Asian equity markets kicked off the week mostly higher on Monday following strong data from the U.S. and China.» Read More
WASHINGTON/ HONG KONG, Oct 8- China's top telecoms gear makers should be shut out of the U.S. market as potential Chinese state influence on them poses a security threat, the U.S. House of Representatives' Intelligence Committee said in a draft of a report to be released on Monday.
TAIPEI, Oct 8- Taiwan's HTC Corp, the world's fifth-largest smartphone maker, said its third-quarter net profit fell 79 p ercent, mi ssing f orecasts, as its flagship phones failed to keep pace with the Apple Inc's iPhone and Samsung Electronics Co Ltd's Galaxy range.
BEIJING, Oct 8- China's foreign ministry said on Monday that Chinese telecoms companies operate according to market rules, urging the United States to "set aside prejudices" when it came to Huawei Technologies Co Ltd and ZTE Corp.
WASHINGTON/ HONG KONG, Oct 8- China's top telecoms gear makers should be shut out of the U.S. market because potential Chinese state influence on them poses a security threat, the U.S. House of Representatives' Intelligence Committee said in a draft of a report to be released later on Monday.
-Minh Phu Seafood Group, a major shrimp exporter, said Vietnam Investment Fund II Ltd has sold all the 3.5 million MPC shares in the fund's possession. -The government has decided to expand the Cat Bi airport in the northern port city of Haiphong to be able to handle international flights, with investment slated by 2015 of 5 trillion dong, the Transport Ministry said.
SEOUL, Oct 8- Seoul shares are likely to hold a narrow range on Monday as the market awaits stronger signals on progress in combating the euro zone's ills, despite positive U.S. jobs data. Investors here will likely wait for more news from the euro zone, "said Cho Byung- hyun, an analyst at Tong Yang Securities.
SEOUL, Oct 8- Following is a list of events in South Korea as well as news stories and press reports that may influence financial markets. >Korea won't weaken won to spur exports- officials.
TOKYO, Oct 6- Taiwan's Hon Hai Precision Industry Co is asking Sharp Corp to turn the Japanese company's small and mid-sized liquid crystal display panel business into a joint venture between the two, Yomiuri newspaper reported on Saturday.
*Samsung Electronics reported a record quarterly profit of $7.3 billion, nearly double last year's figure, as strong sales of high-end TVs and Galaxy smartphones more than offset reduced orders for chips and screens from Apple Inc, its main rival and leading customer.
LONDON, Oct 5-* U.S. stock index futures pointed to a mixed open on Wall Street on Friday, with futures for the S&P 500 slipping by 0.1 percent, while the Dow Jones and Nasdaq 100 futures contracts rose around 0.1 percent.
*LG Display falls after brokerage downgrade. SEOUL, Oct 5- Seoul shares edged up on Friday after bellwether Samsung Electronics. Shares in Samsung Electronics, which makes up over 15 percent of the benchmark KOSPI.
SEOUL, Oct 5- South Korean shares ended slightly higher on Friday, with heavyweight Samsung Electronics. finishing up 0.22 percent after reporting better-than-expected earnings estimates. The Korea Composite Stock Price Index ended up 0.12 percent at 1,995.17 points.
TOKYO, Oct 5- Sony Corp said it has halted sales of its Xperia tablet PCs, a month after its launch, after discovering gaps between the screen and the case that make some of the machines susceptible to water damage.
HELSINKI, Oct 5- A senior Nokia executive in charge of product marketing has left the company, after a launch event last month for the company's new Lumia smartphones disappointed investors. He spoke to media last month when Nokia unveiled the Lumia 920, a top-of-the-range smartphone using Windows software.
*LG Display dives after brokerage downgrade. SEOUL, Oct 5- Seoul shares edged up on Friday morning but pared earlier gains as weakness in LG Display Co Ltd. "The poor performance of LG Display and other laggards is weighing down on the bounce to the KOSPI following Samsung's announcement," said Kim Chul-jung, an analyst at Korea Investment& Securities.
Rob Bratby, Managing Partner, Olswang Asia, says the legal dispute between Samsung and Apple will eventually result in a settlement and a global cross licensing deal.
SEOUL, Oct 5- The South Korean won. rose to its highest in almost a year in early trade on Friday after strong earnings guidance from Samsung Electronics Co.. Samsung Electronics said it expects a record 8.1 trillion won operating profit for the July-September period earlier Friday.
*MSCI Asia ex- Japan up 0.3 pct, Nikkei opens up 0.3 pct. TOKYO, Oct 5- 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. The MSCI index of Asia-Pacific shares outside Japan.
TAIPEI, Oct 5- Following are news items and media reports that may affect the Taiwan stock market. >Zynga warns of 3rd- qtr loss, lowers 2012 outlook. >Google warns of more Motorola cuts, lifts Q3 bill.