GO
Loading...

Latest Business News Wires - Business Headlines

More

  • *China Telecom Q3 net down, lags China Mobile's 1.3 pct rise, Unicom's 27 pct gain. HONG KONG, Oct 29- China Telecom and China Unicom are set to further narrow the gap in 3 G subscribers with bigger rival China Mobile when Apple launches the iPhone 5 in the world's largest smartphone market as early as this quarter.

  • TOKYO, Oct 29- Nomura Holdings, Japan's largest investment bank, posted its fourth straight quarterly profit on Monday as an upswing in its fixed income operations helped it counter weak equity markets and the fallout from an insider trading probe.

  • MANILA, Oct 29- The Philippines, Asia's most aggressive issuer of sovereign debt, is a notch away from an investment grade credit rating after Moody's Investors Service upgraded its ratings by one level on Monday.

  • KIEV, Oct 29- Ukrainian President Victor Yanukovich's party was on Monday on course to secure a parliamentary majority after an election, but will face an opposition boosted by resurgent nationalists and a liberal party led by boxing champion Vitaly Klitschko.

  • Reuters World News Highlights at 0820 GMT, Oct 29 Monday, 29 Oct 2012 | 8:20 AM ET

    NEW YORK- Hurricane Sandy, which could become the largest storm ever to hit the United States, is set to bring much of the East Coast, including New York and Washington, to a virtual standstill in the next few days with battering winds, flooding and the risk of widespread power outages.

  • European shares fall on Spain and earnings worries Monday, 29 Oct 2012 | 8:09 AM ET

    LONDON, Oct 29- European shares fell on Monday as uncertainty over any rescue deal for Spain and worries over weak results from the region's top companies pushed stock markets lower.

  • Move offers rare chance for miners who may not have considered Japan. TOKYO, Oct 29- Japan's biggest utility, Tokyo Electric Power Co, plans to buy coal from a wider group of suppliers in a drive to cut costs as it starts operations of new coal-fired power stations, a company official said.

  • SINGAPORE, Oct 29- Oil slipped on Monday, with Brent below $109 a barrel, as refineries along the U.S. East Coast wind down operations ahead of approaching Hurricane Sandy, reducing crude use in the world's largest oil consumer.

  • *Initial results put Yanukovich party ahead. *Regions party leaders foresee parliament majority. KIEV, Oct 29- Ukrainian President Victor Yanukovich's party was on Monday on course to secure a parliamentary majority after an election, but will face an opposition boosted by resurgent nationalists and a liberal party led by boxing champion Vital Kitsch.

  • MANILA, Oct 29- The Philippines, Asia's most aggressive issuer of sovereign debt, is a notch away from an investment grade credit rating after Moody's Investors Service upgraded its ratings by one level on Monday.

  • TOKYO, Oct 29- Japan's Prime Minister Yoshihiko Noda made clear on Monday he was in no rush to go to the polls, speaking of the risk of a ``political vacuum'' in a speech likely to anger an opposition that has urged him to keep a promise to call an election soon.

  • METALS-Copper eases on growth, earnings worries Monday, 29 Oct 2012 | 7:31 AM ET

    SINGAPORE, Oct 29- London copper edged down on Monday, but held above 7- week lows plumbed last week, as concern about global growth and leadership change clouded its demand outlook, but the prospect of a recovering U.S. economy cushioned prices.

  • DUBAI, Oct 29- Iran holds pictures of Israeli bases and other restricted areas obtained from a drone launched into Israeli airspace earlier this month, an Iranian lawmaker was quoted as saying on Monday. Lebanese militant group Hezbollah claimed responsibility for the aircraft, saying its parts had been manufactured in Iran and assembled in Lebanon.

  • China shares close at 1 month-low, financials weigh Monday, 29 Oct 2012 | 7:05 AM ET

    HONG KONG, Oct 29- Mainland Chinese shares closed at their lowest in a month on Monday, as investors sold shares to lock in profits on financial firms that have yet to post their third-quarter corporate earnings. The CSI300 Index of the top Shanghai and Shenzhen listings closed down 0.5 percent at 2,235.9, its fifth-straight loss.

  • TOKYO, Oct 29- The yen steadied on Monday and began the week well above last week's lows, as investors looked past the Bank of Japan's expected easing steps and focused on U.S. economic factors.

  • *Honda falls after cutting profit forecast. TOKYO, Oct 29- Japan's Nikkei share average ended flat on Monday as disappointment about a profit warning from Honda Motor Co was balanced by hopes that the Bank of Japan will substantially expand its easing programme when it meets on Tuesday.

  • US STOCKS-Wall St to close Monday, possibly Tuesday Monday, 29 Oct 2012 | 6:45 AM ET

    As Hurricane Sandy bears down on the New York area, regulators, exchanges and brokers grew increasingly worried about the integrity of markets and the safety of employees. A number of companies have postponed scheduled earnings releases, including Pfizer Inc and power firm Entergy Corp, and more were expected to follow suit.

  • JGBs fall as market awaits BOJ meeting on Tuesday Monday, 29 Oct 2012 | 6:34 AM ET

    TOKYO, Oct 29- Japanese government bonds fell on Monday after the previous session's rise and ahead of Tuesday's Bank of Japan meeting, with the market expecting the central bank to further ease monetary policy.

  • SINGAPORE, Oct 29- Oil slipped on Monday, with Brent near $109 a barrel, as refineries along the U.S. East Coast wind down operations ahead of approaching Hurricane Sandy, reducing crude use in the world's largest oil consumer.

  • TOKYO, Oct 29- Nomura Holdings, Japan's largest investment bank, posted its fourth straight quarterly profit on Monday as an upswing in its fixed income operations helped it counter weak equity markets and the fallout from an insider trading probe.