Tokyo  Nikkei  8560.26  -2.07%
Seoul   KOSPI  1800.55  -2.90%
Shanghai SSEC  2443.06  -2.78%
Hong Kong HSI 17911.95  -4.85%
Singapore STI  2720.53  -2.55%
Mumbai    BSE 16361.15  -4.13%
Sydney   AORD  4044.70  -2.62% 
   
1. Asia Stocks Plunge on Grim US Outlook
Japan's Nikkei Index dropped 2.1% after the Federal Reserve warned there were downside risks to the US economic outlook. MSCI's Asia Pacific index outside Japan slumped 4.3%.
 
2. China Manufacturing Sector Contracts for 3rd Month
The flash HSBC Manufacturing purchasing managers' index dropped to 49.4 in September, down from 49.9 in August. Manufacturing output index slid to 49.2 from 50.2 while new export orders fell at a faster pace. 
 
3. Samsung US$10.2B Plant Kicks Off Service
The S Korean giant has started mass production of the advance DRAM chips, which used 20-nanometer process technology. Samsung had market shares of 41.6% in the global DRAM market in Q2.
 
4. ANA Says Boeing 787s to Save US$130.6M a Year in Fuel
All Nippon Airway expects to save fuel costs by shifting some flights to Boeing 787 planes. The Japanese carrier will receive 55 of the aircraft by March 2018.
 
5. Billionaires Paying Most for HK Home
A Savills survey showed that home bought by billionaires in HK cost US$10,360 a square foot at the end of June, a 10% jump from 6 months earlier, almost double that of London.
 
6. 4 Foreigners Said to Bid Malaysia's Kurnia Asia Unit
The local media said Liberty Mutual, AIG's Chartis, Australia Group and Allianz were potential bidders. Kurnia Asia said unnamed parties were interested in acquiring a stake in its general insurance unit.
 
7. Thailand Investment Incentive Application Jumps 29%
The investors applied for incentives for 679 projects in the first 8 months in 2011, with a combined value of US$7.02 billion. Most of the investments were from Japan and China.
 
8. Bosch-Siemens to Sell US$313.4M Yuan Bonds in HK
Europe's biggest appliance maker was rumored to consider issuing US$133.2 million of 3-year, US$117.5 million of 5-year and US$62.7 million of 7-year bonds.
 
9. Pakistan Car Bomb Kills 5
A pickup truck carrying anti-Taliban militiamen hit a roadside bomb in the northwest region, killing 5 people. Another vehicle was damaged and 8 people were wounded in the incident.
 
10. India Quake Toll Hits 104
Rescuers reached villages in the remote northeast that were cut off by a 6.9-magnitude earthquake last weekend. Separately, the workers found 5 more bodies in the debris as the death toll in the disaster climbed past 100.