Archive - Sep 28, 2010 - Story

• ADB raises Asia ex-Japan growth f'cast for this year to 8.2% vs. July view of 7.9%.
• ADB says Asia must refrain from tightening 'too quickly'.
• Asian stocks fall on European debt concerns, Metal prices drops.
• Fed weighs a more open-ended, smaller-scale bond purchase program.
• German consumer confidence f'casts 4.9 pts for Oct, a rise from rev 4.3 pts in Sept.
• AIG's Asian unit gauges demand for its Hong Kong listing; plans to raise $10-15B.
• China Airlines plead guilty to fixing prices on air-cargo shipments, pay $40M fine.
• Exelon Corp. to sell $900M of debt to fund its purchase of a Deere's wind-power unit.

Key events dominating today are Case Shiller, Confidence (both Conference Board and ABC) and Richmond Fed.

RANsquawk European Morning Briefing - Stocks, Bonds, FX – 28/09/10