MANILA, April 7 (Reuters) - Here are news stories and press
reports which may influence local financial markets on Wednesday.
WHAT IS HAPPENING TODAY IN THE PHILIPPINES, ALL TIMES LOCAL FOLLOWED BY GMT
(The inclusion of items does not necessarily mean that Reuters will cover the event)
- Central bank to release March foreign exchange reserves data
- National Power Corp to hold import tender for 50,000 tonnes of steam coal for Naga-Cebu plant, Pahiyas Room, Napocor Building, Diliman, Quezon City, 9:30 a.m.
- World Bank regional chief economist for East Asia and Pacific Vikram Nehru and Ivailo Izvorski discuss outlook for the Philippines and other developing economies in East Asia and Pacific region via video conference from Tokyo following release of latest World Bank review of the regional economies, Luzvimin Room, World Bank Manila office, 10 a.m.
REUTERS HEADLINES
> Philippine March inflation rate at 3-mth high
> Philippine c.bank: policy settings are appropriate
> Philippine PSALM eyes more bond sales in 2010
> Aquino's lead widens in Philippine opinion poll
> Philippines' San Miguel to buy into rail project
> Philippines: El Nino to cut GDP growth by 0.57 pct
> Southeast Asia could grow 5.6 pct this year-ASEAN
> Asian summit to weigh winding down stimulus
> Fed says extended period' may last a long time
> Magnitude 7.8 quake shakes Indonesia's Sumatra
> US hirings fall in Feb, but job market turning
LOCAL PRESS REPORTS
(Reuters has not verified these stories)
- State housing agency Home Guaranty Corp is hoping to proceed with a planned bond offer of at least 2.5 billion pesos ($56 million) before the May elections to refinance debts, its president Gonzalo Bongolan said. (ALL PAPERS)
- Ayala Land Inc and Manila Water Co have teamed up to explore water and wastewater utility service projects in Laguna province, south of the capital, Ayala Land president Antonino Aquino said. (PHILIPPINE STAR, PHILIPPINE DAILY INQUIRER) - Standard & Poors' has started its review of the Philippines' fiscal, monetary and macroeconomic conditions to find out wether existing credit rating for the country remains appropriate, government sources said. (PHILIPPINE DAILY INQUIRER)
- The Philippines and Thailand have finalised a memorandum of understanding detailing the tariff rates and volume of imports of rice, finally ending long-standing trade dispute on the staple, the Philippine trade department said. (PHILIPPINE DAILY INQUIRER)
MARKET NEWS
> STOCKS NEWS ASIA-Shares to gain after Fed minutes
> S&P, Nasdaq lifted by banks, Fed minutes;Dow slips
> Nikkei flat, exporters dip on stronger yen
> Oil rises to new 18-mth high, eyes inventory data
> EM ASIA FX-US data, yuan support Asia rally
> Indonesia bond yields ease after debt sales
----------------- MARKET SNAPSHOT AT 0021 GMT-------------------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 1189.44 0.17 2.00
USD/JPY 93.72 -0.02 -0.02
US 10YR 3.9545 -0.04 -0.00
SPOT GOLD 1134.2 0.09 1.00
US CRUDE 86.64 -0.23 -0.20
DOW JONES 10969.99 -0.03 -3.56
ASIA ADRS 136.08 -0.23 -0.31
FTSE 100 5780.35 0.62 35.46
(Reporting by Manila newsroom)
((manolo.serapio@thomsonreuters.com; +632 841 8936; Reuters Messaging: manolo.serapio.reuters.com@reuters.net)) ASIA-PACIFIC STOCK MARKETS: Pan-Asia...... Japan........ S.Korea.... S.E. Asia............ Hong Kong... Taiwan..... Australia/NZ......... India....... China...... OTHER MARKETS: Wall Street........... Gold....... Currency.. Eurostocks........... Oil......... JP bonds... ADR Report.......... LME metals..US bonds... Stocks News US... Stocks News Europe.. DIARIES & DATA: IPO diary & data Asia earnings diary U.S. earnings diary European diary Wall Street Week Ahead Eurostocks Week Ahead World forecasts TOP NEWS: For top Asian company news, double click on: U.S. company news European company news Forex news Global Economy news Technology news Telecoms news Media news Banking news Politics/General news Asia Macro data A multimedia version of Reuters Top News is available at: http://topnews.session.rservices.com LIVE PRICES & DATA: Philippine stocks Philippine peso Philippine debt Debt World Stocks Currency rates Dow Jones/NASDAQ Nikkei FTSE 100 LME price overview Keywords: MARKETS PHILIPPINES/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
WHAT IS HAPPENING TODAY IN THE PHILIPPINES, ALL TIMES LOCAL FOLLOWED BY GMT
(The inclusion of items does not necessarily mean that Reuters will cover the event)
- Central bank to release March foreign exchange reserves data
- National Power Corp to hold import tender for 50,000 tonnes of steam coal for Naga-Cebu plant, Pahiyas Room, Napocor Building, Diliman, Quezon City, 9:30 a.m.
- World Bank regional chief economist for East Asia and Pacific Vikram Nehru and Ivailo Izvorski discuss outlook for the Philippines and other developing economies in East Asia and Pacific region via video conference from Tokyo following release of latest World Bank review of the regional economies, Luzvimin Room, World Bank Manila office, 10 a.m.
REUTERS HEADLINES
> Philippine March inflation rate at 3-mth high
> Philippine c.bank: policy settings are appropriate
> Philippine PSALM eyes more bond sales in 2010
> Aquino's lead widens in Philippine opinion poll
> Philippines' San Miguel to buy into rail project
> Philippines: El Nino to cut GDP growth by 0.57 pct
> Southeast Asia could grow 5.6 pct this year-ASEAN
> Asian summit to weigh winding down stimulus
> Fed says extended period' may last a long time
> Magnitude 7.8 quake shakes Indonesia's Sumatra
> US hirings fall in Feb, but job market turning
LOCAL PRESS REPORTS
(Reuters has not verified these stories)
- State housing agency Home Guaranty Corp is hoping to proceed with a planned bond offer of at least 2.5 billion pesos ($56 million) before the May elections to refinance debts, its president Gonzalo Bongolan said. (ALL PAPERS)
- Ayala Land Inc and Manila Water Co have teamed up to explore water and wastewater utility service projects in Laguna province, south of the capital, Ayala Land president Antonino Aquino said. (PHILIPPINE STAR, PHILIPPINE DAILY INQUIRER) - Standard & Poors' has started its review of the Philippines' fiscal, monetary and macroeconomic conditions to find out wether existing credit rating for the country remains appropriate, government sources said. (PHILIPPINE DAILY INQUIRER)
- The Philippines and Thailand have finalised a memorandum of understanding detailing the tariff rates and volume of imports of rice, finally ending long-standing trade dispute on the staple, the Philippine trade department said. (PHILIPPINE DAILY INQUIRER)
MARKET NEWS
> STOCKS NEWS ASIA-Shares to gain after Fed minutes
> S&P, Nasdaq lifted by banks, Fed minutes;Dow slips
> Nikkei flat, exporters dip on stronger yen
> Oil rises to new 18-mth high, eyes inventory data
> EM ASIA FX-US data, yuan support Asia rally
> Indonesia bond yields ease after debt sales
----------------- MARKET SNAPSHOT AT 0021 GMT-------------------
INSTRUMENT LAST PCT CHG NET CHG
S&P 500 1189.44 0.17 2.00
USD/JPY 93.72 -0.02 -0.02
US 10YR 3.9545 -0.04 -0.00
SPOT GOLD 1134.2 0.09 1.00
US CRUDE 86.64 -0.23 -0.20
DOW JONES 10969.99 -0.03 -3.56
ASIA ADRS 136.08 -0.23 -0.31
FTSE 100 5780.35 0.62 35.46
(Reporting by Manila newsroom)
((manolo.serapio@thomsonreuters.com; +632 841 8936; Reuters Messaging: manolo.serapio.reuters.com@reuters.net)) ASIA-PACIFIC STOCK MARKETS: Pan-Asia...... Japan........ S.Korea.... S.E. Asia............ Hong Kong... Taiwan..... Australia/NZ......... India....... China...... OTHER MARKETS: Wall Street........... Gold....... Currency.. Eurostocks........... Oil......... JP bonds... ADR Report.......... LME metals..US bonds... Stocks News US... Stocks News Europe.. DIARIES & DATA: IPO diary & data Asia earnings diary U.S. earnings diary European diary Wall Street Week Ahead Eurostocks Week Ahead World forecasts TOP NEWS: For top Asian company news, double click on: U.S. company news European company news Forex news Global Economy news Technology news Telecoms news Media news Banking news Politics/General news Asia Macro data A multimedia version of Reuters Top News is available at: http://topnews.session.rservices.com LIVE PRICES & DATA: Philippine stocks Philippine peso Philippine debt Debt World Stocks Currency rates Dow Jones/NASDAQ Nikkei FTSE 100 LME price overview Keywords: MARKETS PHILIPPINES/ (If you have a query or comment on this story, send an email to news.feedback.asia@thomsonreuters.com) COPYRIGHT Copyright Thomson Reuters 2010. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.
© 2010 AFX News
