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China stocks tumble more than 6 pct, post biggest 1-day loss in a month

China stocks tumble more than 6 pct, post biggest 1-day loss in a month

China stocks tumbled more than 6 percent on Thursday, their biggest one-day loss in a month, as investors booked profits after the market's recent rebound and awaited policy cues from global leaders gathering in Shanghai for a G20 meeting.
Asian markets and oil in retreat, China exports slump

Asian markets and oil in retreat, China exports slump

Asian markets mostly fell Tuesday as investors cashed in after enjoying their best rally so far this year, while China released data showing another hefty slump in exports and Brent oil retreated from near 2016 highs.
March 9, 2016 | 11:54 pm PT
Mobile World targets $1.5 bil revenue in 2016

Mobile World targets $1.5 bil revenue in 2016

Mobile World JSC (MWG), one of the biggest mobile device retailers in Vietnam, plans to rake in $1.5 billion in revenue this year and gain a foothold in Cambodia, Laos and Myanmar in 2017.
March 9, 2016 | 11:55 pm PT
Daily Market Report on March 15th: Foreign investors offload blue chips

Daily Market Report on March 15th: Foreign investors offload blue chips

This week's second day of trading saw local transaction boards painted red as pressure increased to sell-off shares. Foreign investors led the cut-and-run, offloading a net value of nearly VND110 billion (almost $5 million).
March 16, 2016 | 01:50 am PT
Vietnam’s biggest garment firm skyrockets on debut

Vietnam’s biggest garment firm skyrockets on debut

Shares of Viet Tien Garment Co. sold like hot cakes during its debut on Thursday on the back of the opportunities afforded by trade pacts Vietnam has reached with various foreign partners  
March 17, 2016 | 02:29 am PT
Myanmar launches first shares on fledgling bourse

Myanmar launches first shares on fledgling bourse

Myanmar launched its first stock exchange with just one listed company Friday, with hopes the move could aid the country's economic rise as it emerges from decades of isolationist military rule.
March 25, 2016 | 02:28 am PT
Asian markets ease off pedal after rally

Asian markets ease off pedal after rally

Asian stock markets ended a volatile first quarter on a cautious note Thursday, as upbeat sentiment fuelled by the prospect of lower US borrowing costs was offset by profit-taking after recent gains.
March 31, 2016 | 12:04 am PT
Asia shares, dollar on defensive ahead of US job data, factory surveys

Asia shares, dollar on defensive ahead of US job data, factory surveys

SYDNEY - Asian shares and the dollar started the new quarter on a downbeat note on Friday as caution ruled ahead of surveys on global manufacturing and the latest reading on U.S. jobs.
March 31, 2016 | 07:22 pm PT
Vietnam to integrate stock indices in 2016

Vietnam to integrate stock indices in 2016

The combined markets of Hanoi and Ho Chi Minh will entice more capital from foreign investors and raise the image and transparency of the market to international investors.
April 12, 2016 | 12:58 am PT
Asian Markets: shares, dollar rise after Fed; focus now on BOJ

Asian Markets: shares, dollar rise after Fed; focus now on BOJ

Asian stocks rose on Thursday after the U.S. Federal Reserve offered few clues on its monetary policy outlook, while the dollar edged higher as investors awaited the Bank of Japan's policy decision.
April 27, 2016 | 05:35 pm PT
Vietnam seeks alternative funding from financial market: Deputy PM

Vietnam seeks alternative funding from financial market: Deputy PM

In a move to fuel the economy, Vietnam will turn to venture capital funds to boost the growth of domestic start-ups, develop the market for corporate bonds, and introduce a state-controlled derivatives market, said Deputy Prime Minister Vuong Dinh Hue in a meeting with the State Security Commission (SSC) on Wednesday.
April 28, 2016 | 12:39 am PT
Global markets- Asian shares slip, Nikkei skids on yen strength

Global markets- Asian shares slip, Nikkei skids on yen strength

Asian shares fell in early trading on Monday, with Japan's Nikkei plunging after the dollar notched a fresh 18-month low against the yen.
May 1, 2016 | 05:38 pm PT
Leapfrogging the IPO gridlock: Chinese companies get a taste for reverse takeovers

Leapfrogging the IPO gridlock: Chinese companies get a taste for reverse takeovers

Chinese firms looking to jump a massive queue of companies seeking to do initial public offerings (IPOs) and start trading their shares on the Shanghai or Shenzhen markets are increasingly going through the backdoor by taking control of companies that already have coveted listing status.
May 5, 2016 | 05:45 pm PT
Asian stocks turn lower on wary outlook; bonds firm

Asian stocks turn lower on wary outlook; bonds firm

Asian shares gave up early gains and turned lower on Wednesday as investors shrugged off an overnight rally in global stocks and looked to bonds in the absence of signs of a sustainable recovery in China and other emerging markets.
May 11, 2016 | 12:05 am PT
China stocks post modest gains despite disappointing economic data

China stocks post modest gains despite disappointing economic data

China stocks rebounded on Monday after the securities regulator denied media reports it was cracking down on fundraising and mergers and acquisitions in certain sectors, helping to offset disappointing April economic data.
May 15, 2016 | 11:56 pm PT
Global markets wrap up: Asia down, dollar buoyant after Fed signals potential near-term hike

Global markets wrap up: Asia down, dollar buoyant after Fed signals potential near-term hike

Asian stocks slipped but the dollar was buoyant early on Thursday as markets scrambled to factor in a near-term U.S. interest rate hike foreshadowed in minutes of the Federal Reserve's last monetary meeting.
May 18, 2016 | 05:23 pm PT
Vietnam to retain state control of enterprises in national security and defense

Vietnam to retain state control of enterprises in national security and defense

Vietnam is trying to accelerate share sales in state-owned enterprises (SOEs) that began in the 1990s as the government seeks to spur economic growth to 6.7 percent this year. However, it will retain control of critial lifeline industries including enterprises in national security and defense.
June 3, 2016 | 02:52 am PT
Global markets wrap up: Asia stocks hit 5-week high after cautious Yellen

Global markets wrap up: Asia stocks hit 5-week high after cautious Yellen

Asian shares hit a five-week high on Tuesday after Federal Reserve Chair Janet Yellen said U.S. interest rate hikes are likely on the way, held back any reference to the timing.
June 6, 2016 | 06:23 pm PT
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