*South Africa's PIC in talks with Barclays on BAG stake. JOHANNESBURG, May 4- South Africa's state pension fund is talking to Barclays Plc about buying some of the stake which the British bank is selling in its African business, a source with direct knowledge of the matter said. The PIC is the second investor to show interest in BAG, which runs South Africa's biggest... » Read More
*Stock, options markets shutting down Monday. NEW YORK, Oct 28- U.S. stock and options markets will be closed on Monday, and possibly Tuesday, as regulators, exchanges and brokers worried about the integrity of markets in the face of Hurricane Sandy.
NEW YORK, Oct 28- Wall Street firms were set to open with limited staffing on Monday, as stock markets remain closed ahead of Hurricane Sandy's approach and many traders in other markets as well as other financial professionals worked from home.
TOKYO, Oct 29- Japan's Honda Motor Co cut its full-year net profit forecast by a fifth after sales in China, the world's biggest autos market, were hit by a popular backlash against Japanese products in a dispute over East China Sea islands.
SINGAPORE, Oct 29- Oil slipped on Monday, with Brent near $109 a barrel, as refineries along the U.S. East Coast lowered run rates ahead of approaching Hurricane Sandy, reducing crude use in the world's largest oil consumer. Brent crude had fallen 33 cents to $109.23 a barrel by 0330 GMT, after posting a 0.5 percent loss last week.
TOKYO, Oct 29- Japan's Honda Motor Co cut its full-year net profit forecast by a fifth after sales in China, the world's biggest autos market, were hit by a popular backlash against Japanese products last month in a dispute over East China Sea islands.
TOKYO, Oct 29- The yen got off on a slightly weak footing on Monday but was well off last week's lows, as investors looked past the Bank of Japan's expected easing steps and focused on U.S. economic factors.
TOKYO, Oct 29- Japan's Honda Motor Co cut its full-year net profit forecast by 20 percent after sales in China, the world's biggest autos market, were hit by a popular backlash against Japanese products last month in a dispute over East China Sea islands.
SINGAPORE, Oct 29- Gold edged up on Monday after robust U.S. economic data lifted prices in the previous session, but gains could be capped by a firmer U.S. dollar, as well as lingering concerns about Greece's debt woes and a possible bailout for Spain.
SINGAPORE, Oct 29- London copper inched higher on Monday, recovering from 7- week lows plumbed last week, as the prospect of a recovering U.S. economy buoyed prices, although lingering concerns about global growth kept a lid on gains. *The most-traded February copper contract on the Shanghai Futures Exchange rose 0.42 percent to 56,920 yuan a tonne.
HONG KONG, Oct 29- Hong Kong shares are set to start the week lower on Monday, dragged lower by local developers after the city's government announced last Friday new property cooling measures aimed at curbing price increases. The Hang Seng Index was set to open down 0.3 percent at 21,478.1.
SINGAPORE, Oct 29- Gold edged up on Monday after robust U.S. economic data lifted prices in the previous session, but gains could be capped by a firmer U.S. dollar, as well as lingering concerns about Greece's debt woes and whether Spain will ask for a bailout.
TOKYO, Oct 29- Japan's ruling party looks set to suffer a rout in an election expected in a few months, lagging behind two opposition parties, with voter support for Prime Minister Yoshihiko Noda's cabinet at its lowest since he took office last year, a media poll showed.
TOKYO, Oct 29- Japan's Nikkei share average seen weakening slightly on Monday after gaining 6 percent since Oct. 12 on growing expectations that the Bank of Japan will take substantial easing steps when it meets on Tuesday.
*NYSE, Nasdaq, other exchanges to open for trade Monday. *NYSE, NYMEX floor trading operations suspended. NYSE said on Sunday afternoon that it will close its physical trading floor operations for the first time in nearly three decades due to a weather-related emergency, but would move trading of NYSE- listed stocks to its fully electronic exchange.
Bank of Japan poised to ease as economy takes a hit. *Spain stuck in recession, underscoring euro zone woes. Oct 28- The last employment report before the U.S. presidential election is likely to have something for everyone- for those bullish and bearish on the economy and for Barack Obama and Mitt Romney.
SINGAPORE, Oct 29- U.S. crude futures slipped below $86 a barrel on Monday as refineries along the East Coast lowered run rates ahead of approaching Hurricane Sandy, reducing crude use in the world's largest oil consumer. *U.S. crude for December delivery fell 43 cents to $85.85 a barrel by 2316 GMT.
SYDNEY, Oct 29- The yen got off to a steady start on Monday, having rallied late last week as markets cut bearish positions amid talk the Bank of Japan might not ease as much as expected at its looming policy meeting. The dollar bought 79.63 yen, little changed from late New York levels, having retreated from a high of 80.38.
NEW YORK, Oct 28- Oil refineries along the U.S. East Coast began to cut rates and companies prepared other energy facilities on Sunday ahead of Hurricane Sandy's expected landfall along New Jersey's barrier islands.
LONDON, Oct 28- British Airways cancelled all flights to New York on Sunday and will suspend most services to and from the U.S. East Coast on Monday as the United States braces for the arrival of Hurricane Sandy. The freak storm, due to come ashore in the United States late on Monday, is forecast to bring thrashing winds, flash flooding and even heavy snowfall.
New York, Philadelphia, Washington, Boston in its path. *New York, New Jersey, Amtrak transit systems to shut. The massive storm, which has already killed 66 people in the Caribbean, was headed toward a densely populated region that includes Washington, New York and Boston and its effects could be felt for hundreds of miles, officials warned.