Manpreet Gill, Senior Investment Strategist at Standard Chartered Bank tells CNBC's Cash Flow why he thinks it's important for investors to remain in the U.S. markets.» Read More
SINGAPORE, Oct 29- London copper traded little changed on Monday, holding above 7- week lows plumbed last week, as the prospect of a recovering U.S. economy underpinned prices, although concerns about leadership change and global growth kept a lid on gains.
*Stock, options markets shutting down Monday. NEW YORK, Oct 28- U.S. stock and options markets will be closed on Monday, and possibly Tuesday, as regulators, exchanges and brokers worried about the integrity of markets in the face of Hurricane Sandy.
NEW YORK, Oct 28- Wall Street firms were set to open with limited staffing on Monday, as stock markets remain closed ahead of Hurricane Sandy's approach and many traders in other markets as well as other financial professionals worked from home.
TOKYO, Oct 29- Japan's Honda Motor Co cut its full-year net profit forecast by a fifth after sales in China, the world's biggest autos market, were hit by a popular backlash against Japanese products in a dispute over East China Sea islands.
TOKYO, Oct 29- Japan's Honda Motor Co cut its full-year net profit forecast by a fifth after sales in China, the world's biggest autos market, were hit by a popular backlash against Japanese products last month in a dispute over East China Sea islands.
TOKYO, Oct 29- Japan's Honda Motor Co cut its full-year net profit forecast by 20 percent after sales in China, the world's biggest autos market, were hit by a popular backlash against Japanese products last month in a dispute over East China Sea islands.
SINGAPORE, Oct 29- Gold edged up on Monday after robust U.S. economic data lifted prices in the previous session, but gains could be capped by a firmer U.S. dollar, as well as lingering concerns about Greece's debt woes and a possible bailout for Spain.
SINGAPORE, Oct 29- London copper inched higher on Monday, recovering from 7- week lows plumbed last week, as the prospect of a recovering U.S. economy buoyed prices, although lingering concerns about global growth kept a lid on gains. *The most-traded February copper contract on the Shanghai Futures Exchange rose 0.42 percent to 56,920 yuan a tonne.
TOKYO, Oct 29- Japan's Nikkei share average seen weakening slightly on Monday after gaining 6 percent since Oct. 12 on growing expectations that the Bank of Japan will take substantial easing steps when it meets on Tuesday.
*NYSE, Nasdaq, other exchanges to open for trade Monday. *NYSE, NYMEX floor trading operations suspended. NYSE said on Sunday afternoon that it will close its physical trading floor operations for the first time in nearly three decades due to a weather-related emergency, but would move trading of NYSE- listed stocks to its fully electronic exchange.
SINGAPORE, Oct 29- U.S. crude futures slipped below $86 a barrel on Monday as refineries along the East Coast lowered run rates ahead of approaching Hurricane Sandy, reducing crude use in the world's largest oil consumer. *U.S. crude for December delivery fell 43 cents to $85.85 a barrel by 2316 GMT.
SYDNEY, Oct 29- The yen got off to a steady start on Monday, having rallied late last week as markets cut bearish positions amid talk the Bank of Japan might not ease as much as expected at its looming policy meeting. The dollar bought 79.63 yen, little changed from late New York levels, having retreated from a high of 80.38.
NEW YORK, Oct 28- Oil refineries along the U.S. East Coast began to cut rates and companies prepared other energy facilities on Sunday ahead of Hurricane Sandy's expected landfall along New Jersey's barrier islands.
LONDON, Oct 28- British Airways cancelled all flights to New York on Sunday and will suspend most services to and from the U.S. East Coast on Monday as the United States braces for the arrival of Hurricane Sandy. The freak storm, due to come ashore in the United States late on Monday, is forecast to bring thrashing winds, flash flooding and even heavy snowfall.
New York, Philadelphia, Washington, Boston in its path. *New York, New Jersey, Amtrak transit systems to shut. The massive storm, which has already killed 66 people in the Caribbean, was headed toward a densely populated region that includes Washington, New York and Boston and its effects could be felt for hundreds of miles, officials warned.
*NYSE, Nasdaq, other exchanges to open for trade Monday. *NYSE suspends trading floor for first time since 1985. But NYSE said on Sunday afternoon that it would close its physical trading floor operations for the first time since 1985. It will instead trade NYSE- listed securities on its fully electronic exchange, NYSE Arca.
Take Taiwan's E Ink Holdings Inc, which makes most of the monochrome displays for devices such as Amazon.com Inc's Kindle and Barnes& Noble Inc's Nook. ``The bottom fell out of the market,'' says E Ink Chief Marketing Officer Sriram Peruvemba.
SEOUL, Oct 29- The first payouts from South Korea's state pension fund only started in 2008, but faced with the fastest ageing population among developed nations and one of the lowest birthrates, the country needs to deal with a looming funding crunch.
SUDBURY, Ontario, Oct 28- In an office trailer parked outside a mine shaft in northern Ontario, operator Carolyn St-Jean leans back in her chair and monitors a machine loading nickel-rich ore into rail cars deep underground.
*New York, Philadelphia, Washington, Boston in its path. Sandy, expected to come ashore late on Monday, could deliver a harsh blow to major cities including New York, Philadelphia, Washington, Baltimore and Boston. Its center was forecast to strike the New York- New Jersey area and then move inland toward Philadelphia and the rest of Pennsylvania.