Bharti Airtel Exploring Share Issue to Pare Debt -Report
India's Bharti Airtel Ltd. (532454.BY) is exploring issuing new shares to the public or institutional investors for the first time since 2002 to pare its massive debt, the Economic Times website reported Tuesday, citing two people aware of the matter.
Singapore June Bank Loans S$452.57 Billion Vs S$444.98 Billion in May
The Monetary Authority of Singapore on Tuesday released the following provisional bank lending data for June: June Year Earlier May Total S$452.57B S$374.32B S$444.98B Housing/Bridge S$139.69B S$121.34B S$137.71B Professionals & Private Individuals S$5.84B S$3.87B S$5.91B Building/Construction
Hong Kong Stocks Rise; HSBC, Property Shares Gain
Hong Kong stocks advanced Tuesday, on course for a fourth straight day of gains amid hopes for monetary stimulus from global central banks, with heavyweight HSBC Holdings PLC rising after posting half-yearly results.
Australian June Building Approvals Fell 2.5%
The total number of Australian houses and apartments approved for construction fell 2.5% to a seasonally adjusted 13,336 in June from May, the Australian Bureau of Statistics said Tuesday.
Brazil TIM 2Q Net Profit Falls 0.9% to BRL346.8 Million
Brazilian mobile telecom operator TIM Participacoes (TIMP3.BR, TSU) posted net profit of 346.8 million Brazilian reais ($170 million) in the second quarter, down 0.9% from the same period a year ago, the company reported Monday.