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  • TOKYO— Japan's central bank opted Friday for a modest expansion of its lavish monetary stimulus to help perk up sluggish growth and combat deflation. The Bank of Japan ended a policy meeting Friday by announcing it will expand purchases of assets from financial institutions to help inject more cash into the world's third-largest economy and pursue its 2...

  • SINGAPORE, July 29- The safe-haven yen jumped against the dollar on Friday after the Bank of Japan's monetary policy easing disappointed investors who had been hoping for more radical stimulus measures. It initially rose to 105.75 yen right after the BOJ's announcement but later tumbled to as low as 102.705 yen. Other than ETFs, they didn't announce anything, "...

  • TOKYO— Japan's central bank opted Friday for a modest expansion of its lavish monetary stimulus to help perk up sluggish growth and combat deflation. The Bank of Japan ended a policy meeting Friday by announcing it will expand purchases of assets from financial institutions to help inject more cash into the world's third-largest economy and pursue its 2...

  • DHAKA, July 29- The Federal Reserve Bank of New York has asked the Philippines' central bank to help Bangladesh Bank recover the $81 million that was stolen by hackers in February from its account held at the Fed, boosting Dhaka's efforts to retrieve the money. Bangladesh Bank has also agreed to share with the Fed a report into the heist that was prepared by U.S. cyber...

  • NEW YORK FED ASKS PHILIPPINES' CENTRAL BANK TO HELP BANGLADESH RECOVER MONEY FROM CYBER HEIST.

  • Pedestrians pass by a Banca Monte dei Paschi di Siena SpA bank branch in Milan, Italy, on Tuesday, April 12, 2016.

    A former Italian industry minister has teamed up with UBS to present a last-ditch rescue proposal to Monte dei Paschi di Siena, the FT reports.

  • European Banks

    Italian lenders will be the ones in focus, according to Invesco's Stephanie Butcher.

  • MILAN, July 28- Italy's third-biggest lender, Monte dei Paschi di Siena, has received a last-minute rescue proposal by Swiss bank UBS, just hours before it is due to unveil its own bailout plan to meet regulators' concerns over its stability. The bank said in a statement on Thursday night it had received two letters from UBS and former Italian Industry Minister...

  • NEW YORK/ LONDON, July 28- Gold turned lower after hitting a two-week peak on Thursday as the dollar pared losses and U.S. stocks climbed from their lows ahead of a possible Bank of Japan announcement to expand monetary stimulus on Friday. Spot gold was down 0.3 percent at $1,335.60 an ounce at 3:28 p.m. EDT, after rising to a two-week top at $1,345.21.

  • Businessmen walk past the Bank of Japan in Tokyo, Japan

    The Bank of Japan is considering specific steps for expanding monetary stimulus to address signs of weakness in inflation.

  • Kelly King, CEO, BB&T

    BB&T Securities said it will layoff at least 61 people as it exits the equity research business and makes other changes at its securities unit.

  • Skyscrapers new york city, office buildings, corporate, corporate america

    That's how much of the $51 trillion in company debt is coming due between now and 2021, according to fresh data from S&P Global Ratings.

  • LONDON/ MILAN, July 28- Italy's Monte dei Paschi di Siena,, which is scrambling to put together a privately backed bailout, suffered a setback on Thursday when three banks turned down a request to back a planned 5 billion euro cash call. The troubled lender is trying to pull together a banking consortium to guarantee its proposed capital increase in the next 24 hours...

  • A lumberjack cuts logs that have been harvested at an NJB Logging LLC site in Chesterland, Ohio.

    Some of the banks could be broken up, but it may not be Washington that makes it happen.

  • LONDON, July 28- Shockwaves from Britain's vote to leave the European Union rocked the economy on Thursday, with thousands of jobs lost at one of the country's biggest banks, big extra costs for Ford, and consumer confidence plunging. One of Britain's biggest car dealerships, Inchcape, predicted growth in new car registrations would fall. The 2016 impact of Brexit...

  • LONDON, July 28- Morgan Stanley and Italian lenders UniCredit and Intesa SanPaolo have rebuffed a proposal by Italy's third-largest lender, Banca Monte dei Paschi di Siena, to back its proposed 5 billion euro cash call, a source familiar with the matter told Reuters. The troubled lender is trying to pull together a banking consortium to guarantee its proposed...

  • Euro zone confidence rises after Brexit

    CNBC's Simon Hobbs reports on all the market moving events in Europe today, including Royal Dutch Shell, Brexit, Telefonica and Rolls-Royce

  • *Central bank tightens monetary policy for 3rd time since Dec 30. COLOMBO, July 28- Sri Lanka's central bank raised its main interest rates by 50 basis points each on Thursday in a surprise move aimed at curbing stubbornly high credit growth that is adding to concern about inflationary pressures. The Central Bank of Sri Lanka raised the standing deposit facility...

  • bet bid wager

    Wall Street banks are pricing in expectations that the Federal Reserve will increase rates before 2016 is out.

  • July 28- Wall Street fell on Thursday morning on mixed earnings and weak economic data, a day after the Federal Reserve decided to keep interest rates unchanged. A report by the U.S. Labor Department showed that unemployment numbers rose more than expected to 266,000 for the week ended July 22. However, Facebook opened at an all-time high of $128.31 after the...

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