Asia Business

Chinese stock index jumps 5.3% as Asian stocks rise

By Thu, Aug 27, 2015 5:08PM UTC

BEIJING (AP) — China’s main stock market index has surged 5.3 percent, its biggest gain in eight weeks, as Asian markets rose following Wall Street’s overnight rebound.

Forbes: Mall tycoon Henry Sy tops Philippines’ rich list for 8th year running

By Thu, Aug 27, 2015 11:34AM UTC

MANILA, Philippines (AP) — Property, retail and banking tycoon Henry Sy whose conglomerate owns the chain of SM Supermalls in his country and China has retained the title of the Philippines’ richest person for the eight consecutive year, with his net worth up $1.7 billion from last year to $14.4 billion.

China probing brokers, regulators for possible stock crimes

By Wed, Aug 26, 2015 6:45PM UTC

BEIJING (AP) — Chinese authorities are investigating four securities brokerages and one current and one former employee of its securities regulator for possible stock market offenses.

China cuts key interest rate as stocks plummet 7.6%

By Tue, Aug 25, 2015 6:28PM UTC

China’s main stock market index has fallen for a fourth day, plunging 7.6 percent to an eight-month low.

Asian markets rebound after early losses

By Tue, Aug 25, 2015 10:38AM UTC

Asian stock markets showed signs of recovery Tuesday morning after most markets opened lower.

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