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HONG KONG, Feb 4- Hong Kong shares reversed early gains on Monday, as investors took profit on Chinese insurers after mainland regulators approved HSBC's sale of its remaining stake in Ping An Insurance. *Ping An Insurance dropped 2.8 percent to HK $68.90 in an intra-day reversal, but stayed above the HK $59 per share level that HSBC had priced its stake sale.
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*Sony jumps, still undervalued- analyst. TOKYO, Feb 4- Japan's Nikkei share average hit a fresh 33- month peak on Monday as exporters kept rising and hints of recovery for troubled consumer electronics companies Panasonic Corp and Sharp Corp attracted retail investors.
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BAGHDAD/ DUBAI, Feb 4- Shares in Iraqi mobile telephone operator Asiacell jumped the maximum 10 percent in their Baghdad bourse debut on Monday after investors in the company raised $1.24 billion in Iraq's largest-ever share offer. The shares were at 24.2 dinars at 0707 GMT on the Iraq Stock Exchange.
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TOKYO, Feb 4- Japan Airlines Co Ltd said it will talk to Boeing Co about compensation for the grounding of the 787 Dreamliner, adding that the idling of its jets would cost it nearly $8 million from its earnings through to the end of March.
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*HTC sees Q1 revenue T $50-60 bln, vs Q4 T $60 bln. TAIPEI, Feb 4- Taiwanese smartphone maker HTC Corp expects revenue to be flat to 17 percent lower in the first quarter compared with the previous three months, worse than forecast, while margins are also seen holding steady or shrinking.
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Scores of independent mortgage lenders and community banks are winning business from banks such as Citigroup or Bank of America that have retrenched after the financial crisis.
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HONG KONG, Feb 4- China shares climbed to a successive multi-month high on Monday, helped by strength in coal-related counters as investors welcomed local media reports of a new policy aimed at more sustainable mining practices.
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*Nissan sales up 22.2 pct, Honda up 22 pct. Feb 4- Nissan Motor Co Ltd and other Japanese carmakers saw their China car sales improve in January but figures were skewed due to weak holiday-hit sales a year earlier and questions still hang over progress made since anti- Japan protests last year.
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TOKYO/ SYDNEY, Feb 4- The yen steadied slightly off a 2 1/ 2- year low against the dollar on Monday as option-related buying prompted short-term players to refrain from testing the Japanese currency's downside for now.
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SINGAPORE, Feb 4- Brent crude steadied above $116 per barrel on Monday, holding near a more than four-month high, as data from top consumers China and the United States reinforced a view that the global economy was headed for a modest uptick this year.
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TOKYO, Feb 4- Japanese government bonds slipped on Monday, with the 10- year yield hitting a three-week high, after U.S. jobs and manufacturing surveys showed a recovery in the world's largest economy remained on track. "That's the biggest driver on the JGB yields today," said Yuya Yamashita, rates strategist at J.P. Morgan in Tokyo.
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TOKYO, Feb 4- Japan's Nikkei share average climbed for a fifth straight day to a fresh 33- month peak on Monday as a softer yen led exporters higher, and hints of a recovery for troubled consumer electronics companies saw Panasonic Corp and Sharp Corp attract buying from retail investors.
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NEW YORK, Feb 4- Potash miner Prospect Global Resources Inc won't open its first mine until at least 2015, but the American upstart is already upsetting the multibillion-dollar fertilizer industry where a few players control a crucial ingredient in the global food chain.
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SHANGHAI, Feb 4- The yuan traded at its weakest level in four weeks on Monday after the central bank lowered its guidance midpoint rate following an overnight rise in the dollar.
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HONG KONG, Feb 4- Hong Kong shares rose on Monday to linger near 21- month highs, as investors gave further chase to the rally in the Chinese banking sector at the start of the last full week of trading before the Lunar New Year holiday. The China Enterprises Index of the top Chinese listings in Hong Kong rose 0.2 percent.
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Feb 4- Guaranteed Rate, Inc, a home loan company, opened shop in 2000 in Chicago with a single office. Most of that growth has come in the last two years and Chief Executive Victor Ciardelli said in an interview he is not planning to slow down.
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MELBOURNE, Feb 4- Australia's Aquila Resources Ltd has put a A $7.4 billion iron ore project on ice at least through June due to funding difficulties, as soaring costs and volatile commodity prices take a toll on new mine developments.
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MEXICO CITY, Feb 3- Mexican rescue workers found three more bodies over the weekend amid the rubble of a deadly blast that tore through state oil firm Pemex's main office complex, the government said, as search efforts appeared to near a close.
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*Spot gold neutral in $1,657.54- $1,681.70/ oz- technicals. Investors remain fairly optimistic in the U.S. recovery, which makes gold less attractive, even though recent data is rather a mixed bag, "said Chen Min, an analyst at Jinrui Futures in the southern Chinese city of Shenzhen."
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SINGAPORE, Feb 4- Brent crude steadied above $116 per barrel on Monday, holding near a more than four-month high, as data from top consumers United States and China reinforced a view that the global economy was headed for a modest uptick this year.