Asian Markets Overview of December 3
Most Asian markets delivered modest gains on Thursday as positive US economic data restored confidence in a global economic recovery.
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Asian Markets Overview of November 30
Asian stock markets mostly jumped on Monday. Financial stocks were rebounding in Australia, Korea and Japan on hopes the extent of the impact of the Dubai crisis would be limited. The United Arab Emirates central bank said Sunday it "stands behind" local lenders.
Asia Market Overview of November 12
Asian share markets continue a winning streak on Thursday following the good leads from Wall Street. Japan's Nikkei stock index rose in early trade as exporters were lifted by confidence in global recovery. Korean central bank decided to keep rates unchanged at a record-low 2 per cent.
Hyundai (SEO:005380) May Build Its Third Plant in China Next Year
South Korea's Hyundai Motor (SEO:005380) and its China partner will start building their third plant in China early next year to catch up with the sales growing pace in this market.
A Korean Fund May Buy 51% Stake in Ssangyong (SEO:003620)
A Korean private equity fund has proposed to purchase 51 per cent stake in carmaker Ssangyong Motor (SEO:003620) for KRW300 billion-KRW400 billion, said a Korean media.
Automotive Technology Group Limited (ASX:ATJ) Enters Into A Placement And Underwriting Agreement To Raise A$6.25 Million
Automotive Technology Group Limited (ASX:ATJ) is pleased to announce it has entered into a Placement and Underwriting Agreement with an independent party to raise up to A$6,255,988. The Underwriting relates to an Entitlement Offer of a one for one nonrenounceable rights issue of fully paid ordinary shares in the Company at an issue price of A$0.05 per share to raise up to approximately A$5,830,988.
Kia Motors (SEO:000270) Q2 Net Profit Quadrupled
Kia Motors (SEO:000270), South Korea's second-largest automaker, said second-quarter net profit more than quadrupled as weakness in the local currency boosted sales revenue.
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