HALISTER1: *MACAU MARCH CASINO REV. FALLS 16.3% Y/Y; EST. 15.5% DROP

*MACAU MARCH CASINO REV. FALLS 16.3% Y/Y; EST. 15.5% DROP

Alert: HALISTER1
Source: BN (Bloomberg News)

Tickers
CWN AU (Crown Resorts Ltd)
27 HK (Galaxy Entertainment Group Ltd)
2282 HK (MGM China Holdings Ltd)
MGM US (MGM Resorts International)
MPEL US (Melco Crown Entertainment Ltd)

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UUID: 7947283

HALISTER: Indonesian Investors Said to Prepare $2 Billion Newmont Mine Bid

Indonesian Investors Said to Prepare $2 Billion Newmont Mine Bid

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
NEM US (Newmont Mining Corp)
MEDC IJ (Medco Energi Internasional Tbk PT)
BNP FP (BNP Paribas SA)
CSGN VX (Credit Suisse Group AG)
GLE FP (Societe Generale SA)

People
Agus Projosasmito
Arifin Panigoro (Indonesian Democracy Party-Str)
Muhammad Lutfi (Republic of Indonesia)
Rohan Hafas (Bank Mandiri Persero Tbk PT)
Sumitomo Corp Europe (Sumitomo Corp Capital Europe PLC)

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UUID: 7947283

(2) *INDONESIA GROUP SAID TO PLAN $2B NEWMONT MINE BID IN NEXT WEEK

*INDONESIA GROUP SAID TO PLAN $2B NEWMONT MINE BID IN NEXT WEEK

--BEN SCENT
Alerts: HALISTER, HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
NEM US (Newmont Mining Corp)
BRMS IJ (Bumi Resources Minerals Tbk PT)
BUMI IJ (Bumi Resources Tbk PT)
MEDC IJ (Medco Energi Internasional Tbk PT)

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UUID: 7947283

HALISTER1: INDIA RATINGS: India Pistons, Inox Cut; Malabar Creations Raised

INDIA RATINGS: India Pistons, Inox Cut; Malabar Creations Raised

(Bloomberg) -- Here’s a roundup of debt-rating changes of Indian cos. To get this story sent to your inbox in real-time, run NI INRATINGS , click on Display & Edit, then Set Alert Delivery. DOWNGRADES
  • Bapashree Infrastructure
    • Long term rating cut to D from BB- at Crisil
    • Cites delay in debt servicing because of weak liquidity, poor offtake of projects
  • India Pistons
    • Long term rating cut to D from BB+ at Crisil
    • Cites delay in servicing term loans due to stretched liquidity, resulting from continuing cash losses
  • Inox India
    • Long term rating cut to A- from A at Crisil
    • Cites continued pressure on operating performance of co’s U.S. unit due to challenging business environment there
UPGRADES
  • Malabar Creations
    • Long term rating raised to BBB- from BB+ at Crisil
    • Cites benefits from ongoing consolidation process, co’s position in jewelry retail business, moderate financial risk profile, healthy capital structure and comfortable debt protection metrics
  • Shri Vaari Electricals
    • Long term rating raised to BB+ from BB at Crisil
    • Cites healthy revenue growth supported by improved order flow from existing customers and steady client additions
  • Vishwa Glass and Ceramics
    • Long term rating raised to BB from BB- at Crisil
    • Cites higher-than-expected profitability
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

Tickers
6361 JP (Ebara Corp)
1012500Z IN (Prince Containers Pvt Ltd)

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UUID: 7947283

HALISTER1: INSIDE ASIA: Yen Leads Gains as Dollar Continues to See Pressure

INSIDE ASIA: Yen Leads Gains as Dollar Continues to See Pressure

(Bloomberg) -- Yen gains against dollar, leading advances among regional Asian currencies on expectations a U.S. job report later Friday won’t change Fed outlook.
  • Gauge of dollar index had its worst quarter since Sept. 2010; Aussie, rupiah, ringgit and baht advance Friday
  • USD-selling pressure is expected to continue for next 1-2 weeks, says Atsushi Hirano, head of FX sales Japan at RBS
  • Economic outlook in Asia mixed with Japan’s Tankan index falling to 6, less than median forecast of 8 in Bloomberg survey, while China manufacturing PMI beat estimates
  • Yuan snaps four-day rally, with USD/CNH buying led by leveraged accounts and banks, with their focus more on U.S. jobs report, according to FX traders in North Asia.
  • China PMI rose to 50.2 in March, more than median estimate 49.4; the improvement suggests less PBOC easing may be needed, Guosen Securities economist Janice Yu says
  • Aussie strengthens versus dollar after data showed Australia’s manufacturing index jumped to 58.1 in March, highest since April 2004
  • Rupiah advances; Indonesia’s consumer prices rose 4.45% in March on year after 4.42% in February
  • Thailand’s 10-year government bonds advance for fifth straight day; nation’s consumer prices probably declined 0.43% in March from year earlier following 0.50% slide prior month, according to Bloomberg survey before data today
  • Won weakens for the first time this week; while March exports beat estimates, foreigners withdrew $3.26b from local debt and equities in Feb.; capital inflow is expected in March
Alert: HALISTER1
Source: BFW (Bloomberg First Word)

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UUID: 7947283

HALISTER: JPMorgan, Wells Fargo Asked by U.S. to Save Records Tied to 1MDB

JPMorgan, Wells Fargo Asked by U.S. to Save Records Tied to 1MDB

Alert: HALISTER
Source: BN (Bloomberg News)

Tickers
JPM US (JPMorgan Chase & Co)
WFC US (Wells Fargo & Co)
0206021D MK (1Malaysia Development Bhd)

People
Arul Kandasamy (1Malaysia Development Bhd)
Mahathir Mohamad (Proton Holdings Bhd)
Mohamed Ali (Federation of Malaysia)
Mohd Abdul Razak (Federation of Malaysia)
Stefano Coduri (BSI SA)

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UUID: 7947283