Live Financial And Business News By SaneBull

NEW YORK (Reuters) - AIG, the giant insurer bailed out by the U.S. government, posted its second straight quarterly profit, helped by recovery in the value of its investments, but its underlying business remained weak and its shares fell.

NEW YORK (Reuters) - U.S. stocks rose 3 percent for the week after ending Friday's session slightly higher, shrugging off government data showing the unemployment rate hit 10.2 percent -- the highest in 26-1/2 years.

* Brokerage upgrades offset data; GE up 6 pct * U.S. unemployment rate at 10.2 pct, highest in over 26 yrs * Dow up 0.2 pct, S&P 500 up 0.3 pct, Nasdaq up 0.3 pct

* Brokerage upgrades offset data; GE up more than 7 pct

NEW YORK (Reuters) - American International Group Inc Chief Executive Edward Liddy has asked for more timebefore meeting with U.S. Rep. Elijah Cummings, who has beencritical of the insurer and management in recent weeks.

* Verdict to be closely watched for future cases (Adds quotes, details on email, redemptions)

(Corrects paragraph 7 to show one buyer for ING Swiss assets)

HONG KONG, Nov 6 (Reuters) - The following are some of themajor companies planning initial public offerings on the HongKong stock exchange.

* AIA, China Pacific Insurance eye listings (Adds details, background)