BEIJING/ HONG KONG, Oct 9- China's leading telecom equipment makers accused in a U.S. congressional report of being a potential security risk may face fresh scrutiny in other markets, while American firms operating in China could be vulnerable to retaliation.
Oct 9- China's leading telecom equipment makers accused in a U.S. congressional report of being a potential security risk may face fresh scrutiny in other markets, while American firms operating in China could be vulnerable to retaliation.
*Softbank falls, trumped by KDDI on iPhone 5 sales. TOKYO, Oct 9- Japan's Nikkei share average fell the most in eight sessions on Tuesday on concern that companies will slash profit forecasts further following a World Bank warning that the slowdown in key trading partner China may be more protracted than thought.
Oct 09-=============================================================================== Summary analysis-- Sumitomo Mitsui Trust Bank Ltd.--------------- 09- Oct-2012=============================================================================== CREDIT RATING: A+/ Negative/A-1 Country: Japan Primary SIC: Commercial banks, nec Mult.
*Japan's hefty holding of overseas assets offsets weak exports. TOKYO, Oct 9- Japan's current account surplus unexpectedly rose i n August from a year earlier due to an increase in earnings on overseas investments, but a faltering Chinese economy and Europe's debt crisis still cloud the export outlook.
SAN JUAN CAPISTRANO, Calif.-- Federal regulators have disclosed that the proposed restart of the long-shuttered San Onofre nuclear power plant on California's coast could require an amendment to the plant's operating license, leading to an exhaustive review that could last months or even years.
TOKYO, Oct 9- Japanese government bonds rose on Tuesday, as heightened worries about slowing global growth and sagging stocks supported demand for fixed income assets.
*Won demand from SK Telecom stock sale expected in coming days. up in domestic trade Tuesday in thin trade, tracking the euro's modest rise as investors expected some dollar-selling from foreigners who took part in SK Telecom Co.' s.
TOKYO-- Sales of Toyota and Honda vehicles nosedived in China during September as anti-Japanese sentiment flared over a territorial dispute that threatens to hobble what was a booming business relationship between Japan and its biggest export market.
*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.
TOKYO, Oct 9- Japan's Nikkei share average lost ground on Tuesday on growing concerns that companies will slash full year forecasts during the upcoming earnings season, after the World Bank cut China's growth outlook and warned its slowdown may be more protracted than thought.
ZURICH, Oct 9- Swiss private bank Julius Baer. will cut up to around 1,000 jobs as a result of its purchase of part of Bank of America Merrill Lynch's wealth management business.
SEOUL, Oct 9- Following are key remarks from Bank of Korea Governor Kim Choong-soo at a parliamentary auditing session on Tuesday, translated by Reuters:. ON EXPIRATION OF CURRENCY SWAP EXTENSION WITH JAPAN:. "South Korea did not suggest to end the currency swap extension nor did we offer to extend it."
MELBOURNE, Oct 9- Australian shares climbed 0.5 percent to a fresh 14- month high on Tuesday, with miners boosted by a jump in iron ore prices that helped offset concerns about global economic growth. No. 3 iron ore miner Fortescue Metals Group. rose 3.6 percent and Northern Iron.
HONG KONG, Oct 9- Hong Kong- based Ardon Maroon Fund Management, run by former Wall Street bank executives, has launched an Asia- focused hedge fund with seed capital from a European family office, a company document showed, aiming to profit from events such as mergers and restructurings.
TOKYO, Oct 9- The benchmark Nikkei average. Sanyo Industries Ltd shot up 14.1 percent to 146 yen, a five-month high, after the construction materials maker forecast an operating profit of 200 million yen for the six months ending Sept. 30, up from a previous forecast of an operating loss of 100 million yen, thanks to cost-cutting efforts.
TAIPEI, Oct 9- Taiwan stocks ended down 0.31 percent on Tuesday, with HTC. limit-down after posting a 79 percent fall in net profit in the third quarter, missing forecasts. ASIA-PACIFIC STOCK MARKET REPORTS: Japan..........
ZURICH, Oct 9- Swiss private bank Julius Baer. Baer, which is presenting to analysts and investors details of the acquisition later in London later on Tuesday, also reported that its assets under management had risen to 184 billion Swiss francs at the end of August.
TOKYO, Oct 9- Asian shares rose on Tuesday but gains were moderated by concerns over global growth prospects, especially in the world's second-biggest economy China, and expected weak U.S. corporate earnings. The MSCI index of Asia-Pacific shares outside Japan. added 0.5 percent, pulled higher by Hong Kong and China shares which rose 1.1 percent.
ZURICH, Oct 8- Swiss private bank Julius Baer. Baer, which is presenting to analysts and investors details of the acquisition later in London later on Tuesday, also reported that its assets under management had risen to 184 billion Swiss francs at the end of August.