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TREASURIES-US 10-year notes slip in Asia but losses limited – Reuters

SINGAPORE, March 26 | Tue Mar 26, 2013 12:24am EDT SINGAPORE, March 26 (Reuters) – U.S. 10-year Treasuries edged lower on Tuesday, but losses were limited as investors worried that a contentious rescue scheme for Cyprus could become a template for resolving any future banking sector crises in the euro zone. * Ten-year Treasuries slipped […]

Asian Stocks Fall on Stronger Yen, Fading Optimism on Cyprus – Bloomberg

Asian Stocks Fall on Stronger Yen, Fading Optimism on Cyprus – Bloomberg

Asian stocks fell, paring the biggest rally in two weeks yesterday, on concern Cyprus’s bank- restructuring plan will be used for other European nations, imperiling depositors and bondholders, and on a report China is stepping up property curbs. HSBC Holdings Plc (5), Europe’s biggest lender, dropped 1.3 percent in Hong Kong. Country Garden Holdings Co., […]

Lufthansa Considers Low-Cost Carrier Targeting Asian – Bloomberg

Lufthansa Considers Low-Cost Carrier Targeting Asian – Bloomberg

Deutsche Lufthansa AG (LHA) is weighing whether to form a partnership with another carrier or start its own new long-haul, low-cost venture to help it expand in Asia, Chief Financial Officer Simone Menne said. Europe’s second-largest airline won’t be able to keep pace with Persian Gulf-based rivals such as Emirates airline and Etihad Airways PJSC […]

Signs of Life in Riskier Asia Debt Market After Selloff – Wall Street Journal

BY FIONA LAW HONG KONG—A Chinese property developer is selling so-called perpetual bonds, the latest sign that the market for one of the riskiest types of debt in Asia is warming up again after a sudden selloff earlier this year. Perpetual bonds are corporate bonds that offer relatively high yields but are especially risky because […]

Japan Asia Group Gets Loan From Shinsei Bank for Solar Stations – Bloomberg

Japan Asia Group Ltd. (3751), a Tokyo- based brokerage and aerial surveyor, got a 1.6 billion yen ($17 million) loan from Shinsei Bank Ltd. (8303) and Mitsubishi UFJ Lease & Finance Company Ltd. for solar projects. The project-finance loan is for five solar stations Japan Asia is building on the northern island of Hokkaido, the […]

Asia Private Equity Weekly News, March 25, 2013 – Reuters

HONG KONG, March 25 | Sun Mar 24, 2013 11:16pm EDT HONG KONG, March 25 (Reuters) – News and developments in Asia private equity from Reuters News for the week ending March 22. MARCH 22 CVC CAPITAL Partners and PT Multipolar Tbk raised around $1.3 billion by selling part of their stake in Indonesian retail […]

Euro steady in early Asia, all eyes on Cyprus – Reuters

By Ian Chua SYDNEY | Sun Mar 24, 2013 7:04pm EDT SYDNEY (Reuters) – The euro was steady in Asia as nervous markets wait to find out if Cyprus will be able to meet a Monday deadline to clinch a 10 billion euro ($13 billion) bailout from international lenders and avert a collapse of its […]

Asia stocks rise after Cyprus gets bailout loan – MiamiHerald.com

BANGKOK — A last-minute package of rescue loans that saves Cyprus from a banking collapse and bankruptcy helped push Asian stock markets higher Monday. Finance ministers from the 17 countries that use the euro currency approved the 10 billion euro ($12.9 billion) bailout plan just hours before a deadline. The European Central Bank had threatened […]

Indonesia Reserves Drop Most Since Asia Crisis in Subsidy Pressure – Businessweek

Indonesian foreign-exchange reserves will probably plunge the most since at least the Asian financial crisis this quarter, putting pressure on President Susilo Bambang Yudhoyono to cut fuel subsidies and curb imports. The country’s reserves may fall by at least $2 billion in March, according to economists at Barclays Plc, PT Bank Danamon Indonesia (BDMN) and […]

‘Asia’s John Daly’ denies Ryder Cup winner – CNN – Canada

‘Asia’s John Daly’ denies Ryder Cup winner – CNN – Canada

(CNN) — He’s known as “Asian golf’s John Daly” but Kiradech Aphibarnrat made a name for himself with his first European Tour victory on Sunday. The 23-year-old won the rain-shortened Malaysian Open by one shot from former European Ryder Cup star Edoardo Molinari to become only the fourth Thai player to win on the circuit. […]