SAO PAULO, Sept 22 (Reuters) - Brazilian Judge Sergio Moro
revoked an order for the temporary detention of former Finance
Minister Guido Mantega on Thursday, citing his cooperation with
a search of...
Read more
Thursday, September 22, 2016
GLOBAL MARKETS-Stocks jump as Fed soothes nerves; bond prices up
* Dollar falls
(Updates with early U.S. markets activity, changes dateline,
previous LONDON)
Read more
(Updates with early U.S. markets activity, changes dateline,
previous LONDON)
Read more
Demand for Russia's top-up Eurobond exceeds $7.5 bln - Interfax cites source
MOSCOW, Sept 22 (Reuters) - Demand for a top-up sovereign
Eurobond launched by Russia on Thursday exceeded $7.5 billion, a
financial market source told Interfax, adding the top-up was
priced at...
Read more
Eurobond launched by Russia on Thursday exceeded $7.5 billion, a
financial market source told Interfax, adding the top-up was
priced at...
Read more
HIGHLIGHTS-South African central bank comments on rate decision
PRETORIA, Sept 22 (Reuters) - Below are comments from South
African Reserve Bank Governor Lesetja Kganyago on Thursday as he
announced the central bank's latest decision on its benchmark
repo rate.
Read more
African Reserve Bank Governor Lesetja Kganyago on Thursday as he
announced the central bank's latest decision on its benchmark
repo rate.
Read more
South Africa's Kganyago says may be close to end of tightening cycle
JOHANNESBURG, Sept 22 (Reuters) - For highlights of South
African Reserve Bank Governor Lesetja Kganyago's news conference
after the central bank's policy meeting, and quotes from the
central bank...
Read more
African Reserve Bank Governor Lesetja Kganyago's news conference
after the central bank's policy meeting, and quotes from the
central bank...
Read more
Bank of England's Forbes sees no case for further rate cut
LONDON, Sept 22 (Reuters) - Bank of England policymaker
Kristin Forbes said she did not yet see a case for a further
interest rate cut to help Britain's economy after June's vote to
leave the...
Read more
Kristin Forbes said she did not yet see a case for a further
interest rate cut to help Britain's economy after June's vote to
leave the...
Read more
Former Brazil finance minister arrested in graft probe -source
SAO PAULO, Sept 22 (Reuters) - Brazilian police arrested
former Finance Minister Guido Mantega on Thursday as part of a
sweeping corruption investigation into political kickbacks on
contracts at...
Read more
former Finance Minister Guido Mantega on Thursday as part of a
sweeping corruption investigation into political kickbacks on
contracts at...
Read more
Turkey central bank cuts rates for seventh straight month
ISTANBUL, Sept 22 (Reuters) - Turkey's central bank cut its
overnight lending rate by 25 basis points on Thursday, setting
aside concerns about inflation and possible ratings downgrades
after...
Read more
overnight lending rate by 25 basis points on Thursday, setting
aside concerns about inflation and possible ratings downgrades
after...
Read more
Demand for Russia's Eurobond seen at more than $3 bln
MOSCOW, Sept 22 (Reuters) - Demand for Russia's Eurobond top
up has exceeded $3 billion, sources in the financial sector told
Reuters on Thursday.
Read more
up has exceeded $3 billion, sources in the financial sector told
Reuters on Thursday.
Read more
BRIEF-Deluxe corp enters into an Omnibus Amendment no. 3 to credit agreement
* On September 21, 2016, Deluxe corporation entered into an
Omnibus Amendment no. 3 to credit agreement - SEC filing
Read more
Omnibus Amendment no. 3 to credit agreement - SEC filing
Read more
EMERGING MARKETS-Dovish Fed triggers renewed surge in emerging markets
By Sujata Rao
LONDON, Sept 22 (Reuters) - A dovish U.S. Federal Reserve
message gave emerging markets renewed impetus on Thursday,
pushing the benchmark equity index to two-week highs...
Read more
LONDON, Sept 22 (Reuters) - A dovish U.S. Federal Reserve
message gave emerging markets renewed impetus on Thursday,
pushing the benchmark equity index to two-week highs...
Read more
CEE MARKETS-Assets rise on Fed but year-end may be shaky
* Forint at 7-month high, zloty firms to 5-week high vs euro
* Less Fed rate rise backs CEE assets, risks rise near
end-2016
* Some assets buck regional rise, investors are cautious
*...
Read more
* Less Fed rate rise backs CEE assets, risks rise near
end-2016
* Some assets buck regional rise, investors are cautious
*...
Read more
RPT-Germany's 10-year Bund yield hits two-week low after Fed
LONDON, Sept 22 (Reuters) - Germany's benchmark 10-year Bund
yield fell to two-week lows on Thursday, moving decisively back
into negative territory after the U.S. Federal Reserve lowered
its...
Read more
yield fell to two-week lows on Thursday, moving decisively back
into negative territory after the U.S. Federal Reserve lowered
its...
Read more
Germany's 10-year Bund yield hits two-week low after Fed
LONDON, Sept 22 (Reuters) - Germany's benchmark 10-year Bund
yield fell to two-week lows on Thursday, moving decisively back
into negative territory after the U.S. Federal Reserve lowered
its...
Read more
yield fell to two-week lows on Thursday, moving decisively back
into negative territory after the U.S. Federal Reserve lowered
its...
Read more
Wednesday, September 21, 2016
UPDATE 1-Venezuela election board sinks push for Maduro referendum in 2016
CARACAS, Sept 21 (Reuters) - Venezuela's national election
board on Wednesday dashed opposition hopes of holding a
referendum this year to remove unpopular socialist President
Nicolas Maduro.
Read more
board on Wednesday dashed opposition hopes of holding a
referendum this year to remove unpopular socialist President
Nicolas Maduro.
Read more
RPT-Less QQE, more YCC? With new framework, BOJ braces for long-term battle
TOKYO, Sept 21 (Reuters) - Running out of tools to battle
external headwinds, the Bank of Japan has opted to set a yield
curve control - an idea it has long discussed internally as a
future option,...
Read more
external headwinds, the Bank of Japan has opted to set a yield
curve control - an idea it has long discussed internally as a
future option,...
Read more
GLOBAL MARKETS-Asian shares surge, dollar lags on slow-motion Fed
SINGAPORE/SYDNEY, Sept 22 (Reuters) - Asian shares surged on
Thursday, taking their cue from Wall Street, after the Federal
Reserve left U.S. interest rates unchanged and slowed the pace
of future...
Read more
Thursday, taking their cue from Wall Street, after the Federal
Reserve left U.S. interest rates unchanged and slowed the pace
of future...
Read more
UPDATE 2-NZ's central bank stands pat but keeps door open to easing
* New Zealand dollar weakens after RBNZ jawboning
(Adds context, market reaction, comment from economist)
Read more
(Adds context, market reaction, comment from economist)
Read more
Argentina says fiscal deficit widened to 37.2 bln pesos in August
BUENOS AIRES, Sept 21 (Reuters) - Argentina posted a primary
fiscal deficit of 37.2 billion pesos($2.46 billion) in August,
the Finance Ministry said on Wednesday, around twice as high as
the deficit...
Read more
fiscal deficit of 37.2 billion pesos($2.46 billion) in August,
the Finance Ministry said on Wednesday, around twice as high as
the deficit...
Read more
UPDATE 1-DoubleLine shorting some restaurants, airlines and retailers -CNBC
NEW YORK, Sept 21 (Reuters) - Jeffrey Gundlach, chief
executive of DoubleLine Capital, said on CNBC television
onWednesday that he has been selectively shorting shares in some
restaurants, airlines...
Read more
executive of DoubleLine Capital, said on CNBC television
onWednesday that he has been selectively shorting shares in some
restaurants, airlines...
Read more
UPDATE 1-Brazil's BR Properties mulls offering in sign of possible M&A
SAO PAULO, Sept 21 (Reuters) - BR Properties SA is analyzing
whether to raise capital through a share offering, Chief
Executive Martin Jaco said on Wednesday, a sign that the
Brazilian commercial...
Read more
whether to raise capital through a share offering, Chief
Executive Martin Jaco said on Wednesday, a sign that the
Brazilian commercial...
Read more
Gundlach says DoubleLine shorting some restaurants, airlines and retailers -CNBC
NEW YORK, Sept 21 (Reuters) - Jeffrey Gundlach, chief
executive of DoubleLine Capital, said on CNBC television
Wednesday that he has been selectively shorting shares in some
restaurants, airlines and...
Read more
executive of DoubleLine Capital, said on CNBC television
Wednesday that he has been selectively shorting shares in some
restaurants, airlines and...
Read more
BRIEF-Spire files for potential mixed shelf size undisclosed - SEC filing
* Says files for potential mixed shelf; size undisclosed -
SEC filing
Source text for Eikon:
Further company coverage:
Read more
SEC filing
Source text for Eikon:
Further company coverage:
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PM: Russia will not print money to cover budget shortfalls
MOSCOW, Sept 22 (Reuters) - Russia will not start printing
money to support economic growth and will not allow populism to
dictate the budget, Prime Minister Dmitry Medvedev wrote in an
article...
Read more
money to support economic growth and will not allow populism to
dictate the budget, Prime Minister Dmitry Medvedev wrote in an
article...
Read more
TREASURIES-U.S. longer-dated yields fall after Fed downgrades outlook
* Fed says case strengthened for a U.S. rate increase
* But Fed revises down view of growth, interest rates
* Yields climb earlier as BOJ changes policy stance
* U.S. yield curve...
Read more
* But Fed revises down view of growth, interest rates
* Yields climb earlier as BOJ changes policy stance
* U.S. yield curve...
Read more
REFILE-MOVES-BlueCrest hires two ex-Visium portfolio managers
LONDON, Sept 21 (Reuters) - BlueCrest Capital Management has
hired two former money managers from shuttered Visium Asset
Management's London office.
Read more
hired two former money managers from shuttered Visium Asset
Management's London office.
Read more
HIGHLIGHTS-Fed chief Yellen's news conference after FOMC meeting
WASHINGTON, Sept 21 (Reuters) - The following are highlights
of Federal Reserve Chair Janet Yellen's press conference on
Wednesday following the end of a two-day meeting of the U.S.
central bank's...
Read more
of Federal Reserve Chair Janet Yellen's press conference on
Wednesday following the end of a two-day meeting of the U.S.
central bank's...
Read more
Traders trim bets on Fed rate hike later this year
Sept 21 (Reuters) - U.S. short-term interest rate futures
trimmed earlier losses and some nearer-term maturities rose on
Wednesday after the Federal Reserve kept rates steady and
signaled future rate...
Read more
trimmed earlier losses and some nearer-term maturities rose on
Wednesday after the Federal Reserve kept rates steady and
signaled future rate...
Read more
BRIEF-Moody's Assigns Aa2 to MA School Build. Auth.'s $625M Senior Sales Tax Bonds, 2016 Ser. B & C; Outlook stable
* Moody's Assigns Aa2 to MA School Build. Auth.'s $625M
Senior Sales Tax Bonds, 2016 Ser. B & C; Outlook stable
Source text for Eikon:
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Senior Sales Tax Bonds, 2016 Ser. B & C; Outlook stable
Source text for Eikon:
Read more
U.S. fund investors slow bond binge, retreat from gold and stocks -ICI
By Trevor Hunnicutt
NEW YORK, Sept 21 (Reuters) - Investors retreated from
U.S.-based funds as stocks and bonds slid, pulling the most cash
in the latest week since the British vote to quit the...
Read more
NEW YORK, Sept 21 (Reuters) - Investors retreated from
U.S.-based funds as stocks and bonds slid, pulling the most cash
in the latest week since the British vote to quit the...
Read more
BRIEF-Standard Bank SA, OPIC, Wells Fargo sign sign $300 mln facility
* Standard Bank, OPIC and Wells Fargo sign $300 mln facility
to support power and infrastructure projects in Africa
Read more
to support power and infrastructure projects in Africa
Read more
GLOBAL MARKETS-Stocks gain, dollar falls after BOJ; eyes on Fed
* Oil prices jump after EIA data
(Updates with early U.S. market activity, changes dateline,
previous LONDON)
Read more
(Updates with early U.S. market activity, changes dateline,
previous LONDON)
Read more
Fitch sees European bank fines likely below Deutsche's $14 bln
LONDON, Sept 21 (Reuters) - European banks are likely to
reach final U.S. settlements over alleged mis-selling of
mortgage-backed securities well below the $14 billion claimed by
the Department of...
Read more
reach final U.S. settlements over alleged mis-selling of
mortgage-backed securities well below the $14 billion claimed by
the Department of...
Read more
Russia 2017-19 budget should be based on oil at $40/bbl - PM
MOSCOW, Sept 21 (Reuters) - Russian Prime Minister Dmitry
Medvedev said on Wednesday the country's budget for the next
three years should be based on an average price of oil of $40
per barrel.
Read more
Medvedev said on Wednesday the country's budget for the next
three years should be based on an average price of oil of $40
per barrel.
Read more
Fewer negative-yielding JGBs after BOJ move - Fitch
NEW YORK, Sept 21 (Reuters) - The amount of Japanese
government bonds with negative yields will likely fall due to
the Bank of Japan's policy shift on Wednesday to target yield
levels rather than...
Read more
government bonds with negative yields will likely fall due to
the Bank of Japan's policy shift on Wednesday to target yield
levels rather than...
Read more
UPDATE 1-Third Point's Loeb: BOJ move will have "positive" impact for markets
NEW YORK, Sept 21 (Reuters) - Hedge fund manager Daniel Loeb
said the Bank of Japan's decision earlier on Wednesday to target
interest rates on government bonds will have "very positive
implications...
Read more
said the Bank of Japan's decision earlier on Wednesday to target
interest rates on government bonds will have "very positive
implications...
Read more
UPDATE 1-Iraqi finance minister sacked, risking economic fallout
BAGHDAD, Sept 21 (Reuters) - Iraq's parliament removed
Finance Minister Hoshiyar Zebari from office on Wednesday over
corruption allegations, a move that risks further destabilising
the major OPEC...
Read more
Finance Minister Hoshiyar Zebari from office on Wednesday over
corruption allegations, a move that risks further destabilising
the major OPEC...
Read more
GLOBAL MARKETS-Over to the Fed after world stocks get a lift from BOJ
LONDON, Sept 21 (Reuters) - World stocks rose on Wednesday,
led by a surge in bank shares, after the Bank of Japan
overhauled its monetary policy to target interest rates, though
the yen recovered...
Read more
led by a surge in bank shares, after the Bank of Japan
overhauled its monetary policy to target interest rates, though
the yen recovered...
Read more
Tale of Eldorado does little to dampen Brazilian bond allure
LONDON/SAO PAULO, Sept 21 (Reuters) - Eldorado may offer a
cautionary tale for investing in Brazilian bonds, yet a 20
percent fall in the pulpmaker's debt since it borrowed $350
million in June has...
Read more
cautionary tale for investing in Brazilian bonds, yet a 20
percent fall in the pulpmaker's debt since it borrowed $350
million in June has...
Read more
Moody's: shock to Turkish economy from coup has largely dissipated
LONDON, Sept 21 (Reuters) - The shock to Turkey's economy
from the failed July 15 coup has largely dissipated, ratings
agency Moody's said on Wednesday, adding it expected to conclude
its rating...
Read more
from the failed July 15 coup has largely dissipated, ratings
agency Moody's said on Wednesday, adding it expected to conclude
its rating...
Read more
EMERGING MARKETS-Emerging stocks track Nikkei higher after BOJ, await Fed
LONDON, Sept 21 (Reuters) - Asian stock market gains on the
back of a rally in Tokyo boosted emerging equities half a
percent on Wednesday as investors digested the Bank of Japan's
latest policy...
Read more
back of a rally in Tokyo boosted emerging equities half a
percent on Wednesday as investors digested the Bank of Japan's
latest policy...
Read more
CEE MARKETS-Equities, forint rebound, Polish assets lag behind
* Equities mostly track rebound in Western Europe and Asia
* Forint regains ground after dip on central bank easing
* Polish assets underperform on political worries
By Sandor Peto and...
Read more
* Forint regains ground after dip on central bank easing
* Polish assets underperform on political worries
By Sandor Peto and...
Read more
Moody's: Unlikely to review UK rating after Autumn Statement
LONDON, Sept 21 (Reuters) - Ratings agency Moody's said on
Wednesday it will focus on the UK government's fiscal
consolidation plans at the upcoming half-yearly budget update,
but is unlikely to...
Read more
Wednesday it will focus on the UK government's fiscal
consolidation plans at the upcoming half-yearly budget update,
but is unlikely to...
Read more
CEO confident Novo Banco will be sold, cites new investor interest
LISBON, Sept 21 (Reuters) - New institutional investors have
shown interest in Portugal's Novo Banco, which the state is
trying to sell to recover billions of euros in rescue loans, in
the past...
Read more
shown interest in Portugal's Novo Banco, which the state is
trying to sell to recover billions of euros in rescue loans, in
the past...
Read more
GLOBAL MARKETS-BOJ rate surprise lifts world stocks ahead of Fed
LONDON, Sept 21 (Reuters) - World stocks rose on Wednesday,
led by a surge in bank shares, while the yen weakened after the
Bank of Japan surprised markets by adopting a target for
long-term interest...
Read more
led by a surge in bank shares, while the yen weakened after the
Bank of Japan surprised markets by adopting a target for
long-term interest...
Read more
Tuesday, September 20, 2016
PRESS DIGEST - Wall Street Journal - Sept 21
Sept 21 (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
JGB yields rise after BOJ surprises with 0 pct target for 10-yr bonds yield
TOKYO, Sept 21 (Reuters) - Japanese government bond yields
rose on Wednesday after the Bank of Japan surprised markets by
saying it would aim to guide the 10-year bond yield to around
zero percent as...
Read more
rose on Wednesday after the Bank of Japan surprised markets by
saying it would aim to guide the 10-year bond yield to around
zero percent as...
Read more
RPT-BOJ overhauls policy, sets yield curve target
TOKYO, Sept 21 (Reuters) - The Bank of Japan on Wednesday
decided to adopt a target for long-term interest rates in an
overhaul of its massive stimulus programme.
Read more
decided to adopt a target for long-term interest rates in an
overhaul of its massive stimulus programme.
Read more
China says designates clearing bank for renminbi business in New York
NEW YORK, Sept 20 (Reuters) - Chinese Premier Li Keqiang
said on Tuesday that China had decided to designate a Chinese
investment bank as a clearing back for renminbi business in New
York.
Read more
said on Tuesday that China had decided to designate a Chinese
investment bank as a clearing back for renminbi business in New
York.
Read more
Biden meets Ukraine's Poroshenko, urges faster reforms in energy, justice
NEW YORK, Sept 20 (Reuters) - U.S. Vice President Joe Biden
met with Ukrainian President Petro Poroshenko on Tuesday and
said it was imperative for Ukraine's leadership to accelerate
reforms needed...
Read more
met with Ukrainian President Petro Poroshenko on Tuesday and
said it was imperative for Ukraine's leadership to accelerate
reforms needed...
Read more
UPDATE 3-At U.N., Brazil's Temer says Rousseff's ouster was constitutional
UNITED NATIONS, Sept 20 (Reuters) - Brazil's new president,
Michel Temer, told the United Nations General Assembly on
Tuesday that the impeachment of his predecessor Dilma Rousseff
was conducted with...
Read more
Michel Temer, told the United Nations General Assembly on
Tuesday that the impeachment of his predecessor Dilma Rousseff
was conducted with...
Read more
UPDATE 1-China's premier says relations with U.S. will develop no matter who wins election
NEW YORK, Sept 20 (Reuters) - China and the United States
will keep developing positive relations no matter who wins
November's U.S. presidential election, Chinese Premier Li
Keqiang told an economic...
Read more
will keep developing positive relations no matter who wins
November's U.S. presidential election, Chinese Premier Li
Keqiang told an economic...
Read more
RPT-UPDATE 3-States, business groups sue U.S. gov't on overtime pay rule
Sept 20 (Reuters) - Officials from 21 U.S. states on Tuesday
filed a lawsuit claiming an Obama administration rule to extend
mandatory overtime pay to more than 4 million workers will place
a heavy...
Read more
filed a lawsuit claiming an Obama administration rule to extend
mandatory overtime pay to more than 4 million workers will place
a heavy...
Read more
China's premier says sees growth hitting 2016 target
NEW YORK, Sept 20 (Reuters) - China is set to maintain its
economic growth momentum this year, Premier Li Keqiang told an
economic forum in New York on Tuesday.
Read more
economic growth momentum this year, Premier Li Keqiang told an
economic forum in New York on Tuesday.
Read more
BRIEF-MBAC announces creditor approval of restructuring plan
* MBAC Fertilizer Corp says intends to seek an order from
Ontario superior court of justice sanctioning and approving plan
Read more
Ontario superior court of justice sanctioning and approving plan
Read more
BRIEF-Starwood Property enters into a fifth amended and restated master repurchase and securities contract
* On sept. 16, 2016, co entered into a fifth amended and
restated master repurchase and securities contract- SEC filing
Read more
restated master repurchase and securities contract- SEC filing
Read more
BRIEF-Warren Resources - bankruptcy court entered order approving plan of reorganization of co - SEC Filing
* On Sept 14, bankruptcy court entered order approving plan
of reorganization of co and its affiliated debtors
Source text for Eikon: (http://bit.ly/2cFAUDC)
Further company coverage:
Read more
of reorganization of co and its affiliated debtors
Source text for Eikon: (http://bit.ly/2cFAUDC)
Further company coverage:
Read more
UPDATE 4-US senators push Wells Fargo CEO on pay clawbacks after bogus accounts
Sept 20 (Reuters) - U.S. Senate lawmakers excoriated Wells
Fargo & Co's chief on Tuesday for his oversight of the
bank as it opened 2 million bogus customer accounts, potentially
laying the...
Read more
Fargo & Co's chief on Tuesday for his oversight of the
bank as it opened 2 million bogus customer accounts, potentially
laying the...
Read more
UPDATE 3-Canada's rates to stay low, businesses should adjust -central bank
QUEBEC CITY, Quebec, Sept 20 (Reuters) - Canadian interest
rates will stay low for longer as the economy faces strong
headwinds and business investment is weaker than expected, but
government...
Read more
rates will stay low for longer as the economy faces strong
headwinds and business investment is weaker than expected, but
government...
Read more
Vanguard Natural Resources taps Evercore for debt reorganization -sources
Sept 20 (Reuters) - Oil and natural gas explorer Vanguard
Natural Resources LLC has hired Evercore Partners Inc
to explore options for bolstering finances as it
struggles to cope with low energy...
Read more
Natural Resources LLC has hired Evercore Partners Inc
to explore options for bolstering finances as it
struggles to cope with low energy...
Read more
CORRECTED-UPDATE 3-Under Senate fire, Wells Fargo CEO promises to make customers whole
Sept 20 (Reuters) - Wells Fargo & Co's chief
executive officer told a Senate panel on Tuesday that customers
who had bogus accounts opened in their name will be made whole
and compensated for any...
Read more
executive officer told a Senate panel on Tuesday that customers
who had bogus accounts opened in their name will be made whole
and compensated for any...
Read more
Wells Fargo says board will 'assess' clawbacks for Tolstedt
Sept 20 (Reuters) - SENATOR WARREN RELEASES SEPT. 19 LETTER
FROM WELLS FARGO ADDRESSING QUESTIONS OVER PAY 'CLAWBACKS'
Wells fargo & co says tolstedt equity awards total
$96.6m, including vested and...
Read more
FROM WELLS FARGO ADDRESSING QUESTIONS OVER PAY 'CLAWBACKS'
Wells fargo & co says tolstedt equity awards total
$96.6m, including vested and...
Read more
GLOBAL MARKETS-Stocks, dollar edge up; focus turns to Fed, BOJ
* Oil gains
(Updates with early U.S. market activity, changes byline,
dateline, previous LONDON)
Read more
(Updates with early U.S. market activity, changes byline,
dateline, previous LONDON)
Read more
UPDATE 2-Wells Fargo CEO apologizes for 'unethical' bogus accounts
Sept 20 (Reuters) - The chief executive officer of Wells
Fargo & Co on Tuesday apologized for the bank's
years-long practice of opening as many as 2 million bogus
customer accounts that generated...
Read more
Fargo & Co on Tuesday apologized for the bank's
years-long practice of opening as many as 2 million bogus
customer accounts that generated...
Read more
UPDATE 1-Nigeria central bank holds rates, defying reduction call
LAGOS, Sept 20 (Reuters) - Nigeria's central bank kept its
benchmark interest rate at 14 percent on Tuesday, resisting a
call from the country's finance minister to lower borrowing
costs.
Read more
benchmark interest rate at 14 percent on Tuesday, resisting a
call from the country's finance minister to lower borrowing
costs.
Read more
U.S. state, local govt tax revenues down 0.6 pct to $338 bln in Q2
SAN FRANCISCO, Sept 20 (Reuters) - U.S. state and local
government tax revenues decreased to $338.2 billion in the
second quarter of 2016, a decline of 0.6 percent versus the same
period a year ago...
Read more
government tax revenues decreased to $338.2 billion in the
second quarter of 2016, a decline of 0.6 percent versus the same
period a year ago...
Read more
Nigeria central bank keeps benchmark interest rate, cash reserve ratio
LAGOS, Sept 20 (Reuters) - Nigeria's central bank kept its
benchmark interest at 14 percent on Tuesday, and also maintained
existing cash reserve ratios for commercial banks at 22.5
percent.
Read more
benchmark interest at 14 percent on Tuesday, and also maintained
existing cash reserve ratios for commercial banks at 22.5
percent.
Read more
UPDATE 1-RBS says starts winding down shipping business
LONDON, Sept 20 (Reuters) - The Royal Bank of Scotland
has begun winding down its global shipping finance
business, it said on Tuesday, ending efforts to sell it amid a
worsening downturn across the...
Read more
has begun winding down its global shipping finance
business, it said on Tuesday, ending efforts to sell it amid a
worsening downturn across the...
Read more
Fiscal reforms to strengthen Brazil monetary policy -cenbank official
SAO PAULO, Sept 20 (Reuters) - The efficiency of monetary
policy in Brazil will only increase as long as the government
successfully implements reforms to strengthen fiscal
responsibility, central...
Read more
policy in Brazil will only increase as long as the government
successfully implements reforms to strengthen fiscal
responsibility, central...
Read more
GRAPHIC-Credit Suisse sees scope for UK mining dividend rise
LONDON, Sept 20 (Reuters) - Dividend yields at British
mining companies have hit a five-year low just as cash flows in
the sector improve, prompting some analysts to call for higher
payouts as early...
Read more
mining companies have hit a five-year low just as cash flows in
the sector improve, prompting some analysts to call for higher
payouts as early...
Read more
Brazil's Odebrecht may pay whistleblowers $275 mln, Valor says
SAO PAULO, Sept 20 (Reuters) - Brazilian engineering
conglomerate Odebrecht SA may agree to pay up to 900 million
reais ($275 million) in compensation to whistleblowers within
the company to settle a...
Read more
conglomerate Odebrecht SA may agree to pay up to 900 million
reais ($275 million) in compensation to whistleblowers within
the company to settle a...
Read more
UPDATE 3-GlaxoSmithKline names insider Emma Walmsley as new CEO
* GSK shares slip 0.5 percent
(Adds investor reaction, more on consumer business and
dividend)
Read more
(Adds investor reaction, more on consumer business and
dividend)
Read more
CEE MARKETS-Hungarian yields at record low as central bank meets
* Shorter than 10-year Hungarian yields trade at record low
* Hungarian central bank seen limiting depos, a help to
bonds
* CEE stocks, currencies ease ahead of BoJ, Fed meetings
By...
Read more
* Hungarian central bank seen limiting depos, a help to
bonds
* CEE stocks, currencies ease ahead of BoJ, Fed meetings
By...
Read more
EMERGING MARKETS-Hungarian bonds ride rating upgrade to lead gains
LONDON, Sept 20 (Reuters) - Hungarian bonds made fresh gains
on Tuesday, with short-dated yields hitting new record lows
after a credit rating promotion to investment grade, while a
weaker dollar...
Read more
on Tuesday, with short-dated yields hitting new record lows
after a credit rating promotion to investment grade, while a
weaker dollar...
Read more
Mongolia to pitch railway projects to China-backed AIIB - govt adviser
ULAANBAATAR, Sept 20 (Reuters) - Mongolia will pitch a
number of railway projects to the China-initiated Asian
Infrastructure Investment Bank (AIIB), an adviser to the
government told Reuters, as the...
Read more
number of railway projects to the China-initiated Asian
Infrastructure Investment Bank (AIIB), an adviser to the
government told Reuters, as the...
Read more
GLOBAL MARKETS-Stocks and dollar subdued as Fed, BOJ meetings begin
LONDON, Sept 20 (Reuters) - Shares hit pause and the dollar
lost ground against the yen on Tuesday, as investors awaited the
outcomes of Federal Reserve and Bank of Japan meetings that will
both...
Read more
lost ground against the yen on Tuesday, as investors awaited the
outcomes of Federal Reserve and Bank of Japan meetings that will
both...
Read more
Monday, September 19, 2016
Long-dated JGBs gain on short-covering ahead of BOJ
TOKYO, Sept 20 (Reuters) - Long-dated Japanese government
bond prices rose on Tuesday as traders covered their short
positions ahead of a crucial Bank of Japan policy meeting and
following solid...
Read more
bond prices rose on Tuesday as traders covered their short
positions ahead of a crucial Bank of Japan policy meeting and
following solid...
Read more
PRESS DIGEST - Wall Street Journal - Sept 20
Sept 20 (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
China should apply more differentiated property policy as prices surge-Xinhua
SHANGHAI, Sept 20 (Reuters) - China should apply more
differentiated property policy based on local conditions as home
prices surge in some cities, the official Xinhua news agency
said in a...
Read more
differentiated property policy based on local conditions as home
prices surge in some cities, the official Xinhua news agency
said in a...
Read more
BRIEF-Gem International arranges $3 mln private placement
* Announces sale of up to 30 million units at a price of
$0.10 per unit
Source text for Eikon:
Further company coverage:
Read more
$0.10 per unit
Source text for Eikon:
Further company coverage:
Read more
EMERGING MARKETS-Mexico peso, stocks down ahead of Fed decision
(Updates prices)
SAO PAULO, Sept 19 (Reuters) - Mexico's peso and stocks
slipped on Monday as investors showed caution ahead of policy
meetings by the U.S. Federal Reserve and the Bank of Japan...
Read more
SAO PAULO, Sept 19 (Reuters) - Mexico's peso and stocks
slipped on Monday as investors showed caution ahead of policy
meetings by the U.S. Federal Reserve and the Bank of Japan...
Read more
BRIEF-Shire priced its public offering of $12.1 bln aggregate principal amount of senior notes
* Priced its inaugural public offering of $12.1 billion
aggregate principal amount of senior notes
Read more
aggregate principal amount of senior notes
Read more
GLOBAL MARKETS-Asia stocks waver as investors nervously await Fed, BOJ
TOKYO, Sept 20 (Reuters) - Asian shares edged lower on
Tuesday as investors nervously waited on the outcomes of the
Federal Reserve and Bank of Japan policy meetings that begin
later in the session.
Read more
Tuesday as investors nervously waited on the outcomes of the
Federal Reserve and Bank of Japan policy meetings that begin
later in the session.
Read more
PRESS DIGEST- Financial Times - Sept 20
Sept 20 (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-Cheniere announces upsize and pricing of $1.5 billion senior secured notes
* Says principal amount of offering has been increased from
initially announced $1.0 billion to $1.5 billion
Read more
initially announced $1.0 billion to $1.5 billion
Read more
BRIEF-Alcoa says amended its 5-yr revolving credit agreement - SEC Filing
* Entered into an amendment to its five-year revolving
credit agreement, dated as of July 25, 2014
Read more
credit agreement, dated as of July 25, 2014
Read more
CANADA FX DEBT-C$ makes small gain as oil bounce fades, Fed eyed
(Adds analyst comment, updates prices to close)
* Canadian dollar at C$1.3207, or 75.72 U.S. cents
* Bond prices lower across the yield curve
By Alastair Sharp
TORONTO, Sept 19...
Read more
* Canadian dollar at C$1.3207, or 75.72 U.S. cents
* Bond prices lower across the yield curve
By Alastair Sharp
TORONTO, Sept 19...
Read more
UPDATE 1-Argentina will not need more than $15 bln debt in 2017 -Prat-Gay
NEW YORK, Sept 19 (Reuters) - Argentina will not need to
issue more than $10 billion to $15 billion in international debt
next year, Finance Minister Alfonso Prat-Gay said at an event in
New York on...
Read more
issue more than $10 billion to $15 billion in international debt
next year, Finance Minister Alfonso Prat-Gay said at an event in
New York on...
Read more
BRIEF-U.S. Bankruptcy court approval for Energy Future Holdings to enter into merger agreements with Nextera Energy
* Nextera Energy -U.S. Bankruptcy court approval for Energy
Future Holdings to enter into merger agreements with Nextera
Energy represents important next step in overall process toward
acquisition of...
Read more
Future Holdings to enter into merger agreements with Nextera
Energy represents important next step in overall process toward
acquisition of...
Read more
BRIEF-S&P - Oregon's series 2016-I General Obligation bonds rated 'AA+' with a stable outlook
* S&P- Oregon's series 2016-I General Obligation bonds rated
'AA+' with a stable outlook
Source text:[ID:http://bit.ly/2cXmL4H]
Read more
'AA+' with a stable outlook
Source text:[ID:http://bit.ly/2cXmL4H]
Read more
TREASURIES-U.S. yields edge down as profits booked before Fed, BOJ meetings
* U.S. 5-to-30-yr yield curve retreats from steepest since
June
* BOJ seen more likely to make surprise policy move than Fed
* U.S. home builder sentiment index rises to highest...
Read more
June
* BOJ seen more likely to make surprise policy move than Fed
* U.S. home builder sentiment index rises to highest...
Read more
CORRECTED-UPDATE 1-Venezuela's PDVSA bonds fall after swap proposal unveiled
CARACAS, Sept 19 (Reuters) - Venezuelan state oil company
PDVSA's bonds fell on Monday in an unenthusiastic
market reaction to the borrower's $7.1 billion debt swap offer.
Read more
PDVSA's bonds fell on Monday in an unenthusiastic
market reaction to the borrower's $7.1 billion debt swap offer.
Read more
UPDATE 2-Britain's May to meet Goldman, Amazon, IBM to discuss post-Brexit investment
* May says she will get the right deal for Britain
(Adds May comment, details on Brexit negotiations)
Read more
(Adds May comment, details on Brexit negotiations)
Read more
PDVSA 2017s fall on disappointing debt swap terms
NEW YORK, Sept 19 (IFR) - The 2017s issued by Venezuelan oil
company PDVSA were about 1.5 points weaker Monday as investors
largely shunned the terms of a debt exchange targeting US$7.1bn
of those...
Read more
company PDVSA were about 1.5 points weaker Monday as investors
largely shunned the terms of a debt exchange targeting US$7.1bn
of those...
Read more
BOJ may rattle global bond markets as Fed seen on hold
NEW YORK, Sept 19 (Reuters) - The Bank of Japan may steal
the thunder from the U.S. Federal Reserve and its chair Janet
Yellen this week if it chooses to give more monetary stimulus in
its latest...
Read more
the thunder from the U.S. Federal Reserve and its chair Janet
Yellen this week if it chooses to give more monetary stimulus in
its latest...
Read more
RPT-UPDATE 1-Britain's May to meet Goldman, Amazon, IBM to discuss post-Brexit investment
NEW YORK, Sept 19 (Reuters) - British Prime Minister Theresa
May will meet business chiefs from firms including Goldman Sachs
, IBM and Amazon on Monday in an attempt
to reassure investors after her...
Read more
May will meet business chiefs from firms including Goldman Sachs
, IBM and Amazon on Monday in an attempt
to reassure investors after her...
Read more
U.S. home builder sentiment index highest in 11 months
NEW YORK, Sept 19 (Reuters) - A private gauge on U.S. home
builder sentiment unexpectedly rose in September to its
strongest level in 11 months, prompted by renewed interest in
home purchases...
Read more
builder sentiment unexpectedly rose in September to its
strongest level in 11 months, prompted by renewed interest in
home purchases...
Read more
CANADA FX DEBT-C$ strengthens as oil rebounds, stocks climb
* Canadian dollar at C$1.3165, or 75.96 U.S. cents
* Bond prices mixed across the yield curve
TORONTO, Sept 19 (Reuters) - The Canadian dollar on Monday
bounced back from a seven-week low in...
Read more
* Bond prices mixed across the yield curve
TORONTO, Sept 19 (Reuters) - The Canadian dollar on Monday
bounced back from a seven-week low in...
Read more
UPDATE 1-SunEdison's yieldcos exploring strategic options, including sale
Sept 19 (Reuters) - TerraForm Global Inc and
TerraForm Power Inc, the "yieldcos" of bankrupt solar
company SunEdison Inc, said on Monday they were exploring
strategic alternatives, including a sale...
Read more
TerraForm Power Inc, the "yieldcos" of bankrupt solar
company SunEdison Inc, said on Monday they were exploring
strategic alternatives, including a sale...
Read more
BRIEF-GWG Holdings enters into loan and security agreements with LNV and CLMG Corp
* Loan and security agreement makes available total of up to
$172.3 million in credit to borrower with a maturity date of
September 14, 2026
Read more
$172.3 million in credit to borrower with a maturity date of
September 14, 2026
Read more
BRIEF-Cheniere Partners announces offering of $1.0 billion senior secured notes
* Cheniere Partners announces offering of $1.0 billion
senior secured notes due 2027 by Sabine Pass Liquefaction, LLC
Read more
senior secured notes due 2027 by Sabine Pass Liquefaction, LLC
Read more
SunEdison's two yieldcos exploring strategic options, including sale
Sept 19 (Reuters) - TerraForm Global Inc and
TerraForm Power Inc, the "yieldcos" of bankrupt solar
company SunEdion Inc, said on Monday that they were exploring
strategic alternatives, including a...
Read more
TerraForm Power Inc, the "yieldcos" of bankrupt solar
company SunEdion Inc, said on Monday that they were exploring
strategic alternatives, including a...
Read more
GLOBAL MARKETS-Oil rebound hauls up stocks, commodity currencies
LONDON, Sept 19 (Reuters) - Oil prices bounced back from
multi-week lows on Monday, hauling up world stock markets and
commodity-linked currencies, on hints that producers were close
to reaching an...
Read more
multi-week lows on Monday, hauling up world stock markets and
commodity-linked currencies, on hints that producers were close
to reaching an...
Read more
UPDATE 1-EU opens probe into tax deals between Luxembourg and Engie
BRUSSELS, Sept 19 (Reuters) - European Union antitrust
regulators opened a probe on Monday into tax deals granted by
Luxembourg to French power utility Engie, stepping up
the EU's campaign against...
Read more
regulators opened a probe on Monday into tax deals granted by
Luxembourg to French power utility Engie, stepping up
the EU's campaign against...
Read more
EU executive opens investigation into Poland's retail tax
BRUSSELS, Sept 19 (Reuters) - The European Commission opened
an in-depth investigation on Monday into a new Polish
progressive tax on the retail sector and ordered its suspension
until the...
Read more
an in-depth investigation on Monday into a new Polish
progressive tax on the retail sector and ordered its suspension
until the...
Read more
CEE MARKETS-Hungarian assets jump on upgrade, stocks hit nine-year high
* Hungary's stock index at nine-year high after S&P upgrade
* Hungarian bond yields fall about 10 bps, three-year at new
low
* Forint trades just shy of seven-month high vs euro
By...
Read more
* Hungarian bond yields fall about 10 bps, three-year at new
low
* Forint trades just shy of seven-month high vs euro
By...
Read more
EMERGING MARKETS-Emerging stocks jump, led by upgraded Hungary
LONDON, Sept 19 (Reuters) - Emerging stocks rose 1.3 percent
on Monday and currencies firmed on a bet the U.S. Federal
Reserve will not raise interest rates this week, with Hungarian
assets driven...
Read more
on Monday and currencies firmed on a bet the U.S. Federal
Reserve will not raise interest rates this week, with Hungarian
assets driven...
Read more
UPDATE 2-UK Stocks-Factors to watch on Sept 19
Sept 19 (Reuters) - Britain's FTSE 100 index is seen opening up 68
points, or 1 percent, on Monday, according to financial bookmakers, with futures
up 0.94 percent ahead of the cash market open.
Read more
points, or 1 percent, on Monday, according to financial bookmakers, with futures
up 0.94 percent ahead of the cash market open.
Read more
Bund yield clings to zero percent, all eyes on Fed and BOJ
LONDON, Sept 19 (Reuters) - Germany's benchmark 10-year bond
yield held just above zero percent on Monday as the market's
focus was firmly fixed on central bank meetings in Washington
and Tokyo this...
Read more
yield held just above zero percent on Monday as the market's
focus was firmly fixed on central bank meetings in Washington
and Tokyo this...
Read more
UPDATE 1-All Hanjin Shipping chartered vessels to be returned to owners after unloading-judge
SEOUL, Sept 19 (Reuters) - All Hanjin Shipping Co Ltd
chartered vessels that have completed unloading
their cargo have been told to cancel their charter agreements
and return the ships to the...
Read more
chartered vessels that have completed unloading
their cargo have been told to cancel their charter agreements
and return the ships to the...
Read more
BRIEF-Groupe FNAC launches 650 million euros senior notes offering
* Groupe FNAC launches 650 million euros senior notes
offering
Source text for Eikon:
Further company coverage:
(Gdynia Newsroom)
Read more
offering
Source text for Eikon:
Further company coverage:
(Gdynia Newsroom)
Read more
Sunday, September 18, 2016
UK Stocks-Factors to watch on Sept. 19
Sept 19 (Reuters) - Britain's FTSE 100 index is seen opening up 68
points, or 1 percent higher on Monday, according to financial bookmakers.
* The UK blue chip index closed down 0.3 percent...
Read more
points, or 1 percent higher on Monday, according to financial bookmakers.
* The UK blue chip index closed down 0.3 percent...
Read more
BIS warns China banks risk crisis within 3 years
SHANGHAI, Sept 19 (Reuters) - Excessive credit growth in
China is signalling an increasing risk of a banking crisis in
the next three years, a report from the Bank for International
Settlements (BIS)...
Read more
China is signalling an increasing risk of a banking crisis in
the next three years, a report from the Bank for International
Settlements (BIS)...
Read more
GLOBAL MARKETS-Asia stocks hold central bank vigil, oil bounces
SYDNEY, Sept 19 (Reuters) - Caution gripped Asian shares on
Monday ahead of central bank meetings in the United States and
Japan this week, while oil prices bounced on talk of an OPEC
deal on output...
Read more
Monday ahead of central bank meetings in the United States and
Japan this week, while oil prices bounced on talk of an OPEC
deal on output...
Read more
REFILE-UPDATE 1-Chinese second-tier city prices continued to soar in August
BEIJING, Sept 19 (Reuters) - China's home prices rose at a
faster pace in August, suggesting that tightening measures
imposed by a growing number of overheated cities on overheated
markets have yet...
Read more
faster pace in August, suggesting that tightening measures
imposed by a growing number of overheated cities on overheated
markets have yet...
Read more
UPDATE 2-Gasoline prices spike as Colonial begins bypass around damaged line
Sept 18 (Reuters) - Retail gasoline prices surged due to
continuing problems with Colonial Pipeline Co's gasoline line
that carries fuel to the U.S. East Coast, as the company started
to construct a...
Read more
continuing problems with Colonial Pipeline Co's gasoline line
that carries fuel to the U.S. East Coast, as the company started
to construct a...
Read more
UPDATE 1-Venezuela's PDVSA says will honor all 2017 bonds if swap declined
MARGARITA ISLAND, Venezuela, Sept 18 (Reuters) - Venezuela's
state oil company PDVSA said on Sunday it would honor all 2017
bonds if a swap offer is not taken up, while reiterating that
its proposal...
Read more
state oil company PDVSA said on Sunday it would honor all 2017
bonds if a swap offer is not taken up, while reiterating that
its proposal...
Read more
Venezuela's PDVSA says will honor all 2017 bonds if swap declined
MARGARITA ISLAND, Venezuela, Sept 18 (Reuters) - Venezuela's
state oil company PDVSA said on Sunday it would honor all 2017
bonds if a swap offer is not taken up, while reiterating that
its proposal...
Read more
state oil company PDVSA said on Sunday it would honor all 2017
bonds if a swap offer is not taken up, while reiterating that
its proposal...
Read more
Merkel suffers drubbing in Berlin vote due to migrant angst
BERLIN, Sept 18 (Reuters) - Chancellor Angela Merkel's
conservatives suffered their second electoral blow in two weeks
on Sunday, with support for her Christian Democrats (CDU)
plunging to a...
Read more
conservatives suffered their second electoral blow in two weeks
on Sunday, with support for her Christian Democrats (CDU)
plunging to a...
Read more
Gasoline prices spike as Colonial begins bypass around damaged line
Sept 18 (Reuters) - Retail gasoline prices surged on
Saturday due to the ongoing problems with Colonial Pipeline Co's
gasoline line that carries fuel to the U.S. East Coast, as the
company started to...
Read more
Saturday due to the ongoing problems with Colonial Pipeline Co's
gasoline line that carries fuel to the U.S. East Coast, as the
company started to...
Read more
"Dissonant markets" may be underestimating risks to stability - BIS
LONDON, Sept 18 (Reuters) - Financial markets have coped
well with Brexit and other potentially disruptive political
developments recently but asset prices may be running too high
and the potential...
Read more
well with Brexit and other potentially disruptive political
developments recently but asset prices may be running too high
and the potential...
Read more
World's gold miners stick close to home in hunt for more metal
TORONTO/DENVER, Sept 18 (Reuters) - The world's biggest gold
miners are taking a cautious approach in their hunt for bullion,
spending more money to explore around existing mines rather than
new...
Read more
miners are taking a cautious approach in their hunt for bullion,
spending more money to explore around existing mines rather than
new...
Read more
Saturday, September 17, 2016
Merkel faces setback in Berlin vote due to migrant fears
BERLIN, Sept 18 (Reuters) - German Chancellor Angela
Merkel's conservatives look set to suffer a second electoral
blow in two weeks in a Berlin city vote on Sunday as a growing
number of voters are...
Read more
Merkel's conservatives look set to suffer a second electoral
blow in two weeks in a Berlin city vote on Sunday as a growing
number of voters are...
Read more
UPDATE 2-Venezuela summit draws few leaders in blow to Maduro
MARGARITA ISLAND, Venezuela, Sept 17 (Reuters) - Only a
handful of leaders have traveled to a meeting of a large Cold
War-era bloc in Venezuela this week, in an embarrassment for the
crisis-hit...
Read more
handful of leaders have traveled to a meeting of a large Cold
War-era bloc in Venezuela this week, in an embarrassment for the
crisis-hit...
Read more
UPDATE 1-Colonial resumes work on U.S. gasoline line, pump prices rise
Sept 17 (Reuters) - Colonial Pipeline Co said on Saturday it
resumed repairing a leak on a key U.S. gasoline line on Friday
afternoon, but pump prices continued to rise in the southeast as
several...
Read more
resumed repairing a leak on a key U.S. gasoline line on Friday
afternoon, but pump prices continued to rise in the southeast as
several...
Read more
Colonial says has resumed repair work on damaged pipeline
Sept 17 (Reuters) - Colonial Pipeline Co said on
Saturday it had resumed work on repairing its damaged Line 1
gasoline line on Friday afternoon, after having to temporarily
halt work due to vapors at...
Read more
Saturday it had resumed work on repairing its damaged Line 1
gasoline line on Friday afternoon, after having to temporarily
halt work due to vapors at...
Read more
ITT Educational Services files for bankruptcy to start liquidation
SAN FRANCISCO, Sept 16 (Reuters) - ITT Educational Services
Inc filed for bankruptcy on Friday to liquidate its
business after the U.S. government restricted financial aid to
new students of the U.S....
Read more
Inc filed for bankruptcy on Friday to liquidate its
business after the U.S. government restricted financial aid to
new students of the U.S....
Read more
Friday, September 16, 2016
UPDATE 6-Sticker shock seen for U.S. motorists after key pipeline break
(Adds company comment on PHMSA order)
By Devika Krishna Kumar
NEW YORK, Sept 16 (Reuters) - Colonial Pipeline Co aims to
restart a key U.S. gasoline line by Thursday after delays to
repair a...
Read more
By Devika Krishna Kumar
NEW YORK, Sept 16 (Reuters) - Colonial Pipeline Co aims to
restart a key U.S. gasoline line by Thursday after delays to
repair a...
Read more
Brazil listed homebuilder Viver files for bankruptcy protection
SAO PAULO, Sept 16 (Reuters) - Viver Incorporadora &
Construtora SA filed for bankruptcy protection on Friday,
becoming the first listed Brazilian homebuilder ever to seek an
in-court reorganization...
Read more
Construtora SA filed for bankruptcy protection on Friday,
becoming the first listed Brazilian homebuilder ever to seek an
in-court reorganization...
Read more
UPDATE 3-Venezuela's PDVSA offers 2020 bond swap, with 8.5 pct coupon
CARACAS, Sept 16 (Reuters) - Venezuela's state oil company
PDVSA launched on Friday an offer to swap up to $7.1 billion of
debt maturing next year for a new 2020 bond with a coupon of 8.5
percent in...
Read more
PDVSA launched on Friday an offer to swap up to $7.1 billion of
debt maturing next year for a new 2020 bond with a coupon of 8.5
percent in...
Read more
UPDATE 2-Statistics Canada head abruptly quits over loss of independence
OTTAWA, Sept 16 (Reuters) - The head of Canada's statistics
agency resigned in a surprising move on Friday over concerns
that the agency's independence is being compromised, making him
the second top...
Read more
agency resigned in a surprising move on Friday over concerns
that the agency's independence is being compromised, making him
the second top...
Read more
BRIEF-U.S. Department of Transportation's Pipeline and Hazardous Materials Safety Administration issues order requiring Colonial Pipeline Co to take corrective actions following recent failure on Line #1 -statement
* Corrective action order requires colonial to carry out
mechanical and metallurgical testing and failure analysis of the
failed section of pipe
Further company coverage:
(Reporting By Mohammad...
Read more
mechanical and metallurgical testing and failure analysis of the
failed section of pipe
Further company coverage:
(Reporting By Mohammad...
Read more
Brazil's BM&FBovespa taps Andrade as head of products, clients
SAO PAULO, Sept 16 (Reuters) - BM&FBovespa SA, Brazil's sole
financial exchange, has tapped Jose Ribeiro de Andrade as
senior vice president for products and clients.
Read more
financial exchange, has tapped Jose Ribeiro de Andrade as
senior vice president for products and clients.
Read more
BRIEF-Genco:Units enter additional agreements
* Deadline for approval by China Export & Credit Insurance
Corp of maximum leverage ratio covenant waivers was eliminated
Source text - http://bit.ly/2ck6eYX
Further company coverage:
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Corp of maximum leverage ratio covenant waivers was eliminated
Source text - http://bit.ly/2ck6eYX
Further company coverage:
Read more
BRIEF-Tidewater receives limited waiver extensions from its lenders and noteholders
* Company has now received extensions of those limited
waivers of covenant noncompliance until October 21, 2016
Source text for Eikon:
Further company coverage:
Read more
waivers of covenant noncompliance until October 21, 2016
Source text for Eikon:
Further company coverage:
Read more
Venezuela's PDVSA says new 2020 bond to have 8.5 pct coupon
CARACAS, Sept 16 (Reuters) - Venezuela's state oil company
PDVSA said a new 2020 bond being offered from Friday in exchange
for debt maturing next year would carry a coupon of 8.5 percent.
Read more
PDVSA said a new 2020 bond being offered from Friday in exchange
for debt maturing next year would carry a coupon of 8.5 percent.
Read more
Foreigners buy long-term U.S. assets in July -Treasury data
NEW YORK, Sept 16 (Reuters) - Foreigners bought long-term
U.S. securities in July, after selling them the previous month,
data from the U.S. Treasury Department showed on Friday.
Read more
U.S. securities in July, after selling them the previous month,
data from the U.S. Treasury Department showed on Friday.
Read more
Brazil's Cemig in talks with potential buyers of Light stake
SAO PAULO, Sept 16 (Reuters) - Cia Energética de Minas
Gerais SA, Brazil's No. 3 power utility, is currently in
advanced talks with potential partners with which it would share
control of electricity...
Read more
Gerais SA, Brazil's No. 3 power utility, is currently in
advanced talks with potential partners with which it would share
control of electricity...
Read more
California governor signs epinephrine bill, blasts Mylan
SAN FRANCISCO, Sept 16 (Reuters) - California Governor Jerry
Brown on Friday signed a bill to allow businesses across the
state to carry epinephrine auto-injectors, but sharply
admonished drugmaker...
Read more
Brown on Friday signed a bill to allow businesses across the
state to carry epinephrine auto-injectors, but sharply
admonished drugmaker...
Read more
BRIEF-Sequenom announces tender offers, consent solicitations for 5 pct convertible senior notes
* Labcorp subsidiary Sequenom Inc. announces tender offers
and consent solicitations for 5 percent convertible senior notes
due 2017 and 5 percent convertible senior exchange notes due
2018
Read more
and consent solicitations for 5 percent convertible senior notes
due 2017 and 5 percent convertible senior exchange notes due
2018
Read more
U.S. House committee to hold hearing on Wells Fargo sales practices
WASHINGTON, Sept 16 (Reuters) - The U.S. House Financial
Services Committee has opened a probe into Wells Fargo's
sales practices and plans to call the company's chief executive
before lawmakers at...
Read more
Services Committee has opened a probe into Wells Fargo's
sales practices and plans to call the company's chief executive
before lawmakers at...
Read more
GLOBAL MARKETS-Financial stocks drag on market after Deutsche Bank fine, oil down
* Oil drops as growing supplies stoke glut concern
(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-S&P revises Finland sovereign credit outlook to stable from negative
* S&P revises Finland sovereign credit outlook up to stable
from negative; Current rating is AA+
Read more
from negative; Current rating is AA+
Read more
Russian c.bank sees 2016 net capital outflow at $14 bln
MOSCOW, Sept 16 (Reuters) - The Russian central bank expects
the net capital outflow this year at $14 billion, rising to $18
billion in 2017 and $25 billion in 2018 and 2019, according to a
monetary...
Read more
the net capital outflow this year at $14 billion, rising to $18
billion in 2017 and $25 billion in 2018 and 2019, according to a
monetary...
Read more
REFILE- Spiked M&A deals set for record as regulators increase scrutiny
NEW YORK, Sept 16 (IFR) - Bayer will be hoping that its
US$66bn purchase of Monsanto won't succumb to the same failure
that has tripped up many other mergers and acquisitions this
year, as regulators...
Read more
US$66bn purchase of Monsanto won't succumb to the same failure
that has tripped up many other mergers and acquisitions this
year, as regulators...
Read more
BRIEF-Towerstream announces $4 mln public offering
* Says offering consists of about 3 million shares of common
stock at $1.35 per share
Source text for Eikon:
Further company coverage:
Read more
stock at $1.35 per share
Source text for Eikon:
Further company coverage:
Read more
CANADA FX DEBT-C$ weakens to new 7-week low as oil falls
* Canadian dollar at C$1.3240, or 75.53 U.S. cents
* Loonie touches its weakest since July 27 at C$1.3246
* Bond prices mixed across the yield curve
TORONTO, Sept 16 (Reuters) - The...
Read more
* Loonie touches its weakest since July 27 at C$1.3246
* Bond prices mixed across the yield curve
TORONTO, Sept 16 (Reuters) - The...
Read more
Russia cbank says to start bond auctions if liquidity surplus is sustained
MOSCOW, Sept 16 (Reuters) - Russian central bank governor
Elvira Nabiullina said on Friday that a liquidity surplus would
need to be sustained for the central bank to start liquidity
absorption via...
Read more
Elvira Nabiullina said on Friday that a liquidity surplus would
need to be sustained for the central bank to start liquidity
absorption via...
Read more
BRIEF-Unity Bancorp files for mixed shelf of up to $50 million - SEC filing
* Files for mixed shelf of up to $50 million - sec filing
Source text http://bit.ly/2ctM6Xn
Further company coverage:
Read more
Source text http://bit.ly/2ctM6Xn
Further company coverage:
Read more
UPDATE 1-Bank of England aims to revamp interbank payment system by 2020
LONDON, Sept 16 (Reuters) - The Bank of England said on
Friday it aimed to revamp the system that underpins British
banking and trading in the City of London by 2020 to boost its
defences against...
Read more
Friday it aimed to revamp the system that underpins British
banking and trading in the City of London by 2020 to boost its
defences against...
Read more
GLOBAL MARKETS-Deutsche Bank fine compounds miserable week for Europe
LONDON, Sept 16 (Reuters) - A monster fine for Deutsche Bank
compounded a miserable week for European stocks on Friday, while
bonds bounced as weak U.S. retail sales figures triggered a
pullback in...
Read more
compounded a miserable week for European stocks on Friday, while
bonds bounced as weak U.S. retail sales figures triggered a
pullback in...
Read more
PRESS DIGEST-Canada - Sept 16
Sept 16 (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
Cost of insuring Deutsche Bank's debt rises 8 percent after DOJ fine - Markit
LONDON, Sept 16 (Reuters) - The cost of insuring Deutsche
Bank's debt against default rose around 8 percent on Friday
after the U.S. Department of Justice asked the lender to pay $14
billion to...
Read more
Bank's debt against default rose around 8 percent on Friday
after the U.S. Department of Justice asked the lender to pay $14
billion to...
Read more
Portugal's bonds reel from worst day since Brexit
LONDON, Sept 16 (Reuters) - Portuguese bonds reeled from
their worst day since June on Friday, before a ratings review
that will serve as a prelude for a more crucial test of the
country's...
Read more
their worst day since June on Friday, before a ratings review
that will serve as a prelude for a more crucial test of the
country's...
Read more
Indian banks may be able to "deprovision" as they recover - Jaitley
NEW DELHI, Sept 16 (Reuters) - Indian Finance Minister Arun
Jaitley said on Friday that if the economy recovers, banks may
be able to "deprovision" some of the non-performing assets that
are weighing...
Read more
Jaitley said on Friday that if the economy recovers, banks may
be able to "deprovision" some of the non-performing assets that
are weighing...
Read more
There are budgetary constraints on recapitalising Indian banks - Jaitley
NEW DELHI, Sept 16 (Reuters) - Indian Finance Minister Arun
Jaitley pushed back on Friday against calls to increase the
allocation of funds to recapitalise state banks saddled with
$120 billion in...
Read more
Jaitley pushed back on Friday against calls to increase the
allocation of funds to recapitalise state banks saddled with
$120 billion in...
Read more
BRIEF-Avnet updates financing arrangements on Premier Farnell deal
* Term loan credit agreement provides for a single borrowing
by borrowers of up to 500 mln euros
Read more
by borrowers of up to 500 mln euros
Read more
JGB yields up slightly across curve ahead of BOJ, long weekend
TOKYO, Sept 16 (Reuters) - Japanese government bond yields
rose slightly on Friday across the yield curve as market players
squared their positions ahead of a long weekend and the Bank of
Japan's...
Read more
rose slightly on Friday across the yield curve as market players
squared their positions ahead of a long weekend and the Bank of
Japan's...
Read more
Thursday, September 15, 2016
RPT-German banks count cost of global shipping crisis
LONDON/FRANKFURT, Sept 15 (Reuters) - German banks are
struggling to recoup tens of billions of dollars of loans as a
global shipping industry slump hits them hard.
Read more
struggling to recoup tens of billions of dollars of loans as a
global shipping industry slump hits them hard.
Read more
PRESS DIGEST - Wall Street Journal - Sept 16
Sept 16 (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
U.S. lawmakers ask Wells about taking back bonuses linked to scam case
WASHINGTON, Sept 16 (Reuters) - Five Democratic U.S.
Senators have asked Wells Fargo if it plans to take back bonuses
and other compensation to executives linked to the 2 million
phony bank accounts...
Read more
Senators have asked Wells Fargo if it plans to take back bonuses
and other compensation to executives linked to the 2 million
phony bank accounts...
Read more
BRIEF-Oragenics, Koski Family Limited partnership enters into amendment to June 30, 2016 unsecured promissory note
* Co and Koski Family Limited partnership entered into an
amendment to June 30, 2016 unsecured promissory note - SEC
filing
Read more
amendment to June 30, 2016 unsecured promissory note - SEC
filing
Read more
EMERGING MARKETS-Brazil stocks, currency up as U.S. data dampens rate hike bets
SAO PAULO, Sept 15 (Reuters) - Brazil's currency and stocks
rose on Thursday after weak U.S. economic figures reduced
expectations of an imminent rate hike, but rising poll numbers
for U.S...
Read more
rose on Thursday after weak U.S. economic figures reduced
expectations of an imminent rate hike, but rising poll numbers
for U.S...
Read more
UPDATE 2-Deutsche Bank says U.S. DoJ asks it to pay $14 bln to settle mortgages case
FRANKFURT, Sept 16 (Reuters) - The U.S. Department of
Justice is asking Deutsche Bank to pay $14 billion to
settle an investigation into its selling of mortgage-backed
securities, Germany's flagship...
Read more
Justice is asking Deutsche Bank to pay $14 billion to
settle an investigation into its selling of mortgage-backed
securities, Germany's flagship...
Read more
UPDATE 1-U.S. stock funds post largest weekly outflows in a year- Lipper
(Recasts; adds data on mutual funds and ETF, analyst quote,
table, byline)
By Trevor Hunnicutt
NEW YORK, Sept 15 (Reuters) - Investors fled U.S.-based
stock funds at the fastest rate in a...
Read more
table, byline)
By Trevor Hunnicutt
NEW YORK, Sept 15 (Reuters) - Investors fled U.S.-based
stock funds at the fastest rate in a...
Read more
Deutsche Bank says U.S. DoJ asks it to pay $14 bln to settle mortgages case
FRANKFURT, Sept 16 (Reuters) - The U.S. Department of
Justice is asking Deutsche Bank to pay $14 billion to
settle an investigation into its selling of mortgage-backed
securities, Germany's flagship...
Read more
Justice is asking Deutsche Bank to pay $14 billion to
settle an investigation into its selling of mortgage-backed
securities, Germany's flagship...
Read more
BRIEF-Deutsche Bank says U.S. DoJ asks it to pay $14 bln to settle mortgages case
* Confirms market speculation of opening position by DoJ of
$14 billion and that DoJ has invited bank as next step to submit
counter proposal
Read more
$14 billion and that DoJ has invited bank as next step to submit
counter proposal
Read more
BRIEF-Fitch downgrades state of Rio De Janeiro to 'C' from 'B-'
* Operating margins are negative,reason why administration
had to resort to nonrecurring revenues to cover operating
expenditures
Read more
had to resort to nonrecurring revenues to cover operating
expenditures
Read more
BRIEF-Just Energy reports $160 million public offering of convertible unsecured senior subordinated debentures
* Just Energy Group Inc. announces $160 million public
offering of convertible unsecured senior subordinated debentures
Read more
offering of convertible unsecured senior subordinated debentures
Read more
BRIEF-Just Energy reports $160 million public offering of convertible unsecured senior subordinated debentures
* Just Energy Group Inc. announces $160 million public
offering of convertible unsecured senior subordinated debentures
Read more
offering of convertible unsecured senior subordinated debentures
Read more
UPDATE 3-Britain's Informa to boost U.S. presence with Penton deal
* Informa to buy Penton from private equity firms
(Adds investment returns for owners, stock price, paragraphs
11, 13-15)
Read more
(Adds investment returns for owners, stock price, paragraphs
11, 13-15)
Read more
Venezuela's PDVSA bonds mostly down, market awaits swap offer details
CARACAS, Sept 15 (Reuters) - Venezuelan state oil company
PDVSA's bonds were mostly down on Thursday as
investors puzzled over the lack of details of a $7 billion debt
swap proposal that could offer...
Read more
PDVSA's bonds were mostly down on Thursday as
investors puzzled over the lack of details of a $7 billion debt
swap proposal that could offer...
Read more
TREASURIES-Yield curve steepens after weak retail sales
(Updates prices)
* Yield curve steepest since June 27
* Traders reduce expectations of September rate hike
* Bank of Japan jitters weigh on long-dated bonds
By Karen Brettell
NEW...
Read more
* Yield curve steepest since June 27
* Traders reduce expectations of September rate hike
* Bank of Japan jitters weigh on long-dated bonds
By Karen Brettell
NEW...
Read more
German banks count cost of global shipping crisis
LONDON/FRANKFURT, Sept 15 (Reuters) - German banks are
struggling to recoup tens of billions of dollars of loans as a
global shipping industry slump hits them hard.
Read more
struggling to recoup tens of billions of dollars of loans as a
global shipping industry slump hits them hard.
Read more
BRIEF-Agilent Technologies announces offering of senior notes
* Intends to use proceeds from offering to repay all amounts
outstanding under its revolving credit facility
Source text for Eikon:
Further company coverage:
Read more
outstanding under its revolving credit facility
Source text for Eikon:
Further company coverage:
Read more
MOVES-Stoler leaves Credit Suisse CMBS team
NEW YORK, Sept 15 (IFR) - Jeremy Stoler, a director in the
commercial mortgage division of Credit Suisse's asset finance
group has left the bank, according to three people familiar with
the matter.
Read more
commercial mortgage division of Credit Suisse's asset finance
group has left the bank, according to three people familiar with
the matter.
Read more
UPDATE 1-CBS CEO Moonves says 'no active discussions' with Viacom
Sept 15 (Reuters) - CBS Corp is not in "active
discussions," about recombining with Viacom Inc, CBS
Chief Executive Leslie Moonves said on Thursday.
Read more
discussions," about recombining with Viacom Inc, CBS
Chief Executive Leslie Moonves said on Thursday.
Read more
BRIEF-Callon Petroleum prices upsized $400 mln placement of senior unsecured notes
* Callon Petroleum Company announces pricing of upsized $400
million placement of senior unsecured notes
Read more
million placement of senior unsecured notes
Read more
GLOBAL MARKETS-Stocks gain with dimming chances of Sept rate hike
* Oil steady on short-covering after 2-day drop
(Updates to U.S. trading, changes byline, dateline previous
LONDON)
Read more
(Updates to U.S. trading, changes byline, dateline previous
LONDON)
Read more
U.S. to sell $11 billion in reopened 10-year TIPS next week
WASHINGTON, Sept 15 (Reuters) - For details of the U.S.
Treasury's auction of reopened 10-year Treasury
Inflation-Protected Securities next week, see:
Read more
Treasury's auction of reopened 10-year Treasury
Inflation-Protected Securities next week, see:
Read more
EMERGING MARKETS-Latam markets mostly up as U.S. data dampens rate hike bets
By Bruno Federowski
SAO PAULO, Sept 15 (Reuters) - Latin American stocks and
currencies were mostly higher on Thursday after weak U.S.
economic figures reduced expectations of an imminent rate...
Read more
SAO PAULO, Sept 15 (Reuters) - Latin American stocks and
currencies were mostly higher on Thursday after weak U.S.
economic figures reduced expectations of an imminent rate...
Read more
LPC: Loan market preparing for SEC liquidity rules
NEW YORK, Sept 15 (Reuters) - Managers of loan mutual funds
are preparing for the release of final rules from the US
Securities and Exchange Commission (SEC) that seek to improve
the liquidity risk...
Read more
are preparing for the release of final rules from the US
Securities and Exchange Commission (SEC) that seek to improve
the liquidity risk...
Read more
Chesapeake Energy loses appeal in $438.7 mln bond dispute
NEW YORK, Sept 15 (Reuters) - A federal appeals court on
Thursday rejected Chesapeake Energy Corp's effort to
avoid having to pay $438.7 million, including interest, to
investors in a bond dispute.
Read more
Thursday rejected Chesapeake Energy Corp's effort to
avoid having to pay $438.7 million, including interest, to
investors in a bond dispute.
Read more
LPC: Investors brace for repricing wave as secondary prices soar
NEW YORK, Sept 15 (Reuters) - Rising secondary prices have
prompted a new repricing wave in the US leveraged loan market,
leaving investors to deal with the pain of reduced yields as
issuers line up...
Read more
prompted a new repricing wave in the US leveraged loan market,
leaving investors to deal with the pain of reduced yields as
issuers line up...
Read more
Ukraine can fulfill conditions for next IMF tranche - central bank chief
KIEV, Sept 15 (Reuters) - Ukraine is able to fulfill the
conditions needed to receive a fourth tranche of loans, worth
$1.3 billion, from the International Monetary Fund, central bank
chief Valeriia...
Read more
conditions needed to receive a fourth tranche of loans, worth
$1.3 billion, from the International Monetary Fund, central bank
chief Valeriia...
Read more
UPDATE 1-Euro zone bond yields up but markets calmer after post-ECB storm
LONDON, Sept 15 (Reuters) - Euro zone bond yields crept up
on Thursday but held below this week's highs, as a degree of
calm returned to a market that has been gripped in the past week
by concern...
Read more
on Thursday but held below this week's highs, as a degree of
calm returned to a market that has been gripped in the past week
by concern...
Read more
Hedge funds across globe cut fees in battle for investors
LONDON/NEW YORK, Sept 15 (Reuters) - Hedge funds across the
globe are cutting their management fees as they struggle to
attract investors in the face of weak returns, industry data
shows.
Read more
globe are cutting their management fees as they struggle to
attract investors in the face of weak returns, industry data
shows.
Read more
UPDATE 1-Bank of England likely to stick with rate cut signal despite Brexit bounce
* Retail sales only edge down in August after July surge
(Adds retail sales figures, John Lewis, Reuters poll)
Read more
(Adds retail sales figures, John Lewis, Reuters poll)
Read more
EMERGING MARKETS-Emerging markets slip further on US, Japan bond yield unease
LONDON, Sept 15 (Reuters) - Emerging stocks inched lower for
the fifth straight day on Thursday amid unease over steeper
developed market yield curves and crucial central bank meetings
next week in...
Read more
the fifth straight day on Thursday amid unease over steeper
developed market yield curves and crucial central bank meetings
next week in...
Read more
GLOBAL MARKETS-Stocks struggle for footing after bond slip
LONDON, Sept 15 (Reuters) - World stocks steadied at
two-month lows on Thursday though bond markets stayed firmly in
the red, as eight years on from the collapse of Lehman Brothers
two of Europe's...
Read more
two-month lows on Thursday though bond markets stayed firmly in
the red, as eight years on from the collapse of Lehman Brothers
two of Europe's...
Read more
BRIEF-Takeaway.com valued at 1-1.2 bln euros pre-IPO -newspaper
AMSTERDAM, Sept 15 (Reuters) - **Analysts working on
Takeaway.com's initial public offering of shares have valued it
at 1-1.2 billion euros, Dutch daily Het Financieele Dagblad
reports.
Read more
Takeaway.com's initial public offering of shares have valued it
at 1-1.2 billion euros, Dutch daily Het Financieele Dagblad
reports.
Read more
Swiss National Bank keeps expansive policy to check overvalued franc
ZURICH, Sept 15 (Reuters) - Switzerland's central bank on
Thursday kept its expansive monetary policy intact, holding its
negative interest rates at record low levels despite mounting
criticism of...
Read more
Thursday kept its expansive monetary policy intact, holding its
negative interest rates at record low levels despite mounting
criticism of...
Read more
JGBs rise, steepening eases ahead of BOJ next week
TOKYO, Sept 15 (Reuters) - Japanese government bond prices
rose on Thursday and the relentless steepening in their yield
curve eased as investors looked to the Bank of Japan's policy
meeting next...
Read more
rose on Thursday and the relentless steepening in their yield
curve eased as investors looked to the Bank of Japan's policy
meeting next...
Read more
Wednesday, September 14, 2016
India's commerce minister: didn't tell reporter I want devaluation
NEW DELHI, Sept 15 (Reuters) - India's government sent mixed
messages on Thursday whether it wanted a weaker rupee, with
Commerce Minister Nirmala Sitharaman saying she had not told a
reporter the...
Read more
messages on Thursday whether it wanted a weaker rupee, with
Commerce Minister Nirmala Sitharaman saying she had not told a
reporter the...
Read more
UPDATE 1-IMF board approves $1 billion loan disbursement to Ukraine
WASHINGTON, Sept 14 (Reuters) - The International Monetary
Fund said its board on Wednesday approved a long-awaited loan
disbursement to Ukraine of about $1 billion after a review of
the country's...
Read more
Fund said its board on Wednesday approved a long-awaited loan
disbursement to Ukraine of about $1 billion after a review of
the country's...
Read more
UPDATE 1-Caesars directors must 'pony up' details of wealth -judge
CHICAGO, Sept 14 (Reuters) - Billionaire investors Marc
Rowan and David Bonderman are among Caesars Entertainment Corp
directors who must disclose details of their wealth to
creditors of the casino...
Read more
Rowan and David Bonderman are among Caesars Entertainment Corp
directors who must disclose details of their wealth to
creditors of the casino...
Read more
CORRECTED-EMERGING MARKETS-Key Latam stocks, currencies slide on uncertainty over Fed
SAO PAULO, Sept 14 (Reuters) - Mexico's currency fell on
Wednesday to its lowest closing level ever, with investors on
edge due to uncertainty over the timing of the next U.S.
interest rate increase...
Read more
Wednesday to its lowest closing level ever, with investors on
edge due to uncertainty over the timing of the next U.S.
interest rate increase...
Read more
Bank of England set to stick with rate cut signal despite Brexit bounce
LONDON, Sept 15 (Reuters) - The Bank of England is expected
to say on Thursday that it will still probably cut interest
rates to a fraction above zero later this year, despite signs it
overestimated...
Read more
to say on Thursday that it will still probably cut interest
rates to a fraction above zero later this year, despite signs it
overestimated...
Read more
IMF board approves $1 billion loan disbursement to Ukraine
WASHINGTON, Sept 14 (Reuters) - The International Monetary
Fund said its board approved a long-awaited loan disbursement of
about $1 billion to Ukraine after a review of the country's
bailout program.
Read more
Fund said its board approved a long-awaited loan disbursement of
about $1 billion to Ukraine after a review of the country's
bailout program.
Read more
LATAM CLOSE-No deals price in LatAm primary market
* Peru to market local-currency bonds to international investors
* LatAm bonds weaken on uncertainty over Fed
* Brazil plans to privatize Cemig by November
By Mike Gambale
NEW YORK,...
Read more
* LatAm bonds weaken on uncertainty over Fed
* Brazil plans to privatize Cemig by November
By Mike Gambale
NEW YORK,...
Read more
UPDATE 1-Florida jury finds city of Miami liable in municipal bond case
MIAMI, Sept 14 (Reuters) - The city of Miami and its former
budget director were found liable by a Florida jury on Wednesday
for engaging in a financial shell game in a case brought by the
U.S....
Read more
budget director were found liable by a Florida jury on Wednesday
for engaging in a financial shell game in a case brought by the
U.S....
Read more
Brazil's Postalis mulls bad loan options after failed sale -sources
SAO PAULO, Sept 14 (Reuters) - Postalis Instituto de
Previdência Complementar, the Brazilian pension fund for post
office workers, is gauging how to offload 2.2 billion reais
($661 million) worth of...
Read more
Previdência Complementar, the Brazilian pension fund for post
office workers, is gauging how to offload 2.2 billion reais
($661 million) worth of...
Read more
BRIEF-Spectrum Brands announces pricing of senior notes offering
* Unit to sell EUR425.0 million aggregate principal amount
of 4.000 pct senior notes due 2026 at a price of 100.000 pct of
par value
Source text for Eikon:
Further company coverage:
Read more
of 4.000 pct senior notes due 2026 at a price of 100.000 pct of
par value
Source text for Eikon:
Further company coverage:
Read more
TREASURIES-Yield curve at steepest point in two months
(Adds quote, updates prices)
* ECB, BOJ seen as less supportive of long-term debt
* Retail sales, inflation data in focus this week
By Karen Brettell
NEW YORK, Sept 14 (Reuters) -...
Read more
* ECB, BOJ seen as less supportive of long-term debt
* Retail sales, inflation data in focus this week
By Karen Brettell
NEW YORK, Sept 14 (Reuters) -...
Read more
CORRECTED-UPDATE 1-Golfsmith files for bankruptcy protection, to sell retail chain
Sept 14 (Reuters) - Specialty golf retailer Golfsmith
International Inc filed for Chapter 11 bankruptcy on Wednesday
and agreed to sell its Canadian retail chain to a group led by
Fairfax Financial...
Read more
International Inc filed for Chapter 11 bankruptcy on Wednesday
and agreed to sell its Canadian retail chain to a group led by
Fairfax Financial...
Read more
Venezuelan crude sales to the U.S. fall 13 pct in Aug
HOUSTON, Sept 14 (Reuters) - Venezuelan crude sales to the
United States declined almost 13 percent last month to 712,870
barrels per day (bpd) due to fewer shipments of crude blends and
upgraded oil...
Read more
United States declined almost 13 percent last month to 712,870
barrels per day (bpd) due to fewer shipments of crude blends and
upgraded oil...
Read more
MOVES-Okuliar joins Ares Management from Carlyle
NEW YORK, Sept 14 (IFR) - Boris Okuliar, a former UBS banker
who was hired by The Carlyle Group in 2014 to bolster its credit
investments unit, left the firm last week to join rival Ares
Management...
Read more
who was hired by The Carlyle Group in 2014 to bolster its credit
investments unit, left the firm last week to join rival Ares
Management...
Read more
BRIEF-Moody's says low oil, gas prices have varied implications for energy dependent state, local governments
* Moody's - Low oil and gas prices have varied implications
for energy dependent state and local governments
Read more
for energy dependent state and local governments
Read more
UPDATE 1-Golfsmith files for bankruptcy protection, to sell retail chain
Sept 14 (Reuters) - Specialty golf retailer Golfsmith
International Inc filed for Chapter 11 bankruptcy on Wednesday
and agreed to sell its Canadian retail chain to a group led by
Fairfax Financial...
Read more
International Inc filed for Chapter 11 bankruptcy on Wednesday
and agreed to sell its Canadian retail chain to a group led by
Fairfax Financial...
Read more
Venezuela's PDVSA bonds rise after swap proposal
CARACAS, Sept 14 (Reuters) - Venezuelan state oil company
PDVSA's bonds rose on Wednesday following a $7 billion debt swap
proposal that could offer financial relief for the cash-strapped
company...
Read more
PDVSA's bonds rose on Wednesday following a $7 billion debt swap
proposal that could offer financial relief for the cash-strapped
company...
Read more
UPDATE 1-Bank of Canada's Wilkins sees 'smart pick-up' in U.S. growth
LONDON, Sept 14 (Reuters) - The U.S. economy looks set to
accelerate over the rest of the year, a senior Bank of Canada
official said on Wednesday, a potentially encouraging sign for
Canada just a...
Read more
accelerate over the rest of the year, a senior Bank of Canada
official said on Wednesday, a potentially encouraging sign for
Canada just a...
Read more
BRIEF-Aflac announces senior notes offering
* Says to commence a public offering of two series of senior
notes, with a scheduled maturity of 2026 and 2046, respectively
Read more
notes, with a scheduled maturity of 2026 and 2046, respectively
Read more
UPDATE 1-Canadian home prices rise in August, up 11.4 pct on year
OTTAWA, Sept 14 (Reuters) - Canadian home prices climbed in
August, led by gains in the two hottest markets Vancouver and
Toronto, where prices have more than doubled in just over 11
years, a home...
Read more
August, led by gains in the two hottest markets Vancouver and
Toronto, where prices have more than doubled in just over 11
years, a home...
Read more
PRESS DIGEST- Canada - Sept 14
Sept 14 (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
UPDATE 1-Bank bosses say no big slowdown in markets so far after Brexit vote
LONDON, Sept 14 (Reuters) - There has been no fundamental
slowdown in markets so far because of Britain's decision to
leave the European Union, top officials from the financial
services sector said...
Read more
slowdown in markets so far because of Britain's decision to
leave the European Union, top officials from the financial
services sector said...
Read more
EMERGING MARKETS-Stocks selloff rumbles on, China strains hit Asia FX
By Marc Jones
LONDON, Sept 14 (Reuters) - Emerging market stocks fell for a fourth day
running on Wednesday as growing concerns about the ability of central banks to
keep pump priming global...
Read more
LONDON, Sept 14 (Reuters) - Emerging market stocks fell for a fourth day
running on Wednesday as growing concerns about the ability of central banks to
keep pump priming global...
Read more
Two Hanjin container ships put up for sale - ship brokers
SINGAPORE, Sept 14 (Reuters) - Two more ships operated by
financially troubled South Korean shipper, Hanjin Shipping Co
Ltd, have been put up for sale, two ship brokers
with knowledge with the matter...
Read more
financially troubled South Korean shipper, Hanjin Shipping Co
Ltd, have been put up for sale, two ship brokers
with knowledge with the matter...
Read more
Euro zone bond yields rise as ECB official warns against more stimulus
LONDON, Sept 14 (Reuters) - Euro zone bond yields rose
across the board on Wednesday after a top European Central Bank
official said the central bank should hold off on new monetary
easing measures.
Read more
across the board on Wednesday after a top European Central Bank
official said the central bank should hold off on new monetary
easing measures.
Read more
Short-dated JGBs gain, long-dated bonds suffer on BOJ steepening bets
TOKYO, Sept 14 (Reuters) - Short-dated Japanese government
bond prices gained while longer-dated bonds tanked on Wednesday
as investors bet the Bank of Japan will act to steepen the yield
curve as...
Read more
bond prices gained while longer-dated bonds tanked on Wednesday
as investors bet the Bank of Japan will act to steepen the yield
curve as...
Read more
Tuesday, September 13, 2016
GLOBAL MARKETS-Asian stocks languish near 6-week lows as bond rout intensifies
HONG KONG, Sept 14 (Reuters) - Asian stocks wallowed near
six-week lows on Wednesday and the dollar stood strong against a
broad swathe of currencies including the Japanese yen as
concerns grew about...
Read more
six-week lows on Wednesday and the dollar stood strong against a
broad swathe of currencies including the Japanese yen as
concerns grew about...
Read more
Ghana president outlines policy plans ahead of December election
ACCRA, Sept 14 (Reuters) - Ghanaian President John Mahama
outlined on Tuesday the ruling party's plans for the next four
years in a bid to establish policy credibility ahead of what is
expected to be...
Read more
outlined on Tuesday the ruling party's plans for the next four
years in a bid to establish policy credibility ahead of what is
expected to be...
Read more
PRESS DIGEST- British Business - Sept 14
Sept 14 - 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
pages of British newspapers. Reuters has not verified these
stories and does not vouch for their accuracy.
Read more
EMERGING MARKETS-Latam stocks, currencies tumble as oil price drops
(Updates prices)
By Bruno Federowski
SAO PAULO, Sept 13 (Reuters) - Latin American stocks and
currencies stumbled on Tuesday, weighed by a slump in crude
prices and concerns over a possible...
Read more
By Bruno Federowski
SAO PAULO, Sept 13 (Reuters) - Latin American stocks and
currencies stumbled on Tuesday, weighed by a slump in crude
prices and concerns over a possible...
Read more
GLOBAL MARKETS-Stocks drop with oil prices; long-dated bond yields rise
* Oil down as IEA sees market oversupplied in first half of
2017
(Updates with closing levels for U.S. markets)
Read more
2017
(Updates with closing levels for U.S. markets)
Read more
BRIEF-Kennedy-Wilson priced its offering of additional £200 million in aggregate principal amount of fixed rate bonds
* Priced its offering of additional £200 million in
aggregate principal amount of fixed rate bonds
Read more
aggregate principal amount of fixed rate bonds
Read more
BRIEF-Oasis reports offering of $250 million of senior convertible notes
* Oasis Petroleum Inc. announces offering of $250 million of
senior convertible notes due 2023
Read more
senior convertible notes due 2023
Read more
UPDATE 1-Trump presidency could cost U.S. economy $1 trillion -Oxford Economics
LONDON, Sept 13 (Reuters) - The U.S. economy could be $1
trillion smaller than otherwise expected in 2021 if Republican
candidate Donald Trump wins the presidential election in
November, economics...
Read more
trillion smaller than otherwise expected in 2021 if Republican
candidate Donald Trump wins the presidential election in
November, economics...
Read more
TREASURIES-Long-dated debt yields jump on supply, BOJ policy
(Recasts with latest market move; adds auction details, updates
prices)
* Treasury sees weak demand for $12 bln 30-yr auction
* Corporate supply adds to market pressure, hurting yields
*...
Read more
prices)
* Treasury sees weak demand for $12 bln 30-yr auction
* Corporate supply adds to market pressure, hurting yields
*...
Read more
GLOBAL MARKETS-Stocks fall with energy shares, oil price drop
* Oil down as IEA sees market oversupplied in first half of
2017
(Updates with European shares close)
Read more
2017
(Updates with European shares close)
Read more
REFILE-UPDATE 2-Bridgewater's Dalio says U.S. economy too fragile for rate hikes
NEW YORK, Sept 13 (Reuters) - The economic environment is
too fragile for the Federal Reserve to raise interest rates this
month, Ray Dalio of Bridgewater Associates, one of the world's
largest and...
Read more
too fragile for the Federal Reserve to raise interest rates this
month, Ray Dalio of Bridgewater Associates, one of the world's
largest and...
Read more
UPDATE 1-Short-seller Chanos calls Tesla-SolarCity merger 'crazy' -CNBC conference
NEW YORK, Sept 13 (Reuters) - The prominent short-seller Jim
Chanos, founder of Kynikos Associates, called the proposed
merger of Tesla Motors Inc and SolarCity Corp
"crazy," noting that the...
Read more
Chanos, founder of Kynikos Associates, called the proposed
merger of Tesla Motors Inc and SolarCity Corp
"crazy," noting that the...
Read more
BRIEF-Moody's places Agrium under review for upgrade following merger announcement with Potash
* Moody's places Agrium under review for upgrade following
merger announcement with Potash Corp
Read more
merger announcement with Potash Corp
Read more
Short-seller Chanos calls Tesla-SolarCity merger 'crazy' - CNBC conference
NEW YORK, Sept 13 (Reuters) - The prominent short-seller Jim
Chanos, founder of Kynikos Associates, called the proposed
merger of Tesla Motors Inc and SolarCity Corp
"crazy," noting that the...
Read more
Chanos, founder of Kynikos Associates, called the proposed
merger of Tesla Motors Inc and SolarCity Corp
"crazy," noting that the...
Read more
BRIEF-Global Copper Group to make non-brokered private placement of up to 10 mln units
* Global Copper Group to acquire additional Ontario Cobalt
claims and non-brokered private placement
Read more
claims and non-brokered private placement
Read more
BRIEF-Fitch affirms Hewlett Packard Enterprise Co at 'A-/F2' with stable outlook
* Fitch affirms Hewlett Packard Enterprise Co. at 'A-/F2' on
software spin-off; outlook stable
Source text for Eikon:
Further company coverage:
Read more
software spin-off; outlook stable
Source text for Eikon:
Further company coverage:
Read more
Investment-starved Argentina bets on CEOs to revive economy
BUENOS AIRES, Sept 13 (Reuters) - Argentina is hoping a
conference of nearly 2,000 top corporate executives that began
on Tuesday will spark the capital investment needed to recharge
its shrinking...
Read more
conference of nearly 2,000 top corporate executives that began
on Tuesday will spark the capital investment needed to recharge
its shrinking...
Read more
MONEY MARKETS-Dollar Libor falls after remarks by Fed's Brainard
NEW YORK, Sept 13 (Reuters) - A gauge on what banks charge
each other to borrow dollars for three months fell on Tuesday
from its highest level in more than seven years, following
remarks by Federal...
Read more
each other to borrow dollars for three months fell on Tuesday
from its highest level in more than seven years, following
remarks by Federal...
Read more
BRIEF-Brinker Int wholly-owned units entered into 2nd amendment to credit agreement
* Co, wholly-owned units entered into second amendment to
credit agreement dated as of September 13, 2016 - SEC filing
Read more
credit agreement dated as of September 13, 2016 - SEC filing
Read more
UPDATE 2-EU should expel Hungary over treatment of migrants, Luxembourg minister says
* Row surfaces days before unity-seeking summit
(Adds Hungarian, German, Czech govt reactions)
Read more
(Adds Hungarian, German, Czech govt reactions)
Read more
Italy's Generali says not planning any merger
LONDON, Sept 13 (Reuters) - Italian insurer Generali's
Chief Executive Philippe Donnet said on Tuesday the
company was not planning to merge with AXA or with any
other company.
Read more
Chief Executive Philippe Donnet said on Tuesday the
company was not planning to merge with AXA or with any
other company.
Read more
BRIEF-Delmar Pharmaceuticals says files for stock shelf of up to $25.8 mln
* Says files for stock shelf of up to $25.8 million - SEC
filing
Source text: [http://bit.ly/2cJzw1c]
Further company coverage:
Read more
filing
Source text: [http://bit.ly/2cJzw1c]
Further company coverage:
Read more
BRIEF-Delmar Pharmaceuticals says files for stock shelf of up to $100 mln
* Says files for stock shelf of up to $100 million - SEC
filing
Source text for Eikon: [http://bit.ly/2cBSx9R]
Further company coverage:
Read more
filing
Source text for Eikon: [http://bit.ly/2cBSx9R]
Further company coverage:
Read more
Germany arrests three Syrians suspected of IS involvement
BERLIN, Sept 13 (Reuters) - German police have arrested
three Syrian nationals in the northern state of
Schleswig-Holstein suspected of being sent to Germany by the
militant Islamic State group,...
Read more
three Syrian nationals in the northern state of
Schleswig-Holstein suspected of being sent to Germany by the
militant Islamic State group,...
Read more
UPDATE 2-Hanjin Shipping secures $45 mln, more may take "considerable time"
* Ship held in Australia, others may face arrest - sources
(Adds ex-chairwoman's funds, estimated cost for cargo
unloading, vessel status, related story link)
Read more
(Adds ex-chairwoman's funds, estimated cost for cargo
unloading, vessel status, related story link)
Read more
China Jan-Aug FDI up 4.5 pct y/y
BEIJING, Sept 13 (Reuters) - Foreign direct investment (FDI)
in China rose 4.5 percent in the first eight months of this year
from the same period a year earlier to 548.83 billion yuan, or
$85.88...
Read more
in China rose 4.5 percent in the first eight months of this year
from the same period a year earlier to 548.83 billion yuan, or
$85.88...
Read more
BRIEF-Moody's says EMEA gaming sector outlook stable into 2017 on low-but-steady earnings growth
* Increasing online and modest organic revenue growth will
support low-but-steady earnings growth in Europe's gaming
industry through 2017
Read more
support low-but-steady earnings growth in Europe's gaming
industry through 2017
Read more
South Korea says tough luck to Hanjin as shipping line sinks
SEOUL, Sept 13 (Reuters) - The South Korean government, long
a bastion of support for the country's big conglomerates, is
sticking to its hard-line stance on Hanjin Shipping Co Ltd
, whose collapse...
Read more
a bastion of support for the country's big conglomerates, is
sticking to its hard-line stance on Hanjin Shipping Co Ltd
, whose collapse...
Read more
Monday, September 12, 2016
BRIEF-S&P places state of Rio De Janeiro's rating on creditwatch negative following missed debt service payment
* State of Rio De Janeiro 'CCC-' rating placed on
creditwatch negative following missed debt service payment
Read more
creditwatch negative following missed debt service payment
Read more
Brazil lower house expels ex-speaker for Swiss accounts lie
BRASILIA, Sept 12 (Reuters) - Brazil's lower house of
Congress voted on Monday to strip former speaker Eduardo Cunha
of his seat and ban him from politics for eight years for lying
about bank...
Read more
Congress voted on Monday to strip former speaker Eduardo Cunha
of his seat and ban him from politics for eight years for lying
about bank...
Read more
GLOBAL MARKETS-Asia stocks rise, dollar sags after Fed official's dovish comments
TOKYO, Sept 13 (Reuters) - Asian stocks rose early on
Tuesday, boosted as Wall Street rallied overnight after Federal
Reserve Board Governor Lael Brainard brought relief to risk
asset markets by...
Read more
Tuesday, boosted as Wall Street rallied overnight after Federal
Reserve Board Governor Lael Brainard brought relief to risk
asset markets by...
Read more
PRESS DIGEST- Financial Times - Sept 13
Sept 12 (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-Penn Virginia Corporation emerges from bankruptcy
* Company has commitment for up to $200 million in new financing and closes on a $50 million
rights offering
Read more
rights offering
Read more
BRIEF-Spectrum Brands announces intention to offer senior notes to refinance existing senior notes due 2020
* Spectrum Brands announces intention to offer senior notes
to refinance existing senior notes due 2020
Read more
to refinance existing senior notes due 2020
Read more
UPDATE 1-Obama hopeful on spending, Zika funds after meeting Congress leaders
WASHINGTON, Sept 12 (Reuters) - President Barack Obama said
after meeting with the top four congressional leaders on Monday
he was encouraged that lawmakers would be able to pass short
term spending...
Read more
after meeting with the top four congressional leaders on Monday
he was encouraged that lawmakers would be able to pass short
term spending...
Read more
NRG Energy wins auction for SunEdison wind and solar projects
CHICAGO, Sept 12 (Reuters) - Houston-based NRG Energy Inc
has won the auction for bankrupt renewable power plant
developer SunEdison Inc 's wind and solar projects in
Texas and other states with a...
Read more
has won the auction for bankrupt renewable power plant
developer SunEdison Inc 's wind and solar projects in
Texas and other states with a...
Read more
UPDATE 2-Freeport to sell U.S. Gulf assets to Anadarko for $2 bln
Sept 12 (Reuters) - Freeport McMoRan Inc said on
Monday it will sell its deepwater Gulf of Mexico oil and natural
gas assets to Anadarko Petroleum Corp for $2 billion as
it looks to cut its heavy...
Read more
Monday it will sell its deepwater Gulf of Mexico oil and natural
gas assets to Anadarko Petroleum Corp for $2 billion as
it looks to cut its heavy...
Read more
TREASURIES-Yield curve steepens as near-term rate hike seen less likely
(Recasts with Brainard, adds auction details, updates prices)
* Yield curve steepest in over a month
* U.S. sells $24 bln 3-yr notes, $20 bln 10-yr notes
* Fed's Brainard urges caution on...
Read more
* Yield curve steepest in over a month
* U.S. sells $24 bln 3-yr notes, $20 bln 10-yr notes
* Fed's Brainard urges caution on...
Read more
UPDATE 1-Fed's Brainard remarks reduce bets of U.S. rate hike next week
Sept 12 (Reuters) - U.S. interest rate futures prices rose
on Monday, diminishing the implied probability of a rate hike by
the U.S. central bank next week, after Federal Reserve Governor
Lael...
Read more
on Monday, diminishing the implied probability of a rate hike by
the U.S. central bank next week, after Federal Reserve Governor
Lael...
Read more
UPDATE 1-Mexico's IEnova plans October share offering of over $1 bln -sources
MEXICO CITY, Sept 12 (Reuters) - Mexico's Infraestructura
Energetica Nova (IEnova) aims to raise more than $1 billion in a
secondary share offering in October, three people with knowledge
of the...
Read more
Energetica Nova (IEnova) aims to raise more than $1 billion in a
secondary share offering in October, three people with knowledge
of the...
Read more
Mexico's IEnova plans share offering of over $1 bln in Oct-sources
MEXICO CITY, Sept 12 (Reuters) - Mexico's Infraestructura
Energetica Nova (IEnova) aims to raise more than $1 billion in a
secondary share offering in October, three people with knowledge
of the...
Read more
Energetica Nova (IEnova) aims to raise more than $1 billion in a
secondary share offering in October, three people with knowledge
of the...
Read more
UPDATE 2-Cargo from bankrupt Hanjin ship moving in US, new funds pledged
SAN FRANCISCO/SEOUL, Sept 12 (Reuters) - A portion of the
$14 billion in cargo trapped at sea by the bankruptcy of Hajin
Shipping Co Ltd began moving out of a California
port on Monday as...
Read more
$14 billion in cargo trapped at sea by the bankruptcy of Hajin
Shipping Co Ltd began moving out of a California
port on Monday as...
Read more
GLOBAL MARKETS-U.S. stocks pare losses, oil up as markets reassess central banks
* U.S dollar index softens, crude prices turn positive
(Updates with U.S. markets, changes dateline from previous
LONDON)
Read more
(Updates with U.S. markets, changes dateline from previous
LONDON)
Read more
U.S. rate futures rise on comments from Fed's Brainard
Sept 12 (Reuters) - U.S. interest rate futures prices rose
on Monday, diminishing the implied probability of a rate hike by
the U.S. central bank next week, after Federal Reserve Governor
Lael...
Read more
on Monday, diminishing the implied probability of a rate hike by
the U.S. central bank next week, after Federal Reserve Governor
Lael...
Read more
Bank of England says to start buying corporate debt on Sept. 27
LONDON, Sept 12 (Reuters) - The Bank of England said it
would start to buy 10 billion pounds ($13.3 billion) worth of
sterling corporate bonds via reverse auctions on Sept. 27, as
part of the...
Read more
would start to buy 10 billion pounds ($13.3 billion) worth of
sterling corporate bonds via reverse auctions on Sept. 27, as
part of the...
Read more
EMERGING MARKETS-Latam stocks, currencies mostly slip on Fed rate hike worries
By Bruno Federowski
SAO PAULO, Sept 12 (Reuters) - Most Latin American stocks
and currencies fell on Monday as concerns over a possible U.S.
interest rate increase sapped appetite for emerging...
Read more
SAO PAULO, Sept 12 (Reuters) - Most Latin American stocks
and currencies fell on Monday as concerns over a possible U.S.
interest rate increase sapped appetite for emerging...
Read more
UPDATE 1-Global bonds and stocks lashed by policy rethink, talk of turning point
TOKYO/HONG KONG/LONDON, Sept 12 (Reuters) - A sudden surge
in government borrowing rates across the world has jarred global
markets, reflecting mounting investor anxiety that central banks
have run...
Read more
in government borrowing rates across the world has jarred global
markets, reflecting mounting investor anxiety that central banks
have run...
Read more
BRIEF-Moody's says Russian banks' asset quality to improve in 2017
* Russian banks' asset quality bottoms out as economy looks
up, but credit costs will remain high
Read more
up, but credit costs will remain high
Read more
Brazil's Oi says board member Grodetzky resigned
SAO PAULO, Sept 12 (Reuters) - Brazil's Oi SA on
Monday said Marcos Grodetzky had stepped down from the phone
carrier's board, according to a securities filing.
Read more
Monday said Marcos Grodetzky had stepped down from the phone
carrier's board, according to a securities filing.
Read more
UPDATE 1-Russia says to oppose new IMF aid tranche to Ukraine
MOSCOW, Sept 12 (Reuters) - Russia will vote against a new
tranche of financial aid from the International Monetary Fund to
Ukraine but is willing to discuss an out-of-court settlement
over Kiev's...
Read more
tranche of financial aid from the International Monetary Fund to
Ukraine but is willing to discuss an out-of-court settlement
over Kiev's...
Read more
PRESS DIGEST-Canada - Sept. 12
Sept 12 (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
Russia ready for out of court settlement with Ukraine over debt
MOSCOW, Sept 12 (Reuters) - Russia is ready for an out of
court settlement over Ukraine's debt to Moscow but Kiev must
make changes to its proposals on how to restructure the $3
billion Eurobond it...
Read more
court settlement over Ukraine's debt to Moscow but Kiev must
make changes to its proposals on how to restructure the $3
billion Eurobond it...
Read more
CEE MARKETS-Assets follow developed markets lower, credit ratings eyed
* Moody's keeps Poland rating unchanged
* S&P to review Hungary's rating on Friday
* Croatia elections force coalition talks
By Marton Dunai
BUDAPEST, Sept 12 (Reuters) - Emerging...
Read more
* S&P to review Hungary's rating on Friday
* Croatia elections force coalition talks
By Marton Dunai
BUDAPEST, Sept 12 (Reuters) - Emerging...
Read more
EMERGING MARKETS-Fed fears pummel emerging markets; stocks fall 2.5 pct
LONDON, Sept 12 (Reuters) - Fears of an imminent U.S. rate
rise along with higher bond yields in developed markets hit
emerging assets on Monday, with the main equity index tumbling
2.5 percent and...
Read more
rise along with higher bond yields in developed markets hit
emerging assets on Monday, with the main equity index tumbling
2.5 percent and...
Read more
Bank of England deputy governor Shafik to step down in Feb 2017
LONDON, Sept 12 (Reuters) - Bank of England deputy governor
Minouche Shafik will step down at the end of February 2017 to
take on a new role as director of the London School of
Economics, the central...
Read more
Minouche Shafik will step down at the end of February 2017 to
take on a new role as director of the London School of
Economics, the central...
Read more
Bond shake-out pushes Southern European bond yields sharply higher
LONDON, Sept 12 (Reuters) - Southern European government
bond yields rose sharply on Monday as concerns about the
effectiveness of central bank policy around the world injected
global markets with a...
Read more
bond yields rose sharply on Monday as concerns about the
effectiveness of central bank policy around the world injected
global markets with a...
Read more
GSK sells anaesthetics to Aspen for up to $370 mln
LONDON, Sept 12 (Reuters) - GlaxoSmithKline is to
sell its portfolio of anaesthetic drugs to South Africa's Aspen
Pharmacare for up to 280 million pounds ($372 million)
as part of a drive by the...
Read more
sell its portfolio of anaesthetic drugs to South Africa's Aspen
Pharmacare for up to 280 million pounds ($372 million)
as part of a drive by the...
Read more
Global bonds and stocks lashed as easy-money policy is seen at the limit
TOKYO/HONG KONG, Sept 12 (Reuters) - As bond yields across
markets hit multi-month highs for a second session on Monday,
global investors were harshly reminded that central banks may be
out of both...
Read more
markets hit multi-month highs for a second session on Monday,
global investors were harshly reminded that central banks may be
out of both...
Read more
Sunday, September 11, 2016
PRESS DIGEST - Wall Street Journal - Sept 12
Sept 12 (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
JGB yield curve steepens sharply on BOJ talk ahead of auction
TOKYO, Sept 12 (Reuters) - Yield curves for Japanese
government bonds steepened on Monday on speculation that the
Bank of Japan will change its policy and as traders took
positions ahead of a 20-year...
Read more
government bonds steepened on Monday on speculation that the
Bank of Japan will change its policy and as traders took
positions ahead of a 20-year...
Read more
Hanjin ship unloads in U.S., trucks expected to take containers
SAN FRANCISCO, Sept 11 (Reuters) - A ship of bankrupt Hanjin
Shipping Co Ltd is finishing unloading in California
and expected to leave port on Monday, and truckers expect to
pick up cargo soon,...
Read more
Shipping Co Ltd is finishing unloading in California
and expected to leave port on Monday, and truckers expect to
pick up cargo soon,...
Read more
PRESS DIGEST- Financial Times - Sept 12
Sept 12 (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
GLOBAL MARKETS-Asia shares, bonds on defensive amid central bank jitters
SYDNEY, Sept 12 (Reuters) - Asian shares looked set to skid
on Monday with investors rattled by rising bond yields and talk
the Federal Reserve might be serious about lifting U.S. interest
rates as...
Read more
on Monday with investors rattled by rising bond yields and talk
the Federal Reserve might be serious about lifting U.S. interest
rates as...
Read more
Croatia's conservatives lead in parliamentary vote - preliminary result
ZAGREB, Sept 11 (Reuters) - Croatia's conservative Croatian
Democratic Union (HDZ) were in the lead with 62 seats in the
151-seat parliament in Sunday's parliamentary election,
preliminary results...
Read more
Democratic Union (HDZ) were in the lead with 62 seats in the
151-seat parliament in Sunday's parliamentary election,
preliminary results...
Read more
Brazil's Petrobras CEO says to halve leverage ratio before 2020 -paper
BRASILIA, Sept 11 (Reuters) - Brazil's state-run oil firm
Petroleo Brasileiro SA will seek to reduce its
leverage ratio to 2.5 from 5 currently before 2020, Chief
Executive Officer Pedro Parente...
Read more
Petroleo Brasileiro SA will seek to reduce its
leverage ratio to 2.5 from 5 currently before 2020, Chief
Executive Officer Pedro Parente...
Read more
Brazil's Temer says pension reform will not be approved quickly - paper
BRASILIA, Sept 11 (Reuters) - The pension reform to be
proposed by the Brazilian government will not be approved
quickly, President Michel Temer told newspaper O Globo in an
interview published on...
Read more
proposed by the Brazilian government will not be approved
quickly, President Michel Temer told newspaper O Globo in an
interview published on...
Read more
Saturday, September 10, 2016
Croats vote in snap election, new coalition cabinet looming
ZAGREB, Sept 11 (Reuters) - Croats choose a government for
the second time in less than a year on Sunday, and polls predict
a close outcome and another coalition that lacks a clear mandate
to push...
Read more
the second time in less than a year on Sunday, and polls predict
a close outcome and another coalition that lacks a clear mandate
to push...
Read more
Univision deletes Gawker Media posts subject to lawsuits
Sept 10 (Reuters) - Univision Communications Inc said on
Saturday it has deleted postings subject to active litigation
against Gawker Media Group Inc to create a "clean slate" for the
online...
Read more
Saturday it has deleted postings subject to active litigation
against Gawker Media Group Inc to create a "clean slate" for the
online...
Read more
UPDATE 1-Monte Paschi rescue unchanged after CEO exit -Italy's Padoan
BRATISLAVA, Sept 10 (Reuters) - A rescue plan for Italian
bank Monte dei Paschi will not be modified following
the resignation on Thursday of its boss, the country's economy
minister said on Saturday.
Read more
bank Monte dei Paschi will not be modified following
the resignation on Thursday of its boss, the country's economy
minister said on Saturday.
Read more
Italy's economy minister confident Monte Paschi plan will not be changed
BRATISLAVA, Sept 10 (Reuters) - A capital raising plan for
bank Monte dei Paschi will not be modified by the
lender after the resignation of its boss, Italy's economy
minister said on Saturday.
Read more
bank Monte dei Paschi will not be modified by the
lender after the resignation of its boss, Italy's economy
minister said on Saturday.
Read more
Brexit will be tough for European Investment Bank says its chief
BRATISLAVA, Sept 10 (Reuters) - Britain's exit from the
European Union will create difficulties for the European
Investment Bank (EIB), a lender owned by EU governments, the
bank's president Werner...
Read more
European Union will create difficulties for the European
Investment Bank (EIB), a lender owned by EU governments, the
bank's president Werner...
Read more
One Hanjin ship cleared to dock at U.S. port, others remain in limbo
LOS ANGELES/SAN FRANCISCO, Sept 9 (Reuters) - A Hanjin
Shipping Co container vessel idled off the coast of
Mexico after the company's bankruptcy has received permission to
dock and unload cargo at...
Read more
Shipping Co container vessel idled off the coast of
Mexico after the company's bankruptcy has received permission to
dock and unload cargo at...
Read more
Friday, September 9, 2016
UPDATE 6-Hanjin Shipping gets U.S. court order, cash to unload ships
Sept 9 (Reuters) - A U.S. judge on Friday signed an order
granting Hanjin Shipping Co Ltd provisional
protection from creditors in the United States, enabling some
vessels to dock and unload at U.S....
Read more
granting Hanjin Shipping Co Ltd provisional
protection from creditors in the United States, enabling some
vessels to dock and unload at U.S....
Read more
Oklahoma judge OKs McClendon land sale, freeing Thunder stake
OKLAHOMA CITY/NEW YORK, Sept 9 (Reuters) - The judge overseeing Aubrey McClendon's estate approved a land deal on Friday that will pay off one of the late energy magnate's major creditors, paving the...
Read more
Read more
BRIEF-Fitch rates Air Canada's proposed secured debt issuance 'BB+(EXP)/RR1'
* Fitch rates Air Canada's proposed secured debt issuance
'BB+(EXP)/RR1'
Source text for Eikon:
Further company coverage:
Read more
'BB+(EXP)/RR1'
Source text for Eikon:
Further company coverage:
Read more
EMERGING MARKETS-Latam markets slump on N. Korea nuclear test, Fed jitters
SAO PAULO, Sept 9 (Reuters) - Most Latin American currencies
and stocks slumped on Thursday, weighed down by concerns over
North Korea's latest nuclear test and hawkish comments by a U.S.
Federal...
Read more
and stocks slumped on Thursday, weighed down by concerns over
North Korea's latest nuclear test and hawkish comments by a U.S.
Federal...
Read more
UPDATE 1-SandRidge overcomes shareholder fight to exit bankruptcy
CHICAGO, Sept 9 (Reuters) - SandRidge Energy Inc
won court approval for a plan to exit bankruptcy on Friday,
overcoming opposition from shareholders who had accused the oil
and gas producer of...
Read more
won court approval for a plan to exit bankruptcy on Friday,
overcoming opposition from shareholders who had accused the oil
and gas producer of...
Read more
BRIEF-Lightstream says recapitalization will reduce annual interest expense by about $108 mln
* Announces mailing of management information circular with
respect to proposed plan of arrangement and special meeting
Read more
respect to proposed plan of arrangement and special meeting
Read more
BRIEF-Elephant Talk Communications files for potential mixed shelf offering
* Elephant Talk Communications files for potential mixed
shelf offering of upto $20 million - sec filing
Source text for Eikon:
Further company coverage:
Read more
shelf offering of upto $20 million - sec filing
Source text for Eikon:
Further company coverage:
Read more
BRIEF-RR Donnelley updates on anticipated capitalization
* Announced further information regarding anticipated
capitalization and certain expected terms of credit agreements
Read more
capitalization and certain expected terms of credit agreements
Read more
BRIEF-Fitch rates NYC Transitional Finance Auth's $1b FTS sub bonds 'AAA'
* Fitch rates NYC Transitional Finance Auth's $1b FTS Sub
Bonds 'AAA'; outlook stable
Source text for Eikon:
Read more
Bonds 'AAA'; outlook stable
Source text for Eikon:
Read more
TREASURIES-Long-dated yields hit more than 2-month peak, tracking Japan
* U.S. 30-year, 10-year yields hit 11-week high
* JGB yields rise as well
* Fed's officials divided ahead of September FOMC
(Adds comment, prices)
By Gertrude Chavez-Dreyfuss
NEW...
Read more
* JGB yields rise as well
* Fed's officials divided ahead of September FOMC
(Adds comment, prices)
By Gertrude Chavez-Dreyfuss
NEW...
Read more
Private investors tout EU real estate as 'biggest spread anywhere'
SAN FRANCISCO, Sept 9 (Reuters) - There is significant money
to be made in Europe by investing and lending where local banks
cannot, two prominent private fund managers told attendees of a
U.S. hedge...
Read more
to be made in Europe by investing and lending where local banks
cannot, two prominent private fund managers told attendees of a
U.S. hedge...
Read more
SandRidge wins court approval to exit bankruptcy - U.S. judge
CHICAGO, Sept 9 (Reuters) - SandRidge Energy Inc
won court approval for a plan to exit bankruptcy, overcoming
opposition from shareholders who had accused the oil and gas
producer of misrepresenting...
Read more
won court approval for a plan to exit bankruptcy, overcoming
opposition from shareholders who had accused the oil and gas
producer of misrepresenting...
Read more
UPDATE 1-Hanjin Shipping says has cash to begin unloading four ships
Sept 9 (Reuters) - Hanjin Shipping Co Ltd has
received authority to spend the money needed to dock at U.S.
ports and begin unloading four vessels that have been stranded
at sea by the company's...
Read more
received authority to spend the money needed to dock at U.S.
ports and begin unloading four vessels that have been stranded
at sea by the company's...
Read more
UPDATE 1-Azeri cenbank sharply hikes refinancing rate to 15 pct
BAKU, Sept 9 (Reuters) - Azerbaijan's central bank said on
Friday it raised its refinancing rate to 15 percent from 9.5
percent, in an unexpected move at a time when the country's
manat currency is...
Read more
Friday it raised its refinancing rate to 15 percent from 9.5
percent, in an unexpected move at a time when the country's
manat currency is...
Read more
More work needed to move forward on EU crisis fund - Dombrovskis
BRUSSELS, Sept 9 (Reuters) - European Union finance
ministers need more time to find common ground on whether to set
up a crisis fund that could provide financial support to
countries in economic...
Read more
ministers need more time to find common ground on whether to set
up a crisis fund that could provide financial support to
countries in economic...
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UPDATE 1-Caesars mediator resigns in casino unit's bankruptcy
CHICAGO, Sept 9 (Reuters) - The mediator trying to resolve
the $18 billion bankruptcy of Caesars Entertainment Operating Co
Inc (CEOC), a unit of Caesars Entertainment Corp, has
stepped down,...
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the $18 billion bankruptcy of Caesars Entertainment Operating Co
Inc (CEOC), a unit of Caesars Entertainment Corp, has
stepped down,...
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German 10-year Bund yield turns positive first time since Brexit result
LONDON, Sept 9 (Reuters) - Germany's 10-year Bund yield
turned positive on Friday for the first time since the day after
Britain's Brexit vote in June as a sell-off in global bonds took
hold.
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turned positive on Friday for the first time since the day after
Britain's Brexit vote in June as a sell-off in global bonds took
hold.
Read more
Yield-starved investors find solace in sterling
LONDON, Sept 9 (IFR) - Corporate and financial issuers that
had shunned the sterling market for most of 2016 are returning
in droves, spurred by investors' search for yield and the Bank
of England's...
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had shunned the sterling market for most of 2016 are returning
in droves, spurred by investors' search for yield and the Bank
of England's...
Read more
BRIEF-Wesco Aircraft Holdings says unit to initiate new loan facilities
* Unit Wesco Aircraft Hardware Corp to initiate a
syndication process with respect to a new term loan A facility
and new revolving facility
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syndication process with respect to a new term loan A facility
and new revolving facility
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BRIEF-Versum Materials, Inc. - Offering of $425 mln amount of senior unsecured notes
* Offering of $425 million aggregate principal amount of
senior unsecured notes
Source text for Eikon:
Further company coverage:
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senior unsecured notes
Source text for Eikon:
Further company coverage:
Read more
CEE MARKETS-Poland's zloty drops before rating review
* Zloty off 2-week high vs euro
* Moody's downgrade of Poland unlikely, but worries linger
* Kuna, Croatian bonds steady ahead of Sunday elections
(Adds Croatian elections, Czech forwards)
...
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* Moody's downgrade of Poland unlikely, but worries linger
* Kuna, Croatian bonds steady ahead of Sunday elections
(Adds Croatian elections, Czech forwards)
...
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CANADA FX DEBT-C$ weakens to 1-week low; Fed rate bets offset firm jobs data
* Canadian dollar at C$1.3006, or 76.89 U.S. cents
* Loonie touches its weakest since Sept. 2 at C$1.3016
* Canadian bond prices lower across steeper maturity curve
* 10-year yield...
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* Loonie touches its weakest since Sept. 2 at C$1.3016
* Canadian bond prices lower across steeper maturity curve
* 10-year yield...
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UPDATE 1-ValueAct buys stake in Seagate Technology
Sept 9 (Reuters) - Seagate Technology Plc has sold a
stake in itself to ValueAct Capital in a deal that also provides
the activist hedge fund with a front-row view of its board
meetings, the...
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stake in itself to ValueAct Capital in a deal that also provides
the activist hedge fund with a front-row view of its board
meetings, the...
Read more
GLOBAL MARKETS-German jitters weigh on stocks, ECB doubts lift yields
LONDON, Sept 9 (Reuters) - European stocks fell and bond
yields rose on Friday, driven by German trade figures that cast
doubt on the strength of the euro zone's largest economy and
lingering...
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yields rose on Friday, driven by German trade figures that cast
doubt on the strength of the euro zone's largest economy and
lingering...
Read more
Finland's Rehn: EU should stick to deficit rules
HELSINKI, Sept 9 (Reuters) - The European Union should stick
to the deficit rules in its Stability and Growth Pact, the EU's
former top economic official Olli Rehn said when asked about the
bloc's...
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to the deficit rules in its Stability and Growth Pact, the EU's
former top economic official Olli Rehn said when asked about the
bloc's...
Read more
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