Sept 1 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wednesday, August 31, 2016
Brazil opts not to raise taxes to meet 2017 fiscal goal
BRASILIA, Aug 31 (Reuters) - Brazil's newly confirmed
President Michel Temer submitted to Congress a 2017 national
budget that limits spending as promised but steers clear of tax
hikes that analysts...
Read more
President Michel Temer submitted to Congress a 2017 national
budget that limits spending as promised but steers clear of tax
hikes that analysts...
Read more
UPDATE 1-Judge tosses lawsuit seeking Illinois bill payment
CHICAGO, Aug 31 (Reuters) - A judge on Wednesday dismissed a
lawsuit filed against Illinois by a coalition of social services
providers trying to force the state to pay more than $100
million in...
Read more
lawsuit filed against Illinois by a coalition of social services
providers trying to force the state to pay more than $100
million in...
Read more
BRIEF-Harris files for potential mixed shelf size not disclosed - SEC filing
* Files for potential mixed shelf; size not disclosed - SEC filing
Source - (http://bit.ly/2bCYCgu)
Further company coverage:
Read more
Source - (http://bit.ly/2bCYCgu)
Further company coverage:
Read more
UPDATE 1-Moody's warns of growing liquidity pressures for Illinois
CHICAGO, Aug 31 (Reuters) - Illinois' failure to enact a
full budget for a second straight fiscal year will exacerbate
the state's operating cash crunch and could prompt borrowing
from debt service...
Read more
full budget for a second straight fiscal year will exacerbate
the state's operating cash crunch and could prompt borrowing
from debt service...
Read more
BRIEF-Wells Fargo says promotion for Prime Student members with Amazon has ended
* Wells fargo says promotion for Prime Student members with
Amazon has ended; do not disclose the details of agreements with
partners
Further company coverage: [AMZN.O WFC.N]
Read more
Amazon has ended; do not disclose the details of agreements with
partners
Further company coverage: [AMZN.O WFC.N]
Read more
REFILE-UPDATE 2-Spain's acting PM loses confidence vote to form government
MADRID, Aug 31 (Reuters) - Spain's acting premier on
Wednesday lost a parliamentary confidence vote for a second term
after he failed to win enough support from the opposition,
bringing the country...
Read more
Wednesday lost a parliamentary confidence vote for a second term
after he failed to win enough support from the opposition,
bringing the country...
Read more
TREASURIES-Benchmark yields post biggest monthly rise in over a year
* Yields on 10-year on pace for most monthly gain since June
2015
* Two-year notes on pace for biggest gain since December
* Yields little moved on Wednesday after in-line ADP report
...
Read more
2015
* Two-year notes on pace for biggest gain since December
* Yields little moved on Wednesday after in-line ADP report
...
Read more
BRIEF-Delphi announces pricing of senior notes offering
* Delphi Automotive Plc Says Priced Eur 500 Million
Aggregate Principal Amount Of Its 1.600% Senior Notes Due 2028
Read more
Aggregate Principal Amount Of Its 1.600% Senior Notes Due 2028
Read more
LATAM CLOSE-No deals price in LatAm primary market
* BTG Pactual rehires LatAm syndicate head
* Cabei back to Formosa market
* Prosecutors want Oi to suspend shareholders meeting
* Citibank no longer paying agent on PDVSA bonds
By...
Read more
* Cabei back to Formosa market
* Prosecutors want Oi to suspend shareholders meeting
* Citibank no longer paying agent on PDVSA bonds
By...
Read more
MOVES: BTG Pactual rehires LatAm syndicate head
NEW YORK, Aug 31 (IFR) - Cynthia Powell is returning to BTG
Pactual in her former role as LatAm syndicate head in New York
just eight months after the Brazilian bank let her go, a source
told IFR on...
Read more
Pactual in her former role as LatAm syndicate head in New York
just eight months after the Brazilian bank let her go, a source
told IFR on...
Read more
Brazil's Rousseff will appeal impeachment to Supreme Court
BRASILIA, Aug 31 (Reuters) - Brazil's former President Dilma
Rousseff will appeal her impeachment to the Supreme Court, her
lawyer and former attorney general Jose Eduardo Cardozo told
journalists on...
Read more
Rousseff will appeal her impeachment to the Supreme Court, her
lawyer and former attorney general Jose Eduardo Cardozo told
journalists on...
Read more
BRIEF-Philip Morris International -entered into an agreement to extend term of its existing $3.5 billion revolving credit facility, dated as of Oct. 1, 2015
* Philip Morris International-entered into an agreement to
extend term of its existing $3.5 billion revolving credit
facility, dated as of oct. 1, 2015
Read more
extend term of its existing $3.5 billion revolving credit
facility, dated as of oct. 1, 2015
Read more
UPDATE 1-Cooperman on CNBC says U.S. equities 'fairly but fully valued'
NEW YORK, Aug 31 (Reuters) - Hedge fund investor Leon
Cooperman, the chief executive of Omega Advisors, said Wednesday
on CNBC that equity markets are "fairly but fully valued."
Read more
Cooperman, the chief executive of Omega Advisors, said Wednesday
on CNBC that equity markets are "fairly but fully valued."
Read more
U.S. oil output seen rising as stock sales fund acreage buys
Aug 31 (Reuters) - Large U.S. shale oil companies, flush
with cash raised through stock offerings, are gobbling up
properties in the Permian Basin straddling Texas and New Mexico,
a trend that could...
Read more
with cash raised through stock offerings, are gobbling up
properties in the Permian Basin straddling Texas and New Mexico,
a trend that could...
Read more
Irish cabinet fails to agree on Apple appeal, to meet again-source
DUBLIN, Aug 31 (Reuters) - Ireland's cabinet could not agree
on Wednesday on whether to appeal a European Commission ruling
against Dublin's tax dealings with Apple and will meet
for further talks...
Read more
on Wednesday on whether to appeal a European Commission ruling
against Dublin's tax dealings with Apple and will meet
for further talks...
Read more
CEE MARKETS-Currencies firm, investment plunge seen temporary
* Hungary, Poland investments post biggest fall in years
* Forint rebounds after U.S. ADP data
* Government bonds ease ahead of Hungarian auction
* Croatian Q2 GDP up 2.8 pct yr/yr,...
Read more
* Forint rebounds after U.S. ADP data
* Government bonds ease ahead of Hungarian auction
* Croatian Q2 GDP up 2.8 pct yr/yr,...
Read more
EMERGING MARKETS-Brazil real firms as impeachment vote looms
By Bruno Federowski
SAO PAULO, Aug 31 (Reuters) - The Brazilian real firmed on
Wednesday hours before the country's Senate was expected to vote
to remove President Dilma Rousseff from office and...
Read more
SAO PAULO, Aug 31 (Reuters) - The Brazilian real firmed on
Wednesday hours before the country's Senate was expected to vote
to remove President Dilma Rousseff from office and...
Read more
UPDATE 2-Faced with crunch, Tesla plans to raise additional cash this year
Aug 31 (Reuters) - Facing a severe cash crunch, Tesla Motors
Inc plans to raise additional money this year to help
fund development and production of its new Model 3 sedan and
build out a giant...
Read more
Inc plans to raise additional money this year to help
fund development and production of its new Model 3 sedan and
build out a giant...
Read more
UPDATE 1-Brazil primary deficit smaller than expected in July
BRASILIA, Aug 31 (Reuters) - Brazil posted its biggest ever
primary budget deficit for the month of July as revenues
continue to drop, but still managed to beat market expectations
for a much wider...
Read more
primary budget deficit for the month of July as revenues
continue to drop, but still managed to beat market expectations
for a much wider...
Read more
UPDATE 1-Brazil's Senate expected to dismiss Rousseff in impeachment vote
BRASILIA, Aug 31 (Reuters) - Brazil's Senate is expected to
vote on Wednesday to dismiss President Dilma Rousseff,
finalizing a nine-month impeachment process and confirming the
country's shift to...
Read more
vote on Wednesday to dismiss President Dilma Rousseff,
finalizing a nine-month impeachment process and confirming the
country's shift to...
Read more
Brazil posts primary budget deficit of 12.8 bln reais in July
BRASILIA, Aug 31 (Reuters) - Brazil posted a primary budget
deficit of 12.816 billion reais ($3.97 billion) in
July, central bank data showed on Wednesday, a much smaller
shortfall than expected by...
Read more
deficit of 12.816 billion reais ($3.97 billion) in
July, central bank data showed on Wednesday, a much smaller
shortfall than expected by...
Read more
UPDATE 1-Call center software maker Genesys to buy rival Interactive
Aug 31 (Reuters) - Genesys Telecommunications Laboratories
Inc, a provider of call center software, said it would buy rival
Interactive Intelligence Group Inc for about $1.4
billion.
Read more
Inc, a provider of call center software, said it would buy rival
Interactive Intelligence Group Inc for about $1.4
billion.
Read more
Bill Gross steps up criticism of Fed, central banks for zero rates
NEW YORK, Aug 31 (Reuters) - Bond investor Bill Gross ramped
up his criticism of the Federal Reserve on Wednesday,
characterizing chair Janet Yellen and her predecessors and
contemporaries at other...
Read more
up his criticism of the Federal Reserve on Wednesday,
characterizing chair Janet Yellen and her predecessors and
contemporaries at other...
Read more
BRIEF-Las vegas sands unit borrowed U.S. Dollar equivalent of nearly US$1 billion of new initial term loans
* Unit borrowed U.S. Dollar equivalent of approximately US$1
billion of new initial term loans
Source text: [http://bit.ly/2bAMhQ1]
Further company coverage:
Read more
billion of new initial term loans
Source text: [http://bit.ly/2bAMhQ1]
Further company coverage:
Read more
CEE MARKETS-Forint eases, investment plunge seen temporary
* Hungary, Poland investments post biggest fall in years
* Forint reaction is muted, investments are seen rebounding
* Hungarian bonds ease ahead of auction, key U.S. data
* Slovenian GDP...
Read more
* Forint reaction is muted, investments are seen rebounding
* Hungarian bonds ease ahead of auction, key U.S. data
* Slovenian GDP...
Read more
Russia to freeze accumulative pension contributions again in 2017 - deputy PM
MOSCOW, Aug 31 (Reuters) - Russia will again freeze
accumulative pension contributions in 2017 because budget
proposals do not include a transfer of money to the state
pension fund, Russian news...
Read more
accumulative pension contributions in 2017 because budget
proposals do not include a transfer of money to the state
pension fund, Russian news...
Read more
Franklin Templeton's Hasenstab: yen strength "stifling" economy
LONDON, Aug 31 (Reuters) - Franklin Templeton's Michael
Hasentab said on Wednesday that strength in the yen was
"stifling" the Japanese economy, while the fund favoured a short
position on the euro...
Read more
Hasentab said on Wednesday that strength in the yen was
"stifling" the Japanese economy, while the fund favoured a short
position on the euro...
Read more
REFILE-GLOBAL MARKETS-US 10-yr yield on course for biggest monthly rise in over a year
LONDON, Aug 31 (Reuters) - Bond yields rose on Wednesday,
with 10-year U.S. Treasury yields on course for their biggest
monthly rise in over a year as investors continued to build up
bets that the...
Read more
with 10-year U.S. Treasury yields on course for their biggest
monthly rise in over a year as investors continued to build up
bets that the...
Read more
Spain's Socialists to vote against government, raising risk of new election
MADRID, Aug 31 (Reuters) - Spain's Socialists will vote
against the government of acting Prime Minister Mariano Rajoy in
a confidence vote on Wednesday, party leader Pedro Sanchez told
parliament,...
Read more
against the government of acting Prime Minister Mariano Rajoy in
a confidence vote on Wednesday, party leader Pedro Sanchez told
parliament,...
Read more
UPDATE 1-World Bank's guidance for landmark SDR bonds in China points to challenges
SHANGHAI/HONG KONG, Aug 31 (Reuters) - The World Bank has
set an indicative yield range for its three-year Special Drawing
Right (SDR) bonds for sale in China at yields well below those
for similar...
Read more
set an indicative yield range for its three-year Special Drawing
Right (SDR) bonds for sale in China at yields well below those
for similar...
Read more
Tuesday, August 30, 2016
BOJ's Funo says hard for central bank to buy foreign bonds
NIIGATA, Japan, Aug 31 (Reuters) - Bank of Japan board
member Yukitoshi Funo said on Wednesday it would be hard for the
central bank to buy foreign bonds as it could infringe on the
government's...
Read more
member Yukitoshi Funo said on Wednesday it would be hard for the
central bank to buy foreign bonds as it could infringe on the
government's...
Read more
RPT-INSIGHT-Cheap money exposes weakness of German banks
FRANKFURT, Aug 30 (Reuters) - European Central Bank
money-printing has exposed the fault lines in Germany's banking
system, forcing its sprawling network of lenders to rethink
their business models...
Read more
money-printing has exposed the fault lines in Germany's banking
system, forcing its sprawling network of lenders to rethink
their business models...
Read more
GLOBAL MARKETS-Asian shares ease, taking cue from Wall Street, oil slips
TOKYO, Aug 31 (Reuters) - Asian shares eased on Wednesday
following modest losses on Wall Street, but were still on track
for a monthly rise as investors waited to see if upcoming job
data could prod...
Read more
following modest losses on Wall Street, but were still on track
for a monthly rise as investors waited to see if upcoming job
data could prod...
Read more
EMERGING MARKETS-Latam currencies weaken on Fed official's comments, U.S. data
(Adds final prices)
By Bruno Federowski
SAO PAULO, Aug 30 (Reuters) - Latin American currencies
weakened on Tuesday as comments by a high-ranking Federal
Reserve policymaker and strong U.S....
Read more
By Bruno Federowski
SAO PAULO, Aug 30 (Reuters) - Latin American currencies
weakened on Tuesday as comments by a high-ranking Federal
Reserve policymaker and strong U.S....
Read more
BRIEF-Performance Sports extends deadline for filing its annual report on form 10-k
* Executes amendments with lenders extending deadline for
filing its annual report on form 10-k
Read more
filing its annual report on form 10-k
Read more
BRIEF-Foresight Energy completes global restructuring
* Completed an out-of-court restructuring of more than $1.4
billion in indebtedness pursuant to terms of transaction support
agreements
Read more
billion in indebtedness pursuant to terms of transaction support
agreements
Read more
BRIEF-Ferro amends its senior credit agreement
* Amended its senior credit agreement by entering into
second incremental assumption agreement
Read more
second incremental assumption agreement
Read more
CANADA FX DEBT-C$ weakens to nearly 3-week low; technicals weigh
(Adds trader comment, updates prices to close)
* Canadian dollar settles at C$1.3096, or 76.36 U.S. cents
* Loonie touches weakest since Aug. 10 at C$1.3103
* Canadian bond prices...
Read more
* Canadian dollar settles at C$1.3096, or 76.36 U.S. cents
* Loonie touches weakest since Aug. 10 at C$1.3103
* Canadian bond prices...
Read more
BRIEF-Sterling National Bank announces pricing of subordinated notes offering
* Priced a private offering of $65 million aggregate
principal amount of its 5.25 percent fixed-to-floating rate
subordinated notes due 2026
Source text for Eikon:
Further company coverage:
Read more
principal amount of its 5.25 percent fixed-to-floating rate
subordinated notes due 2026
Source text for Eikon:
Further company coverage:
Read more
BRIEF-S&P says Texas Water Development Board's 2016 revenue bonds rated 'AAA'
* Texas Water Development Board's 2016 revenue bonds rated
'AAA', other ratings affirmed at 'AAA'
Source text (http://bit.ly/2cp9Fjq)
Read more
'AAA', other ratings affirmed at 'AAA'
Source text (http://bit.ly/2cp9Fjq)
Read more
IMF forecasts Senegal's GDP growth above 6 pct
DAKAR, Aug 30 (Reuters) - Senegal's economy is healthy and
GDP should grow more than 6 percent this year and next, while
its budget deficit will fall from a projected 4.2 percent of GDP
this year to...
Read more
GDP should grow more than 6 percent this year and next, while
its budget deficit will fall from a projected 4.2 percent of GDP
this year to...
Read more
BRIEF-Moody's rates Coca-Cola's new Euro notes at Aa3
* Moody's on Coca-Cola - All other ratings for the company
remain unchanged. The outlook is stable
Source text for Eikon:
Further company coverage:
Read more
remain unchanged. The outlook is stable
Source text for Eikon:
Further company coverage:
Read more
France's Macron says to make proposals to "transform" France
PARIS, Aug 30 (Reuters) - France's outgoing economy minister
Emmanuel Macron said on Tuesday after resigning from government
that he would present proposals to transform France, but stopped
short of...
Read more
Emmanuel Macron said on Tuesday after resigning from government
that he would present proposals to transform France, but stopped
short of...
Read more
Caesars gets brief reprieve in bondholder lawsuit
Aug 30 (Reuters) - A federal judge on Tuesday postponed a
key hearing in a bondholder lawsuit against Caesars
Entertainment Corp until next month after a last-minute
court ruling granted the casino...
Read more
key hearing in a bondholder lawsuit against Caesars
Entertainment Corp until next month after a last-minute
court ruling granted the casino...
Read more
BRIEF-Moody's says declining volatility signals third-quarter growth for U.S. asset managers
* A combination of declining volatility and a sustained
rally in riskier assets signals third-quarter growth for US
asset managers
Source text for Eikon:
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rally in riskier assets signals third-quarter growth for US
asset managers
Source text for Eikon:
Read more
BRIEF-Xinyuan announces issuance of US$300 million of 8.125% senior notes due in 2019
* Xinyuan Real Estate Co., Ltd. announces issuance of US$300
million of 8.125% senior notes due in 2019
Read more
million of 8.125% senior notes due in 2019
Read more
UPDATE 1-South Africa's ANC backs Gordhan but warns ministers to obey police summons
JOHANNESBURG, Aug 30 (Reuters) - South Africa's ruling party
backed Finance Minister Pravin Gordhan on Tuesday but said
ministers should obey police summons issued during
investigations, days after...
Read more
backed Finance Minister Pravin Gordhan on Tuesday but said
ministers should obey police summons issued during
investigations, days after...
Read more
UPDATE 1-Canada current account deficit hits near-record C$19.86 bln
OTTAWA, Aug 30 (Reuters) - Canada's current account deficit
widened to a near-record C$19.86 billion ($15.28 billion) in the
second quarter as the value of exports continued to sink,
Statistics...
Read more
widened to a near-record C$19.86 billion ($15.28 billion) in the
second quarter as the value of exports continued to sink,
Statistics...
Read more
S.Africa's ANC says police must not "humiliate" Gordhan
JOHANNESBURG, Aug 30 (Reuters) - A police investigation into
South African Finance Minister Pravin Gordhan should be carried
out in a manner that does not "humiliate" the minister, African
National...
Read more
South African Finance Minister Pravin Gordhan should be carried
out in a manner that does not "humiliate" the minister, African
National...
Read more
GLOBAL MARKETS-Fed bets boost dollar, EU tax bill bites Apple
LONDON, Aug 30 (Reuters) - U.S. interest rate rise
expectations pushed the dollar up for a seventh time in eight
days on Tuesday, while Wall Street dealers braced for a bruising
session for Apple...
Read more
expectations pushed the dollar up for a seventh time in eight
days on Tuesday, while Wall Street dealers braced for a bruising
session for Apple...
Read more
GLOBAL MARKETS-Dollar, shares rise on expectations for a U.S. rate increase
LONDON, Aug 30 (Reuters) - Growing expectations the Federal
Reserve will raise U.S. interest rates this year pushed the
dollar up for a seventh time in eight days on Tuesday. Stocks
rose.
Read more
Reserve will raise U.S. interest rates this year pushed the
dollar up for a seventh time in eight days on Tuesday. Stocks
rose.
Read more
EMERGING MARKETS-Stocks recoup losses, Fed headwinds stay on FX
LONDON, Aug 30 (Reuters) - Emerging market stocks bounced on
Tuesday as investors shrugged off the previous session's U.S.
rate hike nerves but currencies including the rand and the lira
struggled to...
Read more
Tuesday as investors shrugged off the previous session's U.S.
rate hike nerves but currencies including the rand and the lira
struggled to...
Read more
Ireland "disagrees profoundly" with EU on Apple tax bill
DUBLIN, Aug 30 (Reuters) - Ireland disagrees profoundly with
the European Commission's ruling against its tax dealings with
Apple Inc, Finance Minister Michael Noonan said on
Tuesday ahead of seeking...
Read more
the European Commission's ruling against its tax dealings with
Apple Inc, Finance Minister Michael Noonan said on
Tuesday ahead of seeking...
Read more
Brexit angst prompts UK services firms to cut expansion plans-CBI
LONDON, Aug 30 (Reuters) - Optimism among Britain's services
companies has fallen sharply, with investment plans at their
leanest for more than four years, as employers wait for clearer
signs of what...
Read more
companies has fallen sharply, with investment plans at their
leanest for more than four years, as employers wait for clearer
signs of what...
Read more
Italy prepares to sell bonds as political hurdles loom
LONDON, Aug 30 (Reuters) - Italy is set to lead a surge in
euro zone government bond supply on Tuesday in what would be the
first major test of investor sentiment after concerns over the
future of...
Read more
euro zone government bond supply on Tuesday in what would be the
first major test of investor sentiment after concerns over the
future of...
Read more
RPT-Options sought as Merkel's radio silence complicates path to soft Brexit landing
BERLIN, Aug 29 (Reuters) - Triggering the procedure for
Britain to exit the European Union is like turning off the
engines on an airplane, a top European diplomat says: best only
do it if you can see...
Read more
Britain to exit the European Union is like turning off the
engines on an airplane, a top European diplomat says: best only
do it if you can see...
Read more
BRIEF-Moody's changes Canadian Solar's outlook to negative from stable
* Changed outlook on canadian solar to negative from
stable reflecting co's increased financial leverage,tightened
liquidity resulting from slower than expected monetization of
its solar power...
Read more
stable reflecting co's increased financial leverage,tightened
liquidity resulting from slower than expected monetization of
its solar power...
Read more
Monday, August 29, 2016
COLUMN-Kiss it goodbye, the great buyback boom is on the wane: James Saft
Aug 30 (Reuters) - The great stock buyback boom may be on
the wane, undermined by falling company earnings.
Read more
the wane, undermined by falling company earnings.
Read more
JGBs gain, upbeat 2-year auction lifts shorter-dated maturities
TOKYO, Aug 30 (Reuters) - Japanese government bond prices
gained on Monday with the market tracking an overnight rise by
U.S. Treasuries.
Read more
gained on Monday with the market tracking an overnight rise by
U.S. Treasuries.
Read more
GLOBAL MARKETS-Asia stocks bounce as investors second-guess Fed again
SYDNEY, Aug 30 (Reuters) - Asian shares bounced on Tuesday
as doubts the Federal Reserve really would hike interest rates
as soon as September restrained the dollar, while investors
continued to...
Read more
as doubts the Federal Reserve really would hike interest rates
as soon as September restrained the dollar, while investors
continued to...
Read more
UPDATE 4-Defiant Rousseff says Brazil's democracy on trial with her
BRASILIA, Aug 29 (Reuters) - A defiant President Dilma
Rousseff warned on Monday that her conservative opponents were
trampling on Brazil's democracy by using trumped-up charges to
oust her and roll...
Read more
Rousseff warned on Monday that her conservative opponents were
trampling on Brazil's democracy by using trumped-up charges to
oust her and roll...
Read more
PRESS DIGEST- Financial Times - Aug 30
Aug 30 (Reuters) - The following are the top stories in the
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
Financial Times. Reuters has not verified these stories and does
not vouch for their accuracy.
Read more
BRIEF-Fitch affirms AIG's ratings outlook stable
* Fitch affirms AIG's ratings; outlook stable
Source text for Eikon:
Further company coverage:
Read more
Source text for Eikon:
Further company coverage:
Read more
TREASURIES-Foreign demand boosts prices after Friday selloff
* Bond buying by overseas investors pushes prices back up
* Prices fell Friday after Yellen's rate-hike remarks
* Solid U.S. consumer spending boosts prospect of Fed rate
hike
(Updates to...
Read more
* Prices fell Friday after Yellen's rate-hike remarks
* Solid U.S. consumer spending boosts prospect of Fed rate
hike
(Updates to...
Read more
BRIEF-Moody's assigns Aa3 to Illinois Housing Development Authority's HMRB 2016 B & C
* Moody's assigns Aa3 to Illinois Housing Development
Authority's HMRB 2016 B & C; Outlook positive
Read more
Authority's HMRB 2016 B & C; Outlook positive
Read more
Bankrupt Samson Resources, creditors reach restructuring deal
Aug 29 (Reuters) - Samson Resources Corp, one of the largest
energy companies to seek bankruptcy in the current commodities
slump, reached a new agreement with creditors that aims to bring
the...
Read more
energy companies to seek bankruptcy in the current commodities
slump, reached a new agreement with creditors that aims to bring
the...
Read more
BRIEF-Claire's Stores Inc announces amendments to exchange offer execution
* Claire's Stores, Inc. announces amendments to exchange
offer; execution of support agreement; extension of early tender
time and expiration time
Read more
offer; execution of support agreement; extension of early tender
time and expiration time
Read more
UPDATE 1-Shareholder calls for strategic review at Ambac Financial
Aug 29 (Reuters) - Shareholder Joseph Pirinea said on Monday
he was pushing bond insurer Ambac Financial Group to
hire an investment bank to review strategic alternatives.
Read more
he was pushing bond insurer Ambac Financial Group to
hire an investment bank to review strategic alternatives.
Read more
TREASURIES-Prices rise on foreign demand, hold gains after spending data
* Prices fell Friday after Yellen's rate-hike remarks
* Bond buying continues on strong consumer spending data
By Dion Rabouin
NEW YORK, Aug 29 (Reuters) - U.S. Treasury prices rose...
Read more
* Bond buying continues on strong consumer spending data
By Dion Rabouin
NEW YORK, Aug 29 (Reuters) - U.S. Treasury prices rose...
Read more
UPDATE 2-Chinese-owned Zhongwang USA to buy aluminum products maker Aleris
Aug 29 (Reuters) - Zhongwang USA LLC, a division of China's
Zhongwang International Group Ltd., said on Monday it would buy
U.S.-based aluminum rolled products maker Aleris Corp
from a fund group in...
Read more
Zhongwang International Group Ltd., said on Monday it would buy
U.S.-based aluminum rolled products maker Aleris Corp
from a fund group in...
Read more
Shareholder calls for strategic review at Ambac Financial
Aug 29 (Reuters) - Activist shareholder Joseph Pirinea said
on Monday bond insurer Ambac Financial Group should
hire an investment bank to review strategic alternatives.
Read more
on Monday bond insurer Ambac Financial Group should
hire an investment bank to review strategic alternatives.
Read more
Brazil's Rousseff appears before Senate in impeachment trial
BRASILIA, Aug 29 (Reuters) - Suspended President Dilma
Rousseff appeared before Brazil's Senate on Monday to defend
herself from charges of breaking budget laws in an impeachment
trial that is...
Read more
Rousseff appeared before Brazil's Senate on Monday to defend
herself from charges of breaking budget laws in an impeachment
trial that is...
Read more
BRIEF-Omnova Solutions-Refinancing of term loan facility & senior revolving credit facility
* Omnova Solutions reduces financing costs and extends
maturity with refinancing of its long term debt
Read more
maturity with refinancing of its long term debt
Read more
BRIEF-Nextera Energy reaches agreements with global financial institutions for Oncor transaction
* Nextera Energy reaches agreements with global financial
institutions for Oncor transaction
Read more
institutions for Oncor transaction
Read more
BRIEF-AK Steel enters settlement agreement with Magnetation and units in chapter 11 bankruptcy
* Entered into global settlement agreement with Magnetation
LLC and its affiliates in chapter 11 bankruptcy - SEC Filing
Read more
LLC and its affiliates in chapter 11 bankruptcy - SEC Filing
Read more
UPDATE 1-Greek economy grows in second quarter, strong rebound elusive
(Adds economist comment, details)
ATHENS, Aug 29 (Reuters) - Greece's economy grew in the
second quarter although the 0.2 percent expansion was slower
than previously estimated due to weaker...
Read more
ATHENS, Aug 29 (Reuters) - Greece's economy grew in the
second quarter although the 0.2 percent expansion was slower
than previously estimated due to weaker...
Read more
BRIEF-Nam Tai property announces strategic cooperation agreement with China Construction Bank
* Nam Tai Property Inc. announces strategic cooperation
agreement with china construction bank corporation, Shenzhen
branch
Read more
agreement with china construction bank corporation, Shenzhen
branch
Read more
RPT-PREVIEW-China Aug official PMI likely to show steadying but at weak levels
BEIJING, Aug 29 (Reuters) - Activity in China's
manufacturing sector likely shrank for a second straight month
in August but at a marginal pace, a Reuters poll showed,
suggesting the economy is...
Read more
manufacturing sector likely shrank for a second straight month
in August but at a marginal pace, a Reuters poll showed,
suggesting the economy is...
Read more
Sunday, August 28, 2016
Brazil's Dilma Rousseff takes stand in impeachment trial
BRASILIA, Aug 29 (Reuters) - Suspended President Dilma
Rousseff will make a last stand in Brazil's Senate on Monday in
an impeachment trial that is widely expected to remove her from
office and end...
Read more
Rousseff will make a last stand in Brazil's Senate on Monday in
an impeachment trial that is widely expected to remove her from
office and end...
Read more
D.E. Shaw set to enter race for SunEdison's TerraForm Power-sources
Aug 28 (Reuters) - Hedge fund manager D.E. Shaw & Co LP is
weighing a bid for SunEdison Inc's controlling stake
in TerraForm Power Inc, the bankrupt U.S. renewable
energy producer's most valuable...
Read more
weighing a bid for SunEdison Inc's controlling stake
in TerraForm Power Inc, the bankrupt U.S. renewable
energy producer's most valuable...
Read more
Schaeuble says Germany must stick to no new debt policy after 2017 election
BERLIN, Aug 28 (Reuters) - German Finance Minister Wolfgang
Schaeuble said on Sunday it was important that Germany sticks to
its fiscal policy of taking on no new debt after next year's
federal...
Read more
Schaeuble said on Sunday it was important that Germany sticks to
its fiscal policy of taking on no new debt after next year's
federal...
Read more
SNB's Maechler currently sees no scope to lift negative rates - interview
ZURICH, Aug 28 (Reuters) - The Swiss National Bank remains
committed to negative interest rates and currently sees no
opportunity to lift the policy, governing board member Andrea
Maechler told Swiss...
Read more
committed to negative interest rates and currently sees no
opportunity to lift the policy, governing board member Andrea
Maechler told Swiss...
Read more
Saturday, August 27, 2016
As Fed nears rate hikes, policymakers plan for 'brave new world'
JACKSON HOLE, Wyo., Aug 27 (Reuters) - Federal Reserve
policymakers are signaling they could raise U.S. interest rates
soon but they are already weighing new tools they may need to
fight the next...
Read more
policymakers are signaling they could raise U.S. interest rates
soon but they are already weighing new tools they may need to
fight the next...
Read more
Coeure says "half-baked" govt reforms not helping ECB outlook
JACKSON HOLE, Wyo., Aug 27 (Reuters) - Economic reforms by
European governments have so far been "half-baked and
half-hearted," and not helped authorities reach their inflation
goals, European...
Read more
European governments have so far been "half-baked and
half-hearted," and not helped authorities reach their inflation
goals, European...
Read more
Global central bankers, stuck at zero, unite in plea for help from govts
JACKSON HOLE, Wyo., Aug 27 (Reuters) - Central bankers in
charge of the vast bulk of the world's economy delved deep into
the weeds of money markets and interest rates over a three-day
conference...
Read more
charge of the vast bulk of the world's economy delved deep into
the weeds of money markets and interest rates over a three-day
conference...
Read more
Greece PM says EU sleepwalking toward cliff, wants debt relief by end 2016
ATHENS, Aug 27 (Reuters) - Greece said on Sunday the EU was
"sleepwalking towards a cliff" by sticking to austerity rules
that created huge inequalities among members, and it expected a
debt relief...
Read more
"sleepwalking towards a cliff" by sticking to austerity rules
that created huge inequalities among members, and it expected a
debt relief...
Read more
Fed should keep trillions in bonds to provide stability - paper
Aug 27 (Reuters) - The U.S. Federal Reserve should scrap a
plan to shrink its massive bond holdings and instead keep them
"indefinitely" as a new and little-recognized tool to protect
against...
Read more
plan to shrink its massive bond holdings and instead keep them
"indefinitely" as a new and little-recognized tool to protect
against...
Read more
UPDATE 3-Tunisia's new government wins parliamentary approval, eyes austerity
TUNIS, Aug 26 (Reuters) - Tunisia's new government won a
confidence vote late on Friday after the Prime Minister Youssef
Chahed warned in Parliament an austerity programme will be
inevitable with...
Read more
confidence vote late on Friday after the Prime Minister Youssef
Chahed warned in Parliament an austerity programme will be
inevitable with...
Read more
UPDATE 1-Venezuela says signs $5.5 bln mining deals with companies
CARACAS, Aug 26 (Reuters) - Venezuela has signed over $5.5
billion in mining deals with companies including Canada's
Barrick Gold Corp and China's Shandong Gold, President
Nicolas Maduro said on...
Read more
billion in mining deals with companies including Canada's
Barrick Gold Corp and China's Shandong Gold, President
Nicolas Maduro said on...
Read more
UPDATE 1-Sycamore Partners, liquidators bid on bankrupt U.S. teen retailer Aeropostale
NEW YORK, Aug 26 (Reuters) - Bankrupt U.S. teen retailer
Aeropostale Inc received bids this week for its
business from private equity firm Sycamore Partners, as well as
liquidators, firms that wind...
Read more
Aeropostale Inc received bids this week for its
business from private equity firm Sycamore Partners, as well as
liquidators, firms that wind...
Read more
Friday, August 26, 2016
Fed's Yellen says case for interest rate hike has strengthened
JACKSON HOLE, Wyo., Aug 26 (Reuters) - The case for raising
U.S. interest rates has strengthened in recent months because of
improvements in the labor market and expectations for moderate
economic...
Read more
U.S. interest rates has strengthened in recent months because of
improvements in the labor market and expectations for moderate
economic...
Read more
LPC: Private equity firms put more capital, less debt into LBOs
NEW YORK, Aug 26 (Reuters) - Higher company valuations and
lenders wary of risky investments are pushing private equity
firms to increase the size of equity contributions, or checks,
for leveraged...
Read more
lenders wary of risky investments are pushing private equity
firms to increase the size of equity contributions, or checks,
for leveraged...
Read more
CORRECTED-Brazil lower house unlikely to pass tax hikes, speaker tells newspaper
SAO PAULO, Aug 26 (Reuters) - The Brazilian lower house of
Congress is unlikely to pass any plan to raise taxes to cover a
swelling budget deficit, Speaker Rodrigo Maia told Valor
Econômico newspaper...
Read more
Congress is unlikely to pass any plan to raise taxes to cover a
swelling budget deficit, Speaker Rodrigo Maia told Valor
Econômico newspaper...
Read more
Spain to issue three bonds on Thursday, plus inflation-linked paper
MADRID, Aug 26 (Reuters) - Spain will issue bonds due 2019,
2026 and 2046 and an inflation-linked paper due 2030 at its
scheduled debt auction next Thursday, the Treasury said on
Friday.
Read more
2026 and 2046 and an inflation-linked paper due 2030 at its
scheduled debt auction next Thursday, the Treasury said on
Friday.
Read more
Bullard agnostic on timing of Fed hike; cites tech stocks -CNBC
Aug 26 (Reuters) - The Federal Reserve could hike U.S.
interest rates this year, St. Louis Fed President James Bullard
said on Friday, noting the central bank would have to watch out
for risky...
Read more
interest rates this year, St. Louis Fed President James Bullard
said on Friday, noting the central bank would have to watch out
for risky...
Read more
MONEY MARKETS-Dollar Libor hits 7-year high ahead of Yellen
NEW YORK, Aug 26 (Reuters) - A gauge on what banks charge
each other to borrow dollars for three months rose on Friday to
its highest level in more than seven years, ahead of a highly
anticipated...
Read more
each other to borrow dollars for three months rose on Friday to
its highest level in more than seven years, ahead of a highly
anticipated...
Read more
UPDATE 1-Euro zone bond yields creep up as markets put Yellen in sight
LONDON, Aug 26 (Reuters) - Euro zone government bond yields
crept up on Friday, as caution prevailed before a speech by
Federal Reserve chief Janet Yellen that could settle the debate
on whether to...
Read more
crept up on Friday, as caution prevailed before a speech by
Federal Reserve chief Janet Yellen that could settle the debate
on whether to...
Read more
GLOBAL MARKETS-Equities set 2-week low before Yellen speech, dollar dips
LONDON, Aug 26 (Reuters) - Global shares slipped to a
two-week low and the dollar edged down on Friday as investors
turned cautious before a keynote speech by Federal Reserve Chair
Janet Yellen that...
Read more
two-week low and the dollar edged down on Friday as investors
turned cautious before a keynote speech by Federal Reserve Chair
Janet Yellen that...
Read more
EMERGING MARKETS-Stocks head for first weekly loss in seven ahead of Fed chief speaking
LONDON, Aug 26 (Reuters) - Emerging equities were set for
their first weekly loss in seven on Friday ahead of a key speech
by U.S. Fed chair Janet Yellen, while South Africa's rand and
bonds remained...
Read more
their first weekly loss in seven on Friday ahead of a key speech
by U.S. Fed chair Janet Yellen, while South Africa's rand and
bonds remained...
Read more
Equities unloved; bumper debt flows raise "bond shock" risk-BAML
LONDON, Aug 26 (Reuters) - Global bond funds pulled in more
fresh money in the past week, though appetite for emerging
assets stuttered and European stocks extended their outflow
streak to a record...
Read more
fresh money in the past week, though appetite for emerging
assets stuttered and European stocks extended their outflow
streak to a record...
Read more
Thursday, August 25, 2016
JGBs slip as market tracks Treasuries ahead of Yellen speech
TOKYO, Aug 26 (Reuters) - Japanese government bond prices
slipped on Friday, with the market tracking an overnight fall in
U.S. Treasuries.
Read more
slipped on Friday, with the market tracking an overnight fall in
U.S. Treasuries.
Read more
UPDATE 1-Judge orders search of new Clinton emails for release by Sept. 13
Aug 25 (Reuters) - A U.S. judge ordered the State Department
on Thursday to release by Sept. 13 any emails it finds between
Hillary Clinton and the White House from the week of the 2012
attack in...
Read more
on Thursday to release by Sept. 13 any emails it finds between
Hillary Clinton and the White House from the week of the 2012
attack in...
Read more
UPDATE 1-Investors pull $6.4 bln from U.S. stock funds ahead of Fed speech
(New throughout; adds data about mutual fund and ETF flows,
analyst quote, table, byline)
By Trevor Hunnicutt
NEW YORK, Aug 25 (Reuters) - Investors trimmed risk assets
before a gathering of...
Read more
analyst quote, table, byline)
By Trevor Hunnicutt
NEW YORK, Aug 25 (Reuters) - Investors trimmed risk assets
before a gathering of...
Read more
Fed policymakers meet with activists, say they will not brake economy
JACKSON HOLE, Wyo., Aug 25 (Reuters) - Top Federal Reserve
officials on Thursday defended their view that the U.S. central
bank should probably raise interest rates soon, saying that they
still...
Read more
officials on Thursday defended their view that the U.S. central
bank should probably raise interest rates soon, saying that they
still...
Read more
BRIEF-Gcp Applied Technologies announces credit agreement amendment
* On August 25, 2016, GCP applied technologies inc entered
into certain first amendment to credit agreement - sec filing
Read more
into certain first amendment to credit agreement - sec filing
Read more
UPDATE 3-Brazil's Senate begins Rousseff's impeachment trial
* Markets look to Temer to cut spending
(Adds witness discredited, Lula criticism of impeachment,
Moody's doubts about fiscal reforms)
Read more
(Adds witness discredited, Lula criticism of impeachment,
Moody's doubts about fiscal reforms)
Read more
CORRECTED-Judge orders U.S. State Dept. to look for new Clinton emails, release by Sept. 13
Aug 25 (Reuters) - A judge on Thursday ordered the U.S.
State Department to determine whether it has found any new
emails between Hillary Clinton and the White House from the week
after the 2012...
Read more
State Department to determine whether it has found any new
emails between Hillary Clinton and the White House from the week
after the 2012...
Read more
BRIEF-American Homes 4 Rent announces home price appreciation amounts
* American homes 4 rent announces home price appreciation
amounts for its 5% series a, 5% series b and 5.5% series c
participating preferred shares
Read more
amounts for its 5% series a, 5% series b and 5.5% series c
participating preferred shares
Read more
CORRECTED-U.S. agency rolls out refinance program for homeowners
NEW YORK, Aug 25 (Reuters) - The regulator of Fannie Mae and
Freddie Mac unveiled on Thursday a program aimed at homeowners
who are paying their mortgages on time but whose loan-to-value
(LTV)...
Read more
Freddie Mac unveiled on Thursday a program aimed at homeowners
who are paying their mortgages on time but whose loan-to-value
(LTV)...
Read more
BRIEF-Headwaters enteres into incremental amendment to its term loan credit agreement
* On August 19, co entered into incremental amendment to its
term loan credit agreement initially dated as of March 24, 2015-
SEC filing
Read more
term loan credit agreement initially dated as of March 24, 2015-
SEC filing
Read more
BRIEF-Moody's says Teva's loss of two copaxone patents is credit negative
* Moody's on Teva Pharmaceutical - there is no change to
Teva Pharmaceutical Industries LTD Baa2 senior unsecured rating
or stable outlook
Source text for Eikon:
Read more
Teva Pharmaceutical Industries LTD Baa2 senior unsecured rating
or stable outlook
Source text for Eikon:
Read more
UPDATE 1-Bids at U.S. 7-year note sale weakest in six months
NEW YORK, Aug 25 (Reuters) - Overall demand at Thursday's
$28 billion U.S. seven-year Treasury note auction was the lowest
in six months, resulting in a higher-than-expected yield of
1.423 percent,...
Read more
$28 billion U.S. seven-year Treasury note auction was the lowest
in six months, resulting in a higher-than-expected yield of
1.423 percent,...
Read more
Bids at U.S. 7-year note sale weakest in 6 months
NEW YORK, Aug 25 (Reuters) - Overall demand at Thursday's
$28 billion U.S. seven-year Treasury note auction was the lowest
in six months, resulting in a higher-than-expected yield of
1.423 percent,...
Read more
$28 billion U.S. seven-year Treasury note auction was the lowest
in six months, resulting in a higher-than-expected yield of
1.423 percent,...
Read more
DBRS cautious over Portugal's CGD recapitalisation plans
Aug 25 (Reuters) - Credit rating agency DBRS said on
Thursday it was difficult to assess the impact on Portugal's
government rating from the plan to recapitalise state-owned bank
CGD until it was...
Read more
Thursday it was difficult to assess the impact on Portugal's
government rating from the plan to recapitalise state-owned bank
CGD until it was...
Read more
CANADA FX DEBT-C$ trades sideways before central bankers' gathering
* Canadian dollar at C$1.2927, or 77.36 U.S. cents
* Bond prices lower across the maturity curve
TORONTO, Aug 25 (Reuters) - The Canadian dollar was little
changed against the greenback on...
Read more
* Bond prices lower across the maturity curve
TORONTO, Aug 25 (Reuters) - The Canadian dollar was little
changed against the greenback on...
Read more
Brazil loan defaults rise in July
BRASILIA/SAO PAULO, Aug 25 (Reuters) - Loans delinquent for
at least 90 days in Brazil climbed for the third month in four
in July, a sign that a harsh recession and the highest borrowing
costs in a...
Read more
at least 90 days in Brazil climbed for the third month in four
in July, a sign that a harsh recession and the highest borrowing
costs in a...
Read more
UPDATE 1-Portuguese yields retreat from 1-month highs as bank deal brings respite
LONDON, Aug 25 (Reuters) - Portugal's borrowing costs pulled
away from recent one-month highs on Thursday after an agreement
on the recapitalisation of ailing state-owned bank CGD eased
worries about...
Read more
away from recent one-month highs on Thursday after an agreement
on the recapitalisation of ailing state-owned bank CGD eased
worries about...
Read more
BRIEF-Bengal Energy announces credit facility renewal and extension
* Says negotiated an extension of its secured credit
facility with Westpac Institutional Bank
Read more
facility with Westpac Institutional Bank
Read more
China's big P2P platforms shrug off crackdown
HONG KONG, Aug 25 (Reuters) - China's bid to tame its
peer-to-peer (P2P) lending sector could cost smaller platforms
some business, but the impact on larger players will be limited,
and some of the...
Read more
peer-to-peer (P2P) lending sector could cost smaller platforms
some business, but the impact on larger players will be limited,
and some of the...
Read more
South African opposition calls for debate on Gordhan "witch-hunt"
JOHANNESBURG, Aug 25 (Reuters) - South Africa's main
opposition party called on Thursday for a parliamentary debate
into what it called a "witch-hunt" against Finance Minister
Pravin Gordhan, who is...
Read more
opposition party called on Thursday for a parliamentary debate
into what it called a "witch-hunt" against Finance Minister
Pravin Gordhan, who is...
Read more
Central bankers eye public spending to plug $1 trln investment gap
JACKSON HOLE, Wyoming, Aug 25(Reuters) - While markets wait
for Janet Yellen's latest message about the direction of
monetary policy, the Federal Reserve chief and her colleagues
already have one for...
Read more
for Janet Yellen's latest message about the direction of
monetary policy, the Federal Reserve chief and her colleagues
already have one for...
Read more
JGB futures edge up after firm liquidity-enhancing auction
TOKYO, Aug 25 (Reuters) - Japanese government bond futures
edged up on Thursday as the market took heart following firm
investor demand at a liquidity-enhancing auction.
Read more
edged up on Thursday as the market took heart following firm
investor demand at a liquidity-enhancing auction.
Read more
Wednesday, August 24, 2016
PRESS DIGEST - Wall Street Journal - Aug 25
Aug 25 (Reuters) - The following are the top stories in the
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Wall Street Journal. Reuters has not verified these stories and
does not vouch for their accuracy.
Read more
Puerto Rico cannot enforce a Wal-Mart tax -U.S. appeals court
Aug 24 (Reuters) - A U.S. appeals court said on Wednesday
that Puerto Rico could not force Wal-Mart Stores Inc's
affiliate there to pay a special corporate tax that the retailer
said was...
Read more
that Puerto Rico could not force Wal-Mart Stores Inc's
affiliate there to pay a special corporate tax that the retailer
said was...
Read more
CANADA FX DEBT-C$ weakens against firmer greenback as oil falls
* Canadian dollar ended at C$1.2930, or 77.34 U.S. cents
* Bond prices lower across the maturity curve
By Fergal Smith
TORONTO, Aug 24 (Reuters) - The commodity-linked Canadian
dollar...
Read more
* Bond prices lower across the maturity curve
By Fergal Smith
TORONTO, Aug 24 (Reuters) - The commodity-linked Canadian
dollar...
Read more
Number of U.S. prime funds seen dwindling -iMoneynet
NEW YORK, Aug 24 (Reuters) - The number of prime money funds
in the $2.7 trillion industry, which can invest in corporate
debt in addition to government securities, is forecast to fall
to 264 from...
Read more
in the $2.7 trillion industry, which can invest in corporate
debt in addition to government securities, is forecast to fall
to 264 from...
Read more
Jefferies markets PDVSA trade receivable notes
NEW YORK, Aug 24 (IFR) - Jefferies is marketing trade
receivable promissory notes from cash-strapped Venezuelan oil
company PDVSA, three market sources told IFR on Wednesday.
Read more
receivable promissory notes from cash-strapped Venezuelan oil
company PDVSA, three market sources told IFR on Wednesday.
Read more
WRAPUP 2-U.S. existing home sales decline, prices still strong
WASHINGTON, Aug 24 (Reuters) - U.S. home resales fell more
than expected in July after four straight months of strong
gains, as a lack of inventory limited choice for buyers, but
further price rises...
Read more
than expected in July after four straight months of strong
gains, as a lack of inventory limited choice for buyers, but
further price rises...
Read more
UPDATE 1-U.S. Fed reverse repo awards fall from 7-week high
NEW YORK, Aug 24 (Reuters) - The Federal Reserve on
Wednesday awarded $95.35 billion of one-day, fixed-rate reverse
repurchase agreements to 48 bidders at an interest rate of 0.25
percent, the New...
Read more
Wednesday awarded $95.35 billion of one-day, fixed-rate reverse
repurchase agreements to 48 bidders at an interest rate of 0.25
percent, the New...
Read more
UPDATE 2-U.S. SEC charges 71 muni issuers for misleading investors
Aug 24 (Reuters) - The U.S. Securities and Exchange
Commission has charged 71 municipal bond issuers, including the
states of Hawaii and Minnesota, as well as related entities, for
using offering...
Read more
Commission has charged 71 municipal bond issuers, including the
states of Hawaii and Minnesota, as well as related entities, for
using offering...
Read more
UPDATE 2-S.African finmin says will not meet police, assets slump
* Summons relates to alleged rogue spy unit at tax agency
(Updates after market close, adds comment)
Read more
(Updates after market close, adds comment)
Read more
Firing S.Africa's Gordhan would "destroy economy" - Manuel
JOHANNESBURG, Aug 24 (Reuters) - South Africa's economy, the
most developed on the continent, will be destroyed if President
Jacob Zuma fires Finance Minister Pravin Gordhan, ex-finance
minister...
Read more
most developed on the continent, will be destroyed if President
Jacob Zuma fires Finance Minister Pravin Gordhan, ex-finance
minister...
Read more
Russian c.bank still sees liquidity deficit until end of year
MOSCOW, Aug 24 (Reuters) - The Russian central bank still
sees a structural deficit of liquidity in the banking system
until the end of the year, it said on Wednesday, adding that a
switch to surplus...
Read more
sees a structural deficit of liquidity in the banking system
until the end of the year, it said on Wednesday, adding that a
switch to surplus...
Read more
UPDATE 4-RBC keeps close eye on Vancouver and Toronto housing markets
* Earnings per share of C$1.72 edge past expectations
(Recasts to add CEO comments from conference call)
Read more
(Recasts to add CEO comments from conference call)
Read more
Brazil's Meirelles says long-term austerity key to exit crisis
BRASILIA, Aug 24 (Reuters) - Brazilian Finance Minister
Henrique Meirelles on Wednesday said a long-term fiscal
adjustment to limit spending and reduce the debt burden is
crucial for the country to...
Read more
Henrique Meirelles on Wednesday said a long-term fiscal
adjustment to limit spending and reduce the debt burden is
crucial for the country to...
Read more
BRIEF-Xylitol Canada subsidiary secures financing arrangement with Bibby Financial Services
* Xylitol Canada Inc. subsidiary secures financing
arrangement with Bibby Financial Services Inc.
Read more
arrangement with Bibby Financial Services Inc.
Read more
UPDATE 2-Record German budget surplus fuels investment debate
* Govt split over whether to boost investment or cut taxes
(releads with broader debate about tax cuts versus investment)
Read more
(releads with broader debate about tax cuts versus investment)
Read more
Tuesday, August 23, 2016
EMERGING MARKETS-Mexico peso slips on S&P outlook cut, Latam currencies down
SAO PAULO, Aug 23 (Reuters) - Mexico's peso deepened losses
on Tuesday after Standard & Poor's cut the country's sovereign
credit outlook to negative, while other Latin American
currencies weakened...
Read more
on Tuesday after Standard & Poor's cut the country's sovereign
credit outlook to negative, while other Latin American
currencies weakened...
Read more
GLOBAL MARKETS-Asia stocks cement gains after recent rally, oil slips
HONG KONG, Aug 24 (Reuters) - Asian stocks consolidated
recent gains on Wednesday, helped by Wall Street's rise
overnight, even as oil prices slid after a surprise build in
U.S. crude stocks.
Read more
recent gains on Wednesday, helped by Wall Street's rise
overnight, even as oil prices slid after a surprise build in
U.S. crude stocks.
Read more
Bauer Hockey gear maker taps debt restructuring advisor -sources
Aug 23 (Reuters) - Performance Sports Group Ltd,
the maker of Bauer Hockey gear and Easton Sports baseball bats,
has turned to an investment bank for advice on how to cope with
its debt pile,...
Read more
the maker of Bauer Hockey gear and Easton Sports baseball bats,
has turned to an investment bank for advice on how to cope with
its debt pile,...
Read more
World Bank's Kim launches bid for second term as president
WASHINGTON, Aug 23 (Reuters) - World Bank President Jim Yong
Kim on Tuesday formally launched a bid for a second five-year
term as head of the multilateral development lender, whose board
pledged an...
Read more
Kim on Tuesday formally launched a bid for a second five-year
term as head of the multilateral development lender, whose board
pledged an...
Read more
Caesars argues fresh lawsuit shield will help bankruptcy deal
CHICAGO, Aug 23 (Reuters) - The bankrupt operating unit of
Caesars Entertainment Corp asked a judge on Tuesday to
extend a lawsuit shield for its parent company, which a
financial advisor said is...
Read more
Caesars Entertainment Corp asked a judge on Tuesday to
extend a lawsuit shield for its parent company, which a
financial advisor said is...
Read more
Brazil's Oi says Société Mondiale announces change to board candidates list
SAO PAULO, Aug 23 (Reuters) - Brazil's largest fixed
telephone carrier, Oi SA, said minority shareholder
Société Mondiale made changes in a proposed plan to revamp its
board.
Read more
telephone carrier, Oi SA, said minority shareholder
Société Mondiale made changes in a proposed plan to revamp its
board.
Read more
Brazil external deficit widens to $4 bln in July
BRASILIA, Aug 23 (Reuters) - Brazil's current account
deficit widened in July to $4.050 billion, central bank data
showed on Tuesday, a bigger shortfall than expected by
economists in a Reuters poll.
Read more
deficit widened in July to $4.050 billion, central bank data
showed on Tuesday, a bigger shortfall than expected by
economists in a Reuters poll.
Read more
LATAM CLOSE-No deals price in LatAm primary market
* Former Itau banker joins buyside firm Noctua
* Mexico's Nafinsa to issue first local Green bond
* Colombia to prefund some of 2017 needs with local debt
By Paul Kilby and Anthony...
Read more
* Mexico's Nafinsa to issue first local Green bond
* Colombia to prefund some of 2017 needs with local debt
By Paul Kilby and Anthony...
Read more
MOVES-Former Itau banker joins buyside firm Noctua
NEW YORK, Aug 23 (IFR) - Ricardo Navarro, the former head of
international debt capital markets at Brazilian investment bank
Itau BBA, has joined asset management firm Noctua Partners as a
portfolio...
Read more
international debt capital markets at Brazilian investment bank
Itau BBA, has joined asset management firm Noctua Partners as a
portfolio...
Read more
UPDATE 1-Judge keeps new Kentucky state pension board in place
Aug 23 (Reuters) - Kentucky's financially struggling pension
system will move forward with an expanded governing board after
a judge late on Monday temporarily ruled in favor of a
reorganization...
Read more
system will move forward with an expanded governing board after
a judge late on Monday temporarily ruled in favor of a
reorganization...
Read more
EMERGING MARKETS-Latam currencies down on strong U.S. data ahead of Yellen speech
By Bruno Federowski
SAO PAULO, Aug 23 (Reuters) - Latin American currencies
slipped on Tuesday following strong U.S. housing data, but
caution prevailed ahead of Fed Chair Janet Yellen's speech...
Read more
SAO PAULO, Aug 23 (Reuters) - Latin American currencies
slipped on Tuesday following strong U.S. housing data, but
caution prevailed ahead of Fed Chair Janet Yellen's speech...
Read more
WRAPUP 1-U.S. new home sales race to near nine-year high; supply dwindles
WASHINGTON, Aug 23 (Reuters) - New U.S. single-family home
sales unexpectedly rose in July, reaching their highest level in
nearly nine years as demand increased broadly, brightening the
housing...
Read more
sales unexpectedly rose in July, reaching their highest level in
nearly nine years as demand increased broadly, brightening the
housing...
Read more
Brazil plans no tax increases in 2017, says Temer chief of staff
RIO DE JANEIRO, Aug 23 (Reuters) - Brazil's government is
not planning any tax increases next year, said Eliseu Padilha,
chief of staff for interim President Michel Temer, following a
news conference...
Read more
not planning any tax increases next year, said Eliseu Padilha,
chief of staff for interim President Michel Temer, following a
news conference...
Read more
UPDATE 1-Kremlin says Putin, Merkel, Hollande to meet to discuss Ukraine at G20 on Sept. 4-5
MOSCOW, Aug 23 (Reuters) - The leaders of Russia, Germany
and France have agreed to meet to discuss the situation in
Ukraine on Sept. 4-5 in China on the sidelines of the G20
summit, the Kremlin said...
Read more
and France have agreed to meet to discuss the situation in
Ukraine on Sept. 4-5 in China on the sidelines of the G20
summit, the Kremlin said...
Read more
US SWAPS-U.S. 30-year swap spread at widest on record
NEW YORK, Aug 23 (Reuters) - The discount on the interest
rate on U.S. 30-year interest rate swap contracts and the yield
on U.S. 30-year Treasuries grew to a record wide on Tuesday due
to demand for...
Read more
rate on U.S. 30-year interest rate swap contracts and the yield
on U.S. 30-year Treasuries grew to a record wide on Tuesday due
to demand for...
Read more
ECB faces bulked-up govt bond buying if QE extended beyond March
LONDON/FRANKFURT, Aug 23 (Reuters) - The European Central
Bank will have to bump up its monthly purchases of government
bonds if it decides to continue buying beyond March 2017, just
to ensure...
Read more
Bank will have to bump up its monthly purchases of government
bonds if it decides to continue buying beyond March 2017, just
to ensure...
Read more
MONEY MARKETS-3-month dollar Libor holds at 7-year high
NEW YORK, Aug 23 (Reuters) - A closely watched measure of
the cost for banks to borrow dollars was unchanged on Tuesday,
holding at a seven-plus year high amid reduced demand for bank
debt among U.S....
Read more
the cost for banks to borrow dollars was unchanged on Tuesday,
holding at a seven-plus year high amid reduced demand for bank
debt among U.S....
Read more
Colombia to prefinance some of 2017 spending via local debt sales
BOGOTA, Aug 23 (Reuters) - Colombia will prefinance some of
its 2017 spending needs with a portion of the 8 trillion pesos
($2.8 billion) in additional domestic debt it said it would
issue this year,...
Read more
its 2017 spending needs with a portion of the 8 trillion pesos
($2.8 billion) in additional domestic debt it said it would
issue this year,...
Read more
INSIGHT-How a Ukrainian reform backfired, opening a new door to fraud
BARYSHIVKA, Ukraine, Aug 23 (Reuters) - The goal was to make
Ukraine more friendly for investors by reducing red tape. But
reforms that loosened the rules for registering ownership of
assets have...
Read more
Ukraine more friendly for investors by reducing red tape. But
reforms that loosened the rules for registering ownership of
assets have...
Read more
Kremlin says Putin, Merkel, Hollande to meet to discuss Ukraine on Sept 4-5 at G20
MOSCOW, Aug 23 (Reuters) - The leaders of Russia, Germany
and France have agreed to meet to discuss the situation in
Ukraine on September 4-5 in China on the sidelines of the G20
summit, the Kremlin...
Read more
and France have agreed to meet to discuss the situation in
Ukraine on September 4-5 in China on the sidelines of the G20
summit, the Kremlin...
Read more
UPDATE 1-Euro zone yields up as PMIs prove resilient post-Brexit vote
LONDON, Aug 23 (Reuters) - Euro zone yields rose on Tuesday
after data showed that business growth in the single currency
bloc was resilient in the face of Britain's shock vote to leave
the European...
Read more
after data showed that business growth in the single currency
bloc was resilient in the face of Britain's shock vote to leave
the European...
Read more
EMERGING MARKETS-Emerging markets tick higher, Turkish cbank awaited
LONDON, Aug 23 (Reuters) - The Turkish lira inched higher on
Tuesday in line with a general uptick in emerging markets,
though a central bank meeting later in the day could dampen the
currency if...
Read more
Tuesday in line with a general uptick in emerging markets,
though a central bank meeting later in the day could dampen the
currency if...
Read more
CEE MARKETS-Some Polish financial stocks fall as state insurer eyes Pekao deal
* PZU stocks hit record low ahead of talks to buy Pekao
* CEE assets mostly rangebound, awaiting Fed guidance on
rates
* Hungarian central bank seen holding fire at meeting
By Sandor...
Read more
* CEE assets mostly rangebound, awaiting Fed guidance on
rates
* Hungarian central bank seen holding fire at meeting
By Sandor...
Read more
GLOBAL MARKETS-Stocks creep up amid Fed limbo, dollar dips
LONDON, Aug 23 (Reuters) - World shares crept up on Tuesday
while the dollar lost ground as investors awaited further clues
on whether the Federal Reserve will raise U.S. interest rates
this year.
Read more
while the dollar lost ground as investors awaited further clues
on whether the Federal Reserve will raise U.S. interest rates
this year.
Read more
BRIEF-Fitch says falling yields hit UK life insurers' solvency II ratios
* Solvency ii ratios declined in 1H16 across UK life
insurance sector, driven by fall in interest rates, particularly
after Brexit
Read more
insurance sector, driven by fall in interest rates, particularly
after Brexit
Read more
JGBs firm after strong demand at 20-year sale
TOKYO, Aug 23 (Reuters) - Japanese government bonds firmed
on Tuesday, as strong demand at a 20-year JGB auction and a
downturn in Tokyo equities lifted bond market sentiment.
Read more
on Tuesday, as strong demand at a 20-year JGB auction and a
downturn in Tokyo equities lifted bond market sentiment.
Read more
BRIEF-Moody's: Mozambique's rating constrained by weak institutions and intensifying external pressures
* Moody's: Mozambique's rating constrained by weak
institutions and intensifying external pressures
Read more
institutions and intensifying external pressures
Read more
Monday, August 22, 2016
COLUMN-Emerging markets may enjoy secular stagnation: James Saft
Aug 23 (Reuters) - A low-growth world won't be an easy one
for emerging markets, but at least the Federal Reserve will keep
the water in the bath warm.
Read more
for emerging markets, but at least the Federal Reserve will keep
the water in the bath warm.
Read more
BRIEF-Moody's raises outlook on Austria's banking system to stable
* Raises outlook on Austria's banking system to stable amid
reduced exposures to higher risk cee countries
Read more
reduced exposures to higher risk cee countries
Read more
MIDEAST STOCKS - Factors to watch - Aug 23
Aug 23 (Reuters) - Here are some factors that may affect
Middle East stock markets on Tuesday. Reuters has not verified
the press reports and does not vouch for their accuracy.
Read more
Middle East stock markets on Tuesday. Reuters has not verified
the press reports and does not vouch for their accuracy.
Read more
GLOBAL MARKETS-Asia stocks edge up, dollar dips as markets await Fed clues
SYDNEY, Aug 23 (Reuters) - Asia shares inched ahead while
the dollar slipped on Tuesday as a dearth of major data left
markets with little to do but second guess whether the Federal
Reserve will...
Read more
the dollar slipped on Tuesday as a dearth of major data left
markets with little to do but second guess whether the Federal
Reserve will...
Read more
Moody's downgrades Brazil's Odebrecht construction company
SAO PAULO, Aug 22 (Reuters) - Moody's Investors Service
downgraded the credit ratings of two units of Odebrecht SA, the
engineering and construction company and the financial holding
entity, citing...
Read more
downgraded the credit ratings of two units of Odebrecht SA, the
engineering and construction company and the financial holding
entity, citing...
Read more
Argentina says July primary deficit $1.71 bln
BUENOS AIRES, Aug 22 (Reuters) - Argentina's primary budget
deficit was 25.71 billion pesos ($1.71 billion) in July versus a
surplus of 791.5 million pesos in the same month last year, the
economy...
Read more
deficit was 25.71 billion pesos ($1.71 billion) in July versus a
surplus of 791.5 million pesos in the same month last year, the
economy...
Read more
Mexican development bank to issue first local green bonds
MEXICO CITY, Aug 22 (Reuters) - A Mexican development bank
said on Monday it will issue up to 2 billion pesos ($109
million) in green bonds, marking the country's first such
issuance in the local...
Read more
said on Monday it will issue up to 2 billion pesos ($109
million) in green bonds, marking the country's first such
issuance in the local...
Read more
IMF evaluates Ghana's fiscal outlook, could review assistance program
ACCRA, Aug 22 (Reuters) - The International Monetary Fund
(IMF) is evaluating Ghana's fiscal outlook for the rest of 2016
and will consider the third review of the country's $918 million
assistance...
Read more
(IMF) is evaluating Ghana's fiscal outlook for the rest of 2016
and will consider the third review of the country's $918 million
assistance...
Read more
RPT-Government on hook for China banks' shrinking capital
HONG KONG, Aug 22 (Reuters) - Hit by bad loans, Chinese
banks are expected to show a weakening in their capital strength
in first-half earnings, raising the prospect that government
might have to...
Read more
banks are expected to show a weakening in their capital strength
in first-half earnings, raising the prospect that government
might have to...
Read more
MOVES-Deutsche Bank extends oil & gas coverage with new hire
NEW YORK, Aug 22 (IFR) - Deutsche Bank has hired Lackland
Bloom, former co-head of oil & gas investment banking at JP
Morgan, to run its Houston office as a managing director in the
natural resources...
Read more
Bloom, former co-head of oil & gas investment banking at JP
Morgan, to run its Houston office as a managing director in the
natural resources...
Read more
CANADA FX DEBT-C$ weakens to one-week low as oil tumbles
(Adds analyst quotes, updates prices)
* Canadian dollar at C$1.2950, or 77.22 U.S. cents
* Loonie touches its weakest since Aug. 15 at C$1.2965
* Bond prices higher across a flatter...
Read more
* Canadian dollar at C$1.2950, or 77.22 U.S. cents
* Loonie touches its weakest since Aug. 15 at C$1.2965
* Bond prices higher across a flatter...
Read more
UPDATE 2-Former Fannie Mae CEO settles crisis-related lawsuit with SEC
WASHINGTON/NEW YORK, Aug 22 (Reuters) - In one of the U.S.
Securities and Exchange Commission's biggest cases tied to the
2008 financial crisis, former Fannie Mae Chief
Executive Daniel Mudd has...
Read more
Securities and Exchange Commission's biggest cases tied to the
2008 financial crisis, former Fannie Mae Chief
Executive Daniel Mudd has...
Read more
UPDATE 1-Germany, France, Italy say Europe must move forward after Brexit vote
ABOARD ITALIAN WARSHIP GARIBALDI, Aug 22 (Reuters) - The
leaders of the euro zone's biggest economies held talks on
Monday in the aftermath of Britain's shock decision to leave the
European Union and...
Read more
leaders of the euro zone's biggest economies held talks on
Monday in the aftermath of Britain's shock decision to leave the
European Union and...
Read more
LATAM CLOSE-No deals price in LatAm primary market
* IB fee pool to rise in region: Itau BBA
* Brazil to delay state sales announcement until mid-Sept
* OHL bonds hold firm after Mexican audit
By Paul Kilby and Anthony Rodriguez
NEW...
Read more
* Brazil to delay state sales announcement until mid-Sept
* OHL bonds hold firm after Mexican audit
By Paul Kilby and Anthony Rodriguez
NEW...
Read more
Chicago Public Schools seeks $1.55 bln credit line
CHICAGO, Aug 22 (Reuters) - The cash-strapped Chicago public
school system will rely on a $1.55 billion line of credit in
fiscal 2017 to boost cash flow, up from $1.065 billion in fiscal
2016,...
Read more
school system will rely on a $1.55 billion line of credit in
fiscal 2017 to boost cash flow, up from $1.065 billion in fiscal
2016,...
Read more
Brazil, with no minimum retirement age, committed to pension reform -official
BRASILIA, Aug 22 (Reuters) - The Brazilian government is
committed to overhaul its expensive pension system despite an
incipient economic recovery that could ease social security
expenditures in the...
Read more
committed to overhaul its expensive pension system despite an
incipient economic recovery that could ease social security
expenditures in the...
Read more
BRIEF-Air Industries Group enters Placement Agency Agreement with Taglich Brothers
* Taglich Brothers to offer on best efforts basis, up to
$4.3 million shares of company's 12 percent subordinated
convertible notes due December 31, 2017
Read more
$4.3 million shares of company's 12 percent subordinated
convertible notes due December 31, 2017
Read more
BRIEF-Japan International Cooperation Agency to issue some 20 bln Yen in social impact bonds as early as Sept. - Nikkei
* Japan International Cooperation Agency to issue some 20
billion yen ($199 million) in social impact bonds as early as
september - Nikkei
Read more
billion yen ($199 million) in social impact bonds as early as
september - Nikkei
Read more
UPDATE 1-Chinese investors buy ad tech startup Media.net for $900 mln
Aug 22 (Reuters) - Advertising technology startup Media.net,
founded by tech entrepreneur Divyank Turakhia, said on Monday it
had been acquired for about $900 million by a group of Chinese
investors.
Read more
founded by tech entrepreneur Divyank Turakhia, said on Monday it
had been acquired for about $900 million by a group of Chinese
investors.
Read more
U.S. Treasury to sell $55 bln in 4-week bills
WASHINGTON, Aug 22 (Reuters) - For details of the U.S.
Treasury's auction of 4-week bills on Tuesday, see:
Read more
Treasury's auction of 4-week bills on Tuesday, see:
Read more
UPDATE 2-Portugal's bond yields recede from 3-week high as rating fears ebb
LONDON, Aug 22 (Reuters) - Portugal's 10-year bond yield
edged back from a three-week high on Monday after the country
passed a ratings test that soothed concerns it could be on the
brink of a...
Read more
edged back from a three-week high on Monday after the country
passed a ratings test that soothed concerns it could be on the
brink of a...
Read more
BRIEF-Progressive files for debt shelf of up to $500 mln
* Says files for debt shelf of up to $500 million - SEC
filing
Source text: (http://bit.ly/2bOqQti)
Further company coverage:
Read more
filing
Source text: (http://bit.ly/2bOqQti)
Further company coverage:
Read more
BRIEF-Anfield says CDN $30 million private placement of common shares
* Says non-brokered private placement of up to 22.2 million
common shares in capital of anfield at a price of cdn $1.35 per
share
Read more
common shares in capital of anfield at a price of cdn $1.35 per
share
Read more
BRIEF-Spain to issue up to 3.5 bln euros in T-bills on Tuesday
* Says it will issue between 2.5 billion euros and 3.5
billion euros ($2.83 billion-$3.96 billion) in 3- and 9-month
Treasury bills on Tuesday
Source text for Eikon:
($1 = 0.8846 euros)
...
Read more
billion euros ($2.83 billion-$3.96 billion) in 3- and 9-month
Treasury bills on Tuesday
Source text for Eikon:
($1 = 0.8846 euros)
...
Read more
GE's plan to take on debt could pressure credit metrics -Moody's
Aug 22 (Reuters) - General Electric Co's plan to take
on $20 billion of debt adds to the "uncertainty surrounding its
ability to mitigate" pressure on credit metrics, Moody's
Investors Service said...
Read more
on $20 billion of debt adds to the "uncertainty surrounding its
ability to mitigate" pressure on credit metrics, Moody's
Investors Service said...
Read more
GLOBAL MARKETS-Dollar gains, U.S. yields rise as investors await Fed hike signal
LONDON, Aug 22 (Reuters) - The dollar strengthened and U.S.
Treasury yields hit a two-week high on Monday on expectations
the Federal Reserve will give a signal this week that it is
gearing up to...
Read more
Treasury yields hit a two-week high on Monday on expectations
the Federal Reserve will give a signal this week that it is
gearing up to...
Read more
EMERGING MARKETS-Fed bets, dollar gains induce emerging markets pullback
LONDON, Aug 22 (Reuters) - Emerging stocks slipped half a
percent on Monday after the U.S. Fed's number two policymaker
rekindled expectations of a near-term rate rise, while Turkish
assets weakened...
Read more
percent on Monday after the U.S. Fed's number two policymaker
rekindled expectations of a near-term rate rise, while Turkish
assets weakened...
Read more
Sunday, August 21, 2016
RPT-Croatia's politicians promise tax cuts, woo upstarts before vote
ZAGREB, Aug 21 (Reuters) - Croatia's two biggest parties are
promising tax cuts and toning down talk of tough reforms as well
as building alliances with smaller, mostly upstart parties to
try to...
Read more
promising tax cuts and toning down talk of tough reforms as well
as building alliances with smaller, mostly upstart parties to
try to...
Read more
RPT--In Egypt, IMF deal brings austerity few can afford
CAIRO, Aug 20 (Reuters) - A few years ago Imad would not
have imagined himself queuing in the Cairo sun for a weekly
ration of subsidised baby milk. But rising prices mean his civil
servant's salary...
Read more
have imagined himself queuing in the Cairo sun for a weekly
ration of subsidised baby milk. But rising prices mean his civil
servant's salary...
Read more
Bonnie Baha, DoubleLine's director of global credit, dies
Aug 21 (Reuters) - Bonnie Baha, head of Global Developed
Credit at DoubleLine Capital LP, has died as a result of an
automobile accident over the weekend, the firm told Reuters late
Sunday.
Read more
Credit at DoubleLine Capital LP, has died as a result of an
automobile accident over the weekend, the firm told Reuters late
Sunday.
Read more
Chileans step up pension reform demands with nationwide protests
SANTIAGO, Aug 21 (Reuters) - Hundreds of thousands of
Chileans took to the streets throughout the country on Sunday,
seeking to increase pressure on the government to throw out
Chile's private...
Read more
Chileans took to the streets throughout the country on Sunday,
seeking to increase pressure on the government to throw out
Chile's private...
Read more
PRESS DIGEST- British Business - Aug 22
Aug 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
business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
Health official warns Zika could spread across U.S. Gulf
Aug 21 (Reuters) - One of the top U.S. public health
officials on Sunday warned that the mosquito-borne Zika virus
could extend its reach across the U.S. Gulf Coast after
officials last week...
Read more
officials on Sunday warned that the mosquito-borne Zika virus
could extend its reach across the U.S. Gulf Coast after
officials last week...
Read more
Show of European unity: Merkel, Hollande, Renzi meet to discuss gameplan
NAPLES, Italy, Aug 21 (Reuters) - The leaders of Germany,
France and Italy will meet on Monday to discuss how to keep the
European project together in the second set of talks between the
premiers of...
Read more
France and Italy will meet on Monday to discuss how to keep the
European project together in the second set of talks between the
premiers of...
Read more
Egypt sees eurobond yield at 5.5-6 pct for Sept/Oct issuance
CAIRO, Aug 21 (Reuters) - Egypt expects its eurobond
issuance at the end of September or early October to have a
yield between 5.5 percent and 6 percent, Deputy Finance Minister
for fiscal policies...
Read more
issuance at the end of September or early October to have a
yield between 5.5 percent and 6 percent, Deputy Finance Minister
for fiscal policies...
Read more
Gulf tourism frenzy in Bosnia delights business, polarises locals
SARAJEVO, Aug 21 (Reuters) - Abdulah Al Sanousi enjoys the
breeze in the lush resort outside Sarajevo where his family
bought a flat to escape the summer heat at home in Kuwait, one
of thousands of...
Read more
breeze in the lush resort outside Sarajevo where his family
bought a flat to escape the summer heat at home in Kuwait, one
of thousands of...
Read more
Croatia's politicians promise tax cuts, woo upstarts before vote
ZAGREB, Aug 21 (Reuters) - Croatia's two biggest parties are
promising tax cuts and toning down talk of tough reforms as well
as building alliances with smaller, mostly upstart parties to
try to...
Read more
promising tax cuts and toning down talk of tough reforms as well
as building alliances with smaller, mostly upstart parties to
try to...
Read more
Saturday, August 20, 2016
MIDEAST STOCKS - Factors to watch - Aug 21
Aug 21 (Reuters) - Here are some factors that may affect
Middle East stock markets on Sunday. Reuters has not verified
the press reports and does not vouch for their accuracy.
Read more
Middle East stock markets on Sunday. Reuters has not verified
the press reports and does not vouch for their accuracy.
Read more
RPT-Croatia's politicians promise tax cuts, woo upstarts before vote
ZAGREB, Aug 21 (Reuters) - Croatia's two biggest parties are
promising tax cuts and toning down talk of tough reforms as well
as building alliances with smaller, mostly upstart parties to
try to...
Read more
promising tax cuts and toning down talk of tough reforms as well
as building alliances with smaller, mostly upstart parties to
try to...
Read more
NEWSMAKER-Solitary by nature, India's new central bank head steps into spotlight
MUMBAI, Aug 20 (Reuters) - India's incoming central bank
governor, Urjit Patel, is widely regarded as having the
professional and academic credentials he needs to make a success
of his new job.
Read more
governor, Urjit Patel, is widely regarded as having the
professional and academic credentials he needs to make a success
of his new job.
Read more
UPDATE 3-India taps insider Patel as central bank head, seeking continuity
* RBI staffers describe Patel as abrasive character
(Updates with quotes, details, background)
Read more
(Updates with quotes, details, background)
Read more
Tunisian premier names government, appoints new finance minister
TUNIS, Aug 20 (Reuters) - Tunisian Prime Minister designate
Youssef Chahed on Saturday named his new government, appointing
a former investment official, Lamia Zribi, as finance minister
and keeping...
Read more
Youssef Chahed on Saturday named his new government, appointing
a former investment official, Lamia Zribi, as finance minister
and keeping...
Read more
REFILE-In Egypt, IMF deal brings austerity few can afford
CAIRO, Aug 20 (Reuters) - A few years ago Imad would not
have imagined himself queuing in the Cairo sun for a weekly
ration of subsidised baby milk. But rising prices mean his civil
servant's salary...
Read more
have imagined himself queuing in the Cairo sun for a weekly
ration of subsidised baby milk. But rising prices mean his civil
servant's salary...
Read more
India names Urjit Patel as next RBI governor - PMO
MUMBAI, Aug 20 (Reuters) - India's government promoted Urjit
Patel, a deputy governor in charge of monetary policy at the
Reserve Bank of India, to serve as its next governor for a
three-year term,...
Read more
Patel, a deputy governor in charge of monetary policy at the
Reserve Bank of India, to serve as its next governor for a
three-year term,...
Read more
UPDATE 2-Peru says no need for new financing, but may swap debt
LIMA, Aug 19 (Reuters) - Peru's finance minister said Friday
that he does not need fresh financing to cover a "worrisome"
fiscal deficit inherited from the previous government but may
arrange debt...
Read more
that he does not need fresh financing to cover a "worrisome"
fiscal deficit inherited from the previous government but may
arrange debt...
Read more
Friday, August 19, 2016
Peru govt says no need for new financing, but may refinance debt
LIMA, Aug 19 (Reuters) - Peru's finance minister said on
Friday he does not need additional financing to cover a
"worrisome" fiscal deficit inherited from the previous
government but may consider...
Read more
Friday he does not need additional financing to cover a
"worrisome" fiscal deficit inherited from the previous
government but may consider...
Read more
UPDATE 5-Zika spreads to Miami Beach, U.S. expands travel warning
MIAMI/CHICAGO, Aug 19 (Reuters) - Federal health officials
on Friday warned pregnant women not to travel to trendy Miami
Beach after Florida confirmed that the mosquito-borne Zika virus
was active in...
Read more
on Friday warned pregnant women not to travel to trendy Miami
Beach after Florida confirmed that the mosquito-borne Zika virus
was active in...
Read more
JPMorgan settles with FDIC, Deutsche Bank in WaMu case
Aug 19 (Reuters) - JPMorgan Chase & Co on Friday
said it has settled litigation with the FDIC and Deutsche Bank
AG stemming from its purchase of Washington Mutual
Inc's banking operations during the...
Read more
said it has settled litigation with the FDIC and Deutsche Bank
AG stemming from its purchase of Washington Mutual
Inc's banking operations during the...
Read more
BRIEF-S&P lowers rating for City Colleges of Chicago Community College district 508, IL GO bond to A+
* S&P - City colleges of Chicago Community College district
508, IL GO bond rating lowered two notches to 'A+'; outlook
negative
Read more
508, IL GO bond rating lowered two notches to 'A+'; outlook
negative
Read more
BRIEF-Yuma Energy says borrowing base reduced by $9.8 mln to $20.0 mln
* On August 15, waiver, tenth amendment dated June 6,
effective as of may 31, to credit agreement dated as of August
10, 2011- SEC Filing
Read more
effective as of may 31, to credit agreement dated as of August
10, 2011- SEC Filing
Read more
BRIEF-Terraform Power launches amended and restated consent solicitation related to senior notes
* Terraform Power Operating LLC launches amended and
restated consent solicitation related to senior notes
Read more
restated consent solicitation related to senior notes
Read more
Fitch affirms Turkey's 'BBB-' rating, revises outlook to negative
ISTANBUL, Aug 19 (Reuters) - Ratings agency Fitch affirmed
its sovereign rating on Turkey at 'BBB-' on Friday and lowered
its outlook to negative from stable in a review after last
month's attempted...
Read more
its sovereign rating on Turkey at 'BBB-' on Friday and lowered
its outlook to negative from stable in a review after last
month's attempted...
Read more
Brazil federal tax revenues down 5.8 pct in July
BRASILIA, Aug 19 (Reuters) - Brazil collected 107.416
billion reais ($33.37 billion) in federal taxes in
July, the government said on Friday, down 5.8 percent from a
year earlier when adjusted for...
Read more
billion reais ($33.37 billion) in federal taxes in
July, the government said on Friday, down 5.8 percent from a
year earlier when adjusted for...
Read more
BRIEF-Moody's downgrades Corrections Corporation of America's senior unsecured bond rating to Ba1
* Moody's downgrades Corrections Corporation of America's
senior unsecured bond rating to Ba1; outlook revised to negative
Read more
senior unsecured bond rating to Ba1; outlook revised to negative
Read more
UPDATE 1-FXCM says notified CFTC, NFA of January 2015 capital shortfall
NEW YORK, Aug 19 (Reuters) - U.S. retail broker Forex
Capital Markets said on Friday it promptly notified the
Commodity Futures Trading Commission and the National Futures
Association of its capital...
Read more
Capital Markets said on Friday it promptly notified the
Commodity Futures Trading Commission and the National Futures
Association of its capital...
Read more
BRIEF-S&P affirms European Atomic Energy Community ratings at 'AA/A-1+'
* European Atomic Energy Community ratings affirmed at
'AA/A-1+' reflecting rating on the EU; outlook stable
Source text for Eikon: http://bit.ly/2bmqwAa
Read more
'AA/A-1+' reflecting rating on the EU; outlook stable
Source text for Eikon: http://bit.ly/2bmqwAa
Read more
TREASURIES-U.S. bond prices fall on profit-taking
* Higher yields in Europe pressure U.S. bonds
* Fed's Yellen seen striking dovish tone in upcoming speech
* U.S. to sell $88 bln in coupon-bearing debt next week
By Richard Leong
NEW...
Read more
* Fed's Yellen seen striking dovish tone in upcoming speech
* U.S. to sell $88 bln in coupon-bearing debt next week
By Richard Leong
NEW...
Read more
UPDATE 1-Nigeria to allocate $180 million more in capital spending
ABUJA, Aug 19 (Reuters) - Nigeria is to allocate 60 billion
naira ($180 million) more spending on capital projects as part
of the 2016 budget in a bid to boost the economy, Finance
Minister Kemi...
Read more
naira ($180 million) more spending on capital projects as part
of the 2016 budget in a bid to boost the economy, Finance
Minister Kemi...
Read more
Investor resistance to Triple C risk crumbles
NEW YORK, Aug 19 (IFR) - Resistance is futile for some
investors eyeing risky Triple C bonds as spreads and absolute
returns continue to tighten across the board.
Read more
investors eyeing risky Triple C bonds as spreads and absolute
returns continue to tighten across the board.
Read more
CANADA FX DEBT-C$ weakens as domestic retail sales data disappoints
* Canadian dollar at C$1.2856, or 77.78 U.S. cents
* Bond prices lower across steeper maturity curve
By Fergal Smith
TORONTO, Aug 19 (Reuters) - The Canadian dollar fell against
its U.S....
Read more
* Bond prices lower across steeper maturity curve
By Fergal Smith
TORONTO, Aug 19 (Reuters) - The Canadian dollar fell against
its U.S....
Read more
LPC: Growing loan pipeline suggests post-Labor Day M&A
NEW YORK, Aug 19 (Reuters) - A growing pipeline of deals
buoyed by rising chief executive confidence, a stronger
consensus about interest rate hikes and an abundance of
available capital point to a...
Read more
buoyed by rising chief executive confidence, a stronger
consensus about interest rate hikes and an abundance of
available capital point to a...
Read more
GLOBAL MARKETS-European shares, oil ease as markets return to Fed-watching
LONDON, Aug 19 (Reuters) - European shares were poised to
post their biggest weekly loss in two months on Friday while
crude oil snapped its winning streak after a weaker dollar and
hopes of...
Read more
post their biggest weekly loss in two months on Friday while
crude oil snapped its winning streak after a weaker dollar and
hopes of...
Read more
INVESTMENT FOCUS-Investors see British infrastructure getting stimulus boost after Brexit
LONDON, Aug 19 (Reuters) - UK infrastructure funds are
hitting record highs on the prospect of more government spending
after Britain's vote to leave the European Union, bolstered by
the view that...
Read more
hitting record highs on the prospect of more government spending
after Britain's vote to leave the European Union, bolstered by
the view that...
Read more
BRIEF-Domtar amends its existing unsecured amended and restated credit agreement
* On August 18, 2016 amended and restated its existing
unsecured amended and restated credit agreement, dated October
3, 2014 - SEC filing
Read more
unsecured amended and restated credit agreement, dated October
3, 2014 - SEC filing
Read more
PRESS DIGEST - Canada - Aug 19
Aug 19 (Reuters) - The following are the top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
BRIEF-Spirit Realty Capital says unit issues notes worth $300 mln
* Says On August 18, 2016, its unit issued $300 mln
aggregate principal amount of its 4.450% notes due 2026 - SEC
filing
Read more
aggregate principal amount of its 4.450% notes due 2026 - SEC
filing
Read more
Greek current account surplus widens in June, services surplus drops
ATHENS, Aug 19 (Reuters) - Greece's current account surplus
widened to 1 billion euros ($1.13 billion) in June from the
same month a year earlier, helped by improved income accounts,
the Bank of...
Read more
widened to 1 billion euros ($1.13 billion) in June from the
same month a year earlier, helped by improved income accounts,
the Bank of...
Read more
GLOBAL MARKETS-European shares retreat, oil up as markets return to Fed-watching
LONDON, Aug 19 (Reuters) - European shares were poised to
post their biggest weekly loss in two months on Friday and crude
oil edged to eight-week highs on the back of a weaker dollar and
hopes of a...
Read more
post their biggest weekly loss in two months on Friday and crude
oil edged to eight-week highs on the back of a weaker dollar and
hopes of a...
Read more
RPT-Russia takes budget gamble by shelving Bashneft stake sale
MOSCOW, Aug 18 (Reuters) - A surprise delay to Russia's
privatisation of mid-sized oil producer Bashneft does not bode
well for plans to sell a stake in energy giant Rosneft this
year. A failure of...
Read more
privatisation of mid-sized oil producer Bashneft does not bode
well for plans to sell a stake in energy giant Rosneft this
year. A failure of...
Read more
Thursday, August 18, 2016
JPMorgan adds sukuk to emerging markets indices
KUALA LUMPUR/SYDNEY/LONDON, Aug 19 (Reuters) - U.S.
investment bank JPMorgan will include Islamic bonds, or
sukuk, in its emerging markets indices for the first time from
later this year, widening...
Read more
investment bank JPMorgan will include Islamic bonds, or
sukuk, in its emerging markets indices for the first time from
later this year, widening...
Read more
Square posts job openings signaling European expansion
SAN FRANCISCO, Aug 18 (Reuters) - U.S. mobile payments
company Square Inc posted three new job openings in
Europe on Thursday, signaling it is moving closer to ramping up
operations in the region...
Read more
company Square Inc posted three new job openings in
Europe on Thursday, signaling it is moving closer to ramping up
operations in the region...
Read more
GLOBAL MARKETS-Asia rides Wall St higher, buoyant crude nears 6-week highs
TOKYO, Aug 19 (Reuters) - Asian stocks edged up on Friday as
Wall Street benefited from buoyant crude oil prices and
expectations U.S. borrowing costs will remain at stimulatory
levels at least...
Read more
Wall Street benefited from buoyant crude oil prices and
expectations U.S. borrowing costs will remain at stimulatory
levels at least...
Read more
BRIEF-Frankly says announces term sheet for equity investment
* Frankly announces term sheet for equity investment and up
to us$16 million loan facility from raycom media
Read more
to us$16 million loan facility from raycom media
Read more
BRIEF-Regions Financial announces results of tender offer for 2.00% senior notes
* Regions Financial Corporation announces results of tender
offer for 2.00% senior notes due 2018
Read more
offer for 2.00% senior notes due 2018
Read more
BRIEF-Hercules Offshore says Hero entities entered into amendment No. 2 to restructuring support agreement
* On Aug 12, Hero entities entered into amendment No. 2 to
restructuring support agreement with each of ad hoc group
members
Read more
restructuring support agreement with each of ad hoc group
members
Read more
CFTC sues FXCM over prior capital shortfall, customer guarantees
NEW YORK, Aug 18 (Reuters) - The U.S. Commodity Futures
Trading Commission on Thursday said it filed a civil lawsuit
against retail broker Forex Capital Markets LLC, saying
it was under-capitalized...
Read more
Trading Commission on Thursday said it filed a civil lawsuit
against retail broker Forex Capital Markets LLC, saying
it was under-capitalized...
Read more
BRIEF-Bancorp says it has sold $78.6 mln in equity financing
* Says it has sold $78.6 million in equity financing - SEC
filing
Source text for Eikon:
Further company coverage:
Read more
filing
Source text for Eikon:
Further company coverage:
Read more
BRIEF-Delphi Automotive says co,unit entered restatement agreement
* On August 17, 2016, co, wholly-owned U.S. subsidiary
Delphi Corporation entered into a restatement agreement - SEC
filing
Read more
Delphi Corporation entered into a restatement agreement - SEC
filing
Read more
TREASURIES-U.S. yields fall as traders bet on gradual rate rise
* Latest U.S. data support view on modest economic growth
* Fed's Dudley remains upbeat on U.S. jobs market
* Futures imply low probability Fed raising rates in
September
* U.S. sells $14...
Read more
* Fed's Dudley remains upbeat on U.S. jobs market
* Futures imply low probability Fed raising rates in
September
* U.S. sells $14...
Read more
BRIEF-Gramercy Property Trust says files for stock shelf of up to $96.7 million
* Says files for stock shelf of up to $96.7 million - SEC
filing
Source - http://bit.ly/2blJapX
Further company coverage:
Read more
filing
Source - http://bit.ly/2blJapX
Further company coverage:
Read more
BRIEF-Communications Systems entered amended and restated credit agreement
* On Aug 12 co, its operating subsidiaries entered into an
amended and restated credit agreemen and amended and restated
note
Read more
amended and restated credit agreemen and amended and restated
note
Read more
BRIEF-Regions Financial announces consideration for tender offer for 2.00 pct senior notes due 2018
* Regions Financial Corporation announces consideration for
tender offer for 2.00 pct senior notes due 2018
Read more
tender offer for 2.00 pct senior notes due 2018
Read more
Gawker.com to shut down next week
Aug 18 (Reuters) - U.S. internet publisher Gawker Media
Group said on Thursday that it would shut operations of online
news and gossip website Gawker.com next week, ending a 14-year
run.
Read more
Group said on Thursday that it would shut operations of online
news and gossip website Gawker.com next week, ending a 14-year
run.
Read more
U.S. 5-year TIPS supply sells at negative yield
NEW YORK, Aug 18 (Reuters) - The U.S. Treasury Department on
Thursday sold $14 billion of five-year Treasury Inflation
Protected Securities at a negative yield for a second auction,
Treasury data...
Read more
Thursday sold $14 billion of five-year Treasury Inflation
Protected Securities at a negative yield for a second auction,
Treasury data...
Read more
Russia takes budget gamble by shelving Bashneft stake sale
MOSCOW, Aug 18 (Reuters) - A surprise delay to Russia's
privatisation of mid-sized oil producer Bashneft does not bode
well for plans to sell a stake in energy giant Rosneft this
year. A failure of...
Read more
privatisation of mid-sized oil producer Bashneft does not bode
well for plans to sell a stake in energy giant Rosneft this
year. A failure of...
Read more
EMERGING MARKETS-Latam currencies mostly firm after Fed minutes
SAO PAULO, Aug 18 (Reuters) - Most Latin American currencies
strengthened on Thursday as higher oil prices and division in
the Federal Reserve over whether to raise interest rates soon
offset bullish...
Read more
strengthened on Thursday as higher oil prices and division in
the Federal Reserve over whether to raise interest rates soon
offset bullish...
Read more
U.S. to sell $74 billion in 3-month, 6-month bills next week
WASHINGTON, Aug 18 (Reuters) - For details of the U.S.
Treasury's auction of 3-month and 6-month bills next week, see:
Read more
Treasury's auction of 3-month and 6-month bills next week, see:
Read more
CANADA FX DEBT-C$ strengthens with oil as Fed minutes weigh on greenback
* Canadian dollar at C$1.2829, or 77.95 U.S. cents
* Bond prices mixed across the maturity curve
TORONTO, Aug 18 (Reuters) - The commodity-linked Canadian
dollar strengthened against its...
Read more
* Bond prices mixed across the maturity curve
TORONTO, Aug 18 (Reuters) - The commodity-linked Canadian
dollar strengthened against its...
Read more
CEE MARKETS-Polish output disappointment curbs currency gains in region
* Forint, zloty rebound from 2-week lows on Fed minutes
* Currencies off session highs after weak Polish data
* Bond yields retreat as U.S. rate hike expectations ebb
* Bond auctions draw...
Read more
* Currencies off session highs after weak Polish data
* Bond yields retreat as U.S. rate hike expectations ebb
* Bond auctions draw...
Read more
Spain's acting PM agrees to terms of centrists, to set investiture date
MADRID, Aug 18 (Reuters) - Spain's acting prime minister
Mariano Rajoy has agreed to the terms of a reform pact with the
centrist Ciudadanos party, opening the way for a new government
after eight...
Read more
Mariano Rajoy has agreed to the terms of a reform pact with the
centrist Ciudadanos party, opening the way for a new government
after eight...
Read more
TREASURIES-U.S. bonds hold gains after jobless, business data
NEW YORK, Aug 18 (Reuters) - U.S. Treasury prices held on to
earlier gains Thursday as data on domestic jobless claims and
business activity in the U.S. Mid-Atlantic region suggested
further economic...
Read more
earlier gains Thursday as data on domestic jobless claims and
business activity in the U.S. Mid-Atlantic region suggested
further economic...
Read more
UPDATE 1-Euro zone bond yields fall as U.S. Fed minutes highlight split
LONDON, Aug 18 (Reuters) - Euro zone bond yields fell on
Thursday as market expectations for a September U.S. rate hike
receded after minutes of the latest Federal Reserve meeting
showed policymakers...
Read more
Thursday as market expectations for a September U.S. rate hike
receded after minutes of the latest Federal Reserve meeting
showed policymakers...
Read more
Indian finmin: We'll let you know on RBI governor
NEW DELHI, Aug 18 (Reuters) - No decision has yet been
reached to appoint India's next central bank governor, Finance
Minister Arun Jaitley said on Thursday amid mounting
expectations that a...
Read more
reached to appoint India's next central bank governor, Finance
Minister Arun Jaitley said on Thursday amid mounting
expectations that a...
Read more
GLOBAL MARKETS-World stocks rise, dollar weakens on divided Fed
LONDON, Aug 18 (Reuters) - World stocks rose and the dollar
sank to a seven-week low on Thursday after minutes of the U.S.
Federal Reserve's latest meeting showed policymakers were
divided over...
Read more
sank to a seven-week low on Thursday after minutes of the U.S.
Federal Reserve's latest meeting showed policymakers were
divided over...
Read more
UPDATE 1-Mongolia raises interest rates in bid to stabilise tumbling currency
ULAANBAATAR, Aug 18 (Reuters) - Mongolia raised its
benchmark interest rates by 4.5 percentage points to 15 percent
on Thursday, the central bank said, as it struggles to stabilise
a currency that...
Read more
benchmark interest rates by 4.5 percentage points to 15 percent
on Thursday, the central bank said, as it struggles to stabilise
a currency that...
Read more
Hungary prosecutors press for MP's immunity to be lifted
BUDAPEST, Aug 18 (Reuters) - Hungary's chief prosecutor has
asked parliament to lift the immunity of ruling party lawmaker
Roland Mengyi on suspicion of corruption involving public funds,
a...
Read more
asked parliament to lift the immunity of ruling party lawmaker
Roland Mengyi on suspicion of corruption involving public funds,
a...
Read more
Wednesday, August 17, 2016
UPDATE 1-Texas utility Energy Future pushes bankruptcy exit plan in trial
WILMINGTON, Del., Aug 17 (Reuters) - Energy Future Holdings
Corp , Texas' biggest power company, urged a
U.S. bankruptcy court on Wednesday to allow the bulk of its
operations to exit Chapter 11, in...
Read more
Corp , Texas' biggest power company, urged a
U.S. bankruptcy court on Wednesday to allow the bulk of its
operations to exit Chapter 11, in...
Read more
UPDATE 1-China July home prices showing signs of fatigue
BEIJING, Aug 18 (Reuters) - China home prices rose 0.8
percent in July nationwide, but stalled or fell in more cities
than in June, adding to concerns that one of the economy's key
growth drivers is...
Read more
percent in July nationwide, but stalled or fell in more cities
than in June, adding to concerns that one of the economy's key
growth drivers is...
Read more
EMERGING MARKETS-Latam stocks mixed after Fed policy minutes
(Recasts throughout, updates prices)
By Bruno Federowski
SAO PAULO, Aug 17 (Reuters) - Latin American stocks were
mixed on Wednesday after minutes from the Federal Reserve's July
meeting...
Read more
By Bruno Federowski
SAO PAULO, Aug 17 (Reuters) - Latin American stocks were
mixed on Wednesday after minutes from the Federal Reserve's July
meeting...
Read more
Moody's raises outlook for emerging markets in 2016, 2017
Aug 17 (Reuters) - Moody's Investors Service revised its
outlook on the world's largest emerging market economies upward
for 2016 and 2017, the ratings agency announced on Wednesday,
pegging growth...
Read more
outlook on the world's largest emerging market economies upward
for 2016 and 2017, the ratings agency announced on Wednesday,
pegging growth...
Read more
BRIEF-California Resources says entered into $1 bln credit agreement with Goldman Sachs Bank USA
* Says entered into a $1 billion credit agreement (the "new
credit agreement") with Goldman Sachs Bank USA
Read more
credit agreement") with Goldman Sachs Bank USA
Read more
BRIEF-American Homes 4 Rent says announces new credit agreement
* Says new credit agreement provides for a $650 million
revolving credit facility and a $350 million term loan facility
Read more
revolving credit facility and a $350 million term loan facility
Read more
BRIEF-Stoneridge says entered amendment to third amended and restated credit agreement
* On August 12, co entered into amendment no. 3 to third
amended and restated credit agreement
Read more
amended and restated credit agreement
Read more
MONEY MARKETS-Traders pare U.S. rate hike view after FOMC minutes
NEW YORK, Aug 17 (Reuters) - U.S. interest rates futures
turned higher on Wednesday, erasing their earlier losses, as
traders reduced their bets on a U.S. rate increase following the
release of...
Read more
turned higher on Wednesday, erasing their earlier losses, as
traders reduced their bets on a U.S. rate increase following the
release of...
Read more
Brazil raises 2017 GDP growth forecast as confidence improves
BRASILIA, Aug 17 (Reuters) - The Brazilian government
revised its economic growth forecast upward to 1.6 percent in
2017 from 1.2 percent previously as confidence indicators
improve, the finance...
Read more
revised its economic growth forecast upward to 1.6 percent in
2017 from 1.2 percent previously as confidence indicators
improve, the finance...
Read more
Rosneftegas should make Rosneft privatisation recommendations by Sept. 1 - RIA
MOSCOW, Aug 17 (Reuters) - State-controlled Rosneftegas,
which owns 69.5 percent of Russia's Rosneft , should
present by Sept. 1 names of potential candidates to participate
in Rosneft's...
Read more
which owns 69.5 percent of Russia's Rosneft , should
present by Sept. 1 names of potential candidates to participate
in Rosneft's...
Read more
TABLE-U.S. stock funds attract first cash in four weeks -ICI
By Trevor Hunnicutt
NEW YORK, Aug 17 (Reuters) - U.S.-based stock funds
unpopular for the better part of the last year won a reprieve
from investors in the latest week, attracting their first...
Read more
NEW YORK, Aug 17 (Reuters) - U.S.-based stock funds
unpopular for the better part of the last year won a reprieve
from investors in the latest week, attracting their first...
Read more
Ghana says on track to halve budget deficit after IMF deal
ACCRA, Aug 17 (Reuters) - Ghana is on target to halve its
fiscal deficit this year after its $918-million aid deal with
the International Monetary Fund, Finance Minister Seth Terkper
said on...
Read more
fiscal deficit this year after its $918-million aid deal with
the International Monetary Fund, Finance Minister Seth Terkper
said on...
Read more
GLOBAL MARKETS-Stocks fall as investors take profits ahead of Fed minutes
* Emerging market stocks fall after blistering run
(Updates to U.S. trading, changes byline, dateline, previous
LONDON)
Read more
(Updates to U.S. trading, changes byline, dateline, previous
LONDON)
Read more
BRIEF-Easyvista Inc closes $8.4 million convertible-bond issue
* Easyvista Inc. Has closed on a private-placement
convertible-bond issue to qualified investors for approximately
$8.4 million
Read more
convertible-bond issue to qualified investors for approximately
$8.4 million
Read more
Spain's Rajoy says still impossible to form gov't without Socialist backing
MADRID, Aug 17 (Reuters) - Spain's acting Prime Minister
Mariano Rajoy said on Wednesday it would still be impossible to
form a government and end a near eight-month political deadlock
unless the...
Read more
Mariano Rajoy said on Wednesday it would still be impossible to
form a government and end a near eight-month political deadlock
unless the...
Read more
U.S. mortgage demand to buy homes hits 6-month low - MBA
NEW YORK, Aug 17 (Reuters) - Weekly applications for U.S.
mortgages to buy homes slipped to a six-month low even as
interest rates on fixed-rate home loans fell, according to data
from an industry...
Read more
mortgages to buy homes slipped to a six-month low even as
interest rates on fixed-rate home loans fell, according to data
from an industry...
Read more
German police arrest man suspected of planning attack - Focus
BERLIN, Aug 17 (Reuters) - German elite police have arrested
a 27-year old German man suspected of having explosives in his
apartment and planning an attack at a festival in the eastern
town of...
Read more
a 27-year old German man suspected of having explosives in his
apartment and planning an attack at a festival in the eastern
town of...
Read more
UPDATE 1-Ratings warning pushes Portuguese bond yields higher for second day
LONDON, Aug 17 (Reuters) - Portugal's 10-year government
bond yield rose sharply for a second straight day on Wednesday,
hitting its highest in almost three weeks after a warning from
credit agency...
Read more
bond yield rose sharply for a second straight day on Wednesday,
hitting its highest in almost three weeks after a warning from
credit agency...
Read more
PRESS DIGEST-Canada - Aug 17
Aug 17 (Reuters) - The following are the top stories from
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
selected Canadian newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
Spanish public debt jumps above 100 percent of GDP in June
MADRID, Aug 17 (Reuters) - Spanish gross debt rose to a
record high 1.1 trillion euros ($1.24 trillion) in June, Bank of
Spain data showed on Wednesday, which the economy ministry said
that was...
Read more
record high 1.1 trillion euros ($1.24 trillion) in June, Bank of
Spain data showed on Wednesday, which the economy ministry said
that was...
Read more
CEE MARKETS-Assets ease on hawkish Fed comments; Polish data in focus
* Rising Fed rate hike expectation weighs on CEE assets
* Forint retreats to weak side of 310 versus euro
* Polish data may add fuel to monetary easing speculation
* Serbian central bank...
Read more
* Forint retreats to weak side of 310 versus euro
* Polish data may add fuel to monetary easing speculation
* Serbian central bank...
Read more
Spain yields fall on hopes of end to political stalemate
LONDON, Aug 17 (Reuters) - Spanish bond yields fell from
one-week highs on Wednesday ahead of a meeting that could pave
the way for the formation of a new government and end eight
months of political...
Read more
one-week highs on Wednesday ahead of a meeting that could pave
the way for the formation of a new government and end eight
months of political...
Read more
Tuesday, August 16, 2016
GLOBAL MARKETS-Asian stocks step back from 1-year high after Fed rate talks
TOKYO, Aug 17 (Reuters) - Asian shares stepped back from a
one-year high on Wednesday after the influential New York
Federal Reserve Bank president said the Fed could raise interest
rates as soon as...
Read more
one-year high on Wednesday after the influential New York
Federal Reserve Bank president said the Fed could raise interest
rates as soon as...
Read more
UPDATE 1-Maduro says Venezuela signs $4.5 bln in deals that include Canadian and U.S. miners
CARACAS, Aug 16 (Reuters) - President Nicolas Maduro said on
Tuesday that Venezuela had struck $4.5 billion in mining deals
with foreign and domestic companies, part of plan to lift the
OPEC nation's...
Read more
Tuesday that Venezuela had struck $4.5 billion in mining deals
with foreign and domestic companies, part of plan to lift the
OPEC nation's...
Read more
Maduro says Venezuela signs $4.5 bln mining deals, gives no details
CARACAS, Aug 16 (Reuters) - President Nicolas Maduro said on
Tuesday that Venezuela had signed $4.5 billion in mining deals
for investment in the South American country's southern mineral
belt, but...
Read more
Tuesday that Venezuela had signed $4.5 billion in mining deals
for investment in the South American country's southern mineral
belt, but...
Read more
BRIEF-Virtu Financial says files for mixed shelf of up to $500 mln
* Says files for mixed shelf of up to $500 million - SEC
filing
Source text for Eikon: (http://bit.ly/2b2gjYw)
Further company coverage:
Read more
filing
Source text for Eikon: (http://bit.ly/2b2gjYw)
Further company coverage:
Read more
BRIEF-Wolverine Worldwide announces pricing of senior notes
* Pricing of its offering of $250 million aggregate
principal amount of 5.000% senior notes due 2026
Source text for Eikon:
Further company coverage:
Read more
principal amount of 5.000% senior notes due 2026
Source text for Eikon:
Further company coverage:
Read more
GLOBAL MARKETS-Stocks fall, bond yields rise as Fed's Dudley ups rate hike bets
* Oil prices fall after hitting highest in over five weeks
(Updates to afternoon trading, adds quote)
Read more
(Updates to afternoon trading, adds quote)
Read more
Offshore dollar money fund assets post big drop in week - iMoneynet
NEW YORK, Aug 16 (Reuters) - Overseas dollar-denominated
money market funds posted their biggest drop in assets for 2016
last week, led by a steep fall in prime fund assets, the
Offshore Money Fund...
Read more
money market funds posted their biggest drop in assets for 2016
last week, led by a steep fall in prime fund assets, the
Offshore Money Fund...
Read more
BRIEF-Chieftain Metals receives repayment demand of C$26.5 mln from West Face Capital
* Co, unit received from West Face Capital Inc a repayment
demand in amount of C$26.5 million
Read more
demand in amount of C$26.5 million
Read more
UPDATE 1-Abengoa expects backing of creditors for restructuring by Sept. 30
MADRID, Aug 16 (Reuters) - Spanish renewable energy and
engineering firm Abengoa expects to win the support
of 75 percent of its creditors for a restructuring plan by Sept.
30, it said on Tuesday.
Read more
engineering firm Abengoa expects to win the support
of 75 percent of its creditors for a restructuring plan by Sept.
30, it said on Tuesday.
Read more
UPDATE 1-Univision bids for Gawker, challenging Ziff Davis-sources
NEW YORK, Aug 16 (Reuters) - Univision Holdings Inc
has offered to acquire Gawker Media LLC, challenging a $90
million stalking horse bid from media company Ziff Davis LLC in
the auction for the...
Read more
has offered to acquire Gawker Media LLC, challenging a $90
million stalking horse bid from media company Ziff Davis LLC in
the auction for the...
Read more
EMERGING MARKETS-Latam currency gains ease on U.S. rate hike concerns
By Bruno Federowski
SAO PAULO, Aug 16 (Reuters) - Latin American currencies gave
back some gains on Tuesday after an influential U.S. Federal
Reserve policymaker said U.S. interest rates could...
Read more
SAO PAULO, Aug 16 (Reuters) - Latin American currencies gave
back some gains on Tuesday after an influential U.S. Federal
Reserve policymaker said U.S. interest rates could...
Read more
UPDATE 1-Portugal's bond yields surge after DBRS warns on rating
LONDON, Aug 16 (Reuters) - Portuguese government bond yields
were set on Tuesday for their biggest daily rise since Britain's
vote to leave the European Union, after rating agency DBRS told
Reuters...
Read more
were set on Tuesday for their biggest daily rise since Britain's
vote to leave the European Union, after rating agency DBRS told
Reuters...
Read more
BRIEF-Entergy files for potential senior notes offering; size not disclosed
* Files for potential senior notes offering; size not
disclosed - SEC filing
Source text (http://bit.ly/2aYvVhe)
Further company coverage:
Read more
disclosed - SEC filing
Source text (http://bit.ly/2aYvVhe)
Further company coverage:
Read more
BRIEF-Wolverine World Wide to offer $250 mln of senior notes due 2026
* Intends to offer $250 million in aggregate principal
amount of senior notes due 2026 - sec filing
Read more
amount of senior notes due 2026 - sec filing
Read more
UPDATE 1-Blackstone pulls out of Taipei 101 tower deal - sources
TAIPEI, Aug 16 (Reuters) - Blackstone has pulled out
of a potential $700 million investment in the Taipei 101 tower
operator after the Taiwanese group declined to disclose certain
financial details,...
Read more
of a potential $700 million investment in the Taipei 101 tower
operator after the Taiwanese group declined to disclose certain
financial details,...
Read more
Blackstone pulls out of prospective Taipei 101 tower operator stake deal -sources
HONG KONG, Aug 16 (Reuters) - Blackstone has pulled
out of a potential $700 million investment into the Taipei 101
tower operator after the Taiwanese group declined to disclose
certain financial...
Read more
out of a potential $700 million investment into the Taipei 101
tower operator after the Taiwanese group declined to disclose
certain financial...
Read more
Canadian small business lending falls for seventh month - PayNet
OTTAWA, Aug 16 (Reuters) - Canadian small business lending
tumbled in June for the seventh consecutive month, data from
PayNet showed on Tuesday, as firms were unwilling to spend more
on investment...
Read more
tumbled in June for the seventh consecutive month, data from
PayNet showed on Tuesday, as firms were unwilling to spend more
on investment...
Read more
GLOBAL MARKETS-World stocks edge away from one-year peak, dollar on defensive
LONDON, Aug 16 (Reuters) - World stocks markets edged away
from one-year peaks on Tuesday as a stellar rally stalled, while
the dollar hit a one-month low against the yen as recent weak
U.S. economic...
Read more
from one-year peaks on Tuesday as a stellar rally stalled, while
the dollar hit a one-month low against the yen as recent weak
U.S. economic...
Read more
Euro zone yields fall as Britain takes second stab at long-bond buying
LONDON, Aug 16 (Reuters) - Euro zone government bond yields
fell on Tuesday ahead of the Bank of England's second attempt to
buy long-dated debt under its relaunched quantitative easing
programme.
Read more
fell on Tuesday ahead of the Bank of England's second attempt to
buy long-dated debt under its relaunched quantitative easing
programme.
Read more
Russia to decide in autumn whether to top up sovereign Eurobond issue - FinMin
MOSCOW, Aug 16 (Reuters) - Russia's Finance Ministry will
decide in autumn whether to top up sovereign Eurobond issue,
Konstantin Vyshkovsky, head of the ministry's debt department,
told Reuters.
Read more
decide in autumn whether to top up sovereign Eurobond issue,
Konstantin Vyshkovsky, head of the ministry's debt department,
told Reuters.
Read more
RPT-Bollore's raider reputation rattles Berlusconis in battle of billionaires
PARIS, Aug 12 (Reuters) - When French tycoon Vincent Bollore
backed out of a deal to buy the pay-TV business of Italian
broadcaster Mediaset, and instead proposed to take a
large slice of the parent...
Read more
backed out of a deal to buy the pay-TV business of Italian
broadcaster Mediaset, and instead proposed to take a
large slice of the parent...
Read more
Britain needs growth reforms to complement BoE Brexit policy - El-Erian says
LONDON, Aug 16 (Reuters) - Britain must complement the Bank
of England's post-Brexit vote stimulus with a concerted
government attempt to foster growth or risk unsettling
volatility in financial...
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of England's post-Brexit vote stimulus with a concerted
government attempt to foster growth or risk unsettling
volatility in financial...
Read more
Monday, August 15, 2016
Univision bids for Gawker, challenging Ziff Davis-sources
NEW YORK, Aug 16 (Reuters) - Univision Holdings Inc
has offered to acquire Gawker Media LLC, challenging a $90
million stalking horse bid from media company Ziff Davis LLC in
the auction for the...
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has offered to acquire Gawker Media LLC, challenging a $90
million stalking horse bid from media company Ziff Davis LLC in
the auction for the...
Read more
JGB futures edge up as Tokyo stocks stumble
TOKYO, Aug 16 (Reuters) - Japanese government bond futures
edged up on Tuesday as Tokyo stocks slipped on a stronger yen
and enhanced the appeal of safe-haven debt.
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edged up on Tuesday as Tokyo stocks slipped on a stronger yen
and enhanced the appeal of safe-haven debt.
Read more
GLOBAL MARKETS-Asia stocks at 1-year high on global easy money policy, oil jumps
TOKYO, Aug 16 (Reuters) - Asian shares rose to one-year
highs, expanding their gains this year to almost 10 percent,
supported by a jump in oil prices and investor expectations of
an extended phase...
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highs, expanding their gains this year to almost 10 percent,
supported by a jump in oil prices and investor expectations of
an extended phase...
Read more
MIDEAST STOCKS - Factors to watch - Aug 16
Aug 16 (Reuters) - Here are some factors that may affect
Middle East stock markets on Tuesday. Reuters has not verified
the press reports and does not vouch for their accuracy.
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Middle East stock markets on Tuesday. Reuters has not verified
the press reports and does not vouch for their accuracy.
Read more
REFILE-Hedge fund manager used terminally ill patients for profit -SEC
Aug 15 (Reuters) - A hedge-fund manager paid terminally ill
patients to use their names in a bond-buying scheme that
generated $9.5 million in profits, a U.S. securities regulator
said on Monday.
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patients to use their names in a bond-buying scheme that
generated $9.5 million in profits, a U.S. securities regulator
said on Monday.
Read more
PRESS DIGEST- British Business - Aug 16
Aug 16 (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.
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business pages of British newspapers. Reuters has not verified
these stories and does not vouch for their accuracy.
Read more
UPDATE 1-Foreigners sell U.S. Treasuries for 3rd month in June -data
NEW YORK, Aug 15 (Reuters) - Foreigners sold U.S. Treasury
bonds and notes for a third consecutive month in June, data
from the U.S. Treasury department showed on Monday, with some
analysts pointing...
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bonds and notes for a third consecutive month in June, data
from the U.S. Treasury department showed on Monday, with some
analysts pointing...
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BRIEF-Neff Corp says files for stock shelf of up to $147.2 mln
* Neff corp says files for stock shelf of up to $147.2
million; may issue offering to the selling stockholders who are
holders of 16.2 million common units
Source text for Eikon:
Further company...
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million; may issue offering to the selling stockholders who are
holders of 16.2 million common units
Source text for Eikon:
Further company...
Read more
BRIEF-S&P downgrades Chesapeake Energy Corp to 'CC' on two tender offerings
* Chesapeake Energy Corp downgraded to 'CC' on two tender
offerings; outlook negative; new term loan rated 'B-'
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offerings; outlook negative; new term loan rated 'B-'
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BRIEF-Full House Resorts files for stock shelf of up to $5 million
* Says files for stock shelf of up to $5 million - SEC
Filing
Source - http://bit.ly/2aYjtwo
Further company coverage:
Read more
Filing
Source - http://bit.ly/2aYjtwo
Further company coverage:
Read more
BRIEF-Uravan reports private placement
* Proceeds of offering to be used to fund completion of
three 900-meter diamond drill-holes on co's property in
athabasca basin
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three 900-meter diamond drill-holes on co's property in
athabasca basin
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New online income declaration system flops in Ukraine
KIEV, Aug 15 (Reuters) - Ukrainian efforts to stamp out tax
evasion and corruption among public officials in line with
commitments to the IMF hit a setback on Monday when a new online
income...
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evasion and corruption among public officials in line with
commitments to the IMF hit a setback on Monday when a new online
income...
Read more
RPT-More upside seen for high-flying junk bonds in low-yield world
NEW YORK, Aug 14 (Reuters) - Several of this year's
top-performing bond funds are sticking with high-yield "junk"
bonds, convinced that a global hunt for returns will keep the
speculative-grade U.S....
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top-performing bond funds are sticking with high-yield "junk"
bonds, convinced that a global hunt for returns will keep the
speculative-grade U.S....
Read more
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