* New formats include smaller stores, drive-through outlets. * Tata Starbucks aims to open some 40-50 outlets this year. * Tata Consumer to cut costs to offset inflation impact. * Indian firm to add distributors, affordable brands in rural push. By Abhirup Roy and Aditya Kalra.
China's foreign ministry said on Monday that Foreign Minister and State Councillor Wang Yi will meet a delegation of the interim Afghan Taliban government during his visit to Qatar on Oct. 25-26. The two sides will exchange views on the situation in Afghanistan and topics of "common concern", said foreign ministry spokesman Wang Wenbin, speaking at a regular news briefing in Beijing.
* Chinese property stocks slip, onshore and HK benchmarks steady. * Nikkei falls 0.7%, MSCI Asia ex Japan up less than 0.1% * Dollar at a one month low, oil and gold both gain. * Traders looking to major U.S. tech firms, global bank results. By Alun John.
* BIS to launch Asia Green Bond Fund in early 2022. * Fund to work with ADB in promoting Asia green finance. * Move underscores growing c.bank awareness on green finance. By Leika Kihara. The Bank for International Settlements said on Thursday it would launch in early 2022 a fund to channel global central bank reserves to green projects in the Asia Pacific region.
* Chinese property stocks slip, onshore and HK benchmarks steady. * HSBC (HSBC) and Facebook (FB) set to report earnings Monday. * Dollar near a one month low, oil and gold both gain. By Alun John. Asian shares edged higher on Monday ahead of a week packed with major quarterly earnings announcements though news of trials of a property tax in China weighed on Hong Kong and mainland Chinese markets.
The dollar rose from a one-month low on Monday, ahead of central bank meetings and economic data coming later this week, boosted by the prospect of a tighter U.S. monetary policy. The upward move came at the expense of the euro, the Japanese yen and the Swiss franc.
Asian shares started steady on Monday ahead of a week packed with major quarterly earnings announcements, while the dollar hovered near October lows after three weeks of risk-friendly sentiment hurt safe-haven currencies. HSBC (HSBC) and Facebook (FB) will both publish quarterly results on Monday, in Asian trading and late U.S. hours respectively.
The spillover effect of Chinese real estate companies' debt default risks to the financial industry is generally controllable, state media said on Monday, as concerns continue to loom over China Evergrande Group.
China's cabinet on Sunday outlined measures to achieve its goals of reaching peak carbon emissions by 2030 and carbon neutrality before 2060 but said food and energy security must be considered amid those efforts.
China Evergrande Group (EGRNF) said on Sunday it had resumed work on more than 10 projects in six cities including Shenzhen - a statement that comes after it appeared to avert default with a last-minute bond coupon payment last week. Evergrande, deep in crisis with more than $300 billion in liabilities, has not disclosed how many of its 1,300 real estate projects across China it has had to halt work on.
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