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Japan:
Second India-Japan strategic dialogue on economic issues
China:
India-Brazil-South Africa to cooperate in health sector
South Korea:
South Korea Gives US Beef The All Clear
India:
Indian government approves re-structured APDRP
Pakistan:
Restoration of Indo-Pak dialogue to push trade
Singapore:
India-Brazil-South Africa to cooperate in health sector
Thailand:
Fastest Growth for Thailand Economy in Six Quarters
Taiwan:
Taiwan Enjoy Expanded Trade Surplus
Indonesia:
Central Bank Chief Of Indonesia Detained
Malaysia:
Malaysia economy grows and banking liberalises
Possible merger of Chinese exchanges
by Brian TurnerThe possibility of a future merger of the Shanghai and Shenzhen stock exchanges is said to be signaled by the launch on April 8 of a joint benchmark index of China’s top 300 companies by the two exchanges.
The launch of the new index might also shake up an equity market that has been seeing tough times, with the Shanghai composite index having hit a six-year low in March.
Much of the trouble is due to fears of that a quick sell-off of government shares in Chinese companies would dilute the worth of private investors’ holdings. The government holds two-thirds of the shares in Chinese companies.
The new joint index will also make possible the expansion of futures trading in China at some point in the future.
Currently, only commodities futures are allowed by the Chinese government, but the success of those futures could spur the government to approve the trading of other kinds of futures at some point.
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