Asia Top News and Analysis Ukraine


  • LONDON, Oct 11- Palmaris Capital PLC:.

  • Spain worries hurt European equity markets Thursday, 11 Oct 2012 | 4:08 AM ET

    *S&P downgrade to Spain pegs back European equities. LONDON, Oct 11- A rating cut that added to concerns over Spain pegged back European equities on Thursday, although gains in major retail and fashion stocks enabled some key indexes to edge into positive territory.

  • Oct 11- WH Smith Plc said Chief Executive Kate Swann will step down on June 30, after running the books and stationery retailer for a decade, sending its shares down as much as 7 percent. Steve Clarke, managing director of the company's High Street division, will take over from Swann on July 1.

  • Asia Coffee-Vietnam new crop on offer; trade cautious Thursday, 11 Oct 2012 | 4:05 AM ET

    *Vietnam's new crop offered at $30 below London. SINGAPORE, Oct 11- Trading houses offered beans from Vietnam's new crop at discounts to London futures this week, but Indonesian robustas returned to premiums despite a lack of interest from roasters, dealers said on Thursday.

  • Burberry leads Britain's FTSE 100 up from 1-week lows Thursday, 11 Oct 2012 | 4:04 AM ET

    *FTSE 100 up 0.2 pct, off an earlier one-week low. LONDON, Oct 11- Britain's FTSE 100 share index edged up from one-week lows on Thursday, with concerns about the euro zone crisis offset by signs of slightly better trading at luxury fashion house Burberry.

  • *Plans to maintain second parallel listing in Athens* Says will maintain its operations in Greece. ATHENS, Oct 11- Coca Cola Hellenic, the world's second-largest bottler of Coca-Cola Co. soft drinks and Greece's biggest firm by market value, said on Thursday it would switch its main bourse listing to London, where it hopes to tap more liquidity from investors.

  • Citi upgrades U.S. equities to "overweight" despite a slowing world economy with risks to the downside, while avoiding Japanese and euro zone equities on profit concerns. The upgrade of the U.S. comes at the expense of Japan, which is downgraded from "neutral" to "underweight", with profit recovery since the earthquake in 2011 coming in below the bank's expectations.

  • JAKARTA, Oct 11- Bumi Resources sees a proposal to part ways with London- listed coal conglomerate Bumi Plc as a positive development for both sides, a company director said on Thursday. "The development appears positive and a likely all round win-win," said Bumi Resources director and corporate secretary Dileep Srivastava.

  • ATHENS, Oct 11- Coca Cola Hellenic, Greece's biggest company by market value, said on Thursday it would switch its main bourse listing to London, where it hopes to tap more liquidity from investors. Coca Cola Hellenic said in a bourse filing that shareholders would exchange all their stock into shares of Coca Cola HBC AG, a Swiss-based firm.

  • NORWAY GAS-Flows to Europe slip further Thursday, 11 Oct 2012 | 3:29 AM ET

    OSLO, Oct 11- Norwegian gas exports to Europe fell further on Thursday morning as output from Royal Dutch Shell's. Exports to Europe including Britain dropped by 11.3 million cubic metres to 226.5 mcm per day by 0600 GMT compared with the 237.8 mcm daily average on Wednesday, data from gas system operator Gassco showed.

  • European shares steady, Burberry gains Thursday, 11 Oct 2012 | 3:25 AM ET

    LONDON, Oct 11- European shares steadied after cutting earlier losses on Thursday as gains in stocks such as French retailer Carrefour and British luxury goods group Burberry enabled a key European equity index to recover.

  • SINGAPORE/ LONDON, Oct 11- Indonesia's powerful Bakrie family has proposed a parting of ways with London- listed coal conglomerate Bumi Plc, the group they co-founded with financier Nat Rothschild, offering to take back the Indonesian assets they brought less than two years ago.

  • Britain's FTSE steadies near one-week lows Thursday, 11 Oct 2012 | 3:16 AM ET

    Britain's FTSE 100 share index steadied around one-week lows on Thursday, with concerns about the euro zone crisis partly offset by corporates reaffirming rather than downgrading their outlook. The benchmark index was broadly steady at 5,779.00 points by 0712 GMT after earlier hitting its lowest level since Oct. 1 at 5,766.69.

  • UPDATE 2-Direct Line shares rise on London debut Thursday, 11 Oct 2012 | 3:14 AM ET

    *Shares up 3 pct at London opening. By Matt Scuffham and Myles Neligan. LONDON, Oct 11- Shares in British insurer Direct Line opened 3 percent higher on their London Stock Exchange debut on Thursday after Royal Bank of Scotland.

  • Spain woes and weak earnings hit European shares Thursday, 11 Oct 2012 | 3:05 AM ET

    LONDON, Oct 11- European shares fell for the fourth consecutive session on Thursday, as persistent worries over Spain's debt problems and the prospects of weak company earnings hit the region's stock markets.

  • BRIEF-Direct line shares open up 3 percent after IPO Thursday, 11 Oct 2012 | 3:02 AM ET


  • *Shares in London miner Bumi PLC open up 2 percent after bakrie.

  • GlaxoSmithKline pledges more openness on drug data Thursday, 11 Oct 2012 | 2:57 AM ET

    LONDON, Oct 11- GlaxoSmithKline, criticised in the past for keeping important information about its medicines under wraps, is to lift the lid on more of its drug secrets. The European Medicines Agency recently decided to make its own data vaults containing drug company trial results available for systematic scrutiny.

  • UPDATE 1-BAE warns of disruption ahead in U.S. market Thursday, 11 Oct 2012 | 2:53 AM ET

    LONDON, Oct 11- BAE Systems warned on Thursday that it faced uncertainty in its core market, the United States, a day after the collapse of talks with EADS.

  • Slovakia - Factors To Watch on Oct 11 Thursday, 11 Oct 2012 | 2:40 AM ET

    Slovakia's centre-left government drew up a deficit-cutting 2013 state budget bill on Wednesday, primarily raising taxes to help it weather the euro zone debt crisis.