Manoj Menon, partner and managing director, Asia Pacific at Frost & Sullivan, discusses the mounting pressure on Sony from shareholders to split the business and what it would mean.» Read More
*MSCI World drops 1.9 pct in biggest 1- day fall for 12 months. LONDON, June 20- The clear signal from the U.S. MSCI's benchmark index for emerging equities slumped by more than 3.3 percent and shares across the Asian Pacific region outside Japan recorded their biggest daily drop since late 2011..
LONDON, June 20- Former UBS trader Tom Hayes appeared in a London court on Thursday accused of conspiracy to defraud in connection with a global investigation into the Libor interest rate rigging scandal.
LONDON, June 20- The U.S. Federal Reserve's explicit signal it will stop pumping money into the world economy and data showing China's economy slowing down swept across financial markets on Thursday, sinking bonds, shares and commodities alike.
LONDON, June 20- The dollar rose on Thursday as global asset markets adjusted sharply after the Federal Reserve confirmed that it would begin reducing the pace of stimulus this year as the economic outlook improves.
*Thailand, Philippines buy 200,000 T of Black Sea wheat. SINGAPORE, June 20- Wheat buyers in Asia are looking to replace Indian and Australian cargoes in the lower-end feed grain market with cheaper supplies from the Black Sea, which will be returning to the region after a three-year gap.
LONDON, June 20- Bonds, shares and commodities fell sharply around the world on Thursday and the dollar rose after the U.S. Federal Reserve explicitly signalled an end to easy money and data showed China's economy slowing down.
*China's weak flash PMI drags down China- related manufacturers. TOKYO, June 20- Japan's Nikkei share average fell on Thursday as weak China data further unsettled markets coming to grips with Federal Reserve Chairman Ben Bernanke's confirmation that the U.S. central bank could trim its bond-buying programme later this year.
*MSCI Asia ex- Japan slides 3.5 pct in biggest drop since 2011. Among a host of unwanted milestones: Asian stocks outside Japan suffered their biggest daily loss since late 2011, key lending rates in China reached historic highs and India's currency carved out a record low.
*Hirai says Sony's board will consider Third Point's proposal carefully. TOKYO, June 20- Sony Corp shareholders pressed its chief executive for a response to hedge fund Third Point's proposal for a partial spinoff of its profitable entertainment arm but Kazuo Hirai pleaded for patience as management reviews the bold plan.
TOKYO, June 20- The U.S. dollar rose broadly on Thursday as global asset markets underwent sharp adjustments in the wake of confirmation by the Federal Reserve that it would begin to dial down stimulus this year as the economic outlook improves.
TOKYO, June 20- Japanese government bond prices fell on Thursday, tracking weakness in U.S. However, it was a far cry from a record low of 0.315 percent reached the day after the Bank of Japan announced its plan on April 4 to inject $1.4 trillion into the economy in less than two years by buying JGBs across the yield curve to pull the country out of deflation.
TOKYO, June 20- Japan's Nikkei share average fell on Thursday as weak China data further unsettled markets coming to grips with Federal Reserve Chairman Ben Bernanke's confirmation that the U.S. central bank could trim its bond-buying programme later this year.
KABUL/ WASHINGTON- Revived Afghan peace talks hit their first roadblock on Wednesday, a day after they were announced, as Afghan President Hamid Karzai said his government would not join U.S. talks with the Taliban and would halt negotiations with Washington on a post-2014 troop pact.
TOKYO/ SYDNEY, June 20- Asian markets buckled badly on Thursday after the Federal Reserve heralded an eventual end to free money and China turned the screw on credit even as factory activity in the world's second largest economy hit a nine-month low.
BEIJING, June 20- China's factory activity weakened to a nine-month low in June as demand faltered, a preliminary survey showed, heightening the risk of a sharper second quarter slowdown and increasing the heat on the central bank to loosen policy.
TOKYO, June 20- The U.S. dollar rose broadly on Thursday after the Federal Reserve signaled it would begin to dial down stimulus this year as the economic outlook improves.
*China's weak factory data drags down China- related manufacturers. *GS Yuasa soars on battery JV with Bosch.
*MSCI Asia ex- Japan slides 2.8 pct to 9- month low. "The Chinese data confirms views that the economy is vulnerable and could heighten the possibility of some policy action to ease investor jitters," said Hirokazu Yuihama, a senior strategist at Daiwa Securities in Tokyo.
*Hirai says Sony's board will consider Third Point's proposal carefully. TOKYO, June 20- Sony Corp shareholders pressed its chief executive on Thursday for a response to a proposal by hedge fund Third Point to spin off its profitable entertainment business, aiming to invigorate its struggling electronics business.
TOKYO, June 20- Japanese government bond prices eased slightly on Thursday, tracking weakness in U.S. However, it was a far cry from a record low of 0.315 percent reached the day after the Bank of Japan announced sweeping stimulus measures on April 4 to pull the country out of deflation.