SAO PAULO, April 29 (Reuters) - Brazil's real surged to an
eight-month high on Friday, prompting the country's central bank
to step up intervention to derail the rally, while Colombia and
Mexico's...
Read more
Saturday, April 30, 2016
Friday, April 29, 2016
BRIEF-Moody's says Alere's receipt of lender approval for amendment is a positive development
* Alere's receipt of lender approval for amendment and
waiver is a positive development; ratings unaffected
Source text (http://bit.ly/1VYiBej)
(Bengaluru Newsroom; +1 646 223 8780; )
Read more
waiver is a positive development; ratings unaffected
Source text (http://bit.ly/1VYiBej)
(Bengaluru Newsroom; +1 646 223 8780; )
Read more
BRIEF-Cyclacel Pharmaceuticals files for mixed shelf of up to $53.6 mln - SEC Filing
* Files for mixed shelf of up to $53.6 million - sec filing
Source text (http://1.usa.gov/1pQ9azJ)
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780; )
Read more
Source text (http://1.usa.gov/1pQ9azJ)
Further company coverage:
(Bengaluru Newsroom; +1 646 223 8780; )
Read more
BRIEF-Anthera Pharma amends purchase agreement with Lincoln Park Capital
* On april 27, 2016, Co, Lincoln Park Capital Fund, LLC
entered amendment to purchase agreement, dated as of march 12,
2015
Read more
entered amendment to purchase agreement, dated as of march 12,
2015
Read more
BRIEF-Widepoint enters into agreement to replace revolving line of credit
* On april 28, 2016, co, units entered into a business loan
agreement to replace existing revolving line of credit facility
- sec filing
Read more
agreement to replace existing revolving line of credit facility
- sec filing
Read more
BRIEF-Fitch downgrades kazakhstan to 'BBB'; outlook stable
* Expects Kazakhstan economy to contract by 1% in 2016, well
below five-year average of growth of 4.6% and 'BBB' median of
3.3%
Read more
below five-year average of growth of 4.6% and 'BBB' median of
3.3%
Read more
BRIEF-Fitch rates Port Authority of New York & New Jersey's consolidated bonds 'AA-'
* Fitch Rates Port Authority Of New York & New Jersey's
Consolidated Bonds 'AA-'
(Bengaluru Newsroom: +1-646-223-8780)
Read more
Consolidated Bonds 'AA-'
(Bengaluru Newsroom: +1-646-223-8780)
Read more
CANADA FX DEBT-C$ strengthens, move to 80 U.S. cents triggers corporate hedging
(Adds dealer quotes, details on currency's performance, updates
prices)
* Canadian dollar at C$1.2538, or 79.76 U.S. cents
* Loonie touched its strongest since July 1, 2015 of
C$1.2497
*...
Read more
prices)
* Canadian dollar at C$1.2538, or 79.76 U.S. cents
* Loonie touched its strongest since July 1, 2015 of
C$1.2497
*...
Read more
Spec net shorts in U.S. 10-year T-note futures rise-CFTC
April 29 (Reuters) - Speculators' net bearish bets on U.S.
10-year Treasury note futures rose earlier this week before the
Federal Reserve hinted it would cling to a gradual rate-hike
path, according...
Read more
10-year Treasury note futures rose earlier this week before the
Federal Reserve hinted it would cling to a gradual rate-hike
path, according...
Read more
UPDATE 1-EU watchdog says clearing houses resilient, tougher daily checks needed
LONDON, April 29 (Reuters) - Clearing houses for derivatives
in the European Union must use tougher assumptions when checking
their daily resilience to market shocks and defaults by members,
the...
Read more
in the European Union must use tougher assumptions when checking
their daily resilience to market shocks and defaults by members,
the...
Read more
BRIEF-S&P - Dreamworks Animation SKG Inc. 'B-' rating placed on creditwatch positive on planned acquisition by NBCUniversal
* Dreamworks Animation SKG Inc. 'B-' rating placed on
creditwatch positive on planned acquisition by NBCUniversal
Read more
creditwatch positive on planned acquisition by NBCUniversal
Read more
BRIEF-S&P affirms U.K. ratings at 'AAA/A-1+'; outlook negative
* United Kingdom ratings affirmed at 'AAA/A-1+'; outlook
remains negative on uncertain EU referendum vote
Read more
remains negative on uncertain EU referendum vote
Read more
TREASURIES-U.S. bonds steady as dour data offsets weaker Bunds
* Tepid data sours outlook on U.S. growth in second quarter
* Euro zone posts strongest quarterly growth in five years
* U.S. yields on track to rise modestly in April
* Fed's Kaplan says...
Read more
* Euro zone posts strongest quarterly growth in five years
* U.S. yields on track to rise modestly in April
* Fed's Kaplan says...
Read more
As consumer ABS struggles, issuers try new tactic
NEW YORK, April 29 (IFR) - Faced with weakness and
volatility in the consumer ABS sector, issuers have been
pre-selling new bonds and guaranteeing investor allocations
before the deals actually come...
Read more
volatility in the consumer ABS sector, issuers have been
pre-selling new bonds and guaranteeing investor allocations
before the deals actually come...
Read more
DALCOMP NEGOTIATED CALENDAR
April 29 (Reuters) - IN ORDER TO ENSURE THAT WE HAVE TIME TO ENTER ALL NEW ISSUE
INFORMATION,
DALCOMP ASKS THAT FIRMS CALL US AT 212-404-8107 OR USE OUR FAX 212-404-8153 TO
INFORM US UPCOMING ISSUES....
Read more
INFORMATION,
DALCOMP ASKS THAT FIRMS CALL US AT 212-404-8107 OR USE OUR FAX 212-404-8153 TO
INFORM US UPCOMING ISSUES....
Read more
UPDATE 1-Hedge fund managers Crispin Odey and Paul Marshall say Brexit would help London
LONDON, April 29 (Reuters) - More than 100 executives from
Britain's financial services industry, including hedge fund
managers Crispin Odey and Paul Marshall, have signed a letter
backing Britain's...
Read more
Britain's financial services industry, including hedge fund
managers Crispin Odey and Paul Marshall, have signed a letter
backing Britain's...
Read more
BRIEF-Sotherly Hotels expanded plans to reposition certain hotel properties as independent hotels
* Says currently in negotiations to refinance the mortgage
loan on the Hilton Savannah Desoto Hotel located in Savannah, GA
Read more
loan on the Hilton Savannah Desoto Hotel located in Savannah, GA
Read more
TREASURIES-U.S. bond prices pare losses after March spending data
NEW YORK, April 29 (Reuters) - U.S. Treasury prices trimmed
earlier losses on Friday as weaker-than-forecast data on
consumer spending in March supported the notion of a sluggish
U.S. economic...
Read more
earlier losses on Friday as weaker-than-forecast data on
consumer spending in March supported the notion of a sluggish
U.S. economic...
Read more
Russian cenbank says may cut key rate at one of next 3 meetings
MOSCOW, April 29 (Reuters) - Russia's central bank may
consider cutting its key interest rate at one of the next three
rate setting meetings, the bank's press service told Reuters on
Friday.
...
Read more
consider cutting its key interest rate at one of the next three
rate setting meetings, the bank's press service told Reuters on
Friday.
...
Read more
TABLE-Yields flat at South Africa's inflation-linked bond sale
JOHANNESBURG, April 29 (Reuters) - South Africa sold 650
million rand ($46 million) worth of its 2025, 2033
and 2046 inflation-linked bonds on Friday,
according to central bank data.
Yields were...
Read more
million rand ($46 million) worth of its 2025, 2033
and 2046 inflation-linked bonds on Friday,
according to central bank data.
Yields were...
Read more
EMERGING MARKETS-Rouble, lira hit 6-month high as dollar swoons
By Marc Jones
LONDON, April 29 (Reuters) - (Advisory: There will be no
London-based emerging market report on Monday due to a UK public
holiday)
Russia's rouble and Turkey's lira lead a gang of...
Read more
LONDON, April 29 (Reuters) - (Advisory: There will be no
London-based emerging market report on Monday due to a UK public
holiday)
Russia's rouble and Turkey's lira lead a gang of...
Read more
Ahead of ratings review, old banking fears shake Portugal's bonds
LONDON, April 29 (Reuters) - Portugal's borrowing costs rose
on Friday after a court decision revived concerns about Lisbon's
banks, and the country faced a ratings review that could edge it
closer...
Read more
on Friday after a court decision revived concerns about Lisbon's
banks, and the country faced a ratings review that could edge it
closer...
Read more
GLOBAL MARKETS-Yen surges again, hitting stocks and dollar
LONDON, April 29 (Reuters) - The yen rallied to an 18-month
high on Friday as investors wagered the Bank of Japan might be
done adding fresh stimulus to the economy, weighing on stock
markets around...
Read more
high on Friday as investors wagered the Bank of Japan might be
done adding fresh stimulus to the economy, weighing on stock
markets around...
Read more
RPT-Credit Suisse boss Thiam must show turnaround plan on track
LONDON/ZURICH, April 28 (Reuters) - Credit Suisse
investors want answers from CEO Tidjane Thiam about his
turnaround plan in the wake of $1 billion of unexpected trading
writedowns at the bank,...
Read more
investors want answers from CEO Tidjane Thiam about his
turnaround plan in the wake of $1 billion of unexpected trading
writedowns at the bank,...
Read more
Thursday, April 28, 2016
PRESS DIGEST - Wall Street Journal - April 29
April 29 (Reuters) - The following are the top stories in
the Wall Street Journal. Reuters has not verified these stories
and does not vouch for their accuracy.
Read more
the Wall Street Journal. Reuters has not verified these stories
and does not vouch for their accuracy.
Read more
BRIEF-Ak steel prices stock offering at $4.4 per share
* Says agreed to sell 52 million shares of its common stock
at a public offering price of $4.40 per share
Read more
at a public offering price of $4.40 per share
Read more
BRIEF-Republic of Turkey files for potential notes offering
* Republic Of Turkey Files For Potential Notes Offering;
Size Not Disclosed - SEC filing
Source text for Eikon: (http://1.usa.gov/1QDGX57)
Further company coverage: [Republic of Turkey]
(Bengaluru...
Read more
Size Not Disclosed - SEC filing
Source text for Eikon: (http://1.usa.gov/1QDGX57)
Further company coverage: [Republic of Turkey]
(Bengaluru...
Read more
BRIEF-Moody's withdraws Google's debt ratings following completion of Alphabet notes exchange
* Moody's withdraws Google Inc's debt ratings following
completion of alphabet notes exchange
Source text (http://bit.ly/1WtnvyU)
(Bengaluru Newsroom; +1 646 223 8780; )
Read more
completion of alphabet notes exchange
Source text (http://bit.ly/1WtnvyU)
(Bengaluru Newsroom; +1 646 223 8780; )
Read more
UPDATE 2-Regulators in talks with NY, NJ Port Authority over road, tunnel probe
April 28 (Reuters) - Securities regulators are in
discussions with the Port Authority of New York and New Jersey
over a "potential resolution" of their investigation into
multiple road and tunnel...
Read more
discussions with the Port Authority of New York and New Jersey
over a "potential resolution" of their investigation into
multiple road and tunnel...
Read more
Eurogroup meeting on Greece likely on May 9 or 10 - Greek TV
ATHENS, April 28 (Reuters) - Eurozone finance ministers are
likely to meet on Greece on May 9 or 10 to try to resolve a
deadlock in talks between Athens and its foreign creditors,
Greece's Ant1 TV...
Read more
likely to meet on Greece on May 9 or 10 to try to resolve a
deadlock in talks between Athens and its foreign creditors,
Greece's Ant1 TV...
Read more
Guatemala sets 4.60% yield on US$700m 10-year bond
NEW YORK, April 28 (IFR) - Guatemala launched a US$700m
10-year bond Thursday at a yield of 4.60% after amassing an
order book of more than US$3.5bn.
Read more
10-year bond Thursday at a yield of 4.60% after amassing an
order book of more than US$3.5bn.
Read more
UPDATE 1-Mexico's Pemex posts narrower first quarter loss
MEXICO CITY, April 28 (Reuters) - Mexican national oil
company Pemex on Thursday reported a 62 billion peso ($3.6
billion) loss in the first quarter, less than last year as a
lower tax burden helped...
Read more
company Pemex on Thursday reported a 62 billion peso ($3.6
billion) loss in the first quarter, less than last year as a
lower tax burden helped...
Read more
Brazil's central gov't narrows deficit in March
BRASILIA, April 28 (Reuters) - Brazil's central government
on Thursday posted a primary budget deficit of 7.943 billion
reais ($2.28 billion) in March, improving from a record gap the
previous month,...
Read more
on Thursday posted a primary budget deficit of 7.943 billion
reais ($2.28 billion) in March, improving from a record gap the
previous month,...
Read more
UPDATE 1-Bombardier jet order does not change Ottawa's stance on aid -source
OTTAWA, April 28 (Reuters) - A big order by Delta Airlines
Inc for Bombardier Inc jets does not change
the Canadian government's stance on whether to meet the plane
maker's request for financial aid,...
Read more
Inc for Bombardier Inc jets does not change
the Canadian government's stance on whether to meet the plane
maker's request for financial aid,...
Read more
UPDATE 4-Bradesco sees provisions within goal despite rising Brazil defaults
SAO PAULO, April 28 (Reuters) - Banco Bradesco SA expects
loan-loss provisions to end the year within target even if
defaults climbed further, executives said on Thursday, trying to
allay concerns...
Read more
loan-loss provisions to end the year within target even if
defaults climbed further, executives said on Thursday, trying to
allay concerns...
Read more
US Treasury, House panel getting "very close" on Puerto Rico debt bill
WASHINGTON, April 28 (Reuters) - The U.S. Treasury
Department and a key U.S. House of Representatives panel are
getting "very close" toward legislation to address Puerto Rico's
debt crisis, U.S....
Read more
Department and a key U.S. House of Representatives panel are
getting "very close" toward legislation to address Puerto Rico's
debt crisis, U.S....
Read more
BRIEF-Ikkuma Resources increases bought deal private placement of flow-through shares from $7 mln to $10 mln
* Ikkuma Resources Corp announces increase to bought deal
private placement of flow-through shares from $7.0 million to
$10 million
Read more
private placement of flow-through shares from $7.0 million to
$10 million
Read more
UPDATE 1-Guatemala returns to market after three-year hiatus
NEW YORK, April 28 (IFR) - Guatemala returned to the
international bond markets on Thursday with a US$700m 10-year
bond, marking its first crossborder debt sale in three years.
Read more
international bond markets on Thursday with a US$700m 10-year
bond, marking its first crossborder debt sale in three years.
Read more
BRIEF-Paragon Shipping announces recent developments on its debt agreements
* Paragon Shipping Inc. announces recent developments on its
debt agreements, newbuilding contracts and other corporate
actions
Read more
debt agreements, newbuilding contracts and other corporate
actions
Read more
TREASURIES-U.S. 30-year bond prices fall on inflation data
NEW YORK, April 28 (Reuters) - Prices on U.S. 30-year
Treasury bonds fell to session lows on Thursday as data showed
domestic inflation accelerated faster than forecast in the first
quarter, reducing...
Read more
Treasury bonds fell to session lows on Thursday as data showed
domestic inflation accelerated faster than forecast in the first
quarter, reducing...
Read more
WRAPUP 3-U.S. economy stalls in first quarter as activity weakens broadly
WASHINGTON, April 28 (Reuters) - U.S. economic growth braked
sharply in the first quarter to its slowest pace in two years as
consumer spending softened and a strong dollar continued to
undercut...
Read more
sharply in the first quarter to its slowest pace in two years as
consumer spending softened and a strong dollar continued to
undercut...
Read more
UPDATE 1-Abbott to buy St. Jude Medical for $25 bln
April 28 (Reuters) - Abbott Laboratories said it
agreed to buy medical device maker St. Jude Medical Inc
for $25 billion to add heft to its heart and neurological
devices business.
Read more
agreed to buy medical device maker St. Jude Medical Inc
for $25 billion to add heft to its heart and neurological
devices business.
Read more
BRIEF-S&P - Ratings on Mongolia affirmed at 'B/B'; outlook stable
* Ratings on Mongolia reflect our assessment of the
country's weak economic prospects, public finances, and balance
of payments
Source - http://bit.ly/1qXfW7R
(Bengaluru Newsroom; +1 646 223 8780)
Read more
country's weak economic prospects, public finances, and balance
of payments
Source - http://bit.ly/1qXfW7R
(Bengaluru Newsroom; +1 646 223 8780)
Read more
Abbott to acquire St. Jude Medical for $25 bln
April 28 (Reuters) - Abbott Laboratories said it
agreed to buy medical device maker St. Jude Medical Inc
for $25 billion.
Read more
agreed to buy medical device maker St. Jude Medical Inc
for $25 billion.
Read more
BRIEF-Abbott to acquire St. Jude medical
* Transaction expected to be accretive to abbott's adjusted
earnings per share(1) in first full year after closing and
increasing thereafter
Read more
earnings per share(1) in first full year after closing and
increasing thereafter
Read more
Bombardier to sell Delta 75 CSeries jets, posts Q1 loss
April 28 (Reuters) - Bombardier Inc announced a
much anticipated order from Delta Air Lines for 75 of
its CSeries narrow-body passenger jets on Thursday.
Read more
much anticipated order from Delta Air Lines for 75 of
its CSeries narrow-body passenger jets on Thursday.
Read more
BRIEF-Meg Energy maintains annual guidance of 80,000 to 83,000 bpd
* Meg Energy reports strong production and low costs,
providing a solid foundation during the current low price
environment
Read more
providing a solid foundation during the current low price
environment
Read more
UPDATE 5-Yen soars, stocks slump as BOJ holds policy, pushes back inflation target
* BOJ keeps base money target, negative rate unchanged
* BOJ cuts inflation f'casts, pushes target back again
* BOJ now expects 2 pct inflation to be hit "during" FY
2017/18
* BOJ can cut...
Read more
* BOJ cuts inflation f'casts, pushes target back again
* BOJ now expects 2 pct inflation to be hit "during" FY
2017/18
* BOJ can cut...
Read more
Euro zone economic sentiment rises more than expected in April
BRUSSELS, April 28 (Reuters) - Euro zone economic sentiment
improved more than expected in April and inflation expectations
among companies and consumers rose, data from the European
Commission...
Read more
improved more than expected in April and inflation expectations
among companies and consumers rose, data from the European
Commission...
Read more
UPDATE 1-Kuwait's KNPC signs 1.2 billion dinar loan for fuels project
KUWAIT, April 28 (Reuters) - State-owned refiner Kuwait
National Petroleum Co (KNPC) signed on Thursday the first
tranche of financing for its multi-billion-dollar Clean Fuels
Project, a major plank...
Read more
National Petroleum Co (KNPC) signed on Thursday the first
tranche of financing for its multi-billion-dollar Clean Fuels
Project, a major plank...
Read more
UPDATE 1-Spanish jobless rate inches up as election re-run looms
* Politicians disagree on tactics to fix job market
(Adds details, data on inflation, economy minister comments)
Read more
(Adds details, data on inflation, economy minister comments)
Read more
UPDATE 1-Gold helps drive Swiss central bank to Q1 profit
ZURICH, April 28 (Reuters) - Switzerland's central bank
posted a first-quarter profit of 5.7 billion Swiss francs ($5.88
billion) on Thursday as the global low interest rate environment
and rocky...
Read more
posted a first-quarter profit of 5.7 billion Swiss francs ($5.88
billion) on Thursday as the global low interest rate environment
and rocky...
Read more
Wednesday, April 27, 2016
German bond yields fall as relief spreads on steady Fed
LONDON, April 28 (Reuters) - German bond yields fell on
Thursday as relief spread across markets than the U.S. Federal
Reserve did not strongly signal that it would raise interest
rates in June.
Read more
Thursday as relief spread across markets than the U.S. Federal
Reserve did not strongly signal that it would raise interest
rates in June.
Read more
UPDATE 1-Lloyds posts profit in line with hopes amid slowdown in UK economy
LONDON, April 28 (Reuters) - Lloyds Banking Group
reported underlying profits in line with expectations on
Thursday, keeping first quarter revenues steady and cutting bad
debts despite the...
Read more
reported underlying profits in line with expectations on
Thursday, keeping first quarter revenues steady and cutting bad
debts despite the...
Read more
BOJ holds policy steady, adopts loan scheme for quake-hit areas
TOKYO, April 28 (Reuters) - The Bank of Japan held off on
expanding monetary stimulus on Thursday, even as global
headwinds, a strong yen and soft consumption threatened to
derail a fragile economic...
Read more
expanding monetary stimulus on Thursday, even as global
headwinds, a strong yen and soft consumption threatened to
derail a fragile economic...
Read more
RPT-BOJ holds policy steady, adopts loan scheme for quake-hit areas
TOKYO, April 28 (Reuters) - The Bank of Japan held off on
expanding monetary stimulus on Thursday, even as global
headwinds, a strong yen and soft consumption threatened to
derail a fragile economic...
Read more
expanding monetary stimulus on Thursday, even as global
headwinds, a strong yen and soft consumption threatened to
derail a fragile economic...
Read more
UPDATE 3-Brazil keeps rates on hold in bid to ease inflation
BRASILIA, April 27 (Reuters) - Brazil's central bank left
interest rates at a near 10-year high on Wednesday in a bid to
ease inflation in what could be the current board's last
decision ahead of a...
Read more
interest rates at a near 10-year high on Wednesday in a bid to
ease inflation in what could be the current board's last
decision ahead of a...
Read more
BRIEF-S&P revises IBM's 'AA-' rating outlook to negative on revenue declines
* International Business Machines Corp. 'AA-' rating outlook
revised to negative on revenue declines
Read more
revised to negative on revenue declines
Read more
Brazil central bank keeps interest rate steady at 14.25 pct
BRASILIA, April 27 (Reuters) - Brazil's central bank left
interest rates unchanged at 14.25 percent for the sixth straight
time on Wednesday, maintaining its fight against high inflation
in what...
Read more
interest rates unchanged at 14.25 percent for the sixth straight
time on Wednesday, maintaining its fight against high inflation
in what...
Read more
UPDATE 1-Chile court tosses key part of president's labor reform law
SANTIAGO, April 27 (Reuters) - A top court ruled on
Wednesday that key provisions of Chilean President Michelle
Bachelet's landmark labor reform were unconstitutional,
invalidating parts of the...
Read more
Wednesday that key provisions of Chilean President Michelle
Bachelet's landmark labor reform were unconstitutional,
invalidating parts of the...
Read more
BRIEF-B/E Aerospace Inc files for mixed shelf, size undisclosed
* B/E Aerospace Inc files for mixed shelf, size undisclosed
-SEC Filing
Source text: http://1.usa.gov/1N0tTvU
Further company coverage:
Read more
-SEC Filing
Source text: http://1.usa.gov/1N0tTvU
Further company coverage:
Read more
Brazil online card company Nubank gets $53 mln loans from Goldman Sachs
SAO PAULO, April 27 (Reuters) - Brazil's online credit card
provider Nubank secured about $53 million in credit lines from a
unit of Goldman Sachs Group Inc, boosting the
three-year-old company's...
Read more
provider Nubank secured about $53 million in credit lines from a
unit of Goldman Sachs Group Inc, boosting the
three-year-old company's...
Read more
TREASURIES-Longer-dated U.S. bonds jump as Fed sticks to slow rate hike path
* U.S. Fed stands pat on rates, keeps door open on June hike
* Benchmark yields recede from five-week highs
* March goods trade data raise U.S. Q1 GDP forecasts
* U.S. pending home sales...
Read more
* Benchmark yields recede from five-week highs
* March goods trade data raise U.S. Q1 GDP forecasts
* U.S. pending home sales...
Read more
EMERGING MARKETS-Brazil stocks outperform Latam as banks, state-run firms gain
BRASILIA, April 27 (Reuters) - Brazilian stocks rose nearly
2 percent on Wednesday as growing market optimism about an
expected government change boosted shares of banks and state-run
companies.
...
Read more
2 percent on Wednesday as growing market optimism about an
expected government change boosted shares of banks and state-run
companies.
...
Read more
UPDATE 2-Greece says IMF undermining bailout talks as pay day looms
ATHENS/BRUSSELS, April 27 (Reuters) - Greece accused the
International Monetary Fund on Wednesday of undermining
negotiations over the release of more bailout funds needed in
the next few weeks to...
Read more
International Monetary Fund on Wednesday of undermining
negotiations over the release of more bailout funds needed in
the next few weeks to...
Read more
BRIEF-Moody's affirms Apple Inc's Aa1 rating, outlook stable
* Affirmed Apple Inc.'s Aa1 senior unsecured upon co' s
announcement that it is expanding its shareholder return program
by $50 billion
Read more
announcement that it is expanding its shareholder return program
by $50 billion
Read more
IMF says Latin America at risk from deeper Chinese slowdown
MEXICO CITY, April 27 (Reuters) - Latin America's regional
recession could worsen if China's economy slows more than
expected and hits commodity exporters, the International
Monetary Fund said on...
Read more
recession could worsen if China's economy slows more than
expected and hits commodity exporters, the International
Monetary Fund said on...
Read more
U.S. Treasury official: China's AIIB can be "constructive addition"
WASHINGTON, April 27 (Reuters) - The U.S. Treasury's top
international official said on Wednesday that he believes
China's new development bank can be a "constructive addition" to
the world's...
Read more
international official said on Wednesday that he believes
China's new development bank can be a "constructive addition" to
the world's...
Read more
Saudi riyal peg pressure eases, but not gone
LONDON, April 27 (Reuters) - This year's oil price bounce
has eased pressure from the Saudi riyal's dollar peg but
volatile energy swings mean the currency remains vulnerable,
especially if Riyadh...
Read more
has eased pressure from the Saudi riyal's dollar peg but
volatile energy swings mean the currency remains vulnerable,
especially if Riyadh...
Read more
U.S. pending home sales rise to a 10-month high
WASHINGTON, April 27 (Reuters) - Contracts to buy previously
owned U.S. homes increased more than expected in March to reach
their highest level in nearly a year, suggesting sustained
momentum in the...
Read more
owned U.S. homes increased more than expected in March to reach
their highest level in nearly a year, suggesting sustained
momentum in the...
Read more
Santander Brasil sees limited deterioration in loan book quality
SAO PAULO, April 27 (Reuters) - Loan book quality at Banco
Santander Brasil SA could show limited deterioration in coming
months thanks to strict credit risk assessment policies that are
speeding up...
Read more
Santander Brasil SA could show limited deterioration in coming
months thanks to strict credit risk assessment policies that are
speeding up...
Read more
BRIEF-Moody's - Brazil's real estate market to remain weak
* Moody's - Brazil's real estate market to remain weak amid
rising unemployment, tighter credit
Read more
rising unemployment, tighter credit
Read more
UPDATE 1-Brazil banks brace for fresh wave of loan refinancing deals
(Adds Santander Brasil results, data on renegotiated loan book
throughout)
By Guillermo Parra-Bernal
SAO PAULO, April 27 (Reuters) - Brazil's largest listed
lenders are facing a deluge of...
Read more
throughout)
By Guillermo Parra-Bernal
SAO PAULO, April 27 (Reuters) - Brazil's largest listed
lenders are facing a deluge of...
Read more
Mozambique investors claim banks withheld crucial information
LONDON, April 27 (IFR) - Investors in Mozambique's newly
exchanged bond are speaking to lawyers about bringing a lawsuit
against the deal's arrangers, Credit Suisse and VTB, after
claiming that...
Read more
exchanged bond are speaking to lawyers about bringing a lawsuit
against the deal's arrangers, Credit Suisse and VTB, after
claiming that...
Read more
UPDATE 1-Saudi's Flynas to decide on Boeing vs Airbus order by early June
* Bombardier CS300 ruled out as not tested in Mideast
climate
(Adds detail, context, oversupply comments)
Read more
climate
(Adds detail, context, oversupply comments)
Read more
BRIEF-Jaguar Animal Health says entered first amendment to loan and security agreement
* On April 21, 2016, entered into first amendment to loan
and security agreement and waiver - SEC filing
Read more
and security agreement and waiver - SEC filing
Read more
UK faces "major negative shock" if leaves EU - OECD
LONDON, April 27 (Reuters) - Britain's large current account
deficit could become harder to finance and sterling might slide
if it votes to leave the European Union at a referendum in June,
the...
Read more
deficit could become harder to finance and sterling might slide
if it votes to leave the European Union at a referendum in June,
the...
Read more
Irish central bank's record profit helps cut national debt
DUBLIN, April 27 (Reuters) - Bond sales helped Ireland's
central bank to a record profit of 2.2 billion euros last year,
1.8 billion of which has been paid to the state to help cut a
national debt...
Read more
central bank to a record profit of 2.2 billion euros last year,
1.8 billion of which has been paid to the state to help cut a
national debt...
Read more
UPDATE 1-Brexit would cost Britons a month's salary by 2020 - OECD report
LONDON, April 27 (Reuters) - Another leading international
economic body joined calls for Britain to stay in the European
Union on Wednesday when the head of the Organisation for
Economic...
Read more
economic body joined calls for Britain to stay in the European
Union on Wednesday when the head of the Organisation for
Economic...
Read more
Saudi Aramco says approves funding initiatives including sukuk programme
KHOBAR, Saudi Arabia, April 27 (Reuters) - Saudi Aramco's
board has approved a number of funding initiatives
including the creation of a sukuk programme, its weekly magazine
the Arabian Sun reported...
Read more
board has approved a number of funding initiatives
including the creation of a sukuk programme, its weekly magazine
the Arabian Sun reported...
Read more
Brexit would cost Britons a month's salary by 2020 - OECD report
LONDON, April 27 (Reuters) - Britain leaving the European
Union after a June 23 referendum would lead to the average
working Briton losing the equivalent of a month's salary by
2020, according to an...
Read more
Union after a June 23 referendum would lead to the average
working Briton losing the equivalent of a month's salary by
2020, according to an...
Read more
Tuesday, April 26, 2016
Germany to introduce e-car incentives of 4,000 euros, govt sources
BERLIN, April 27 (Reuters) - Germany's government and the
auto industry have agreed on introducing an incentive of 4,000
euros ($4,518) for electric car buyers and 3,000 euros for those
purchasing a...
Read more
auto industry have agreed on introducing an incentive of 4,000
euros ($4,518) for electric car buyers and 3,000 euros for those
purchasing a...
Read more
Polish rate-setter says will opt for CPI target cut
WARSAW, April 27 (Reuters) - Polish rate-setter Kamil
Zubelewicz said that if the Monetary Policy Council (MPC) starts
any discussion on inflation target, he will be an advocate of
cutting it from...
Read more
Zubelewicz said that if the Monetary Policy Council (MPC) starts
any discussion on inflation target, he will be an advocate of
cutting it from...
Read more
Brazil banks brace for fresh wave of loan refinancing deals
By Guillermo Parra-Bernal
SAO PAULO, April 27 (Reuters) - Brazil's largest listed
lenders are facing a deluge of requests from companies to
renegotiate at least 100 billion reais ($28 billion)...
Read more
SAO PAULO, April 27 (Reuters) - Brazil's largest listed
lenders are facing a deluge of requests from companies to
renegotiate at least 100 billion reais ($28 billion)...
Read more
FOREX-Aussie plunges as prices fall; dollar and yen look to Fed, BOJ
SYDNEY/TOKYO, April 27 (Reuters) - The Australian dollar
tumbled on Wednesday after surprisingly soft local inflation
data, while the dollar and yen were on the defensive after a
broad retreat...
Read more
tumbled on Wednesday after surprisingly soft local inflation
data, while the dollar and yen were on the defensive after a
broad retreat...
Read more
Japan life insurers' holdings of foreign securities set for new heights
TOKYO, April 27 (Reuters) - Japanese life insurers expect to
lift holdings of foreign securities to record levels this fiscal
year as they hunt better returns than the record low domestic
yields...
Read more
lift holdings of foreign securities to record levels this fiscal
year as they hunt better returns than the record low domestic
yields...
Read more
REFILE-FOREX-Dollar and yen retreat as central banks loom large
SYDNEY, April 27 (Reuters) - The dollar and yen were on the
defensive early on Wednesday, having suffered a broad retreat
overnight as investors hunker down ahead of policy decisions by
both the...
Read more
defensive early on Wednesday, having suffered a broad retreat
overnight as investors hunker down ahead of policy decisions by
both the...
Read more
Santander Chile sees loan growth of $2.8 bln in 2016
SANTIAGO, April 26 (Reuters) - Banco Santander-Chile
expects its loan portfolio to expand by $2.8 billion in
2016 and sees loan growth across Chile's banking industry of
between 6 percent to 8...
Read more
expects its loan portfolio to expand by $2.8 billion in
2016 and sees loan growth across Chile's banking industry of
between 6 percent to 8...
Read more
UPDATE 2-Bombardier moves up results spurring expectation of CSeries order
MONTREAL/TORONTO, April 26 (Reuters) - Canadian plane and
train maker Bombardier Inc said on Tuesday it will be
moving forward its first-quarter results by a day to Thursday,
in a surprise...
Read more
train maker Bombardier Inc said on Tuesday it will be
moving forward its first-quarter results by a day to Thursday,
in a surprise...
Read more
UPDATE 4-Cheap oil smudges Exxon's long-held sterling credit rating
April 26 (Reuters) - Exxon Mobil Corp lost its
top-tier credit rating from Standard & Poor's on Tuesday for the
first time in almost 70 years, as slumping crude prices crimp
the oil giant's ability...
Read more
top-tier credit rating from Standard & Poor's on Tuesday for the
first time in almost 70 years, as slumping crude prices crimp
the oil giant's ability...
Read more
BRIEF-S&P says Xerox corp'BBB-/A-3' ratings remain on creditwatch negative pending business separation
* Xerox Corp'BBB-/A-3' ratings remain on creditwatch
negative pending business separation
Source text (http://bit.ly/1Qz6gVT)
Further company coverage:
Read more
negative pending business separation
Source text (http://bit.ly/1Qz6gVT)
Further company coverage:
Read more
BRIEF-Central Garden & Pet entered into restated credit agreement on April 22
* On April 22, 2016, co entered into amended and restated
credit agreement with certain of co's domestic subsidiaries -
SEC filing
Read more
credit agreement with certain of co's domestic subsidiaries -
SEC filing
Read more
LATAM CLOSE-Gruposura raises US$550m in LatAm primary market
NEW YORK, April 26 (IFR) - Below is a recap of primary issuance activity in
the LatAm market on Tuesday:
Read more
the LatAm market on Tuesday:
Read more
GLOBAL MARKETS-Oil rises on weak dollar, Treasury yields hit 5-week high ahead of FOMC
NEW YORK, April 26 (Reuters) - The dollar fell on Tuesday
after weaker-than-expected U.S. economic data boosted
expectations the Federal Reserve would hold interest rates lower
for longer, while U.S....
Read more
after weaker-than-expected U.S. economic data boosted
expectations the Federal Reserve would hold interest rates lower
for longer, while U.S....
Read more
Bullish BlackRock says EM rally not done yet
NEW YORK, April 26 (IFR) - BlackRock remains bullish on
emerging market credit even after a rally by the asset class in
recent months, top officials at the global asset manager said on
Tuesday.
Read more
emerging market credit even after a rally by the asset class in
recent months, top officials at the global asset manager said on
Tuesday.
Read more
UPDATE 1-New York City mayor presents $82.2 bln budget update
NEW YORK, April 26 (Reuters) - New York City's Mayor Bill de
Blasio announced on Tuesday a $82.2 billion budget plan for the
city's 2017 fiscal year, which he said plows money into health,
education,...
Read more
Blasio announced on Tuesday a $82.2 billion budget plan for the
city's 2017 fiscal year, which he said plows money into health,
education,...
Read more
ECB likely to decide next week to scrap 500-euro bill - source
FRANKFURT, April 26 (Reuters) - The European Central Bank is
likely to decide at its May 4 Governing Council meeting to scrap
the 500-euro ($564) banknote, a source familiar with the
discussion said,...
Read more
likely to decide at its May 4 Governing Council meeting to scrap
the 500-euro ($564) banknote, a source familiar with the
discussion said,...
Read more
BRIEF-Zero Zero Robotics raises $25 mln in total funding
* Zero Zero Robotics says raised $25 million in total
funding, including a $23 million series A round
Read more
funding, including a $23 million series A round
Read more
NYC recession generation may never catch up in workplace -report
NEW YORK, April 25 (Reuters) - Young people who joined the
New York City workforce during and after the 2007-2009 recession
earn less than earlier generations, a disadvantage that could
last their...
Read more
New York City workforce during and after the 2007-2009 recession
earn less than earlier generations, a disadvantage that could
last their...
Read more
UPDATE 1-"Out means out", German lawmakers warn Britain on Brexit
* City of London would suffer
(Adds Social Democrat lawmaker, background, and changes media
identification slug from GERMANY-BREXIT)
Read more
(Adds Social Democrat lawmaker, background, and changes media
identification slug from GERMANY-BREXIT)
Read more
BRIEF-FLX Bio announces $50 million series b financing
* Funds will be used to support further discovery and
development of company's phase 1 clinical compound, flx925
Source text for Eikon:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
development of company's phase 1 clinical compound, flx925
Source text for Eikon:
(Bengaluru Newsroom; +1 646 223 8780)
Read more
Former Epix executive arrested for $8 million fraud at network
NEW YORK, April 26 (Reuters) - The former chief digital
officer of Epix was arrested on Tuesday on charges that he
defrauded the premium television network out of more than $8
million.
Read more
officer of Epix was arrested on Tuesday on charges that he
defrauded the premium television network out of more than $8
million.
Read more
Investors turn more bearish on longer-dated U.S. Treasuries -JPM
NEW YORK, April 26 (Reuters) - Investors who are bearish on
longer-dated U.S. Treasuries outnumbered those bullish on them
by the most in six weeks ahead of the Federal Reserve's interest
rate...
Read more
longer-dated U.S. Treasuries outnumbered those bullish on them
by the most in six weeks ahead of the Federal Reserve's interest
rate...
Read more
BRIEF-Determine Inc and unit enters financing agreement with Western Alliance Bank
* On April 20, 2016, co and unit, Determine Sourcing, Inc.,
entered amendment to restated financing agreement with Western
Alliance Bank
Read more
entered amendment to restated financing agreement with Western
Alliance Bank
Read more
UPDATE 1-Greece using public sector deposits as bailout delays pinch -officials
* Repos pay more interest than deposits at commercial banks
(Adds Greek proposal for automatic cutbacks, finance ministry
comment)
Read more
(Adds Greek proposal for automatic cutbacks, finance ministry
comment)
Read more
BRIEF-Crown Castle announces proposed offering of senior notes
* Says commencing a public offering of 3.400 pct senior
notes due 2021 and senior notes due 2026
Read more
notes due 2021 and senior notes due 2026
Read more
UPDATE 1-Barrick Gold reports a quarterly loss
April 26 (Reuters) - Barrick Gold Corp, the world's
largest gold producer, reported a quarterly loss, compared with
a year-earlier profit, as asset sales weighed on production and
realized prices...
Read more
largest gold producer, reported a quarterly loss, compared with
a year-earlier profit, as asset sales weighed on production and
realized prices...
Read more
BRIEF-Eric Sprott increases Newmarket Gold shareholdings
* Eric Sprott increases Newmarket Gold shareholdings to
17.9% by purchasing 16.2 million newmarket common shares at
$2.80 per share
Read more
17.9% by purchasing 16.2 million newmarket common shares at
$2.80 per share
Read more
GLOBAL MARKETS-Stocks, oil prices climb as investors ready for Fed
LONDON, April 26 (Reuters) - World stocks climbed for the
first time in four days on Tuesday and a weaker dollar helped
oil prices gain too, as investors fine-tuned their expectations
for monetary...
Read more
first time in four days on Tuesday and a weaker dollar helped
oil prices gain too, as investors fine-tuned their expectations
for monetary...
Read more
GLOBAL MARKETS-Stocks, oil prices climb as investors ready for Fed
LONDON, April 26 (Reuters) - World stocks climbed for the
first time in four days on Tuesday and a weaker dollar helped
oil prices gain too, as investors fine-tuned their expectations
for monetary...
Read more
first time in four days on Tuesday and a weaker dollar helped
oil prices gain too, as investors fine-tuned their expectations
for monetary...
Read more
JGBs firm, superlong zone rallies after BOJ operations
TOKYO, April 26 (Reuters) - Japanese government bonds firmed
on Tuesday, with prices of superlong JGBs rallying after strong
results of the Bank of Japan's buying operations.
Read more
on Tuesday, with prices of superlong JGBs rallying after strong
results of the Bank of Japan's buying operations.
Read more
German parliament to invite Draghi to testify on ECB policy - sources
BERLIN, April 26 (Reuters) - The German parliament wants to
invite European Central Bank President Mario Draghi to explain
the bank's ultra-low interest rates and expansionary monetary
policy,...
Read more
invite European Central Bank President Mario Draghi to explain
the bank's ultra-low interest rates and expansionary monetary
policy,...
Read more
REFILE-Thai bank SCB close to hiring Morgan Stanley for insurance unit stake sale -sources
SINGAPORE, April 26 (Reuters) - Siam Commercial Bank (SCB)
, Thailand's No. 3 lender, is close to hiring Morgan
Stanley to advise on a potential sale of a significant
stake in its life insurance...
Read more
, Thailand's No. 3 lender, is close to hiring Morgan
Stanley to advise on a potential sale of a significant
stake in its life insurance...
Read more
UPDATE 1-China's top steel making province bans reopening of mills ordered closed - Xinhua
SHANGHAI, April 26 (Reuters) - China's top steel making
province will ban the reopening of steel mills that had been
previously ordered to shut down, the official Xinhua News Agency
reported on...
Read more
province will ban the reopening of steel mills that had been
previously ordered to shut down, the official Xinhua News Agency
reported on...
Read more
Monday, April 25, 2016
How one Russian oligarch beat the crisis and made a fortune
LONDON, April 26 (Reuters) - As Russia was descending into
financial crisis, some of its most influential oil and stocks
traders gathered at the exclusive River Club in central Moscow
at the...
Read more
financial crisis, some of its most influential oil and stocks
traders gathered at the exclusive River Club in central Moscow
at the...
Read more
Thai bank SCB close to hiring Morgan Stanley for insurance unit stake sale -sources
SINGAPORE, April 26 (Reuters) - Siam Commercial Bank (SCB)
, Thailand's No. 3 lender, is close to hiring Morgan
Stanley to advise on a potential sale of a significant
stake in its life insurance...
Read more
, Thailand's No. 3 lender, is close to hiring Morgan
Stanley to advise on a potential sale of a significant
stake in its life insurance...
Read more
GLOBAL MARKETS-Asian stocks retreat ahead of Fed, BOJ meetings
TOKYO/SINGAPORE, April 26 (Reuters) - Asian stocks retreated
on Tuesday as investors braced for central bank policy meetings
in the United States and Japan this week.
Read more
on Tuesday as investors braced for central bank policy meetings
in the United States and Japan this week.
Read more
BRIEF-Alere received notice of default from group of bondholders - Bloomberg
* Alere Inc received a notice of default from a group of
bondholders after co delayed filing its 2015 financial statement
- Bloomberg, citing sources
Source text : (http://bloom.bg/1TtAPkC)
Further...
Read more
bondholders after co delayed filing its 2015 financial statement
- Bloomberg, citing sources
Source text : (http://bloom.bg/1TtAPkC)
Further...
Read more
Alere receives default notice from bondholder group - Bloomberg
April 25 (Reuters) - Alere Inc received a notice of
default from a group of its bondholders after the diagnostics
company delayed filing its 2015 annual report in March,
Bloomberg reported Monday.
Read more
default from a group of its bondholders after the diagnostics
company delayed filing its 2015 annual report in March,
Bloomberg reported Monday.
Read more
UPDATE 1-Brazil's main opposition party split on joining a future Temer gov't
BRASILIA, April 25 (Reuters) - Brazil's largest opposition
party is divided over how strongly to back a new interim
government if it succeeds in having President Dilma Rousseff
stripped of office, as...
Read more
party is divided over how strongly to back a new interim
government if it succeeds in having President Dilma Rousseff
stripped of office, as...
Read more
BRIEF-Verisk Analytics signs definitive agreement to sell its healthcare services business to Veritas Capital for $820 mln
* Verisk analytics, inc., signs definitive agreement to sell
its healthcare services business to Veritas Capital for $820
million
Read more
its healthcare services business to Veritas Capital for $820
million
Read more
UPDATE 1-U.S. 10-year TIPS breakeven rate up but off day's highs
NEW YORK, April 25 (Reuters) - The U.S. bond market's gauge
on investors' 10-year inflation expectations rose on Monday but
came off its multi-month high hit during the session, as oil
futures fell...
Read more
on investors' 10-year inflation expectations rose on Monday but
came off its multi-month high hit during the session, as oil
futures fell...
Read more
U.S. sells T-bills at highest rates in 4 weeks
NEW YORK, April 25 (Reuters) - The U.S. Treasury Department
on Monday sold the latest supply of three-month and six-month
bills at the highest interest rates in four weeks in advance of
the Federal...
Read more
on Monday sold the latest supply of three-month and six-month
bills at the highest interest rates in four weeks in advance of
the Federal...
Read more
WRAPUP 2-New U.S. home sales drop on sharp decline in the West
WASHINGTON, April 25 (Reuters) - New U.S. single-family home
sales unexpectedly fell in March, but the decline was
concentrated in the West region, suggesting that the housing
market continued to...
Read more
sales unexpectedly fell in March, but the decline was
concentrated in the West region, suggesting that the housing
market continued to...
Read more
BRIEF-S&P - Missouri Special Obligation Bonds assigned 'AA+' rating due to strong reserves, very strong budget
* Missouri Special Obligation Bonds assigned 'AA+' rating
due to strong reserves, very strong budget
Read more
due to strong reserves, very strong budget
Read more
UPDATE 2-Brazil's Oi starts $14.3 billion bond restructuring talks
SAO PAULO, April 25 (Reuters) - Oi SA on Monday
formally started talks to restructure $14.3 billion of bonds,
pitting some of the world's biggest investors against each other
as Brazil's...
Read more
formally started talks to restructure $14.3 billion of bonds,
pitting some of the world's biggest investors against each other
as Brazil's...
Read more
TREASURIES-U.S. yields hit 4-week highs before 2-year auction
* U.S. to sell $26 billion in two-year notes
* Surprise March fall in new home sales support bonds
* Fed seen holding rates at upcoming policy meeting
By Richard Leong
NEW YORK,...
Read more
* Surprise March fall in new home sales support bonds
* Fed seen holding rates at upcoming policy meeting
By Richard Leong
NEW YORK,...
Read more
BRIEF-CWC Energy says rights issued under rights offering will expire on May 31, 2016
* Says rights issued under rights offering will expire on
may 31, 2016
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
may 31, 2016
Source text for Eikon:
Further company coverage:
(Bengaluru Newsroom: +1-646-223-8780)
Read more
El-Erian says this week's Fed meeting to set stage for June hike
NEW YORK, April 25 (Reuters) - Mohamed El-Erian, the chief
economic adviser at Allianz SE, said on Monday he
expects this week's Federal Reserve policy-setting meeting to
set the stage for a June...
Read more
economic adviser at Allianz SE, said on Monday he
expects this week's Federal Reserve policy-setting meeting to
set the stage for a June...
Read more
UPDATE 2-USA Today publisher Gannett offers to buy Tribune Publishing
April 25 (Reuters) - Gannett Co Inc, the publisher
of USA Today, said it offered to buy Tribune Publishing Co
but the owner of the Los Angeles Times refused to begin
"constructive" talks.
Read more
of USA Today, said it offered to buy Tribune Publishing Co
but the owner of the Los Angeles Times refused to begin
"constructive" talks.
Read more
China expected to see $538 bln capital exodus in 2016, IIF says
LONDON, April 25 (Reuters) - Global investors are expected
to pull $538 billion out of China's slowing economy in 2016, the
Institute of International Finance estimated on Monday, although
the pace...
Read more
to pull $538 billion out of China's slowing economy in 2016, the
Institute of International Finance estimated on Monday, although
the pace...
Read more
UPDATE 1-Bulgaria's BEH agrees 535 mln euros loan financing
SOFIA, April 25 (Reuters) - Bulgarian state energy firm BEH
has signed a 535 million euro ($602 million) bridge loan with
three international banks which is to be refinanced by a global
bond issue...
Read more
has signed a 535 million euro ($602 million) bridge loan with
three international banks which is to be refinanced by a global
bond issue...
Read more
BRIEF-Ares management raises $7.85 bln for its capital private equity fund
* Ares management raises $7.85 billion for fifth flexible
capital private equity fund
Source text for Eikon:
Further company coverage:
Read more
capital private equity fund
Source text for Eikon:
Further company coverage:
Read more
PRESS DIGEST-Canada - April 25
April 25 (Reuters) - The following are the top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
EMERGING MARKETS-Stocks, currencies sink before central bank meetings
By Karin Strohecker
LONDON, April 25 (Reuters) - Emerging market stocks sank to
their lowest in a week and currencies came under pressure on
Monday, weighed down by nerves over a raft of central...
Read more
LONDON, April 25 (Reuters) - Emerging market stocks sank to
their lowest in a week and currencies came under pressure on
Monday, weighed down by nerves over a raft of central...
Read more
German Bund yields hold above 0.2 percent as market nurses losses
LONDON, April 25 (Reuters) - German Bund yields held above
0.2 percent on Monday, hovering near recent one-month highs amid
some nervousness ahead of this week's central bank meetings in
the U.S. and...
Read more
0.2 percent on Monday, hovering near recent one-month highs amid
some nervousness ahead of this week's central bank meetings in
the U.S. and...
Read more
Russian government in talks with potential bidders for Rosneft, Bashneft stakes -agencies
MOSCOW, April 25 (Reuters) - Russia's government is in talks
with potential buyers of stakes in the nation's top oil producer
Rosneft and medium-sized oil producer Bashneft
, Russian news agencies...
Read more
with potential buyers of stakes in the nation's top oil producer
Rosneft and medium-sized oil producer Bashneft
, Russian news agencies...
Read more
RPT-GLOBAL ECONOMY WEEKAHEAD-Hoping for a hint as focus moves to Fed
DUBLIN, April 22 (Reuters) - The U.S. Federal Reserve is set
to join the ECB in holding policy steady when it meets in the
coming week against a calmer market backdrop, while big
economies report on...
Read more
to join the ECB in holding policy steady when it meets in the
coming week against a calmer market backdrop, while big
economies report on...
Read more
Bulgaria's BEH agrees loan agreement for up to 650 mln euros
SOFIA, April 25 (Reuters) - Bulgarian state energy holding
company BEH said it has signed a bridge loan agreement with
three international banks for up to 650 million euros to be
refinanced by a...
Read more
company BEH said it has signed a bridge loan agreement with
three international banks for up to 650 million euros to be
refinanced by a...
Read more
JGBs slip on jitters ahead of BOJ policy meeting
TOKYO, April 25 (Reuters) - Japanese government bond prices
slipped on Monday, in anticipation the Bank of Japan may not
enhance bond buying if it should further ease monetary policy at
its...
Read more
slipped on Monday, in anticipation the Bank of Japan may not
enhance bond buying if it should further ease monetary policy at
its...
Read more
Sunday, April 24, 2016
PRESS DIGEST - Wall Street Journal - April 25
April 25 (Reuters) - The following are the top stories in
the Wall Street Journal. Reuters has not verified these stories
and does not vouch for their accuracy.
Read more
the Wall Street Journal. Reuters has not verified these stories
and does not vouch for their accuracy.
Read more
INSIGHT-Yieldcos enabled SunEdison's debt-fueled acquisition spree
April 25 (Reuters) - At an early 2015 investor conference,
SunEdison's then-chief financial officer, Brian
Wuebbels, trumpeted the profit potential in the solar
developer's relationship with a...
Read more
SunEdison's then-chief financial officer, Brian
Wuebbels, trumpeted the profit potential in the solar
developer's relationship with a...
Read more
GLOBAL MARKETS-Asia stocks, dollar slip as markets await Fed, BOJ meetings
TOKYO, April 25 (Reuters) - Asian shares dropped on Monday
while the dollar slipped as investors took profits from the
currency's recent gains ahead of central bank meetings in the
United States and...
Read more
while the dollar slipped as investors took profits from the
currency's recent gains ahead of central bank meetings in the
United States and...
Read more
PRESS DIGEST- British Business - April 25
April 25 (Reuters) - The following are the top stories on
the business pages of British newspapers. Reuters has not
verified these stories and does not vouch for their accuracy.
Read more
the business pages of British newspapers. Reuters has not
verified these stories and does not vouch for their accuracy.
Read more
UPDATE 2-Brazil's Meirelles would lead finance ministry, with conditions - Folha
SAO PAULO, April 24 (Reuters) - If Brazilian Vice President
Michel Temer takes power, former central bank President Henrique
Meirelles would accept the position of finance minister under
the...
Read more
Michel Temer takes power, former central bank President Henrique
Meirelles would accept the position of finance minister under
the...
Read more
TABLE-Kuwait February bank lending growth slows to 6.8 pct
April 24 (Reuters) - Kuwait's M2 money supply growth
accelerated to an annual 2.5 percent in February from 2.0
percent in January, central bank data showed on Sunday.
But growth in bank lending...
Read more
accelerated to an annual 2.5 percent in February from 2.0
percent in January, central bank data showed on Sunday.
But growth in bank lending...
Read more
Saudis await prince's vision of future with hope and concern
RIYADH, April 24 (Reuters) - Saudi Arabians are anticipating
with hope, doubt and worry the release this week of a government
plan to liberate the kingdom from its reliance on oil, which
could solve...
Read more
with hope, doubt and worry the release this week of a government
plan to liberate the kingdom from its reliance on oil, which
could solve...
Read more
UPDATE 1-Post-Brexit UK-U.S. trade deal could take a decade, Obama tells BBC
LONDON, April 24 (Reuters) - A trade deal between Britain
and the United States could take five to 10 years to negotiate
if Britain votes to leave the European Union in a June 23
referendum, U.S....
Read more
and the United States could take five to 10 years to negotiate
if Britain votes to leave the European Union in a June 23
referendum, U.S....
Read more
Obama says he hopes he has persuaded British voters not to leave EU
LONDON, April 24 (Reuters) - U.S. President Barack Obama
said he hoped he would be able to influence some British voters'
decisions at a June 23 referendum on Britain's membership of the
European...
Read more
said he hoped he would be able to influence some British voters'
decisions at a June 23 referendum on Britain's membership of the
European...
Read more
REFILE-UPDATE 1-Post-Brexit UK-U.S. trade deal could take a decade, Obama tells BBC
LONDON, April 24 (Reuters) - A trade deal between Britain
and the United States could take five to 10 years to negotiate
if Britain votes to leave the European Union at a June 23
referendum, U.S....
Read more
and the United States could take five to 10 years to negotiate
if Britain votes to leave the European Union at a June 23
referendum, U.S....
Read more
Saturday, April 23, 2016
UPDATE 1-IMF says Mozambique admits to over $1 bln of hidden debt
JOHANNESBURG, April 23 (Reuters) - The International
Monetary Fund said on Saturday that Mozambique has admitted to
having over one billion dollars of undisclosed debt and the two
sides were now...
Read more
Monetary Fund said on Saturday that Mozambique has admitted to
having over one billion dollars of undisclosed debt and the two
sides were now...
Read more
Post Brexit UK-U.S. trade deal could take up to a decade, Obama tells BBC
LONDON, April 24 (Reuters) - A trade deal between Britain
and the United states could take five to 10 years to negotiate
if Britain votes to leave the European Union at a June 23
referendum, U.S....
Read more
and the United states could take five to 10 years to negotiate
if Britain votes to leave the European Union at a June 23
referendum, U.S....
Read more
IMF says Mozambique has over $1 bln of hidden debt
JOHANNESBURG, April 23 (Reuters) - The International
Monetary Fund said on Saturday that Mozambique had more than one
billion dollars of debt guaranteed by the government that had
not been disclosed...
Read more
Monetary Fund said on Saturday that Mozambique had more than one
billion dollars of debt guaranteed by the government that had
not been disclosed...
Read more
EU finmins to consider focusing on spending cap to cut morass of budget rules
AMSTERDAM, April 23 (Reuters) - European Union finance
ministers agreed on Saturday to discuss whether they can regain
some control over a morass of EU budget rules by focusing mainly
on an annual...
Read more
ministers agreed on Saturday to discuss whether they can regain
some control over a morass of EU budget rules by focusing mainly
on an annual...
Read more
ECB's Nowotny says negative rates necessary to avoid deflation
VIENNA, April 23 (Reuters) - The euro zone needs negative
interest rates to avoid sliding into deflation, European Central
Bank Governing Council member Ewald Nowotny said in an Austrian
newspaper...
Read more
interest rates to avoid sliding into deflation, European Central
Bank Governing Council member Ewald Nowotny said in an Austrian
newspaper...
Read more
Friday, April 22, 2016
UPDATE 1-Puerto Rico has tentative deal with some bondholders - Bloomberg
April 22 (Reuters) - Puerto Rico's Government Development
Bank reached a tentative agreement with about half of its
creditors, Bloomberg reported on Friday, in an effort to keep
negotiations out of...
Read more
Bank reached a tentative agreement with about half of its
creditors, Bloomberg reported on Friday, in an effort to keep
negotiations out of...
Read more
World Bank to lend Ecuador $150 mln to speed aid to quake victims
WASHINGTON, April 22 (Reuters) - The World Bank said on
Friday it would lend Ecuador $150 million to speed up assistance
to victims of last week's major earthquake that devastated large
areas of the...
Read more
Friday it would lend Ecuador $150 million to speed up assistance
to victims of last week's major earthquake that devastated large
areas of the...
Read more
Rousseff says may ask Mercosur bloc to suspend Brazil
NEW YORK, April 22 (Reuters) - Brazil's President Dilma
Rousseff said on Friday she would ask the South American bloc of
nations Mercosur to suspend Brazil if the democratic process is
broken, after...
Read more
Rousseff said on Friday she would ask the South American bloc of
nations Mercosur to suspend Brazil if the democratic process is
broken, after...
Read more
RPT-Brazil's Rousseff, in New York, compares impeachment to a coup
NEW YORK, April 22 (Reuters) - Brazil's President Dilma
Rousseff told reporters in New York the ongoing impeachment
process against her has all the characteristics of a coup and
said there was no...
Read more
Rousseff told reporters in New York the ongoing impeachment
process against her has all the characteristics of a coup and
said there was no...
Read more
Bankruptcy judge puts off decision on SunEdison independent examiner
NEW YORK, April 22 (Reuters) - A U.S. bankruptcy judge on
Friday put off making a decision on SunEdison Inc's
request for an independent examiner at the company's first day
in court.
Read more
Friday put off making a decision on SunEdison Inc's
request for an independent examiner at the company's first day
in court.
Read more
BRIEF-Gran Tierra Energy issues and sells additional $15 mln
* On april 22, issued and sold an additional $15 million in
aggregate principal amount of its 5.00% convertible senior notes
due 2021
Read more
aggregate principal amount of its 5.00% convertible senior notes
due 2021
Read more
Speculative net shorts in U.S. 10-year T-note futures fall -CFTC
April 22 (Reuters) - Speculators' net bearish bets on U.S.
10-year Treasury note futures fell for a second week as
benchmark yields rose on reduced safe-haven demand for
government bonds due to...
Read more
10-year Treasury note futures fell for a second week as
benchmark yields rose on reduced safe-haven demand for
government bonds due to...
Read more
SunEdison plans to keep investments in Latam solar market
SAO PAULO, April 22 (Reuters) - U.S. renewable energy
company SunEdison Inc hopes to maintain its
investments in Latin America's solar energy market despite
filing for bankruptcy on Thursday, a...
Read more
company SunEdison Inc hopes to maintain its
investments in Latin America's solar energy market despite
filing for bankruptcy on Thursday, a...
Read more
LATAM CLOSE-LatAm primary raises US$17bn this week
* Argentina ends holdout saga with debt payment
* As impeachment looms, Brazil's Rousseff warns of 'grave' crisis
* Judge lifts injunctions against Argentina
* Buy Petrobras bonds,...
Read more
* As impeachment looms, Brazil's Rousseff warns of 'grave' crisis
* Judge lifts injunctions against Argentina
* Buy Petrobras bonds,...
Read more
U.S. regional banks brace for losses from energy loans
April 22 (Reuters) - The five U.S. regional banks most
exposed to the energy sector set aside millions of dollars more
in the first quarter to cover potential losses from bad loans
to the...
Read more
exposed to the energy sector set aside millions of dollars more
in the first quarter to cover potential losses from bad loans
to the...
Read more
BRIEF-Moody's comments on EU's antitrust charges against Alphabet
* Moody's says the European Union's new antitrust charges
against Alphabet will not likely impact its AA2 credit ratings
Read more
against Alphabet will not likely impact its AA2 credit ratings
Read more
UPDATE 1-Argentina says #CiaoDefault, paying holdouts after 14 years
BUENOS AIRES, April 22 (Reuters) - Argentina paid creditors
on Friday who had refused debt restructurings after a record
2002 default, closing the book on nearly a decade of messy
litigation as new...
Read more
on Friday who had refused debt restructurings after a record
2002 default, closing the book on nearly a decade of messy
litigation as new...
Read more
W. Virginia regulator says Alpha Natural asset sale may jeopardize cleanup
CHICAGO, April 22 (Reuters) - West Virginia's environmental
authority opposes a plan by bankrupt coal miner Alpha Natural
Resources to sell core assets to its hedge fund
lenders, saying in a court...
Read more
authority opposes a plan by bankrupt coal miner Alpha Natural
Resources to sell core assets to its hedge fund
lenders, saying in a court...
Read more
BRIEF-Moody's says Puerto Rico Government Development Bank will default in may with or without federal action
* Moody's says Puerto Rico Government Development Bank will
default in may with or without federal action
Read more
default in may with or without federal action
Read more
GM's Steve Girsky, key adviser to CEOs, to retire from board
DETROIT, April 22 (Reuters) - Steve Girsky, the one-time
Wall Street analyst who was instrumental in the emergence of
General Motors Co from bankruptcy and the restructuring
of the company after a...
Read more
Wall Street analyst who was instrumental in the emergence of
General Motors Co from bankruptcy and the restructuring
of the company after a...
Read more
BRIEF-Owens Corning says co and certain units entered into amended credit agreement
* Owens Corning says co and certain units entered into
amended and restated credit agreement
Read more
amended and restated credit agreement
Read more
UPDATE 1-U.S. TIPS breakeven rates rise with oil prices
NEW YORK, April 22 (Reuters) - The U.S. bond market's gauges
on investors' inflation expectations rose on Friday as oil
futures were on track for a third weeks of gains amid reduced
pessimism over a...
Read more
on investors' inflation expectations rose on Friday as oil
futures were on track for a third weeks of gains amid reduced
pessimism over a...
Read more
Mozambique comes clean on $1.35 bln of debt - IMF source
JOHANNESBURG, April 22 (Reuters) - Mozambique has given the
International Monetary Fund (IMF) an "avalanche of documents"
and come clean on as much as $1.35 billion of undeclared
sovereign debt but...
Read more
International Monetary Fund (IMF) an "avalanche of documents"
and come clean on as much as $1.35 billion of undeclared
sovereign debt but...
Read more
BRIEF-Trecora expects increase in Q1 earnings from Amak following settlement
* Trecora Resources expects increase in first quarter
earnings from Amak following settlement with former Amak mine
contractor
Read more
earnings from Amak following settlement with former Amak mine
contractor
Read more
BRIEF-Aeropostale announces suspension of trading on NYSE common stock to trade on the OTCqx market
* Aeropostale announces suspension of trading on nyse;
common stock to trade on the otcqx market
Read more
common stock to trade on the otcqx market
Read more
Greek yields fall as Eurogroup says looking at debt relief measures
LONDON, April 22 (Reuters) - Greek bond yields fell on
Friday after the head of euro zone finance ministers said the
Eurogroup was looking at a package of debt relief measures for
Athens.
Read more
Friday after the head of euro zone finance ministers said the
Eurogroup was looking at a package of debt relief measures for
Athens.
Read more
Germany's Schaeuble says lenders have made progress on Greece
AMSTERDAM, April 22 (Reuters) - International lenders and
Greece have made progress in their talks on Athens' reform
efforts, but discussions will not be concluded on Friday, German
Finance Minister...
Read more
Greece have made progress in their talks on Athens' reform
efforts, but discussions will not be concluded on Friday, German
Finance Minister...
Read more
Bund yields set for one of the biggest weekly rises in 2016
LONDON, April 22 (Reuters) - German Bund yields stabilised
on Friday but were still on course for one of their biggest
weekly gains since December last year after a rebound in oil
prices and a...
Read more
on Friday but were still on course for one of their biggest
weekly gains since December last year after a rebound in oil
prices and a...
Read more
Thursday, April 21, 2016
UPDATE 4-Strong quake hits disaster-stricken Ecuador
SAN JACINTO/COJIMIES, Ecuador, April 21 (Reuters) - A
powerful earthquake measuring 6.0 magnitude struck off Ecuador's
disaster-stricken coast on Thursday, as survivors of an earlier
deadly quake...
Read more
powerful earthquake measuring 6.0 magnitude struck off Ecuador's
disaster-stricken coast on Thursday, as survivors of an earlier
deadly quake...
Read more
PRESS DIGEST- New York Times business news - April 22
April 22 (Reuters) - The following are the top stories on
the New York Times business pages. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
the New York Times business pages. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
JGBs dip as safe-haven bids recede, Nikkei rise dims bonds' appeal
TOKYO, April 22 (Reuters) - Japanese government bond prices
dipped on Friday as safe-haven bids continued to recede as
investor risk appetite improved globally.
Read more
dipped on Friday as safe-haven bids continued to recede as
investor risk appetite improved globally.
Read more
Bankrupt SunEdison to keep India expansion plans -Asia head
MUMBAI, April 22 (Reuters) - U.S. renewable energy company
SunEdison Inc expects to finalise within two months
partners for around 1.7 gigawatts of planned projects in India,
its Asia head told...
Read more
SunEdison Inc expects to finalise within two months
partners for around 1.7 gigawatts of planned projects in India,
its Asia head told...
Read more
BRIEF-Moody's assigns AAA to Palo Alto USD, CA's GO bonds, series 2016
* Moody's assigns aaa to palo alto usd, ca's go bonds,
series 2016
Source text for Eikon:
Further company coverage: [ ]
Read more
series 2016
Source text for Eikon:
Further company coverage: [ ]
Read more
Argentina confident after first bond in 15 years
NEW YORK, April 21 (IFR) - In raising US$16.5bn in the
largest emerging markets bond ever, Argentina finally ended its
long-running legal battle with creditors and sloughed off its
status as market...
Read more
largest emerging markets bond ever, Argentina finally ended its
long-running legal battle with creditors and sloughed off its
status as market...
Read more
Lipper fund flows: IG US$1.355bn inflow, HY US$409.9m inflow
NEW YORK, April 21 (IFR) - For the week ended April 20,
Lipper US Fund Flows reported the following:
Read more
Lipper US Fund Flows reported the following:
Read more
Visa's quarterly profit rises 10 pct, amends Visa Europe deal
April 18 (Reuters) - Visa Inc, the world's largest
payments network operator, said it amended its deal to buy
former subsidiary Visa Europe to eliminate the earn-out portion.
Read more
payments network operator, said it amended its deal to buy
former subsidiary Visa Europe to eliminate the earn-out portion.
Read more
SunEdison seeks examiner to probe recent transactions
April 21 (Reuters) - SunEdison Inc asked a U.S.
bankruptcy judge on Thursday to appoint an independent examiner
to review recent transactions, although the company said it is
not aware of any...
Read more
bankruptcy judge on Thursday to appoint an independent examiner
to review recent transactions, although the company said it is
not aware of any...
Read more
Global cross-border bank activity falls further in Q4 -BIS
April 21 (Reuters) - Cross-border bank lending around the
world was down sharply in the fourth quarter and was more widely
spread than in previous quarters, the Bank for International
Settlements...
Read more
world was down sharply in the fourth quarter and was more widely
spread than in previous quarters, the Bank for International
Settlements...
Read more
U.S. Treasury to sell $15 bln in floating rate notes
WASHINGTON, April 21 (Reuters) - For details of the U.S.
Treasury's auction next week of 2-year floating rate notes, see:
Read more
Treasury's auction next week of 2-year floating rate notes, see:
Read more
U.S. Treasury to sell $88 bln in notes
WASHINGTON, April 21 (Reuters) - For details of the U.S.
Treasury's auction of 2-year, 5-year and 7-year notes next week,
see:
Read more
Treasury's auction of 2-year, 5-year and 7-year notes next week,
see:
Read more
Greece, EU/IMF lenders make progress but still no deal
ATHENS, April 21 (Reuters) - Greece and its international
lenders made progress in negotiations on economic reforms, a
Greek government official said on Thursday, but a final
accord needed to...
Read more
lenders made progress in negotiations on economic reforms, a
Greek government official said on Thursday, but a final
accord needed to...
Read more
UPDATE 2-SunEdison files for Chapter 11 bankruptcy protection
April 21 (Reuters) - U.S. solar energy company SunEdison Inc
filed for Chapter 11 bankruptcy protection on Thursday,
becoming one of the largest non-financial companies to do so in
the past 10 years.
Read more
filed for Chapter 11 bankruptcy protection on Thursday,
becoming one of the largest non-financial companies to do so in
the past 10 years.
Read more
UPDATE 1-Greece's 2015 primary surplus beats target, but already discounted
BRUSSELS, April 21 (Reuters) - Greece had a primary surplus
last year that beat the target set in its bailout programme,
according to the European Commission, but euro zone officials
said the number...
Read more
last year that beat the target set in its bailout programme,
according to the European Commission, but euro zone officials
said the number...
Read more
REFILE-GLOBAL MARKETS-World stocks gain along with oil, clock ticks down to ECB
LONDON, April 21 (Reuters) - World stock markets reached
their highest level in almost five months on Thursday as higher
oil prices improved risk appetite and the euro steadied before a
European...
Read more
their highest level in almost five months on Thursday as higher
oil prices improved risk appetite and the euro steadied before a
European...
Read more
UPDATE 1-Spanish, Portuguese 2015 budget deficits badly miss EU targets
* Without Banif recap, Lisbon deficit at 2.8 pct/GDP
(adds data on Portugal deficit with Banif recap)
Read more
(adds data on Portugal deficit with Banif recap)
Read more
Greece's 2015 primary surplus beats bailout target
BRUSSELS, April 21 (Reuters) - Greece had a primary budget
surplus before debt service last year, beating the target set in
its bailout programme, the European Commission said on Thursday
after the...
Read more
surplus before debt service last year, beating the target set in
its bailout programme, the European Commission said on Thursday
after the...
Read more
BRIEF-Iron Mountain says entered into agreement for bridge loan facility of up to $850 mln
* Entered into commitment letter providing for unsecured
bridge term loan facility of up to $850 million to finance
recall deal
Read more
bridge term loan facility of up to $850 million to finance
recall deal
Read more
JGBs edge down despite solid 20-year auction
TOKYO, April 21 (Reuters) - Japanese government bonds mostly
edged down on Thursday, as firm demand at a 20-year auction
failed to offset waning risk aversion and rallying equities.
Read more
edged down on Thursday, as firm demand at a 20-year auction
failed to offset waning risk aversion and rallying equities.
Read more
Wednesday, April 20, 2016
Kansas governor eyes tobacco bonds for budget fix
April 20 (Reuters) - Kansas Governor Sam Brownback offered
options on Wednesday for dealing with sinking revenue for the
state's current and next budgets, including the sale of tobacco
bonds.
Read more
options on Wednesday for dealing with sinking revenue for the
state's current and next budgets, including the sale of tobacco
bonds.
Read more
UPDATE 2-Canada might need more than 3 years to recover from oil slump - BoC
OTTAWA, April 20 (Reuters) - It could take Canada more than
three years to recover from a shock caused by low oil prices,
Bank of Canada Governor Stephen Poloz said on Wednesday, citing
persistently...
Read more
three years to recover from a shock caused by low oil prices,
Bank of Canada Governor Stephen Poloz said on Wednesday, citing
persistently...
Read more
BRIEF-Lendingclub says updating loss forecasts, increasing interest rates
* From april 20, updating loss forecasts, increasing
interest rates by weighted average total of 23 bps, concentrated
in grades d-g
Source text [ID:http://1.usa.gov/26fDjtQ]
Further company...
Read more
interest rates by weighted average total of 23 bps, concentrated
in grades d-g
Source text [ID:http://1.usa.gov/26fDjtQ]
Further company...
Read more
UPDATE 3-At least 8 dead in Houston-area floods, more rain falls
HOUSTON, April 20 (Reuters) - At least eight people have
died and some 1,150 homes have been damaged in flooding
triggered by torrential downpours in the Houston area this week
as more rain fell in...
Read more
died and some 1,150 homes have been damaged in flooding
triggered by torrential downpours in the Houston area this week
as more rain fell in...
Read more
EMERGING MARKETS-Most Latam currencies steady as oil prices rise
(Updates prices)
By Bruno Federowski
SAO PAULO, April 20 (Reuters) - Most Latin American
currencies steadied on Wednesday after oil prices turned
positive following a smaller-than-expected...
Read more
By Bruno Federowski
SAO PAULO, April 20 (Reuters) - Most Latin American
currencies steadied on Wednesday after oil prices turned
positive following a smaller-than-expected...
Read more
FOREX-Dollar gains against euro ahead of ECB meeting
NEW YORK, April 20 (Reuters) - The U.S. dollar rose against
the euro on Wednesday on fears that comments from the European
Central Bank on Thursday could hurt the European currency, while
some...
Read more
the euro on Wednesday on fears that comments from the European
Central Bank on Thursday could hurt the European currency, while
some...
Read more
Conforama increases Darty offer to 138 pence per share
April 20 (Reuters) - Conforama has increased its cash offer
for shares in electronics retailer Darty Plc it does
not already own to 138 pence per share, Conforama's parent
company said on Wednesday.
Read more
for shares in electronics retailer Darty Plc it does
not already own to 138 pence per share, Conforama's parent
company said on Wednesday.
Read more
WRAPUP 2-U.S. home sales rebound signals strong spring selling season
WASHINGTON, April 20 (Reuters) - U.S. home resales rebounded
more than expected in March as supply improved, suggesting the
housing market recovery remained intact despite signs that
economic growth...
Read more
more than expected in March as supply improved, suggesting the
housing market recovery remained intact despite signs that
economic growth...
Read more
Mozambique assured all financing disclosed to IMF - source close to Russia's VTB
MOSCOW, April 20 (Reuters) - A source closed to Russia's
second-largest bank VTB said on Wednesday that the
bank was assured by Mozambique's finance ministry that all its
financing were disclosed to...
Read more
second-largest bank VTB said on Wednesday that the
bank was assured by Mozambique's finance ministry that all its
financing were disclosed to...
Read more
UPDATE 1-Russia urges fiscal discipline, tough task ahead
MOSCOW, April 20 (Reuters) - Russia should maintain fiscal
discipline by sticking to a budget deficit of 3 percent of gross
domestic product this year, despite a further cut in projected
oil...
Read more
discipline by sticking to a budget deficit of 3 percent of gross
domestic product this year, despite a further cut in projected
oil...
Read more
GLOBAL MARKETS-Oil edges up after stockpile data; dollar up vs euro
* Dollar up against euro ahead of ECB meeting
(Updates with U.S. market openings, changes dateline, previous
LONDON)
Read more
(Updates with U.S. market openings, changes dateline, previous
LONDON)
Read more
Brazil set to cut spending further if budget goal isn't changed- minister
BRASILIA, April 20 (Reuters) - Brazil's government will
probably have to cut spending further if Congress does not
change this year's budget target because of low tax revenues,
Finance Minister...
Read more
probably have to cut spending further if Congress does not
change this year's budget target because of low tax revenues,
Finance Minister...
Read more
UPDATE 1-At least 8 killed in Houston floods, 1,150 homes damaged
HOUSTON, April 20 (Reuters) - At least eight people have
been killed and some 1,150 residences damaged by floods in
Houston this week that caused high water to spill on to roads
and into scores of...
Read more
been killed and some 1,150 residences damaged by floods in
Houston this week that caused high water to spill on to roads
and into scores of...
Read more
TREASURIES-Bonds steady as oil, stock rallies pause
* Yields steady as oil, stock rallies stall
* Fed meeting next week in focus
By Karen Brettell
NEW YORK, April 20 (Reuters) - U.S. Treasuries were steady
on Wednesday as the oil and...
Read more
* Fed meeting next week in focus
By Karen Brettell
NEW YORK, April 20 (Reuters) - U.S. Treasuries were steady
on Wednesday as the oil and...
Read more
Five ex-Madoff employees lose U.S. appeal of convictions
NEW YORK, April 20 (Reuters) - A U.S. appeals court on
Wednesday upheld the convictions of five former employees of
Bernard Madoff's firm who prosecutors said helped their boss
conceal his...
Read more
Wednesday upheld the convictions of five former employees of
Bernard Madoff's firm who prosecutors said helped their boss
conceal his...
Read more
UPDATE 3-Turkey's new central bank chief trims top end of rates corridor at debut meeting
ISTANBUL, April 20 (Reuters) - Turkey's Murat Cetinkaya
kicked off his first meeting as central bank chief on Wednesday
by trimming the top end of the bank's interest rate corridor by
50 basis points...
Read more
kicked off his first meeting as central bank chief on Wednesday
by trimming the top end of the bank's interest rate corridor by
50 basis points...
Read more
Bund yield dips as oil price falls, 10-year auction goes well
LONDON, April 20 (Reuters) - German bond yields dipped on
Wednesday as oil prices fell after Kuwaiti oil workers ended a
strike and a sale of 10-year debt went smoothly.
Read more
Wednesday as oil prices fell after Kuwaiti oil workers ended a
strike and a sale of 10-year debt went smoothly.
Read more
CORRECTED-UPDATE 1-Turkey's new cenbank chief trims top end of rates corridor at debut meeting
ANKARA, April 20 (Reuters) - Turkey's Murat Cetinkaya kicked
off his first meeting as central bank chief on Wednesday by
trimming the top end of the bank's interest rate corridor by 50
basis points,...
Read more
off his first meeting as central bank chief on Wednesday by
trimming the top end of the bank's interest rate corridor by 50
basis points,...
Read more
Benchmark for 2016 budget will be 3 pct deficit at $40/bbl oil price - Russian finance minister
MOSCOW, April 20 (Reuters) - The key benchmark for Russia's
budget this year will be a deficit of 3 percent of gross
domestic product assuming an average oil price of $40 per
barrel, Finance Minister...
Read more
budget this year will be a deficit of 3 percent of gross
domestic product assuming an average oil price of $40 per
barrel, Finance Minister...
Read more
Germany's Gabriel says ECB policy has hit its limits
BERLIN, April 20 (Reuters) - German Economy Minister Sigmar
Gabriel said on Wednesday the European Central Bank's policy of
printing money and cutting interest rates to revive euro zone
growth has...
Read more
Gabriel said on Wednesday the European Central Bank's policy of
printing money and cutting interest rates to revive euro zone
growth has...
Read more
Sterling slips after UK unemployment rises first time since mid-2015
LONDON, April 20 (Reuters) - Sterling fell on Wednesday and
gilt futures briefly rose to the day's highs after data showed
the number of unemployed in Britain rising while wage growth
fell short of...
Read more
gilt futures briefly rose to the day's highs after data showed
the number of unemployed in Britain rising while wage growth
fell short of...
Read more
EMERGING MARKETS-Emerging stocks ease off 5-1/2-mth high on China tumble, weaker oil
LONDON, April 20 (Reuters) - Emerging stocks retreated from
5-1/2 month highs on Wednesday, after a fresh oil price tumble
and a slide in mainland Chinese shares.
Read more
5-1/2 month highs on Wednesday, after a fresh oil price tumble
and a slide in mainland Chinese shares.
Read more
GLOBAL MARKETS-Oil price's decline weighs on global stock markets
LONDON, April 20 (Reuters) - Stocks fell around the world on
Wednesday as the price of crude declined after a strike by
Kuwaiti oil workers ended.
Read more
Wednesday as the price of crude declined after a strike by
Kuwaiti oil workers ended.
Read more
Catastrophe bond issuance hits record $2 bln in Q1 - report
LONDON, April 20 (Reuters) - Catastrophe bond issuance rose
35 percent in the first quarter to a record $2 billion,
insurance broker and consultancy Willis Towers Watson said on
Wednesday, as...
Read more
35 percent in the first quarter to a record $2 billion,
insurance broker and consultancy Willis Towers Watson said on
Wednesday, as...
Read more
Tuesday, April 19, 2016
Houston schools to reopen Wednesday but flood warnings not yet lifted
April 20 (Reuters) - Houston schools will reopen on
Wednesday after heavy rains and flooding killed at least six
people and forced the cancellation of classes for two days in
the country's fourth...
Read more
Wednesday after heavy rains and flooding killed at least six
people and forced the cancellation of classes for two days in
the country's fourth...
Read more
Vimpelcom plans to issue eurobonds worth up to $1.2 bln, source says
MOSCOW, April 20 (Reuters) - Amsterdam-based mobile phone
operator Vimpelcom plans to issue two tranches of 4-year
and 7-year eurobonds worth up to $1.2 billion, a banking source
told Reuters on...
Read more
operator Vimpelcom plans to issue two tranches of 4-year
and 7-year eurobonds worth up to $1.2 billion, a banking source
told Reuters on...
Read more
Criminal charges coming on Wednesday over Flint water - report
April 19 (Reuters) - Michigan's attorney general will
announce criminal charges on Wednesday connected to his
investigation into dangerous levels of lead in Flint's drinking
water, the Detroit Free...
Read more
announce criminal charges on Wednesday connected to his
investigation into dangerous levels of lead in Flint's drinking
water, the Detroit Free...
Read more
GLOBAL MARKETS-Asia shares touch 6-mth top, dollar on defensive
SYDNEY, April 20 (Reuters) - Asian shares reached six-month
peaks on Wednesday as a falling U.S. dollar and fading concerns
about China lifted commodity prices and risk appetite generally.
Read more
peaks on Wednesday as a falling U.S. dollar and fading concerns
about China lifted commodity prices and risk appetite generally.
Read more
UPDATE 1-EMERGING MARKETS-Latam stocks, currencies up as crude recovers
(Updates with final prices)
By Bruno Federowski
SAO PAULO, April 19 (Reuters) - Latin American stocks and
currencies rose on Tuesday as a recovery in oil prices boosted
investor sentiment and...
Read more
By Bruno Federowski
SAO PAULO, April 19 (Reuters) - Latin American stocks and
currencies rose on Tuesday as a recovery in oil prices boosted
investor sentiment and...
Read more
Insurers see best returns from private equity in next 12 months -survey
LONDON, April 20 (Reuters) - Global insurers expect private
equity to produce the highest returns in the next year and a
quarter plan to increase allocations to the asset class, a
Goldman Sachs Asset...
Read more
equity to produce the highest returns in the next year and a
quarter plan to increase allocations to the asset class, a
Goldman Sachs Asset...
Read more
UPDATE 3-Argentina returns to global debt markets after 15-years
BUENOS AIRES, April 19 (Reuters) - Marking a rare bright
spot among gloomy emerging markets, Argentina sold $16.5 billion
of sovereign debt on Tuesday in its first international bond
issue since its...
Read more
spot among gloomy emerging markets, Argentina sold $16.5 billion
of sovereign debt on Tuesday in its first international bond
issue since its...
Read more
BRIEF-S&P assigns Jersey City, NJ 2016 GO bonds 'AA-' rating
* 'AA-' rating reflects our assessment of the city's strong
management and budgetary flexibility
Source text - http://bit.ly/1VAzlsy
Read more
management and budgetary flexibility
Source text - http://bit.ly/1VAzlsy
Read more
BRIEF-Inca One Gold announces debt restructuring
* Inca One Gold Corp announces debt restructuring and
USD$3.0 million convertible debenture offering
Read more
USD$3.0 million convertible debenture offering
Read more
LATAM CLOSE-Argentina prices historic US$16.5bn 4-part bond
NEW YORK, April 19 (IFR) - Below is a recap of primary issuance activity in
the LatAm market on Tuesday:
Read more
the LatAm market on Tuesday:
Read more
New Jersey judge to oversee Atlantic City finances in state spat
April 19 (Reuters) - A New Jersey judge said on Tuesday that
he will oversee the finances of cash-strapped Atlantic City to
ensure it pays $25 million it owes the local school district for
the rest...
Read more
he will oversee the finances of cash-strapped Atlantic City to
ensure it pays $25 million it owes the local school district for
the rest...
Read more
GLOBAL MARKETS-Oil gains on Kuwait strike; global shares highest since Dec
NEW YORK, April 19 (Reuters) - Oil prices rose on Tuesday
following a workers' strike in Kuwait, while a global stock
index hit its highest level since early December as signs of
economic...
Read more
following a workers' strike in Kuwait, while a global stock
index hit its highest level since early December as signs of
economic...
Read more
BRIEF-Firan Technology Group signs LOI to buy an aeronautics equipment manufacturing unit
* Firan Technology Group Corporation announces C$6 mln
bought deal private placement offering in support of a planned
acquisition
Read more
bought deal private placement offering in support of a planned
acquisition
Read more
UPDATE 1-Brazil's Rouseff slams impeachment drive as 'sexist'
BRASILIA, April 19 (Reuters) - Brazil's President Dilma
Rousseff said on Tuesday she has been singled out for
impeachment partly because she is a woman in a drive that is
fueling hatred and...
Read more
Rousseff said on Tuesday she has been singled out for
impeachment partly because she is a woman in a drive that is
fueling hatred and...
Read more
Hungary's Orban, Germany's Kohl say EU ability to absorb migrants limited
OGGERSHEIM, Germany, April 19 (Reuters) - Hungarian Prime
Minister Viktor Orban, a fierce critic of German Chancellor
Angela Merkel's open-door refugee policy, and her ex-mentor
Helmut Kohl agreed on...
Read more
Minister Viktor Orban, a fierce critic of German Chancellor
Angela Merkel's open-door refugee policy, and her ex-mentor
Helmut Kohl agreed on...
Read more
EMERGING MARKETS-Latam stocks, currencies up as crude recovers
By Bruno Federowski
SAO PAULO, April 19 (Reuters) - Latin American stocks and
currencies rose on Tuesday as a recovery in oil prices boosted
investor sentiment and fostered demand for risky...
Read more
SAO PAULO, April 19 (Reuters) - Latin American stocks and
currencies rose on Tuesday as a recovery in oil prices boosted
investor sentiment and fostered demand for risky...
Read more
Bank of Canada's Poloz: recent economic data encouraging but variable
OTTAWA, April 19 (Reuters) - Recent economic data in Canada
have been encouraging on balance but also quite variable, Bank
of Canada Governor Stephen Poloz told the House of Commons
finance committee...
Read more
have been encouraging on balance but also quite variable, Bank
of Canada Governor Stephen Poloz told the House of Commons
finance committee...
Read more
UPDATE 2-Argentina puts default behind it with new sovereign bond
BUENOS AIRES, April 19 (Reuters) - Argentina burst back onto
the global financial stage on Tuesday with its first sovereign
bond offer since the country's 2002 default, hoping to pave the
way for new...
Read more
the global financial stage on Tuesday with its first sovereign
bond offer since the country's 2002 default, hoping to pave the
way for new...
Read more
Bank of England's Carney: Brexit risks already weighing on economy
LONDON, April 19 (Reuters) - Bank of England Governor Mark
Carney said on Tuesday that uncertainty about the outcome of
Britain's European Union membership referendum already appeared
to be weighing...
Read more
Carney said on Tuesday that uncertainty about the outcome of
Britain's European Union membership referendum already appeared
to be weighing...
Read more
UPDATE 1-Bank of England's Carney hits backs at critics over EU comments
LONDON, April 19 (Reuters) - Bank of England Governor Mark
Carney hit back at critics who have accused him of venturing
into politics when assessing the economic impact of a British
vote to leave the...
Read more
Carney hit back at critics who have accused him of venturing
into politics when assessing the economic impact of a British
vote to leave the...
Read more
Argentina sees monthly inflation near 1 pct by year-end
BUENOS AIRES, April 19 (Reuters) - Monthly inflation rates
in Argentina that surged above 3 percent early this year
according to regional figures should fall to just over 1 percent
by the end of the...
Read more
in Argentina that surged above 3 percent early this year
according to regional figures should fall to just over 1 percent
by the end of the...
Read more
Political, business leaders size up stability risks from fintech growth
WASHINGTON, April 19 (Reuters) - New companies and
established banks are spreading the use of financial technology,
commonly known as "fintech," around the world, raising questions
about how...
Read more
established banks are spreading the use of financial technology,
commonly known as "fintech," around the world, raising questions
about how...
Read more
Brazil's Barbosa says states' debt dispute could fuel uncertainty
BRASILIA, April 19 (Reuters) - A debt dispute between
Brazil's federal government and states could cause great
uncertainty by creating a legal precedent for all savers to
sharply reduce interest...
Read more
Brazil's federal government and states could cause great
uncertainty by creating a legal precedent for all savers to
sharply reduce interest...
Read more
BRIEF-OTOY Inc - Home Box Office, Discovery Communications took equity stake in co
* Home box office inc, discovery communications took equity
stake in co
Source text for Eikon:
Further company coverage: [ ]
(Bengaluru Newsroom: +1 646 223 8780)
Read more
stake in co
Source text for Eikon:
Further company coverage: [ ]
(Bengaluru Newsroom: +1 646 223 8780)
Read more
UPDATE 1-Polaris to recall 133,000 recreational all-terrain vehicles
April 19 (Reuters) - Polaris Industries Inc will
recall about 133,000 recreational all-terrain vehicles in the
United States as they pose a fire risk.
Read more
recall about 133,000 recreational all-terrain vehicles in the
United States as they pose a fire risk.
Read more
COLUMN-China's credit-fueled growth gives reason to doubt market recovery: James Saft
April 19 (Reuters) - A look at China's debt-fueled growth
figures shows we should be a lot less confident about the rest
of the global economy and financial markets.
Read more
figures shows we should be a lot less confident about the rest
of the global economy and financial markets.
Read more
BRIEF-Denbury announces borrowing base redetermination and amendment to credit facility
* Denbury announces borrowing base redetermination and
amendment to credit facility; provides update on commodity hedge
positions
Read more
amendment to credit facility; provides update on commodity hedge
positions
Read more
UPDATE 2-Spain targets slower deficit cut to preserve growth
* ECB, EU warn Spain has relaxed efforts on deficit
(Adds comments from acting economy minister, ECB)
Read more
(Adds comments from acting economy minister, ECB)
Read more
EU Commission is not consistent in applying fiscal rules - auditors
BRUSSELS, April 19 (Reuters) - The European Commission is
not consistent in applying fiscal rules requiring European Union
states to keep budgets under control, EU auditors said on
Tuesday.
Read more
not consistent in applying fiscal rules requiring European Union
states to keep budgets under control, EU auditors said on
Tuesday.
Read more
EMERGING MARKETS-Emerging markets resume rally as oil rises; stocks at 5-1/2 mth highs
By Karin Strohecker
LONDON, April 19 (Reuters) - Emerging market assets resumed
their recent rally on Tuesday as oil prices recovered, with
stocks at 5-1/2 month highs and currencies...
Read more
LONDON, April 19 (Reuters) - Emerging market assets resumed
their recent rally on Tuesday as oil prices recovered, with
stocks at 5-1/2 month highs and currencies...
Read more
JGBs gain; 20, 30-year yield hits record low
TOKYO, April 19 (Reuters) - Japanese government bond prices
held firm after an auction of five-year JGBs attracted solid
demand on Tuesday, amid expectations that the Bank of Japan
could ease its...
Read more
held firm after an auction of five-year JGBs attracted solid
demand on Tuesday, amid expectations that the Bank of Japan
could ease its...
Read more
Surprise Italian bond sale drives up peripheral yields
LONDON, April 19 (Reuters) - Low-rated euro zone bond yields
rose on Tuesday as investors made room in their portfolios for
an unexpected Italian bond sale and increasing chances of an
election...
Read more
rose on Tuesday as investors made room in their portfolios for
an unexpected Italian bond sale and increasing chances of an
election...
Read more
Russian c.bank governor says ready to cut rates if inflationary risks don't materialise - TV
MOSCOW, April 19 (Reuters) - The Russian central bank will
be able to start cutting interest rates again if inflationary
risks don't materialise, the bank's governor Elvira Nabiullina
said in a TV...
Read more
be able to start cutting interest rates again if inflationary
risks don't materialise, the bank's governor Elvira Nabiullina
said in a TV...
Read more
Michigan community bank plans US-domiciled Islamic bonds
SYDNEY, April 19 (Reuters) - Michigan-based University Bank,
a unit of University Bancorp, is planning a debut sale
of Islamic bonds (sukuk), a rare sharia-compliant deal in the
United States,...
Read more
a unit of University Bancorp, is planning a debut sale
of Islamic bonds (sukuk), a rare sharia-compliant deal in the
United States,...
Read more
Monday, April 18, 2016
DEALTALK-Debt-laden Valeant faces tough choices in asset sales
NEW YORK, April 19 (Reuters) - As Valeant Pharmaceuticals
considers a multibillion-dollar auction to pare down $30 billion
in debt, its challenge will be choosing which assets to sell
without...
Read more
considers a multibillion-dollar auction to pare down $30 billion
in debt, its challenge will be choosing which assets to sell
without...
Read more
UPDATE 3-U.S. regulators concerned about leverage in large hedge funds
WASHINGTON/BOSTON, April 18 (Reuters) - The heads of the
major U.S. financial regulatory agencies on Monday raised
concerns about a concentration of leverage in large hedge funds
and called for a...
Read more
major U.S. financial regulatory agencies on Monday raised
concerns about a concentration of leverage in large hedge funds
and called for a...
Read more
COLUMN-China's credit-fueled growth gives reason to doubt market recovery: James Saft
April 19 (Reuters) - A look at China's debt-fueled growth
figures shows we should be a lot less confident about the rest
of the global economy and financial markets.
Read more
figures shows we should be a lot less confident about the rest
of the global economy and financial markets.
Read more
Ecuador to receive $2 bln from China Development Bank for investment
QUITO, April 18 (Reuters) - Ecuador signed off on Monday on
a credit line for $2 billion from the China Development Bank
(CDB) to finance public investment, the Finance Ministry in the
quake-hit...
Read more
a credit line for $2 billion from the China Development Bank
(CDB) to finance public investment, the Finance Ministry in the
quake-hit...
Read more
U.S. doing well on inflation, employment -Fed's Rosengren
NEW BRITAIN, Conn., April 18 (Reuters) - The U.S. economy is
outperforming many peers on spurring some inflation and pushing
unemployment down, in part due to aggressive Federal Reserve
accommodation...
Read more
outperforming many peers on spurring some inflation and pushing
unemployment down, in part due to aggressive Federal Reserve
accommodation...
Read more
CalPERS to study possible reinvestment in tobacco
SACRAMENTO, Calif., April 18 (Reuters) - The California
Public Employees' Retirement System decided on Monday to review
the potential impact of reinvesting in tobacco, 16 years after
the pension fund...
Read more
Public Employees' Retirement System decided on Monday to review
the potential impact of reinvesting in tobacco, 16 years after
the pension fund...
Read more
NY judge clears Pimco to pursue California lawsuit against AIG
April 18 (Reuters) - A federal judge on Monday cleared the
way for Pacific Investment Management Co to pursue a California
lawsuit accusing American International Group Inc of
causing big losses by...
Read more
way for Pacific Investment Management Co to pursue a California
lawsuit accusing American International Group Inc of
causing big losses by...
Read more
RPT-Arrium administrator and Morgan Stanley agree to work on $75 mln debt
SYDNEY, April 18 (Reuters) - The administrator for troubled
Australian steel and iron ore group Arrium Ltd said it
had agreed to work toward a "constructive" outcome with Morgan
Stanley after the...
Read more
Australian steel and iron ore group Arrium Ltd said it
had agreed to work toward a "constructive" outcome with Morgan
Stanley after the...
Read more
Wells Fargo becomes newest primary dealer
April 18 (Reuters) - Wells Fargo Securities, the investment
banking arm of Wells Fargo & Co, has been added to the
roster of primary dealers that trade directly with the New York
branch of the...
Read more
banking arm of Wells Fargo & Co, has been added to the
roster of primary dealers that trade directly with the New York
branch of the...
Read more
LATAM CLOSE-Argentina's massive bond set to price Tuesday
* Argentina bond gets over US$65bn book
* Brazil credit risk drops on impeachment vote
* Brazil CSN sues over Usiminas capital plan - sources
By Mike Gambale
NEW YORK, April 18 (IFR)...
Read more
* Brazil credit risk drops on impeachment vote
* Brazil CSN sues over Usiminas capital plan - sources
By Mike Gambale
NEW YORK, April 18 (IFR)...
Read more
CANADA FX DEBT-C$ recovers ground after oil output freeze deal fails
(Adds currency trader comment, updates prices to close)
* Canadian dollar settles at C$1.2797, or 78.14 U.S. cents
* Loonie touched weakest since April 11 before recovering
* Bond prices...
Read more
* Canadian dollar settles at C$1.2797, or 78.14 U.S. cents
* Loonie touched weakest since April 11 before recovering
* Bond prices...
Read more
Trading start-up files antitrust lawsuit in New York
NEW YORK, April 18 (IFR) - Derivatives trading start-up
TeraExchange filed an antitrust lawsuit Monday alleging that
some of the biggest banks in the world conspired to block
customers from using its...
Read more
TeraExchange filed an antitrust lawsuit Monday alleging that
some of the biggest banks in the world conspired to block
customers from using its...
Read more
UBS blamed in U.S. trial for $2.1 billion in mortgage bond losses
NEW YORK, April 18 (Reuters) - UBS AG went to trial
on Monday over $2.1 billion in losses that investors incurred on
mortgage-backed securities after the collapse of the U.S.
housing market.
Read more
on Monday over $2.1 billion in losses that investors incurred on
mortgage-backed securities after the collapse of the U.S.
housing market.
Read more
BRIEF-Encanto announces extension of share purchase warrants
* 18.4 million warrants to expire on May 4, 2016, have been
extended by 2 years having new expiry date of May 4 , 2018
Read more
extended by 2 years having new expiry date of May 4 , 2018
Read more
Russia wants no more delay in Ukraine Eurobond case
MOSCOW/LONDON, April 18 (Reuters) - Ukraine has asked for
more time to file a defence in its legal stand-off in a London
court over a $3 billion bond held by Russia, but Moscow does not
want another...
Read more
more time to file a defence in its legal stand-off in a London
court over a $3 billion bond held by Russia, but Moscow does not
want another...
Read more
EMERGING MARKETS-Brazil's real falls as impeachment vote triggers profit-taking
By Bruno Federowski
SAO PAULO, April 18 (Reuters) - Brazil's currency fell on
Monday as investors took profits following a much-expected lower
house vote to oust President Dilma Rousseff.
...
Read more
SAO PAULO, April 18 (Reuters) - Brazil's currency fell on
Monday as investors took profits following a much-expected lower
house vote to oust President Dilma Rousseff.
...
Read more
UPDATE 1-Mechel signs debt restructuring deal with Sberbank
MOSCOW, April 18 (Reuters) - Russian coal and steel producer
Mechel said on Monday it had agreed a debt
restructuring deal with the country's biggest bank Sberbank
totalling 30 billion roubles ($446...
Read more
Mechel said on Monday it had agreed a debt
restructuring deal with the country's biggest bank Sberbank
totalling 30 billion roubles ($446...
Read more
UPDATE 1-Floods in Texas cause flight cancellations, power outages
AUSTIN, Texas, April 18 (Reuters) - Large parts of Texas
were under a flash flood warning on Monday after a storm system
dumped as much as 20 inches (51 cm)of rain in areas near
Houston, causing...
Read more
were under a flash flood warning on Monday after a storm system
dumped as much as 20 inches (51 cm)of rain in areas near
Houston, causing...
Read more
Russia's Mechel signs debt restructuring deal with Sberbank
MOSCOW, April 18 (Reuters) - Russia's indebted coal and
steel producer Mechel said on Monday it had signed a debt
restructuring deal with Sberbank, Russia's largest lender,
totalling 30 billion...
Read more
steel producer Mechel said on Monday it had signed a debt
restructuring deal with Sberbank, Russia's largest lender,
totalling 30 billion...
Read more
UPDATE 2-Argentina finally returns to int'l bond market
NEW YORK, April 18 (IFR) - Argentina returned to the
international bond markets for the first time in 15 years on
Monday as it winds down a long-running battle with investors
following its 2001...
Read more
international bond markets for the first time in 15 years on
Monday as it winds down a long-running battle with investors
following its 2001...
Read more
UPDATE 1-Foreigners ramp up purchases of Canadian securities
OTTAWA, April 18 (Reuters) - Foreign investors bought
C$15.94 billion ($12.36 billion) worth of Canadian securities in
February, the most in four months, with most of the money going
into the bond...
Read more
C$15.94 billion ($12.36 billion) worth of Canadian securities in
February, the most in four months, with most of the money going
into the bond...
Read more
UPDATE 1-Congressional vote moves Brazil's Rousseff closer to impeachment
BRASILIA, April 18 (Reuters) - Brazil's leftist President
Dilma Rousseff suffered a humiliating loss when the lower house
of Congress voted to impeach her on Sunday, leaving her almost
certain to be...
Read more
Dilma Rousseff suffered a humiliating loss when the lower house
of Congress voted to impeach her on Sunday, leaving her almost
certain to be...
Read more
CORRECTED-Malaysia's 1MDB says it will meet other obligations amid debt dispute with IPIC
KUALA LUMPUR, April 18 (Reuters) - Malaysian state fund
1Malaysia Development Berhad (1MDB) said on Monday it would meet
all its "other" financial obligations, after an Abu Dhabi
sovereign fund said...
Read more
1Malaysia Development Berhad (1MDB) said on Monday it would meet
all its "other" financial obligations, after an Abu Dhabi
sovereign fund said...
Read more
UPDATE 2-Greek reform talks resume, aim for swift deal -Commission
* Greece says preliminary deal possible this week
(adds comments from Greek govt spokeswoman)
Read more
(adds comments from Greek govt spokeswoman)
Read more
UPDATE 1-China's Hebei signs agreement to buy Serbian steel plant
SMEDEREVO, Serbia, April 18 (Reuters) - China's Hebei Iron &
Steel Group signed a 46 million euro ($52 million)
agreement on Monday to buy a loss-making Serbian steel plant in
the first major...
Read more
Steel Group signed a 46 million euro ($52 million)
agreement on Monday to buy a loss-making Serbian steel plant in
the first major...
Read more
Arrium administrator and Morgan Stanley agree to work on $75 mln debt
SYDNEY, April 18 (Reuters) - The administrator for troubled
Australian steel and iron ore group Arrium Ltd said it
had agreed to work toward a "constructive" outcome with Morgan
Stanley after the...
Read more
Australian steel and iron ore group Arrium Ltd said it
had agreed to work toward a "constructive" outcome with Morgan
Stanley after the...
Read more
Ultra-nationalist resurgence could complicate Serbia's EU path
JAGODINA, Serbia, April 17 (Reuters) - Ultra-nationalists
are set to return to Serbia's parliament in an April 24 election
after an absence of several years, boosted by growing discontent
with Prime...
Read more
are set to return to Serbia's parliament in an April 24 election
after an absence of several years, boosted by growing discontent
with Prime...
Read more
Tumbling oil prices send Bund yields lower
LONDON, April 18 (Reuters) - German Bund yields dipped on
Monday as oil prices plunged following a meeting by major
exporters in Qatar that collapsed without an agreement to freeze
output.
Read more
Monday as oil prices plunged following a meeting by major
exporters in Qatar that collapsed without an agreement to freeze
output.
Read more
UPDATE 1-South Africa c.bank says persistent CPI target breach will require policy response
JOHANNESBURG, April 18 (Reuters) - South Africa's central
bank will tolerate temporary breaches of its inflation target to
smooth out short-term fluctuations in economic growth, but a
persistent...
Read more
bank will tolerate temporary breaches of its inflation target to
smooth out short-term fluctuations in economic growth, but a
persistent...
Read more
INVESTMENT FOCUS-Helicopter money could mean lift off ... for bonds
LONDON, April 15 (Reuters) - Helicopter money - giving
people cash in the hope they'll spend it - is a central bank's
ultimate weapon in the fight to boost economic growth and avoid
deflation. The...
Read more
people cash in the hope they'll spend it - is a central bank's
ultimate weapon in the fight to boost economic growth and avoid
deflation. The...
Read more
Sunday, April 17, 2016
Oman February bank lending growth edges up to 9.1 pct
April 18 (Reuters) - Credit growth at Oman's conventional
banks accelerated to an annual 9.1 percent in February from 8.8
percent in January, central bank data showed.
But M2 money supply growth...
Read more
banks accelerated to an annual 9.1 percent in February from 8.8
percent in January, central bank data showed.
But M2 money supply growth...
Read more
In crushing defeat, Brazil's Rousseff moves close to impeachment
BRASILIA, April 18 (Reuters) - Brazil's leftist President
Dilma Rousseff suffered a humiliating loss in a crucial
impeachment vote in the lower house of Congress on Sunday and is
almost certain to be...
Read more
Dilma Rousseff suffered a humiliating loss in a crucial
impeachment vote in the lower house of Congress on Sunday and is
almost certain to be...
Read more
Brazil markets set to rally after Congress backs impeachment
SAO PAULO, April 17 (Reuters) - Brazil's financial markets
are expected to react with euphoria on Monday after the lower
house of Congress backed impeachment proceedings against
President Dilma...
Read more
are expected to react with euphoria on Monday after the lower
house of Congress backed impeachment proceedings against
President Dilma...
Read more
Brazil's gov't says confident Senate will dismiss impeachment
BRASILIA, April 17 (Reuters) - Brazil's presidential chief
of staff Jaques Wagner said the government is confident the
Senate will dismiss the impeachment of President Dilma Rousseff,
which was...
Read more
of staff Jaques Wagner said the government is confident the
Senate will dismiss the impeachment of President Dilma Rousseff,
which was...
Read more
Brazil credit risk slips as lower house votes for Rousseff ouster
SAO PAULO, April 17 (Reuters) - Brazil's perceived sovereign
risk among investors fell on Sunday, with the cost of insuring
Brazilian bonds for five years falling yet again in the
credit-default...
Read more
risk among investors fell on Sunday, with the cost of insuring
Brazilian bonds for five years falling yet again in the
credit-default...
Read more
GLOBAL MARKETS-Asian shares drop, crude tumbles after Doha deal fails
TOKYO, April 18 (Reuters) - Tumbling crude oil futures
dragged down Asian shares on Monday after producers' weekend
talks failed to agree a plan to curb the global supply glut,
and Tokyo shares...
Read more
dragged down Asian shares on Monday after producers' weekend
talks failed to agree a plan to curb the global supply glut,
and Tokyo shares...
Read more
UPDATE 1-UK economy faces permanent hit with Brexit -Osborne
LONDON, April 17 (Reuters) - British finance minister George
Osborne said a vote to leave the European Union in a referendum
in June would do permanent damage to the country's economy,
which he...
Read more
Osborne said a vote to leave the European Union in a referendum
in June would do permanent damage to the country's economy,
which he...
Read more
UPDATE 5-Brazil lawmakers begin vote crucial to Rousseff political fate
BRASILIA, April 17 (Reuters) - Brazil's lower house of
Congress began voting on Sunday on whether to back the
impeachment of President Dilma Rousseff in a fiercely contested
ballot that could hasten...
Read more
Congress began voting on Sunday on whether to back the
impeachment of President Dilma Rousseff in a fiercely contested
ballot that could hasten...
Read more
UK finance ministry to publish "sober analysis" of Brexit risk
LONDON, April 17 (Reuters) - Britain's finance ministry will
present a "serious, sober analysis" on Monday of the long-term
economic impact if Britain votes to leave the European Union in
a June...
Read more
present a "serious, sober analysis" on Monday of the long-term
economic impact if Britain votes to leave the European Union in
a June...
Read more
73 of Brazil's lower house vote for impeachment after 100 votes
BRASILIA, April 17 (Reuters) - With 100 votes cast, 73
congressmen voted in favor of the impeachment of President Dilma
Rousseff in Brazil's lower house on Sunday and 27 voted against
or abstained.
Read more
congressmen voted in favor of the impeachment of President Dilma
Rousseff in Brazil's lower house on Sunday and 27 voted against
or abstained.
Read more
Ultra-nationalist resurgence could complicate Serbia's EU path
JAGODINA, Serbia, April 17 (Reuters) - Ultra-nationalists
are set to return to Serbia's parliament in an April 24 election
after an absence of several years, boosted by growing discontent
with Prime...
Read more
are set to return to Serbia's parliament in an April 24 election
after an absence of several years, boosted by growing discontent
with Prime...
Read more
Congress to vote on impeaching Rousseff in divided Brazil
BRASILIA, April 17 (Reuters) - Brazil's lower house of
Congress will decide on Sunday whether to recommend impeaching
President Dilma Rousseff on charges of manipulating budgetary
accounts, in a vote...
Read more
Congress will decide on Sunday whether to recommend impeaching
President Dilma Rousseff on charges of manipulating budgetary
accounts, in a vote...
Read more
Saturday, April 16, 2016
UPDATE 2-IMF members urge "growth-friendly" spending, new lending tools
WASHINGTON, April 16 (Reuters) - The International Monetary
Fund's steering committee on Saturday urged member countries to
boost "growth-friendly" spending and said the Fund should
explore new...
Read more
Fund's steering committee on Saturday urged member countries to
boost "growth-friendly" spending and said the Fund should
explore new...
Read more
UPDATE 2-Brazil's Rousseff scrambles for votes to avert impeachment
BRASILIA, April 16 (Reuters) - Brazilian President Dilma
Rousseff held last-minute negotiations with wavering lawmakers
on Saturday in an effort to secure crucial support the day
before an...
Read more
Rousseff held last-minute negotiations with wavering lawmakers
on Saturday in an effort to secure crucial support the day
before an...
Read more
IMF Lagarde: Don't expect immediate outcome in Greek talks next week
WASHINGTON, April 16 (Reuters) - International Monetary Fund
Managing Director Christine Lagarde said on Saturday the fund's
team will return to Athens next week for talks on the Greek debt
crisis...
Read more
Managing Director Christine Lagarde said on Saturday the fund's
team will return to Athens next week for talks on the Greek debt
crisis...
Read more
Brazil's Rousseff scrambles for votes to avert impeachment
BRASILIA, April 16 (Reuters) - Brazilian President Dilma
Rousseff hunkered down at her residence on Saturday for
last-minute negotiations with wavering lawmakers in an effort to
secure crucial...
Read more
Rousseff hunkered down at her residence on Saturday for
last-minute negotiations with wavering lawmakers in an effort to
secure crucial...
Read more
IMF statement calls for "growth-friendly" spending
WASHINGTON, April 16 (Reuters) - The International Monetary
Fund's steering committee on Saturday called on member countries
to boost "growth-friendly" spending and said the Fund should
explore new...
Read more
Fund's steering committee on Saturday called on member countries
to boost "growth-friendly" spending and said the Fund should
explore new...
Read more
BRICS bank okays first loans, $811 mln for green energy -Russian media
MOSCOW, April 16 (Reuters) - The New Development Bank (NDB),
formed by the BRICS group of emerging nations, has approved its
first loans - $811 million for renewable energy projects in
Brazil, China,...
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formed by the BRICS group of emerging nations, has approved its
first loans - $811 million for renewable energy projects in
Brazil, China,...
Read more
Russian FinMin: state firms should continue paying half of profit in divs - agencies
MOSCOW, April 16 (Reuters) - Russian Finance Minister Anton
Siluanov said on Saturday that it should be mandatory for state
companies, without exceptions, to continue spending 50 percent
of their...
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Siluanov said on Saturday that it should be mandatory for state
companies, without exceptions, to continue spending 50 percent
of their...
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Russia may replace Eurobonds with domestic debt - news agencies
MOSCOW, April 16 (Reuters) - Russia could raise debt
domestically if it is not able to sell Eurobonds to foreign
investors, news agencies quoted Finance Minister Anton Siluanov
as saying on Saturday.
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domestically if it is not able to sell Eurobonds to foreign
investors, news agencies quoted Finance Minister Anton Siluanov
as saying on Saturday.
Read more
Friday, April 15, 2016
WRAPUP 4-G20 worried by 'modest' global growth, commodities weakness
WASHINGTON, April 15 (Reuters) - Financial leaders from the
Group of 20 nations said on Friday they were heartened by a
recent recovery in financial markets, but warned that global
growth was "modest...
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Group of 20 nations said on Friday they were heartened by a
recent recovery in financial markets, but warned that global
growth was "modest...
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UPDATE 5-SunEdison to file for bankruptcy as early as Sunday night -source
April 15 (Reuters) - Solar energy company SunEdison Inc
is preparing to file for bankruptcy as early as the
evening of April 17, a person familiar with the matter said on
Friday, nine months after...
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is preparing to file for bankruptcy as early as the
evening of April 17, a person familiar with the matter said on
Friday, nine months after...
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UPDATE 1-Bank of Canada's Poloz more optimistic about global economy
WASHINGTON, April 15 (Reuters) - Bank of Canada Governor
Stephen Poloz said on Friday he was more encouraged about the
state of the global economy after hearing from his G20
colleagues at the spring...
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Stephen Poloz said on Friday he was more encouraged about the
state of the global economy after hearing from his G20
colleagues at the spring...
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Puerto Rico rescue falters under attack by conservatives, investors
WASHINGTON, April 15 (Reuters) - An aggressive advertising
and lobbying campaign by conservative activists and financial
interests this week stalled a plan in the U.S. Congress to
rescue Puerto Rico...
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and lobbying campaign by conservative activists and financial
interests this week stalled a plan in the U.S. Congress to
rescue Puerto Rico...
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GLOBAL MARKETS-Oil down ahead of producer meeting; dollar slips
NEW YORK, April 15 (Reuters) - Crude oil prices fell on
Friday ahead of a weekend meeting that could yield an output
freeze by major producers, while the U.S. dollar and stocks
across the globe edged...
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Friday ahead of a weekend meeting that could yield an output
freeze by major producers, while the U.S. dollar and stocks
across the globe edged...
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UPDATE 3-Mitel to buy Polycom for $1.96 bln following Elliott pressure
* Activist investor Elliott says supports Mitel-Polycom
merger
(Adds background on tax inversions, CEO comment)
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merger
(Adds background on tax inversions, CEO comment)
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UPDATE 1-NJ's Freedom Mortgage to pay $113 mln in U.S. settlement
April 15 (Reuters) - Freedom Mortgage Corp, a New Jersey
lender, agreed to pay $113 million to settle charges it
knowingly misled the U.S. government into insuring hundreds of
risky mortgages,...
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lender, agreed to pay $113 million to settle charges it
knowingly misled the U.S. government into insuring hundreds of
risky mortgages,...
Read more
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