Asia ETF News Older Than 1 year-If your looking for specific news, using the search function will narrow down the results
Securities Commission Malaysia (SC) -Capital market laws amended to drive innovation and promote market efficiency
January 2, 2013--Securities Commission Malaysia (SC) today announced the coming into force of the Capital Markets and Services (Amendment) Act 2012 (CMSA 2012), together with the issuance of several guidelines, which aim to encourage market and product innovation, promote market efficiency, and allow more informed investment decisions.
CMSA 2012 introduces a new approval framework that will facilitate the offering of a broader array of capital market products, which will effectively benefit issuers, intermediaries and investors.
The new approval framework distinguishes listed and unlisted capital market products given their distinct characteristics and differing risk profiles and applies the appropriate level of regulation commensurate with the risks attached. This enhances approval efficiency without compromising investor protection.
The SC has also released the Business Trusts Guidelines which allows for greater fund raising flexibility and provides investors with an opportunity to invest in a new asset class. The Guidelines on Private Debt Securities and Sukuk have also been revised to allow public listed companies and banks to offer bonds and sukuk to retail investors.
view more
Source: Securities Commission Malaysia (SC)
China's economy ends year on high note
China's economy has ended the year on a strong note with two indices showing continued expansion of the country's manufacturing sector.
January 1, 2013--China's economy has ended the year on a strong note with two indices showing continued expansion of the country's manufacturing sector.
The official purchasing managers' index, published on Tuesday, showed that the pace of expansion last month held steady from November.
November's 50.6 reading had marked a seven-month high. Readings above 50 per cent signal expansion.
view more
Source: Moneycontrol.com
Finance Ministry to delay launch of PSU's exchange traded fund
December 31, 2012--With the blockbuster response to the NMDC issue, the finance ministry is planning to push back the launch of the exchange traded fund of listed state-owned units and to 2013-14 will instead concentrate only on public offers in the current fiscal.
“There is still a lot of planning involved for the ETFs and its unlikely to be finalised by March. The thinking now is to launch it in early 2013-14,” a senior finance ministry official said.
view more
Source: The Indian Express
Finance Ministry to delay launch of PSU's exchange traded fund
December 31, 2012--With the blockbuster response to the NMDC issue, the finance ministry is planning to push back the launch of the exchange traded fund of listed state-owned units and to 2013-14 will instead concentrate only on public offers in the current fiscal.
“There is still a lot of planning involved for the ETFs and its unlikely to be finalised by March. The thinking now is to launch it in early 2013-14,” a senior finance ministry official said.
view more
Source: The Indian Express
China's Guotai first in line to track Nasdaq 100
December 31, 2012--China's Guotai Asset Management aims to launch the country's first cross-border exchange traded fund investing in the Nasdaq 100 Index, but the time difference between stock exchanges in China and the US could become a major product design challenge.
The Shanghai-based company submitted its application for the Guotai Nasdaq 100 ETF this month.
view more
Source: FT.com
Shanghai Futures Exchange to open up to foreign players
December 28, 2012--The Shanghai Futures Exchange (SHFE) will open up to foreign institutions and develop options and other derivative contracts under a plan to become a leading Asia-Pacific bourse over the next five years.
China's only metals futures exchange will broaden its contract offerings beyond commodities and will continue actively developing crude oil futures, financial derivatives, index futures and metals futures options over the next five years, Chairman Yang Maijun said in a new five year development plan for 2013 to 2017.
view more
Source: Reuters
Nikkei notches up best year since 2005
December 28, 2012--The Japanese stock market has completed its best year since 2005 as investors were swept up by the business-friendly rhetoric of Shinzo Abe, confirmed this week as the country's new prime minister.
The benchmark Nikkei 225 stock average closed on Friday at 10,395, its highest level since March 2011, bringing total gains for the year to 23 per cent. The stock market will be closed next week until Friday for the new year holidays.
read more
Source: FT.com
China consumers driving economic rebound: survey
December 26, 2012--China's consumers are leading an uneven recovery in the world's second biggest economy that has retailers expecting stronger sales in six months, early results of a national survey showed on Wednesday.
The China Beige Book survey of more than 2,000 executives revealed that the retail sector had the strongest revenue growth and business expectations in the fourth quarter of 2012.
The survey broadly detected a mild economic recovery with the hard-hit sectors of real estate, mining and manufacturing - to a lesser extent - joining retail at the head of the upswing.
view more
Source: Reuters
Yen slides to two-year low on Japan easing view, euro firmer
Abe voted in as Japanese prime minister
BoJ minutes show some called for action if economy worsens
Euro hits 16-month high vs yen
December 26, 2012--The yen dropped to a more than two-year low against the dollar on Wednesday, after Shinzo Abe
assumed office as Japan's new prime minister and repeated his pledge to push for more drastic monetary and fiscal measures and tame the strong Japanese currency.
Meanwhile the euro traded above $1.32 against the U.S. dollar for a seventh straight session and in midday New York
trading was firmer on the day. Traders said the euro's gain was due to position adjustment going into the end of the year, with investors continuing to reduce short bets on the currency.
view more
Source: Reuters
Mirae launching Asia's first physical copper ETF
December 23, 2012--Mirae Asset Global Investments is launching Asia Pacific's first physically backed copper exchange traded fund.
The new ETF, listed on the Korea Exchange, tracks the S&P GSCI Cash Copper, developed by S&P Dow Jones Indices to replicate the daily return of a physically backed copper investment after the deduction of storage costs.
view moe
Source: FT.com
If you are looking for a particuliar article and can not find it, please feel free to contact us for assistace.
