Data deluge puts Japan in spotlight this week Japan should remain the key focus for Asian markets in the week ahead as investors look to a slew of data on tap to confirm that the economic giant is poised for a comeback.
| By: See Kit Tang
In China, P2P lenders offer some relief to small entrepreneurs SHANGHAI/ HONG KONG, May 25- When Chinese flight booking operator Baitour needed cash to grow its business last year, it opted against using Industrial and Commercial Bank of China, its long-term lender and the world's largest bank, turning instead to Internet finance startup Jimu Box. For Baitour, getting funds via Jimu Box, a peer-to-peer online platform that...
| By: Engen Tham and Deena YAO
Pacific free-trade talks "in the end-game" - US trade official BORACAY, Philippines, May 24- The United States is optimistic a deal to set up a free trade zone across the Pacific will be concluded soon, with sensitive issues likely to be ironed out when its Congress resumes sessions, the top U.S. trade official said on Sunday. The 12- nation Trans-Pacific Partnership, which will cover about 40 percent of the world's economies,...
| By: Rosemarie Francisco
China's Hanergy undone in a few minutes of frantic trading HONG KONG, May 23- Not long after Hanergy Thin Film Power Group began its annual shareholder meeting at a plush Hong Kong hotel this week, the Chinese solar company's shares went into free fall. Once the meeting was under way, several massive sell orders involving millions of shares overwhelmed the market, according to an analysis of Thomson Reuters trade log data.
| By: Elzio Barreto and Saikat Chatterjee
Pipeline spill could further hamper big California oil projects HOUSTON, May 22- Hundreds of barrels of oil that gushed from a ruptured coastal pipeline in scenic California this week could stiffen opposition to large oil projects that companies want to build in the state, notably those to deliver cheap U.S. crude on trains. A leak of 100,000 barrels of crude off Santa Barbara in 1969 led to bans on new leases for offshore...
| By: Kristen Hays
Fast Money summer vacation The FM traders share their top summer vacation stock picks, including Disney and Boston Beer.
These 7 stocks are like giant piggy banks If you like cash, you'll love seven stocks in the S&P 500 where cash and investments account for 40% or more of their stock prices, USA Today reports.
Source: USA Today
| By: Matt Krantz