Japan's current account surplus unexpectedly rose in August from a year earlier due to an increase in earnings on overseas investments, but sagging exports due to the faltering Chinese economy and Europe's debt crisis still cloud the outlook.
BANGKOK, Oct 9- Following is some company-related and market news which could have an impact on the local market. SE ASIA STOCKS-Most retreat amid global concerns; Jakarta off record STOCKS TO WATCH-- POLYPLEX PCL.
TOKYO, Oct 9- A gauge of sentiment in the Japanese government bond market has gone deeper into negative territory, though investors expect buying at the beginning of the second half of the fiscal year to keep yields from rising far from recent ranges, a weekly Thomson Reuters survey showed on Tuesday.
TAIPEI, Oct 9- Taiwan stocks traded flat after a fall at the opening on Tuesday, while HTC. The Taiwan dollar was up by T $0.113 to trade at T $29.289. ASIA-PACIFIC STOCK MARKET REPORTS: Japan..........
TOKYO, Oct 9- Attempts to maintain high growth beyond a country's potential could cause imbalances, Bank of Japan Governor Masaaki Shirakawa said, warning that no economy can maintain high growth indefinitely.
HONG KONG, Oct 9- Hong Kong shares were set for a flat to slightly higher open on Tuesday with investors focused on China's domestic markets for direction, after the International Monetary Fund said China's growth was expected to weaken to 7.8 percent this year.
MELBOURNE, Oct 9- Australian shares climbed 0.5 percent to a fresh 14- month high on Tuesday on 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.
*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 sagging exports due to the faltering Chinese economy and Europe's debt crisis still cloud the outlook.
TAIPEI, Oct 9- Following are news items and media reports that may affect the Taiwan stock market. REUTERS HEADLINES> Taiwan exports return to growth in Sept. >Intel's McAfee security plans layoffs.
TOKYO, Oct 9- Asian shares edged higher on Tuesday but were capped by concerns over global growth prospects, especially in the world's second-biggest economy China, and expected weak U.S. corporate earnings.
TOKYO-- Plagued by uncertainty and fresh setbacks, the world economy has weakened further and will grow more slowly over the next year, the International Monetary Fund says in its latest forecast. Conditions could worsen if the United States doesn't deal with its budget crisis soon, the IMF said.
TOKYO, Oct 9- Bank of Japan Governor Masaaki Shirakawa said on Tuesday attempts to maintain high growth beyond a country's potential could cause various imbalances.
TOKYO, Oct 9- Japan's Nikkei share average fell at Tuesday's open on growing concern that companies will slash full-year earnings forecasts when they announce quarterly earnings, after the World Bank warned China's slowdown could be more protracted than thought. lost 0.5 percent to 8,817.32, while the broader Topix. lost 0.4 percent to 734.44.
TOKYO, Oct 9- Japan's current account surplus unexpectedly rose 4.2 percent in August from a year earlier, Ministry of Finance data showed on Tuesday, although the outlook remains murky as a slowdown in the Chinese economy and Europe's debt crisis are hurting the nation's exports.
SAN JUAN CAPISTRANO, Calif.-- Federal regulators disclosed Monday that the proposed restart of the long-shuttered San Onofre nuclear power plant in California could lead to an exhaustive review that might last months or even years.
TOKYO, Oct 9- Suzuki Motor Corp is considering investing several billion yen to build a car assembly plant in Myanmar by 2015, eyeing a growing market there, the Asahi newspaper said on Tuesday. The Japanese carmaker hopes to build a plant with annual capacity of 20,000 to 30,000 cars in a planned industrial complex at Thilawa, close to Yangon, the Asahi said.
rose 38 cents to $89.71 a barrel in early Asia trading, after dropping 55 cents the previous session. *Turkish President Abdullah Gul said on Monday the "worst-case scenarios" were now playing out in Syria and Turkey would do everything necessary to protect itself, as its army fired back for a sixth day after a shell from Syria flew over the border.
TOKYO, Oct 9- Japan's Nikkei share average was seen starting weak on Tuesday as concerns grow that companies will slash full year forecasts when they announce quarterly earnings, after the World Bank warned China's slowdown could be more protracted than thought.
MELBOURNE, Oct 9- Australian shares eked out a 0.1 percent gain early on Tuesday, with support from higher iron ore prices countered by concerns about the global growth outlook after the IMF cut its economic forecasts for the second time since April.
*Euro zone, IMF hold "robust" debate on next steps on Greece. *Germany, others say Spain does not need financial help* No progress on Greece likely until troika report completed* Permanent, 500 bln euro rescue fund formally inaugurated.