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Khiem Do, Head of Asian Multi-Asset, Baring Asset Management, Hong Kong explains why marginal money will chase the North Asian markets. He adds that Taiwan and South Korea will be the exception to this trend this year.
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*Funds from operations of $2.29 a share; Wall St expected $2.17. *Sees full-year 2013 FFO of $8.40- $8.50 a share; Wall St view $8.41. Simon said fourth-quarter funds from operations had increased to $827.4 million, or $2.29 per share, from $678.9 million, or $1.91 per share, a year earlier.
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HONG KONG, Feb 4- Hong Kong shares could start the week higher on Monday, tracking Wall Street gains last Friday after positive U.S. jobs data that solidified expectation of growth.
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Khiem Do, Head of Asian Multi-Asset, Baring Asset Management, Hong Kong explains why marginal money will chase the North Asian markets. He adds that Taiwan and South Korea will be the exception to this trend this year.
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Car sales extended their declines in France, Spain and Italy last month, data showed on Friday, leaving little hope of a European auto market rebound anytime soon.
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PARIS, Feb 1- Car sales extended their declines in France, Spain and Italy last month, data showed on Friday, leaving little hope of a European auto market rebound anytime soon. "The French passenger car market started 2013 on as weak a note as it exited 2012," analyst David Arnold at Credit Suisse said in a note.
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*China's official PMI eases to 50.4, HSBC reading at two-year high. NEW YORK/ LONDON, Feb 1- U.S. manufacturing growth quickened in January and hiring across the economy increased in late 2012, but Chinese factories only managed a slight rebound as the new year began, suggesting that world economic growth remains sluggish.
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LONDON/ BEIJING, Feb 1- China's vast factory sector managed only a shallow rebound at the start of 2013 and manufacturing in the euro zone remained weak, although there the worst may be over, a clutch of surveys suggested on Friday.
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*MSCI Asia ex- Japan steady. European markets are likely to inch higher, with financial spreadbetters predicting London's FTSE 100, Paris's CAC-40 and Frankfurt's DAX would open up as much as 0.2 percent.
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SEOUL, Feb 1- Samsung Electronics Co Ltd Chairman Lee Kun- hee fended off a lawsuit by estranged family members demanding he hand over billions of dollars of shares in Samsung companies as a South Korean court ruled in his favour on Friday.
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*HSBC final China Jan PMI jumps to two-year high at 52.3. BEIJING, Feb 1- Asia's manufacturers face a challenging business climate in the coming months, a clutch of surveys suggested on Friday, with China's vast factory sector managing only a shallow rebound at the start of 2013 as feeble foreign demand dragged on sales.
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*HSBC final China Jan PMI jumps to two-year high at 52.3. BEIJING, Feb 1- Asia's manufacturers face a challenging business climate in the coming months, a clutch of surveys suggested on Friday, with China's vast factory sector managing only a shallow rebound at the start of 2013 as feeble foreign demand dragged on sales.
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SAO PAULO, Feb 1- Two hundred feet under Sao Paulo's most famous old-money neighborhood, home to artists, coffee barons and retired generals, a major breakthrough is about to take place in Brazil's quest to improve its dilapidated infrastructure.
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SEOUL, Feb 1- Samsung Electronics Co Ltd Chairman Lee Kun- hee fended off a lawsuit by estranged family members demanding he hand over billions of dollars of shares in Samsung companies as a South Korean court ruled in his favour on Friday.
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*S.Korea HSBC/ Markit Jan PMI s/adj 49.9 vs 50.1 in Dec. Some of the monthly indicators released on Friday supported a view that Asia's fourth-largest economy has turned the corner, while analysts said prospects for a recovery the would be modest at best would prompt the Bank of Korea to cut interest rates soon.
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*MSCI Asia ex- Japan wipes early gains, falls 0.2 pct. TOKYO, Feb 1- Asian shares wiped earlier gains on Friday as a tepid Chinese manufacturing report dented sentiment, leaving investors on tenterhooks ahead of U.S. nonfarm payroll data due at 1330 GMT.
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SEOUL, Feb 1- U.S. crude oil futures steadied on Friday, giving up early gains, after China's official factory activity gauge missed market expectations.
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HONG KONG, Feb 1- Hong Kong shares could start higher on Friday, ahead of the release of data that is likely to show China's economy expanded at its fastest pace in nine months. IATA's members include major airlines such as Air France KLM, British Airways, Delta and Air China.
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*S.Korea HSBC/ Markit Jan PMI s/adj 49.9 vs 50.1 in Dec. The HSBC/ Markit purchasing managers' index for South Korea, issued separately, showed that manufacturing activity declined marginally and suggested that underlying conditions remain fragile.
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SEOUL, Feb 1- South Korean exports in January rose 11.8 percent from a year earlier while imports grew 3.9 percent, data showed on Friday, both beating market expectations and suggesting a sustained recovery in global trade.
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*MSCI Asia ex- Japan up 0.2 pct, Nikkei opens 0.5 pct higher. The MSCI's broadest index of Asia-Pacific shares outside Japan edged up 0.2 percent after falling 0.2 percent on Thursday, taking a breather from a rally that lifted the index to a near 18- month high earlier in the week.