Nomura, JP Morgan among Japan Post IPO underwriters - govt

TOKYO, Oct 1 (Reuters) - The Japanese government has selected Nomura Securities and JP Morgan among the 11 underwriters for a planned initial public offering of state-owned Japan Post , the finance ministry said on Wednesday.



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Events organiser UBM buys US rival Advanstar for $972 mln

Oct 1(Reuters) - Communications and events company UBM Plc said it would acquire Advanstar Communications, a privately-held trade show organiser, for $972 million in cash to increase its focus on the events business in North America.



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Australia shares close 0.8 pct higher as battered banks bounce

SYDNEY, Oct 1 (Reuters) - Australian shares added 0.8 percent on Wednesday, supoorted by a rebound in recently battered banking stocks, though sentiment remained fragile on softer-than-expected...

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UK watchdog launches investigation into Tesco accounting scandal

LONDON, Oct 1 (Reuters) - Tesco said Britain's financial watchdog had started a full investigation into the company in the wake of an accounting scandal which wiped 3 billion pounds ($4.86 billion)...

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Asian factories slow in September, push inflation ever lower

SYDNEY (Reuters) - Factory activity stumbled across much of Asia in September, with slowdowns in India, Japan and Taiwan and an outright decline in South Korea delivering a setback to hopes for a...

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BRIEF-Events organiser UBM to buy Advanstar for $972 mln

* Acquisition of Advanstar Communications and rights issue



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PRESS DIGEST- New York Times business news - Oct 1

Oct 1 (Reuters) - The following are the top stories on the New York Times business pages. Reuters has not verified these stories and does not vouch for their accuracy.

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PRESS DIGEST - Wall Street Journal - Oct 1

Oct 1 (Reuters) - The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.

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Asian factories slow in September, push inflation ever lower

SYDNEY (Reuters) - Factory activity stumbled across much of Asia in September, with slowdowns in India, Japan and Taiwan and an outright decline in South Korea delivering a setback to hopes for a pick in world growth this year.

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Three Japan lenders, Bangkok Bank receive limited Myanmar bank licences

TOKYO/BANGKOK, Oct 1 (Reuters) - Three major Japanese banks are among foreign banks that have been granted limited operating licences in Myanmar, a move that Myanmar's government hopes will spur...

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Fitch: Thailand's Ratings Remain Resilient

(The following statement was released by the rating agency) BANGKOK, October 01 (Fitch) Fitch Ratings (Thailand) Limited, which held its annual conference in Bangkok today, said that Thailand's...

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UPDATE 3-Puerto Rico tax deal to be placed privately - senator

SAN JUAN, Puerto Rico, Sept 30 (Reuters) - Puerto Rico's upcoming sale of $900 million of tax revenue anticipation notes (TRANS) will be placed privately with a syndicate of banks, the chairman of...

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Japan firms fail to shake off tax-hike gloom, blunting economic rebound

TOKYO (Reuters) - Big Japanese manufacturers were slightly more optimistic in the third quarter but service-sector sentiment worsened, a central bank survey showed, adding to signs that a solid...

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If analysts don't ask questions, expect stock declines: study

NEW YORK (Reuters) - Earnings conference calls that inspire little more than silence are not a great sign for the company's shares in the days that follow, according to a study released on Wednesday.

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