Manpreet Gill, Senior Investment Strategist at Standard Chartered, explains why he favors European equities.» Read More
-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.
Oct 4- Sprint Nextel Corp is in the early stages of considering a counter-offer for MetroPCS Communications Inc to top Deutsche Telekom AG's. Sprint is holding talks with its advisers to evaluate the feasibility of a higher offer, Bloomberg reported.
By Manoj Kumar and Frank Jack Daniel. NEW DELHI, Oct 4- India's cabinet approved bills on Thursday to attract foreign investment into insurance and pensions among a package of new measures to restore confidence in the economy, although the reforms will face a tough fight in parliament.
*Publisher can choose to participate in Google's Library Project. Oct 4- Google Inc and a group of publishers have agreed to a settlement, capping seven years of litigation over the rights of publishers and Google's mission to become the world's digital library.
U.S. stocks rose for a fourth session on Thursday following encouraging comments by European Central Bank President Mario Draghi on tools to tackle the region's debt crisis and in support of the euro. **COLLABRX INC, $6.9, up 83.3 pct.
NEW YORK-- More than a billion people now log into Facebook each month to check up on old friends, tag photos of new ones and post about politics, religion, cats or what their kids are doing. The latest milestone also amounts to nearly half of the world's roughly 2.5 billion Internet users, as measured by the International Telecommunications Union.
NEW DELHI-- India's Cabinet pushed ahead with a second wave of economic reform proposals, endorsing higher levels of foreign investment in insurance and pension funds and amendments to laws governing competition, Finance Minister Palaniappan Chidambaram said.