The Securities and Exchange Commission has approved the application of the Philippine Stock Exchange Inc. for exemptive relief in its bid to acquire additional Philippine Dealing System Holdings Corp. shares.
China's consumer prices fell the fastest in three years in November while factory-gate deflation deepened, indicating rising deflationary pressures as weak domestic demand casts doubt over the economic recovery.
Asian shares started cautiously on Monday ahead of a week packed with a quintet of central bank meetings and data on U.S. inflation that could make or break market hopes for an early and rapid fire round of rate cuts next year.