Kerry Series, founder and CIO of Eight Investment Partners, shares his top casino stock picks in Asia.» Read More
*Japan's business sentiment worsens- tankan. SINGAPORE, Oct 1- Brent crude fell below $112 per barrel on Monday, reflecting investor concerns a shaky global economy may hurt oil demand following fresh evidence of weakness in China and Japan as well as persistent worries about the debt-saddled euro zone.
SYDNEY, Oct 1- Australian shares finished flat on Monday, after data showing that while China's manufacturing sector had improved somewhat in September, it remained in contraction, heightening investors' worries about weak global economic growth.
*Japan's business sentiment worsens- Tankan. SINGAPORE, Oct 1- Brent crude fell below $112 per barrel on Monday, reflecting investor concerns a shaky global economy may hurt oil demand following fresh evidence of weakness in China and Japan as well as persistent worries about the debt-saddled euro zone.
LONDON, Sept 30- The darkest hour is just before dawn, the old saying goes.
SYDNEY/ WELLINGTON, Oct 1- The Australian dollar eased 0.3 percent to three-week lows against the U.S. dollar on Monday after China's manufacturing PMI disappointed a market already worried about global growth and Europe's debt issues.
TAIPEI, Oct 1- Taiwan stocks fell 0.5 percent in quiet trading on Monday, pressured by glass. The Taiwan dollar rose slightly to stand at T $29.330. ASIA-PACIFIC STOCK MARKET REPORTS: Japan..........
BANGKOK-- Japan's benchmark Nikkei 225 index fell Monday after a closely watched survey showed confidence in the economy weakening. Toyota Motor Corp. lost 2.3 percent and Nishimatsu Construction Co. slid 4.2 percent. Stan Shamu of IG Markets in Melbourne, Australia said that investors are still concerned about Spain's financial health.
*Arrium rejects bid, calling it undervalued and conditional. *Arrium shares soar as much as 29 percent to one-month high. SYDNEY/ MELBOURNE, Oct 1- Australian miner and steel maker Arrium rejected a A $1.01 billion takeover offer from a consortium including Noble Group.
Oct 1- Standard& Poor's Ratings Services said today that it assigned its' AA+' rating to General Electric Co.' s. proposed senior unsecured debt offering of upwards of $5 billion. We believe the company will use most of the proceeds to meet its $5 billion February 2013 maturity.
Hudson's latest employment report shows that hiring intentions in China are the highest among the economies in Asia Pacific. Tony Pownall, Hong Kong General Manager of Hudson discusses the survey findings and talks about hiring expectations across sectors.
Medha Samant, Investment Director of Asian Equities at Fidelity Worldwide Investment explains the growth and income investment theme, where she advises investors to look at stocks with long term earnings growth and dividend growth potential.
Paul Bloxham, Chief Economist for Australia and New Zealand, HSBC says that Australian banks are unlikely to pass on full extent of RBA cuts.