Tokyo  Nikkei  8864.16  +2.25%
Seoul   KOSPI  1840.10  +3.72%
Shanghai SSEC  2482.34  +0.13%
Hong Kong HSI 19455.31  +1.43%
Singapore STI  2789.04  +1.10%
Mumbai    BSE 16933.83  +0.34%
Sydney   AORD  4229.90  +1.85% 
 
 
1. China Foreign Direct Investment Jumps 11.1%
The country attracted US$8.45 billion in August, up 11.1% from a year earlier. For the first 8 months of 2011, China took a total of US$77.6 billion, up 17.7% year-on-year. In July, the increase was 19.8%.
 
2. Asia Stocks Rally after European Central Banks Decision
Japan's Nikkei 225 index jumped 2.3% as S Korea's Kospi rose 3.7% after the central banks decided to take action to support the region's financial sector. Hong Kong's Hang Seng also gained 1.4%. 
 
3. Singapore Aug NODX Climbs 5.1% on Year
The increase in non-oil domestic exports was accelerating from a 2.8% decline in July. Electronic NODX contracted 19% year-on-year last month, compared with a 17% decline in July. 
 
4. Mitsubishi Materials to Boost Copper Output by 17%
Japan's 3rd largest copper producer expects to raise its monthly production to 24,000 tons to 25,000 tons from Oct to Mar. It originally planned to produce 21,396 tons from Apr to Sep.
 
5. Citic Securities to Seek US$1.9B in Stock Sale
The biggest brokerage in China was offering 995.3 million shares in its Hong Kong IPO at a price between US$1.65 and US$1.95. It will be the largest share sale in the territory since Prada raised US$2.5 billion in June.
 
6. Man Utd Listing in Singapore Approved
The nation's stock exchange has approved an application by the English football giant to sell the shares. It was reported United could raise US$1 billion from an IPO of 30% of its shares, which would value the company at more than US$3 billion.
 
7. Hyundai Engineering to Build US$1.27B Vietnam Plant
The S Korean contractor will build a new power plant for Vietnam Electricity. The plant is expected to generate 6.5 billion kilowatts hours annually and the first turbine may start operation in Q1 of 2015.
 
8. India Raises Rate by 0.25% to Curb Inflation
The nation's central bank increased the short-term lending rate to 8.25% from 8%. India revised the rate upward by a dozen times over the last 18 months.
 
9. China Shuts US Plant over Lead Poisoning
Authorities in Shanghai said they had ordered the temporary closure of 2 plants over fears they may be responsible for lead poisoning in children, as excess level of lead in their blood were found in early Sep.
 
10. S Korea to Scuttle North's Tour Program
Seoul was asking foreign governments to ignore N Korea's push to open a tourist resort the Koreas once ran jointly to international investors. Tours were suspended after a N Korean soldier was fatally shot.