Wires

  • LONDON, Oct 9- The board of Britain's BAE Systems. met on Tuesday ahead of a pending deadline in talks over a proposed $45 billion merger with Airbus parent EADS, a source familiar with the talks told Reuters.

  • ----------PREVIOUS ITEMS Govt plans to build 10-15 airports, upgrade 50 others- Financial Express---------- NMDC to cut iron ore prices by up to 11 pct for Oct- PTI in Business Line---------- Apollo Health plans to expand branded clinics five-fold- Mint---------- Tata Steel shifts focus to India to beat Europe slowdown- Mint----------.

  • WELLINGTON, Oct 9- New Zealand infrastructure investor Infratil Ltd is planning an issue of six year bonds, the company said on Tuesday. It said the offer would be in two parts, the first of NZ $25 million in November 2018 bonds, with oversubscriptions of up to NZ $50 million.

  • Turkish President Abdullah Gul said on Monday that the worst case scenarios between his country and Syria are now playing out, fuelling concerns that the 18- month old conflict in Syria may spread to other countries in the region.

  • *Softbank falls, beaten by KDDI on sales of iPhone 5. TOKYO, Oct 9- Japan's Nikkei share average dropped on Tuesday morning amid growing concern that companies will slash full year forecasts when they release quarterly earnings, after the World Bank warned China's slowdown may be more protracted than thought.

  • HANOI, Oct 9- Data released by the Vietnam Automobile Manufacturers' Association:. Vietnam monthly vehicle sales ____________________2012_______________________ __2011 Month Sept Aug July June May April March Feb Sept Units 7,018 6,448 6,737 5,858 5,765 6,004 7,545 6,149 10,216.

  • COMMERCIAL BANKS' CASH AS ON AVG DAILY CASH FORTNIGHT BALANCES WITH RBI DATE RESERVE REQUIREMENT ENDING 2,601.6400 04/ 10 3,019.2000 05/ 10 2,641.4300 03/ 10 3,019.2000 05/ 10 3,235.8200 02/ 10 3,019.2000 05/ 10 3,235.8200 01/ 10 3,019.2000 05/ 10 3,420.5000 29/ 09 3,019.2000 05/ 10 3,360.6100 28/ 09 3,019.2000 05/ 10 3,144.3200 27/ 09 3,019.2000 05/ 10 3,038.2600 26/ 09 3,019.2000 05/ 10 3,192.3100 25/ 09 3,019.2000 05/ 10 3,130.1100 24/ 09 3,019.2000 05/ 10 3,122.5700 22/ 09 3,019.2000 05/ 10 3,195.7200 21/ 09 3,172.5000 21/ 09 3,243.4800 20/ 09 3,172.5000 21/ 09 3,155.0800 19/ 09 3,172.5000 21/ 09 3,136.0400 18/ 09 3,172.5000 21/ 09 2,946.4300 17/ 09 3,172.5000 21/ 09 3,255.7000 15/ 09 3,172.5000 21/ 09 3,481.2400 14/ 09 3,172.5000 21/ 09 3,221.2400 13/ 09 3,172.5000 21/ 09 3,187.3400 12/ 09 3,172.5000 21/ 09 3,342.4800 11/ 09 3,172.5000 21/ 09 3,146.0900 10/ 09 3,172.5000 21/ 09 3,188.1700 08/ 09 3,172.5000 21/ 09 3,171.0000 07/ 09 3,156.9000 07/ 09 2,947.0500 06/ 09 3,156.9000 07/ 09 2,961.4300 05/ 09 3,156.9000 07/ 09 3,096.5500 04/ 09 3,156.9000 07/ 09 3,132.0200 03/ 09 3,156.9000 07/ 09 3,393.6800 01/ 09 3,156.9000 07/ 09 3,301.2000 31/ 09 3,156.9000 07/ 09 3,175.7400 30/ 08 3,156.9000 07/ 09 3,262.0100 29/ 08 3,156.9000 07/ 09 3,249.5700 28/ 08 3,156.9000 07/ 09 3,244.1700 27/ 08 3,156.9000 07/ 09 3,219.7500 25/ 08 3,156.9000 07/ 09 2,939.2100 23/ 08 3,100.7800 24/ 08 2,974.5500 22/ 08 3,142.2000 24/ 08 3,006.9800 21/ 08 3,142.2000 24/ 08 3,300.0800 20/ 08 3,142.2000 24/ 08 3,301.5000 18/ 08 3,142.2000 24/ 08 3,276.4300 17/ 08 3,142.2000 24/ 08 3,192.0700 16/ 08 3,142.2000 24/ 08 3,247.4100 15/ 08 3,142.2000 24/ 08 3,247.4100 14/ 08 3,142.2000 24/ 08 3,083.8900 13/ 08 3,142.2000 24/ 08 3,242.6900 11/ 08 3,142.2000 24/ 08 3,237.6600 10/ 08 3,134.6000 10/ 08 3,161.4600 09/ 08 3,134.6000 10/ 08 2,988.4400 08/ 08 3,134.6000 10/ 08 2,892.0600 07/ 08 3,134.6000 10/ 08 3,039.5500 06/ 08 3,134.6000 10/ 08 3,174.7600 04/ 08 3,134.6000 10/ 08 3,177.8400 03/ 08 3,134.6000 10/ 08 3,176.5700 02/ 08 3,134.6000 10/ 08 3,315.0000 01/ 08 3,134.6000 10/ 08 Source- RBI website:.

  • The broker's top picks are Ezion Holdings Ltd, Nam Cheong Ltd and Technics Oil and Gas Ltd, which it said are trading at a discount of 25-50 percent to the 2013 fiscal year price-earnings valuations for big-caps. 10:45 STOCKS NEWS SINGAPORE- OCBC raises target on Frasers Commercial Trust.

  • *Nifty futures on Singapore Exchange. *Analysts expect markets to focus on July-September earnings now, with Infosys reporting results on Oct. 12. Treasury Secretary Timothy Geithner and Fed Chairman Ben Bernanke on a two-day visit to India.

  • SINGAPORE, Oct 9- U.S. 10- year Treasuries rose on Tuesday as a lacklustre performance by equities in the past couple of sessions helped ease selling pressure that had been triggered by a surprise drop in the U.S. jobless rate. The S&P 500 ended a tad lower on Friday and slipped 0.4 percent.

  • Treasury Secretary Timothy Geithner, Fed Chairman Ben Bernanke start a two-day visit to India. *India Power Minister to address press at Economic Editors Conference. *India oil minister and company officials at Economic Editors Conference.

  • ----------PREVIOUS ITEMS NMDC to cut iron ore prices by up to 11 pct for Oct- PTI in Business Line---------- Apollo Health plans to expand branded clinics five-fold- Mint---------- Tata Steel shifts focus to India to beat Europe slowdown- Mint----------.

  • *Tender closes on Oct. 19, valid until Oct. 26. SINGAPORE, Oct 9- Pakistan State Oil is seeking up to 845,000 tonnes of oil products for delivery from November 2012 to February 2013, about 50 percent more than it bought for September to December delivery, a tender document showed on Tuesday. The tender closes on Oct. 19 and is valid until Oct. 26.

  • JAKARTA, Oct 9- Sampoerna group, one of Indonesia's leading conglomerates, is leading a consortium of local investors that is in talks to buy a 50 percent stake in PT Fajar Bumi Sakti, a coal unit of Bumi Resources, for around $200 million, sources said.

  • SINGAPORE, Oct 9- Pakistan State Oil is seeking 845,000 tonnes of oil products for delivery from November 2012 to February 2013, about 50 percent more than it bought for September to December delivery, a tender document showed on Tuesday.

  • ----------PREVIOUS ITEMS Apollo Health plans to expand branded clinics five-fold- Mint---------- Tata Steel shifts focus to India to beat Europe slowdown- Mint----------.

  • *Asian shares rose on Tuesday but were capped by concerns over global growth prospects, especially in the world's second-biggest economy China, and expected weak U.S. corporate earnings.

  • TOKYO, Oct 9- Japanese film and medical equipment maker Fujifilm Holdings Corp has had some sales deals in China put on hold amid anti- Japan sentiment triggered by a territorial dispute, its CEO said on Tuesday.

  • DAILY INDICATORS Monday Previous Taka/US$ 81.32-81.35 81.37-81.49. Call money rate 08.00-08.50 04.00-09.50.

  • SEOUL, Oct 9- Isolated North Korea has rockets that can hit the U.S. mainland, it said on Tuesday, two days after South Korea struck a deal with the United States to extend the range of its ballistic missiles.