Tokyo  Nikkei  8456.12  -1.05%
Seoul   KOSPI  1706.19  -3.59%
Shanghai SSEC  2359.22  Holiday
Hong Kong HSI 16250.27  -3.40%
Singapore STI  2531.02  -3.45%
Mumbai    BSE 15864.86  -1.77%
Sydney   AORD  3935.60  -0.63% 
 
1. Asia Stock Markets Lower on Greek Default Fears
Japan's Nikkei 225 index dropped 1.1% while S Korea's Kospi index plunged 3.6% after being closed for a holiday Monday. Hong Kong's Hang Seng index fell 3.4% to close at 16250.27. 
 
2. S Korea Inflation Jumps 4.3% in Sep
The annual increase of consumer prices was down from 5.3% in Aug and below expectation. Core prices excluding food gained 3.9% from a year earlier, compared with 4% in the previous month.
 
3. Tepco to Sell US$31B Yen Bonds
A panel assigned by the government said the money will be used to repay debts due by 2021. The utility hasn't issued new bonds since the Mar 11 earthquake and tsunami that knocked down its Fukushima Dai-ichi nuclear plant.
 
4. Macau Casino Revenue Rises 39%
Gaming revenue increased to US$2.64 billion last month. For the first 9 months this year, the revenue reached US$24.23 billion, up 46% from a year earlier.
 
5. Hyundai Motor Sep Sales Gain 14% on Year
S Korea's largest automaker sold 359,560 vehicles in September globally. Overseas sales gained 17% while domestic sales fell 1.1%. Its affiliate Kia climbed 16% to 213,102 units from a year earlier.
 
6. Morgan Stanley to Issue US$5B Uridashi Bonds
The US financial giant registered to sell the bonds to individual investors in the next 2 years. Uridashi bonds are debt issued outside of Japan for sale mainly to Japanese individual investors.
 
7. Indonesia Q3 Economy Likely Grows 6.6% on Year
The government said the growth rate was accelerating despite economic uncertainties, compared with a 6.5% gain in Q2. It believes the economy was boosted by domestic investments.
 
8. Power Finance to Set up US$1B Note Program
The biggest utility firm in India has hired Bank of America and Royal Bank of Scotland to manage the medium term note program, but it has no plan to meet investors.
 
9. Pakistan Gun Attack Kills 13
4 Gunmen riding 2 motorcycles attacked a bus carrying Shiite Muslins, leaving 13 people dead and another 7 wounded. Shiites blocked the main highway on the outskirts of Quetta to protest the killing.
 
10. China's Nobel Winner Leaves Jail Briefly
Liu Xiaobo's brothers said the dissident was allowed out of prison last month after their father died. The 55-year-old was sentenced to 11 years in jail in December 2009 for "subversion" after co-authoring Charter 08, a bold petition calling for political reform in one-party Communist-ruled China.