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  • TOKYO, Aug 5- The dollar extended gains against the yen and euro on Wednesday after Atlanta Federal Reserve President Dennis Lockhart expressed support for an interest rate hike in September. Lockhart, a voter this year on the Federal Open Market Committee, told the Wall Street Journal that it would take "significant deterioration" in the U.S. economy for him to...

  • MANILA, Aug 5- Gold slipped toward a 5-1/ 2- year low on Wednesday as the dollar strengthened after comments from a Federal Reserve official backed expectations that the U.S. central bank would hike interest rates as early as next month. Atlanta Federal Reserve President Dennis Lockhart has said it would take "significant deterioration" in the U.S. economy for him...

  • MANILA, Aug 5- Gold steadied not far from a 5-1/ 2- year low early on Wednesday after comments from a Federal Reserve official backed investor expectations that the U.S. central bank would hike interest rates as early as next month. *Gold, an asset that does not earn interest, has taken a hit given rising risks of a U.S. rate hike. *Gold sales at the Perth Mint climbed to a...

  • WASHINGTON— Commerce Department releases international trade data for June, 8:30 a.m.. WASHINGTON— Institute for Supply Management releases its service sector index for July, 10 a.m.. ROME— Italy's largest bank UniCredit announces its second-quarter earnings.

  • *Utilities lead declines on Wall Street. The dollar rose sharply against the euro after Federal Reserve Bank of Atlanta President Dennis Lockhart, a member of the Fed's policy setting committee who typically votes with the core, told the Wall Street Journal it would take a sharp turn for the worst in economic data to change his view in support of a rate hike after...

  • NEW YORK, Aug 4- The dollar rose on Tuesday as a top U.S. Atlanta Fed President Dennis Lockhart told the Wall Street Journal said it would take "significant deterioration" in the U.S. economy for him to not support a rate hike in September. "He is seen as a swing vote and he has become increasingly hawkish," said Ian Gordon, G10 currency strategist at Bank of America Merrill...

  • *Utilities lead declines on Wall Street. The dollar rose sharply against the euro after Federal Reserve Bank of Atlanta President Dennis Lockhart, a member of the Fed's policy setting committee who typically votes with the core, told the Wall Street Journal it would take a sharp turn for the worst in economic data to change his view in support of a rate hike after...

  • *Stock exchange head sees "signs of normalisation". *Banking stocks sink again, non-financials up from lows. ATHENS, Aug 4- Greece's banking stocks plunged for the second day in a row on Tuesday, holding down the main Athens index which otherwise turned the corner after the previous day's record rout.

  • *Stock exchange head sees' signs of normalization'. ATHENS, Aug 4- Greece's banking stocks plunged for the second day in a row on Tuesday, holding down the main Athens index which otherwise looked as if it was turning the corner after the previous day's record rout. On Monday, the Athens General Index lost 16.2 percent, around 8 billion euros in value, on the first day of...

  • ATHENS, Aug 4- Greece's banking stocks plunged for the second day in a row on Tuesday, dragging the main Athens index down in a graphic illustration of the country's financial and economic woes. There were signs, however, that the rout that took 8 billion euros off the market on Monday may be ending as already historically low valuations fall to levels at which...

  • JERUSALEM, Aug 4- Leumi, Israel's second-largest bank, said on Tuesday it had sold another 5.2 percent stake in conglomerate Israel Corp for 500 million shekels. Leumi said it had sold the 400,000 shares of Israel Corp on Monday to a number of unnamed entities at 1,250 shekels each. Leumi still holds 5.9 percent of Israel Corp, the parent company of potash producer...

  • ATHENS, Greece— Greece's government conceded Tuesday that dissent within the ruling party was likely to force an early election, while bank shares plummeted again on the stock market, which reopened this week after a long closure. Greece's economy is reeling from the impact of limits on money withdrawals and transfers that the government imposed on June 29 to...

  • ATHENS, Aug 4- Greece's banking stocks plunged for the second day in a row on Tuesday, dragging the main Athens index down and reflecting the country's continuing financial and economic woes. Gaming group OPAP was up 3.5 percent and Aegean Airlines (AGNr.AT> gained 2.7 percent. The Athens index lost 16.2 percent on Monday, the worst fall on record, wiping out nearly 8...

  • ATHENS, Aug 4- Greece's banking stocks plunged for the second day in a row on Tuesday, dragging the main Athens index down and reflecting the country's continuing financial and economic woes. Gaming group OPAP was up 3.5 percent and Aegean Airlines (AGNr.AT> gained 2.7 percent. The Athens index lost 16.2 percent on Monday, the worst fall on record, wiping out nearly 8...

  • ATHENS, Aug 4- Greek stocks were down 4.5 percent in early trade on Tuesday, dragged down by another near 30 percent plunge in banking stocks, a day after sustaining record losses when the bourse opened following a five-week shut down. The main Athens index lost 16.2 percent on Monday, the worst fall on record, as investors reacted to continuing questions about a new...

  • MANILA, Aug 4- Gold hovered near a 5-1/ 2- year low on Tuesday, still pressured by expectations that the Federal Reserve was well on course to raise interest rates this year. "I think it underscores our sense that the Fed may take a cautious approach, hence perhaps defer the first hike to December," said Vishnu Varathan, senior economist at Mizuho Bank in Singapore.

  • SYDNEY, Aug 4- Australia's central bank held interest rates at record lows on Tuesday in a widely expected decision, but surprised markets by toning down calls for a further fall in the local dollar. The currency jumped half a U.S. cent to $0.7348 after the Reserve Bank of Australia dropped a reference to a further decline being necessary, saying only that the...

  • NEW YORK, Aug 3- New York state's financial watchdog effectively suspended Promontory Financial Group LLC, a prominent consulting firm, from doing regulatory work for banks licensed by the state after finding that it whitewashed reports it gave to authorities. The New York State Department of Financial Services found that Promontory was not sufficiently...

  • AIG raises dividend as earnings beat estimates Monday, 3 Aug 2015 | 5:55 PM ET
    AIG headquarters in New York City.

    AIG reported second-quarter earnings of $1.39 a share on Monday, beating estimates of $1.22 a share.

  • RBS sale means privatization, taxpayer loss Monday, 3 Aug 2015 | 3:26 PM ET
    ATM cash machines outside a branch of the Royal Bank of Scotland in Edinburgh.

    The sale of Royal Bank of Scotland shares marks the UK's biggest privatization move at a loss to the taxpayer, The Financial Times reports.

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