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Asia-Pacific News Australasia

  • SYDNEY, Oct 3- Sales of new homes in Australia fell to a 15- year low in August, an industry survey showed on Wednesday, in a sign more cuts in interest rates might be needed to revive the long-suffering housing sector. The Housing Industry Association said its survey of large builders showed sales of new homes dropped 5.3 percent in August, compared to July.

  • *China, South Korea on holidays. TOKYO, Oct 3- The dollar firmed and most riskier assets edged lower on Wednesday as uncertainty over the timing of Spain's request for an international bailout added to worries about slowing global growth. The MSCI index of Asia-Pacific shares outside Japan.

  • GLOBAL MARKETS--US stocks flat, euro up as Spain bailout in focus. -San Miguel Brewery Inc to list 2017 Series D bonds for trading on the Philippine Dealing& Exchange Corp platform. -Ninth meeting of the Asia-Pacific Tax Forum, Makati Shangri-La Hotel, Makati City.

  • TAIPEI, Oct 3- Following are news items and media reports that may affect the Taiwan stock market. REUTERS HEADLINES> Google withdraws patent complaint against Apple. and Hon Hai in 2013.-- AU Optronics.

  • WELLINGTON, Oct 3- APN News& Media Limited. confirmed on Wednesday that a strategic review of its New Zealand assets was ongoing, but it has nothing to announce at this stage. APN shares jumped 18 percent to NZ $0.53 on Wednesday on market speculation of the strategic review.

  • MELBOURNE, Oct 3- Australian shares rose 0.3 percent to a fresh five-month high on Wednesday, lifted by gains in top banks even as miners lost ground. was up 12 points at 4,444.7 by 0017 GMT, its highest since May 1. ()DIARIES& DATA: IPO diary& data Asia earnings diary U.S. earnings diary European diary Australia diary Wall Street Week Ahead Eurostocks Week Ahead.

  • SINGAPORE, Oct 3- U.S. crude slipped below $92 a barrel on Wednesday, pressured by worries of slowing economic growth in the main consumer nations, while the festering euro zone debt crisis added to uncertainty. was down 24 cents at $91.65 a barrel by 0009 GMT, after settling down 59 cents at $91.89 on Tuesday.

  • Oct 3- APN News& Media Ltd:.

  • GLOBAL MARKETS-US stocks flat, euro up as Spain bailout in focus. -Keppel Corp is in talks with Malaysian state oil firm Petronas to invest in a new gas-fired power plant in Johor that could supply electricity to Singapore, the Straits Times reported without identifying its sources.

  • Sydney, Oct 2- Northwest Resources Ltd:.

  • Sydney, Oct 2- Central Petroleum Ltd:.

  • *Former international trade and industry Aziz attends Asian Business Seminar Circuit 2012 at The Ritz-Carlton Hotel, Kuala Lumpur at 0800 am. *The CNBC Summit Malaysia at Hilton Hotel, Sentral, Kuala Lumpur at 0845 am. *Halal Industry Development Corp hands flag to the Malaysian Culinary Team at Hilton Hotel, Jalan Stesen Sentral, Kuala Lumpur at 0900 am.

  • TOKYO, Oct 3- Japan's Nikkei share average is likely to slip on Wednesday amid uncertainty over whether Spain will soon ask for a bailout and concerns about flagging global growth, and as investors await big events later in the week.

  • SYDNEY, Oct 3- Activity in Australia's services industry continued to contract in September, a survey showed on Wednesday, with firms complaining of weak demand from the struggling manufacturing and construction sectors.

  • CANBERRA, Oct 3- Australian shares are set to open higher on Wednesday, extending recent gains after the Reserve Bank of Australia cut its main cash rate, although uncertainty over Europe's debt crisis and China's growth will still weigh on investor sentiment.

  • Sydney, Oct 3- Metallica Minerals Ltd:. *Mou strategic alliance- KBM Afflilps. *Says strategic alliance with KBM for scandium supply- and aluminium-scandium.

  • Oct 3- Skywest Airlines Ltd:. *BHP Billiton iron ore selected co as preferred vendor to provide air charter. commence with twice-daily flights between Perth and newman once a week.

  • WELLINGTON/ SYDNEY, Oct 3- The Australian dollar languished around a one month low on Wednesday in the wake of the Reserve Bank of Australia rate cut, while the New Zealand dollar sat at the bottom of its recent range amid conflicting signals on whether Spain will seek a bailout.

  • *India is largest source of migrants to Australia. SYDNEY, Oct 3- India's wealthy, from old money to nouveaux riches IT entrepreneurs, are quietly snapping up hotels and mines Down Under just as Australia embarks on an immigration campaign to attract long-term investment.

  • *Chicago Fed warned of need for "kill switch" in 2010* SEC can't impose limits on HFT without consensus-official* Some traders are trying to build HFT-free trading zone* Retail investors looking for SEC to lead on HFT reform By Emily Flitter and Sarah N. Lynch. Only now is the SEC getting around to taking a closer look at some of those issues.