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ARTICLES RELATING TO ASIA

Carlsberg beats profit forecasts

Carlsberg's first-quarter operating profit and revenue have beat forecasts as strong beer sales in Asia cushioned sluggish European markets.

Oil up in Asian trade

Oil was up in Asian trade as investors awaited the results of a European Central Bank meeting and the release of trade data from China.

Insurers hire as bankers face axe in Asia

Slowing economic growth across much of Asia has failed to crimp expansion plans by the region's insurers, even as the rest of the financial sector slashes jobs.

Asia cuts rates as EU crisis deepens

Asian central banks have started slashing interest rates as the region's export-driven economies shudder at the prospect of a eurozone on the brink of catastrophe.

Europe curbs Asia's factory growth

Factory activity in Asia's export powerhouses slowed to near three-year lows as European demand fell, reinforcing fears the eurozone debt is sapping global growth.

Asian stocks bounce back on Fed

Asian stocks rallied, part of a global uptick after the US Federal Reserve pledged to keep interest rates near zero for at least two years.

Foreign investment in India jumps 300%

Foreign direct investment into India jumped more 300% in June to $5.65bn, the second-highest monthly inflow in the last 11 years, official data shows.
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Clinton to India: It’s time to lead

US Secretary of State Hillary Clinton has told India "it’s time to lead", urging New Delhi to take a stronger role across Asia where China is flexing its muscles.

Asian shares slide

Most Asian bourses have slipped and gold and silver extended their recent declines amid concerns over the global economy.

JSE opens flat ahead of data

The JSE has opened largely unchanged as markets are awaiting important economic data due out later this week.

Asian stocks edge up

Asian stocks have reversed losses after Hong Kong media reported upbeat Chinese economic data a day ahead of the official release.

Asia stocks drop after big quake

Asian shares have retreated after a massive earthquake hit Japan, including the capital Tokyo, darkening an already bleak mood.

Davos highlights economic power shift

Power in the global economy is shifting from the advanced world to Asia, say analysts at Davos as political and business elites begin their annual meeting.

Mizuho to expand into Asia: report

Japanese megabank Mizuho Financial, facing a sluggish home market, plans to ramp up operations in fast-growing Asia next year, The Wall Street Journal reports.

Shanghai aims to launch 24-hour trading

Shanghai plans to be Asia's top stock market by 2013 and launch 24-hour trading by the end of the decade, says state media.
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