Update 1: AirAsia Makes Solid Stock Market Debut
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AirAsia Bhd., the first low-cost carrier to be listed in Southeast Asia, made a solid debut Monday on the Malaysian stock exchange, while company officials said they&#39;ll decide within two months on plans to acquire 40 new aircraft.
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Malaysian budget airline AirAsia will buy 40 A320 aircraft from Airbus at heavily discounted prices in a deal worth about US$1.4 billion (euro1.05 billion) to kickstart its route-expansion plan, sources said Thursday.
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Asian stocks rose moderately on  Tuesday as investors sought to balance relief from lower oil  prices against signs that sustained high energy costs could  start to bite into profits and economic growth.
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Malaysia&#39;s budget carrier AirAsia is set to launch the country&#39;s biggest initial public offering this year, energizing its bid to increase its fleet nearly fourfold and challenge Asia&#39;s established airlines on lucrative routes.
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Share prices in Hong Kong rose Wednesday, led by airline stocks, on falling oil prices. The key Hang Seng Index jumped 155.70 points, or 1.2 percent, to end at 13,672.
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Air China raised USD$1.07 billion after pricing its IPO near the top of its range, sources close to the deal said on Thursday, amid strong demand for new Hong Kong listings.
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Asian stocks rose on Monday, with  China&#39;s market surging to an all-time high and South Korea also  hitting a record, as a rally in metals prices lifted miners and  a stronger dollar boosted shares in Japanese exporters.
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MUMBAI: Asian markets were up in early trades on Friday. While Tokyo Nikkei gained 119.90 points at 10966.22, Hong Kong&#39;s Hang Seng index was up 147.
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Asian shares rallied on Thursday, with Taiwan jumping more than 3 percent, as technology issues chased a rise in their U.S. peers and investors showed resilience to record oil prices.
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Wireless semiconductor supplier Skyworks reports solid first-quarter results.
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HONG KONG (Dow Jones)--Shares of Air China Ltd. (0753.HK), the country&#39;s largest airline, opened 6% higher at their debut Wednesday on the Hong Kong Stock Exchange&#39;s main board.
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Shares of ACE Aviation Holdings Inc., the new parent company of Air Canada, rose on their first day of trading after the country&#39;s largest carrier emerged from bankruptcy protection with less debt and lower operating costs.
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ACE Aviation Holdings Inc., the new holding company for Air Canada, enjoyed a strong debut Monday despite a mixed outlook for the stock from analysts.
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Asia&#39;s biggest stock exchange finished its final day of trading for the year on a high note Thursday, with stocks rallying to cap a year during which the benchmark gained nearly 8 percent on hopes Japan&#39;s economy is rebounding.
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Asian stocks briefly reached a one-month high on Tuesday with a big bank deal in South Korea helping lift sentiment, but the major currencies held steady ahead of a batch of influential U.S. data due this week.
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KUALA LUMPUR Shares of AirAsia, Southeast Asia&#39;s biggest discount airline, soared Monday, their first day of trading, on expectations that new routes to China and Indonesia and lower fuel prices would lift profit.
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Asian stock markets ended broadly higher on Thursday as investors took their cue from a late rally on Wall Street.