FDI confidence index: The Asia story
Foreign Direct Investment (FDI) is on the rise again. Overall, Asia is seen as a preferred investment destination globally, driven by the attractiveness of China and India.
However, corporate savings overhang and investor pessimism about the global economy could potentially dull the recovery of cross-border corporate investment. Asian countries should study the key learning from the experiences of China and India to competitively attract this rising FDI.
Emerging market countries in Asia are among the most attractive FDI locations in the world. In 2005, Asia FDI inflows reached US$156 billion, an unprecedented $49 billion increase from 2004. While greenfield investments continue to be the dominant form of FDI for the region, mergers and acquisitions are also playing a more important role.
Investor enthusiasm in 2005 for China and India was at an all-time high, with roughly 45% of global investors more upbeat about China and India compared to 2004.
More : bangkokpost.com
Related Travel Information
Japanese ADRs lead Asia's advance
U.S.-listed shares of Asian companies jumped Thursday, supported by gains among Japanese shares and Chinese online providers that rose on earnings.
The Bank of New York Asia American Depositary Receipt Index rose 1.47 points, or 1%, to 139.38, making it the bank's best-performing subregional index. The overall Composite Index added 0.33 points to 143.03.
Japan's ADRs were on the forward march, supported by what many see as a full-scale Japanese economic recovery.
Earlier, the Nikkei 225 Average, Tokyo's major benchmark, rose 2% to 16,096.10. See Asia Markets.
Financial shares were higher after the nation's leading business
Tokyo and region show signs of budding rebound
Japanese technology and industrial shares lifted the Nikkei Average to a modest rebound Wednesday, fronted by sharp gains in Softbank Corp., although markets around the region were mixed after continuing declines in leading U.S. indexes in New York.
The Nikkei 225 Average ended the morning session up 0.3% at 14,259.60 (JP:1804610: news, chart, profile) . The broader Topix index ended unchanged at 1,457.97.
Elsewhere around the region, South Koreas Kopsi was up 1% while Taiwans leading index gained 1.8%. Singapores leading index rose slightly.
More: marketwatch.com
Asia rallies with buoyant Wall Street
U.S.-listed shares of Asian companies bucked the flat trend in their home markets to trade higher Monday, swept up in Wall Streets rally as a series of big deals boosted sentiment.
The Bank of New York Asian ADR index was last up 2% at 135.88, while the Bank of New York Composite index gained 1.9% to 144.06.
In Asia overnight, Japans Nikkei 225 (JP:1804610: news, chart, profile) finished the day down 0.18% to 14,794.5. The broader Topix index of Tokyo-listed shares fell 0.09% to 1,514.22.
In Hong Kong, the Hang Seng Index rebounded from lows to
Decline in crude fuels rally
TOKYO Asian stocks rose Monday as lower prices for crude oil eased concern that high fuel costs would curb economic growth. LG Electronics and Honda Motor led a rebound by exporters.
"Falling oil prices boost investor confidence," said Mike Shiao, a fund manager at Invesco Taiwan in Taipei.
The Morgan Stanley Capital International Asia-Pacific Index added 0.62 points to reach 120.47 in Tokyo, its highest point since April 2000. It has risen almost 19 percent this year.
The Nikkei 225-stock average rose 218.41 points to 15,391.48. It has jumped 34 percent in 2005, and it is
Japan, Korea lead Asia ADR declines
U.S.-listed shares of Asian companies fell hard Wednesday, led by losses among Japanese and Korean names.
The Bank of New York Asia American Depositary Receipt Index fell 1.10 points to 137.32, suffering the biggest drop among the sub-regional indexes. The overall Composite ADR Index traded 0.84 points lower to 140.68. Earlier, Japan's Nikkei 225 dropped 250 points, ending 1.56 lower.
Japan's largest bank by market capitalization said a steep decline in costs associated with writing off bad loans boosted its profit. It also increased its profit and dividend guidance for the full year ending in
