Financials

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China shares stretch winning streak into 4th day

HONG KONG, May 20 - China shares posted their fourth-straight gain on Monday, helped by financials and consumer discretionary counters after data showed new home prices rose in April at their fastest year-on-year pace in two years.

12:36pm IST

CME to launch palm oil swaps contract on June 3

SINGAPORE, May 20 - CME Group will introduce a U.S. dollar-denominated palm oil swaps contract on June 3 pending regulatory review, the exchange said on Monday, tapping growing demand to manage price volatility of the food and fuel commodity.

12:34pm IST

Indonesia will name investment chief as new finance minister - media

JAKARTA, May 20 - Indonesia's investment board chief Chatib Basri will be named the country's new finance minister, the Jakarta Globe daily quoted the industry minister as saying on Monday.

12:33pm IST

RPT-Fitch Rates State Grid Corporation of China's USD bonds Final 'A+'

May 20 - (The following statement was released by the rating agency)

12:31pm IST

Philippine c.bank further limits access to special deposit accounts

MANILA, May 20 - The Philippine central bank has narrowed banks' access to short-term special deposit accounts (SDAs), the latest in a series of moves to tweak a liquidity facility that has attracted a high volume of funds and contributed to financial strains on the monetary authority.

12:28pm IST
BSE OIL & GAS +0.50%
BSE BANKEX -0.18%
BSE-IT +0.45%
BSE METALS +0.80%
BSE REALTY +0.96%
BSE AUTO +1.93%
BSE POWER +0.05%
BSE-FMCG +0.31%
BSE-CG -0.01%
BSE-HC -0.72%

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Chinese Premier seeks trust in India, border issue irks

NEW DELHI - Chinese Premier Li Keqiang is seeking to build trust with India on his first foreign trip since taking office, which comes just a few weeks after a military standoff between the Asian giants on their ill-defined border in the Himalayan mountains.