China Yongda Automotive has shelved plans for a $433 million initial public offering in Hong Kong. The WSJ's Deborah Kan speaks to WSJ/DJN Asia Deals Editor Nisha Gopalan on what this means for the country's ...

Myanmar's reformist president has canceled plans to attend an upcoming economic conference in Thailand's capital.Thai Foreign Ministry spokesman Thani Thongphakdi says he's been told that President Thein ...

Capita was among the best performers on a recovering FTSE 100 on Monday, after a broker upgrade spoke of improving trading momentum at the outsourcer.

The International Monetary fund has told Ukraine it must raise gas and heating prices for households if it is to regain access to a $15.6 bailout loan from the fund.The government of President Viktor Yanukovych ...

(The following statement was released by the rating agency)May 28 - Fitch Ratings has affirmed five Taiwanese state banks' Long-Term Foreign-Currency(LTFC) Issuer Default Ratings (IDRs) and Support Rating ...

European markets posted modest gains Monday morning after weekend opinion polls strengthened hopes that Greece might stick with the euro and austerity measures.But investors were also focused on Spain's ...

MILAN, May 28 (Reuters) - Italian two-year borrowing costsrose to their highest since December at a sale of zero-couponpaper on Monday as the prospect of a possible Greek euro exitand Spain's banking woes ...

MADRID, May 28 (Reuters) - Spain's Treasury said on Mondaythe country was in a very strong position to repay debt maturingshortly, amid scrutiny over its debt levels and plans to bailout its banks."We ...

Europe Crisis Adds Concern to China Outlook at Moody’s

MUMBAI, May 28 (Reuters) - Indian shares provisionally rose1.33 percent on Monday as an improved global risk sentimentspurred buying in financial stocks such as top lender State Bankof India and recently ...

JAKARTA, May 28 (Reuters) - A possible bank ownership capruling by Indonesia would be counter-productive to the bankingindustry and would fragment it, the chief executive of DBS GroupHoldings, Southeast ...

Greek Polls Help Asia Markets

By Fang Yan and Ken Wills BEIJING, May 28 (Reuters) - Nissan Motor Co,Japan's No.2 automaker, will start making Infiniti cars at a2-billion-yuan ($315 million) plant in China from 2014 as itmoves to challenge ...

* Hopes that Greece will stay in euro zone lift euro* Stresses in European banking system still spook markets* Increase in gold shorts outpaces gains in longs - CFTC (Updates throughout, changes dateline, ...

Copper extended gains on Monday on hopes of more stimulus from China, and after Greek conservative parties topped opinion polls, helping calm fears over contagion should Athens default on its debt and ...

* Polls show Greek conservatives regain lead * Beijing may subsidise vehicle purchases in rural areas * Market holidays in Europe, U.S. to keep volumes light By Maytaal Angel LONDON, May 28 (Reuters) - ...

Focus On China, Not Europe

LONDON, May 28 (Reuters) - North Sea Brent crude oil futures rose more than $1 per barrel on Monday as fears of aeuro zone break-up eased but Middle East oil supply worriesresurfaced as talks over Iran's ...

Egyptian Stocks: Orascom Telecom Holding and CIB Are Active

HONG KONG (Reuters) - Chinese developer Yuexiu Property (0123.HK: Quote , Profile , Research , Stock Buzz ) said on Monday it sold one of the world's tallest buildings, a skyscraper in the southern city ...

MILAN, May 28 (Reuters) - Italian two-year borrowingcosts rose to their highest since December at a sale ofzero-coupon paper on Monday as the prospect of a possible Greekeuro exit and Spain's banking woes ...

Concern over the bailout plans for troubled Spanish lender Bankia and the country's ability to finance itself sent the nationalized bank's share price plummeting and Spain's borrowing costs soaring Monday.Bankia's ...

China should further open its fledgling services sector to foreign investment to help sustain its economic rise, World Trade Organisation Director General Pascal Lamy said on Monday. "The WTO needs ...

The dollar index retreats from 2010 highs in European trading hours on Monday as concerns that a Greek exit from the euro zone was imminent eased a fraction.

When promising tech company Subex sold $180 million in five-year convertible bonds in March 2007 to fund the acquisition of a Canadian technology company, India was at the height of an unprecedented market ...

Bankia shares sink over 20%, weighing on Spain’s stock market and bonds, on Monday as investors weigh up last week’s €19 billion bailout need for the ailing lender and broader implications for the euro ...

European stocks rose for a third straight session on Monday and the euro edged up, as Greek polls showed growing support for pro-bailout parties, yet Spain's debt yields hit a record high as the government ...

MILAN, May 28 (Reuters) - Italian two-year borrowing costsrose to their highest since December at a sale of zero-couponpaper on Monday as the prospect of a possible Greek euro exitand Spain's banking woes ...

Euribor rate falls extended by ECB rate cut view

SINGAPORE, May 28 (IFR) - It was a slow start to the week,with many regional debt players out today on the back of the USMemorial Day holiday and Korea out for the Buddha's birthdayholiday. Still, this ...

(Updates to close)* HSI up 0.5 pct, CSI300 jumps 1.6 pct* HK bourse turnover 31 pct below 20-day average* China autos strong on policy boost, BYD an exception* China infrastructure-related sectors extend ...

By Huw Jones LONDON, May 28 (Reuters) - Britain's banks must postinformation in branches and on websites by September spellingout clearly who will reimburse customer deposits if the lendergoes bust, the ...

HANOI, May 28 (Reuters) - Vietnamese stocks ended down inlacklustre trade as investors were still concerned aboutcompanies' access to loans despite a cut in key rates by thecentral bank, analysts said.Foreigners ...

HONG KONG, May 28 (Reuters) - Chinese developer YuexiuProperty said on Monday it sold one of the world'stallest buildings, a skyscraper in the southern city ofGuangzhou, into its affiliated real estate ...

* Spanish/German yield spread hits euro-era high 512 bps* Rising Bankia bailout costs weigh, yield hits 6.5 pct* Bunds steady as Greek polls give pro-bailout parties leadBy William James LONDON, May 28 ...

Ukraine will have to make significant increases in the price of gas for domestic consumers to get funds flowing again under its suspended International Monetary Fund bailout, the head of a visiting Fund ...

KIEV, May 28 (Reuters) - Ukraine will have to makesignificant increases in the price of gas for domestic consumersto get funds flowing again under its suspended InternationalMonetary Fund bailout, the ...

By David Jones LONDON (Reuters) - British drinks group Diageo (DGE.L: Quote , Profile , Research , Stock Buzz ) is buying a maker of Brazil's most popular spirit, cachaca, for about 300 million pounds ...

MOSCOW, May 28 (Reuters) - Polyus Gold, Russia'slargest gold producer, reiterated on Monday it paid 26.23roubles ($0.82) per share in dividends for the first nine monthsof last year and said it will not ...

SHANGHAI, May 28 (Reuters) - Shanghai Port, the world'sbusiest container port, will likely see throughput growth slowto 2 to 3 percent this year from around 9 percent last year,said Zhuge Yujie, president ...

(Corrects table issued on May 21 to identify imports from South Sudan) BEIJING, May 21 (Reuters) - The following table shows China's crude oil imports and exportsas well as countries of origin and destination ...

U.K. stocks follow a risk-on trend in European markets on Monday, after weekend polls in Greece put the conservatives in the lead ahead of next month’s election.

Europe Stocks Rise

May 28 (Reuters) - Industrial & Commercial Bank of China Ltd* Moody's Disclosures on Credit Rating of Industrial & Commercial Bank of China Ltd'saffiliate

CAIRO, May 28 (Reuters) - Cairo-based Orascom Telecom said on Monday that an Algerian court had confirmedfines against its Algerian subsidiary but had suspended a jailsentence on a member of the unit's ...

Oil Climbs for Third Day on Greece Outlook, Iran Nuclear Tension

Britain's benchmark share index rose for a third consecutive day on Monday, helped by hopes of an election victory for Greek parties committed to keeping the country in the euro zone, although traders ...

(The following statement was released by the rating agency)May 28 - Fitch Ratings (Thailand) has assigned Small and Medium Enterprise Development Bankof Thailand (SME Bank) a National Long-Term Rating ...