Rains rally Asia crops in El Nino year, but relief seen short-lived

Last Updated: Friday, June 26, 2015, 09:03

"Australia is dry but we have received some rains on the east coast," the fund manager added.

11 Indian companies in Forbes Asia's under-billion list

Last Updated: Thursday, June 25, 2015, 16:35

As many as 11 Indian companies including Avanti Feeds Ltd and Borosil Glass Works are ranked among top 200 Asia Pacific corporations in Forbes Asia's 'Best Under A Billion' list.

Hong Kong stocks end 0.26% up, Shanghai extends rebound

Last Updated: Wednesday, June 24, 2015, 14:10

Equities in Hong Kong rose 0.26 percent Wednesday, a fourth straight gain, on hopes Greece will agree a debt reform deal with its creditors, while Shanghai extended the previous day`s gains on improved liquidity.

Asian markets cheer Greece's 11th-hour proposals to avert default

Last Updated: Monday, June 22, 2015, 08:34

"Still, it is unclear when and if an agreement will be reached, and the euro will remain sensitive to headlines over Greece."

Asian stocks down on Greece woes

Last Updated: Tuesday, June 16, 2015, 17:31

Despite increasing worries about Athens` future, the euro managed to tick up against the dollar and yen as traders await the outcome of policy meetings at the US Federal Reserve and Japanese central bank.

Asian shares and euro slip as Greece fails to reach debt deal

Last Updated: Monday, June 15, 2015, 13:19

The euro slipped about 0.6 percent on the day to $1.1197, and was down 0.5 percent against the yen at 138.27."With no deal in sight, expectations for default and exit are likely to rise sharply in the days ahead," said Elsa Lignos senior currency strategist at RBC.

India looking to expand industrial presence in South East Asia: NSIC

Last Updated: Saturday, June 13, 2015, 12:31

NSIC would want to see collaborations between Singapore and Indian enterprises, involving training from either side, sharing of knowledge, expertise and machinery as per requirements of the two parties.

Asia shares, euro stifled by Greek drama

Last Updated: Friday, June 12, 2015, 12:49

The euro had less luck as talks on Greece showed no sign of reaching a deal. The single currency was off at $1.1254, from a high of $1.1387 set on Wednesday.

Asian stocks higher after Wall Street rally

Last Updated: Thursday, June 11, 2015, 13:16

The three main indexes in New York enjoyed one of their best days for weeks, snapping a four-day sell-off, thanks to a surge in banks and technology stocks as well as optimism over the Greek debt crisis.

Deutsche Bank's grip on Asia FX market may slip on Jain's exit

Last Updated: Thursday, June 11, 2015, 10:45

The exit of Deutsche Bank co-chief executive Anshu Jain may see the lender surrender its strong position in Asia`s fast growing foreign exchange and fixed income markets, with incoming CEO John Cryan expected to cut some of the capital-intensive businesses Jain oversaw.

Asia shares wallow near 3-month lows on Fed anxiety, Greece

Last Updated: Wednesday, June 10, 2015, 09:12

Asian shares made a tentative rebound from three-month lows on Wednesday though the spectre of higher borrowing costs in the United States and concerns about the apparent lack of progress in talks between Greece and its creditors sapped confidence.

IMF official calls for growth-friendly fiscal policy in Asia

Last Updated: Wednesday, June 10, 2015, 08:51

Aging populations and falling birth rates are shrinking labour forces in Asian countries, which will cause economic growth to slow, Mitsuhiro Furusawa, deputy managing director of the IMF, told a forum on fiscal policy on Wednesday.