Thursday, June 30, 2016

PRESS DIGEST- New York Times business news - July 1

July 1 (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

JGB yields hit record lows on global economy worries

TOKYO, July 1 (Reuters) - Japanese government bond yields

dropped to record lows on Friday, with concerns about the global

economy in the wake of Brexit supporting sovereign debt

globally.

Read more

Benchmark JGB yield hits record low as global economy worries linger

TOKYO, July 1 (Reuters) - The benchmark 10-year Japanese

government bond yield fell to a record low on Friday as

lingering concerns about the global economy following the Brexit

vote continued to...

Read more

UPDATE 2-S.Korea June exports fall for 18th month, Brexit sows uncertainty

* June exports -2.7 pct y/y (Reuters poll: -8.3 pct, May

exports -6.0 pct)

Read more

Pennsylvania passes spending plan without accounting for revenues

NEW YORK, June 30 (Reuters) - Pennsylvania lawmakers passed

a $31.6 billion spending plan on time on Thursday, a dramatic

turnaround from the political gridlock last year that left

schools starved...

Read more

Chicago Public Schools meets pension payment deadline

CHICAGO, June 30 (Reuters) - The Chicago Public Schools met

a Thursday deadline to complete a $676 million contribution to

its teachers pension system, a school spokeswoman said.

Read more

GLOBAL MARKETS-Asia gains as risk appetite recovers, pound under fresh pressure

* MSCI Asia-Pacific index gains 0.1 pct, Nikkei rises 0.8

pct

Read more

Puerto Rico governor authorizes suspension of public debt payments

SAN JUAN, June 30 (Reuters) - Puerto Rican Governor

Alejandro Garcia Padilla on Thursday issued an executive order

authorizing the suspension of payment on approximately $800

million worth of...

Read more

BRIEF-Pacific Exploration and Production announces restructuring update and CCAA creditors' meeting order

* Announces restructuring update and CCAA creditors' meeting

order

Read more

S&P Global affirms ratings on U.S.

June 30 (Reuters) - S&P Global Ratings on Thursday affirmed

the 'AA plus/A-1 plus' credit ratings and maintained its

'stable' outlook on the United States.

Read more

Brexit vote huge for UK, global markets coping well-Fed's Bullard

LONDON, June 30 (Reuters) - Britain's decision to leave the

European Union at a referendum last week is a "huge issue" for

the country but is not likely to have much impact on the United

States, a...

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Puerto Rico's PREPA says will make full debt payment on Friday

SAN JUAN, June 30 (Reuters) - Puerto Rico's semi-public

power utility, known as PREPA, on Thursday said it would make

all of a $415 million debt payment due on Friday, a relief for

bond insurers who...

Read more

REFILE-St. Louis Fed's Bullard repeats low rate outlook detailed in earlier speech

WASHINGTON, June 30 (Reuters) - St. Louis Fed President

James Bullard in a speech in London on Thursday repeated the new

monetary policy framework, including just a single rate hike for

the...

Read more

TREASURIES-U.S. yields retreat after S&P downgrades EU

NEW YORK, June 30 (Reuters) - Longer-dated U.S. Treasury

yields scaled back from earlier peaks on Thursday after Standard

& Poor's lowered its long-term credit rating on the European

Union by a notch...

Read more

UPDATE 2-Argentina announces two-part US dollar bond: source

NEW YORK, June 30 (IFR) - The Republic of Argentina

announced a two-part US dollar bond sale on Thursday, just three

months after its historic return to the international capital

markets.

Read more

S&P cuts rating on EU to 'AA' after Brexit

June 30 (Reuters) - Standard & Poor's Global Ratings said on

Thursday it had cut its long-term credit rating on the European

Union to 'AA' from 'AA+' after the United Kingdom voted to leave

the bloc.

Read more

UPDATE 1-Illinois House passes bills for budget, Chicago school pensions

CHICAGO, June 30 (Reuters) - The Illinois House on Thursday

passed legislation designed to break the state's year-long

budget impasse, sending to the Senate measures to implement

spending through...

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UPDATE 2-Brazil police raid offices of major builders in railway probe

BRASILIA, June 30 (Reuters) - Brazil's federal police on

Thursday raided the offices of at least 12 builders to seek

evidence of a cartel handling railway projects, antitrust

watchdog Cade said.

Read more

Conservative leadership candidate Gove says next PM needs to back Brexit

LONDON, June 30 (Reuters) - Britain's next prime minister

should be someone who supports the country's decision to leave

the European Union, Michael Gove, a prominent 'Out' campaigner

who earlier...

Read more

TREASURIES-U.S. bonds erase losses on BOE Carney's remarks

NEW YORK, June 30 (Reuters) - U.S. Treasury prices erased

earlier losses on Thursday after Bank of England Governor Mark

Carney said the central bank may provide more stimulus over the

summer...

Read more

LPC: US syndicated lending surged before Brexit, election volatility

NEW YORK, June 30 (Reuters) - Budding optimism about the

U.S. economy, rising oil prices and a brief lull in volatility

spurred companies to lock in low interest rates in the second

quarter, driving...

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BRIEF-VCA says entered into a credit agreement on June 29, 2016 - SEC filing

* Says entered into a credit agreement on June 29, 2016 -

SEC filing

Read more

BRIEF-21Vianet Group says to commence bond repurchase offer

* Says intends to commence change of control offer to

repurchase for cash all or any part of its 6.875 pct bonds due

2017

Read more

BRIEF-FS Investment says upsizes loan to affiliate of Greystone & Co.

* Announces a $50 million upsizing of its senior secured

loan to an affiliate of Greystone & Co.

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1-646-223-8780)

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BRIEF-Global Self Storage and certain subsidiaries enter loan agreement - SEC filing

* On June 24, 2016, certain subsidiaries of co entered into

a loan agreement and other related agreements - SEC filing

Read more

BRIEF-Pointer says files for mixed shelf of up to $25 mln - SEC filing

* Says files for mixed shelf of up to $25 million with U.S.

SEC - SEC filing

Source: (http://1.usa.gov/294Ezqs)

Further company coverage:

(Bengaluru Newsroom: +1 646 223 8780)

Read more

Brexit fears put aside as corporates go for sterling

LONDON, June 30 (IFR) - British American Tobacco and

Brown-Forman reopened the sterling corporate market on Thursday

after a month-long hiatus, attracting blowout demand just a week

after the UK...

Read more

GLOBAL MARKETS-World stocks poised for worst month since January

LONDON, June 30 (Reuters) - European stocks and the the

pound held on to a third day of gains as the immediate market

flurry over Britain's vote to pull out of the European Union

settled.

Read more

Brazil police raids offices of major builders in railway probe

BRASILIA, June 30 (Reuters) - Brazil's federal police on

Thursday raided the offices of at least 12 builders to seek

evidence of an alleged cartel in railway projects, Brazilian

antitrust watchdog...

Read more

BRIEF-Harvest Natural Resources says will sell Venezuelan assets

* Harvest Natural Resources announces agreement to sell

interests in Venezuela

Read more

BRIEF-Fibra Shop closes revolving credit line of MXN 3.2 bln

June 30 (Reuters) - Fibra Shop Portafolios Inmobiliarios

SAPI de CV :

Read more

New York's two-tier system offers testing ground in minimum wage debate

NEW YORK, June 30(Reuters) - When New York and California

became the first states to lift the minimum hourly wage towards

$15 earlier this year, New York state adopted a two-speed system

that makes...

Read more

EMERGING MARKETS-China's yuan sees biggest quarterly fall on record

LONDON, June 30 (Reuters) - China's yuan hit a six-month low

and chalked up its biggest quarterly fall against the dollar on

record on Thursday as Beijing suggested it was happy for the

weakness to...

Read more

India to get over $1 bln from World Bank for Modi's solar goals

NEW DELHI, June 30 (Reuters) - The World Bank said on

Thursday it would lend India more than $1 billion for its huge

solar energy programme, after Prime Minister Narendra Modi

sought climate change...

Read more

U.S. small business borrowing fell in May -PayNet

June 30 (Reuters) - U.S. small business borrowing fell for

the third straight month in May, data released on Thursday

showed, a pullback that suggests economic growth prospects were

already dimming...

Read more

Motoring group AA to sell Irish business to Carlyle arms

June 30 (Reuters) - Motoring group AA Plc said it

had agreed to sell its Irish business to a Carlyle Group

fund and financial services buyout team for 156.6 million euros

($173.7 million).

Read more

IMF sees Belarus growth exceeding 4.5 pct if reforms speed up

MINSK, June 30 (Reuters) - Belarus can see economic growth

exceeding 4.5 percent of gross domestic product if it speeds up

reforms, the head of the mission of the International Monetary

Fund to...

Read more

UPDATE 1-UK Stocks-Factors to watch on June 30

June 30 (Reuters) - Britain's FTSE 100 index is seen opening up 8

points, or 0.1 percent, on Thursday, according to financial bookmakers, with

futures up about 0.1 percent ahead of the cash market...

Read more

BRIEF-Moody's: EMEA corporates' cash pile provides buffer against Brexit

* Moody's: EMEA corporates' nearly EUR1 trillion cash pile

provides buffer against market uncertainties such as Brexit

Read more

Wednesday, June 29, 2016

PRESS DIGEST- New York Times business news - June 30

June 30 (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

JGBs edge down, yields pull away from lows

TOKYO, June 30 (Reuters) - Japanese government bonds edged

down on Thursday, with yields pulling away from this week's

record lows as investors adjusted their positions on the last

day of the month.

Read more

UPDATE 1-Brazil court agrees to protect phone company Oi from creditors

RIO DE JANEIRO, June 29 (Reuters) - A Brazilian court on

Wednesday accepted Oi SA's bankruptcy protection

petition, allowing the country's largest phone company to move

ahead with plans to reorganize...

Read more

BRIEF-Fitch: Overcapacity weighs on China bank operating environment

* Fitch: overcapacity weighs on china bank operating

environment

Read more

Meirelles sees markets showing renewed confidence in Brazil

SAO PAULO, June 29 (Reuters) - Financial markets have shown

renewed confidence in Brazil's government, Finance Minister

Henrique Meirelles said on Wednesday, as Congress has shown it

is ready to...

Read more

Brazil court agrees to protect phone company Oi from creditors

RIO DE JANEIRO, June 29 (Reuters) - A Brazilian court on

Wednesday accepted Oi SA's bankruptcy protection

petition, allowing the country's largest phone company to move

ahead with plans to reorganize...

Read more

GLOBAL MARKETS-Asia stocks gain as post-Brexit bounce continues, yen pulls back

* Precious metals still gather bids amid long-term

uncertainty

Read more

UPDATE 1-Most big U.S. banks pass Fed's stress test, boosting shareholder payouts

NEW YORK/WASHINGTON, June 29 (Reuters) - Nearly all of the

largest U.S. banks are on steady enough footing to increase

payouts to shareholders, the U.S. Federal Reserve said on

Wednesday, with just...

Read more

Venezuela's PDVSA signs financing deals with Weatherford, Halliburton

CARACAS, June 29 (Reuters) - Venezuelan state oil company

PDVSA has signed financing agreements with services firms

Halliburton and Weatherford, PDVSA's president

said on Wednesday, following chronic...

Read more

BRIEF-Manitok Energy to acquire Raimount Energy

* Manitok will acquire, indirectly through Acquireco, all of

issued and outstanding common shares of Raimount

Read more

The yen as a safe haven: a familiar but painful refrain for Japan

TOKYO/SINGAPORE, June 30 (Reuters) - A weak economy,

deflation, massive public debt, negative interest rates and an

ageing citizenry don't seem like good reasons for a country's

currency to surge,...

Read more

UPDATE 1-France's Hollande flags tax relief for voters, businesses, banks

PARIS, June 29 (Reuters) - French President Francois

Hollande flagged plans to ease the tax burden on middle class

voters and small companies while also making Paris a more

attractive financial...

Read more

GLOBAL MARKETS-Stock, oil prices gain as Brexit jitters abate

NEW YORK, June 29 (Reuters) - Stock markets around the world

rebounded for the second straight day on Wednesday as fears

about last week's Brexit vote eased and investors wagered

central banks would...

Read more

UPDATE 2-Puerto Rico debt relief bill moves closer to Senate passage

WASHINGTON, June 29 (Reuters) - A relief plan to help the

U.S. territory of Puerto Rico address its $70 billion debt moved

closer to passage in the U.S. Senate on Wednesday, clearing a

critical...

Read more

Alberta budget finishes 2015-16 with wider-than-forecast C$6.4 bln gap

TORONTO, June 29 (Reuters) - The Canadian crude-producing

province of Alberta said on Wednesday it finished the 2015-16

fiscal year with a C$6.4 billion ($4.93 billion) deficit, C$324

million wider...

Read more

BRIEF-S&P says Alaska's series 2016 lease revenue refunding bonds assigned 'AA' rating

* Alaska's series 2016 lease revenue refunding bonds

assigned 'AA' rating

Read more

BRIEF-Tuscany Energy announces receipt of repayment demand

* ATB Financial has demanded repayment of all amounts owing

thereunder, being approximately $8.5 million

Read more

UPDATE 1-U.S. SEC international corporate finance chief to leave agency

June 29 (Reuters) - Paul Dudek, chief of the U.S. Securities

and Exchange Commission's Office of International Corporate

Finance since 1993, is leaving the agency at the end of the

month, it said on...

Read more

UPDATE 1-Fed reverse repo demand rises before quarter-end

NEW YORK, June 29 (Reuters) - Demand for the Federal

Reserve's fixed-rate reverse repurchase agreements rose on

Wednesday for a third day as cash investors sought less risky

investments in advance of...

Read more

UPDATE 1-Energy Transfer terminates merger agreement with Williams

June 29 (Reuters) - Energy Transfer Equity walked

away from its more than $20 billion takeover of Williams Cos Inc

on Wednesday after months of lawsuits and heated

arguments between the rival...

Read more

Puerto Rico debt relief bill wins 68 votes in U.S. Senate

WASHINGTON, June 29 (Reuters) - A relief plan to help Puerto

Rico address its $70 billion debt cleared a critical hurdle in

the U.S. Senate on Wednesday, getting the supermajority it

needed to...

Read more

Brexit shakes UK banking system, but no repeat of 2008 seizure seen

LONDON, June 29 (Reuters) - Britain's Brexit vote has

battered UK bank shares and rocked the country's financial

markets, but a 2008-style seizing-up of its banking system looks

unlikely.

Read more

UPDATE 1-Record May deficit highlights Brazil's budget challenge

BRASILIA, June 29 (Reuters) - Brazil posted a primary budget

deficit of 18.125 billion reais ($5.57 billion) in

May, central bank data showed on Wednesday, the largest ever for

the month of May as...

Read more

Italy's Renzi says Spain, Portugal risk EU deficit sanctions

BRUSSELS, June 29 (Reuters) - Spain and Portugal risk

European Union sanctions for their public deficits, Italy's

prime minister said on Wednesday after an EU summit where

leaders discussed member...

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Brazil's Meirelles sees little room for public investments

BRASILIA, June 29 (Reuters) - There is limited room for

public investments in Brazil because of the current budget

situation, Finance Minister Henrique Meirelles said at an event

on Wednesday.

Read more

GLOBAL MARKETS-Stocks gain as Brexit nerves settle

LONDON, June 29 (Reuters) - European and Asian stock markets

built on a recovery from the aftermath of last week's Brexit

vote on Wednesday as investors wagered central banks would

ultimately ride to...

Read more

BRIEF-Aircastle Ltd says announces new $400 mln term financing

* Aircastle Ltd says facility includes an accordion feature

allowing for $67.5 million in additional future

Read more

TREASURIES-U.S. 30-year yield approaches all-time low

NEW YORK, June 29 (Reuters) - The yield on U.S. 30-year

Treasury bonds on Wednesday fell to its lowest since February

2015, closing in on its record low set 17 months ago, as

investors also loaded up...

Read more

BRIEF-Yingli Green Energy says continues alternative financing talks

* Says continues to discuss with different funding sources

about alternative financing plans

Read more

BRIEF-Fitch: Brexit Vote Pushes Negative-Yielding debt to $11.7 TRN

* Fitch: Brexit Vote Pushes Negative-Yielding debt to $11.7

TRN

Read more

REFILE-UPDATE 1-Molson Coors to bring first post-Brexit euro corporate bond

LONDON, June 29 (IFR) - Molson Coors Brewing Company has

become the first borrower to hit the European corporate bond

market after the UK's vote to leave the European Union.

Read more

Ireland's 10-year government bond yield hits record low

LONDON, June 29 (Reuters) - Ireland's 10-year government

bond yield fell to a record low on Wednesday, dragged down by

falls in top-rated euro zone bond yields in the wake of last

week's Brexit vote.

Read more

GLOBAL MARKETS-Stocks gain as Brexit nerves settle

LONDON, June 29 (Reuters) - European and Asian stock markets

built on a recovery from the shattering aftermath of last week's

Brexit vote on Wednesday as investors wagered central banks

would...

Read more

Russian FinMin says may borrow more on domestic mkt this year if needed

MOSCOW, June 29 (Reuters) - Russia may borrow more on the

domestic market this year if needed to compensate for the fact

that it has not borrowed all it can on external markets, Finance

Minister...

Read more

CEE MARKETS-Post-Brexit cherry-picking lifts east European assets

By Krisztina Than

BUDAPEST, June 29 (Reuters) - Central European stock markets

and currencies extended gains on Wednesday, helped by a rise in

Asian stock markets after the initial shock of...

Read more

EMERGING MARKETS-Emerging assets in second day of gains; Turkish tourism shares hit

LONDON, June 29 (Reuters) - Emerging stocks and currencies

rose for the second straight day on Wednesday, clawing back more

of the recent Brexit-fuelled losses, though shares linked to

Turkish...

Read more

RPT-Libya wealth fund boss screamed, cursed at Goldman bankers -witness

LONDON, June 28 (Reuters) - The Libyan wealth fund's former

deputy chief screamed and cursed at Goldman Sachs bankers in a

stormy meeting over derivatives trades made on the bank's advice

that...

Read more

BRIEF-Fitch - Emerging Europe sovereign credit overview published

* Recession in Russia is easing, expect a return to growth

by end of year

Read more

Tuesday, June 28, 2016

GLOBAL MARKETS-Asia stocks bounce, bonds benefit from the unknown

* Bonds remain strong on dim global outlook, talk of policy

easing

Read more

BRIEF-Molson prices public offering of $5.3 billion aggregate principal amount of senior notes

June 28 (Reuters) - Molson Coors Brewing Company Announces

Pricing Of Its Public Offering Of United States Dollar

Read more

BRIEF-Molson Coors Canada prices C$1 billion aggregate principal amount of senior notes

* Pricing of previously announced private placement offering

in Canada by its unit, of C$1 billion aggregate principal amount

of senior notes

Read more

BRIEF-Intrinsyc Technologies, Stream TV networks extend strategic agreements

* Intrinsyc Technologies and Stream TV networks extend

strategic agreements

Read more

Kansas court says funding plan averts need to close public schools

KANSAS CITY, Kan. June 28 (Reuters) - The Kansas Supreme

Court ruled on Tuesday that a bill state lawmakers passed last

week resolves inequities in public education and will allow

schools to open as...

Read more

Fed's Powell: U.S. financial conditions have tightened steadily since 2014

WASHINGTON, June 28 (Reuters) - Tightened financial

conditions due to the rising value of the dollar and other

factors have amounted to the equivalent of several rates hikes

since 2014, Federal...

Read more

EMERGING MARKETS-Latam currencies rise on bargain hunting after Brexit sell-off

By Bruno Federowski

SAO PAULO, June 28 (Reuters) - Latin American currencies

jumped on Tuesday as investors scooped up bargains following a

sell-off triggered by Britain's decision to leave the...

Read more

Sanders back in U.S. Senate, blasts 'colonialism' in Puerto Rico

WASHINGTON, June 28 (Reuters) - Democratic U.S. presidential

hopeful Bernie Sanders brought his firebrand rhetoric back to

the floor of the Senate on Tuesday to condemn a White

House-backed bill on...

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Obama may seek trade deals with EU, UK at same time - Kerry

WASHINGTON, June 28 (Reuters) - U.S. President Barack Obama

may try to negotiate a bilateral trade deal with Britain and a

multilateral trade pact with the European Union at the same time

following...

Read more

S.Africa's slowing growth to be hit by Brexit - Reserve Bank governor

JOHANNESBURG, June 28 (Reuters) - The governor of the South

African Reserve Bank said on Tuesday that although the decision

by Britain to exit the European Union would not cause a

recession, already...

Read more

UPDATE 1-Moody's cuts outlook on UK banking system, 12 banks after Brexit

June 28 (Reuters) - Moody's Investors Service cut its

outlook on the UK banking system to 'negative' from 'stable' on

Tuesday, and also lowered its outlook on some UK insurers and

banks, citing the...

Read more

Moody's cuts outlook on UK banking system, 12 banks after Brexit

June 28 (Reuters) - Moody's Investors Service cut its

outlook on the UK banking system to 'negative' from 'stable' on

Tuesday, citing the referendum vote in favor of the UK leaving

the European Union.

Read more

Democratic Senator Wyden says he will vote for Puerto Rico debt bill

WASHINGTON, June 28 (Reuters) - Democratic U.S. Senator Ron

Wyden said on Tuesday he will vote for a crucial Puerto Rico

debt restructuring bill, saying it was the best alternative for

the...

Read more

UPDATE 1-Draghi sees Brexit vote hitting euro zone growth by up to 0.5 pct over 3 years - official

BERLIN, June 28 (Reuters) - European Central Bank President

Mario Draghi told EU leaders on Tuesday the euro zone may grow

cumulatively between 0.3 and 0.5 percent over the next three

years, less...

Read more

Brazil's fiscal shortfall in May in line with 2016 forecast

BRASILIA, June 28 (Reuters) - Brazil's new Treasury chief

Ana Paula Vescovi said on Tuesday that a steep primary shortfall

in May is in line with the government's forecast for a primary

budget...

Read more

U.S. Senate leader hopeful of Democrats' support for Puerto Rico debt bill

WASHINGTON, June 28 (Reuters) - U.S. Senate Majority Leader

Mitch McConnell on Tuesday said he was optimistic that a Puerto

Rico debt relief bill will get enough Democratic support to

advance the...

Read more

UPDATE 1-Netherlands set to pocket $1 billion with Propertize sale

AMSTERDAM, June 28 (Reuters) - The Netherlands is selling

Propertize, the real estate portfolio of nationalised bank SNS

Reaal, for 895 million euros ($989 million) to JP Morgan

and private equity...

Read more

U.S. Fed awards $129.10 bln in reverse repos

NEW YORK, June 28 (Reuters) - The Federal Reserve on Tuesday

awarded $129.10 billion of one-day, fixed-rate reverse

repurchase agreements to 44 bidders at an interest rate of 0.25

percent, the New...

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Confederation of British Industry says UK "a long way off" any EU plan

LONDON, June 28 (Reuters) - Britain appears a long way from

developing a clear plan on the country's future trading

relationship with the European Union, the head of the

Confederation of British...

Read more

UPDATE 1-Argentina to offer investors option to sell back GDP warrants

NEW YORK, June 28 (IFR) - Argentina plans to offer options

to investors to retire GDP warrants - a move that could save the

South American country some US$9.4bn, the Finance Ministry said

on Tuesday.

Read more

EMERGING MARKETS-Latam currencies jump on bargain hunting after Brexit selloff

By Bruno Federowski

SAO PAULO, June 28 (Reuters) - Latin American currencies

jumped on Tuesday as investors scooped up bargains following a

selloff triggered by Britain's decision to leave the...

Read more

NEWSMAKER-China's Fosun eyes UK, Europe opportunities after Brexit vote

* And is looking to reduce its debts

(Adds detail on debt, investments)

Read more

UPDATE 1-Sturgeon to meet EU leaders in drive to keep Scotland in bloc

EDINBURGH June 28 (Reuters) - First Minister Nicola Sturgeon

will meet European Parliament chiefs in Brussels on Wednesday as

she launches a drive to negotiate a way for Scotland to remain

in the...

Read more

UPDATE 1-U.S. Supreme Court to weigh Miami predatory lending lawsuit

WASHINGTON, June 28 (Reuters) - The U.S. Supreme Court on

Tuesday agreed to decide whether Miami can pursue lawsuits

accusing major banks of predatory mortgage lending to black and

Hispanic...

Read more

TREASURIES-U.S. bonds hold losses after consumer confidence data

NEW YORK, June 28 (Reuters) - U.S. Treasury prices held

their earlier losses on Tuesday as a private gauge on consumer

confidence rose to its highest since October, rekindling bets

that consumer...

Read more

TREASURIES-U.S. bond prices hold losses after U.S. GDP data

NEW YORK, June 28 (Reuters) - U.S. Treasury prices held

their earlier decline on Tuesday as the government's final

reading on economic growth in the first quarter was revised up

to 1.1 percent,...

Read more

GLOBAL MARKETS-Stocks, sterling fight back after Brexit beating

* European shares lead turnaround after post-Brexit vote

slump

Read more

Osborne sees urgent need to establish new UK-EU relationship

LONDON, June 28 (Reuters) - Britain urgently needs to

establish a new relationship with the European Union, but should

not serve its notice to quit the bloc until this new model had

become clear,...

Read more

Murdoch says weaker sterling makes UK more competitive - reporter

LONDON, June 28 (Reuters) - The sharp fall in sterling since

Britain voted to leave the European Union will make its economy

more competitive, media owner Rupert Murdoch said on Tuesday at

a...

Read more

REFILE-UPDATE 1-Lending Club names CEO, plans to cut 179 roles

June 28 (Reuters) - Online lender Lending Club Corp

appointed Scott Sanborn its new chief executive, and said it

would cut 179 positions as loan originations decline.

Read more

BRIEF-Fitch: EU-related supranational ratings unaffected by Brexit vote

* Does not expect a unilateral and sudden withdrawal of UK's

capital from EIB

Read more

Lending Club names CEO, plans to cut 179 roles

June 28 (Reuters) - Online lender Lending Club Corp

appointed Scott Sanborn CEO and said it would cut 179 positions.

Read more

UPDATE 1-China's CITIC Bank tries to seize real estate assets in Canada

VANCOUVER, June 27 (Reuters) - China CITIC Bank Corp Ltd

has launched a Canadian lawsuit to try to seize the

assets of a Chinese citizen the bank claims took out a

multi-million dollar loan in China...

Read more

Spain economic growth likely slowed slightly in Q2 - C.Bank

MADRID, June 28 (Reuters) - Spain's economic expansion

likely slowed slightly in the second quarter, the Bank of Spain

said on Tuesday, with gross domestic product (GDP) forecast to

expand 0.7...

Read more

UK finance minister Osborne says crucial to provide fiscal stability

LONDON, June 28 (Reuters) - British finance minister George

Osborne said it was key that Britain provided fiscal stability

in the wake of the decision to exit the European Union which has

seen...

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UK's Osborne says taxes will rise, spending will be cut after Brexit

LONDON, June 28 (Reuters) - Finance minister George Osborne

said on Tuesday that Britain would have to raise taxes and cut

spending to deal with the economic challenge posed after Britons

voted to...

Read more

RPT-British government puts sale of RBS, Lloyds stakes on hold after Brexit vote -sources

LONDON, June 27 (Reuters) - Britain's government has

scrapped plans to sell stakes in Royal Bank of Scotland

and Lloyds Banking Group this year in the wake of the

Brexit vote, sources said, a...

Read more

BRIEF-Tesco sales down 1.3 pct in 12 weeks to June 19 - Kantar Worldpanel

* Tesco 12 weeks to June 19 sales down 1.3 percent

- Kantar Worldpanel

Read more

Monday, June 27, 2016

JGBs rise as Brexit aftermath sends most yields to record lows

TOKYO, June 28 (Reuters) - Japanese government bonds rose on

Tuesday, with yields of most maturities logging record lows, as

investors continued to fret about the fallout from Britain's

stunning vote...

Read more

UPDATE 1-Japan eyes help for small business in stimulus plan after Brexit

* Economy Minister Ishihara does not comment on size of

stimulus

(Adds direct quote, details)

Read more

China won't allow "roller-coaster rides" in its markets after Brexit-Premier Li

BEIJING, June 28 (Reuters) - Britain's vote to leave the

European Union has sent jitters through global markets, but it

is important to work together to strengthen confidence, prevent

the spread of...

Read more

BOJ's dollar-supplying operation draws offer of $1.47 billion

TOKYO, June 28 (Reuters) - The Bank of Japan's regular

dollar-supplying operation drew offers of $1.47 billion, the

central bank said on Tuesday.

(Reporting by Tokyo markets team; Editing by Shri...

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GLOBAL MARKETS-Oil, FX bounce from early lows as investors hunt for bargains

* Investors continue to fear fallout of UK's Brexit vote

shock

Read more

EMERGING MARKETS-Latam stocks, currencies down for 2nd day as Brexit woes linger

SAO PAULO, June 27 (Reuters) - Latin American equities and

currencies fell on Monday for the second consecutive trading day

as lingering concerns over Britain's decision to leave the

European Union...

Read more

UPDATE 1-Illinois school funding battle looms amid budget progress

CHICAGO, June 27 (Reuters) - Illinois Governor Bruce Rauner

expressed optimism on Monday that the financially struggling

state could begin fiscal year 2017 on Friday with a temporary

budget in place...

Read more

China's CITIC Bank tries to seize real estate assets in Canada

VANCOUVER, June 27 (Reuters) - China CITIC Bank Corp Ltd

has launched a Canadian lawsuit to try to seize the

assets of a Chinese citizen the bank claims took out a

multi-million dollar loan in China...

Read more

Benchmark 10-year, 20-year JGB yields fall to record lows

TOKYO, June 28 (Reuters) - The yields on 10-year Japanese

government bonds as well as 20-year JGBs both dropped to record

lows on Tuesday, as investors continued to fear the fallout from

Britain's...

Read more

PRESS DIGEST- British Business - June 28

June 28 (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

UPDATE 1-U.S. Senate set to begin debate on Puerto Rico debt relief bill

WASHINGTON/NEW YORK, June 27 (Reuters) - After months of

waiting for the U.S. Congress to act as Puerto Rico's economic

crisis progressively worsened, the Caribbean island is on the

verge of securing...

Read more

BRIEF-Fitch plans to withdraw ratings of Halliburton Company

* Fitch plans to withdraw ratings of Halliburton Company

Source text for Eikon:

Further company coverage:

Read more

Texas ex-tycoon Wyly ordered to pay $1.1 bln for tax fraud

June 27 (Reuters) - A federal bankruptcy judge in Texas on

Monday ordered former billionaire Sam Wyly to pay $1.11 billion

in back taxes, interest and penalties after finding he committed

tax fraud...

Read more

CEE MARKETS-Assets take step back after Brexit shock, mild gains

By Marton Dunai

BUDAPEST, June 27 (Reuters) - Emerging European currencies

firmed a touch in early trade on Monday as markets took a step

back after Friday's reaction to Britain's vote to leave...

Read more

Italy govt readying plan to help banks after Brexit-papers

MILAN, June 27 (Reuters) - Italy is readying a plan to

steady its banking sector, a vulnerable target for sellers after

Britain's vote to leave the European Union raised fears of a

market rout in the...

Read more

Sunday, June 26, 2016

Swedish payments firm Klarna taps debt market for the first time

STOCKHOLM, June 27 (Reuters) - Swedish payments firm Klarna,

one of Europe's most highly valued tech startups, said on Monday

it had tapped debt markets for the first time,

issuing subordinated notes...

Read more

UPDATE 1-Anbang plans to convert most of Waldorf Astoria to apartments -WSJ

NEW YORK, June 26 (Reuters) - China's Anbang Insurance Group

Co plans to convert as much as three-quarters of the

rooms at New York's landmark Waldorf Astoria hotel into

apartments, the Wall Street...

Read more

JGB 30-yr yield falls to record low in aftermath of Brexit

TOKYO, June 27 (Reuters) - The 30-year Japanese government

bond yield slipped to a record low on Monday as uncertainty

following Britain's decision to leave the European Union drove

up demand for...

Read more

GLOBAL MARKETS-Asian stocks, pound fall in Brexit aftershocks

TOKYO, June 27 (Reuters) - Asian stocks fell and the British

pound tumbled more than 2 percent in early trade on Monday as

markets struggled to shake off deep uncertainty sparked by

Britain's...

Read more

UPDATE 1-U.S. national security adviser sees few immediate Brexit concerns

June 26 (Reuters) - U.S. National Security Adviser Susan

Rice said on Sunday that there are "relatively few" immediate

security concerns stemming from Britain's vote to leave the

European Union, but...

Read more

RPT-UPDATE 7-Spanish vote delivers more uncertainty for Europe after Brexit

MADRID, June 26 (Reuters) - Spanish elections delivered a

hung parliament for the second time in six months on Sunday,

adding to political uncertainty in Europe after last week's

shock Brexit vote...

Read more

BOJ's Nakaso says will tap c.bank swap deals for FX liquidity if needed

TOKYO, June 27 (Reuters) - Japan will ensure liquidity in

the yen and in foreign currencies if needed by tapping currency

swap lines established among six central banks, Bank of Japan

Deputy Governor...

Read more

U.S. national security adviser sees few immediate Brexit concerns

WASHINGTON, June 26 (Reuters) - U.S. National Security

Adviser Susan Rice said on Sunday that there are "relatively

few" immediate security concerns stemming from Britain's vote to

leave the European...

Read more

EU plans moving bank regulator from London as euro zone eyes City business

* EBA to be relocated soon after Brexit, two EU officials

said

Read more

GLOBAL MARKETS-U.S. stock futures, pound fall in Brexit aftershocks

TOKYO, June 27 (Reuters) - U.S. stock futures dipped and the

British pound fell more than one percent in early Asian trade on

Monday, as markets struggled to shake off a swathe of

uncertainty sparked...

Read more

UK's Osborne to make Brexit statement before markets open on Monday

LONDON, June 26 (Reuters) - British finance minister George

Osborne will seek to reassure financial markets on Monday

following the country's decision to leave the European Union

last week, setting...

Read more

UPDATE 5-Support for Spain's conservative party surges days after Brexit

* No easy majority in reach, stalemate may go on

(Adds quotes, context)

Read more

Spain's conservatives win most seats in election, far left rises

MADRID, June 26 (Reuters) - The conservative People's Party

(PP) of acting Prime Minister Mariano Rajoy won most seats in

Spain's parliamentary election on Sunday, an exit poll showed,

although the...

Read more

Support for Spain's mainstream parties rises in election - preliminary data

MADRID, June 26 (Reuters) - Support for Spain's two

traditionally dominant conservative and socialist parties rose

in Sunday's general election, preliminary data with more than 50

percent of the...

Read more

Germany's Gabriel -won't make Brits any new offers to stay in EU

BERLIN, June 26 (Reuters) - The European Union will not make

Britain any fresh offers to keep it in the bloc, German Vice

Chancellor Sigmar Gabriel told the Handelsblatt business daily

newspaper.

Read more

Merkel ally: London should review Brexit fallout, not decision

BERLIN, June 26 (Reuters) - Britain's politicians should

take time to review the consequences of leaving the European

Union, Chancellor Angela Merkel's chief of staff said on Sunday,

but he stressed...

Read more

UPDATE 1-German, French ministers plan for "strong Europe in uncertain world"

BERLIN, June 26 (Reuters) - The foreign ministers of Germany

and France have drawn up a nine-page document entitled "A strong

Europe in a world of uncertainties" in which they propose common

European...

Read more

UPDATE 1-"Risky trinity" requires urgent global policy action, BIS says

LONDON, June 26(Reuters) - Global economic policy urgently

needs rebalancing, the Bank for International Settlements (BIS)

said on Sunday, as the world faces a "risky trinity" of high

debt, low...

Read more

Senior Merkel ally says London should be allowed Brexit rethink

BERLIN, June 26 (Reuters) - German Chancellor Angela

Merkel's chief of staff has said politicians in London should be

able to have the chance to think again about the consequences of

leaving the...

Read more

Many US firms playing catchup after surprise EU exit vote

NEW YORK/CHICAGO, June 26 (Reuters) - The risk that Britain

could yank itself out of the European Union had been telegraphed

for over a year, but even U.S. companies with "Brexit"

contingency plans...

Read more

Central banks will smooth Brexit-driven market moves -BIS head

VIENNA, June 26 (Reuters) - Major central banks will limit

market turbulence as much as possible after Britain voted to

leave the European Union, the head of the Bank for International

Settlements...

Read more

Iraqi forces retake Islamic State holdout in Falluja, declare battle over

BAGHDAD, June 26 (Reuters) - Iraqi forces recaptured the

last remaining district held by Islamic State militants in the

city of Falluja on Sunday and the general commanding the

operation declared the...

Read more

German, French ministers plan for "strong Europe in uncertain world"

BERLIN, June 26 (Reuters) - The foreign ministers of Germany

and France have drawn up a nine-page document entitled "A strong

Europe in a world of uncertainties" in which they propose common

European...

Read more

Chinese insurers run "Titanic" risks for titanic returns

* Top insurers quadruple investment in alternative assets in

5 yrs

Read more

Saturday, June 25, 2016

UK's Johnson wins backing from Gove for prime ministerial bid

LONDON, June 25 (Reuters) - Boris Johnson, one of the

leaders of the successful "Leave" campaign in Britain's European

Union membership referendum, has won the backing of a key

colleague to replace...

Read more

Ecuador says Brexit 'spoils' scheduled bond issue

QUITO, June 25 (Reuters) - Ecuadorean President Rafael

Correa said on Saturday that Britain's vote to leave the

European Union has "spoiled" a bond issue that had been planned

for next week to help...

Read more

UPDATE 1-Investor George Soros calls for reconstruction of EU after 'Brexit' vote

June 25 (Reuters) - Billionaire investor George Soros on

Saturday called for thorough reconstruction of the European

Union in order to save it, even though he warned that Britain's

vote to leave the...

Read more

Investor George Soros says 'Brexit' means 'disintegration' of EU

June 25 (Reuters) - Billionaire investor George Soros said

on Saturday that Britain's vote to leave the European Union

makes "disintegration of the EU practically irreversible," and

that the effects...

Read more

Central banks ready to cooperate after Brexit result

ZURICH, June 25 (Reuters) - Central banks are ready to

cooperate to support financial stability in the wake of

Britain's vote to leave the European Union, the Bank for

International Settlements said...

Read more

Brazil's Temer says women should retire earlier than men - paper

SAO PAULO, June 25 (Reuters) - Brazil's interim President

Michel Temer told local newspapers women should retire earlier

than men, explaining why he did not support making a potential

minimum...

Read more

UPDATE 2-Scotland starts drive to stay in EU, independence option open-Sturgeon

EDINBURGH, June 25 (Reuters) - Scotland's devolved

government will start a drive to protect its European Union

membership and will prepare for a possible fresh independence

vote after Britain voted...

Read more

Starved of resources, UK's most deprived town pins hopes on Brexit

OLDHAM, England, June 25 (Reuters) - The son of Pakistani

immigrants, Sajaad Ahmed voted to leave the European Union

because he sees only one way to reverse a decades-long dwindling

of resources in...

Read more

UPDATE 1-France's Macron wants new European project, and an EU-wide referendum

PARIS, June 25 (Reuters) - The European Union needs a new

roadmap that should be devised in consultation with voters and

then put to a referendum, France's Economy Minister Emmanuel

Macron said on...

Read more

UPDATE 2-China-backed AIIB seeks cooperation and new members

* AIIB must comply with multilateral agency rules -Alexander

(Adds quotes on governance standards, details on operations)

Read more

UPDATE 2-Founding EU members tell Britain: let's get this divorce done

BERLIN, June 25 (Reuters) - The six founding members of the

European Union sent a clear message to Britain on Saturday to

leave the bloc as soon as possible after Britons voted to quit

in the biggest...

Read more

France says need quick start of Brexit talks, no "cat and mouse game"

BERLIN, June 25 (Reuters) - Britain must quickly trigger the

Article 50 clause that allows talks to start on its exit from

the European Union, French Foreign Minister Jean-Marc Ayrault

said on...

Read more

REFILE-Scotland's Sturgeon presses ahead with preparations for independence vote

EDINBURGH, June 25 (Reuters) - Scotland's devolved

government is preparing to present legislation allowing a second

independence referendum while continuing discussions on its

place within the...

Read more

UPDATE 2-ECB's Villeroy: Brexit talks must be quick, City of London at risk of losing "EU passport"

PARIS, June 25 (Reuters) - London's financial centre will

lose its prized "EU passport" if Britain fails to secure

continued access to the bloc's single market in its exit talks,

ECB Governing...

Read more

ECB's Villeroy: Brexit talks must be quick, City of London at risk of losing "EU passport"

PARIS, June 25 (Reuters) - Brexit talks must be carried out

quickly to limit uncertainties, ECB Governing Council member

Francois Villeroy de Galhau said on Saturday, adding the City of

London...

Read more

France presses for quick EU divorce with Britain, Germany cautious

BERLIN, June 25 (Reuters) - France's foreign minister called

on Saturday for the European Union to move ahead quickly to seal

the terms of a British exit from the bloc, arguing that the

other 27...

Read more

Friday, June 24, 2016

Dick's Sporting Goods bids on 17 Sports Authority stores -source

NEW YORK, June 23 (Reuters) - Dick's Sporting Goods

submitted a bid for 17 Sports Authority stores, with other

retailers making offers for only single locations of the

bankrupt sporting goods...

Read more

BRIEF-Atwood Oceanics announces cash tender offer for senior notes

* Atwood Oceanics Inc announces cash tender offer for senior

notes

Read more

UPDATE 1-Ratings agency Moody's says Britain at risk of credit downgrade

LONDON, June 24 (Reuters) - Ratings agency Moody's said

Britain's creditworthiness was now at greater risk after voting

to leave the European Union, as the country would face

substantial challenges...

Read more

Former wrestler Hulk Hogan to serve on Gawker creditor committee

NEW YORK, June 24 (Reuters) - Former professional wrestler

Hulk Hogan, whose lawsuit against Gawker Media LLC precipitated

its bankruptcy, will serve on the committee of unsecured

creditors,...

Read more

UPDATE 1-Delaware judge rules for ETE in Williams merger dispute

NEW YORK/WILMINGTON, Del., June 24 (Reuters) - Energy

Transfer Equity won a court ruling on Friday that would

allow the pipeline operator to walk away from its more than $20

billion takeover of rival...

Read more

REFILE-UPDATE 1-Speculators raise net shorts vs sterling ahead of 'Brexit' - CFTC data

(Refiles to correct 3rd paragraph to say 'long bets', not 'net

long bets')

June 24 (Reuters) - Currency speculators increased their net

short positions against the British pound in the week...

Read more

Top U.S. financial regulators to discuss 'Brexit' by phone on Friday

WASHINGTON, June 24 (Reuters) - The heads of all the U.S.

financial regulatory agencies will hold a meeting by phone on

Friday to discuss the vote by Britain to leave the European

Union, according to...

Read more

Delaware judge rules for ETE in Williams merger dispute

NEW YORK, June 24 (Reuters) - Energy Transfer Equity

won a court ruling on Friday that would allow the pipeline

operator to walk away from its more than $20 billion takeover of

rival Williams Cos...

Read more

MONEY MARKETS-Surprise Brexit vote unleashes scramble for dollars

* Dollar/euro cross-currency swap widest since December

(Add background, quote, byline)

Read more

TREASURIES-Prices soar on safe-haven bid as Britain votes to leave EU

(Adds quotes, updates prices)

* Britain's vote to leave EU boosts safe-haven U.S. bonds

* Vote seen keeping Fed more cautious on raising rates

By Karen Brettell

NEW YORK, June 24...

Read more

Brexit seen hitting Canadian growth, puts rate cuts back on table

TORONTO/OTTAWA June 24 (Reuters) - Canada's

commodity-oriented economy will suffer a blow from Britain's

vote to leave the European Union, which has put the prospect of

Canadian interest rate cuts...

Read more

U.S. derivatives, commodities markets functioning normally after Brexit -CFTC

WASHINGTON, June 24 (Reuters) - The U.S. commodities

regulator said on Friday it was monitoring the effects of

Britain's vote to leave the European Union, and that the markets

its oversees, which...

Read more

GLOBAL MARKETS-World stocks tumble as Britain votes for EU exit

* Sterling suffers historic fall in massive selloff, yen

jumps

Read more

BRIEF-Freddie Mac prices $950 mln multifamily K-deal, K-722 certificates

* Expects to issue nearly $950 million in K-722

certificates, which are expected to settle on or about June 29,

2016

Source text for Eikon:

Further company coverage:

Read more

EMERGING MARKETS-Latam currencies, stocks slide after Brexit vote

By Bruno Federowski

SAO PAULO, June 24 (Reuters) - Latin American currencies and

stocks plunged on Friday after Britain voted "Leave," to exit

the European Union, as global market volatility...

Read more

UPDATE 1-U.S. municipal bond yields tumble to record lows on Brexit vote

NEW YORK, June 24 (Reuters) - U.S. municipal bonds yields

tumbled to record lows on Friday, falling as much as 20 basis

points and tracking a flight to safety in the U.S. Treasury

market a day after...

Read more

UK markets price in BoE rate cut by year-end after Brexit shock

LONDON, June 24 (Reuters) - Financial markets priced in a

growing chance that the Bank of England will cut interest rates

this year as Britain's vote to leave the European Union sent

rate futures...

Read more

GLOBAL MARKETS-World stocks tumble as Britain votes for EU exit

* Sterling suffers historic fall in massive selloff, yen

jumps

Read more

UK's Osborne says G7 c.banks have taken steps for market liquidity

LONDON, June 24 (Reuters) - Britain's finance minister

George Osborne said central banks from the Group of Seven

economic powers have taken steps to ensure adequate liquidity in

financial markets...

Read more

DoubleLine's Gundlach says sold all of its European equities position

NEW YORK, June 24 (Reuters) - Jeffrey Gundlach, chief

executive officer at DoubleLine Capital, said Friday that his

firm sold all of its European equities position before the

market closed Thursday.

Read more

German economy can cope with Brexit impact, EconMin spokeswoman

BERLIN, June 24 (Reuters) - The German economy can cope with

the impact of Britain's decision to leave the European Union and

Berlin currently sees no need to change its growth forecast for

this...

Read more

TREASURIES-Prices soar on safety bid as Britain votes to leave EU

* Britain's vote to leave EU boosts safe-haven U.S. bonds

* Vote seen keeping Fed more cautious on raising rates

By Karen Brettell

NEW YORK, June 24 (Reuters) - U.S. Treasury prices...

Read more

Greeks welcome Brexit vote as snub to overbearing Brussels

ATHENS June 24 (Reuters) - Worn down by years of EU-mandated

austerity, many Greeks on Friday welcomed Britain's decision to

leave the European Union as an overdue slap in the face for a

Brussels...

Read more

Germany wants to offer Britain associated partnership with EU - paper

BERLIN, June 24 (Reuters) - Germany wants to offer Britain

associated partnership status with other European Union

countries after its vote to leave the bloc, business daily

Handelsblatt reported on...

Read more

Hollande says Brexit vote "tough test" for Europe

PARIS, June 24 (Reuters) - French President Francois

Hollande said he respected the British vote to quit the European

Union and that negotiations over its exit must be swift.

Read more

UPDATE 1-Swiss say Brexit vote complicates its EU immigration talks

* Prospects for political deal with EU fade - Swiss

president

Read more

UPDATE 2-Investors hide in top-rated German debt as Brexit rocks euro zone

LONDON, June 24 (Reuters) - Investors ran for the safety of

top-rated German debt and ditched bonds in riskier southern

Europe as Britain's vote to leave the European Union created the

biggest shock...

Read more

British ex-PM Blair says Brexit will have "enormous consequences"

LONDON, June 24 (Reuters) - Former British Prime Minister

Tony Blair said Britain's vote to leave the EU could create

pressure for a second referendum on Scottish independence.

Read more

GLOBAL MARKETS-World stocks in freefall as UK votes for EU exit

* Sterling suffers historic fall in massive selloff, yen

jumps

Read more

Swiss say Brexit vote complicates its EU immigration talks

ZURICH, June 24 (Reuters) - Switzerland's talks with

Brussels on curbing immigration from the European Union have

been complicated by Britain's vote to leave the EU but remain a

national priority,...

Read more

RPT-Bank of England says will take all necessary steps for stability

LONDON, June 24 (Reuters) - The Bank of England said on

Friday it would take all necessary steps to shield Britain's

economy from the shock decision by voters to pull the country

out of the European...

Read more

UPDATE 1-UK PM Cameron says will step down by October after Brexit vote

LONDON, June 24 (Reuters) - David Cameron said he would

resign as Prime Minister by October after Britons ignored his

pleas to stay in the European Union and voted in a referendum to

leave.

Read more

Thursday, June 23, 2016

US SWAPS-U.S. 2-year swap spread widens on vote for Brexit

NEW YORK, June 24 (Reuters) - The gap between the interest

rate on U.S. two-year interest rate swap contracts and the yield

on U.S. two-year Treasuries grew to its widest level since

August following...

Read more

Germany's Schaeuble says clear process for Brexit will be applied

BERLIN, June 24 (Reuters) - German Finance Minister Wolfgang

Schaeuble said on Friday there was a clear process for exiting

the European Union and this would now be applied with Britain

after its...

Read more

Germany's Steinmeier says Brexit vote marks a sad day for Europe

BERLIN, June 24 (Reuters) - German Foreign Minister

Frank-Walter Steinmeier said on Friday that Britain's vote to

leave the European Union marked a sad day for Europe.

Read more

UPDATE 1-Swiss franc soars after Brexit vote, SNB declines immediate comment

ZURICH, June 24 (Reuters) - The safe-haven Swiss franc rose

to its highest level against the euro since August 2015 on

Friday after estimates from the BBC showing Britain had voted to

leave the...

Read more

India has firepower to withstand British exit from EU - finmin official

NEW DELHI, June 24 (Reuters) - India has the firepower to

withstand Britain's likely exit from the European Union, will

accelerate growth programmes to offset its impact, and does not

expect its...

Read more

MONEY MARKETS-Traders weigh chance of Fed cutting US rates after Brexit

NEW YORK, June 24 (Reuters) - U.S. short-term interest rates

futures rose to contract highs in early U.S. trading on Friday

after Britons voted to leave the European Union, spurring

traders to expect...

Read more

UPDATE 1-Bankers take fright as UK vote count points to Brexit

* But banks fear losing right to serve EU customers

(Recasts to reflect votes to leave the EU ahead)

Read more

UPDATE 1-Petrobras says pension fund needs cash infusion of up to $4.8 bln

RIO DE JANEIRO, June 23 (Reuters) - Brazil's state-run oil

company Petrobras said on Thursday its employee pension fund

will require a cash infusion of up to 16.1 billion reais ($4.8

billion) to make...

Read more

GLOBAL MARKETS-Sterling tumbles, bonds surge as early Brexit results put Leave ahead

SYDNEY, June 24 (Reuters) - Sterling and stocks sank while

safe-haven bonds jumped in wild Asian trade on Friday as early

results from the UK's vote on European Union membership showed

the "Leave"...

Read more

Brexit vote- Oxford votes less strongly than expected for remain

LONDON, June 24 (Reuters) - The British city of Oxford voted

less strongly than expected to remain in the European Union at

Thursday's membership referendum, official results showed.

Read more

UPDATE 2-Sterling plunges as early EU vote counts hint at Brexit

LONDON, June 24 (Reuters) - Sterling plunged more than six

cents against the dollar on Friday after early EU referendum

vote counts in two north-eastern cities in England suggested

Britons may have...

Read more

UPDATE 2-U.S. banks flex capital muscle in annual stress test

June 23 (Reuters) - Big U.S. banks are proving themselves to

be stronger and sounder in an annual regulatory stress test,

even as the Federal Reserve changes doomsday scenarios to keep

them on their...

Read more

Sunderland votes more strongly than expected to leave EU

LONDON, June 24 (Reuters) - The city of Sunderland in north

eastern England voted more strongly than expected to leave the

European Union at a membership referendum on Thursday.

Read more

GLOBAL MARKETS-Stocks, sterling skid as Brexit vote agonisingly close

* Risk assets retreat as results point to close call on

Brexit

Read more

UPDATE 1-U.S. muni bond fund inflows hit over 3-year high

(Recasts with biggest flows since 2013; adds reasons for

investor interest)

June 23 (Reuters) - U.S. municipal bond funds reported $1.4

billion of net inflows in the week ended June 22, the...

Read more

BRIEF-Fitch maintains Humana's ratings on positive watch

* Fitch maintains Humana's ratings on positive watch

Source text for Eikon:

Further company coverage:

(Bengaluru Newsroom: +1-646-223-8780)

Read more

BRIEF-Roadrunner enters amendment to credit agreement with U.S. Bank National Association

* On June 17, 2016, entered into consent, waiver and

amendment to credit agreement with U.S. Bank National

Association

Read more

BRIEF-Cyclacel Pharmaceuticals may issue, sell shares having aggregate offering price of up to $4 mln through FBR

* Sales agreement with FBR Capital Markets & Co; may issue,

sell shares having aggregate offering price of up to $4 million

through FBR

Source text: http://1.usa.gov/28Qcw2y

Further company...

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UPDATE 1-San Francisco sets vote on soda tax amid battle on health warnings

NEW YORK, June 23 (Reuters) - San Francisco residents will

have a second chance to vote on whether to tax soda after city

officials this week added the measure to a November ballot that

could result...

Read more

MOVES-Carlos Mendoza joins UBS to head LatAm DCM

NEW YORK, June 23 (IFR) - UBS has hired Carlos Mendoza as

head of debt capital markets and client solutions for Latin

America, adding to a list of new hires covering the region, a

source told IFR on...

Read more

BRIEF-Comdisco files motion for final decree closing bankruptcy cases and providing related relief

* Comdisco holding company inc says files motion for final

decree closing bankruptcy cases and providing related relief

Read more

BRIEF-Univest announces $45 mln private offering of subordinated notes

* Univest announces $45 million private offering of

subordinated notes

Read more

Ghana opposition accuses president of receiving car for contract

ACCRA, June 23 (Reuters) - Ghana's opposition called on

Thursday for an inquiry into whether a businessman won a

$613,000 government construction contract by giving President

John Mahama a large...

Read more

LATAM CLOSE-No deals price in LatAm primary market

* Argentina cuts US$95m settlement with Greylock

* Timing of Oi bankruptcy raises CDS speculation

* UBS hires new head of LatAm DCM, client solutions

* Engie Energia Peru places local...

Read more

BRIEF-Verso's plan of reorganization confirmed by bankruptcy court

* Verso's plan of reorganization confirmed by bankruptcy

court

Read more

UPDATE 2-Hours before Brexit result, euro bond markets tilt to "Remain"

* Bookmakers odds show 86 pct chance of remaining in EU

(Adds quote, updates prices)

Read more

UPDATE 1-Dubai bank Emirates NBD signs upsized $1.7 bln loan

* Commercial Bank of Dubai closes in on loan of up to $500

mln

(Recasts, adds detail)

Read more

BRIEF-Fitch downgrades Nigeria to 'B+'; outlook stable

* Fitch On Nigeria - Forecasts GDP growth to fall to 1.5% in

2016, down from 2.7% in previous year

Read more

Deals of the day- Mergers and acquisitions

June 23 (Reuters) - The following bids, mergers,

acquisitions and disposals were reported by 1400 GMT on

Thursday:

Read more

BRIEF-FINRA fines Merrill Lynch $5 mln for failing to disclose material facts

* FINRA fines Merrill Lynch $5 mln for failing to disclose

material facts in sales of volatility-linked structured notes to

retail customers

Read more

GLOBAL MARKETS-Sterling, stocks surge as Brexit mood swings

LONDON, June 23 (Reuters) - Sterling climbed to a 2016 high

and world stocks rose for a fifth day running on Thursday, as

British voters headed to the polls for a referendum on their

European Union...

Read more

BRIEF-Turtle Beach amends credit agreements to facilitate strong headset demand

* Turtle Beach amends credit agreements, enhances working

capital position to facilitate strong headset demand

Read more

UPDATE 2-Brazil police arrest former Planning Minister Bernardo

BRASILIA, June 23 (Reuters) - Brazil police on Thursday said

they arrested former Minister Paulo Bernardo, who was indicted

earlier this year, and raided Workers Party offices in the

latest stage of...

Read more

Austrian chancellor says need fair competition for steel exports

BERLIN, June 23 (Reuters) - Austrian Chancellor Christian

Kern said he had agreed in talks with Germany's Angela Merkel on

Thursday that a level playing field was needed for steel exports

and that...

Read more

BRIEF-Daqo New Energy gets RMB500 million credit line approval

* Daqo New Energy obtains approval of RMB500 million credit

line from Chongqing Rural Commercial Bank

Read more

Electoral surge of far left likely to shake up Spanish politics

CORDOBA, Spain, June 23 (Reuters) - The parched olive groves

and tranquil towns of Spain's southern Cordoba province are an

unlikely backdrop for a political upset that could reverberate

across...

Read more

BRIEF-Gladstone Commercial files for offering of redeemable preferred stock up to $50 mln - sec filing

* Gladstone Commercial Corp files for offering of 7.00 pct

series d cumulative redeemable preferred stock up to $50.0 mln -

sec filing

Source text for Eikon: (http://1.usa.gov/28RM3BR)

Further...

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RUSSIA'S ULYUKAYEV SAYS DOES NOT RULE OUT THAT VEB COULD SELL GAZPROM'S ADRS BACK TO GAZPROM

RUSSIA'S ULYUKAYEV SAYS DOES NOT RULE OUT THAT VEB COULD SELL

GAZPROM'S ADRS BACK TO GAZPROM

Read more

UPDATE 1-China says looking at ways to lower corporate debt, but no systemic risk

BEIJING, June 23 (Reuters) - China's debt defaults will not

pose a systemic risk as long as economic growth remains within a

reasonable range, a state planning official said on Thursday.

Read more

EMERGING MARKETS-Emerging stocks struggle higher; EU vote weighs on C.Europe

By Karin Strohecker

LONDON, June 23 (Reuters) - Emerging assets were broadly

firmer on Thursday, though eastern European markets seesawed as

voting got under way in Britain's hotly contested EU...

Read more

Russian C.bank cuts inflation forecast for end-2016 to 5-6 pct

MOSCOW, June 23 (Reuters) - Russia's Central Bank said on

Thursday it had decreased its inflation forecast for the end of

2016 to between 5 and 6 percent.

Read more

JGBs mixed ahead of Brexit vote, underpinned by 20-year sale

TOKYO, June 23 (Reuters) - Japanese government bonds were

mixed on Thursday, with prices of longer maturities lifted by

solid results of a 20-year auction.

Read more

Wednesday, June 22, 2016

MIDEAST STOCKS - Factors to watch - June 23

DUBAI, June 23 (Reuters) - Here are some factors that may

affect Middle East stock markets on Thursday. Reuters has not

verified the press reports and does not vouch for their

accuracy.

Read more

Japan's FSA monitoring bank FX liquidity ahead of Brexit vote - sources

TOKYO, June 23 (Reuters) - Japan's financial regulator is

monitoring foreign currency liquidity among the country's banks

and brokerages ahead of Britain's closely-run referendum on

European Union...

Read more

PRESS DIGEST- British Business - June 23

June 23 - 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

UPDATE 1-BOJ's Kiuchi calls for review of negative rates, inflation goal timing

* Negative rate policy destabilising bond market

(Adds quotes, details)

Read more

Brazil's Oi says U.S. tribunal approves bankruptcy protection request

RIO DE JANEIRO, June 22 (Reuters) - Brazilian telecoms

provider Oi SA said on Wednesday a U.S. tribunal

approved its request for Chapter 15 bankruptcy protection.

Read more

GLOBAL MARKETS-Asia stocks, sterling rise as Brexit anxiety abates

* Latest polls show support for "Remain" in Thursday's UK

vote

Read more

BRIEF-Apple consummates issuance, sale of $1.4 bln aggregate principal amount of 4.15% notes due 2046

* On June 22, consummated issuance and sale of $1.4 billion

aggregate principal amount of its 4.15% notes due 2046 - SEC

filing

Read more

Pemex, First Reserve close to deal worth at least $500 mln

NEW YORK/MEXICO CITY, June 22 (Reuters) - U.S. private

equity firm First Reserve and Mexico's Pemex are nearing a sale

and leaseback agreement worth at least $500 million, sources

familiar with the...

Read more

BRIEF-Rocket Fuel enters into amendment to amended, restated revolving credit and term loan agreement

* On June 21, entered into amendment to amended and restated

revolving credit and term loan agreement - SEC filing

Source text (http://1.usa.gov/28QrANQ)

Further company coverage:

(Bengaluru...

Read more

BRIEF-On Deck Capital amended, restated one existing asset-backed revolving debt facilities

* On June 17 OnDeck account receivables trust 2013-1 LLC

amended, restated one of its existing asset-backed revolving

debt facilities

Read more

BRIEF-Jones Lang Lasalle expands credit facility

* Jll expands credit facility to reinforce strong financial

profile

Read more

GLOBAL MARKETS-Stocks fade but sterling robust on eve of Brexit vote

* Wall St dips with all eyes on British referendum

(Updates to U.S. market close)

Read more

LATAM CLOSE-No deals price in LatAm primary market

* Arcor to start roadshow to market bond

* Marfrig announces tender results

* Political rumors help PDVSA rally

By Mike Gambale and Paul Kilby

NEW YORK, June 22 (IFR) - No deals...

Read more

UPDATE 1-Funds, foreigners buy fewer U.S. 10-year notes in June

(Recasts lead, adds background)

NEW YORK, June 22 (Reuters) - Large investment managers and

overseas investors bought fewer U.S. 10-year Treasury notes in

June than a month ago, but their...

Read more

GLOBAL MARKETS-Sterling, stocks fade on eve of Brexit vote

* Yellen hints at no rate hike in July

(Updates market activity)

Read more

Brazil audit court judge sees cartel at Petrobras refinery

BRASILIA, June 22 (Reuters) - There is evidence of 16

Brazilian companies, including builders OAS and Odebrecht,

forming a cartel to divide up contracts for the Abreu e Lima

refinery in northeast...

Read more

BRIEF-Global Partners files for mixed shelf of up to $300 mln

* Global Partners Lp files for mixed shelf of up to

$300 million - SEC filing

Source text: http://1.usa.gov/28PKbJa

Further company coverage:

(Bengaluru Newsroom +91 80 6749-1130; within U.S. +1...

Read more

MOVES-Deutsche Bank hires Nessel to head US high-yield trading

NEW YORK, June 22 (Reuters) - Deutsche Bank has hired James

Nessel to run US high-yield trading, according to sources.

Read more

Brazil probe likely to hamper Eletrobras asset sales

SAO PAULO, June 22 (Reuters) - Several graft and bribes

probes into Centrais Elétricas Brasileiras SA could delay asset

sale plans at Brazil's state-controlled power holding company,

analysts and...

Read more

UPDATE 2-Ex-Deutsche Bank trader pleaded guilty in U.S. to Libor scheme -records

NEW YORK, June 22 (Reuters) - U.S. prosecutors have secured

a guilty plea from a second former Deutsche Bank AG

trader for conspiring to manipulate Libor, the benchmark

interest rate at the center...

Read more

Indirect bidders buy record share of U.S. 30-year TIPS

NEW YORK, June 22 (Reuters) - Indirect bidders that include

fund managers and foreign central banks on Wednesday purchased

their biggest ever share at an auction of U.S. 30-year Treasury

Inflation...

Read more

WRAPUP 1-U.S. existing home sales rise to more than 9-year high

WASHINGTON, June 22 (Reuters) - U.S. home resales rose in

May to a more than nine-year high as improving supply increased

choices for buyers, suggesting the economy remains on solid

footing despite a...

Read more

Banco do Brasil sees possible 3rd qtr rebound in consumer credit

SAO PAULO, June 22 (Reuters) - State-controlled Banco do

Brasil SA, the nation's largest bank by assets,

expects demand for consumer credit to slightly recover in the

third quarter, Raul Moreira,...

Read more

EU must develop further regardless of British vote - Polish PM

BERLIN, June 22 (Reuters) - The European Union must develop

further whatever the outcome of Thursday's referendum in Britain

on whether to remain in the 28-bloc, Polish Prime Minister Beata

Szydlo...

Read more

Main fund for U.S. Medicare program to exhaust reserves in 2028 -trustees

WASHINGTON, June 22 (Reuters) - The U.S. federal program

that pays elderly Americans' hospital bills will exhaust

reserves in 2028, two years sooner than last year's estimate,

trustees of the program...

Read more

BRIEF-Bank of Canada to auction C$1.3 bln of 11-day T-bills on June 23

June 22 (Reuters) - Bank of Canada to auction C$1.3 billion

of 11-day T-bills on June 23.

Read more

UPDATE 1-IMF sees U.S. economy in "good shape", too many in poverty

WASHINGTON, June 22 (Reuters) - The International Monetary

Fund said on Wednesday the U.S. economy was "overall in good

shape", with growth set to accelerate from recent setbacks

despite an...

Read more

Brazil may renegotiate BNDES debt with states, Temer says

BRASILIA, June 22 (Reuters) - Brazil's government may start

talks with states to renegotiate their debts with Brazilian

development bank BNDES, interim President Michel Temer said on

Wednesday in a...

Read more

No changes to Britain's February EU deal -Juncker

BRUSSELS, June 22 (Reuters) - European Commission President

Jean-Claude Juncker said on Wednesday that there would be no

changes to a package of measures that EU governments agreed with

Britain in...

Read more

BRIEF-Fed's Jerome Powell on Brexit decision - "We're ready for whatever happens"- CNBC

* Federal Reserve Governor Jerome Powell on Brexit decision

"We're ready for whatever happens"- CNBC

(Bengaluru Newsroom)

Read more

Britons' demand for foreign currency surges before EU vote - Post Office

LONDON, June 22 (Reuters) - Britain's Post Office on

Wednesday a reported a surge in demand for euros and U.S.

dollars in its local branches and online this week, ahead of

Thursday's referendum on...

Read more

BRIEF-Caesars Ent says first amended restructuring support and forbearance agreement becomes effective

* On june 21, first amended restructuring support and

forbearance agreement became effective as it was signed by

requisite consenting bank creditors

Read more

UPDATE 1-Beyond Brexit, easy central banks keep euro zone bonds in demand

* Greek yields fall on ECB waiver expectations

(Adds quote, German auction result)

Read more

BRIEF-Adcare Health says New Beginnings Care becomes debtor in possession

* New beginnings care, llc became a debtor in possession in

a series of bankruptcy cases jointly administered under new

beginnings care, llc, et al., bankr. e.d. Tn chattanooga

division

Read more

Funds hoard cash as safety blanket ahead of Brexit vote

LONDON, June 22 (Reuters) - British mutual funds are showing

their nervousness ahead of Thursday's vote on European Union

membership by holding more cash than at any time in the past

five years,...

Read more

Greek primary surplus target should be cut to 1.5-2 pct after 2018

ATHENS, June 22 (Reuters) - Greece's primary surplus budget

target beyond 2018 should be lowered to 1.5-2 percent of gross

domestic product, the country's Deputy Finance Minister George

Chouliarakis...

Read more

Most German industrial firms say Brexit won't hurt their business - Ifo

BERLIN, June 22 (Reuters) - Nearly two-thirds of German

industrial companies say a British exit from the European Union

won't hurt their business, a poll by the Ifo economic institute

showed on...

Read more

Spain's acting PM sees 2016 growth of over 3 pct regardless of Brexit

MADRID, June 22 (Reuters) - Spain's economy could expand by

more than 3 percent this year, above the government's official

forecast and regardless of the result of Britain's vote on

leaving the...

Read more

RPT-UBS warns Brexit volatility may affect trading after EU vote

LONDON, June 21 (Reuters) - Swiss investment bank UBS warned

its clients on Tuesday it may fail to execute some orders on its

electronic trading platform should this week's Brexit referendum

affect...

Read more

JGBs mostly edge up, underpinned by BOJ purchases

TOKYO, June 22 (Reuters) - Japanese government bonds mostly

edged up on Wednesday, underpinned by Bank of Japan buying as

well as wariness on the eve of Britain's vote on whether to

remain in the...

Read more

Brexit could force banks to relocate jobs away from London - EU's Hill

BERLIN, June 22 (Reuters) - Banks could be forced to

relocate jobs from London to Frankfurt and Paris if Britain

should decide to leave the European Union in its referendum on

Thursday, the EU's...

Read more

Tuesday, June 21, 2016

MIDEAST STOCKS - Factors to watch - June 22

DUBAI, June 22 (Reuters) - Here are some factors that may

affect Middle East stock markets on Wednesday. Reuters has not

verified the press reports and does not vouch for their

accuracy.

Read more

GLOBAL MARKETS-Asia stocks inch up, nerves fray ahead of Brexit vote

TOKYO/SINGAPORE, June 22 (Reuters) - Asian stocks edged up

on Wednesday as nervous investors counted down to Britain's

make-or-break European Union referendum, while Federal Reserve

Chair Janet...

Read more

UPDATE 1-Brazil says banks solid after Oi bankruptcy petition

SAO PAULO, June 21 (Reuters) - The bankruptcy petition of

mobile phone carrier Oi SA, the biggest ever in

Brazil, poses no threat to the country's state banks or the

wider financial system. the...

Read more

BRIEF-Universal American announces pricing of $100 mln private offering of convertible senior notes and stock repurchase

* Announces pricing of $100 million private offering of

convertible senior notes and stock repurchase

Read more

PRESS DIGEST- British Business - June 22

June 22 (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

UPDATE 1-Top U.S. regulators discuss possibility of Britain leaving EU - Treasury

WASHINGTON, June 21 (Reuters) - The heads of the U.S.

financial regulatory agencies, including Treasury Secretary Jack

Lew, conferred on Tuesday about the upcoming "Brexit" vote in a

regularly...

Read more

British landmarks lit up for 'Remain' campaign

LONDON, June 21 (Reuters) - Landmarks across Britain were

lit up on Tuesday night with Union Jack colours and projections

of the "Vote Remain" message as campaigning for Thursday's

referendum on the...

Read more

UBS warns Brexit volatility may affect trading after EU vote

LONDON, June 21 (Reuters) - Swiss investment bank UBS warned

its clients on Tuesday it may fail to execute some orders on its

electronic trading platform should this week's Brexit referendum

affect...

Read more

CANADA FX DEBT-C$ steady as oil falls then rallies, Fed cautious

(Adds comment, details on Fed, oil; updates prices to close)

* Canadian dollar settles at C$1.2811, or 78.06 U.S. cents

* Bond prices lower across the maturity curve

By Alastair Sharp

...

Read more

BRIEF-Pure Energy announces $5 million private placement

* Pure Energy Minerals Ltd says intends to use net proceeds

of offering for exploration and engineering work on Clayton

Valley south project

Read more

GLOBAL MARKETS-Brexit vote keeps investors on edge

* Brent crude oil dips briefly below $50 a barrel

(Updates to U.S. close)

Read more

Brazilian banks solid after Oi bankruptcy petition -central bank

SAO PAULO, June 21 (Reuters) - The bankruptcy petition of

mobile phone carrier Oi SA, the biggest ever in Brazil, poses no

threat to the country's financial system, central bank director

Aldo Mendes...

Read more

BRIEF-Telephone and Data Systems enters $400 mln credit agreement - SEC filing

* On June 15, entered into a $400 million credit agreement -

SEC filing

Source text - http://1.usa.gov/28N7J1t

Further company coverage:

Read more

UPDATE 1-West Africa gas pipeline cuts supply to Ghana over unpaid bills

ACCRA, June 21 (Reuters) - The West African Gas Pipeline

Company (Wapco) said on Tuesday it had suspended the flow of gas

from Nigeria to Ghana over unpaid bills by the Ghana government.

Read more

Detroit City Council approves bond refunding, pension funding

June 21 (Reuters) - The Detroit City Council on Tuesday

unanimously approved the issuance of up to $660 million of

refunding bonds to save an estimated $37 million and help pave

the city's return to...

Read more

BRIEF-Elbit Imaging says Plaza Centers signs EUR 42.5 mln development facility agreed for Belgrade Plaza

* Elbit imaging announces its subsidiary, Plaza Centers, has

announced 42.5 million development facility agreed for Belgrade

Plaza (visnjicka)

Read more

UPDATE 1-U.S. 5-year note sale gets weakest bid in 7 years

NEW YORK, June 21 (Reuters) - The U.S. government's

five-year note auction on Tuesday fetched its weakest overall

bid from traders and investors in nearly seven years amid

worries about Thursday's...

Read more

RPT-Dell software deal flexes Elliott's newly developed buyout muscle

NEW YORK/SAN FRANCISCO, June 20 (Reuters) - Elliott

Management Corp's deal to acquire Dell Inc's software assets

shows how the U.S. hedge fund and prominent activist investor is

stepping up its...

Read more

WRAPUP 1-Fed cautious on rates due to Brexit, hiring slowdown -Yellen

WASHINGTON, June 21 (Reuters) - Global risks and a U.S.

hiring slowdown warrant a cautious approach to raising interest

rates as the Federal Reserve looks for confirmation that the

country's economic...

Read more

GLOBAL MARKETS-Britain's sterling gives up gains but stocks edge higher

* Sterling retreats from 5 1/2-month high vs dollar, up vs

yen

Read more

UPDATE 1-Egypt budget deficit widens to 9.8 percent of GDP in first 10 months of 2015-16

CAIRO, June 21 (Reuters) - Rising public sector wages and

welfare costs caused Egypt's budget deficit to widen to 9.8

percent of gross domestic product in the first 10 months of the

financial year,...

Read more

UPDATE 1-Cyprus set for new 1 billion euro bond and buyback

* Talking to banks about new primary dealer network

(Adds details, quotes, background)

Read more

BRIEF-Broadridge Financial Solutions files for debt shelf with U.S. SEC

* Says files for debt shelf with U.S. SEC; size not

disclosed - SEC filing

Source - http://1.usa.gov/28LCllv

Further company coverage:

(Bengaluru Newsroom; +1 646 223 8780)

Read more

CANADA FX DEBT-C$ retreats from 1-week high as oil falls

* Canadian dollar at C$1.2820, or 78.00 U.S. cents

* Bond prices mixed across the maturity curve

TORONTO, June 21 (Reuters) - The Canadian dollar weakened

slightly against its U.S....

Read more

UPDATE 2-Turkish cenbank cuts rates, keeping policy easing drive on track

* Core inflation pressures a worry - analyst

(Adds details, analyst comment)

Read more

Germany's Schaeuble says EU must change however Britain votes

BERLIN, June 21 (Reuters) - The European Union must change

whether Britain votes to stay in or to leave the bloc in its

referendum on Thursday, German Finance Minister Wolfgang

Schaeuble said on...

Read more

UPDATE 1-Kazakh leader reshuffles top officials after protests, violence

ASTANA, June 21 (Reuters) - Kazakh leader Nursultan

Nazarbayev promoted political veteran Adilbek Zhaksybekov to the

powerful position of presidential chief of staff and reshuffled

a number of other...

Read more

EU needs to consolidate before deeper integration - Dijsselbloem

BERLIN, June 21 (Reuters) - The European Union should

prioritise getting its house in order over deeper integration,

Jeroen Dijsselbloem, the chairman of euro zone finance ministers

said on Tuesday.

Read more

UPDATE 1-Hungarian central bank leaves base rate on hold at 0.9 pct

BUDAPEST, June 21 (Reuters) - The National Bank of Hungary

left its main interest rate unchanged at a record low 0.9

percent on Tuesday, as expected, after saying it had completed

its rate cut cycle...

Read more

EMERGING MARKETS-Emerging assets broadly firmer; naira extends fall

By Sujata Rao

LONDON, June 21 (Reuters) - Emerging stocks extended gains

to ten-day highs on Tuesday, taking their cue from firmer world

equities and a weaker dollar while Nigeria's naira fell...

Read more

Euro zone reform efforts have "fallen by the wayside" with ECB easing - S&P

LONDON, June 21 (Reuters) - Euro zone governments' have

eased up on efforts to overhaul their struggling economies

because ultra-easy central bank policy has pushed their

borrowing costs to record...

Read more

Tradeweb to extend Friday operating hours due to UK referendum

LONDON, June 21 (Reuters) - Fixed income and derivatives

platform Tradeweb said it will extend its operating hours on

Friday across all European asset classes from 4 am (0300 GMT)

London time due to...

Read more

UPDATE 1-Top German court clears ECB's OMT scheme with minor limits

KARLSRUHE/FRANKFURT, June 21 (Reuters) - Germany's

Constitutional Court rejected on Tuesday a challenge of the

European Central Bank's emergency bond-buying scheme, placing

only minor limits on the...

Read more

Top German court clears ECB's OMT bond buying scheme

FRANKFURT, June 21 (Reuters) - Germany's Constitutional

Court rejected on Tuesday a challenge of the European Central

Bank's emergency bond-buying scheme, clearing a never-used

crisis fighting tool.

Read more

GLOBAL MARKETS-Sterling rises but stocks dip as Brexit keeps nerves taut

* Sterling hits seven-week high against dollar, rises versus

yen

Read more

CEE MARKETS-Zloty firms, forint idle before Hungary rate decision

BUDAPEST, June 21 (Reuters) - The Polish zloty

added to this week's gains in early trade on Tuesday as market

nerves over a possible Brexit eased, while Hungary's forint

was idle ahead of a monthly...

Read more

Greek current account gap shrinks in April on lower trade deficit

ATHENS, June 21 (Reuters) - Greece's current account deficit

shrank in April from the same month a year earlier, helped by a

lower trade gap and an income account surplus, the Bank of

Greece said on...

Read more

RPT-Soros says pound fall after Brexit would be bigger, more disruptive than 'Black Wednesday'

* Soros: pound could fall to below $1.15 from $1.46 after

Brexit

Read more

Monday, June 20, 2016

Inflation-adjusted U.S. state budgets return to pre-crisis peak - study

NEW YORK, June 21 (Reuters) - State budgets finally returned

to their pre-recession peaks in fiscal 2016 after eight years,

once adjusted for inflation, according to a survey published on

Tuesday.

Read more

RPT-Cracks emerge in the European consensus on Russia

* Debate over Russia policy flares as sanctions deadline

looms

Read more

UPDATE 2-BOJ April minutes show risks to economy, price growth persist

TOKYO, June 21 (Reuters) - Some Bank of Japan policymakers

believe overseas economies continue to pose downside risks to

Japan's economy and prices, minutes of its April policy meeting

showed on...

Read more

GLOBAL MARKETS-Asia shares pause, sterling stands tall as Brexit vote looms

TOKYO, June 21 (Reuters) - Asian shares got off to a

tentative start on Tuesday, as investors paused after a rally

triggered by growing expectations that British voters will opt

to remain in the...

Read more

Dell software deal flexes Elliott's newly developed buyout muscle

NEW YORK/SAN FRANCISCO, June 20 (Reuters) - Elliott

Management Corp's deal to acquire Dell Inc's software assets

shows how the U.S. hedge fund and prominent activist investor is

stepping up its...

Read more

UPDATE 1-Canada's provinces reach preliminary deal on pension plan reform

VANCOUVER, June 20 (Reuters) - Canada's provinces agreed in

principle on Monday to support a compromise plan to expand the

country's national pension plan that would see premiums raised

moderately...

Read more

Sports Direct, Modell's discuss joint bid for Sports Authority -WSJ

June 20 (Reuters) - British retailer Sports Direct

and New York City-based Modell's Sporting Goods are in talks for

a potential deal to buy as many as 200 stores of bankrupt

retailer Sports...

Read more

Alpha Natural reorganization plan not viable -U.S. government

CHICAGO, June 20 (Reuters) - The U.S. Department of Justice

has opposed a plan by coal producer Alpha Natural Resources

to sell valuable assets to its creditors, which it

said puts significant mine...

Read more

BRIEF-Key Energy, lenders to extend forbearance period from June 20 to July 18

* On June 17, 2016, co, lenders agreed to amend forbearance

agreements to extend forbearance period from June 20, 2016 to

July 18, 2016

Read more

BRIEF-EPR announces closing of Adelaar Infrastructure Bonds

* Sullivan County Infrastructure Local Development

Corporation has issued $110.0 million of series 2016 revenue

bonds

Read more

Brazil's Oi, units file for bankruptcy protection

SAO PAULO, June 20 (Reuters) - Oi SA and six subsidiaries

filed for bankruptcy protection in a Rio de Janeiro court on

Monday, after Brazil's most indebted phone carrier failed to

reach an agreement...

Read more

UPDATE 1-Brazil's Samarco, owners hire banks for debt talks -source

SAO PAULO, June 20 (Reuters) - Brazilian mining company

Samarco Mineração SA and owners Vale SA and BHP

Billiton Plc have hired banks to sound out creditors on

a potential renegotiation of $3.8...

Read more

BRIEF-Alon announces revised proposed debt arrangement filed with District Court

* Alon Blue Square announces revised proposed debt

arrangement filed with district court

Read more

BRIEF-Westar Energy offers investors $350 million in 'green bonds'

* Westar Energy offers investors $350 million in 'green

bonds'

Read more

BRIEF-Fitch downgrades Cablevision's IDR to 'B+;;outlook negative

* Fitch downgrades Cablevision's IDR to 'B+'; outlook

negative

Read more

UPDATE 4-Corruption probe nets NYC police officers, businessman

NEW YORK, June 20 (Reuters) - A wide-ranging corruption

probe in New York City led to charges on Monday against three

police officials and a businessman who prosecutors say schemed

to secure favors...

Read more

BRIEF-Canasil $2.4 mln non-brokered private placement increased to $2.6 mln

* Canasil $2,400,000 Non-Brokered private placement

over-subscribed and increased to $2,560,000

Read more

BRIEF-Fitch: Anthem block of Cigna Buy wouldn't likely hurt ratings

* Fitch: Anthem block of Cigna buy wouldn't likely hurt

ratings

Read more

Brazil's GPA denies top holder Casino plans to delist company

SAO PAULO, June 20 (Reuters) - GPA SA, Brazil's largest

diversified retailer, said on Monday that controlling

shareholder Casino Guichard Perrachon & Cie has plans to delist

the company in Brazil or...

Read more

UPDATE 1-Indian central bank chief hits back at detractors

MUMBAI, June 20 (Reuters) - India's central bank governor

Raghuram Rajan on Monday hit back at critics and defended his

record in fighting inflation and driving policy reform, in his

first public...

Read more

UPDATE 1-Chinese billionaire Tianqiao Chen raises stake in Lending Club

June 20 (Reuters) - Chinese billionaire Tianqiao Chen has

raised his stake in online lending platform Lending Club Corp

following the recent ouster of founder and Chief

Executive Renaud Laplanche.

Read more

BRIEF-Amerigas Partners says to issue notes

* Says to issue $1.35 billion aggregate principal amount of

senior notes due 2024 and 2026

Read more

BRIEF-Towerstream says announces $2.3 mln registered direct offering financing

June 20 (Reuters) - Towerstream Corporation Announces

$2,280,000 Registered Direct Offering Financing To Support

Continued Growth In Company's On

Read more

BRIEF-Cypress announces proposed $250 mln convertible notes offering

* Cypress semiconductor corp says intention to offer $250.0

million aggregate principal amount of convertible senior notes

due in 2022

Read more

RPT-With oil price near $50, resilient U.S. shale producers eye new chapter

HOUSTON, June 20 (Reuters) - Two years into the worst oil

price rout in a generation, large and mid-sized U.S. independent

producers are surviving and eyeing growth again as oil nears $50

a barrel,...

Read more

German exports to grow less than expected in 2016-head of BGA trade body

BERLIN, June 20 (Reuters) - German exports will grow less

than expected this year due to external risks, including a

British exit from the European Union and uncertainties ahead of

elections in the...

Read more

Serbia to grow 2.5 pct in 2016, deficit improving - Fiscal Council

BELGRADE, June 20 (Reuters) - The Serbian economy is

forecast to grow 2.5 percent in 2016, or perhaps even more, and

the fiscal deficit is seen at 2.5 percent of national output

compared to a planned...

Read more

Brexit would be a "poison" for economies in Europe - German trade body

BERLIN, June 20 (Reuters) - A British exit from the European

Union would be poison for the economies in Europe and there

would only be losers if Britain decided to leave the 28-bloc

this week, the...

Read more

BRIEF-Pacific Exploration & Production releases certain projected financial information

June 20 (Reuters) - Pacific Exploration & Production

Corporation :

Read more

Azerbaijan swings to current account deficit in Q1 - c.bank

BAKU, June 20 (Reuters) - Azerbaijan's current account

deficit totalled $432.1 million in the first quarter of this

year compared with a surplus of $56.7 million in January-March

2015, Azeri central...

Read more

Brexit could lead to political instability in EU: ECB's Makuch

VYSOKE TATRY, Slovakia, June 20 (Reuters) - Britain's

departure from the European Union could lead to political

instability within the bloc and slow down further integration,

European Central Bank...

Read more

JGBs slip as investors' risk appetite returns

TOKYO, June 20 (Reuters) - Japanese government bonds slipped

on Monday, as risk appetites were strengthened by opinion polls

showing British voters have swung and now favour remaining in

the European...

Read more

Sunday, June 19, 2016

RPT-Tracing the global market thread that could be unraveled by Brexit

LONDON, June 19 (Reuters) - If Britons vote to take their

country out of the European Union on June 23, no corner of the

global financial market complex will emerge unscathed.

Read more

GLOBAL MARKETS-Asia stocks gain as Brexit fears ebb slightly, safe-havens retreat

* MSCI Asia-Pacific index up 1 pct, Nikkei rises more than 2

pct

Read more

EU STATES MUST DO ALL TO PREVENT REVERSAL OF EUROPEAN INTEGRATION IN CASE OF BREXIT - STEINMEIER

EU STATES MUST DO ALL TO PREVENT REVERSAL OF EUROPEAN

INTEGRATION IN CASE OF BREXIT - STEINMEIER

Read more

China's Xi sees Serbia as milestone on new "Silk Road"

SMEDEREVO, Serbia, June 19 (Reuters) - Serbia could play a

significant role in Beijing's ambitious plan for a new "Silk

Road" to boost trade with Europe, Asia and Africa, Chinese

President Xi Jinping...

Read more

British pound rises more than 1 pct against dollar in early Asian trade

TOKYO, June 20 (Reuters) - The British pound gained more

than 1 percent against the dollar in early Monday Asian trade,

as momentum swung in favour for Britain to remain in the

European Union just...

Read more

UPDATE 1-Brexit could have domino effect in Eastern Europe - Luxembourg's Asselborn

BERLIN, June 19 (Reuters) - A British exit from the European

Union could trigger similar moves by other member states in

Eastern Europe, Luxembourg Foreign Minister Jean Asselborn said

in a German...

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TABLE-UAE May money supply growth slows, bank lending picks up

June 19 (Reuters) - Annual bank lending growth in the United

Arab Emirates accelerated in May but money supply (M3) growth

slowed, central bank data showed on Sunday.



UAE MONEY SUPPLY ...

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Brexit could have domino effect in Eastern Europe - Luxembourg's Asselborn

BERLIN, June 19 (Reuters) - A British exit from the European

Union could trigger similar moves by other member states in

Eastern Europe, Luxembourg Foreign Minister Jean Asselborn said

in a German...

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Saturday, June 18, 2016

UK's Sunday Times urges readers to vote for "Leave"

LONDON, June 18 (Reuters) - Britain's Sunday Times newspaper

called on its readers to vote to leave the European Union in

Thursday's referendum as a way to press for deeper reform of the

bloc, which...

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Britain's Mail on Sunday backs "Remain" in EU referendum

LONDON, June 18 (Reuters) - Britain's right-leaning Mail on

Sunday newspaper has endorsed the campaign to remain in the

European Union, its deputy news editor said on Saturday.

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