Stocks News Headlines

(Reuters' expanded Asia Oil Swaps Forward Curve coverage includes the East-West component. Formore information: ) SINGAPORE, Feb 23 (Reuters) - The Asia fuel oil market strengthened for a secondstraight session on Thursday, as revived buying sentiment led to heavier trade volumes of morethan half a million tonnes in the prompt three timespreads. The rebound pushed fixed-price levels to a second straight more-than three-year high, withlevels for the benchmark 180-centistoke (cst) grade at $745. ... More »Asia Fuel Oil-Firms for 2nd session, recovery expected

* Chinese property companies post poor annual numbers * Bond prices fail to reflect declining credit quality SINGAPORE, Feb 23 (IFR) - Holders of bonds issued byChina property companies are bracing themselves for the releaseof February property sales data, with fears growing that asevere contraction in sales will reverse the rally seen in thebonds since the start of the year. The data could be an upset for those who saw the USD6bn-plusissuance of bonds from Hong Kong property companies so far in2012 as a prelude to the return of Chinese property companies tothe bond market. ... More »Sales data may shake China property bonds

Asian shares were mixed Thursday as concerns about Greece's debt crisis returned to worry investors but domestic factors also came into play. More »Asia shares mixed on eurozone worries

* Manila touches record high, then falls * Banks lead declines in Jakarta, Kuala Lumpur * Singapore at lowest close since Feb. 10 * Foreign buying seen in Malaysia; outflow in Jakarta By Shihar Aneez Feb 23 (Reuters) - Southeast Asian stock markets fellon Thursday on fears over rising oil prices and a possiblerecession in the euro zone with lingering concerns over Greeksovereign debt crisis still undermining the appetite for riskyassets. The region's markets, following others in Asia, fell for asecond day, with MSCI's broadest index of Asia Pacific sharesoutside Japan down 0. ... More »SE Asia Stocks-Down on oil prices, renewed Europe worries

JAKARTA (Reuters) - Traffic in Indonesia's capital snarls so badly during rush hour that even motorbikes face gridlock and to get ahead a group of commuters have taken up an extreme sport: cycling to work. Their logic is simple. It makes more sense to inhale the fumes and risk being flattened by a vehicle than it does to sit in a car or a taxi for hours going nowhere fast. The professionals who belong to the Bike 2 Work club have another motivation: in a city in which cars, motorbikes, taxis, buses and trains are the main transport options, cycling is a cooler alternative. ... More »Cyclists risk life and limb to beat Jakarta jams

Desperate families were searching for loved ones Thursday after a massive train crash in Buenos Aires killed 50 people, injured nearly 700 and left dozens trapped for hours in the wreckage. More »Argentina reels after 50 killed in train crash

Philippine stocks slipped in active trading Wednesday, failing market expectations of touching the 5,000 mark on the main index. More »Philippine stocks slip on attempt to touch PSEi 5,000

SINGAPORE, Feb 23 (Reuters) - Following is Singapore'sonshore inventory of oil products held by up to 12 major oil andoil storage firms as of Feb. 22, according to data released onThursday by International Enterprise (IE). For longer-term historical data on stock levels, please click . For weekly imports and exports by specific product, please click. For a list of imports and exports by product and country of origin/destination, please click. ... More »TABLE-Singapore fuel oil stocks hit 40-week high

* Q2 net 1.3 bln ringgit vs 1.13 bln year ago * Targets 15.6 pct loan growth in 2012 KUALA LUMPUR, Feb 23 (Reuters) - Malaysia's biggestlender Maybank reported a 15 percent rise insecond-quarter net profit and gave an upbeat outlook, driven bystrong business growth in its Southeast Asian subsidiaries. Malaysian banks have reported robust earnings in recentquarters, riding on growth back home and in Singapore andIndonesia, although a possible euro zone recession may slowglobal growth and earnings for the lenders. ... More »UPDATE 1-Maybank Q2 profit up 15 pct on regional growth

Net sales and other operating income lifted by three times over the 2011 earnings of supermarket chain operator Puregold Price Club Inc. More »Puregold 2011 net income grows threefold to P1.54B

London (The Jakarta Post/ANN) - The euro should not exist. In a perfect world (run by economists) the euro would never have been created. Sadly, however, the world is not perfect ¿ and it is run by politicians. The result is an entirely dysfunctional monetary union. More »COMMENTARY: What the euro means for Asia

* Index declines nearly 1 percent * Neptune Orient leads losses after poor Q4 earnings SINGAPORE, Feb 23 (Reuters) - Singapore shares fell bymidday, hurt by weaker-than-expected company earnings and afterregional markets eased following weak European economic data. Neptune Orient Lines (NOL), the world's sixthbiggest container shipping firm, plummeted by as much as 11.2percent to a five-week low after reporting alarger-than-expected quarterly quarterly loss of $320 million,hit by high fuel costs and lower freight rates. "They missed our expectations. ... More »Singapore Stocks-Fall to one-week low, NOL drags