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Asia shares up on optimism over trade talks, stimulus

SYDNEY: Asian share markets firmed on Monday as investors dared to hope for both progress at Sino-U.S. trade talks in Washington this week and more policy stimulus from major central banks.

MSCI's broadest index of Asia-Pacific shares outside Japan added 0.3 percent, partially recovering from a sharp fall last Friday.  Japan's Nikkei climbed 1.6 percent to hit its highest for the year so far, while Australia's main index rose 0.7 percent. E-Mini futures for the S&P 500 were flat, with trade thinned by a holiday in U.S. markets.

India’s sleepwalking to trouble on builder debt

Five months. That’s how long it takes Country Garden Holdings Co to start selling apartments after acquiring land. A spate of fatal accidents forced the Chinese builder to slow things down a notch last year, but the pace of construction may pick up again when robots start plastering the walls.

Uber posts US$50bil in annual bookings

SAN FRANCISCO: Uber Technologies Inc had US$50bil in total bookings for its ride-service and food-delivery businesses last year, a testament to the size and global reach of the company as it prepares to woo investors in one of the biggest public stock listings to date.

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