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As fashion houses look to Asia, CNBC investigates the latest designs at Singapore's fashion week.
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*CVC plans new $3 bln Asia fund in 2013- source. HONG KONG/ JAKARTA, Oct 5- CVC Partners is exploring the sale of Indonesia's PT Matahari Department Store, sources told Reuters, seeking a price tag of more than $2 billion after paying less than half that for the company two-and-a-half years ago.
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MELBOURNE, Oct 5- An unnamed buyer believed to be Genting Hong Kong Ltd has approached Australian shareholders in Echo Entertainment Group Ltd seeking to buy shares, a fund manager said on Friday. Genting Hong Kong and Genting Singapore PLC, which are subsidiaries of Malaysian gambling giant Genting Group Bhd, each bought almost 5 percent of Echo in June.
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TOKYO, Oct 5- Asian shares rose and the euro clung on to most of its overnight gains on Friday as investors awaited a key U.S. jobs report, sustaining a positive mood after the European Central Bank said it stands ready to buy bonds of troubled euro zone countries.
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SINGAPORE, Oct 5- Singapore will release advance estimates for third quarter gross domestic product at 8:00 a.m. on Oct 12, the government said on Friday, the same day the central bank releases its half-yearly monetary policy statement.
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*Asian shares rose and the euro kept most of its overnight gains on Friday as investor risk aversion eased after the European Central Bank said it was ready to buy bonds of troubled euro zone countries, while markets awaited a key U.S. jobs report.
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*Turkey- Syria conflict stokes supply fears. SINGAPORE, Oct 5- Brent futures slipped towards $112 per barrel on Friday, but is on course to end a choppy week nearly flat as rising tensions in the Middle East battled with perennial worries about the global economy and oil demand.
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SYDNEY, Oct 5- Australian shares gained 0.7 percent to a 14- month high on Friday, with mining stocks rising and the market supported by a fourth day of gains on Wall Street ahead of a U.S. payrolls report later in the day.
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South Korea's Kospi added 0.3 percent to 1,997.84 and Hong Kong's Hang Seng added 0.2 percent to 20,958.21. Benchmarks in Taiwan and New Zealand also rose. Later in the day, the Bank of Japan will announce the outcome of its two-day policy meeting.
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MANILA, Oct 5- The Philippines' annual inflation rate slowed in September, increasing the scope the central bank has to cut rates to support the domestic economy in the face of gloomy global conditions. The consumer price index rose 3.6 percent in September from a year earlier, slowing from the previous month's 3.8 percent pace.
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JAKARTA/ SINGAPORE/ SYDNEY, October 05 Fitch Ratings has assigned Indonesia- based PT Aneka Gas Industri's proposed IDR200bn secured bond and IDR300bn sukuk ijarah bond, both due in 2017,' A-' ratings. The sukuk bonds follow an "ijara" structure and, together with the secured bond, are similar to AGI's IDR160bn Islamic bond and IDR80bn bond I issued in July 2008.
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SINGAPORE, Oct 5- China's Huawei Technologies Co Ltd has reached out to investment banks for advice on an initial public offering, the Wall Street Journal reported. Huawei is leaning towards a listing in the United States, but is also considering Hong Kong or London, the newspaper reported.
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MANILA, Oct 5- The Philippines' annual inflation rate slowed in September, increasing the scope the central bank has to cut rates to support the domestic economy in the face of gloomy global conditions. The consumer price index rose 3.6 percent in September from a year earlier, slowing from the previous month's 3.8 percent pace.
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OCBC Investment Research raised its target price on CapitaCommercial Trust to S $1.62 from S $1.53, and kept its' buy' rating, citing better-than-expected outlook for office rentals. At 0108 GMT, units of CapitaCommercial were up 0.3 percent at S $1.515.
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SYDNEY, Oct 5- Australian shares rose 0.5 percent to 14- month highs early on Friday, with mining stocks rising as the market was supported by a fourth day of gains on Wall Street ahead of the U.S. payrolls report later in the day. New Zealand's benchmark NZX 50 index.
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SINGAPORE, Oct 4- U.S. crude futures held steady above $91 per barrel on Friday, after rising 4 percent in the previous session on escalating tensions in the Middle East, while continued global economic concerns are expected to weigh on prices.
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SE ASIA STOCKS-Philippine, Malaysia, Indonesia at all-time high. -Global Logistic Properties, which own warehouses in China and Japan, said on Thursday it leased 39,000 square metres to wholesale firm Arata Corp. in Japan.-- SEMBCORP MARINE LTD.
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SYDNEY, Oct 5- Australian shares are set to rise after a fourth day of gains on Wall Street, as investors await the release of the closely watched U.S. payrolls report later on Friday.
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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.
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*Middle East tensions, Turkey strikes at Syria lift oil. NEW YORK, Oct 4- Oil prices jumped 4 percent on T hursday as inflamed Middle East tensions stoked supply fears and U.S. gasoline futures rallied following a fire at the largest operating refinery in the United States.
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*Middle East tensions, Turkey strikes at Syria lift oil. NEW YORK, Oct 4- Oil prices jumped 4 percent on T hursday as inflamed Middle East tensions stoked supply fears and U.S. gasoline futures rallied following a fire at the largest operating refinery in the United States.