Nov 6 - Now that the global economy is showing signs of recovery, markets are looking for clues when central banks will begin to remove the extraordinary measures put in place during the financial crisis...
Guoco Group Ltd<53>, a Hong Kong-based investment holding and management company, raised its stake in Bank of East Asia<0023> to 8.01% from the previous 7.99%, according to statistics released by the Hong Kong Stock Exchange.On Oct. 30, Guoco Group bought 300,000 shares in BEA at an average...
* Sri Lanka central bank has bought gold over past 5-6 months * Central Bank governor says gold buying continues * Governor declines to quantify purchases NEW DELHI, Nov 5 - Sri Lanka's central bank...
SYDNEY, Nov 5 - The head of Australia's central bank said on Thursday that it would be dangerous to put a figure on the notion of a neutral level for official cash rates, but added...
* FTSEurofirst 300 index down 1.2 percent ahead of BoE, ECB * Banks weigh but BNP Paribas gains after results * Commods fall; Petroplus down LONDON, Nov 5 - European share prices were mostly lower...
Bank of Ningbo Co Ltd<002142>, one of three listed municipal commercial lenders in China, announced yesterday that it plans to downsize its private placement plan.The lender now plans to issue a total of 383.8 million shares, rather than the 450 million it planned previously. The issue price will still be RMB...
SEOUL, Nov 5 - Australia's Macquarie Group Ltd <MQG.AX> has won a preliminary license to start banking operations in South Korea, a regulatory official and Macquarie said on Thursday. The official at the Financial Supervisory...
MANILA, Nov 5 - The Philippine central bank said on Thursday its monetary policy was neutral with an easing bias, despite an uptick in inflation. Governor Amando Tetangco, speaking after keeping policy rates unchanged at...
MANILA, Nov 5 - The Philippine central bank said on Thursday average inflation in 2009 was likely to come in at 3.28 percent, up from a previous forecast of 3.03 percent. Deputy governor Diwa Guinigundo...
BANGKOK, Nov 5 - The Bank of Thailand does not expect official interest rates to rise this year because there are still risks to the economic recovery, and it has no plans to buy gold...