German truck parts maker Jost plans Frankfurt IPO in H2
FRANKFURT, June 26 German truck and trailer parts maker Jost plans to list on the Frankfurt stock exchange in the second half of 2017, the group said on Monday.
May 8 Australia's No.2 lender Westpac Banking Corp said first-half cash profit rose 3 percent benefiting from improved credit quality and robust performance in markets business.
Cash earnings climbed to A$4.017 billion ($2.98 billion) for the six months ended March 31 compared with A$3.904 billion a year ago.
That was in line with a A$4.02 billion estimate of four analysts polled by Thomson Reuters I/B/E/S.
Australia's oldest bank declared an interim fully franked dividend of A$0.94 per share, unchanged from A$0.94 a year ago.
The outlook for Australian banks, which are highly reliant on mortgage loans, has dimmed after the country's prudential regulator announced on March 31 new limits on some types of lending in an attempt to cool the red-hot housing market. ($1 = 1.3492 Australian dollars) (Reporting by Rushil Dutta in Bengaluru; Editing by Sandra Maler)
By Nicole Pinto June 26 Stock markets in Thailand and Vietnam edged up on Monday, in line with broader Asia, but trading was thin as all the other markets in Southeast Asia were closed for the religious holiday of Eid al Fitr. MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.4 percent. Oil prices rose more than 1 percent on a weaker dollar, but another rise in U.S. drilling activity stoked worries that a global supply glut will persist despite a