04 Jul '11, 9am

Asia Daily Bulletin – 04/07/11: A close vote in support of additional austerity won by Greek PM Papandreou last

Markets Snapshot (as of 05:00GMT) - Nikkei225 +1.2% - S&P/ASX +0.7% - Kospi +1.1% - Taiex +0.7% - Shanghai Composite +1.8% - Hang Seng +1.8% - S&P Futures -0.1% at 1,333 - Aug Gold +0.8% at $1,494/oz - Aug Crude +0.5% at $95.40 Overview/Top Headlines - A close vote in support of additional austerity won by Greek PM Papandreou last week may have dodged July insolvency but could still face a technical default under the terms defined by credit rating agencies. On Saturday, EU officials approved the €12B tranche for Greece as expected for near term financing and planned to reconvene on July 11th on further discussion over the terms of the second 3-year bailout plan. However, comments from S&P are spoiling the party late in the Asia session, warning that a debt rollover may still place Greece in “selective default” under the following conditions: (i) transaction is viewed as di...

Full article: http://www.sharesinv.com/articles/2011/07/04/asia-daily-b...

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Asia Daily Bulletin – 30/06/11: Risk back on af...

sharesinv.com 30 Jun '11, 10am

Markets Snapshot (as of 04:30GMT) - Nikkei225 +0.4% - S&P/ASX +1.4% - Kospi +0.4% - Taiex +0.4% - Shanghai Composite +1.3%...

Asia trade gets boost

Asia trade gets boost

channelnewsasia.com 06 Jul '11, 6am

SINGAPORE: The Asian Development Bank (ADB) and reinsurer Swiss Re announced an agreement Wednesday to boost regional trad...