DIARY For South Africa corporate diary, click on For southern and South Africa diary, click on ECONOMIC EVENTS. The dollar firmed and most riskier assets fell on Wednesday as data from China and Australia added to gloom about the global economic outlook, which already was deepened by uncertainty about the timing of Spain's request for a bailout.
*TANZANIA- Bank of Tanzania to auction a 10- year fixed rate Treasury bond. *KENYA- The Nairobi Securities Exchange and FTSE International launch the. *KENYA- Central Bank of Kenya auctions 364- day and 182- day Treasury bills.
Ipsen said that Inspiration Biopharmaceuticals had not raised third-party financing by the contractual deadline of Sept. 30 and that it was therefore no longer obligated to pay the additional $12.5 million in exchange for Inspiration equity. The parties continue to explore various options, Ipsen said.
Commodity trader Noble Group also dropped 2.3 percent to S $1.29 and Olam lost 1.5 percent at S $2.01, as data showed China's economy is likely to head for a seventh straight quarter of slowdown. 11:52 STOCKS NEWS SINGAPORE- DBS upgrades Singapore Exchange to' hold'.
SINGAPORE, Oct 3- Brent crude futures slipped towards $111 per barrel on Wednesday, hurt by persistent concerns over global growth and oil demand, while Europe's festering debt crisis added to uncertainty.
"This matter requires more attention," Jeremy Waterman, head of the U.S. Chamber of Commerce's China division, told a U.S. government panel led by the U.S.
ZURICH, Oct 3- Swiss stocks were set to open slightly weaker on Wednesday as gloomy economic data from China and uncertainty over the Spanish debt crisis were somewhat offset by continuing underlying monetary support from central banks around the world.
YAOUNDE, Oct 3- Cameroon's government has agreed to buy two Boeing 787 Dreamliners for 218 billion CFA francs for its new national carrier Camair-Co. Camair, established to replace now defunct Cameroon Air, began providing international routes to Paris and the Chadian capital N'Djamena as well as a number of domestic destinations last year.
SINGAPORE, Oct 3- Gains in prices of iron ore forward swaps this week suggest spot rates could rebound when top consumer China returns next week after a holiday. ended the third quarter down more than 22 percent, its biggest three-month loss ever, as an economic slowdown in China slashed the country's appetite for the steelmaking raw material.
ZURICH, Oct 3- Swatch Group SA, the world's largest watchmaker, intends to keep production in Switzerland despite the strength of the franc, its chief executive was quoted as saying. "We want to keep the companies, the jobs and the production in Switzerland," Swatch Group CEO Nick Hayek was quoted saying in a preview of Thursday's edition of Handelszeitung. "
NEW YORK, Oct 3- U.S. companies added more jobs than expected in September, while activity in the vast services sector picked up, suggesting the economy remained on track for modest growth.
Wall Street has taken a beating this election season. Yet what is considered to be Wall Street may be surprising. The NYT reports.
LONDON/ NEW YORK, Oct 3- The euro zone's economic woes accelerated last month and China's slowdown looked likely to extend to a seventh quarter, surveys on Wednesday showed, while the United States proved the bright spot with better-than-expected news on services and jobs.
PARIS, Oct 3- Louis Vuitton is branching out into luxury pens and stationery as the upmarket leather bag maker looks for new ways to retain its exclusive image, after it launched high-end jewellery and hired an expert to create a perfume.
*Germany's Cal 13 falls to three-month low on data. Germany's benchmark electricity contract for 2013 delivery hit a three-month low on the back of lower oil prices and gloomy macro-economic data. Germany's baseload contract for Thursday delivery rose 2.13 euros to 44.5 euros per megawatt hour.
A series of recent investor meetings with Fitch's EMEA Food Retail team in London, Frankfurt, and Paris underlined that investors are concerned to what extent ratings are at risk due to increased business and credit risks for European food retail companies.
Hurdler Lolo Jones trash-talked about head injuries to former Rutgers football player Eric LeGrand after he jokingly challenged her to a race on Twitter. What she didn't know was the defensive tackle was paralyzed in a game. After LeGrand tweeted to Jones "want to race me?"
SINGAPORE, Oct 3- U.S. 10- year Treasuries pushed higher on Wednesday after a survey showed that China's services sector weakened sharply last month, reinforcing investor concerns about global economic growth.
MANILA, Oct 3- The Asian Development Bank cut most of its 2012 and 2013 growth estimates for developing Asia on Wednesday as a slump in global demand weighs on the region's powerhouses China and India and on its other export-dependent economies.
HONG KONG-- The company that owns the ferry involved in one of Hong Kong's deadliest accidents in decades said Wednesday it passed an inspection just last month, though authorities have offered no explanation about how two boats collided on a clear night in one of the safest and most regulated waterways in Asia.