None country has been saved from the devastating impact of global crisis. But the Asian markets, in the recent times have been hot really hard by the global financial crunch. The market analysts have informed that the downturn in the Asian market has pushed the investors to withdraw themselves from investing.

Typhoon Nesat closed entire working of financial markets in Hong Kong on September 29. However, chances seem higher that the companies, including Angang Steel, HSBC and Lenovo Group could face or forced to make some big changes in their prices when trading in the region resumes.

In a major change in the workforce, Nadia Schiavon has been roped in to lead treasury services, Australia & New Zealand by J. P. Morgan Treasury Services.

Temasek’s decision of investing in Asia has benefited its portfolio. In the economic year 2011, Temasek has done 13 major investments. Out of 13 investments, nine were done in Asia. The slowdown in the market and the Greece crisis didn’t mar the portfolio of the investment company.

With the austerity measures being considered by parliament of Greece, the Australian bond market finished at a weak state. It has gone down by almost 1 % as the investors are waiting for the parliament’s decision.

Preliminary data from Dealogic has suggested that revenue from advisory work related to mergers and acquisitions as well as from raising capital in the equity and debt markets hit a record $6.4 billion across the Asia Pacific region for the first six months of the year.

For the three month period ended December 2010, HDFC's net profit grew by 33% to Rs 891 crore as against Rs 671 crore during the same period of 2009.

The company recorded this growth on account of increase in disbursements as well as sturdy returns from sale of investments.

For the quarter ended June 30, Housing finance major HDFC Ltd has registered an increase of 23% in its net profit, which stood at Rs 695 crore as against Rs 565 crore during the same period of 2009.

Mr. Keki Mistry, CEO and Vice-Chairman, stated that the increase in profits was owing to augmentation in interest income as HDFC had nil profit from sale of investments in the just-ended period.

Home loan major HDFC aims to raise Rs 4,300 crore from the issue of Non-Convertible Debentures (NCDs) for that it has begun institutional placement of debt securities on Monday.

According to investment banking sources, HDFC’s QIP is expected to close tomorrow. The amount to be raised via NCDs would be about Rs 4,000 crore, they added.

Anil Dhirubhai Ambani Group company Reliance Money revealed that it has linked up with Singapore-based DBS Vickers Securities, to facilitate trading in global commodity exchanges for Indian companies.

The sources said that under the said pact, the firm would offer trading facilities for different derivatives including agricultural products, metal and energy products, which are traded on various major exchanges worldwide.