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  • *Hong Kong shares lead Asia equity markets lower. "In some ways it is reminiscent of 2008 with tightening credit markets, bank shares under pressure and worries central banks are powerless," said Shane Oliver, head of investment strategy at AMP Capital, though he suspects markets are being overly pessimistic this time. The flight from risk told on Asian shares, with...

  • *Japan on holiday, South Korea stocks resume with sharp loss. SYDNEY, Feb 11- Asian shares sputtered on Thursday as U.S. Federal Reserve Chair Janet Yellen's tone of guarded optimism led to an indecisive finish for Wall Street and further weakness for the dollar.

  • LONDON- Bank of England deputy governors, Jon Cunliffe and Andrew Bailey, to appear at Lords committee on euro zone financial system- 1130 GMT. SYDNEY- Reserve Bank of Australia Governor Glenn Stevens appears before the House of Representatives' Standing Committee on Economics in his twice yearly parliamentary testimony- 2230 GMT. WASHINGTON- Federal Reserve...

  • *Asahi eyes overseas expansion beer sales fall in Japan. TOKYO/ LONDON, Feb 10- Asahi Group Holdings Ltd is in exclusive talks to buy SABMiller's Peroni, Grolsch and Meantime beer brands for 2.55 billion euros, it said on Wednesday, as the Japanese company aims to offset slow growth at home. With Peroni, Grolsch and Meantime, Asahi would get sizeable footholds in the...

  • TOKYO/ BRUSSELS, Feb 10- Asahi Group Holdings Ltd has offered to buy SABMiller's Peroni, Grolsch and Meantime beer brands for 2.55 billion euros, it said on Wednesday, as the Japanese company seeks to offset slow growth at home. Asahi is Japan's biggest brewer with a 38 percent market share, but the company has sought growth outside of Japan where a shrinking...

  • LONDON, Feb 10- The dollar struggled to climb off 3-1/ 2- month lows on Wednesday as worries over a global economic slowdown weighed and traders waited for more tips on the likely course of U.S. interest rates from Federal Reserve Chair Janet Yellen. Despite a shock move from the Bank of Japan to adopt negative interest rates two weeks ago, the yen hit a 15- month high...

  • *Asahi eyes overseas growth as beer sales fall in Japan. TOKYO, Feb 10- Asahi Group Holdings Ltd has reached a preliminary deal to buy SABMiller PLC's Peroni and Grolsch beer brands for over 400 billion yen, the Nikkei daily reported, as part of efforts to offset slow growth at home. But the company has sought grow outside Japan where beer sales have fallen over the...

  • *Bank shares lead Europe stocks up after Asia falls. LONDON, Feb 10- European stocks rose on Wednesday, rallying after losses in Asia, as concerns about the health of banks that have hammered shares globally in recent days eased and oil prices recovered from Tuesday's steep falls. Investors and traders were looking ahead to Congressional testimony from Federal...

  • LONDON, Feb 10- The dollar languished close to a 3-1/ 2- month low against a basket of major currencies on Wednesday, as traders waited for U.S. interest rate guidance from Federal Reserve Chair Janet Yellen. Worries over sliding commodity prices, a slowing China and the health of European banks have also dampened dollar demand in favour of safe-haven assets such...

  • TOKYO— Japanese automaker Nissan reported Wednesday a 25 percent increase in fiscal third-quarter profit to 127.2 billion yen on strong sales. Nissan, based in the port city of Yokohama, left its full-year forecasts unchanged at 535 billion yen profit, up 17 percent from the year before, on 12.3 trillion yen in sales, up 8 percent. Sales were weak in Japan in recent...

  • SoftBank Group Corp. reported Wednesday a 2.3 billion yen October-December profit, down from 18.7 billion yen the same period a year earlier. As the first to offer the iPhone in Japan, SoftBank's business in Japan is going strong, but it has faced a challenge with money-losing Sprint. The company based in Overland Park, Kansas, says it's on track to cut $800 million...

  • TOKYO, Feb 10- Japanese government bonds slipped on Wednesday, as investors took profits ahead of a public holiday and a day after the benchmark yield slipped into negative territory for the first time. JGBs have soared, putting downward pressure on yields, since the Bank of Japan adopted negative interest rates on Jan. 29, under which banks have to pay interest on...

  • Japanese Prime Minister Shinzo Abe.

    Shinzo Abe has defended the Bank of Japan's handling of monetary policy, after the central bank's surprise move on rates unsettled global markets.

  • Stock benchmarks also fell in Southeast Asia, India and New Zealand. Markets are closed in China, Taiwan, Hong Kong and South Korea for Lunar New Year holidays. Hong Kong and Korea reopen on Thursday and China and Taiwan resume trading on Monday.

  • *Japan's Nikkei extends steep losses, hits 16- mth low. TOKYO, Feb 10- Asian stocks fell on Wednesday on growing concerns about the health of the world's banks, particularly in Europe, pushing investors into safer assets such as the yen, which stood near a 15- month high versus the dollar. Spreadbetters expected the pessimism to carry over into Europe, forecasting a...

  • TOKYO, Feb 10- Asian stocks dipped early on Wednesday amid growing concerns about the health of the global banking sector, particularly in Europe, while the safe-haven yen stood near a 15- month high versus the dollar. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.7 percent. Japan's Nikkei, which sank more than 5 percent Tuesday, extended...

  • *Abenomics rally has come to an end- analyst. TOKYO, Feb 10- Japan's Nikkei share average fell more than 2 percent to its lowest level since October 2014 on Wednesday as worries about the health of global banks persisted. It had dropped to as low as 15,626.04 earlier, a level not seen since Oct. 30, 2014.

  • TOKYO, Feb 10- Japanese retail traders have turned bullish on the yen for the first time in 2-1/ 2 years, a telling sign they are losing confidence over government efforts to cheapen the currency. "Japanese individual investors don't look like they will be bullish on the dollar and bearish on the yen any time soon, as far as recent market moves go," said Takuya Kanda,...

  • What's behind Japan's market sell-off? Tuesday, 9 Feb 2016 | 5:49 PM ET
    BOJ Rates

    Japan markets' extreme volatility is in response to the global panic environment and Fed uncertainty, explains Ed Rogers from Rogers Investment Advisors.

  • Business events scheduled for Wednesday Tuesday, 9 Feb 2016 | 1:28 PM ET

    WASHINGTON— Fed Chair Janet Yellen testifies to House committee on monetary policy, 10 a.m. Eastern; Embargo on prepared testimony lifts at 8:30 a.m.. WASHINGTON— Treasury releases federal budget for January, 2 p.m.. Tesla Motors Inc. reports earnings after the market close.