*Dismisses proposal to water down Japan's fiscal goals. TOKYO, Feb 27- Bank of Japan Governor Haruhiko Kuroda defended his two-year timeframe for achieving his ambitious inflation target, warning that adopting a relaxed approach to the deadline would undermine efforts to break the country out of the shackles of deflation. Kuroda, a former finance ministry...» Read More
*Asian shares rose on Tuesday but were capped by concerns over global growth prospects, especially in the world's second-biggest economy China, and expected weak U.S. corporate earnings.
TOKYO, Oct 9- Japanese film and medical equipment maker Fujifilm Holdings Corp has had some sales deals in China put on hold amid anti- Japan sentiment triggered by a territorial dispute, its CEO said on Tuesday.
DAILY INDICATORS Monday Previous Taka/US$ 81.32-81.35 81.37-81.49. Call money rate 08.00-08.50 04.00-09.50.
SEOUL, Oct 9- Isolated North Korea has rockets that can hit the U.S. mainland, it said on Tuesday, two days after South Korea struck a deal with the United States to extend the range of its ballistic missiles.
10:04 STOCKS NEWS MALAYSIA- Kenanga cuts Malaysia's REITs to' neutral'. Kenanga Research downgraded Malaysia's real estate investment trusts to' neutral' from' overweight' as it believes there is limited room for further yield compressions.
Stock markets gains in Asia came despite the International Monetary Fund cutting its forecast for global economic growth, just a day after the World Bank issued a warning about a slackening expansion in Asia. "Asia has grown nearly 32 in the four years since Lehman Brothers collapsed," analysts at DBS Bank Ltd. in Singapore said in a market commentary. "
SAN FRANCISCO, Oct 8- Zynga Inc's executive overseeing its key poker game has quit, hitting the gamemaker in a particularly vulnerable spot as it struggles with a steady employee exodus and falling revenue.
Oct 9- Moody's Investors Service has assigned a Baa3 rating to the proposed USD bonds to be issued by LS Finance Limited, a wholly-owned subsidiary of Lifestyle International Holding Ltd., which will guarantee the bonds.
SEOUL, Oct 9- South Korea and Japan have agreed to let their expanded currency swap arrangements introduced a year ago expire at the end of this month as scheduled, the two announced on Tuesday, citing increased financial market stability.
Oct 9- Moody's Investors Service has assigned an Aa2 rating to United Overseas Bank Limited' s proposed USD subordinated notes under its SGD5 billion Euro Medium Term Note programme.
SINGAPORE Oct. 9, 2012-- Standard& Poor's Ratings Services today assigned its' A+' issue rating to a proposed issue of lower Tier 2 subordinated notes by United Overseas Bank Ltd.. The proposed issue is a drawdown from UOB's existing Singapore dollar 5 billion euro medium-term notes program.
JAKARTA, Oct 9- Sampoerna group, one of Indonesia's leading conglomerates, is leading a consortium of local investors that is in talks to buy a 50 percent stake in PT Fajar Bumi Sakti, a coal unit of Bumi Resources, for around $200 million, sources with direct knowledge the matter said on Tuesday.
TOKYO, Oct 9- Japan is alone among advanced and developing nations in suffering from deflation, and solving it is the job of the central bank, Asian Development Bank President Haruhiko Kuroda said on Tuesday.
HOBART, Oct 9- Last week's cut in Australian interest rates was driven primarily by a weakening in global growth and a softening in the labour market at home, a top central banker said on Tuesday.
Note: Reuters has not verified these stories and does not vouch for their accuracy.
OCBC Investment Research raised its target price on Frasers Commercial Trust to S $1.31 from S $1.23 and maintained its' buy' rating, citing the company's possible debt reduction, an expected rise in income and attractive valuation. Frasers units were up 0.4 percent at S $1.16 on Tuesday.
Oct 9- Educomp Solutions Ltd:. *Says to raise capital by issuing long term securities including international. *Says capital raising includes raising money through equity linked instruments.
SINGAPORE, Oct 9- Pakistan State Oil is seeking 845,000 tonnes of oil products for delivery from December 2012 to February 2013, about 50 percent more than it bought for September to December delivery, a tender document showed on Tuesday.
TOKYO, Oct 9- Japan and South Korea have agreed to let a bilateral currency swap arrangement expire as planned at the end of this month, Japan's finance ministry said on Tuesday. The two sides also agreed to hold a bilateral finance ministers' meeting on Oct. 11 in Tokyo on the sidelines of gatherings of the IMF and World Bank. Keywords: JAPAN ECONOMY/ SOUTH KOREA.