Asian Stocks, European Futures Gain on Economy Outlook; Gold Hits Record Asian stocks and European index
futures rose, gold climbed to a record and the Australian dollar
led gains in Asian currencies on signs the economic recovery is
gathering pace.
Reliance Bond Risk Increases as Investors Question Bid for LyondellBasell The cost of protecting Reliance
Industries Ltd.’s debt from default rose after the refiner and
energy explorer controlled by billionaire Mukesh Ambani bid for
bankrupt chemicals and fuels maker LyondellBasell Industries AF.
Thailand Economy Shrinks 2.8%, Least in Year on Global Recovery, Spending Thailand’s economy contracted less
than estimated last quarter as a nascent global recovery and
government spending began to pull the nation out of its first
recession in a decade.
China's Sovereign Fund Said to Buy $400 Million of Stock in Longyuan IPO China Investment Corp., the nation’s
sovereign wealth fund, agreed to buy $400 million of shares in
the Hong Kong initial public offering of China Longyuan Power
Group Corp., said three people familiar with the sale.
Sands China Raises $2.5 Billion in Initial Offering at Bottom End of Range Sands China Ltd. and its parent, the
casino company controlled by billionaire Sheldon Adelson, raised
HK$19.4 billion ($2.5 billion) in a Hong Kong initial public
offering conducted at the bottom of the marketed range.
Taiwan's Export Orders Increase for First Time in 13 Months on Electronics Taiwan’s export orders climbed in
October for the first time in 13 months as stronger demand for
electronics goods spurs the island’s economic recovery.