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Wires

  • BERLIN, Oct 6- Germany's industry association BDI said on Thursday it raised its forecast for growth in Europe's biggest economy this year to 1.9 percent from previously 1.7 percent. "The German economy is proceeding on its growth path," BDI head Ulrich Grillo said. The improved forecast came after German industrial orders rose more than expected in August,...

  • TOKYO, Oct 6- Investors in Japan's debt markets are betting through the options markets that the central bank will succeed in containing government bond yields within its desired ranges. That strategy involves selling options on Japanese government bonds, earning income from any buyers who want the right to buy or sell JGBs at a later date.

  • BERLIN, Oct 6- German financial watchdog Bafin has found no evidence to date that Deutsche Bank has violated rules on money laundering in Russia, people close to matter said on Thursday. Regulators in Russia, Europe and the United States are investigating Deutsche Bank over so-called "mirror trades", which may have allowed clients to move money from one country to...

  • *Contracts for goods' Made in Germany' up 1.0 pct. BERLIN, Oct 6- Strong demand from euro zone countries and domestic customers drove a bigger-than-expected rise in German industrial orders in August, suggesting factories will contribute to growth in Europe's economic powerhouse in coming months. Contracts for goods' Made in Germany' were up by 1.0 percent on the...

  • *But shale drillers could bring back output at WTI $50 per barrel. SINGAPORE, Oct 6- Oil futures dipped on Thursday after Saudi Arabia trimmed the price of its flagship physical crude to Asia, but were still near more than three-month highs following a drop in U.S. crude inventories. Traders said Thursday's fall reflected weaker physical crude after top exporter...

  • LONDON, Oct 6- British airline easyJet warned its profit would fall by over 25 percent this year as security issues dampened demand and low fuel prices meant there was more competition in the European short-haul market. easyJet's higher exposure to security-hit destinations in Egypt, Turkey and the French cities of Paris and Nice has meant the airline has...

  • LONDON, Oct 6- British defense group BAE Systems said it expected more orders for its Typhoon fighter jets following talks with current and prospective customers, as it reiterated its forecast for full-year earnings. The group said it was trading in line with its expectations, and it still expected to deliver a 5-10 percent rise in underlying earnings per share...

  • Oct 6- British private equity firm SVG Capital Plc said it had agreed on commercial terms for a proposed sale of its investment portfolio to a consortium that included Goldman Sachs and the Canadian Pension Plan Investment Board for 748 million pounds. SVG, which is fending off a $1.35 billion bid from U.S. rival HarbourVest, said the consortium's offer...

  • TOKYO, Oct 6- Japan's Nikkei share average rose for a fourth straight session on Thursday as a weaker yen boosted investors' risk appetite, while Fujitsu Ltd surged on news that Lenovo is taking over its computer business. The Nikkei gained 0.5 percent to 16,899.10 points. Fujitsu surged 5.7 percent after Reuters reported, citing a source, that China's Lenovo...

  • LONDON, Oct 6- easyJet said annual profit would fall by over 25 percent this year, its first drop since 2009, after disruption, security concerns and exchange rate headwinds hit the British airline. easyJet guided that pretax profit would come in between 490 million pounds and 495 million pounds for the year ended Sept. 30 2016, providing guidance for the first...

  • LAUNCESTON, Australia, Oct 6- It's around about now that liquefied natural gas spot prices usually start rising in Asia ahead of winter demand, and this year looks set to hold to the pattern, although any relief for producers is likely to be short-lived. Nine liquefaction trains are expected to start up in 2016, adding 35 million tonnes of LNG to the market, with the...

  • BERLIN, Oct 6- Strong demand from euro zone countries and domestic customers drove a bigger-than-expected rise in German industrial orders in August, suggesting factories will contribute to growth in Europe's biggest economy in coming months. Contracts for goods' Made in Germany' were up by 1.0 percent on the month, the Economy Ministry said on Thursday.

  • BERLIN, Oct 6- Strong demand from euro zone countries and domestic customers drove a bigger-than-expected rise in German industrial orders in August, suggesting factories will contribute to growth in Europe's biggest economy in coming months. Contracts for goods' Made in Germany' were up by 1.0 percent on the month, the Economy Ministry said on Thursday.

  • SINGAPORE, Oct 6- Oil futures dipped on Thursday after Saudi Arabia trimmed the price of its flagship crude to Asia, but were still near more than three-month highs following a drop in U.S. crude inventories. West Texas Intermediate crude futures were trading at $49.55 per barrel at 0544 GMT, down 28 cents or 0.6 percent from their last settlement.

  • HONG KONG, Oct 6- Hong Kong stocks rose on Thursday, lifted by financial and resource shares, following an overnight surge in oil prices and support as some investors built positions ahead of next week's reopening of the China market. China's stock market is closed all this week for the National Day holiday. "Players started to build up their position ahead of the...

  • NEW YORK/ HOUSTON, Oct 6- Robust Asian demand for West African crude is fueling a worldwide surge in shipping rates for the largest oil tankers that is being felt from Houston to Singapore. Increased demand from Asia for this crude has tied up ships and barrels that might have otherwise moved to the United States. The higher prices are leaving brokers and traders...

  • *Elliott fought Samsung Group over merger of 2 arms in 2015. SEOUL, Oct 6- Samsung Electronics Co shares jumped to a record high on Thursday after activist investor Elliott Management submitted unsolicited proposals for a radical corporate makeover at the world's biggest smartphone maker. An attempt by the U.S. hedge fund to wring change at South Korea's...

  • *Malaysian Palm Oil Board data due Oct. 10, after 0430 GMT. KUALA LUMPUR, Oct 6- Malaysia's palm oil stockpiles likely grew in September from a near six-year low the previous month, expanding on rising production and a drop in demand for exports. That would be its highest level since last October, but its weakest September performance since 2010. "We're looking at...

  • TOKYO, Oct 6- The dollar stuck to narrow ranges against its major rivals in Asian trade on Thursday, ahead of this week's nonfarm payrolls report that could reinforce expectations that the U.S. Beleaguered sterling slumped 0.3 percent to $1.2715 after falling as low as $1.2686 on Wednesday, its weakest in more than three decades on fears of the impact of...

  • *Spot gold to test support at $1,260- technicals. Spot gold edged lower 0.1 percent at $1,264.90 an ounce by 0403 GMT. Bullion touched a fresh low of $1,261.59 in the previous session, its lowest since June 24.