Stocks & Securities
Asian shares mixed on thin trade, HK and China up
Asian share markets were mixed Wednesday Nov 19 in low trading volume despite a rise in US stocks, with tech stocks pressured by worries about the outlook for consumer spending around the globe. The market mood generally was cautious in Asia, and trade was volatile.
Nov 19, 2008 - 2:39:34 PM
Stocks & Securities
Business briefs November 19
* Ho Chi Minh Stock Exchange (STC) recently announced that November 28 would be the registration deadline for Idico Urban and Housing Development Joint Stock Co (coded UIC) to close the list of shareholder to pay 10% dividend in cash for the first phase of 2008 (shareholder holding one share will receive 1,000 dong).
Nov 19, 2008 - 12:03:26 PM
Stocks & Securities
Stock market records standstill session of VN Index
Vietnam's stock market today November 19 had a favourable beginning when the VN Index regained points. However, due to low transparency of listed shares, the index of Ho Chi Minh Stock Exchange (STC) continued decreasing for the third consecutive session.
Nov 19, 2008 - 11:03:34 AM
Stocks & Securities
Recession fears hit Asian markets, US rallies
Asian stock markets tumbled Tuesday Nov 18 as fears of a painful global recession were reinforced after US banking giant Citigroup slashed 50,000 jobs and the financial crisis showed no sign of easing.
Nov 19, 2008 - 7:09:00 AM
Property
Bankruptcy haunts real estate firms
The local real estate market is faced with mounting problems as a result of the protracted credit crunch, heard a recent rescue the market seminar in Hanoi.
Nov 19, 2008 - 7:08:00 AM
Stocks & Securities
US$1b club has only one member left
Up to the end of last week, the "US$1 billion club" has a sole member left namely ACB of Asia Commercial Joint Stock Bank. Other members have been removed from the club due to the recession and the drastic fall of the stock market recently.
Nov 19, 2008 - 7:07:00 AM
Finance
Credit institutions ordered to continue property lending
Before the complaint of real estate companies on failing to borrow bank loans, the State Bank of Vietnam (SBV) ordered credit institutions to continue lending for feasible property projects with the matured payment affordability.
Nov 19, 2008 - 7:06:00 AM
Finance
Asian bond markets key source of funds for governments during turmoil, says ADB
Emerging East Asia's local currency bond markets have shown great resilience to global credit turmoil and can be a key source of funds for governments looking to finance expansionary fiscal policies to offset an anticipated economic slowdown, says a new report by the Asian Development Bank (ADB).
Nov 19, 2008 - 7:05:00 AM
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