Hong Kong's benchmark index posted its biggest daily gain in more than a month on Monday, as pro-democracy activists scaled down protests and upbeat U.S. jobs data provided some relief over the outlook for the global economy.
Industry
Patrick Drahi's Altice seeks to buy Oi's Portuguese assets: source
Billionaire Patrick Drahi's cable and telecoms company Altice SA is looking to acquire the Portuguese assets of Brazilian carrier Oi SA, a source familiar with the matter told Reuters.
World Bank trims China, East Asia 2014-2016 growth forecasts
The World Bank cut its 2014-2016 growth forecasts for developing East Asia, noting that China was likely to slow due to policies aimed at putting the economy on a more sustainable footing, and it also cautioned of capital-flight risks to Indonesia.
BOJ stands pat on policy, warns of weak factory output
The Bank of Japan on Tuesday maintained its massive asset buying program but offered a bleaker view on factory output, following signs that the world's third-largest economy was hit harder than expected by a sales tax increase in April.
Samsung Electronics heads for annual profit fall after weak third-quarter guidance
Samsung Electronics Co Ltd (005930.KS) is heading for its first annual earnings drop since 2011 after it revealed its July-September profit would be the lowest in more than three years and said short-term prospects for smartphones were uncertain.
Latest News
Facebook Inc (FB.O) closed its acquisition of mobile messaging service WhatsApp on Monday, with the final price tag rising an additional $3 billion to roughly $22 billion because of the increased value of Facebook's stock in recent months.
Asian shares tentatively rose in early trade on Tuesday, while the dollar steadied after investors locked in some gains overnight on its recent rally.
UK-based BT Group PLC could take until beyond the current financial year to return to the consumer mobile market, due to technical problems, the Telegraph reported.
A group of 12 global banks are working together to set up a one-stop bond shop for buyers and sellers of corporate bonds, the Wall Street Journal reported, citing people familiar with the matter.
An unusual disconnect has emerged in the U.S. oil market, with headline futures slumping to levels below $90 a barrel even as traders in the physical crude market report surprisingly robust demand and strong pricing.
Medical equipment supplier Becton Dickinson & Co (BDX.N) has agreed to buy CareFusion Corp (CFN.N), a maker of infusion pumps and other medical devices, for $12.2 billion in cash and stock, marking the latest multibillion-dollar healthcare sector deal.
Silicon Valley stalwart Hewlett-Packard Co, which has struggled to adapt to the new era of mobile and online computing, plans to split into two companies as it looks to put more focus on the faster-growing corporate services market, according to a Wall Street Journal report on Sunday.
Japanese stocks bounced on Monday and the U.S. dollar held near four-year highs against a basket of currencies, as upbeat U.S. jobs data boosted sentiment after a week of worries about global growth and geopolitical tensions frayed investor nerves.
Selling everything from their sofas to their wedding rings, Bank Asya clients are battling to shore up the Turkish lender against what they say is a government-orchestrated bid to scuttle it.
