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Asian Stocks Rise on Outlook for Japanese Economy; BHP Declines (Bloomberg)

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March 11 (Bloomberg) — Asian stocks rose, sending the MSCI Asia Pacific Index toward a seven-week high, as speculation Japan’s economy is recovering outweighed concern China will pare back measures that spurred growth. (read here more…) Related items Asian Stocks Fall on China Tightening Concern; Toshiba Declines (Bloomberg) Asian Stocks Fall on Toshiba Forecast, China Tightening Concern (Bloomberg) Asian...
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China property boom ‘not bubble’ (Business Times (Malaysia))

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SINGAPORE: CapitaLand Ltd, which has Chinese properties valued at more than US$14 billion (US$1 = RM3.32), said demand in China is “strong” and the real estate boom can’t be called a bubble. Still, the Singapore-based developer said it was “comforting” that the Chinese government is taking steps to rein in the market, according to...
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China Eastern to Receive Stake in Singapore Air Cargo Venture (Bloomberg)

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March 10 (Bloomberg) — China Eastern Airlines Corp. will receive its parent’s stake in a cargo venture with Singapore Airlines Ltd. this year as part of a plan to consolidate the carrier’s air-freight operations. (more business here…) Related items Wilmar to Expand India Business to Half of China (Update1) (Bloomberg) Goldman Picks Tsingtao, Baidu on China Consumption (Update1)...
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A look at global economic developments (San Francisco Chronicle)

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A look at economic developments and activity in major stock markets around the world Wednesday: ___ BEIJING _ China’s exports surged in February in a new sign of growing global demand that could help persuade officials to let the Chinese currency rise…. China – People’s Republic of China – Asia – BEIJING – Export (read...
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No subprime danger in China: CapitaLand (Channel NewsAsia)

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SINGAPORE: Property developer CapitaLand said the present property boom in China cannot be labelled as a bubble. It is of the view that current market conditions are driven mainly by physical demand. (read the rest of story…) People who looked at this item also looked at… CapitaLand’s Q4 profit jumps to S$886m (Channel NewsAsia) CapitaLand’s Urban Suites sees...
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China Tightens Land Purchase Rules, Bans Villas (Update3) (Bloomberg)

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March 11 (Bloomberg) — China is requiring a down payment for land purchases equal to 50 percent of a plot’s price and prohibited the supply of land for villas as the government sought to increase affordable housing. (read the rest of story…) Related items Asian Stocks Rise on Outlook for Japanese Economy; BHP Declines (Bloomberg) China Eastern to...
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