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(From AFX UK (Focus))
BEIJING (XFN-ASIA) - A summary of Asian economic and corporate news at 1000 GMT
JAPAN:
-New PM Abe wants summits soon with China, SKorea
-Abe may slow pace of fiscal reform - S&P
SOUTH KOREA:
-Current account deficit widens to 508.1 mln usd in Aug
-Cabinet approves 2007 budget that raises spending on welfare, defence
-Hynix to raise 471.1 mln usd via convertible bond issue
-FSS relays KEB Card stock manipulation findings to courts
-Doosan Heavy wins 177 bln won order from General Electric
HONG KONG:
-Foreign currency bond rating upgraded to 'Aa3' - Moody's
-HSBC unit, other HK banks foreign currency deposit ratings upgraded - Moody's
-HSBC Hong Kong waives homebuyers first 2 mths of mortgage interest payments
-HSBC Jintrust first equity fund raises 1.44 bln yuan in China IPO
-CEC Intl Q1 to July net profit …