in a decade. ** The Hang Seng index settled 0.5 percent lower at 26,755.63 points. The Hang. . .  Full story

China stocks end lower as investors brace for weaker GDP

17/01 China stocks ended weaker on Thursday amid mounting signs of sluggish economic growth and as Chinese Premier Li Keqaing forecast a rigid year ahead.. . .  Full story

Russia's Novak plans to meet Saudi's Falih at Davos - report

17/01 Russian Energy Minister Alexander Novak plans to meet Saudi Energy Minister Khalid al-Falih at the World Economic Forum in Davos, Switzerland next week, Interfax news agency cited the Russian minister as saying on Thursday.. . .  Full story

Japan's Nikkei dips on investor caution, Topix buoyed by BOJ talk

17/01 Japan's Nikkei dipped on Thursday, reversing earlier gains, as investors remained wary about the outlook for riskier assets amid lingering worries about the global economy and trade war tensions.. . .  Full story

JGBs supported after BOJ purchase, soggy Nikkei

17/01 Japanese government bond prices were steady to firmer on Thursday, underpinned by decent results of the Bank of Japan's purchase of five- to 10-year bonds and as Japanese shares ran out of steam after. . .  Full story

China installed 18 pct less solar power capacity in 2018

17/01 China put just over 43 gigawatts (GW) of new solar generation capacity into operation in 2018, down 18 percent from a year earlier, an industry group said on Thursday, after a government move to. . .  Full story

Philippines' Global Ferronickel holds ore shipments to China steady as economy cools

17/01 Philippines nickel ore miner, Global Ferronickel Holdings Inc, said on Thursday it aims to ship 5.7 million wet metric tonnes to China this year, in line with 2018, as China's cooling economy slows expected demand.. . .  Full story

China's growth set to slow to 6.3 pct in 2019, more stimulus seen

17/01 China's economy is expected to cool further this year as domestic demand weakens and exports are hit by U.S. tariffs, a Reuters poll showed on Thursday, reinforcing views Beijing will need to roll out. . .  Full story

China Q4 growth seen dipping to 6.4 pct as domestic, export demand cools

17/01 China's fourth-quarter economic growth likely slowed to the weakest pace since the global financial crisis, a Reuters poll showed, as demand faltered at home and abroad amid a bitter trade dispute with the United States.. . .  Full story

India's SBI says lenders discuss Jet Airways' restructuring plan

17/01 State Bank of India said on Thursday lenders of Jet Airways Ltd were considering a restructuring plan for the debt-laden carrier.. . .  Full story

China, HK shares inch higher as Premier Li Keqiang vows policy support

17/01 Chinese and Hong Kong stocks climbed on Thursday after China's Premier Li Keqiang committed to increase government investment this year, amid mounting signs of slowing economic growth. ** At the midday break, the Shanghai Composite. . .  Full story

BOJ's Kuroda calls for vigilance to cost of unconventional easing

17/01 Bank of Japan Governor Haruhiko Kuroda said on Thursday central banks must carefully evaluate the impact of unconventional monetary policy steps, as their benefits and side-effects could differ from those brought about by conventional policy.. . .  Full story

Bangladesh's second LNG terminal to start in March; supply faces hiccups

17/01 Bangladesh's second liquefied natural gas (LNG) terminal is expected to start operations in mid-March though domestic pipeline constraints means it will be unable to fully supply gas demand to the country's capital Dhaka.. . .  Full story

Japan's Nikkei dips, early bounce fizzles on investor caution

17/01 Japan's Nikkei share average started higher on Thursday but quickly reversed course as investors remained cautious about the outlook for riskier assets.. . .  Full story

China cbank deputy says some bond defaults may not be a bad thing

17/01 Some defaults in China's bond market may not be a bad thing, a central bank vice governor said on Thursday, adding that the country's bond market default ratio is still relatively low.. . .  Full story

Singapore's Dec exports post worst fall in 2 years

17/01 Singapore's exports recorded their worst decline in more than two years in December as shipments of electronics and pharmaceuticals plunged, official data showed on Thursday.. . .  Full story

Morocco’s economy set to grow 2.9 pct in 2019 -planning agency

16/01 Morocco's economy is expected to grow by 2.9 percent in 2019, marginally slower than last year and still driven by domestic demand, the head of the planning agency said on Wednesday.. . .  Full story

EU to impose tariffs on Myanmar, Cambodia rice for 3 years

16/01 The European Union will impose tariffs on rice from Cambodia and Myanmar from Friday to curb a surge in imports, the European Commission said on Wednesday.. . .  Full story

Banks elevate Saudi, blue-chips lift Egypt

16/01 Saudi Arabia's stock market rose on Wednesday, boosted by its bank shares, while Egypt's index was lifted by its blue-chip stocks, mirroring a gain in emerging markets. Saudi Arabia's index. . .  Full story

India's Jet Airways in creditor talks over possible Etihad bailout

16/01 India's Jet Airways said on Wednesday it is in talks with its lenders to resolve its debt problems, amid increasing prospects of a bailout by major shareholder Etihad Airways.. . .  Full story

Egypt secures $1.2 bln from China EximBank for light rail to new capital -minister

16/01 Egypt has agreed a $1.2 billion deal with the Export-Import Bank of China (EximBank) to finance a light rail system from an industrial city on the outskirts of Cairo to a new capital it. . .  Full story

China posts scant rise in outbound investment in 2018 amid outflow curbs

16/01 China's overseas investment rose only marginally in 2018 as the yuan weakened and regulators cracked down on deals that were suspected to be skirting controls on moving money out of the country.. . .  Full story

BOJ to cut price f'casts, keep bright view of economy - sources

16/01 The Bank of Japan is expected to cut its inflation forecasts at next week's rate review, sources say, a sign slumping oil prices and a darkening global economic outlook are heightening challenges for hitting. . .  Full story

SE Asia Stocks-Philippines slumps nearly 2 pct, most in 10 weeks

16/01 Philippine shares fell the most in 10 weeks on Wednesday, dragged by real estate stocks, while most other Southeast Asian markets were subdued as investors turned apprehensive on how aggressive China needs to be. . .  Full story

Loan growth, higher margins boost Emirates NBD Q4 net profit

16/01 Emirates NBD, Dubai's largest bank, on Wednesday reported a 10 percent rise in fourth-quarter net profit as loan growth and improved margins offset lower income from investment securities and higher expenses.. . .  Full story

Internet Gold fails to get binding offers for BCom stake

16/01 Internet Gold-Golden Lines's latest attempt to sell its holdings in the parent company of Bezeq Israel Telecom has failed.. . .  Full story

China to continue crackdown on financial risks in 2019 - regulator

16/01 China will crack down further on irregularities in financial markets and reduce shadow banking risks this year, the banking and insurance regulator said in an annual work conference on Wednesday.. . .  Full story

China cbank's record $83 bln injection heightens worries over ailing economy

16/01 China's central bank injected a record $83 billion into the country's financial system on Wednesday, seeking to avoid a cash crunch that would put further pressure on the weakening economy.. . .  Full story

Hong Kong shares rise as China eyes more stimulus

16/01 Hong Kong shares rose on Wednesday, helped by hopes that a shift to more stimulating policy could boost China's economy, but investors remained cautious amid uncertainty over Brexit, trade and slowing global growth. ** At. . .  Full story

China tells pig farms to restock amid worries over pork supply, swine fever

16/01 China's pig farmers should quickly replenish their herds and the nation plans to buy more pork for its reserves, a government official said, in steps to curb price rises expected to bite later this. . .  Full story

China stocks end flat as stimulus hopes counter slowdown fears

16/01 Shares in China ended flat on Wednesday as the central bank's biggest-ever daily injection of cash through open-market operations underscored Beijing's commitment to step up stimulus, amid signs of a slowdown and worries over global. . .  Full story

China crude output seen flat in 2019, gas demand to climb -CNPC

16/01 China's crude oil output is set to remain flat in 2019 while its natural gas demand will rise 11 percent, according to a closely watched forecast from analysts at the country's largest oil and. . .  Full story

World Bank trims Thailand 2019 GDP growth to 3.8 pct

16/01 The World Bank has trimmed its projection for Thailand's economic growth this year to 3.8 percent from 3.9 percent estimated earlier, due to a global slowdown and elevated trade tensions between the United States and. . .  Full story

Nikkei slips off 4-week high, profit-taking on China-related shares

16/01 Japanese shares retreated from a four-week high on Wednesday as investors took profits on firms exposed to China's economy a day after they enjoyed a boost from Chinese stimulus hopes.. . .  Full story

China's CNOOC holds LNG offshore as warm winter cuts spot demand

16/01 China's state-owned CNOOC is temporarily storing liquefied natural gas (LNG) in a tanker off South Korea as a warmer than usual winter cuts expected spot demand for the fuel, industry sources said on Wednesday.. . .  Full story

IMF to resume Sri Lanka's loan discussion in February - Lagarde

16/01 The International Monetary Fund will resume discussions with Sri Lanka in February for further disbursal of part of a $1.5 billion loan, the lender said, after a political crisis led to talks being delayed. . .  Full story

China's Dec home prices stay resilient as big cities rebound

16/01 China's home prices remained buoyant in December as big cities rebounded, a sign that Beijing's efforts to support its slowing economy may be putting a floor on the real estate market.. . .  Full story

China stocks inch lower amid growth concerns; developers rise

16/01 China's main stock indexes edged lower on Wednesday amid ongoing uncertainty about growth outlook, but resilient home prices and government efforts to boost the economy kept declines in check. ** At the midday break, the. . .  Full story

JGBs eke out gains as Tokyo shares sag; 5-yr auction draws demand

16/01 Japanese government bond prices eked out gains on Wednesday, buoyed by a drop in Tokyo stocks that stoked investor appetite for safe-haven debt.. . .  Full story

-China injects record net $83 bln in open market operations

16/01 China's central bank on Wednesday made its biggest daily net cash injection via reverse repo operations on record, more evidence that authorities are shifting to policy easing to counter a slowdown in the world's second. . .  Full story

China urges state firms to help meet govt policies, steer economy

16/01 China's state assets regulator has called on companies under its control to meet social, political and economic responsibilities this year, it said on Wednesday after a meeting of top state enterprise leaders.. . .  Full story

China approves new airport worth $4.7 bln in Hubei province

16/01 China's state planner approved on Wednesday a new airport worth 32.06 billion yuan ($4.7 billion) in central China's Hubei province.. . .  Full story

China property price changes in December

16/01 Following is a breakdown of average new home price changes in major Chinese cities in December, announced by the National Bureau of Statistics on Wednesday. Home price figures. . .  Full story

Oil rises about 3 pct on economic stability hopes

15/01 Oil prices rose about 3 percent on Tuesday, along with world stock markets, supported by China's plan to introduce policies to stabilize a slowing economy, reversing the previous session's losses due to grim data. . .  Full story

East Libyan forces heading south to secure oil sites

15/01 Eastern forces loyal to commander Khalifa Haftar have launched a military operation in southern Libya to secure oil and gas facilities and fight extremists, a spokesman said on Tuesday, a move that may alarm the. . .  Full story

Sri Lanka says has $300 mln loan offer from Bank of China, may increase to $1 bln

15/01 Sri Lanka is considering an offer from Bank of China for a loan of $300 million, which could be raised to $1 billion, to help it meet repayments in coming months, junior finance minister. . .  Full story

India's trade deficit narrows, flat exports a concern

15/01 India's trade deficit narrowed to $13.08 billion in December, the lowest in 10 months, on a fall in gold imports but exports remained flat, deepening concerns for Prime Minister Narendra Modi who wants to accelerate. . .  Full story

Banks buoy Saudi market, DAMAC drags down Dubai

15/01 Saudi Arabia's stock market rose on Tuesday, as rebounding oil prices lifted all its banks, while the Dubai index was pulled down by a plunge in shares of DAMAC Properties.. . .  Full story

Sri Lanka seeks to increase swap amount to $1 bln from India central bank

15/01 Sri Lanka has begun talks with India's central bank to increase its swap amount to $1 billion, the acting finance minister said on Tuesday, as it struggles with the rising cost of its. . .  Full story

Sri Lanka minister says negotiating rates, tenure of $300 mln loan offered by Bank Of China


China signals more stimulus as economic slowdown deepens

15/01 China on Tuesday signalled more stimulus measures in the near term as a tariff war with the United States took a heavy toll on its trade sector and raised the risk of a. . .  Full story

SE Asia Stocks-Most rise on China stimulus hopes

15/01 Most Southeast Asian stock markets recovered on Tuesday, with Singapore hitting a near three-and-a-half-month closing high, after China signalled more stimulus to prop up its slowing economy. China's state planner said. . .  Full story

China Dec new loans beat forecasts, hit record $2.4 trillion in 2018

15/01 Chinese banks extended far more new loans in December than expected, bringing last year's tally to a record $2.4 trillion as Beijing scrambles to help cash-starved companies and ease mounting pressure on the weakening economy.. . .  Full story

S.Korea's Kakao Mobility offers olive branch to taxi drivers protesting car-sharing

15/01 South Korea's Kakao Mobility on Tuesday said it would re-enter talks over its proposed car-sharing service with an open mind, and would even consider abandoning the idea, should taxi drivers who protested the service return. . .  Full story

Hong Kong shares climb on China's stimulus pledge

15/01 Hong Kong stocks advanced on Tuesday after Chinese officials pledged they would unveil a slew of measures to shore up economic growth, and reiterated confidence in the stability of yuan. ** The Hang Seng index. . .  Full story

China outstanding total social financing up 9.8 pct y/y at end-Dec

15/01 China's outstanding total social financing (TSF) was 200.75 trillion yuan ($29.73 trillion) at the end of December, up 9.8 percent from a year earlier, the central bank said on Tuesday.. . .  Full story

China Dec total social financing rises to 1.59 trln yuan

15/01 China's total social financing (TSF), a broad measure of credit and liquidity in the economy, rose to 1.59 trillion yuan ($235.47 billion) in December, beating expectations, data from the central bank showed on Tuesday.. . .  Full story

China stocks rally on stimulus signals after dismal trade data

15/01 Chinese stocks climbed on Tuesday as Beijing signalled more stimulus measures, a day after the world's second largest economy posted weaker-than-expected December trade data.. . .  Full story

Nikkei closes at near one-month high; strong Chinese shares boost mood

15/01 Japan's Nikkei rose to a near one-month high on Tuesday, supported by buying of electronic component makers and other exporters as a weaker yen boosted sentiment.. . .  Full story

Egypt's Suez Canal revenues fall to $461.5 mln in November - government website

15/01 Egypt's Suez Canal revenues fell to $461.5 million in November, down around 8.8 percent from October's $506.1 million, data from the cabinet's website showed on Tuesday.. . .  Full story

Indonesia posts record trade gap in 2018, Dec exports sink

15/01 Indonesia posted wider-than-expected trade deficit in December, bringing the gap for 2018 to the largest ever, the statistics bureau said on Tuesday.. . .  Full story

China's money rates rise on tax payments and maturing loans

15/01 China's primary money rates rose on Tuesday after the previous week's multi-year lows, as drains from corporate tax payments and maturing medium-term loans offset fresh liquidity injections and cash released by a reserve requirement cut.. . .  Full story

Malaysia's Jan 1 - 15 palm oil exports rise 17.0 pct -ITS

15/01 Exports of Malaysian palm oil products for January 1 - 15 rose 17.0 percent to 615,565 tonnes from 525,939 tonnes shipped during December 1 - 15, cargo surveyor Intertek Testing Services said. . .  Full story

Etihad to raise stake in cash-strapped Jet Airways - source

15/01 Etihad Airways plans to hike its stake in debt-laden Jet Airways, a person close to the Abu Dhabi carrier told Reuters late on Monday, further driving up shares of the Indian airline.. . .  Full story

Malaysia's Jan 1 - 15 palm oil exports rise 15.9 pct -AmSpec Agri

15/01 Exports of Malaysian palm oil products for January 1 - 15 rose 15.9 percent to 607,220 tonnes from 524,083 tonnes shipped during December 1 - 15, according to independent inspection company AmSpec. . .  Full story

China, HK stocks rise as Beijing signals stimulus after dismal data

15/01 China and Hong Kong stocks climbed on Tuesday as Beijing signalled more stimulus to bolster a slowing economy, a day after the world's largest trading nation posted weaker-than-expected monthly trade data.. . .  Full story