"I still think we have a little bit more room to go," JPMorgan Private Bank's Kate Moore says.» Read More
MANILA, Oct 3- Philippine annual inflation probably stayed close to 4 percent in September due to higher food costs, but the pace is unlikely to reduce the central bank's ability to cut interest rates, with the overall price outlook still favourable. "We are not unduly worried about inflation," said Eugene Leow, an economist at DBS in Singapore.
SEOUL, Oct 5- Following is a list of events in South Korea as well as news stories and press reports that may influence financial markets. >AT&T to sell Nokia's latest Lumias, Samsung camera. >S.Korea' s S-Oil looks to expand berth.
BOSTON-- Index mutual fund investors are a cost-conscious bunch. Rather than seek out managers with a good shot at beating the market, they parse tiny differences in fund expenses. Companies such as S&P Dow Jones Indices and MSCI have created well-known market indexes.
SEOUL, Oct 5- Foreigners' net investment in South Korean bonds in September rose by the most since March due to a series of sovereign credit rating upgrades and expectations for additional monetary easing by the Bank of Korea, government data showed on Friday.
SEOUL, Oct 5- South Korea's foreign reserves rose by 1.6 percent in September to a record high on a rise in the value of European currencies against the U.S. dollar and on investment gains, the central bank said on Friday.
The constitutional judges argued that "the foreign investment expected to be received by the state of Honduras implies transferring national territory, which is expressly prohibited in the constitution," according to a copy of the ruling obtained by The Associated Press. South Korea has given Honduras $4 million to conduct a feasibility study.
KUWAIT, Oct 4- State-owned Kuwait Oil Company has picked a South Korean group to construct power station components and reinforce gas storage tanks in a deal worth 107 million dinars, state news agency KUNA said on Thursday.
TOKYO, Oct 4- Government officials from China and South Korea are expected to participate in the annual meetings of the IMF and World Bank in Tokyo next week, a Japanese government official said, despite territorial rows over disputed islands.
*Trading subdued on China, Europe woes. *SK Innovation, S-Oil shares sag on oil price fall. *Foreign investors unload following Vanguard's switch to FTSE index.
*Hyundai global sales reach 371,743 vehicles, up 3.4 pct. *Hyundai may have benefited from anti- Japan protests in China. The figures, although below some expectations for record monthly numbers, will provide some reassurance that Hyundai has put its costliest strike ever behind it.
*CPI due Friday, Oct 5, 8:30 a.m. ( 0030 GMT. *Trade due Monday, Oct 8, 4:00 p.m. ( 0800 GMT. TAIPEI, Oct 4- Taiwan's exports are set to record their first growth in September after six straight months of declines, buoyed by demand for new electronics products ahead of the year-end shopping season.
SYDNEY, Oct 4- Australian shares extended their gains by 0.3 percent on Thursday, hitting a 14- month high after banks offset losses in mining, as investors eyed further interest rate cuts in the wake of soft retail sales data. Top banks continued this week's post rate-cut gains, led by Westpac Banking Corp.
SYDNEY, Oct 4- Australian shares extended their gains by 0.3 percent on Thursday, hitting a 14- month high after banks offset losses in mining. Top banks continued this week's post rate-cut gains, led by Westpac Banking Corp.
*Hyundai global sales reach 371,743 vehicles* Hyundai ramps up output after strike ends* Production rises in U.S., China help ease tight supply SEOUL, Oct 4- South Korea's Hyundai Motor Co.
SEOUL, Oct 4- South Korean shares fell on Thursday amid ongoing concerns about the outlook for global growth. Energy-related stocks underperformed, with SK Innovation. the country's largest refiner, falling 2.4 percent in response to declining oil prices, while rival S-Oil.
Shares in water purifier maker Woongjin Coway rose more than 14 percent after a local court said it will hold the first closed hearing on whether to grant court receivership to Woongjin Holdings on Friday. Woongjin Holdings is Woongjin Coway's largest shareholder with a 28.4 percent stake.
SAN FRANCISCO, Oct 4- A decade ago, a developer from Korean gamemaker Nexon threw a few lines of code together to create an image of a flower to present to his girlfriend, buying himself more videogame time as she sat impatiently by his side at an Internet cafe.
DUBAI, Oct 4- HSBC Holdings Plc is to significantly scale back the scope of its global Islamic banking operations, as the business becomes the latest area to be affected by a wider restructuring at the UK- based bank.
TOKYO, Oct 4- Tokyo Governor Shintaro Ishihara, a fiery nationalist whose failed bid to buy a group of disputed islands ignited a crisis with China, is pushing ahead with a plan to build structures there to hammer home Japan's claim, officials involved told Reuters.
*Investors cautious after China services PMI. SEOUL, Oct 4- Seoul shares edged lower on Thursday morning as investors found it difficult to shake off disappointing data that showed a sharp weakening in China's service sector, with slumping oil prices also helping to push down energy-related stocks.