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AsiaBulletin.com Monday 6th February 2012 Edition 062/10
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Asian stocks rise after US unemployment falls
BANGKOK -- Asian stock markets climbed Monday after U.S. unemployment fell to its lowest in three years, suggesting a stronger recovery in the world's No. 1 economy that could benefit the...


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Asian markets rise on strong US jobs data
HONG KONG: Asian shares rose Monday, tracking gains on Wall Street after strong US jobs data but worries about Greece's unresolved debt crisis -- and default fears -- weighed on markets and the...
Hang Seng up 1.13pc at open
(2 hrs 37 mins ago) Hong Kong stocks opened 1.13 percent higher following strong gains on Wall Street driven by promising economic data. The benchmark Hang Seng Index rose 234.88 points to...
JGBs fall after upbeat U.S. jobs report
TOKYO, Feb 6 (Reuters) - Japanese government bonds fell on Monday after a better-than-expected U.S. jobs report lowered expectations of further stimulus by the Federal Reserve and increased risk...
Asia Private Equity Weekly News, February 6, 2012
HONG KONG, February 6 (Reuters) - News and developments in Asia private equity from Reuters News for the Lunar New Year and week ending Feb....
UPDATE 1-TPG holds first close of $635 mln on China funds
HONG KONG/SHANGHAI Feb 6 (Reuters) - Global private equity fund TPG Capital LP said on Monday that it has secured about 4 billion yuan ($635 million) in commitments and held a first close on its...
Asian Stocks Rise After U.S. Unemployment Falls
BANGKOK (AP) - Asian stock markets climbed Monday after US unemployment fell to its lowest in three years, suggesting a stronger recovery in the world's No. 1 economy that could benefit the region's...
Asia Markets: Asian shares climb after U.S. data
SYDNEY (MarketWatch) -- Asian shares climbed on Monday, with commodity and exporters outperforming after data indicated that the U.S. economy is...
Nikkei rises 1.2 pct on strong U.S. jobs data
TOKYO, Feb 6 (Reuters) - Japan's Nikkei share average rose more than 1 percent in early trade on Monday after stronger-than-expected U.S. jobs data boosted hopes of further improvement in the...
Hong Kong shares set to start higher, Chinese banks eyed
HONG KONG, Feb 6 (Reuters) - Hong Kong shares are set to start the week higher on Monday with growth-sensitive sectors likely to lead gains, tracking a Wall Street rally on Friday after U.S. jobs...
HK shares close up 0.1 pct, extend weekly winning streak
HONG KONG Feb 3 (Reuters) - Hong Kong shares reversed early losses to edge higher on Friday, posting a fifth straight weekly gain, but turnover slumped to the lowest in about three weeks ahead of...
PRECIOUS-Gold edges up after heavy losses on US jobs surprise
SINGAPORE, Feb 6 (Reuters) - Spot gold edged higher on Monday after surprisingly strong U.S. jobs data sent prices down nearly 2 percent in the previous session, as investors shifted focus to a...
Australian Dollar Outlook - 02/06/2012
: The AUD/USD traded to a high of 1.0790 following the release of the US payrolls data. The US Non-Farm Payrolls data for January reported a rise by 243k against the markets expectations for a rise...
Australian Dollar at Risk of Major Selloff amid RBA Rate Cut
n dollar had a great run coming into February, we expect the high-yielding currency to come under pressure next week as the Reserve Bank of is expected to lower the benchmark interest rate from 4.25...
U.S. police clear DC Occupy site, protesters look to a new day
WASHINGTON Feb 5 (Reuters) - U.S. police officers cleared tents from an "Occupy" protest site in downtown Washington on Sunday, but demonstrators said even without the camp they would...
Greek parties face Monday EU bailout deadline
ATHENS, Feb 6 (Reuters) - Greece's coalition parties must tell the European Union on Monday whether they accept the painful terms of a new bailout deal as EU patience wears thin with...
Halcyon Finance buys superspecialty hospital rights for Rs 375 cr
superspecialty hospital in Delhi from Sikh Gurdwara Management Committee (DSGMC) for 375 crore. Abhay Soi-led Halcyon Finance and Capital Advisors bought the rights through its healthcare...
RPT-Merger fails, but D.Boerse CEO says allies a must
"We need to fight even harder and pay attention to customers, innovation, market penetration and costs. And we will and must examine further alliances," CEO Reto Francioni told the ...
RPT-Local firms vie for Yum's slice of the China market
It's an increasingly common sight: Chinese consumers turning to local fast-food alternatives to the long-dominant pair in China -- Yum Brands Inc's KFC and McDonalds Corp ...
Valero warns of L.A. refinery flaring - filing
HOUSTON Feb 5 (Reuters) - Valero Energy Corp's 78,000 barrel per day (bpd) Los Angeles-area refinery in Wilmington, California, warned of planned flaring between Sunday and Thursday,...
TiVo shares appear to be discounted-Barron's
Feb 5 (Reuters) - TiVo Inc is trading at a compelling discount and could be a possible acquisition target by Microsoft or Google, Barron's financial newspaper reported on ...
Investment bankers use the downturn to prepare next big move; unwind with families
investment banking and the image that instantly flashes is of swaggering men - and women - in fine business suits pocketing eight-digit salary cheques, and chunky bonuses and commissions. The current...
Greek political leaders agree on spending cuts -PM
ATHENS Feb 5 (Reuters) - Greek political leaders have agreed to spending cuts worth 1.5 percent of gross domestic product this year, Prime Minister Lucas Papademos said in a statement on Sunday...
Greek parties must respond to Troika plan Monday-spokesman
ATHENS Feb 5 (Reuters) - Leaders of the three parties in the Greek coalition government must respond to proposals made by the country's international lenders for a new bailout deal by noon...
Anger, disarray and double defeat take toll on Gingrich
LAS VEGAS, Feb 5 (Reuters) - What happens in Vegas, stays in Vegas. And Republican Newt Gingrich certainly will hope the disarray that marred his campaign in Nevada last week will not doom his...
WRAPUP 1-Gingrich vows to take fight to 'timid' Romney
LAS VEGAS, Feb 5 (Reuters) - Republican Newt Gingrich vowed on Sunday to press ahead with his struggling presidential bid after another big loss in Nevada, saying he will focus on drawing a...
The top films at the North American box office
LOS ANGELES, Feb 5 - Following are the top 10 movies at North American box offices for the three-day weekend starting Feb. 3 with "Chronicle" at No. 1, according to studio estimates...
Beijing preparing to launch furniture subsidy program
Beijing will launch an old-for-new furniture program this year, following the success of a recent similar program for home appliances, and a boost in sales is likely, an expert said yesterday. The...
China missed opportunity to sell assets overseas: banker
China missed an opportunity to push forward the internationalization of its currency and defuse financial risks last year by not selling parts of its assets to overseas investors amid expectations...
Foreign investors raise ETF holdings
Foreign investors have been rushing to buy Chinese stocks through increasing holdings of the exchange-traded funds (ETFs) recently and some institutions have started to rate the country's...
RPT-Wall St Wk Ahead: With sparse data, focus returns to Europe
By Chuck Mikolajczak NEW YORK, Feb 5 (Reuters) - Europe will again be at the center of investors' focus this week as the U.S. earnings season passes the halfway mark and there is little on...
ET, the new alien scaring global markets
Feb 5 (Reuters) - The United States is coming to be seen as a global threat, acting unilaterally with aggressive new market rules that critics say will hurt U.S. firms, foreign banks, and...
Base metal futures set to rise on positive US jobs data and int’l gains
Domestic base metal futures are set to surge this morning on the positive jobs report out of the US late Friday, but questions remain about whether the prices on the Shanghai Futures Exchange (SHFE)...
Bullish week predicted for mainland stocks
The Chinese mainland's two main stock indices ended at odds in the first trading week of the Year of the Dragon, with analysts predicting a bullish second week. The benchmark Shanghai Composite...
Regulators keep brake on developer IPOs
Pending and new IPO applications made by property developers are unlikely to be approved this year as the government maintains its efforts to cool the property market, an insider at the China...
UPDATE 1-Euro zone insists no Greek rescue without reforms
BRUSSELS, Feb 4 (Reuters) - Euro zone finance ministers told Greece it could not go ahead with an agreed deal to restructure privately held debt until it guaranteed to implement reforms to secure...
Chile Codelco: tough to match 2011 output in 2012
SANTIAGO Feb 5 (Reuters) - The world's No.1 copper producer, Chilean state giant Codelco, will struggle this year to match record 2011 copper output of 1.735 million tonnes, CEO Diego...
CORRECTED-Deutsche Boerse board member wants CEO out - paper
FRANKFURT, Feb 4 (Reuters) - Deutsche Boerse's chief executive Reto Francioni should step down following the collapse of its $7.4 billion plan to merge with NYSE Euronext, a member of the...
China stocks plunge on US debt, train crash
Chinese stocks tumbled Monday as investors sold off holdings increasingly worried about a possible default of government debt by the United States which is to bring the global economy back to a...
UPDATE 1-Greece on "knife edge" in last hours to agree bailout
ATHENS, Feb 5 (Reuters) - Greece's prime minister scrambled on Sunday to convince lenders and politicians to sign off on a 130 billion euro rescue, after his finance minister said just hours...
Singapore's Artivision says in tie-up with Intel
SINGAPORE Feb 5 (Reuters) - Artivision Technologies Ltd, a Singapore firm that specialises in online video advertising, said on Sunday its technology may be incorporated into a software kit being...
REFILE-UPDATE 1-China's Wen says country has stake in helping Europe
BEIJING Feb 5 (Reuters) - China has a stake in helping euro zone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to Europe's...
China's Wen says country has stake in helping Europe
BEIJING Feb 5 (Reuters) - China has a stake in helping the euro zone countries get through their debt crisis, Chinese Premier Wen Jiabao said in comments published on Sunday, pointing to...