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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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*China a battleground as Samsung, Apple dominate globally. TAIPEI, Feb 4- Taiwanese smartphone maker HTC Corp will shift its focus more towards emerging markets and offer lower priced phones in China this year as it grapples with slumping revenue in the shadow of Apple's iPhone and Samsung's Galaxy series.
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*HTC sees Q1 revenue T $50-60 bln, vs Q4 T $60 bln. TAIPEI, Feb 4- Taiwanese smartphone maker HTC Corp expects revenue to be flat to 17 percent lower in the first quarter compared with the previous three months, worse than forecast, while margins are also seen holding steady or shrinking.
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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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*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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*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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Jan 31- Intel Corp, the world's biggest chipmaker, opened a new front on Thursday in a long and stuttering campaign to get its processors into mobile phones, although it appears to still have a long way to go.
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SHANGHAI, Jan 31- China's yuan closed slightly higher on Thursday, with traders saying weakness in Asian currencies is largely counteracting appreciation pressure from strong corporate demand. Despite this upward pressure, the People's Bank of China has held its daily midpoint relatively stable in recent days.
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*MSCI Asia ex- Japan falls 0.4 pct, Nikkei closes up at 33- mth high. Sentiment in Asian markets remained underpinned, however, by positive factory output data in Japan, and strong gross domestic product reports from Taiwan and the Philippines.
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SHANGHAI, Jan 31- China's yuan was little changed on Thursday as traders said weakness in Asian currencies is counteracting appreciation pressure from strong corporate demand. Despite this upward pressure, the People's Bank of China has held its daily midpoint relatively stable in recent days.
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*Data from Taiwan, Philippines solid. Positive economic reports from Asia failed to lift markets as investors continued to assess regional earnings results and ahead of key data such as China's official manufacturing PMI and U.S. monthly nonfarm payrolls on Friday.
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SEOUL/ BANGKOK, Jan 30- South Korea warned on Wednesday it might consider a tax on financial transactions and Thailand said it was worried its strong currency would hurt exporters as moves by advanced economies to flood markets with easy money increasingly spill over into other countries.
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TAIPEI, Taiwan-- Taiwan President Ma Ying- jeou has announced a wide-ranging pension reform plan, cutting payouts to government retirees of between 75 and 80 percent of their salaries from the current level of 90 to 100 percent. Ma said Wednesday that Taiwan's aging population has pushed up pension payouts much faster than expected.
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HONG KONG, Jan 29- Hong Kong shares came off the previous day's 20- month high on Tuesday, as weakness in heavyweight Industrial and Commercial Bank of China, following a $1 billion stake sale by Goldman Sachs, offset strength in its smaller rivals. The China Enterprises Index of the top Chinese listings in Hong Kong fell 0.2 percent.
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TAIPEI, Jan 28- Sun Art Retail Group Ltd overtook rivals such as Wal-Mart Stores Inc to become the No.1 hypermarket operator in China by supporting the local economy and counting on consumer loyalty to Chinese brands, said a major shareholder.
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Catherine Yeung, Investment Director, Fidelity Worldwide Investment says investors are increasingly abandoning bonds, in favor of equities. She expects a rotation to occur from ASEAN markets into the North Asian markets.
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*Bail set at $5 mln for Chan Ming Fon. NEW YORK, Jan 25- A former Singapore banker charged with helping Japan's Olympus Corp engineer a $1.7 billion accounting fraud was granted bail by a U.S. judge on Friday.
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A line of resistance bands used for exercise was recalled this week because they can detach during workouts, posing an injury risk. DETAILS: Perfect Resistance Bands made by Dalps& Leisure Products Supply Corp. No. 5 of China. They were sold by Wal-Mart Stores Inc. and online at www.perfectonline.com.
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LONDON, Jan 25- The euro hit an 11- month high and European shares dipped on Friday as markets braced for news on how much banks will repay of the one trillion euros in European Central Bank crisis funds that have been keeping them afloat.