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Asia Top News and Analysis China


  • HONG KONG, Oct 3- Hong Kong shares are set to open flat to slightly lower after a long weekend as uncertainty over the timing of Spain's request for a bailout and worries about the global economy keep investors on the sidelines.

  • *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.

  • Philippines - Market factors to watch on Oct 3 Tuesday, 2 Oct 2012 | 8:38 PM ET

    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.

  • Ralls Corp, which is owned by two Chinese nationals, was installing wind turbines close to the training site in Oregon, which, according to the facility's web site, is used to test unmanned drones- a highly sensitive and prized U.S. technology. Ralls Corp has until Dec. 27 to comply.

  • Taiwan stocks - Factors to watch - Oct 3 Tuesday, 2 Oct 2012 | 8:33 PM ET

    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.

  • Australia shares edge up to fresh 5-month high Tuesday, 2 Oct 2012 | 8:23 PM ET

    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.

  • Singapore Stocks - Factors to watch on Oct 3 Tuesday, 2 Oct 2012 | 8:17 PM ET

    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.

  • *FX deposits in China hit record high every month since last October. During the same period, the People's Bank of China and state-controlled banks began selling off dollars from time to time, reversing a decade-old tradition of only participating in the market as a buyer of forex and prompting speculation that a wave of capital flight from China was imminent.

  • Malaysia-Market factors to watch on Oct 3 Tuesday, 2 Oct 2012 | 8:02 PM ET

    *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.

  • Nikkei set to weaken slightly on Spain worries Tuesday, 2 Oct 2012 | 7:33 PM ET

    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.

  • Areva and China's CGNPC backtrack on UK'S Horizon-FT Tuesday, 2 Oct 2012 | 7:28 PM ET

    LONDON, Oct 3- French nuclear group Areva and China's Guangdong Nuclear Power Corporation Holding have walked away from the UK's 6- gigawatt Horizon project, the Financial Times reported on Wednesday. People close to the talks, cited by the FT, said China may still invest in Horizon at a later date along with other nuclear projects in Britain.

  • Diary - Hong Kong - to Oct 9, 2012 Tuesday, 2 Oct 2012 | 7:15 PM ET

    -1100 New Times Energy Corporation Ltd. -1000 Pacific Plywood Holdings Ltd. Function Room 4, 11/ F, L'hotel Nina et Convention Centre.

  • Australia shares seen higher after rate cut Tuesday, 2 Oct 2012 | 6:51 PM ET

    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.

  • *In one case, payment of more than $7 mln held up over $100 invoice. By Ayesha Rascoe and Roberta Rampton. WASHINGTON, Oct 2- A year after the U.S. government raced to meet a deadline to finish loan agreements with dozens of clean energy companies, less than half the total money promised has been handed over.

  • Theravance in partnership on gastroparesis drug Tuesday, 2 Oct 2012 | 6:27 PM ET

    NEW YORK-- Theravance Inc. said Tuesday it formed a partnership with Italian drugmaker Alfa Wassermann SpA to develop its gastrointestinal disorder drug velusetrag. Theravance said the companies will work together on mid-stage clinical testing of the drug.

  • Mad Money, October 2, 2012 Tuesday, 2 Oct 2012 | 6:00 PM ET
    Mad Money, October 2, 2012

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

  • Cotton ekes out further gains on short-covering Tuesday, 2 Oct 2012 | 5:56 PM ET

    NEW YORK, Oct 2- Cotton prices rose for a second day on Tuesday as the market consolidated within recent ranges and on a flurry of short-covering after selling pressure in the run-up to the quarter's end last week. After hitting its high for the day at 71.92 cents, New York cotton for December delivery.

  • NEW YORK, Oct 2- Oil prices fell in choppy, light trading on Tuesday, pressured by the outlook for weak economic growth and petroleum demand, even as the risk of potential crude supply disruptions limited losses. "Profit taking out of gasoline had a significant influence on market tone today," said Timothy Evans, energy analyst at Citi Futures Perspective in New York.

  • *MP makes charge during debate on CNOOC bid for Nexen. OTTAWA, Oct 2- Canada's Conservative government will commit treason if it approves a $15.1 billion bid by China's state-owned CNOOC Ltd to buy Canadian oil company Nexen Inc, opposition Member of Parliament Pat Martin said on Tuesday.