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Asia Top News and Analysis Taiwan

  • Taiwan's EVA Airways recently announced it will begin Yangon- Bangkok- Taipei flights on Oct. 19. Deputy Director of Civil Aviation Nweni Win Kyaw told The Associated Press several other airlines have recently announced direct flights to Yangon, including Korean Air, Japan's ANA and Germany's Condor.

  • *Taiwan's Fubon seeks 51 pct stake in First Sino Bank- sources* "Smooth communication" between Fubon, China regulators* Taiwan's Mega studying rival proposal By Faith Hung and Emily Chan.

  • MELBOURNE, Oct 3- Australian shares edged up to a 14- month closing high on Wednesday as banks and broader stocks were boosted by an interest rate cut and a weaker local dollar, enhancing export prospects. He noted markets were cautious after Spain said a request for European aid was not imminent.

  • MELBOURNE, Oct 3- Australian shares edged up to a 14- month closing high on Wednesday as banks and broader stocks were boosted by an interest rate cut and the local dollar weakened, enhancing export prospects.

  • TAIPEI, Oct 3- Taiwan stocks ended down 0.44 percenton Wednesday, dragged lower by defensive plays such as paper. The Taiwan dollar was up by T $0.065 to trade at T $29.32. ASIA-PACIFIC STOCK MARKET REPORTS: Japan..........

  • "Quite frankly, it's Japan- China relations," the paper quoted an official at the Tokyo branch of Agricultural Bank of China in explaining why the bank was pulling out. Sino-Japanese relations deteriorated sharply after Japan in September bought the East China Sea islets that both Tokyo and Beijing claim, sparking anti- Japan protests across the country.

  • "Quite frankly, it's Japan- China relations," the paper quoted an official at the Tokyo branch of Agricultural Bank of China in explaining why the bank was pulling out. Sino-Japanese relations deteriorated sharply after Japan in September bought the East China Sea islets that both Tokyo and Beijing claim, sparking anti- Japan protests across the country.

  • TAIPEI/ SYDNEY, October 03 Fitch Ratings has affirmed Taiwan- based Bank SinoPac's Issuer Default Rating at' BBB' and its parent SinoPac Financial Holdings' IDR at' BBB-', both with Stable Outlook.

  • GLOBAL MARKETS-Dollar firms on uncertainty over Spain bailout timing. revised down its 2012 capital expenditure to around $165 million- $190 million from $300 million earlier, on concern over sluggish global coal industry, said finance director John Joseph Ramos, adding that the firm has delayed working on some infrastructure projects until the next year.

  • MELBOURNE, Oct 3- Australian shares hit a 14 month-high on Wednesday as banks and broader stocks surged after the central bank cut interest rates and the local dollar weakened, enhancing export earnings. Top banks were all higher, led by National Australia Bank. "People are rethinking everything," said Macquarie Equities division director Lucinda Chan.

  • GLOBAL MARKETS-US stocks flat, euro up as Spain bailout in focus. >Wall St slips on Spain, earnings worries. >Euro hampered by Spain; AUD bruised by rate cut.

  • MANILA, Oct 3- The Asian Development Bank released its revised 2012 outlook for 45 economies in developing Asia, which spans the Pacific to Central Asia. Central Asia: Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyz Republic, Tajikistan, Turkmenistan, Uzbekistan. South Asia: Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Sri Lanka.

  • TAIPEI, Oct 3- Taiwan stocks rose 0.11 percent on Wednesday, with LCD makers. AU Optronics advanced 1.41 percent, after a media report that it has received 50 percent more orders for Apple's iPad Mini after improving a light leakage problem. The Taiwan dollar was up by T $0.065 to trade at T $29.32.

  • GLOBAL MARKETS--US stocks flat, euro up as Spain bailout in focus. -San Miguel Brewery Inc to list 2017 Series D bonds for trading on the Philippine Dealing& Exchange Corp platform. -Ninth meeting of the Asia-Pacific Tax Forum, Makati Shangri-La Hotel, Makati City.

  • TAIPEI, Oct 3- Following are news items and media reports that may affect the Taiwan stock market. REUTERS HEADLINES> Google withdraws patent complaint against Apple. and Hon Hai in 2013.-- AU Optronics.

  • MELBOURNE, Oct 3- Australian shares rose 0.3 percent to a fresh five-month high on Wednesday, lifted by gains in top banks even as miners lost ground. was up 12 points at 4,444.7 by 0017 GMT, its highest since May 1. ()DIARIES& DATA: IPO diary& data Asia earnings diary U.S. earnings diary European diary Australia diary Wall Street Week Ahead Eurostocks Week Ahead.

  • GLOBAL MARKETS-US stocks flat, euro up as Spain bailout in focus. -Keppel Corp is in talks with Malaysian state oil firm Petronas to invest in a new gas-fired power plant in Johor that could supply electricity to Singapore, the Straits Times reported without identifying its sources.

  • *Former international trade and industry Aziz attends Asian Business Seminar Circuit 2012 at The Ritz-Carlton Hotel, Kuala Lumpur at 0800 am. *The CNBC Summit Malaysia at Hilton Hotel, Sentral, Kuala Lumpur at 0845 am. *Halal Industry Development Corp hands flag to the Malaysian Culinary Team at Hilton Hotel, Jalan Stesen Sentral, Kuala Lumpur at 0900 am.

  • CANBERRA, Oct 3- Australian shares are set to open higher on Wednesday, extending recent gains after the Reserve Bank of Australia cut its main cash rate, although uncertainty over Europe's debt crisis and China's growth will still weigh on investor sentiment.

  • Homeland Security Secretary Janet Napolitano described it as a "logical development in close security, economic and people-to-people" ties between the U.S. and Taiwan.