"[Noble Group] said it had bought back 25 million of its own shares during Thursday’s session—or about 0.4% of total issued shares—for 67 Singapore cents each, costing it S$16.8 million. A total of 168 million Noble shares changed hands on Thursday, according to FactSet, more than four times its 30-day daily average trading volume."
"Noble has been under fire this year from a slew of negative research outfits, including U.S. short seller Muddy Waters LLC. A former executive at Morgan Stanley and Singapore’s sovereign-wealth fund Temasek Holdings Pte. Ltd. last month emerged as the latest critic of the company, helping to spark a renewed decline in the stock."
Noble Shares Resume Slide After Buybacks
is my attempt to share (via this website as well as twitter) relevant finance stories from Asia that I find interesting (on a daily basis).