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China approves 20 IPOs, steps up pace as market rallies

Last Updated: Tuesday, January 6, 2015, 07:48

China`s stock market watchdog has approved the initial public offerings of 20 firms, it said late on Monday, around double the number it approved on average last year.

Asian stocks gain on EU progress, euro falls on caution

Last Updated: Monday, December 12, 2011, 08:58

Asian stocks gained on Monday after Europe took a step towards fiscal union, but the euro fell amid concerns the euro zone's fragile safety is still insufficient to prevent its sovereign debt crisis from spreading.