The Traderszone Network

Emerging markets are more comfortable in strong corporations having influence over government than in developed nations, a survey shows.

MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.8 percent on Friday, on track for a weekly loss of around 2.7 percent. Japan’s Nikkei stock average (.N225) lost 0.9 percent, shedding 0.6 percent for the week and pulling away from Thursday’s seven-year closing high. Data released before the market opened showed Japan’s annual core consumer inflation eased in August, in another sign that the Bank of Japan could be forced into additional easing steps to meet its 2 percent inflation goal sometime next fiscal year.

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In a directive issued on Tuesday, the Federal Aviation Administration said it had received reports that some 787-8 planes did not have foam-like plugs properly installed as required to keep a fire-suppression chemical in an electrical compartment in the plane. The compartment, known as the forward electrical equipment bay, is where one of the 787’s two lithium batteries is located. The fix doesn’t affect the plane’s battery system, Boeing said.

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The newest way to bet on the fortunes of Chinese e-commerce heavyweight Alibaba Group Holding Ltd (BABA.N) will debut on Monday when its stock options go live for trading, and investors should look for the initial action to be very busy, but also choppy and potentially pricey. Options market traders say Alibaba puts and calls will likely see heavy demand given the interest shown so far in the stock since its record-setting $25 billion initial public offering last week.

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Asian stocks fall, with Tokyo shares dropping sharply after a selloff in global markets and Australia’s benchmark index wiping out its gains for the year.
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A Chinese probe into trade financing finds nearly $10 billion in fake deals, a senior official says, in the latest warning over practices that raises concern over potential losses among foreign and Chinese banks this year.
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By Daniel Jones:

Shares of Nike (NYSE:NKE) rose more than 5% after the market closed on Sep. 25 after news broke that the consumer shoes, clothing, and athletic chain saw revenue and earnings that topped expectations. For the quarter, revenue came in at $7.98 billion.

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