October 10- Following are terms and conditions. of a bond priced on Wednesday.
SINGAPORE, Oct 10- Asia's fuel oil market extended gains on Wednesday, with the first four inter-month spreads gaining a dollar and above amid renewed hopes that demand would recover as players start stockpiling for winter. Western Power and East-West Power are seeking 80,000 tonnes of high sulphur fuel oil for November-delivery.
*Palladium suffers as China monthly auto sales weaken By Clare Hutchison. The International Monetary Fund's financial counsellor said on Wednesday that the fund was encouraged by Spain's attempts to reduce its budget deficit, dashing hopes that Madrid would soon apply for aid.
SAN FRANCISCO, Oct 10- Data-center company IO has raised $90 million from venture-capital backers, the company said on Wednesday, illustrating the growing profile of enterprise-oriented investments compared to consumer companies in Silicon Valley.
HONG KONG/ SINGAPORE, Oct 10- Pan-Asian insurer AIA Group Ltd has agreed to buy ING's Malaysian insurance unit and is expected to pay $1.5 billion to $1.7 billion, handing the Dutch financial services firm its first deal in a nine-month drive to sell off Asian assets.
*NATO says plans in place to defend Turkey from Syria. LONDON, Oct 10- Brent crude oil fell towards $114 a barrel but remained close to a three-week high on Wednesday, as worries over the security of Middle East supplies outweighed increasing evidence of slowing global economic growth.
BANGKOK, Oct 10- Singapore shares fell to a near one-month low while most other Southeast Asian stocks also ended lower on Wednesday as flagging global economic growth triggered selling in blue-chip stocks, including Keppel Corp. Oil rig builder Keppel Corp led among battered large-cap stocks, sliding 1.4 percent.
*China steel demand has not rebounded substantially- analyst. SHANGHAI, Oct 10- Baoshan Iron and Steel, China's largest listed steelmaker, will keep prices of its main products unchanged for a second straight month in November, surprising the market that was expecting a hike given recent gains in spot prices.
SINGAPORE, Oct 10- Dynasty Real Estate Investment Trust, which owns Chinese assets, on Wednesday filed the prospectus for what will be Singapore's first yuan-denominated initial public offering.
SINGAPORE, Oct 10- Singapore conglomerate Fraser and Neave Ltd, the takeover target of a Thai tycoon, said it had rebuffed a S $1.4 billion bid for its hospitality and serviced residence business.
HONG KONG/ SINGAPORE, Oct 10- AIA Group Ltd. AIA was in the lead to buy both the Malaysian and Thai units of ING, sources familiar with the matter told Reuters in early September. However, ING is now bundling the Thai unit with its much larger Japan and Hong Kong operations and selling that group to another suitor, the sources said.
Indeed the reception to the four deals that priced last night by Sunac China, United Overseas Bank, Syndicate Bank and Lifestyle suggest that there is still an enormous pool of funds that have to be put to work with only three months left of 2012..
SINGAPORE, Oct 10- Honam Petrochemical Corp has bought 75,000 tonnes of naphtha at about $13 to $14 a tonne above Japan quotes on a cost-and-freight basis, the highest premiums paid in South Korea in about 3-1/ 2 weeks, traders said on Wednesday. It operates another 1 million tpy cracker in Yeosu, making it the largest ethylene operator in South Korea.
SINGAPORE, Oct 10- Bank of America Corp has hired Loh Boon Chye, a Deutsche Bank AG veteran, as head of Asia Pacific global markets, according to an internal memo obtained by Reuters.
Britain's FTSE 100 fell 0.3 percent to 5,792.95. Stock markets in Asia also posted losses, with the exception of mainland China, where shares rose a day after posting big gains on hopes that Chinese authorities were preparing sizeable steps to help reverse the decline in growth in the world's second-largest economy.
SINGAPORE, Oct 10- Bank of America Corp has hired Loh Boon Chye, a Deutsche Bank AG veteran, as head of Asia Pacific global markets, according to an internal memo obtained by Reuters.
Oct 10- Bank of America Corp has hired Loh Boon Chye, a Deutsche Bank AG veteran, as head of Asia Pacific global markets, according to an internal memo obtained by Reuters.
*NATO says plans in place to defend Turkey from Syria. LONDON, Oct 10- Brent crude oil rose above $114 a barrel on Wednesday as worries over the security of Middle East supplies outweighed increasing evidence of slowing global economic growth.
SINGAPORE, Oct 10- Bank of America Corp has hired Loh Boon Chye, a Deutsche Bank AG veteran, as head of Asia Pacific global markets, according to an internal memo obtained by Reuters.
Oct 10- Bank of America Corp has hired Loh Boon Chye, a Deutsche Bank AG veteran, as head of Asia Pacific global markets, according to an internal memo obtained by Reuters.