Is India still the market darling when it comes to economic growth? Pramod Gubbi, VP-Sales-Institutional Equities at Ambit and Radhika Rao, economist at DBS, debate.» Read More
MUMBAI, Oct 5- India's embattled Kingfisher Airlines Ltd will ground its fleet for another week after failing to resolve an impasse with staff over salaries that have not been paid for more than half a year.
NEW YORK, Oct 5- Colonial Pipeline, the nation's largest oil product pipeline, said on Thursday one of its stublines carrying gasoline from Atlanta to Nashville may have had a release of about 500 gallons, necessitating the shutdown of Line 19..
TAIPEI, Oct 5- Taiwan stocks rose 0.15 percent on Friday, lifted by chip makers. The Taiwan dollar was up own by T $0.121 to trade at T $29.267. ASIA-PACIFIC STOCK MARKET REPORTS: Japan..........
SYDNEY, Oct 5- Australian shares rose 0.5 percent to 14- month highs early on Friday, with mining stocks rising as the market was supported by a fourth day of gains on Wall Street ahead of the U.S. payrolls report later in the day. New Zealand's benchmark NZX 50 index.
Following is a list of events in Malaysia as well as news company-related and market news which could have an influence on the local market. SE ASIA STOCKS-Philippine, Malaysia, Indonesia at all-time high. *Malaysia cabinet meets and is likely to decide on a proposal to cut crude palm oil export taxes to boost shipments.
SINGAPORE, Oct 4- U.S. crude futures held steady above $91 per barrel on Friday, after rising 4 percent in the previous session on escalating tensions in the Middle East, while continued global economic concerns are expected to weigh on prices.
-Philippine Mining Luncheon with Philex Mining Corp SVP Michael Toledo as guest speaker, Manila Polo Club Ballroom, Makati City, 11:30 a.m.. -Philcomsat Holdings Corp holds annual stockholders' meeting, Dasmarinas Room, Makati Sports Club, L.P. Leviste Street, Salcedo Village, Makati City, 3:00 p.m..
TAIPEI, Oct 5- Following are news items and media reports that may affect the Taiwan stock market. >Zynga warns of 3rd- qtr loss, lowers 2012 outlook. >Google warns of more Motorola cuts, lifts Q3 bill.
SE ASIA STOCKS-Philippine, Malaysia, Indonesia at all-time high. -Global Logistic Properties, which own warehouses in China and Japan, said on Thursday it leased 39,000 square metres to wholesale firm Arata Corp. in Japan.-- SEMBCORP MARINE LTD.
Oct 4- Tessera Technologies Inc said it will reward Chief Executive Robert Young with stock options that vest only if he completes the spin-off of one of the chip technology developer's business segments by March 31, 2015.
SYDNEY, Oct 5- Australian shares are set to rise after a fourth day of gains on Wall Street, as investors await the release of the closely watched U.S. payrolls report later on Friday.
*Facebook confirms billion user mark, growth slows. NEW YORK/ SAN FRANCISCO, Oct 4- Facebook Inc.
The company appointed Anne Donahue to New York market leader for the private client reserve of US Bank. The bank also appointed Lynn Maaske as vice president and wealth management adviser for the private client reserve in St. Paul. The firm added Al Weaver and John Worcester to its advisor force in Massachusetts.
*Facebook confirms billion-user mark, growth slows. NEW YORK/ SAN FRANCISCO, Oct 4- Facebook Inc.
Oct 4- Li& Fung Ltd, a global supplier of apparel, is in advanced talks to buy Synergies Worldwide, a small, New York- based supplier, a source familiar with the matter said on Thursday. The move would help Hong Kong- based Li& Fung gain a better foothold in the fast fashion and discount clothing space.
*Publisher can choose not to participate in Google's Library Project. Google and the Association of American Publishers said on Thursday that U.S. publishers can choose to make available or choose to remove their books and journals digitized by Google for its Library Project.
The S&P 500 rose for a fourth session after a report suggested improvement in the labor market ahead of Friday's closely watched monthly payrolls report. The Nasdaq Composite Index gained 6.10 points, or 0.19 percent, to 3,141.40. **COLLABRX INC, $6.80, up 79.4 pct.
Google acquired Motorola in May for $12.5 billion to bolster its patent portfolio as its Android mobile operating system competes with rivals such as Apple Inc and Samsung Electronics Co Ltd. But many investors and analysts have questioned Google's need to be in the hardware business, where profit margins are lower and Google has little experience.
Oct 4- Fitch Ratings has affirmed the' BBB' investment grade debt ratings and Issuer Default Ratings of The Mosaic Company. Demand will be enhanced by the drought and heat damage to this season's crops, particularly in the U.S. but also in Russia and India.
Barclays announced a shake up at its investment banking business aimed at streamlining the business in the face of a more challenging outlook for the industry. Wells Fargo's international group named Christopher Lewis as executive vice-president and head of global trade services.