Gold nudged $1,200 an ounce after the Chinese central bank announced it was cutting its benchmark lending and deposit rates.» Read More
*Seoul cites market stability, increased soundness. TOKYO/ SEOUL, Oct 9- Japan and South Korea will not renew a $57 billion currency swap facility designed to protect their economies against financial crisis, a decision they said was not related to a territorial dispute that has cast a chill over ties between the neighbours.
October 09- Following are terms and conditions. of a bond priced on Tuesday.
HONG KONG, Oct 9- These are some of the leading stories in Hong Kong newspapers on Tuesday. --HSBC quietly laid off a number of investment bankers in Hong Kong on Monday. --PCCW chairman Richard Li has become the front runner in bidding for ING's Hong Kong insurance business with reports saying he is willing to double his offer to HK $15.6 billion.
CANBERRA, Oct 9- Australian shares are likely to lack strong direction early on Tuesday, with support from higher iron ore prices and an improvement in China's services sector countered by losses in copper prices and concerns about the global growth outlook.
October 8- Following are terms and conditions. of a bond priced on Monday.
October 08- Following are terms and conditions. of a bond increased on Monday.
October 08- Following are terms and conditions. of a bond priced on Monday.
CAIRO, Oct 8- Egypt's foreign reserves fell by $84 million in September but held above the $15 billion seen as necessary to shore up the pound for a third straight month after foreign donors began fulfilling promises of aid.
What was Wall Street saying about earnings season, Google hitting an all-time high, Facebook’s 1 billion users and European bank stocks? Find out in this week’s CNBC.com Stock Blog Roundup.
HSBC analysts upgrade European equities to "overweight" from "neutral" for the first time in three years as part of a fourth-quarter strategy outlook in which the bank flags financials and utilities as key sector picks and focuses on' value' as an investment theme.
*Artillery shell, mortar bombs from Syria hit Turkey at weekend. ISTANBUL, Oct 8- Turkish assets slipped on Monday as sporadic bombardments from Syria and retaliatory fire from Turkish forces in the southeast of the country continued at the weekend.
Oct 8-:* HSBC raises Halfords Group target price to 330 p from 215 p; rating neutral. *HSBC raises Wolseley target price to 3000 p from 1500 p; rating neutral For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
Oct 8- Axel Springer AG:. *HSBC cuts Axel Springer to underweight from overweight For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.
The HSBC services sector Purchasing Managers' Index rose to 54.3 in September from 52.0 in August, rebounding to its highest level since May thanks to an uptick in the new business sub-index to 54.0- also the highest level in four months.
HONG KONG, Oct 8- Data from the HSBC Hong Kong Purchasing Managers' Index for September:. *The latest PMI figure was the lowest in four months and signalled a deterioration in operating conditions in Hong Kong's private sector as output and new orders declined. *Output contracted in September and the index was at its lowest level since November 2011.
HONG KONG, October 8- News and developments in Asia private equity from Reuters News for the week ending October 5.
*WHAT: Singapore monetary policy statement. The Singapore dollar, the world's 12th most-traded currency, has gained around 5.7 percent so far this year, helped by rising foreign investment in Singapore assets that are seen as a safe haven amid the turmoil in global financial markets.
*1130 Standard Chartered Bank Ltd. EGM in Zhaoyuan City, China. TUESDAY, OCTOBER 9++ COMPANY RESULTS++-# Hang Seng Bank Ltd third interim dividend.++ AGM/SGM/EGM++.
DUBAI, Oct 7- Saudi Arabia's Kingdom Holding, the investment vehicle of Prince Alwaleed bin Talal, is planning to raise up to $500 million from a syndicated loan, with the proceeds largely to refinance existing debt, three banking sources said.
LONDON, Oct 4- Norddeutsche Landesbank, one of Germany's largest wholesale banks, is poised to issue a 144 a dollar covered bond as early as next Tuesday, the first offering of its kind since 2006.. German banks have been absent from the 144 a space since November 2006, when Essen Hypo sold a USD1.25bn long five-year that matured in January 2012.