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  • *HSI +0.4 pct; CSI300 flat, Shanghai -0.2 pct. *HSI set for Oct gain, CSI300, Shanghai to post monthly loss. HONG KONG, Oct 31- Hong Kong shares bounced off a near two-week low, buoyed by strength in Chinese banks after the largest, Industrial and Commercial Bank of China, posted third-quarter earnings that beat expectations.

  • *MSCI Asia ex- Japan up 0.3 pct, Nikkei gains 1.4 pct. The MSCI index of Asia-Pacific shares outside Japan rose 0.3 percent, off a two-week low hit on Tuesday. ``The U.S. has been closed two nights but Europe's been okay so there are no real negatives at this stage,'' said Winston Sammut, investment director at Maxim Asset Management in Sydney.

  • *Spot gold may rebound to $1,730/ oz- technicals.

  • HONG KONG, Oct 31- China's top four banks are on course for their weakest annual profit growth since going public, as the central bank's interest rate cuts in the middle of the year kick in, slicing lending margins.

  • *Concerns over Apple's long-term growth capped Hon Hai's share rise-analyst. TAIPEI, Oct 31- Shares of Taiwan's Hon Hai Precision Industry jumped on Wednesday after the main manufacturer of Apple Inc's products posted a sharp rise in quarterly net profit, boosted by new gadget launches by the California giant.

  • TOKYO, Oct 31- Japanese fund managers pushed their allocation for euro zone bonds to the highest level in 10 months as yields stabilised, but cut their overall exposure to bonds from last month's record high as risk appetite revived, a Reuters poll found.

  • "The divergence between banks and the real economy looks too good to be sustainable," said Stanley Li, an analyst with Mirae Asset Securities. Two main factors explained the better-than-expected performance from China's banks.

  • Among active stocks, construction equipment maker Komatsu rallied 3.2 per cent to Y1, 672 on receding concerns over its outlook following second-quarter results. Hitachi jumped 3.2 per cent to Y423 after maintaining its full-year profit forecast.

  • Shares in BG Group fell by a fifth after the FTSE 100 oil and gas group cut its production forecast for this year and next. The company attributed the slide in the production outlook to a series of deferrals or delays on projects in the North Sea, USA, Egypt and Brazil.

  • General Motors reported lower third-quarter earnings, earning solid profits in its strong US business, but weighed down by widening losses in Europe.

  • TOKYO, Oct 31- Japan's Nikkei share average was seen moving higher on Wednesday after losing 1 percent on profit-taking a day earlier when the Bank of Japan eased monetary policy in line with expectations. ``Since the reaction to the BOJ was fully priced in yesterday, I think we should bounce back today,'' said Toshiyuki Kanayama, senior market analyst at Monex. ``The index should be steady, with some small gains, although there's a lack of incentives because the U.S. wasn't open.'' Market players said the Nikkei was likely to trade between 8,850 to 8,950 on Wednesday.

  • Chinese listed companies have reported a sharp rise in unpaid bills during the third quarter, in one of the clearest signs yet of the toll that China’s economic slowdown is taking on corporate balance sheets. The FT reports.

  • Will China-Japan Political Disputes Continue to Affect Businesses?

    Vivek Vaidya, Vice President, Automotive at Frost & Sullivan explains why he does not view the political dispute between China and Japan as a game-changer for Japanese automakers in the long run.

  • HONG KONG, Oct 31- China's top four banks are on course for their weakest annual profit growth since going public as the central bank's interest rate cuts in the middle of the year kick in, slicing lending margins.

  • DETROIT, Oct 30- Ford Motor Co posted a third-quarter profit that trounced Wall Street forecasts on Tuesday, driven by higher vehicle prices and record profit margins of 12 percent in North America. Half of that jump came from North America, where Ford has earned more than $2 billion and posted margins over 10 percent for three quarters in a row.

  • Oct 30- U.S. Steel Corp, the top steel producer in the United States by volume, warned that its current quarter would be hurt by the global slowdown, joining rivals Nucor Inc and AK Steel Holding Corp in forecasting weak results.

  • Cramer: How to Buy Stocks at the Right Price

    Upon further review of third-quarter earnings, Jim Cramer found a common thread among companies that reported strong results.

  • Mad Money, October 30, 2012

    Mad Money host and former hedge fund manager, Jim Cramer, provides stock traders with all manner of investing advice.

  • DETROIT, Oct 30- Chrysler Group LLC Chief Executive Sergio Marchionne reaffirmed on Tuesday that the company is not moving Jeep vehicle production out of the United States to China after it became an issue in the U.S. presidential campaign.

  • DETROIT, Oct 30- Ford Motor Co posted on Tuesday a third-quarter profit that trounced Wall Street forecasts, driven by higher vehicle prices and record profit margins of 12 percent in North America. Half that jump came from North America, where Ford has earned more than $2 billion and posted margins over 10 percent for three quarters in a row.