Asian stocks swung between gains and losses after a report showed U.S. retail sales were better than forecast, boosting the outlook for exporters. QBE Insurance Group Ltd. slumped after issuing a profit forecast.
BusinessWeek.com — Finance
Royal Bank of Scotland Group Plc plans to expand operations in China and rebuild its Asian equity capital markets unit after the workforce at its corporate and investment banking operations in the region dropped last year.
BusinessWeek.com — Finance
Asian stocks swung between gains and losses after European Central Bank President Jean-Claude Trichet indicated his willingness to sanction bond rollovers in Greece, helping tame concern the global economic recovery is faltering.
BusinessWeek.com — Finance
Prologis, the world’s largest warehouse owner, plans to double its Asia holdings while scaling back growth in North America and Europe after completing the biggest merger of U.S. real estate investment trusts.
BusinessWeek.com — Finance
ProLogis, the world’s largest warehouse owner, plans to double its Asia holdings while cutting back in North America and Europe after completing the biggest merger of U.S. real estate investment trusts.
BusinessWeek.com — Finance
Asian stocks swung between gains and losses after reports showed consumer spending in the U.S. increased less than economists’ estimates and sales of previously owned homes fell. Australian gold producer St. Barbara Ltd. gained as the bullion’s price rose.
BusinessWeek.com — Finance
HSBC Holdings Plc, the U.K. bank that gets more than half of its profit from Asia, aims to add 2,000 employees in China and Singapore as it accelerates expansion in faster-growing economies, while cutting costs globally.
BusinessWeek.com — Finance
Asian stocks fell, set for the biggest three-day drop since the aftermath of Japan’s record earthquake, on concern over Greece’s debt crisis and after Goldman Sachs Group Inc. downgraded Japanese and Korean shares.
BusinessWeek.com — Finance
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