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Tuesday, November 24th, 2020

Dow Jones Asia-Pacific Top Stories Sked for December 29

by December 29, 2016 General

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:
China to Step Up Audits on Outbound Investments – Auditor-General
China’s top auditor said Thursday that the National Audit Office will step up checks on outbound investments by state companies and national assets abroad. (published 0538 GMT)
Former BOJ Deputy Governor: Zero Yield Target Is Unsustainable
The Bank of Japan could face pressure to raise its long-term interest rate target next year if U.S. policy causes global yields to climb, a former deputy governor of the central bank said. (published 0402 GMT)
ASL Marine Seeks Bond Holders’ Consent to Extend Maturity on S$150 Million of Bonds
ASL Marine Holdings Ltd. said Thursday it is seeking approval from the holders of 150 million Singapore dollars of its bonds to change the terms of the notes, including extending the maturity date. (published 0436 GMT)
Many BOJ Board Members Pushing to Continue Ultra-Easy Policy
A majority of the board members at the Bank of Japan want to maintain an ultra-easy policy, with one policymaker calling for keeping long-term interest rates at zero for a “considerable” time to boost inflation, according to a summary of their opinions released Thursday. (published 0109 GMT)
Modern Land China Seeks to Sell Up to US$150 Million Worth of USD Bonds Due 2019 — Term Sheet
Modern Land Co., Limited is seeking to sell up to US$150 million worth of additional three-year, U.S. dollar-denominated green bonds due 2019 that were initially issued at a coupon of 6.875% in October, according to a term sheet seen Thursday by The Wall Street Journal. (published 0112 GMT)EQUITIES:
Sunshine Oilsands: To Raise HK$43.5 Million Via Private Share Placement
Sunshine Oilsands Ltd. said Thursday it is seeking to raise 43.5 million Hong Kong dollar from a private share placement to Zhengwei International Investment and Management Co., Ltd., and added it will apply the net proceeds toward general working capital. (published 0457 GMT)
Vietnam’s VPBank Finance Secures $100 Million Loan Arranged by Credit Suisse
Vietnam’s VPBank Finance Co. has secured a $100 million loan arranged by Credit Suisse AG Singapore to supplement working capital, the Swiss investment bank’s unit said Thursday. (published 0349 GMT)
Coastal Greenland Sells China Unit to Yuzhou Properties for CNY3.59 Billion
Coastal Greenland Ltd. said it has signed a deal with Yuzhou Properties Co. Ltd. to sell a Chinese real estate investment unit for 3.59 billion yuan . (published 0055 GMT)
Apple and Samsung Missed Holiday Smartphone Sales Opportunities, Say Analysts
In the continuing smartphone battle between Apple Inc. and Samsung Electronics Co., the week leading up to Christmas didn’t provide much joy for either. (published 0007 GMT)
Asia Shares Slip on U.S. Lead; Toshiba’s Options Narrow — Update
Major Asian markets were broadly trading sideways to slightly lower Thursday following declines on Wall Street. (published 0436 GMT)ENERGY/COMMODITIES:
Oil Prices Fall on Unexpected Growth in U.S. Crude Stocks
Oil prices fell in Asia trade Thursday after an industry group data showed U.S. crude inventories likely expanded last week, upending the market’s expectations for lessened growth or a contraction. (published 0309 GMT)