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Dow Jones Asia-Pacific Top Stories Sked for March 23

23 Mar 2017 6:00 am
 

Following are the top Asian-Pacific stories featured on Dow Jones Newswires as of 0600 GMT. Not all stories appear on all wires.
 

MACRO/FOREX/FIXED INCOME:
 
Singapore CPI Up 0.7% in February, Meeting Expectations -- Update 

Singapore's consumer prices rose as expected in February, as fuel and transportation costs firmed. (published 0512 GMT)
 

EQUITIES:
 
Korea's Daewoo Shipbuilding Offered $2.6 Billion Bailout Package 

Daewoo Shipbuilding & Marine Engineering Co.'s state-run creditors on Thursday announced a 2.9 trillion won rescue package for the South Korean shipbuilder, which has been hit by huge losses from its offshore projects. (published 0223 GMT)
 
MSCI Again Considers Adding China Shares to Emerging-Market Index 

Index provider MSCI Inc. has kicked off its annual review to determine whether to add domestic Chinese shares to its global benchmarks, a step that could potentially divert billions of dollars of capital to Asia's biggest markets. (published 0418 GMT)
 
Microsoft Licenses Patents to Toyota In Bid For Bigger Car-Tech Role 

Microsoft Corp. agreed Wednesday to license a batch of patents to Toyota Motor Corp. as part of the software giant's effort to leverage its vast intellectual-property portfolio to become a key provider of connected-car technology. (published 0127 GMT)
 
Citic 2016 Net Profit Up 3.1% at HK$43.12 Billion 

Citic Ltd. reported a 3.1% rise in its 2016 net profit, partly thanks to gains from selling residential property assets in China to China Overseas Land & Investment Ltd. . (published 0449 GMT)
 
China Resources Power 2016 Net Profit Falls 23.1% 

China Resources Power Holdings Co. reported a 23.1% drop in 2016 net profit on higher coal prices and lower tariff. (published 0435 GMT)
 
China Mobile 2016 Net Profit CNY108.7 Billion 

China Mobile Ltd.'s 2016 net profit rose 0.2% from a year earlier, as strong demand for faster wireless services was offset by intensifying competition that weighed on profitability. (published 0428 GMT)
 
China Zheshang Bank to Issue US$2.175 Billion Worth of Offshore Preference Shares 

China Zheshang Bank Co. has agreed to issue US$2.175 billion worth of perpetual offshore preference shares for the replenishment of the bank's additional tier 1 capital. (published 0120 GMT)
 
Bank of Jinzhou: Plans to Raise Funds Via Issue of Offshore Preference Shares, Green Bonds 

Bank of Jinzhou Co. Ltd. plans to raise up to 10 billion Chinese yuan by issuing offshore preference shares to improve liquidity. (published 0117 GMT)
 
CITIC Securities: 2016 Net Profit CNY10.37B Vs CNY19.80B a Year Ago 

CITIC Securities Co. Ltd. Thursday said its net profit last year fell 47.6%, weighed by weak market sentiment. (published 0052 GMT)
 
China Coal 2016 Net Profit CNY1.72B Vs CNY3.27B Net Loss a Year Ago 

China Coal Energy Co. Ltd. swung to a net profit last year from a year ago, helped by higher coal prices. (published 0033 GMT)
 
Global Markets Stabilize -- Update 

Global markets stabilized after skidding a day earlier, though investors were on edge ahead of a U.S. vote on a health-care bill Thursday that could be a barometer for future Trump administration policies. (published 0432 GMT)
 
 

(END) Dow Jones Newswires

March 23, 2017 02:00 ET (06:00 GMT)

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