Tokyo  Nikkei  9380.35  -1.18%
Seoul   KOSPI  2113.47  Holiday
Shanghai SSEC  2728.02  Holiday
Hong Kong HSI 22949.60  Holiday
Singapore STI  3113.73  -1.02%
Mumbai    BSE 18420.11  +0.24%
Sydney   AORD  4648.70  -0.38% 
  
1. Prada to Raise US$2.6B in HK IPO
The Italian luxury goods maker set an indicative price range of US$4.7 to US$6.2 for the IPO. The IPO is being priced at 27 times of projected 2011 earnings at the top end of the range. 
 
2. Sony Europe Hacked but No Data Lost
The Japanese giant said its Europe's subsidiary spotted the attack, but no data was stolen. Its share price dropped 2% in midday. An earlier cyber attacks to the giant has affected more than 100M accounts of customers.
 
3. Airport of Thailand Plans US$2.4B Expansion
The state-controlled company will invest US$2.07B until 2017 to expand the airport's capacity to handle int'l travelers. It will also use about US$330M to build infrastructure for domestic travelers.
 
4. Olam Int'l Sadie to Raise US$600M in IPO
The Singapore commodity trader partly owned by Temasek will offer US$200M of the new shares to investors at US$2.11 each. It also issues US$200M each to Temasek and existing shareholders at the same price. 
 
5. Indian Companies Target US$1B Mozambique Deal
The Indian consortium of 5 state-run companies plans to bid to buy 59% stake in a Mozambique-based coal miner, which has been put up for sale by Australia's Talbot Group. 
 
6. TEPCO's Shares Price Tumble 28% to Record Low
Shares of the operator of Japan's tsunami-hit nuclear plant slid to US$2.57 mid-morning to a record low, following a media report that it would post a US$87.2M loss in fiscal 2011.
 
7. PT Inco Output to Drop 13% This Year
International Nickel Indonesia expected its output of the metal will likely drop this year because of an expected 21-week shutdown of its production plant to rebuild the furnace.
 
8. Banco De Oro to Raise US$116M by Note Sales
Philippines' largest lender issued the Tier-2 notes that will have a maturity of 10 years and 3 months and a call option after 5 years from the issue date.
 
9. Oxfam Probes Pakistan Flood Relief Irregularities
PricewaterhouseCoopers is conducting an audit after concerns were raised that the funds meant for victims in southern province of Sindh did not reach their intended targets. 
 
10. China Busts Cheating Scams
The police have detained 62 people for selling wireless headphones, two-way radios and other electronic devices to cheat on this week's nationwide college entrance exam.