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African Markets - Factors to watch on Sept. 27

Sept 27 - The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Monday. - - - - - GLOBAL MARKETS Asian shares crept higher on Monday as risk sentiment turned for the better, though a surge in oil prices to three-year highs could inflame inflation fears a

HNA to hold creditor meeting; restructuring plan folds entities into one group - document

SHANGHAI, Sept 27 (Reuters) - Eleven entities belonging to embattled conglomerate HNA Group, including its flagship carrier, Hainan Airlines 600221.SS , will hold a creditor meeting on Monday, according to a document detailing its debt restructuring plan, seen by Reuters. Under the plan, the 11 entities will be reorganised as a group and most of th

Japan's Shinsei reiterates call for SBI to extend bid period to 60 days

TOKYO, Sept 27 (Reuters) - Shinsei Bank 8303.T on Monday reiterated its request that SBI Holdings 8473.T extend the period of its unsolicited $1.1 billion tender offer bid to 60 business days, rejecting SBI's offer to extend it to 50 business days. Shinsei's board determined that the 60 days are "necessary to confirm the shareholders' general opini

Morning News Call - India, September 27

To access a PDF version of this newsletter, please click here Link If you would like to receive this newsletter via email, please register at: Link FACTORS TO WATCH 11:00 am: Prime Minister Narendra Modi to announce nationwide launch of Pradhan Mantri Digital Health Mission via video conferencing. 11:50 am: Housing Minister Hardeep Puri at event to

Asia shares swing higher, oil surges to 3-year peak

* Asian stock markets: Link * Oil climbs on tight supply, strong demand * Markets hope Beijing will contain Evergrande fallout * U.S. debt ceiling deadline nears, spending bill to get vote * Bonds pressured by hawkish central banks, inflation By Wayne Cole SYDNEY, Sept 27 (Reuters) - Asian shares crept higher on Monday as risk sentiment turned for
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Vietnam dong, gold rates - Sept. 27

HANOI, Sept 27 (Reuters) - Here's a snapshot of Vietnamese dong exchange rates in the official and unofficial markets, indicative SJC gold prices in Hanoi and interbank offered rates at 3:01 GMT. September 27 USD/VND mid-point VND=SBVN 23,141 USD/VND interbank VND=VN 22,762/22,764 USD/VND unofficial VNDUNOFF=VN 23,000/23,150 SJC gold (mln dong/tael

Japanese shares rise on reopening hopes as 19 infections drop

TOKYO, Sept 27 (Reuters) - Japanese shares rose on Monday, led by cyclical stocks that would benefit from an economic recovery from the COVID-19 lows, as the country plans to lift its emergency measures this week, though caution after a sharp rally this month capped gains. The Nikkei share average .N225 was up 0.36% to 30,357.20 by 0208 GMT, while
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Australia, NZ dollars bounce as global risk mood swings to positive

By Wayne Cole SYDNEY, Sept 27 (Reuters) - The Australian and New Zealand dollars rallied on Monday as gains in global stocks pointed to an improvement in risk sentiment, while a surge in oil prices led the resource sector higher. The Aussie gained almost 0.4% to $0.7281 AUD=D3 , having found solid support around $0.7220 last week. A break above res
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Oil gains for fifth day amid supply constraints

TOKYO, Sept 27 (Reuters) - Oil prices rose for a fifth straight day on Monday with Brent heading for $80 amid supply concerns as parts of the world sees demand pick up with the easing of pandemic conditions. Brent crude LCOc1 was up $1.14 or 1.5% at $79.23 a barrel by 0208 GMT, having risen a third consecutive week through Friday. U.S. Oil CLc1 add
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S.Korea stocks gain on foreign buying; N.Korea-related shares surge

* KOSPI rises, foreigners net buyers * Korean won strengthens against U.S. dollar * South Korea benchmark bond yield falls SEOUL, Sept 27 (Reuters) - Round-up of South Korean financial markets: ** South Korean shares rose on Monday, helped by strong buying from foreign investors for an eighth straight session, although worries over China Evergrande

Crypto-linked stocks plunge in Hong Kong, bitcoin steadies

HONG KONG/SINGAPORE, Sept 27 (Reuters) - C ryptocurrency-linked stocks dropped in Hong Kong on Monday morning, after Chinese authorities intensified their crackdown on the industry, while major cryptocurrencies steadied. Shares of crypto asset manager and trading firm Huobi Tech 1611.HK , an affiliate of Huobi Global, one of the world's largest exc

Yen sinks, Aussie climbs as Evergrande contagion fears recede

By Kevin Buckland TOKYO, Sept 27 (Reuters) - The safe-haven yen sank to its lowest in nearly three months on Monday, while the risk-sensitive Australian dollar continued to recover from an almost one-month low, as fears of widespread contagion from China Evergrande Group 3333.HK receded. The yen also fell as higher U.S. yields attracted Japanese in
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Asian currencies mixed, Thai baht falls most

Sept 27 (Reuters) - The following table shows rates for Asian currencies against the dollar at 0208 GMT. CURRENCIES VS U.S. DOLLAR Change on the day at 0208 GMT Currency Latest bid Previous day Pct Move Japan yen 110.630 110.72 +0.08 Sing dlr 1.351 1.3533 +0.16 Taiwan dlr 27.679 27.731 +0.19 Korean won 1175.000 1176.5 +0.13 Baht 33.350 33.24 -0.33
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Global gas market set for reasonably bullish 5-yr outlook -Vitol CEO

SINGAPORE, Sept 27 (Reuters) - Global gas prices are at "extreme levels" due to low inventories and strong demand in Europe and China, and the market is set for a reasonably bullish five-year outlook, said Russell Hardy, chief executive officer of Vitol. In a pre-recorded interview for the annual Platts APPEC 2021 conference, Hardy said global oil

Gold firms as China Evergrande worries lift appeal

Sept 27 (Reuters) - Gold prices edged higher on Monday as persistent concerns over the fate of debt-laden property giant China Evergrande and its broader impact bolstered the precious metal's safe-haven appeal. FUNDAMENTALS * Spot gold XAU= rose 0.5% to $1,757.79 per ounce by 0127 GMT, while U.S. gold futures GCv1 were up 0.3% at $1,757.30. * Asian
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Australian shares hit over 1-week high as energy, bank stocks shine

Sept 27 (Reuters) - Australia shares hit a more than one-week high on Monday, boosted by heavyweight banking and mining stocks on strong commodity prices over the weekend, though losses in tech and healthcare capped gains. The benchmark S&P/ASX 200 index .AXJO gained 0.7% to 7,395.9 as at 0110 GMT, its highest since Sept. 17. Miners .AXMM rose as m
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Fitch Says Evergrande Impact On Rated Construction Companies Is Manageable

Sept 26 (Reuters) - Fitch Ratings: * FITCH RTGS: EVERGRANDE IMPACT ON RATED CONSTRUCTION COMPANIES IS MANAGEABLE * FITCH - SCALE ADVANTAGE OF FITCH-RATED ENGINEERING, CONSTRUCTION (E&C) COS MITIGATES RISK OF SINGLE CUSTOMER DEFAULT OR PROJECT FAILURE INCIDENT * FITCH - E&C COS WITH MATERIAL EXPOSURE TO HOUSING PROJECTS, PROPERTY DEVELOPMENT, MAY BE

British Business - Sept 27

Sept 27 (Reuters) - The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy. The Times - Octopus Energy has been appointed by Ofgem to take on 580,000 customers of Avro Energy, the largest supplier yet to have collapsed amid the energy crisis. Link -
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Worldwide energy shortage shows up in surging coal, gas and oil prices: Kemp

By John Kemp LONDON, Sept 24 (Reuters) - Record gas and electricity prices in Europe, record coal prices in China, multiyear-high gas prices in the United States and oil prices well above their real long-term average are all manifestations of the same global energy shortage. In the aftermath of the coronavirus recession, energy production has faile
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Cryptocurrencies bounce back from China crackdown

SINGAPORE, Sept 27 (Reuters) - Cryptocurrencies traded firmly on Monday, having rebounded from selling driven by an intensifying crackdown on the asset class in China, as buy-the-dip speculators swooped in. Bitcoin BTC=BTSP was up about 1% in Asia trade at $43,719, having fallen to just below $41,000 in the wake of Friday's announcement of a blanke



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