As the stand-off between HK's government and protesters continue, analysts warn the movement could cast a 'long shadow' over the city's future.» Read More
LONDON, Oct 11- Turkish stocks hit 17- month highs on Thursday, shrugging off an escalating conflict with Syria as data showed an improving current account picture while the Czech crown lost 0.3 percent after comments by the central bank governor.
Shares in Tate& Lyle rise 1.7 percent, among the top gainers on the FTSE 100, boosted by Societe Generale's upgrade according to traders, as the broker raises the British sweeteners and starches maker to "buy" from "hold" and ramps up its target price to 805 pence from 650 pence.
PARIS, Oct 11- European stocks rallied on Thursday after a drop in U.S. jobless claims while Spain's credit downgrade raised expectations that Madrid would soon request a bailout.
LONDON, Oct 11- Its $45 billion merger plan shot down, BAE Systems must now hunt growth elsewhere if the British arms maker is to find the cash needed to sustain big dividends and avert the possibility of a break-up. CEO Ian King is under pressure to spur the search for new business with a lucrative deal in Saudi Arabia now seen as crucial to bolster the balance sheet.
By Samuel Shen and Fayen Wong. SHANGHAI, Oct 11- Two Chinese fund houses have launched funds focused on the domestic commodities futures market as they look to tap into the burgeoning market that regulators have cautiously opened to local financial institutions this year.
Oct 10- Fitch Ratings has affirmed Societe Generale's. The Negative Outlook on SG's Long-term IDR reflects that on France's Long-term IDR. This rating action on SG was taken in conjunction with Fitch's Global Trading and Universal Bank periodic review.
LONDON, Oct 10- European shares fell for a third straight session on Wednesday, dragged lower by expectations of weak corporate earnings in the region after a subdued start to the U.S. reporting season. It added to investor concerns after U.S. bellwether aluminium maker Alcoa. cut its demand forecasts and oil major Chevron Corp issued a profit warning.
Coface Holding's ratings reflect those of its wholly-owned major operational entities, and mainly the key entity which is Coface S.A. (Insurer Financial Strength rating:' AA-'/Stable; IDR:' A+' Stable), and whose ratings were affirmed on 03 May 2012.
*Dufry CEO says has contingency if Greece exits euro. ATHENS, Oct 10- Swiss retailer Dufry is to buy the duty-free operations of Greek rival Folli Follie, a rare vote of confidence in an economy deserted by other foreign companies concerned over its future in the euro.
*Qatar banks attract global bankers with pay, security. DUBAI, Oct 10- Qatar is luring high-profile bankers away from foreign firms by offering better pay and prospects, as the cash-rich Gulf state builds the talent needed to expand its financial footprint across the region.
*FTSE 100 down 0.4 percent. *US metals firm Alcoa starts earnings on downbeat note. *Smith& Nephew falls on earnings worries.
October 10- Following are terms and conditions. of a bond increased on Wednesday.
*Dufry to pay 200.5 mln eur for 51 pct stake in duty free ops. ATHENS, Oct 10- Swiss retailer Dufry is to buy the duty-free operations of Greek rival Folli Follie, a rare vote of confidence in an economy deserted by other foreign companies concerned over its future in the euro.
LONDON, Oct 10- British prompt gas prices rose on Wednesday as higher demand and shortages caused by lower Norwegian exports left the market short by 23.6 million cubic metres, National Grid data showed. Flows through the Langeled pipeline that connects Norway with Britain dropped to around 13 mcm this morning, National Grid data showed.
*FTSE 100 down 0.2 percent, yo-yoing around 5,800. LONDON, Oct 10- Britain's top shares edged lower on Wednesday, tracking falls on Wall Street and in Asia on concerns over the global growth outlook, although gains in heavyweight miners and banks provided a floor under the FTSE 100 index around the 5,800 level. At 0805 GMT, the FTSE 100.
*Toyota falls on vehicle recall, China sales slump. *Tokyo Electron rises after Q2 orders beat expectations. TOKYO, Oct 10- Japan's Nikkei average shed 2 percent to hit a two-month closing low on concerns that coming corporate earnings will be hurt by sluggish global growth, as the IMF cut its forecasts for the second time since April.
*FTSE 100 down 0.6 percent. LONDON, Oct 10- Global growth worries prodded Britain's top share index lower on Wednesday as a failed merger with a French peer hurt shares in defence and aviation firm BAE Systems.
NEW YORK, Oct 9- BNP Paribas, making good on its chief executive's promise to expand outside of its troubled European base, has filled a long-vacant senior sales position in its fixed-income business in the United States.
MADRID, Oct 9- Spanish gas company Gas Natural. The issue, which was more than seven times subscribed, would increase liquidity and improve the financial structure of the company, Gas Natural said in a press release after the sale was finalised. Barclays, CaixaBank, Citigroup, Mitsubishi and Societe Generale handled the sale.
October 9- Following are terms and conditions. of a bond priced on Tuesday.