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Thailand is set to sell half-a-million tons of rice on world markets at a loss, as it scrambles to offload a record stockpile deteriorating in quality in warehouses filled with grain.
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BANGKOK, March 27- Thai stocks rose for a third straight day to hit a one-week high on Wednesday as investors bought shares in companies expected to report strong first-quarter results, outweighing losses in some small and mid-cap stocks hit by a tightening in trading rules.
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*Concerns about Cyprus bailout support gold. SINGAPORE, March 27- Gold was set to fall for the fourth straight day on Wednesday as promising U.S. data curbed safe-haven demand, although festering worries about Europe's fiscal health continued to support prices.
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SYDNEY, March 27- Australian shares rose 0.9 percent on Wednesday, their biggest percentage rise in nearly two weeks, led by financials and miners as broader sentiment was underpinned by a record close for Wall Street's Dow Jones Industrial Average. Blue-chip miners BHP Billiton Ltd.
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SYDNEY, March 27- Australian shares rose 0.9 percent on Wednesday, their biggest percentage rise in nearly two weeks, led by financials and miners as broader sentiment was underpinned by a record-high close for Wall Street's Dow Jones industrial average. Blue chip iron ore miners BHP Billiton Ltd.
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*Jeep and Abarth brands to enter India this year. That's Fiat SpA's new mantra for India as the Italian carmaker tries, once again, to crack the world's seventh-largest car market.
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SINGAPORE, March 27- Gold hovered around $1,600 an ounce on Wednesday as promising U.S. data curbed safe-haven demand, while worries about the euro zone's fiscal health after Cyprus' unprecedented rescue deal continued to support the precious metal.
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BANGKOK, March 27- Following is some company-related and market news that could affect the local market. SE ASIA STOCKS-Bangkok extends gain; Jakarta at 2- week high. >Gold stays put as upbeat U.S. data offsets Europe worries.
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SYDNEY, March 27- Australian shares rose 0.3 percent on Wednesday led by blue chip miners on strong resource prices and after the Dow Jones Industrial Average posted a record high buoyed by strong data, but gains were capped by losses in the financial sector.
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SYDNEY, March 27- Australian shares gained 0.6 percent on Wednesday led by blue chip miners and financials on strong resource prices and after the Dow Jones Industrial Average posted a record high. Global iron ore miners BHP Billiton Ltd. and Rio Tinto Ltd both climbed 1 percent.
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*Brent crude rallied to settle up more than $1 above $109 a barrel, after U.S. crude had surged to a five-week high above $96 a barrel, lifted by stronger manufacturing and housing data in the United States. *Copper steadied as demand picked up in China, the biggest metals consumer, but concerns about the fallout from the Cyprus bailout deal weighed.
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HONG KONG, March 27- Foreign investors are buying up Thai funds at their fastest pace in more than five years, lured by ample returns from an ascendant currency and extending the life of a share price rally in what was Southeast Asia's best performing market last year.
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HONG KONG, March 27- Foreign investors are buying up Thai funds at their fastest pace in more than five years, lured by ample returns from an ascendant currency and extending the life of a share price rally in what was Southeast Asia's best performing market last year.
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AMSTERDAM, March 26- The European Union hopes to ease the cost of protein used to make pig and poultry feed by lifting a ban on by-products imposed during the mad cow disease outbreak over a decade ago.
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BANGKOK, March 26- The Thai stock exchange is to raise minimum deposits for cash accounts used to trade in certain stocks to 20 percent of trading value from 15 percent in a bid to curb volatility, its president, Charamporn Jotikasthira, said on Tuesday.
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Stocks in Singapore, Malaysia and the Philippines. ended higher while Asia was steady amid worries Cyprus's bailout could be a template applicable to larger states that might get into difficulty. such as Total Access Communication and Advanced Info Service.
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BANGKOK/ SINGAPORE/ SYDNEY, March 26 Fitch Ratings Limited has assigned Thoresen Thai Agencies Public Company Limited a National Long-Term rating of' BBB' with Stable Outlook. Its total expected capex over 2013-2015 is THB18bn- THB19bn, mainly for fleet expansion and rig replacement.
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BANGKOK, March 26- The chief executive of Ford Motor Co complained on Tuesday about Japan's devaluation of the yen and reiterated his opposition to Tokyo entering into free trade talks with the United States under an Asia-Pacific agreement.
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HONG KONG, March 26- Mizuho Corporate Bank. is the latest bank to join Philippine conglomerate San Miguel Corp's $1.3 billion five-year bullet term loan, bringing the total number of mandated lead arrangers and bookrunners so far to eight, sources said.
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rose to a more than one-week high on expectations of strong earnings contributions from recently-acquired frozen shrimp exporter Pakfood Pcl. At the midday break of 0530 GMT, Thai Union Frozen shares were up 4.5 percent at 64.25 baht, climbing at one point to 65 baht, the highest since March 13.
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SYDNEY, March 26- Australian shares finished the session down 0.8 percent on Tuesday as blue-chip financials and miners weighed on the market after weak metal prices and renewed worries about the prospects for Cyprus and the euro zone hit investor sentiment.