Asia Top News and Analysis China


  • *Asian shares rose on Tuesday but were capped by concerns over global growth prospects, especially in the world's second-biggest economy China, and expected weak U.S. corporate earnings.

  • TOKYO, Oct 9- Japanese film and medical equipment maker Fujifilm Holdings Corp has had some sales deals in China put on hold amid anti- Japan sentiment triggered by a territorial dispute, its CEO said on Tuesday.

  • SEOUL, Oct 9- Isolated North Korea has rockets that can hit the U.S. mainland, it said on Tuesday, two days after South Korea struck a deal with the United States to extend the range of its ballistic missiles.

  • Stock markets gains in Asia came despite the International Monetary Fund cutting its forecast for global economic growth, just a day after the World Bank issued a warning about a slackening expansion in Asia. "Asia has grown nearly 32 in the four years since Lehman Brothers collapsed," analysts at DBS Bank Ltd. in Singapore said in a market commentary. "

  • BEIJING, Oct 9- China will keep monetary policy flexible and pre-emptive to support activity in an economy still facing relatively big downward pressure, central bank governor Zhou Xiaochuan said.

  • TOKYO, Oct 9- Asian shares rose on Tuesday but were capped by concerns over global growth prospects, especially in the world's second-biggest economy China, and expected weak U.S. corporate earnings.

  • *Softbank falls, beaten by KDDI on sales of iPhone 5. TOKYO, Oct 9- Japan's Nikkei share average dropped in early trade on Tuesday on growing concern that companies will slash full year forecasts when they release quarterly earnings, after the World Bank warned China's slowdown may be more protracted than thought.

  • Global Growth Outlook Gloomy, but US a Bright Spot: Pro

    Lee Boon Keng , Head of Investment Solutions Group at Julius Baer, says despite the weak global growth forecasts by the World Bank and the IMF, a key positive for investors is the improving U.S. economy.

  • SEOUL, Oct 9- South Korean stocks rebounded on Tuesday morning, propped up by bellwether Samsung Electronics, which gained for a third straight day after better-than-expected earnings estimates.

  • HONG KONG, October 09 Fitch Ratings has assigned Hong Kong- based Lifestyle International Holdings Limited's proposed 10- year USD notes expected ratings of' BBB-'. The ratings reflect Lifestyle's leading position among Hong Kong department stores, supported by strong brand names, "Sogo" and "JiuGuang".

  • A receptionist sits behind the counter at the Huawei office in Wuhan, central China's Hubei province.

    Chinese telecoms giant Huawei Technologies Co. rejected a recent media report that it is seeking a public listing on the U.S. stock market. The Caixin reports.

  • BANGKOK, Oct 9- Following is some company-related and market news which could have an impact on the local market. SE ASIA STOCKS-Most retreat amid global concerns; Jakarta off record STOCKS TO WATCH-- POLYPLEX PCL.

  • *Australian growth at risk with mining slowdown* IMF cuts China growth forecast to 7.8 pct for 2012. By Sonali Paul MELBOURNE, Oct 9- Top global miner BHP Billiton.

  • A man looks Samsung Electronics products at its showroom in Seoul on January 7, 2010. South Korea's Samsung Electronics said it expects to post an estimated 3.3 billion USD profit for the fourth quarter to December last year

    Business executive Tan Hong joined Samsung Group's China home appliance division in 1995 and was immediately impressed by the South Korean behemoth's culturally sensitive interest in Chinese consumers.

  • HONG KONG, Oct 9- ZTE Corp's shares fell by more than two percent on Tuesday after the U.S. Congress issued a report urging U.S. companies to stop doing business with Chinese telecom equipment makers.

  • SHANGHAI, Oct 9- China Molybdenum Co Ltd. China Molybdenum, a major Chinese producer of tungsten and molybdenum also listed in Hong Kong, opened at 8.70 yuan compared with its IPO price of 3.00 yuan. The company raised only 600 million yuan through its share offering in Shanghai, reflecting slack demand for resource-related firms amid a slowing economy.

  • HONG KONG, Oct 9- Hong Kong shares were set to open higher on Tuesday, with gains in financials helping the benchmark to recover after the previous session's losses. The Hang Seng index was seen opening up 0.5 percent at 20,926.8 points while the China Enterprises index was indicated to open up 0.7 percent. Keywords: MARKETS HONGKONG CHINA STOCKS/OPEN.

  • SHANGHAI, Oct 9- The non-performing loan ratio for banks in China's entrepreneurial hub of Wenzhou has surged this year, official media reported on Tuesday, the latest sign of declining credit quality at Chinese banks amid a slowing economy.

  • Yuan to Appreciate More Next Year: Strategist

    Dariusz Kowalczyk, Senior Economist & Strategist, Asia ex. Japan at Credit Agricole says the Chinese yuan has been trading at the top of its daily trading range as domestic companies are confident about the country's growth outlook. He says the currency will continue to appreciate next year.

  • TAIPEI, Oct 9- Taiwan stocks traded flat after a fall at the opening on Tuesday, while HTC. The Taiwan dollar was up by T $0.113 to trade at T $29.289. ASIA-PACIFIC STOCK MARKET REPORTS: Japan..........