Eswar Prasad, Senior Professor of Trade Policy at Cornell University, discusses the improvement in ties between U.S. President Obama and Indian Prime Minister Modi.» Read More
*Nifty futures on Singapore Exchange. *Analysts expect markets to focus on July-September earnings now, with Infosys reporting results on Oct. 12. Treasury Secretary Timothy Geithner and Fed Chairman Ben Bernanke on a two-day visit to India.
Treasury Secretary Timothy Geithner, Fed Chairman Ben Bernanke start a two-day visit to India. *India Power Minister to address press at Economic Editors Conference. *India oil minister and company officials at Economic Editors Conference.
----------PREVIOUS ITEMS NMDC to cut iron ore prices by up to 11 pct for Oct- PTI in Business Line---------- Apollo Health plans to expand branded clinics five-fold- Mint---------- Tata Steel shifts focus to India to beat Europe slowdown- Mint----------.
----------PREVIOUS ITEMS Apollo Health plans to expand branded clinics five-fold- Mint---------- Tata Steel shifts focus to India to beat Europe slowdown- Mint----------.
*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.
Note: Reuters has not verified these stories and does not vouch for their accuracy.
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.
The Indian government ruled out an inquiry into allegations of improper dealings between the son-in-law of India's most powerful politician, Sonia Gandhi, and property developer DLF Ltd, even as the firm's shares plunged on the claims.
Olivier Blanchard, Chief Economist, IMF says he believes it will take many years before the global economy emerges from the current soft patch.
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..........
MELBOURNE, Oct 9- Australian shares climbed 0.5 percent to a fresh 14- month high on Tuesday on a jump in iron ore prices that helped offset concerns about global economic growth. No. 3 iron ore miner Fortescue Metals Group. rose 3.6 percent and Northern Iron.
GLOBAL MARKETS-Stocks, oil falter on view on China economy. STOCK TO WATCH- ALLIANCE GLOBAL GROUP INC. Shares of conglomerate Alliance Global, which have risen sharply over the past month, could reverse, technical charts suggest.
TAIPEI, Oct 9- Following are news items and media reports that may affect the Taiwan stock market. REUTERS HEADLINES> Taiwan exports return to growth in Sept. >Intel's McAfee security plans layoffs.
SE ASIA STOCKS-Most retreat amid global concerns; Jakarta off record STOCKS TO WATCH-- DBS GROUP HOLDINGS LTD. -Southeast Asia's largest bank DBS said on Monday this year it will be holding its board meeting in Taiwan for the first time, in a move aimed at underscoring the importance of the market to the bank.
TOKYO-- Plagued by uncertainty and fresh setbacks, the world economy has weakened further and will grow more slowly over the next year, the International Monetary Fund says in its latest forecast. Conditions could worsen if the United States doesn't deal with its budget crisis soon, the IMF said.
Steve Brice, Chief Investment Strategist, Standard Chartered Wealth Management Group says that India is likely to deliver on its reform agenda but the time horizon for the changes remains uncertain.
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.
rose 38 cents to $89.71 a barrel in early Asia trading, after dropping 55 cents the previous session. *Turkish President Abdullah Gul said on Monday the "worst-case scenarios" were now playing out in Syria and Turkey would do everything necessary to protect itself, as its army fired back for a sixth day after a shell from Syria flew over the border.
MELBOURNE, Oct 9- Australian shares eked out a 0.1 percent gain early on Tuesday, with support from higher iron ore prices countered by concerns about the global growth outlook after the IMF cut its economic forecasts for the second time since April.
CANBERRA, Oct 9- Australian shares are likely to lack strong direction early on Tuesday, with support from higher iron ore prices and an improvement in China's services sector countered by losses in copper prices and concerns about the global growth outlook.