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China eyes Sinochem chief for ethics lapses

The president of Sinochem Group, China's energy and chemicals conglomerates, is under investigation for discipline violations, authorities said.
Source: Reuters
India's Jet Airways posts record quarterly net profit

NEW DELHI, Feb 6- India's Jet Airways Ltd said on Saturday its December quarter net profit rose more than seven times, with sharply lower fuel costs helping the carrier post a third consecutive quarterly gain following a series of losses. Jet, India's second largest carrier by market share, said net profit in the October-December period rose to 4.67 billion...
Source: Reuters
UPDATE 2-TSMC says quake impact on Q1 shipments no more than 1 pct

TAIPEI, Feb 6- Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd said silicon wafers were damaged at a plant in southern Taiwan where a quake hit early on Saturday, affecting no more than 1 percent of first-quarter shipments. TSMC, whose customers also include Qualcomm Inc, is so far the only major Apple supplier in southern Taiwan to report damage...
Source: Reuters | By: J.R. Wu and Emily Chan
UPDATE 1-TSMC says Q1 shipments unaffected by quake, no damage at other Apple suppliers

TAIPEI, Feb 6- Apple Inc supplier Taiwan Semiconductor Manufacturing Co Ltd said some silicon wafers were damaged at a plant in southern Taiwan where an earthquake hit early on Saturday, but that first-quarter shipments would be unaffected. The world's largest contract chipmaker has production facilities in Tainan city, around 315 km south of the capital...
Source: Reuters | By: J.R. Wu and Emily Chan
BlackBerry cuts 200 jobs in Ontario and Florida to trim costs

TORONTO, Feb 5- BlackBerry Ltd is cutting 200 jobs at its hometown headquarters in Ontario and in Florida in order to trim costs, it said on Friday, as the smartphone maker moves to turn around its fortunes and put more emphasis on its enterprise software business. The layoffs will affect 75 manufacturing jobs in Sunrise, Florida, a state government website showed.
Source: Reuters
Traders want to know: Where's the bottom?

For months we have watched energy, materials, and global industrials weaken on concerns about oil oversupply and slower global growth.
Source: | By: Bob Pisani
Mediator: 2 of 6 Argentina bondholders agree to settlements

NEW YORK— Two of six leading bondholders that years ago refused Argentina's invitation to trade their bonds at steep discounts have agreed to settle their longstanding claims after the South American nation offered bondholders with cases in federal court in Manhattan $6.5 billion in what a court-appointed mediator described Friday as a "historic...
Source: The Associated Press
Magnitude 6.4 earthquake hits Taiwan

A powerful earthquake struck Taiwan early on Saturday killing at least eight people, most in a 17-story apartment building that collapsed.
Source: Reuters
UPDATE 1-India sets floor price for steel imports to stem flow from China

NEW DELHI, Feb 5- India on Friday set a floor price for imports of steel products to deter countries such as China from undercutting local mills, the first time it has taken such a step in over 15 years even as the country remains the world's only major growing steel market. Top Indian steel makers such as JSW Steel, Tata Steel Ltd, Jindal Steel& Power Ltd and Kalyani...
Source: Reuters
Alibaba denies hack of 20M accounts  

The hackers gained access to a database of 99M accounts.