European shares climb as Glencore, Arcelor lift mining stocks *Paris outperforms after French PMI data. *Glencore rallies, Arcelor rises on Citi upgrade. LONDON, Oct 5- European shares rose on Monday, with Glencore and ArcelorMittal pushing up mining stocks and French economic data lifting the Paris stock market.
| By: Sudip Kar-Gupta
AAK Enters the Japanese Market AAK has established a partnership with Miyoshi Oils& Fats Co. by forming a new company together for the Japanese market, AAK Miyoshi JP. AAK will own 70 percent of the company and the remaining 30 percent will be owned by Miyoshi Oils& Fats Co. AAK Miyoshi JP, that will be based in Tokyo, will have both sales and customer innovation resources and will focus on products...
Source: Business Wire
Hong Kong shares rise 1.6 pct; Glencore surges 18 pct HONG KONG, Oct 5- Hong Kong shares rose 1.6 percent on Monday, with technology and financial stocks leading the way, as expectations of a United States interest rate hike this year diminished on weaker-than-forecast jobs data. Shares of Galaxy Entertainment jumped 5.3 percent, Wynn Macau gained 2.7 percent and Sands China rose 3.4 percent.
CD Display at Cheongju Craft Biennale Sets World Record CHEONGJU, South Korea, Oct. 5, 2015/ PRNewswire/-- A giant display made of old CDs at the ongoing international craft biennale in the central South Korean city of Cheongju has set a Guinness World Record, organizers of the event said last Wednesday. Nearly 490,000 CDs were collected from nine countries including South Korea, Japan, China and the U.S. between April and...
Source: PR Newswire
UPDATE 2-Potash Corp withdraws $8.9 bln takeover bid for German peer K+S *Potash Corp had offered 41 euros per share in cash. An acquisition of K+ S would have given Potash Corp an opportunity to realize savings from selling potash within North America from its own Western Canada mines and from K+ S's Legacy mine, which is under construction in the region. Since Potash Corp made its offer to K+ S privately at the end of May, shares of K+ S peers...
| By: Greg Roumeliotis and Arno Schuetze
PREVIEW-BOJ seen holding fire despite recession risk, but maybe not for long TOKYO, Oct 5- The Bank of Japan is expected to hold monetary policy steady on Wednesday, preferring to save its limited options while hoping that a tightening job market will lift wages and consumption enough to offset the pain from China's slowdown. The BOJ is likely to remain under pressure to ease at a more crucial meeting on Oct. 30, when it is expected to cut its...
| By: Leika Kihara
An Open Letter to SPIL Shareholders from ASE TAIPEI, Taiwan, Oct. 5, 2015/ PRNewswire/--. As a follow-up to the letters Advanced Semiconductor Engineering, Inc. sent to you on September 28, 2015 and October 1, 2015, we would like to provide a few updates in connection with the upcoming extraordinary shareholders' meeting of Siliconware Precision Industries Co., Ltd. on October 15, 2015. Over the past few days, as...
Source: PR Newswire