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• UPDATE 2-China approves HSBC sale of remaining $7.4 bln Ping An stake

  Payment for shares made in cash- HSBC. HONG KONG, Feb 1- China has approved the sale of HSBC's remaining $7.4 billion stake in Ping An Insurance to a group controlled by Thailand's richest man, allowing completion of the biggest equity purchase in the country by a foreign investor.

• UPDATE 1-China approves HSBC sale of remaining $7.5 bln Ping An stake

  HONG KONG, Feb 1- China has approved the sale of HSBC's remaining $7.5 billion stake in Ping An Insurance to a group controlled by Thailand's richest man, giving the green light to the country's biggest inbound M&A deal.

• China approves HSBC sale of remaining $7.5 bln Ping An stake

  HONG KONG, Feb 1- China has approved the sale of HSBC's remaining $7.5 billion stake in Ping An Insurance to a group controlled by Thailand's richest man, giving the green light to the country's biggest inbound M&A deal. Ping An announced the approval in a filing on the Shanghai stock exchange just hours before a deadline for a decision.

• Chipmaker Intel faces long march to mobile salvation

  Jan 31- Intel Corp, the world's biggest chipmaker, opened a new front on Thursday in a long and stuttering campaign to get its processors into mobile phones, although it appears to still have a long way to go.

• GLOBAL MARKETS-Asian shares off highs, Fed's stance weighs on dollar

  *MSCI Asia ex- Japan falls 0.4 pct, Nikkei closes up at 33- mth high. Sentiment in Asian markets remained underpinned, however, by positive factory output data in Japan, and strong gross domestic product reports from Taiwan and the Philippines.

• EXCLUSIVE-Citigroup may exit consumer banking in more countries

  *Citi is in 100 countries, with consumer banking in 40. NEW YORK, Jan 31- Citigroup Inc is looking to pull out of consumer banking in more countries in an effort to lower costs and boost profits, according to two people familiar with the matter.

• China's struggle with sugar smugglers far from over

  *China Sugar Association sees up to 1 m tonnes smuggling in 2012/ 13. LONDON/ BEIJING, Jan 31- China's battle against sugar smugglers working across southern borders is failing as it keeps domestic prices higher than the world market to support its own production, officials say.

• GLOBAL MARKETS-Asian shares off highs, Fed's stance underpins markets

  *Data from Taiwan, Philippines solid. Positive economic reports from Asia failed to lift markets as investors continued to assess regional earnings results and ahead of key data such as China's official manufacturing PMI and U.S. monthly nonfarm payrolls on Friday.

• South Korea, Thailand Warn Over Fallout From Easy Money, Currencies

  

  South Korea warned on Wednesday it might consider a tax on financial transactions and Thailand said it was worried its strong currency would hurt exporters as moves by advanced economies to flood markets with easy money increasingly spill over into other countries.

• Thai Tycoon Wins Control of Fraser and Neave

  

  Thai billionaire Charoen Sirivadhanabhakdi has raised his stake in Fraser and Neave (F&N) to more than 50 percent, turning his offer to buy the rest of the Singapore property and drinks conglomerate unconditional.

• Nikkei seen retreating from 33-month high on profit-taking

  TOKYO, Jan 31- Japan's Nikkei share average is expected to open lower on Thursday with investors likely to book profits after the index rose sharply to end above 11,000 for the first time in 33 months in the previous session.

• Nok Air Spreads Its Wings 

  

  Patee Sarasin, CEO, Nok Air says the company plans to list on the Bangkok Stock Exchange in Q3. It hopes to raise about THB3-4 billion to fund its international expansion plans.

• Thai tycoon wins control of Singapore's Fraser and Neave

  SINGAPORE, Jan 30- Thai billionaire Charoen Sirivadhanabhakdi has raised his stake in Fraser and Neave Ltd to more than 50 percent, turning his offer to buy the rest of the Singapore property and drinks conglomerate unconditional.

• WRAPUP 1-S.Korea, Thailand warn over fallout from easy money, currencies

  SEOUL/ BANGKOK, Jan 30- South Korea warned on Wednesday it might consider a tax on financial transactions and Thailand said it was worried its strong currency would hurt exporters as moves by advanced economies to flood markets with easy money increasingly spill over into other countries.

• FOREX-Euro steadies vs dollar, scope for rally to resume

  *Technical resistance seen $1.34869, $1.35. Strategists said the euro could stall temporarily below strong resistance at the 2012 high of $1.34869, but investors were likely to use any dips as a buying opportunity.

• FOREX-Yen hovers near 2-1/2 year low; Aussie dollar firmer

  SINGAPORE, Jan 29- The dollar inched lower versus the yen on Tuesday but hovered within sight of a 2-1/ 2 year high hit a day earlier, while the Australian dollar rose on data showing a rebound in Australian business confidence.

• Focus on Emerging Markets 

  

  Martin Lakos, Division Director at Macquarie Private Wealth talks about the focus on emerging markets particularly Mexico, India and Thailand.

• FOREX-Yen nears 2-1/2 year low vs dollar, Aussie firmer

  SINGAPORE, Jan 29- The yen on Tuesday slipped back toward a 2 1/ 2 year low struck a day earlier against the dollar, hurt by signs of upbeat sentiment toward risky assets, while the Australian dollar rose on data showing a rebound in Australian business confidence.

• Governments fall short in fighting defence corruption-survey

  BRUSSELS, Jan 29- More than two-thirds of countries, including many of the world's largest arms traders, have inadequate safeguards to prevent corruption in their defence sectors, a survey by an anti-corruption watchdog said on Tuesday.

• Brazil blaze recalls pain for RI fire survivors

  Thailand in 2008. Russia in 2009.. For survivors of a 2003 Rhode Island nightclub fire that was one of the deadliest in U.S. history, the fire in Brazil that killed hundreds Sunday is the latest in a series of reminders that no matter how far away, those who ignore the lessons of their tragedy can pay a horrible cost.