Asian Market Commentary
Asian Markets End In Negative Territory On Economic Concerns
Friday November 20, 2009 07:13:00 EST
(RTTNews) - The markets across Asia ended in negative territory on Friday, taking cues from Wall Street where the major averages ended lower on concerns about sustaining the economic recovery following weak economic data. Strengthening of the dollar and drop in commodity prices also impacted m (continued...)
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Singapore News
Xinfei Electric Denied Stake Sale Rumor
Friday November 20, 2009 07:10:53 EST
BEIJING, Nov 20, 2009 (SinoCast Daily Business Beat via COMTEX News Network) --
Singapore-based Hong Leong Group was said to sell its approximate 90% stake in Henan Xinfei Electric Co., Ltd. at a price of more than USD 700 million.
The rumored potential buyers included Panasonic, Electro (continued...)
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Currencies
| SGD | USD | MYR | THB | |
| SGD | 1.00 | 0.7202 | 2.43896 | 23.9251 |
| USD | 1.3885 | 1.00 | 3.3865 | 33.22 |
| MYR | 0.41001 | 0.29529 | 1.00 | 9.80954 |
| THB | 0.0418 | 0.0301 | 0.10194 | 1.00 |


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