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Pakistan - Market factors to watch - May 31
ISLAMABAD, May 31 (Reuters) - Following is a list of events in Pakistan as well as news stories and press reports which may influence financial markets. (Reuters News welcomes your feedback and for any queries please contact Michael Georgy in Islamabad editorial on +92-51-281-0017 or via email michael.georgy@thomsonreuters.com or on Reuters messaging michael.georgy@thomsonreuters.com) MARKET SNAPSHOTS

GLOBAL MARKETS-Shares, euro hit by Spain bank woes, wary on China
* MSCI Asia ex-Japan off 1.2 pct, near last week's 5-mth low

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UPDATE 1-UK Stocks-Factors to watch on Wednesday, May 30
* Britain's FTSE 100 index is seen opening lower on Wednesday as concerns about the European crisis resurface, likely prompting investors to book profits on a four session long rally.

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Pakistan to announce T-bills auction results on Wednesday
- For the latest auction results for the 3-, 6-, and 12-month treasury bills from the State Bank of Pakistan, click on. (Compiled by the Karachi newsroom)

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Hong Kong shares set to snap winning streak, China inches down
to midday)

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MStanley gets India cbank nod for banking licence
MUMBAI, May 30 (Reuters) - Morgan Stanley has received an i n-principle approval f rom the Indian central bank for a banking licence, a spokesman for the U.S. bank said on Wednesday, confirming a

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