* Nikkei dips 0.2 pct after shedding 2.4 pct last week * Next targets seen at 9,000, then 8,800, around 2010 lows * Sony, Honda fall despite f’cast hikes; Topix eyes 19-mth low
Nikkei hits 7-wk low in choppy trade; yen, Fed eyed
Tags: yen* Nikkei dips 0.2 pct after shedding 2.4 pct last week * Next targets seen at 9,000, then 8,800, around 2010 lows * Sony, Honda fall despite f’cast hikes; Topix eyes 19-mth low
Nikkei hits 7-wk low in choppy trade; yen, Fed eyed
Tags: yen* Dollar hits hits 15-year low vs yen * Intervention talk fades; market suspects trading glitch * Nikkei underperforms Asian stocks
RPT-GLOBAL MARKETS-Asian shares up on China PMI
Tags: china, GLOBAL, MARKETS, PMIPrime Minister Naoto Kan of Japan called the agreement a sign of the “strategic partnership between the two countries.”
Japan and Vietnam Agree on Mining of Rare Earths
Tags: japan, Rare Earths, Vietnam, Vietnam AgreeWhatever the election outcome, the Federal Reserve is widely expected to take new steps this week to spur the nation’s snail-paced recovery.
Awaiting Fed’s Plans, Markets Are in Limbo
Tags: Awaiting Fed, federal reserveHong Kong shares staged a strong rebound early Monday after an official measure of China’s manufacturing activity showed a surprise increase in October, boosting mainland Chinese banks and resource-sector stocks.
Hong Kong shares jump after China data; banks rise
Tags: banks, china, Hong KongColombia Sets Ambitious Oil Agenda Colombia is capping a string of military victories against Marxist guerrillas with a lucrative peace dividend: oil production.
[$$] Colombia Sets Ambitious Peace Agenda: Oil
Tags: colombia, OilShanghai brought the city’s big Expo to an end on Sunday, after numerous world records were set in connection with the event. Next up on China’s major tourist industry promotions: the Asian Games to be held in Guangzhou this month.
Shanghai Expo Ends, Attention Turns to Guangzhou’s Asian Games
Tags: Asian Games, Attention Turns, Shanghai Expo, Shanghai Expo EndsWith most banks sitting on the sidelines of the small business sector, the directors of Finance Wales, a Welsh fund specialising in the overlooked market, have been sprinting to keep up with the sector’s demand for credit.
Welsh fund backs small businesses
Tags: banks, Finance Wales, WalesChina’s official purchasing managers’ index jumped to 54.7 in October, gaining from September’s 53.8 reading, according to reported results Monday. Expectations for the index, published by the China Federation of Logistics and Purchasing, called for a drop to 52.9, according to separate survey forecasts from Dow Jones Newswires and Reuters.
China’s official PMI jumps to 54.7 in October
Tags: china, Dow Jones Newswires, PMIBerlusconi Under Fire Over Runaway Italian Prime Minister Silvio Berlusconi was facing mounting criticism Sunday after an Italian newspaper reported that he personally intervened to request the release of a young woman from police custody in the spring.
[$$] Italy’s PM Under Fire Over Help for a Teen
Tags: Italian Prime Minister Silvio Berlusconi, Italy, PM, Prime Minister Silvio Berlusconi