Equity index provider MSCI on Tuesday lowered Greece to emerging market from developed market status, citing failure to qualify on several criteria for market accessibility.» Read More
*SoftBank gains after Dish says abandons Sprint bid. TOKYO, June 19- Japan's Nikkei average hit a one-week high on Wednesday, with traders citing the launch of a near $780 million investment trust as a driving factor, while SoftBank Corp rose as it looked likely to win the battle for Sprint Nextel.
SYDNEY, June 19- Optimism among Asia's top companies gathered momentum in the second quarter despite lingering concerns about the global economy and rising costs, the latest Thomson Reuters/INSEAD Asia Business Sentiment Survey published on Wednesday showed.
BANGALORE, June 18- China and other East Asian stock markets will be able to shrug off recent turmoil and post some gains in 2013 on hopes of an economy recovery, policy easing in the second half of the year and attractive valuations, a Reuters poll showed on Tuesday.
TOKYO, June 18- Japan's exports are expected to have risen in May by the most in a year in a sign that a weaker yen is starting to take hold, giving the government's economic revival strategy a nod even as the recent market turmoil threatens to undercut its policies.
HONG KONG, June 17- Daily average trading volume of yuan in Hong Kong jumped to a record in May, exceeding the volumes of Hong Kong dollars for the first time ever, indicating the yuan's growing importance in international trade.
Investigators are interviewing "approximately 200 area growers," said USDA. USDA said it gave skittish trading partners a test method on Thursday to identify the wheat, developed years ago by Monsanto Co, which is not approved for cultivation anywhere in the world.
KUALA LUMPUR, June 12- A deepening slump in exports is sending tremors through Asia, threatening to undermine some booming emerging economies that have surged ahead in recent years on a heady combination of easy credit, buoyant consumer demand and strong domestic investment.
*Indonesia's central bank raises FASBI rate. SINGAPORE, June 11- Asian stock, bond and currency markets took another big hit on Tuesday after a fresh spike in U.S. interest rates re-ignited concerns about capital flows from the region and prompting a surprise rate hike by Indonesia's central bank.
The Indian rupee hit a record low as markets in Asia experienced volatility similar to that seen on a couple of days last week, driven likewise by the combined fears of the Federal Reserve's premature tightening of policy and a slowdown in China's economic growth.
NEW YORK, June 10- After 109 years of selling beauty products, Coty Inc is ready for its close-up, blemishes and all. The maker of Stetson cologne, OPI nail polish and Sally Hansen lip balm, is set to go public Wednesday on the New York Stock Exchange, with shares to trade on Thursday.
FRANKFURT, June 10- Hugo Boss has signed up designer Jason Wu, a favourite of American First Lady Michelle Obama, as the German fashion house seeks to sell more women's dresses and suits in the United States and China.
*Agreement to pressure North Korea on nuclear arms. President Barack Obama confronted Chinese President Xi Jinping over allegations of cyber theft on Saturday but they agreed at a shirtsleeves summit in the California desert on reining in North Korea.
TAIPEI, June 7- Taiwan's exports in May unexpectedly picked up as sales to China recovered, but a sharp drop in imports has raised concerns about further weakness in the island's economy. The government recently cut Taiwan's growth outlook for the year as the trade-reliant economy confronts slowdown in its largest export markets, China and the United States.
LONDON, June 6- The Indian service sector provided a bright spot among emerging markets in May, though manufacturing production growth in Asian economies was muted, according to an influential HSBC survey published on Thursday.
TOKYO, June 4- Japan's Nikkei share average climbed more than 2 percent to mark its biggest one-day rise in three weeks on Tuesday, as investors scooped up battered stocks such as financials, which had fallen from recent peaks into bear market territory.
TOKYO, June 4- U.S. oil edged lower on Tuesday but held above $93 per barrel, as worries about slack demand weighed on prices after a late rebound the previous day on a slump in the dollar. *NYMEX crude for July delivery was down 27 cents at $93.18 a barrel by 2344 GMT, after settling up $1.48 at $93.45 on Monday.
NEW YORK/ LONDON, June 3- Manufacturers in the United States, China and Europe struggled last month as demand fell, suggesting an ailing world economy that still needs a steady diet of central bank support.
LONDON/ BEIJING, June 3- Euro zone manufacturing contracted again last month, although at a slightly slower pace, while Asian factories lost momentum, underlining the sombre prospects for the world economy in the second quarter.
BEIJING, June 3- Asia's factory sector lost momentum in May as new export orders in the trading bellwethers of China, Taiwan and South Korea fell or cooled, reinforcing the view that the world economic outlook is dimming in the second quarter.
TOKYO, May 30- Japan's Nikkei share average dived 5.2 percent on Thursday, leading a tumble in Asian stocks as concerns about the U.S. Fed Chairman Ben Bernanke said last week that the U.S. central bank could decide whether to reduce its $85 billion in asset purchases every month at one of its "next few meetings," depending on economic data.