Wires

  • LONDON, Oct 12- European stock index futures pointed to a lower open on Friday as expectations for weak corporate earnings and concerns about Spain's debt crisis keep investors on the back foot after healthy gains in the previous session.

  • MUMBAI, Oct 12- India's industrial production rose by a higher-than-expected 2.7 percent in August from a year earlier, after contracting in July. COMMENTARY ANUBHUTI SAHAY, ECONOMIST, STANDARD CHARTERED BANK, MUMBAI. SONAL VARMA, INDIA ECONOMIST, NOMURA, MUMBAI.

  • *UBS raises Beiersdorf to buy from neutral. For a summary of rating actions and price target changes on European companies:. Reuters Station users, click. 1580.

  • MOSCOW- Russia's Prime Minister Dmitry Medvedev, his deputy Arkady Dvorkovich along with Agriculture Ministry officials to attend Agriculture fair;. MOSCOW- International Monetary Fund to present its October World Economic Outlook; MOSCOW- Retailer O'Key to present trading update.

  • Oct 12- Fred Olsen Energy ASA:. *UBS raises Fred Olsen Energy target price to Nok 250 from Nok 220;. Reuters Station users, click. 1580.

  • SINGAPORE, Oct 12- India's Reliance Industries. Itochu paid close to $50 a tonne premium to Middle East quotes on a free-on-board basis for the 25,000- tonne heavy naphtha cargo for Oct. 21-25 loading.

  • MUMBAI, Oct 12- India's industrial production rose by a higher-than-expected 2.7 percent in August from a year earlier, after contracting in July. COMMENTARY ANUBHUTI SAHAY, ECONOMIST, STANDARD CHARTERED BANK, MUMBAI. A. PRASANNA, ECONOMIST AT ICICI SECURITIES PRIMARY DEALERSHIP LTD, MUMBAI.

  • Srithai Superware Pcl leads on analyst revisions among 14 companies in Thailand's consumer discretionary sector, tracked by at least three analysts, data from Thomson Reuters SmarMine shows. On the other end of the spectrum, Sri Trang Agro-Industry. lags Thailand's consumer discretionary sector on analyst revisions with an ARM score of 12. CONTEXT:.

  • ===============================================================================KEY INTEREST RATES 2- WEEK REPO DISCOUNT LOMBARD rate 0.25 pct 0.10 pct 0.75 pct last changed Sept 27, 2012 Sept 27, 2012 Sept 27, 2012 former rate 0.50 pct 0.25 pct 1.50 pct.

  • NEW DELHI, Oct 12- India's annual consumer price inflation fell in September to 9.73 percent, driven by a marginal fall in fuel and food prices, government data showed on Friday.

  • MUMBAI, Oct 12- India's industrial production rose by a higher-than-expected 2.7 percent in August from a year earlier, after contracting in July. COMMENTARY RUPA REGE NITSURE, CHIEF ECONOMIST, BANK OF BARODA, MUMBAI. I do not expect the RBI to touch rates on Oct. 30 and deliver just a 25 basis point CRR cut. "

  • at up to 0.5 zlotys per share, the company said, offering creditors the chance to convert their outstanding debt into shares valued at up to 0.6 zlotys each.

  • The Reserve Bank of India said on Friday it accepted all 23 bids for 458.4 billion rupees at its three-day repo auction, through which it injects liquidity into the banking system. DATE APPLICATIONS APPLICATIONS FIXED RATE RECEIVED ACCEPTED.

  • NEW DELHI, Oct 12- India's industrial production. rose by a higher-than-expected 2.7 percent in August from a year earlier, after contracting in July. Analysts polled by Reuters had expected a rise of 1.1 percent in August output.

  • NEW DELHI, Oct 12- India's annual consumer price inflation fell in September to 9.73 percent, driven by a marginal fall in fuel and food prices, government data showed on Friday.

  • SINGAPORE, Oct 12- Spot iron ore prices in top importer China steadied on Friday after a rally earlier this week spurred caution among buyers worried demand in the world's top steel consumer might not rebound significantly. Price offers for imported iron ore cargoes in China, including those from top supplier Australia, were unchanged on Friday, traders said.

  • BRATISLAVA, Oct 12- Here are news stories, press reports and events to watch which may affect Slovak financial markets on Friday. The statistics office will publish September headline and core inflation data, 0700 GMT.

  • SLOVAK EU-NORM INFLATION AUG 12 JULY 12 AUG 11. INDUSTRIAL OUTPUT AUG 12 JULY 12 AUG 11. *INDUSTRIAL ORDERS AUG 12 JULY 12 AUG 11 FY-2011 pct change m/m -1.5 +5.4 +17.1 pct change y/y +14.5 +37.9 +11.0 +8.3 volume 3,241.9 3,434.6 2,887.2 37,202.7.

  • 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.

  • *Britain's FTSE 100 index is seen opening down 15 to 18 points, or 0.3 percent on Friday, according to financial bookmakers, retreating after a strong rise in the previous session after Wall Street pared its gains to end flat and Asian markets fell overnight. *Banks will be in focus as JPMorgan Chase& Co. and Wells Fargo.