4 February 2019: Reliance Communications Limited spokesperson said: 1. Reliance Communications Limited (RCOM) today moved the National Company Law Appellate Tribunal (NCLAT) for withdrawal of its appeal, to pursue the resolution plan through National Company Law Tribunal (NCLT) process. 2…. Read More ›
China
Wittur AG adj.ebitda up 16.1%yoy on back of robust growth in its Asian business
Wittur AG, the German elevator component manufacturer, in its preliminary FY15 earnings release reported a 12.7% YoY increase in top-line to EUR 588. Previously in 9M15, revenues and adjusted EBITDA had increased 16.8% YoY and 16.1% YoY to EUR 455m… Read More ›
EQUITY UPDATE: 17 AUGUST 2012
ASIA Japan would soon overtake China to become the biggest creditor to the U.S as it purchased USD 10.4 b of Treasuries in June to take its total to USD 61.3 b. total holdings in U.S Treasuries came in at… Read More ›
CHINA’S EXPORTS FOR JULY DECLINE 1%, BELOW ESTIMATES; IMPORTS RISE 4.7% (y/y)
China’s saw declining growth in exports and imports for July on concerns of a slowing economy. The data saw exports decline 1 percent on a y.y basis for July vs exp. 8 percent rise vs rise of 11.3 percent in… Read More ›
EQUITY UPDATE: 28 JULY 2012
ASIA China is considering shutting down operations of co.’s which are nearing bankruptcies in an attempt to increase competitiveness and transform the automotive sector. The industry is faced by overcapacity and the government plans to overhaul the industry. (China Daily)… Read More ›
JAPAN EXPORTS DECLINE 2.3% IN JUNE
Japan’s exports declined 2.3 percent in June on a y/y basis vs expectations of a decline of 3 percent. Slowdown in exports to Europe, China contributed to the decline. Trade balance for June came in at a surplus of JPY… Read More ›
APPLE LAUNCHES STORES IN CHINA
Apple Inc – Co. launched the latest version of its IPad in China. Launch of the product was a low key affair as against its previous launches. Apple was involved in various lawsuits in China, one being where it had… Read More ›
EQUITY UPDATE – 20 JULY 2012
ASIA According to KPMG, China’s imposition of restrictions on borrowing through trust companies and property sales could affect property and real estate developers in the region. The report came on the back of data which showed a decline in new… Read More ›
CHINA’S BIGGEST 4 BANKS INCREASE LENDING ACTIVITIES
On the banking front in China, data revealed that 4 of the biggest state-owned banks doubled their lending activities for the early period of July 2012. Banks provided loans totalling RMB 919.8 b in June whereas the lending in the… Read More ›
DAILY MARKET REPORT – 18 JULY 2012
The markets ended in the positive territory in today’s trade on positive global cues, the CPI inflation data which came in lower at 10.02 percent.The index saw buying activity in stocks in the metals, realty, capital goods and tech sectors…. Read More ›
