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Asia Top News and Analysis Japan

  • TAIPEI, Oct 11- Taiwan stocks fell 1.28 percent on Thursday, underperforming regional bourses, with computer makers. The Taiwan market was closed on Wednesday for a holiday. The Taiwan dollar was up by T $0.053 to trade at T $29.346.

  • *ING's first deal in Asia asset sell-off. HONG KONG/ AMSTERDAM, Oct 11- Pan Asian insurer AIA Group Ltd has agreed to buy ING's Malaysian insurance operations for $1.73 billion in cash, handing the Dutch financial services firm its first deal in a nine-month drive to sell off Asian assets.

  • TOKYO, Oct 11- The IMF prodded the world's rich countries for swifter action on Thursday as Europe's debt crisis drags on while the United States and Japan show scant progress handling their budget deficits.

  • *BOJ board agreed recovery delayed "considerably"- minutes. TOKYO, Oct 11- Signs of considerable delay in Japan's economic recovery and weakening prices drove Bank of Japan policymakers into expanding monetary stimulus last month with some suggesting buying more risk assets or seeking ways to influence currency moves, minutes of the meeting showed.

  • HONG KONG, Oct 11- Hong Kong shares are set to open flat to slightly lower on Thursday, tracking weakness on Wall Street after U.S. corporate bellwethers warned about slower global demand especially ebbing growth in China, the world's second-largest economy.

  • TOKYO, Oct 11- Japan's core machinery orders fell more than expected in August after two straight months of gains, a sign that Europe's debt crisis and weakening exports to China are beginning to sap corporate appetite to spend.

  • Tokai Rika Co Ltd, a car parts maker, slumped 9.3 percent to 908 yen, hitting a three-year low, after Toyota Motor Corp. Toyota lost 2 percent to 2,884 yen, slightly underperforming a 1.8 percent fall in rival Nissan Motor Co.

  • TAIPEI, Oct 11- Following are news items and media reports that may affect the Taiwan stock market. >Lenovo knocks HP off top of global PC market. >Microsoft CEO sees company being more like Apple.

  • TOKYO, Oct 11- The benchmark Nikkei average. Shin-Etsu Chemical Co Ltd gained 1.4 percent to 4,375 yen after Nomura Securities upgraded its rating on the company to' buy' from' neutral', citing growth in demand for PVC in the United States.

  • Japan Has More to Lose From Conflict With China: Pro

    Kelvin Tay, Regional CIO, Southern APAC, UBS Wealth Management explains why he thinks Japan is on the losing end of its dispute with China, especially if the conflict is not resolved expeditiously.

  • TOKYO, Oct 11- One Bank of Japan policymaker said the central bank should consider increasing purchases not just of government bonds but also of risk assets to boost the effect of its monetary expansion, minutes of the BOJ's policy meeting in September showed on Thursday.

  • TOKYO, Oct 11- Japan's Nikkei average fell in early trade on Thursday, heading for a third straight day of losses, on mounting concerns that upcoming quarterly corporate earnings will be weak after a tame start to the U.S. results season. The Nikkei shed 0.8 percent to 8,524.45, while the broader Topix. index dropped 0.7 percent to 711.58.

  • SINGAPORE, Oct 11- U.S. crude steadied above $91 a barrel on Thursday, as traders balanced escalating geopolitical risks with signs of weakening global oil demand. nudged up six cents to $91.31 a barrel in early Asia trading, after dropping more than a dollar the previous session.

  • SYDNEY, Oct 11- Australian shares fell 0.6 percent early on Thursday, following weak leads from Wall Street as U.S. equities sank on corporate warnings of slower growth, with investors waiting on local jobs data later in the morning for an update on the domestic economy.

  • TOKYO, Oct 11- Japan's Nikkei average is set to fall for a third straight session on Thursday on mounting concerns that the upcoming quarterly corporate earnings will be weak after a tame start to the U.S. results season.

  • AMSTERDAM, Oct 11- ING said it has agreed to sell its Malaysian insurance unit to pan-Asian insurer AIA Group Ltd for 1.3 billion euros in cash, kicking off the Dutch group's long-awaited divestment of Asian assets.

  • AMSTERDAM, Oct 11- ING said it has agreed to sell its Malaysian insurance unit to pan-Asian insurer AIA Group Ltd for 1.3 billion euros in cash, kicking off the Dutch group's long-awaited divestment of Asian assets.

  • MELBOURNE, Oct 11- Australian shares are likely to extend losses into a second day on Thursday after U.S. equities sank on corporate warnings of slower growth, though local price moves may be limited ahead of monthly jobs data.

  • Treasury Secretary Timothy Geithner participates in conversation on the global economy with Zanny Minton-Beddoes at a conference sponsored by the Institute for International Finance conference, Tokyo, midnight.

  • HONOLULU-- Average hotel room prices hit an all-time high in Hawaii in August as tourist spending rose and visits from Japan, Korea, China and other markets spiked, a tourism analysis firm said Wednesday.