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Top News & Analysis United States

  • *Tokyo Gas says oil-indexation "not rational". Producers BG Group, Russia, Norway and Qatar regard them as cornerstones of the business. Tokyo Gas, Japan's single biggest importer of oil-linked, called the global gas pricing mechanism "not rational" in light of cheap U.S. gas exports expected to flood markets by 2016..

  • Oct 12- HDFC Bank, India's No.3 lender, met forecasts with a 30 percent year-on-year rise in second quarter profit, led by stronger loan growth, greater fee income and stable net interest margins.

  • COPENHAGEN, Oct 12- Danish wind turbine manufacturer Vestas on Friday said uncertainty surrounding a U.S. Production Tax Credit had led to a fall in turbine orders for next year in the country.

  • *September new yuan loans total 623.2 billion yuan (f'cast 650 billion yuan. BEIJING, Oct 12- Chinese banks made 623.2 billion yuan of new local currency loans in September, data showed Friday, missing market expectations for 650 billion yuan and reinforcing calls for further policy easing to support the slowing economy.

  • Oct 12- HDFC Bank, India's No.3 lender, met forecasts with a 30 percent rise in quarterly profit, led by stronger loan growth, better fee income and stable net interest margins.

  • *Softbank shares down as much as 17 pct in Tokyo* Softbank and Sprint have confirmed in talks* Broker warns of "unacceptable" gearing levels.

  • BEIJING, Oct 12- Chinese banks made 623.2 billion yuan worth of new loans in September, the People's Bank of China said on Friday, slightly lower than market expectations for 650 billion yuan. --New bank lending in September at 623.2 billion yuan.

  • LOS ANGELES, Oct 12- The retired space shuttle Endeavour sets off on Friday for a road trip unlike any of its previous journeys, one that will see it crawl through the streets of Los Angeles instead of hurtling through the solitary reaches of space.

  • *Germany gives no ground on question of Greece. TOKYO, Oct 12- Germany held firm on Friday in insisting it was too soon to say Greece deserved more time to meet its budget-cutting goals even as the head of the IMF laid out the case for leniency.

  • BEIJING, Oct 12- Chinese banks made 623.2 billion yuan worth of new loans in September, the People's Bank of China said on Friday, slightly lower than market expectations for 650 billion yuan. --New bank lending in September at 623.2 billion yuan. SHEN JIANGAUNG, CHIEF ECONOMIST, MIZUHO SECURITIES IN HONG KONG:.

  • Societe Generale strategists expects a key pan-European index to fall 6.6 percent in the next six months as earnings downgrades and slower-than-expected progress in tackling the euro zone crisis hit sentiment after a rally in the third-quarter.

  • BEIJING, Oct 12- Chinese banks made 623.2 billion yuan worth of new loans in September, the People's Bank of China said on Friday, slightly lower than market expectations for 650 billion yuan. SUN JUNWEI, CHINA ECONOMIST, HSBC IN BEIJING:. STEPHEN SCHWARTZ, ASIA CHIEF ECONOMIST, BBVA IN HONG KONG:.

  • Just hours later, Defense Secretary Leon Panetta said the cyberthreat from Iran has grown, and he declared that the Pentagon is prepared to take action if American is threatened by a computer-based assault.

  • Oct 12- Chemring Group Plc said U.S. private equity company Carlyle Group has been granted another extension to the "put up or shut up" deadline to hammer out an offer for the defence equipment maker. The UK takeover panel has extended until Nov. 9 the deadline for Carlyle to table a firm bid for Chemring or walk away.

  • *Turkey- Syria tensions, lower N.Sea output support. SINGAPORE, Oct 12- Brent crude held above $115 a barrel on Friday, trading near four-week highs and on course for its biggest weekly gain in two months, supported by tensions between Turkey and Syria, lower output at North Sea oilfields and upbeat U.S. data.

  • STOCKHOLM, Oct 12- Skanska AB:. *signed a contract to renovate and expand a higher education building for a confidential client in the North East Region of USA. *included in the order bookings for Skanska USA Building for the third quarter 2012 ().

  • CANBERRA, Oct 12- Australian shares edged up 0.1 percent on Friday as gains in index-heavy mining stocks helped break a two-day run of losses, but the market still ended slightly down on the week. gained 0.9 percent to A $33.54 and major rival Rio Tinto Ltd rose 1.8 percent to A $56.40, helped by a rebound in iron ore prices.

  • *Sprint Nextel Corp said Thursday that it was in discussions with SoftBank Corp over a "potential substantial investment". The talks, which began this summer, center on SoftBank, a Japanese telecommunications company, paying $12.5 billion for a stake of about 70 percent in Sprint, according to a person briefed on the matter.

  • Vice President Joe Biden and his Republican rival, Paul Ryan, faced off on Thursday in their only debate before the Nov. 6 presidential election. Here is some fact-checking of claims made by the candidates. RYAN: ECONOMIC GROWTH IS SLOWER NOW.

  • 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.