Speaking in Singapore, Kerry said the so-called " Trans Pacific Partnership" would benefit the people of all nations involved and serve as a model for responsible global industry and commerce. His address at Singapore Management University comes just days after trade ministers failed to bridge final gaps and seal the accord at talks in Hawaii.» Read More
The company also said revenue growth forecast for the current fiscal year that ends in March 2013 does not include the revenue from Lodestone Holding AG. India's benchmark 10- year bond yield. India's benchmark 5- year OIS up 3 bp at 7.00 percent, while the 1- year rate up 1 bp at 7.61 percent.
Oct 11- Moody's Japan K.K. has assigned a rating of A2 to Nippon Life Insurance Company's proposed issuance of USD-denominated step-up callable subordinated notes with a maturity of 30 years.
Weekly applications for unemployment aid fell to their lowest since February 2008, the U.S. government said Thursday. "I think you need to wait for a few months to see more figures to confirm the jobs recovery in the U.S.," said Francis Lun, managing director of Lyncean Holdings in Hong Kong.
By John Whitesides and Andy Sullivan. Vice President Joe Biden leaped to the attack against Republican challenger Paul Ryan in a lively debate on Thursday, aggressively defending the Obama administration's economic and foreign policies to try to regain momentum in the White House race.
AMSTERDAM, Oct 12- Nutreco NV:. *Nutreco reaches agreement on the sale of its hungarian business to Nuscience Group. *Sells Trouw Nutrition KÃ¶ rnye Kft's business to Nuscience Group, the premix and specialty division of the Dutch cooperative Royal Agrifirm Group.
MANILA, Oct 12- The Philippines is on track to at least match its previous record sales of retail treasury bonds, having sold 128 billion pesos of 25- year retail bonds less than halfway through the public offer period. Manila has cancelled a treasury bill auction set for Oct. 15, and an Oct. 23 auction of 7- year bonds to make room for the offer.
*China economic data and NZ inflation on the horizon. WELLINGTON/ SYDNEY, Oct 12- The Australian and New Zealand dollars inched higher on Friday after Singapore's central bank surprised markets by sounding more upbeat on its economy than many had feared, enough to skip a chance to ease policy.
Shares in Thailand's biggest cinema operator, Major Cineplex Group Pcl hit a five-month high, outperforming the media subindex, on the back of a strong cinema advertising spending, brokers said. Major Cineplex shares were up 3.1 percent at 19.7 baht, climbing at one point to 19.8 baht, the highest since May 11.
,India's No.2 software exporter, falls 6.9 percent after the company's revenue growth forecast for the fiscal year that ends in March failed to meet market expectations. *However, the company's revenue growth forecast for the current fiscal year does not include the revenue from Lodestone Holding AG, Chief Financial Officer V. Balakrishnan said on Friday.
*Softbank shares down as much as 17 pct in Tokyo* Softbank and Sprint have confirmed in talks By Taro Fuse and Mari Saito.
TOKYO, Oct 12- An earthquake with a preliminary magnitude of 5 hit eastern Japan on Friday, public broadcaster NHK said.
ALMATY, Oct 12- Kazakhstan's oil pipeline monopoly KazTransOil plans to raise 30 billion tenge via an initial public offer as part of the Central Asian nation's "People's IPO" programme, a senior sovereign wealth fund official said on Friday.
*China money rates flat, liquidity remains ample. SHANGHAI, Oct 12- China's money market rates were little changed on Friday, as conditions remained loose following a large injection of funds by the central bank this week.
*Puts 5 investments worth $40 mln into separate vehicle. HONG KONG, Oct 12- Senrigan Capital, an Asia- focused hedge fund backed by Blackstone Group, has removed five investments from its portfolio and placed them into a separate vehicle after heavy losses this year, two sources familiar with the matter said.
FREMONT, Calif.-- IGate beat third-quarter profit beat market expectations on better margins, but the information technology company said Friday that delays in contract renewals has slowed revenue growth. Shares of IGate Corp. fell 17 cents to $17.65 by midday, in line with broader market trends.
CAPE TOWN, Oct 12- A deal to end a three-week truck driver strike in South Africa, which has hit deliveries of fuel, cash and consumer goods, is imminent, the Road Freight Employers Association said on Friday.
Bank and energy stocks led the way lower after investors had a mixed reaction to earnings reports from JPMorgan Chase and Wells Fargo. Investors haven't had much to get excited about, with mixed results this week from U.S. companies including Alcoa, Safeway and Yum Brands. The S&P 500 is up more than 11 percent since June 1.
PARIS, Oct 12- French electricity giant EDF. France, the world's most nuclear-reliant nation, has been grappling with heavy maintenance work and delayed restarts at its reactors for the past six months.
Oct 12- Fitch Ratings has affirmed the Long-term Issuer Default Ratings of Russia's Home Credit and Finance Bank at' BB-', and thereby resolved the Rating Watch Positive on the ratings. Fitch placed HCFB's ratings on RWP on 23 May 2012, reflecting the view that the bank's stand-alone credit metrics warranted a higher rating than the' BB-' level.
Enterprise Holdings provides half of all car rentals in the $22 billion U.S. car rental market, and has a big lead over No. 2 Hertz Global Holdings Inc, even after that company buys Dollar Thrifty Automotive Group.